New Tesla Model Y for Sale near Minett, 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$54,426 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 YearTotal ListingsGood + Great Deals %
202228726.5%
202326226.7%
202119425.8%
202415628.2%
20208125.9%
20255429.6%

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 YearCurrent Avg. PriceYear-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.