Used Tesla Model 3 for Sale near Connaught, ON

How much does the Tesla Model 3 cost in today's market?

Used Tesla Model 3 prices span a wide range depending on model year. Here's what the market looks like right now:

The Tesla Model 3's current nationwide average price is $29,152 CAD, and its lowest point over the past year was $27,974 CAD. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Tesla Model 3 a good car?

Yes — the Tesla Model 3 is a strong used-car choice if you want a compact electric sedan with standout performance and a high-tech feel. The all-generations owner rating is 4.76/5 across every model year in the data.

Owners repeatedly praise the Model 3 for its quick acceleration, smooth handling, efficient electric powertrain, and low maintenance costs. Many also value the minimalist cabin and software-first experience, including frequent over-the-air updates and the modern interior design.

27.1% of listings are priced as good or great deals.

Are Tesla Model 3 models reliable?

Owners consistently praise the Tesla Model 3 for its performance, efficiency, and low-maintenance ownership experience. Expert and owner feedback also points to the car’s modern technology and smooth driving character as major strengths.

• Owners rate the Tesla Model 3 between 1.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is shaped mainly by the specific car you choose, especially software and hardware revisions, so checking the exact vehicle’s equipment and condition matters.

What Tesla Model 3 do most buyers choose?

The Tesla Model 3 years with the most listings are 2022, 2021, and 2020.

These higher-volume years tend to be popular because they give you more inventory to compare, which can make it easier to find the right combination of price, features, and condition. They also often sit in a sweet spot where newer tech and broader availability overlap.

What is the Tesla Model 3's resale value?

The table shows broad downward movement across every listed model year, which is good news if you are shopping used. Several years have double-digit drops, and the rest are still moving lower at a noticeable pace.

The smallest changes are clustered in the later part of the lineup, while the largest declines appear in some of the newer and older examples. That creates more room for value-focused buyers to find attractive pricing across multiple model years.

The 2022, 2021, and 2018 model years have held their value best, with the smallest year-over-year price changes.

Should I buy a used Tesla Model 3 now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −7.88% versus a year ago, and the 2024 model is at −13.54%.
• Deal availability: The 2024 model has 29.4% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $32,054 CAD.

If you're buying used today, the 2022 model year offers the best mix of value and availability. If you want the newest version, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.