New Tesla Model 3 for Sale near Rockcliffe, ON

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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 YearCurrent Avg. PriceYear-Round Range
2025$50,856 CAD$46,944 CAD – $54,557 CAD
2024$42,535 CAD$40,065 CAD – $46,951 CAD
2023$32,785 CAD$31,633 CAD – $35,601 CAD
2022$31,091 CAD$30,026 CAD – $33,910 CAD
2021$26,561 CAD$25,661 CAD – $28,621 CAD
2020$24,579 CAD$23,412 CAD – $25,958 CAD
2019$22,024 CAD$21,325 CAD – $23,893 CAD
2018$21,229 CAD$19,599 CAD – $23,090 CAD

The Tesla Model 3's current nationwide average price is $28,650 CAD, and its nationwide average price reached a low of $27,956 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 EV choice if you want quick acceleration, efficient driving, and a tech-forward cabin. The all-generations owner rating is 4.8/5 across every model year in the data.

Owners repeatedly praise the Model 3 for its performance, innovative technology, and low-maintenance ownership experience. Efficiency and smooth handling also come up often, along with the appeal of a minimalist interior and the convenience of electric driving.

29.5% 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 operation, and low-maintenance ownership experience. The model’s technology and smooth driving character also stand out across the years in the data.

  • 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 condition of the battery, software, and charging-related components, so a careful inspection and a complete service history matter.

What Tesla Model 3 do most buyers choose?

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

Model YearTotal ListingsGood + Great Deals %
202246228.6%
202143429.5%
202333625.6%
202031732.8%
201919731.5%
202414726.5%

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 price, trim, 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?

Model YearCurrent Avg. PriceYear-Over-Year Change
2024$42,535 CAD−9.41%
2022$31,091 CAD−8.31%
2018$21,229 CAD−7.84%
2019$22,024 CAD−7.82%
2021$26,561 CAD−7.2%
2023$32,785 CAD−6.97%
2025$50,856 CAD−6.82%
2020$24,579 CAD−5.31%

The table shows broad price declines across every model year listed, which can work in your favour if you're shopping used. The largest drops are in the newer years, while the smallest change appears in the 2020 model year. Overall, the pattern points to a market where buyers may find more room to negotiate than they would in a rising-price environment.

The 2020, 2025, 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 −6.82% versus a year ago, and the 2024 model is at −9.41%.
  • Deal availability: The 2024 model has 26.5% good and great deals.
  • Sweet-spot year: The 2022 model has the most listings at a current average price of $31,091 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?

Spec2021 Tesla Model 32021 Ford Mustang Mach-E
Motor201 hp Electric266 hp Electric
MPG/MPGe (city)150105
MPG/MPGe (highway)13393
Battery50 kWh68 kWh
Charge time (240V)10 hours14.1 hours
Average used price$26,561 CAD$27,940 CAD
Listings available434109
Good & great deal share29.5%39.4%

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.

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