Used Tesla Model 3 for Sale near Thornhill, 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 $29,132 CAD, and its nationwide average price reached a low of $27,935 CAD over the past year. That puts today’s pricing near the lower end of its recent range for this model.

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 an electric sedan with quick acceleration, modern tech, and low running costs. The all-generations owner rating is 4.76/5 across every model year in the data.

Owners repeatedly praise its performance, innovative technology, and efficiency, and many also appreciate the premium-feeling interior and minimal maintenance needs. The Model 3’s smooth handling and software-driven ownership experience are recurring highlights, especially for shoppers who want a car that feels contemporary and engaging.

26.8% 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, advanced technology, and low maintenance needs. Expert and owner feedback also points to a smooth driving experience and efficient day-to-day use, which helps make it appealing for long-term ownership.

• 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 EV-specific considerations such as charging habits and battery-related wear over time, so a well-maintained example with a clear service history is especially important.

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 before you buy.

What is the Tesla Model 3's resale value?

Most model years are down year over year, and several have posted double-digit declines. That creates more room for used buyers to find value, especially in the newer model years where recent price drops are more pronounced.

The 2021, 2022, 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 −13.05% versus a year ago, and the 2024 model is at −16.83%.
• Deal availability: The 2024 model has 31.1% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $32,175 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 22, 2026, CarGurus experts' opinions, and generative AI.