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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:
| Model Year | Current Avg. Price | Year-Round Range |
|---|---|---|
| 2025 | $54,426 CAD | $54,426 CAD – $62,136 CAD |
| 2024 | $48,334 CAD | $44,943 CAD – $52,240 CAD |
| 2023 | $42,862 CAD | $41,367 CAD – $47,390 CAD |
| 2022 | $40,889 CAD | $39,403 CAD – $44,449 CAD |
| 2021 | $34,305 CAD | $34,127 CAD – $38,269 CAD |
| 2020 | $32,886 CAD | $31,310 CAD – $37,208 CAD |
The Tesla Model Y's current nationwide average price is $41,419 CAD, and its lowest nationwide average price over the past year was $39,351 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 Y a good car?
Yes — the Tesla Model Y is a strong choice for used EV shoppers who want quick acceleration, advanced technology, and a spacious cabin. 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, roomy interior, and easy charging experience. Many also appreciate the generous standard equipment and the savings that come with electric driving.
27.2% of listings are priced as good or great deals.
Are Tesla Model Y models reliable?
Owners consistently describe the Tesla Model Y as a satisfying long-term companion, with strong performance, modern technology, and everyday practicality standing out across the model years in the data. Expert and owner feedback also points to a cabin that feels spacious and a driving experience that keeps buyers engaged.
- 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 equipment details carefully, since features can vary within the same model year.
What Tesla Model Y do most buyers choose?
The Tesla Model Y years with the most listings are 2022, 2023, and 2021.
| Model Year | Total Listings | Good + Great Deals % |
|---|---|---|
| 2022 | 287 | 26.5% |
| 2023 | 262 | 26.7% |
| 2021 | 194 | 25.8% |
| 2024 | 156 | 28.2% |
| 2020 | 81 | 25.9% |
| 2025 | 54 | 29.6% |
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 colour, equipment, and price point. They also sit in the middle of the lineup, where many used shoppers find a strong balance of features and value.
What is the Tesla Model Y's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2020 | $32,886 CAD | −11.28% |
| 2025 | $54,426 CAD | −10.59% |
| 2021 | $34,305 CAD | −10.11% |
| 2023 | $42,862 CAD | −9.04% |
| 2022 | $40,889 CAD | −7.94% |
| 2024 | $48,334 CAD | −6.82% |
The table shows broad downward movement across every model year, which can work in your favour if you're shopping used. Several years have seen double-digit drops, while the rest have also moved lower over the past year. That creates more room for value-minded buyers to find a well-equipped Model Y at a more approachable price.
The 2024, 2022, 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 2025 model is at −10.59% versus a year ago, and the 2024 model is at −6.82%.
- Deal availability: The 2025 model has 29.6% good and great deals, and the 2024 model has 28.2%.
- Sweet-spot year: The 2022 model has the most listings at a current average price of $40,889 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.
4.9 Overall rating
Customers say
The Tesla Model Y has garnered enthusiastic feedback from owners across various model years, highlighting its impressive acceleration, advanced technology, and spacious interiors. Drivers appreciate the seamless transition to electric driving, along with significant savings on fuel and maintenance costs. However, some common concerns include the higher price tag, missing luxury features, and occasional discrepancies between the advertised and real-world range. Overall, the Model Y stands out as a strong contender in the electric vehicle market, offering a blend of performance and eco-friendliness.
AI generated from the text of customer reviews.
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What people say
Kenneth N
Reviewed a 2024 Tesla Long Range AWD on May 12, 2025
Awesome I like the auto steer as well as the auto pilot feature makes it a joy to drive. I like all the technology features that this offers in the integration to my cell phone with my calendar and automatic map routing. The overall torque and acceleration on EV’s are amazing. I like all the technology and integration involved with the Tesla overall.
Matthew K
Reviewed a 2024 Tesla Model Y on May 4, 2026
Took some getting used to but now that we've had it for a few days it's pretty amazing. Highly recommend it.
Nancy K
Reviewed a 2024 Tesla Model Y on Jan 17, 2026
Beautiful vehicle. Love the color and combination, just Over priced.
Tesla Model Y Trims
| Trim type | MSRP |
|---|---|
| 2026 Performance AWD | -- |
| 2026 Long Range RWD | $44,990 |
| 2026 Long Range AWD | $48,990 |
| 2026 Long Range Launch Series AWD | $59,990 |
| 2026 Premium AWD | $48,990 |
| 2026 AWD | $41,990 |
| 2026 Standard RWD | $39,990 |
| 2026 Premium RWD | $44,990 |
Tesla Model Y Price Trends
CarGurus tracks the prices of millions of car listings every year. See how the average price of prices has changed over time.
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