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New Tesla Model 3 for Sale near Burin, NL
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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:
| Model Year | Current Avg. Price | Year-Round Range |
|---|---|---|
| 2025 | $50,340 CAD | $46,917 CAD – $54,988 CAD |
| 2024 | $41,367 CAD | $40,074 CAD – $46,868 CAD |
| 2023 | $32,702 CAD | $31,637 CAD – $35,602 CAD |
| 2022 | $31,086 CAD | $30,028 CAD – $33,905 CAD |
| 2021 | $26,782 CAD | $25,664 CAD – $28,884 CAD |
| 2020 | $24,136 CAD | $23,412 CAD – $26,092 CAD |
| 2019 | $22,439 CAD | $21,326 CAD – $24,002 CAD |
| 2018 | $21,147 CAD | $19,592 CAD – $23,089 CAD |
The Tesla Model 3's current nationwide average price is $28,764 CAD, and its lowest point over the past year was $27,944 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 EV choice, anchored by an all-generations owner rating of 4.8/5.
The all-generations owner rating is 4.8/5 across every model year in the data.
Owners consistently praise the Model 3 for its quick acceleration, smooth handling, and efficient electric powertrain. They also highlight the high-tech cabin experience, low maintenance costs, and the convenience of electric driving.
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 needs, while expert and owner feedback also points to a modern, software-driven ownership experience. Across the model years in the data, the Model 3 stands out for its strong acceleration, smooth ride, and advanced technology.
- Owners rate the Tesla Model 3 between 1 and 5 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 software or hardware version 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.
| Model Year | Total Listings | Good + Great Deals % |
|---|---|---|
| 2022 | 493 | 24.1% |
| 2021 | 462 | 26.8% |
| 2023 | 344 | 24.1% |
| 2020 | 329 | 29.2% |
| 2019 | 195 | 34.4% |
| 2024 | 147 | 21.1% |
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, condition, and features. They also often sit in the sweet spot between newer technology and more accessible used pricing.
What is the Tesla Model 3's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2024 | $41,367 CAD | −11.49% |
| 2022 | $31,086 CAD | −8.29% |
| 2025 | $50,340 CAD | −8.24% |
| 2018 | $21,147 CAD | −7.79% |
| 2020 | $24,136 CAD | −7.33% |
| 2021 | $26,782 CAD | −7.28% |
| 2023 | $32,702 CAD | −7.22% |
| 2019 | $22,439 CAD | −6.1% |
Most model years are down year over year, which creates more room for used buyers to find value. The largest drops are in the double digits for some recent years, while the rest show smaller but still clear declines. That pattern suggests the market has been softening across much of the lineup.
The 2019, 2023, and 2021 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 −8.24% versus a year ago, and the 2024 model is at −11.49%.
- Deal availability: The 2024 model has 21.1% good and great deals.
- Sweet-spot year: The 2022 model has the most listings at a current average price of $31,086 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.
How does the 2021 Tesla Model 3 compare to the 2021 Ford Mustang Mach-E?
| Spec | 2021 Tesla Model 3 | 2021 Ford Mustang Mach-E |
|---|---|---|
| Starting MSRP | $37,990 CAD | $42,895 CAD |
| Motor | 201 hp Electric | 266 hp Electric |
| MPG/MPGe (city) | 150 | 105 |
| MPG/MPGe (highway) | 133 | 93 |
| Battery | 50 kWh | 68 kWh |
| Charge time (240V) | 10 hours | 14.1 hours |
| Average used price | $26,782 CAD | $28,899 CAD |
| Listings available | 462 | 103 |
| Good & great deal share | 26.8% | 27.2% |
These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.
4.8 Overall rating
Customers say
The Tesla Model 3 has earned high praise from owners across all model years for its impressive performance, innovative technology, and minimal maintenance costs. Many drivers appreciate its thrilling acceleration, smooth handling, and efficiency, particularly enjoying benefits like fuel savings and a high-tech interior. However, some common concerns include cargo space limitations, the need for charging, and occasional discomfort in extreme weather conditions. Overall, the Tesla Model 3 stands out as a strong contender in the electric sedan market, noted for its blend of luxury and performance.
AI generated from the text of customer reviews.
