New Tesla Model Y for Sale near Haileybury, ON

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:

The Tesla Model Y's current nationwide average price is $41,933 CAD, and its lowest point over the past year was $39,294 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 if you want quick acceleration, lots of standard equipment, and a practical cabin with generous cargo space. 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 the convenience of electric driving, along with savings on fuel and maintenance costs.

28.3% of listings are priced as good or great deals.

Are Tesla Model Y models reliable?

Owners consistently praise the Model Y for its electric performance, spacious packaging, and modern technology. Expert and owner feedback also points to strong everyday usability, especially for shoppers who value quick acceleration and a practical EV layout.

• 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 the exact equipment, software, and production timing of the vehicle you are considering.

What Tesla Model Y do most buyers choose?

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

These years tend to draw the most attention because they combine broad availability with pricing that gives shoppers several value-focused options to compare. Higher listing volume also gives you more room to find the right trim, equipment, and price point.

What is the Tesla Model Y's resale value?

Most Model Y model years are down year over year, which can work in your favour if you're shopping used. The largest drops are in the double digits, while the smaller declines still give buyers room to find better value than they would have a year ago.

The 2022, 2024, 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 −11.63% versus a year ago, and the 2024 model is at −7.83%.
• Deal availability: The 2025 model has 25% good and great deals, and the 2024 model has 24.9%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $41,018 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 October 20, 2026, CarGurus experts' opinions, and generative AI.