Used Tesla Model Y for Sale near Princeton, ON

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

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

The Tesla Model Y's current nationwide average price is $41,331 CAD, and its lowest nationwide average price over the past year was $39,337 CAD. Recently, prices have come down for the 2022, 2023, and 2024 models, making now a good time to shop recent model years.

Is the Tesla Model Y a good car?

Yes — the Tesla Model Y is a strong used-EV choice if you want quick acceleration, advanced technology, and a roomy cabin with useful cargo space. The all-generations owner rating is 4.82/5 across every model year in the data.

Owners consistently praise the Model Y for its performance, spacious interior, and easy charging experience. Many also highlight the practical hatchback layout, generous standard equipment, and the savings that come with electric driving.

25.8% of listings are priced as good or great deals.

Are Tesla Model Y models reliable?

Owners consistently praise the Model Y for its electric performance, spacious packaging, and modern technology, and the expert and owner feedback together point to a vehicle that delivers a compelling everyday experience. Across the model years in the data, buyers also tend to value the strong standard equipment and the practical cargo layout.

• Owners rate the Tesla Model Y between 4.33 and 4.91 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is best managed by checking the exact equipment, production timing, and service history of the specific vehicle you are considering.

What Tesla Model Y do most buyers choose?

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

These higher-volume years tend to be popular because they give you more inventory to compare, more pricing spread to work with, and a better chance of finding the features and range you want. They also sit in the heart of the Model Y's used-market sweet spot, where availability and value often line up well.

What is the Tesla Model Y's resale value?

The table shows broad downward movement across the model years, which can work in your favour if you're shopping used. Several years have seen double-digit drops, while the newer entries have also moved lower over the past year. That pattern creates more room for value-focused buyers to find a well-equipped Model Y at a lower price than before.

The 2022, 2024, and 2023 model years have held their value best, with the smallest year-over-year price changes.

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

Buy now if:

• Price trend: The 2024 model is at −7.5% versus a year ago, and the 2023 model is at −9.91%.
• Deal availability: The 2024 model has 24.3% good and great deals, and the 2023 model has 25.4%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $40,864 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.