New Tesla Model Y for Sale near Dunsford, ON

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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$54,282 CAD$54,282 CAD – $62,608 CAD
2024$48,328 CAD$44,986 CAD – $52,111 CAD
2023$42,745 CAD$41,351 CAD – $47,269 CAD
2022$41,149 CAD$39,392 CAD – $44,472 CAD
2021$34,819 CAD$34,104 CAD – $38,271 CAD
2020$32,959 CAD$31,306 CAD – $37,213 CAD

The Tesla Model Y's current nationwide average price is $41,699 CAD, and its nationwide average price reached a low of $39,310 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 Y a good car?

Yes — the Tesla Model Y is a strong used-EV choice if you want quick acceleration, a spacious cabin, and a long list of standard features. 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, advanced technology, and roomy interior. Many also highlight easy charging and the savings that come with electric driving, along with the practicality of its cargo space and hatchback layout.

27.2% of listings are priced as good or great deals.

Are Tesla Model Y models reliable?

Owners consistently praise the Tesla Model Y for its strong acceleration, advanced technology, and spacious interior. Expert and owner feedback also points to easy charging, everyday practicality, and a driving experience that feels modern and responsive.

  • 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 and reviewing how each vehicle has been maintained and used.

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 %
202228625.5%
202325726.8%
202119427.3%
202414427.1%
20207726%
20254531.1%

These higher-volume years tend to attract more shoppers because they offer a wider selection of trims, prices, and deal opportunities. They also give you more chances to compare mileage, equipment, and condition before you decide.

What is the Tesla Model Y's resale value?

Model YearCurrent Avg. PriceYear-Over-Year Change
2025$54,282 CAD−13.25%
2020$32,959 CAD−10.71%
2023$42,745 CAD−9.07%
2021$34,819 CAD−8.74%
2022$41,149 CAD−7.49%
2024$48,328 CAD−6.64%

The table shows broad downward movement across every model year, which can work in your favour if you're shopping used. The sharpest drops are in the newest and oldest examples, while the rest of the lineup also shows meaningful year-over-year declines. That creates more room for value-focused buyers to find a well-priced Model Y.

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 −13.25% versus a year ago, and the 2024 model is at −6.64%.
  • Deal availability: The 2025 model has 31.1% good and great deals, and the 2024 model has 27.1%.
  • Sweet-spot year: The 2022 model has the most listings at a current average price of $41,149 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 22, 2026, CarGurus experts' opinions, and generative AI.