Tesla Model Y Depreciation in Canada
Model Y depreciation in Canada has been steep since Tesla's 2023–2024 price cuts reset the new-car number. Here's an honest look at where Canadian Model Y values sit today, what factors move the offer, and what Kamocars actually pays.
Why Model Y values dropped so fast
When Tesla cuts the new-car price, every used Model Y on the market instantly competes with a cheaper new one. That has compressed Canadian used Model Y values by roughly 25–35% over 2023–2024 vs the pre-2023 peak.
Wholesale clears at ~62–72% of current retail — softer than equivalent gas SUVs because the buyer pool is smaller and battery / FSD uncertainty makes private buyers cautious.
Rough Canadian value bands (CAD, 2026)
2023 Model Y Long Range AWD, 40,000 km, Excellent condition, no FSD: Kamocars-fair ~$36,000–$42,000.
2022 Model Y Long Range, 70,000 km, Good, no FSD: Kamocars-fair ~$32,000–$37,000.
2021 Model Y Performance, 90,000 km, Good, with FSD: Kamocars-fair ~$33,000–$38,000 (transferable FSD adds ~$3,000–$5,000).
2020 Model Y Long Range, 130,000 km, Good: Kamocars-fair ~$26,000–$30,000.
What moves the offer
Battery health (range estimate at 100%), transferable FSD or Enhanced Autopilot, tow package, premium interior, single vs dual motor, and whether the car had the heat-pump retrofit all matter.
Tire wear on Performance models matters more than people think — 21" wheel tires are expensive to replace and we factor that into the offer.
Common questions
Is Tesla's instant trade-in offer competitive in Canada?
Almost never. Tesla's online trade-in tool is famously aggressive on the low side. Kamocars typically pays $3,000–$8,000 more for the same Model Y.
Does FSD or Enhanced Autopilot increase the offer?
Yes — transferable Tesla software adds value. Send a screenshot of the Upgrades screen in your Tesla account and we'll include it in the offer.
Will Kamocars buy a Tesla with battery degradation?
Yes. Share your 100% range estimate and any recent Tesla service notes so we can price degradation honestly into the offer.
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