The Truth: If you pay more than $44,973 for this used Tesla Model Y, you're overpaying. A private party sale would cost around $40,392 — and the out-the-door cost at a dealer is approximately $46,947.

Used Car Value Breakdown

Dealer Retail$44,973
Private Party$40,392
Trade-In Value$36,644
Original MSRP$51,990

Depreciation & Value

Total depreciation since new$18,196 (35%)
Projected loss over next year$4,679 (9%)
Value retention ratingGood

Mileage

Estimated mileage for this age20,000 miles
Average annual miles for this segment10,000 mi/year

Vehicles with above-average mileage should be priced lower; below-average mileage commands a premium.

Price Breakdown

Market Estimate · Updated May 4, 2026
MSRP$44,973
Invoice (Dealer Cost)$36,644
Average Paid$44,973
Typical Markup22.7%

What's a Good Deal?

Good DealBelow $42,275
Fair Deal$42,275$44,973
OverpayingAbove $47,671

Estimated Out-the-Door Price

$46,947

Includes average sale price + documentation fee ($175) + destination ($0) + estimated sales tax ($1,799)

Best time to buy: January typically sees the lowest prices.

Typical Fees to Watch

  • Documentation fee: $175
  • Destination charge: $0
  • Estimated sales tax: $1,799

Local Market Factors

  • Cost of living adjustment: +22% above national average
  • Dealer competition: Low (less room to negotiate)
  • Sales tax rate: 4.0%

Vehicle Overview

When to Buy

Current month (May) is rated above-average for buying.

Best months to buy: January, September, October, November, December

Negotiation Tips

  1. Get a pre-purchase inspection before buying any used car in New York — it costs $100–200 and can save you thousands.
  2. Always check the vehicle history report (Carfax or AutoCheck) for accidents, title issues, and service records.
  3. The trade-in value for this vehicle is approximately $36,644. Use this as your floor when negotiating.
  4. The private party price is around $40,392 — buying from a private seller typically saves 10–15% vs a dealer.
  5. Check for open recalls at nhtsa.gov — dealers must fix recalls for free regardless of where you bought the car.
  6. This model holds its value well — expect less room for negotiation, but also less depreciation after purchase.
  7. Budget approximately $1,799 for sales tax on top of the purchase price.

Frequently Asked Questions

What is a 2024 Tesla Model Y worth in New York?

Based on current market estimates, the dealer retail price for a 2024 Tesla Model Y in New York is approximately $44,973. The private party value is around $40,392, and the trade-in value is approximately $36,644.

How much has the 2024 Tesla Model Y depreciated?

The 2024 Tesla Model Y has depreciated approximately 35% from its original MSRP of $51,990. That’s a total loss of approximately $18,196. It will lose roughly $4,679 more over the next year.

What is the trade-in value for a 2024 Tesla Model Y?

The estimated trade-in value in New York is approximately $36,644. This is what a dealer would typically offer. You can usually get more selling private party (estimated $40,392).

Is a 2024 Tesla Model Y a good deal right now?

A good deal on a 2024 Tesla Model Y in New York is anything below $42,275. If you’re paying above $47,671, you’re likely overpaying. Check whether the vehicle has average mileage for its age — above-average mileage should bring the price down.

Should I buy from a dealer or private party?

Private party purchases typically save you $4,581 compared to a dealer in New York. However, dealers often include limited warranties and handle paperwork. Weigh the savings against the convenience and any included protection.