Used Tesla Model 3 for Sale near Morpeth, 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 $29,390 CAD, and its lowest point over the past year was $27,972 CAD. That puts today’s average close to the lower end of its recent range, which can be encouraging if you’re shopping for a used example now.

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 value performance, technology, and low running costs. The all-generations owner rating is 4.76/5 across every model year in the data.

Owners repeatedly praise its quick acceleration, smooth handling, and high-tech cabin. Efficiency and minimal maintenance costs also come up often, along with the appeal of software updates that keep the car feeling current over time.

27.3% 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, innovative technology, and low maintenance needs. Expert and owner feedback also points to a driving experience that feels smooth, efficient, and modern, with the kind of software-driven convenience that many used buyers appreciate.

• 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 more by EV-specific considerations and Tesla’s ownership experience than by routine mechanical upkeep.

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 attract more shoppers because they offer a broad mix of pricing, availability, and familiar Tesla features. When inventory is deeper, you also get more chances to compare condition, mileage, and deal quality across similar cars.

What is the Tesla Model 3's resale value?

The table shows broad downward movement across the lineup, with every listed model year posting a negative year-over-year change. The largest drops are in the double digits, which can create appealing opportunities for used buyers looking at newer examples. The smaller declines among the most popular mid-cycle years suggest those versions are still drawing steady demand.

The 2022, 2021, and 2020 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 −17.01% versus a year ago, and the 2024 model is at −14.17%.
• Deal availability: The 2024 model has 34.7% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $32,405 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 September 11, 2026, CarGurus experts' opinions, and generative AI.