Used 2024 Tesla Model Y for Sale nearMarkham, ON

How much does the 2024 Tesla Model Y cost?

Prices have softened 6.64% compared to this time last year, making it a favourable time to shop this model year.

There are 144 listings available, which suggests a reasonable amount of inventory to compare.

Is the 2024 Tesla Model Y a good car?

Generally — the 2024 Tesla Model Y earns a 4.33/5 user rating, which points to strong owner approval for a compact luxury crossover that blends EV practicality with Tesla’s distinctive packaging and controls. The Model Y’s appeal comes from its generous standard equipment, spacious cargo area, rear hatch, front trunk, and long-range capability, while its firm ride and touchscreen-heavy interface make it a more unconventional choice. For you, that means it suits buyers who value space, range, and tech-forward design more than traditional controls and a softer ride. The market also shows 27.1% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2024 Tesla Model Y reliable?

Owners rate it 4.33/5, a solid signal of long-term satisfaction.

The 2024 Model Y’s reliability picture is tied to its straightforward EV packaging, generous standard equipment, and the fact that it avoids many of the moving parts found in gas-powered crossovers. Its strengths are practical ones: strong range, useful cargo space, and a design that prioritises efficiency and everyday usability. For used buyers, the main long-term ownership risk is less about mechanical complexity and more about making sure the vehicle’s condition, software behaviour, and battery-related performance still align with your expectations.

Is now a good time to buy a used 2024 Tesla Model Y?

This is a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile listings.

• Deal availability: 27.1% of listings are priced as good or great deals.
• Inventory: There are 144 listings available.
• Price trend: Prices have softened 6.64% compared with last year.

If you find a listing below $44,986 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Tesla Model Y's resale value?

The current average of $48,328 CAD sits slightly below last year's $51,766 CAD.

That softer pricing can work in your favour if you buy now, but it also means future resale gains may be more measured unless market demand strengthens. For a seller, the current trend suggests you should expect a competitive used market rather than a sharp appreciation story. The Model Y’s broad appeal as a practical EV crossover should still help support demand, especially if your vehicle is well kept and priced realistically.

Vehicles with solid owner satisfaction ratings, like this model year's 4.33/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Tesla Model Y or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 27.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.64% compared with last year.
• Owners rate it 4.33/5 — a solid satisfaction signal.

The bottom line: You should lean toward the 2024 if you want the latest version in this year-specific comparison and you value the Model Y’s mix of range, space, and standard equipment. If you’re more price-sensitive, a nearby model year may be worth considering, especially if you can find a cleaner example or a lower asking price that better fits your budget.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.