New Tesla Model 3 for Sale near Perrault Falls, 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 $29,174 CAD, and its nationwide average price reached a low of $27,972 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 used-car choice if you want a compact electric sedan with quick acceleration, modern technology, and low maintenance needs. The all-generations owner rating is 4.76/5 across every model year in the data.

Owners consistently praise its performance, innovative technology, and efficiency, and many also value the premium-feeling interior and smooth handling. The high-tech cabin and software-driven ownership experience are recurring highlights across the lineup.

25.0% 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 minimal maintenance costs. The model also earns strong marks for smooth handling, efficiency, and a modern driving experience that feels especially appealing in daily 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 car’s charging routine, software-heavy design, and the condition of individual examples, so a careful inspection and service-history review matter.

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 be popular because they give you more inventory to compare, which can make it easier to find the right trim, price, and condition. They also often sit in the sweet spot between newer features and more accessible used pricing.

What is the Tesla Model 3's resale value?

Most model years are down year over year, which can work in your favour if you are shopping used and want stronger value. The largest drops are concentrated in the newer and higher-priced examples, while the smaller declines suggest some years are softening more gradually than others.

The 2021, 2022, and 2019 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 −15.75% versus a year ago, and the 2024 model is at −14.82%.
• Deal availability: The 2024 model has 25.3% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $32,182 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 15, 2026, CarGurus experts' opinions, and generative AI.