Considering picking up a used electric vehicle to save? Take a look at our top pick for the best two-year-old Tesla to stretch your money all while enjoying a newer and feature-rich ride.
Offering luxury, advanced technology, superior range, and a private charging network, Tesla has become a household name. In fact, nearly two out of every three electric vehicles sold in the U.S. are Teslas.
From the Model S to the Model 3, Model X to the Model Y, there’s plenty to choose from, but one model stands out in the used market. But don’t just take our word for it—read on to find out all about this best-selling EV.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Tesla and other authoritative sources, including Edmunds, J.D. Power, and Kelley Blue Book.
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The 2023 Model Y Is The 2-Year-Old Tesla You Should Buy Used
The 2023 Tesla Model Y is a solid option for a two-year-old electric SUV. Teslas are a popular choice for environmentally conscious consumers who want a high-performing, technologically advanced car with a great user experience.
If you’re new to the EV world or extending your knowledge, you should know that the Tesla Model Y was the best-selling EV in the U.S. in 2024. The brand moved an incredible 405,900 individual units throughout the year, with 93,900 of these sales taking place in the final quarter.
The 2023 Tesla Model Y’s Value in 2025
For average pricing, we looked at two main sources that could reliably provide a guide for the Model Y’s three trim levels. Average auction values and private classified listings may present a different picture. Kelley Blue Book’s fair pricing and J.D. Power’s average price paid are a good guide to see how much these models are changing hands for today.
|
2023 Tesla Model Y Standard |
2023 Tesla Model Y Long Range |
2023 Tesla Model Y Performance |
|
|
Original MSRP |
$45,380 |
$49,880 |
$53,880 |
|
Kelley Blue Book (fair price purchase) |
$32,770 |
$32,868 |
$35,264 |
|
J.D. Power (average price paid) |
$29,295 |
$33,320 |
$35,995 |
|
Average (from values above) |
$31,032 |
$33,094 |
$35,630 |
A picture of the 2023 Tesla Model Y’s current values is available when we consider the data above. The trims are generally valued higher for J.D. Power’s average price paid.
Although not a scientific exercise by any measure, calculating the average of these two outlets’ values results in our average price in the final row, which is $33,252.
Average Reliability Scores For The 2023 Tesla Model Y
As a rough indication only, we also checked in with J.D. Power and Consumer Reports to find out what the reliability score for the Model Y is. Overall, the scores, primarily user-generated, are positive for the Model Y.
- J.D. Power rates the Model Y as “Average” for reliability with 70/100—its overall consumer rating is 78/100
- Kelley Blue Book gives the 2023 Model Y a 4.2/5 consumer rating and a 4.3/5 reliability score
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A Look At The 2023 Tesla Model Y Specs
The 2023 Tesla Model Y range is fairly simple to understand, consisting of just three options: Standard, Long Range, and Performance. It’s worth noting that Tesla doesn’t quote horsepower or torque figures, so the below-quoted figures are estimations.
Kicking off the range is the Model Y Standard, which is propelled by a single electric motor, delivering 295 horsepower and 310 lb-ft of torque, for a top speed of 135 mph. Sandwiched in the middle is the Model Y Long Range, which is driven by dual electric motors, delivering 390 horsepower and 376 lb-ft of torque, for a top speed of 155 mph. Performance is the top-spec Model Y, also driven by dual motors, delivering 420 horsepower and 481 lb-ft of torque, for a top speed of 155 mph.
2023 Tesla Model Y: Specs
|
Standard |
Long Range (Dual Motor) |
Performance (Dual Motor) |
|
|
Drive |
RWD |
AWD |
AWD |
|
Battery |
62 kWh |
82.1 kWh |
82.1 kWh |
|
Range (EPA est.) |
260 miles |
330 miles |
303 miles |
|
EPA city / highway fuel economy |
140 / 119 MPGe |
127 / 117 MPGe |
115 / 106 MPGe |
|
Seating |
5 |
7 |
5 |
|
0-60 mph |
5.0 seconds |
4.8 seconds |
3.5 seconds |
|
Maximum towing capacity |
3,500 lbs |
3,500 lbs |
3,500 lbs |
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The 2023 Tesla Model Y’s Standard Features
If you’ve never been in a Tesla, the first thing you’ll notice is that the interiors of its models, including the Model Y, are extremely minimalistic, with virtually no buttons or other controls. You’ll also notice the 15-inch infotainment touchscreen, which is used to access most of the relevant cabin functions.
The Model Y comes with an all-black premium ‘vegan’ leather interior as standard, although a white and black premium ‘vegan’ leather interior was an option. Another standard feature is Autopilot, which uses eight surround cameras allowing for 360-degree vision, while 12 ultrasonic sensors provide detection of surrounding objects. Forward-facing radar sees through heavy rain, fog, dust, and beyond the vehicle ahead.
2023 Model Y Standard Feature Highlights
- Keyless entry
- 14-speaker stereo system
- Bluetooth connectivity
- Large touchscreen display
- ‘Vegan’ leather interior
- One-touch power windows
- LED headlights
- Backup camera
- Heated steering wheel
- Heated seats
- Panoramic glass sunroof
- Wireless smartphone charging
- Autopilot driver assistance system
- 19-inch wheels
The 2023 Tesla Model Y’s Comprehensive Warranty
Like other Teslas, the Model Y has over-the-air software updates. These updates improve the Tesla’s safety, performance, and functionality while also fixing bugs and security issues. They are available to download remotely using WiFi or a cellular network.
- Basic: 4 years / 50,000 miles
- Battery / drive unit: 8 years / 100,000 miles (Model Y Standard), 8 years / 120,000 miles (Model Y Long Range & Performance)
- Rust: 12 years / unlimited miles
The 2023 Tesla Model Y Performance Is The Cream Of The Crop
2023 Tesla Model Y: Basic Specs
|
2023 Tesla Model Y Performance |
|
Drive: AWD |
|
Electric range: 303 miles |
|
Power: 420 hp |
|
Torque: 481 lb-ft |
|
0-60 mph: 3.5 sec |
|
Top speed: 155 mph |
|
Average value: $35,630 (J.D. Power & Kelley Blue Book) |
If you’re in the market for a used 2023 Tesla Model Y, the Performance is the cream of the crop. As the name suggests, it’s the most performance-orientated version in the range.
You can expect significantly faster acceleration, a lower 0-60 mph time, and sportier looks compared to the Long Range and Standard variants. The Performance variant also features stiffer, more performance-orientated suspension, resulting in a sportier driving experience.
As mentioned, the Performance stands out from the other variants due to its sporty looks. These looks come in the form of upgraded brakes (larger brake rotors, calipers, and performance brake pads), forged performance alloy wheels (21-inch), a carbon-fiber spoiler, performance pedals, and a premium sound system (13 speakers, 2 amplifiers, 1 subwoofer).
As for the best bang for your buck, you’ll be hard pressed to find as much fun as the 2023 Tesla Model Y Performance. If you do decide to go ahead and buy one, get it detailed, snag a few accessories, and you’ll be in business.
