New Tesla Model Y for Sale near Centreport, MB

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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 YearCurrent Avg. PriceYear-Round Range
2025$54,241 CAD$54,241 CAD – $62,368 CAD
2024$48,517 CAD$44,942 CAD – $52,112 CAD
2023$42,510 CAD$41,349 CAD – $47,277 CAD
2022$41,160 CAD$39,391 CAD – $44,203 CAD
2021$34,879 CAD$34,096 CAD – $38,270 CAD
2020$32,922 CAD$31,309 CAD – $37,209 CAD

The Tesla Model Y's current nationwide average price is $41,513 CAD, and its lowest point over the past year was $39,326 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 used-EV choice for 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 like the generous standard equipment and the savings that come with electric driving.

24.5% of listings are priced as good or great deals.

Are Tesla Model Y models reliable?

Owners across the model years consistently praise the Model Y for its acceleration, technology, and everyday usability. Expert and owner feedback also points to a practical cabin and strong electric driving experience as recurring strengths.

  • 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 by build timing and 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 YearTotal ListingsGood + Great Deals %
202230625.8%
202327024.4%
202120726.6%
202414622.6%
20207926.6%
20253810.5%

These higher-volume years tend to draw more shoppers because they offer a wider selection and a strong mix of pricing and availability. That usually makes it easier to compare trims, mileage, and equipment before you buy.

What is the Tesla Model Y's resale value?

Model YearCurrent Avg. PriceYear-Over-Year Change
2025$54,241 CAD−13.2%
2020$32,922 CAD−11.14%
2023$42,510 CAD−9.91%
2021$34,879 CAD−8.82%
2022$41,160 CAD−6.88%
2024$48,517 CAD−6.7%

Most model years are down year over year, which can create better opportunities for used buyers. The largest drops are in the newer and older ends of the range, while the middle years show smaller declines.

The 2024, 2022, and 2021 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 −13.2% versus a year ago, and the 2024 model is at −6.7%.
  • Deal availability: The 2025 model has 10.5% good and great deals, and the 2024 model has 22.6%.
  • Sweet-spot year: The 2022 model has the most listings at a current average price of $41,160 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 29, 2026, CarGurus experts' opinions, and generative AI.