Used Tesla Model 3 for Sale nearOakville, 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 $29,224 CAD, and its nationwide average price reached a low of $27,935 CAD over the past year. 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 choice if you want a compact electric sedan with standout performance and a high-tech ownership experience. The all-generations owner rating is 4.76/5 across every model year in the data.

Owners consistently praise the Model 3 for its quick acceleration, smooth handling, efficient electric powertrain, and low maintenance costs. Many also value the minimalist cabin, advanced technology, and the convenience of software updates that keep the car feeling current.

27.4% of listings are priced as good or great deals.

Are Tesla Model 3 models reliable?

Owners consistently praise the Tesla Model 3 for its strong performance, efficient electric powertrain, and low maintenance needs. The model also earns positive feedback for its modern technology and smooth driving experience, which help make it feel well suited to everyday use.

• 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 by the specific car you choose, so it pays to review the exact model year, equipment, and battery or software setup before you buy.

What Tesla Model 3 do most buyers choose?

The Tesla Model 3 years with the most listings are 2022, 2021, and 2023.

These higher-volume years tend to be popular because they give you more choice at a range of price points, which makes it easier to compare equipment, mileage, and condition. They also sit in the part of the lineup where many shoppers can balance newer features with more accessible used pricing.

What is the Tesla Model 3's resale value?

The table shows broad downward movement across every model year listed, which can work in your favour if you're shopping used. The largest drops are in the newer model years, while the rest of the lineup also shows steady declines. That creates more room for value-focused buyers to find a well-priced example.

The 2020, 2021, and 2023 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 −8.1% versus a year ago, and the 2024 model is at −12.4%.
• Deal availability: The 2024 model has 18% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $31,452 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 20, 2026, CarGurus experts' opinions, and generative AI.