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What people say
Claude B
Reviewed a 2024 Tesla Performance AWD on Jul 10, 2025
I found the car's features to be quite impressive and innovative. In terms of value, I believe it offers a good balance between its features and price point.
Is this review helpful?
Nicholas S
Reviewed a 2024 Tesla Model 3 on Aug 3, 2025
This is the best car I’ve ever owned. Power is amazing, drive is smooth. Charging give you a quick 20min break to relax. Totally recommend.
Is this review helpful?
Clint W
Reviewed a 2024 Tesla Model 3 on Apr 6, 2025
I wanted to give it 5 stars, but they took a lot of features out that I really appreciated… For example, in my 2018 model 3 I had premium Wi-Fi that was included as well as Home link… now you have to pay a subscription for these and they took out enhanced auto pilot… Now you have to pay for these features as well. I do, however, appreciate a lot of the upgrades, such as the cool seating, the automatic trunk close, the rear seat screen for passengers, and The upgraded windows that cancel outside noise much better
Is this review helpful?
William B
Reviewed a 2026 Tesla Premium RWD on Apr 25, 2026
Car has all the features we wanted and more. Beginning with autonomous.
Is this review helpful?
Tesla Model 3 Trims
| Trim type | MSRP |
|---|---|
| 2026 Performance AWD | $54,990 |
| 2026 Premium RWD | $42,490 |
| 2026 Standard RWD | $36,990 |
| 2026 Premium AWD | $47,490 |
Tesla Model 3 Price Trends
CarGurus tracks the prices of millions of car listings every year. See how the average price of prices has changed over time.
See more price trends2026 Tesla Model 3 Starting MSRP
$36,990
1.0%
New Tesla Model 3
AVG Used Tesla Model 3 Price
$40,086
1.0%
2022 - 2026 model years
Tesla Model 3 Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year shows an average price of $45,226 CAD, reflecting a 22.3% premium over its starting MSRP.
- Steepest Depreciation: The 2017 model year has experienced the steepest depreciation at -50.0%, indicating significant value loss over time.
- Years Priced Above Starting MSRP: Only the 2026 model year is priced above its starting MSRP, suggesting limited new inventory availability.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $36,990 CAD | $45,226 CAD | +22.3% |
| 2025 | $42,490 CAD | $39,350 CAD | -7.4% |
| 2024 | $38,990 CAD | $37,923 CAD | -2.7% |
| 2023 | $40,240 CAD | $28,503 CAD | -29.2% |
| 2022 | $46,990 CAD | $26,717 CAD | -43.1% |
| 2021 | $37,990 CAD | $24,137 CAD | -36.5% |
| 2020 | $35,000 CAD | $22,640 CAD | -35.3% |
| 2019 | $36,500 CAD | $20,855 CAD | -42.9% |
| 2018 | $35,000 CAD | $19,931 CAD | -43.1% |
| 2017 | $35,000 CAD | $17,492 CAD | -50.0% |
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Winnipeg, MB has the highest average price at $31,553 CAD, indicating strong demand or limited supply.
- Best Value: Montreal, QC offers the lowest average price at $25,474 CAD, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Toronto, ON leads with 338 listings, suggesting a stable market with ample choices for buyers.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 338 | $28,284 CAD |
| Vancouver, BC | 193 | $30,697 CAD |
| Ottawa, ON | 144 | $27,758 CAD |
| Montreal, QC | 139 | $25,474 CAD |
| London, ON | 122 | $25,579 CAD |
| Quebec, QC | 54 | $26,905 CAD |
| Calgary, AB | 35 | $29,430 CAD |
| Winnipeg, MB | 28 | $31,553 CAD |
| Halifax, NS | 28 | $31,491 CAD |
| Edmonton, AB | 17 | $29,136 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The Performance AWD trim leads with 33 listings, indicating strong consumer interest in this variant.
- Premium Spread: The Performance AWD trim is priced at $54,990 CAD, significantly higher than the Standard RWD at $36,990 CAD, highlighting a $18,000 CAD price gap.
- Drivetrain Effect: The Standard RWD trim offers a balance of performance and affordability with 425 hp Electric, appealing to budget-conscious buyers.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Performance AWD | 33 | $54,990 CAD | AWD | 510 hp Electric |
| Standard RWD | 21 | $36,990 CAD | RWD | 425 hp Electric |
| Premium RWD | 8 | $42,490 CAD |
These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.
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