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New Tesla Model Y for Sale near Prince Edward Island
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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 | $51,386 CAD | $49,922 CAD – $58,376 CAD |
| 2024 | $47,886 CAD | $44,788 CAD – $51,639 CAD |
| 2023 | $42,770 CAD | $41,294 CAD – $47,313 CAD |
| 2022 | $40,920 CAD | $39,403 CAD – $44,060 CAD |
| 2021 | $34,404 CAD | $33,966 CAD – $38,209 CAD |
| 2020 | $32,124 CAD | $31,325 CAD – $37,167 CAD |
The Tesla Model Y's current nationwide average price is $42,047 CAD, and its lowest nationwide average price over the past year was $39,334 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 pick for used EV shoppers who want quick acceleration, advanced technology, and a spacious cabin. The all-generations owner rating is 4.8/5 across every model year in the data.
Owners consistently praise the Model Y for its performance, roomy interior, and easy charging experience. The cabin’s practicality, generous cargo space, and modern tech also come up often in owner feedback.
28.8% 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, technology, and everyday usability. Expert and owner feedback also points to strong acceleration, a spacious cabin, and a distinctive EV driving experience.
- Owners rate the Tesla Model Y between 4.3 and 4.9 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 and production timing of the vehicle you are considering, 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 | 308 | 30.5% |
| 2023 | 295 | 28.1% |
| 2021 | 199 | 33.2% |
| 2024 | 171 | 25.1% |
| 2020 | 71 | 33.8% |
| 2025 | 64 | 20.3% |
The highest-volume years tend to be the most popular used picks because they give you more inventory to compare and more chances to find the right trim, price, and equipment combination. They also tend to be the years shoppers see most often when balancing value and selection.
What is the Tesla Model Y's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2020 | $32,124 CAD | −13.63% |
| 2025 | $51,386 CAD | −11.19% |
| 2021 | $34,404 CAD | −9.9% |
| 2023 | $42,770 CAD | −9.6% |
| 2024 | $47,886 CAD | −7.27% |
| 2022 | $40,920 CAD | −7.13% |
Most model years are down year over year, which creates better opportunities for used buyers. The sharpest drops are in the double-digit range, while the smaller declines are still meaningful and show that prices have eased across much of the lineup. 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 −11.19% versus a year ago, and the 2024 model is at −7.27%.
- Deal availability: The 2025 model has 20.3% good and great deals, and the 2024 model has 25.1%.
- Sweet-spot year: The 2022 model has the most listings at a current average price of $40,920 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.
How does the 2021 Tesla Model Y compare to the 2021 Ford Mustang Mach-E?
| Spec | 2021 Tesla Model Y | 2021 Ford Mustang Mach-E |
|---|---|---|
| Starting MSRP | $41,990 CAD | $42,895 CAD |
| Motor | 283 hp Electric | 266 hp Electric |
| MPG/MPGe (city) | 140 | 105 |
| MPG/MPGe (highway) | 119 | 93 |
| Battery | 75 kWh | 68 kWh |
| Charge time (240V) | 10 hours | 14.1 hours |
| Average used price | $34,404 CAD | $28,966 CAD |
| Listings available | 199 | 99 |
| Good & great deal share | 33.2% | 27.3% |
These recommendations are based on CarGurus' proprietary market data from October 21, 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.
Is this review helpful?
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.
Is this review helpful?
Nancy K
Reviewed a 2024 Tesla Model Y on Jan 17, 2026
Beautiful vehicle. Love the color and combination, just Over priced.
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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.
See more price trends2026 Tesla Model Y Starting MSRP
$39,990
0.1%
New Tesla Model Y
AVG Used Tesla Model Y Price
$51,423
0.8%
2022 - 2026 model years
Tesla Model Y Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year is priced 22.9% above its starting MSRP, indicating strong demand for the latest model.
- Steepest Depreciation: The 2022 model year has experienced the steepest depreciation at -52.4%, suggesting significant value loss in the used market.
- Years Priced Above Starting MSRP: Only the 2026 model year is currently priced above its starting MSRP, reflecting a unique market condition for new inventory.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $39,990 CAD | $49,136 CAD | +22.9% |
| 2025 | $44,990 CAD | $39,686 CAD | -11.8% |
| 2024 | $42,990 CAD | $37,559 CAD | -12.6% |
| 2023 | $43,990 CAD | $34,107 CAD | -22.5% |
| 2022 | $65,990 CAD | $31,435 CAD | -52.4% |
| 2021 | $41,990 CAD | $27,055 CAD | -35.6% |
| 2020 | $52,990 CAD | $26,635 CAD | -49.7% |
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Winnipeg, MB has the highest average price at $51,653 CAD, indicating a premium market for the Model Y.
- Best Value: Montreal, QC offers the lowest average price at $39,959 CAD, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Toronto, ON leads with 193 listings, suggesting a stable market presence and variety for potential buyers.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 193 | $41,015 CAD |
| Ottawa, ON | 101 | $45,708 CAD |
| Vancouver, BC | 92 | $43,095 CAD |
| London, ON | 80 | $41,863 CAD |
| Montreal, QC | 77 | $39,959 CAD |
| Quebec, QC | 40 | $41,997 CAD |
| Halifax, NS | 22 | $41,994 CAD |
| Winnipeg, MB | 20 | $51,653 CAD |
| Calgary, AB | 13 | $47,806 CAD |
| Edmonton, AB | 13 | $47,240 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The Long Range AWD trim is the most popular with 228 listings, indicating strong consumer preference.
- Premium Spread: The Long Range Launch Series AWD trim is priced at $59,990 CAD, showcasing a significant premium over other trims.
- Drivetrain Effect: All trims feature AWD or RWD configurations, with the Long Range AWD offering the highest horsepower at 384 hp Electric.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Long Range AWD | 228 | $48,990 CAD | AWD | 384 hp Electric |
| Premium AWD | 6 | $48,990 CAD | AWD | 425 hp Electric |
| Long Range RWD | 5 | $44,990 CAD | RWD | 295 hp Electric |
| Long Range Launch Series AWD | 3 | $59,990 CAD | AWD | 425 hp Electric |
| AWD | 2 | $41,990 CAD | AWD | 425 hp Electric |
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
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