New Tesla Model Y for Sale near Southwold, 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 $42,345 CAD, and its lowest nationwide average price over the past year was $39,286 CAD. That gives you a useful snapshot of where this model sits right now and how far prices have moved 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, 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 electric driving experience. Many also highlight the generous standard equipment and the convenience of lower fuel and maintenance costs. Across the model years, the Model Y’s blend of practicality and tech-forward features comes through clearly in owner feedback.

27.9% of listings are priced as good or great deals.

Are Tesla Model Y models reliable?

Owners consistently praise the Model Y for its strong acceleration, spacious packaging, and modern technology. Expert and owner feedback also points to the Model Y’s easy charging experience and everyday usability as recurring strengths.

• 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, production timing, and condition of the specific 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 higher-volume years tend to be popular because they give you more inventory to compare, which can make it easier to find the right trim, price, and feature set. They also tend to attract shoppers looking for a balance of value and availability.

What is the Tesla Model Y's resale value?

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 declines, while the smaller drops on the newer model years suggest a somewhat steadier price pattern there. Overall, the current pricing trend gives used buyers more room to find value than they would have a year ago.

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 −9.79% versus a year ago, and the 2024 model is at −5.74%.
• Deal availability: The 2025 model has 20.6% good and great deals, and the 2024 model has 25.9%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $40,765 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 2022 Tesla Model Y compare to the 2022 Ford Mustang Mach-E?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.