Real price data
What should you pay for a 2024 Tesla Model S?
Original MSRP
$74,990
When new
Fair market price
$73,436
Mileage-adjusted
Below MSRP
$1,554
A fair used price
Where prices land
25th $67,525 · 75th $75,218 · MSRP $74,990
Spread of current 2024 Tesla Model S listings · 25th–75th percentile marked.
Negotiating leverage
20
out of 100
weak leverage
~18 days of national supply — limited negotiating leverage.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
18days of supply
Seller's marketThese sell quickly, so there's typically less room to negotiate — knowing the fair price is your best leverage.
National Market Day Supply — how long it would take to sell the current used 2024 Tesla Model S inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$68,991–$71,990
Estimated dealer invoice — about $74,990 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| Base | $68,391 | $74,990 | $68,991–$71,990 |
| Plaid | $83,814 | $89,990 | $82,791–$86,390 |
- Base
- $68,391
- Plaid
- $83,814
Fuel economy
127
MPG city
116
MPG highway
122
MPG combined
EPA-estimated fuel economy for a representative 2024 Tesla Model S configuration (Electricity).
Safety & recalls
6 open NHTSA recalls on record for the 2024 Tesla Model S.
SEAT BELTS:FRONT:WARNING LIGHT/DEVICES
Tesla, Inc. (Tesla) is recalling certain 2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles. In the event of an unbelted driver, the seat belt warning light and audible chime may not activate as intended. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, "Occupant Crash Protection."
Remedy: Tesla will release an over-the-air (OTA) software update. Owner notification letters were mailed July 26, 2024. Owners may contact Tesla customer service at 1-877-798-3752. Tesla's number for this recall is SB-24-00-008.
Campaign 24V376000 · 28/05/2024
LATCHES/LOCKS/LINKAGES:HOOD:LATCH
Tesla, Inc. (Tesla) is recalling certain 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y vehicles. The hood latch assembly may fail to detect an unlatched hood condition after the hood has been opened.
Remedy: Tesla has released an over-the-air (OTA) software update, free of charge. Owner notification letters were mailed September 24, 2024. Owners may contact Tesla customer service at 1-877-798-3752. Tesla's number for this recall is SB-24-00-012.
Campaign 24V554000 · 24/07/2024
AIR BAGS:FRONTAL:DRIVER SIDE:CUSHION
Tesla, Inc. (Tesla) is recalling certain 2021-2025 Model S and Model X vehicles. The driver's air bag could tear during deployment. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) numbers 208, "Occupant Crash Protection" and 212, "Windshield Mounting."
Remedy: Tesla service will replace the air bag assembly, free of charge. Owner notification letters were mailed February 21, 2025. Owners may contact Tesla customer service at 1-877-798-3752. Tesla's number for this recall is SB-24-20-001.
Campaign 24V967000 · 24/12/2024
BACK OVER PREVENTION:SOFTWARE
Tesla, Inc. (Tesla) is recalling certain 2024-2025 Model 3, Model S, 2023-2025 Model X, and Model Y vehicles. The computer circuit board may short, resulting in the loss of the rearview camera image. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 111, "Rear Visibility."
Remedy: Tesla released an over-the-air (OTA) software update, free of charge. Tesla will also identify any vehicles that experienced a circuit board failure, or stress that may lead to a circuit board failure, and replace the affected computers, free of charge. Owner notification letters were mailed March 7, 2025. Owners may contact Tesla customer service at 1-877-798-3752. Tesla's number for this recall is SB-25-00-001.
Campaign 25V002000 · 07/01/2025
AIR BAGS
Tesla, Inc. (Tesla) is recalling certain 2021-2024 Model S and 2021-2025 Model X vehicles. An air bag with the incorrect horn pad may have been installed, preventing the horn from sounding.
Remedy: Tesla service will inspect and install an air bag with the correct horn pad as necessary, free of charge. Owner notification letters were mailed May 20, 2025. Owners may contact Tesla customer service at 1-877-798-3752. Tesla's number for this recall is SB-25-20-001.
Campaign 25V172000 · 19/03/2025
STEERING: STEERING WHEEL/HANDLE BAR
Tesla, Inc. (Tesla) is recalling certain 2021-2024 Model S and Model X vehicles. An incorrect air bag may have been installed when the steering yoke or round steering wheel was replaced with a different style of yoke or steering wheel.
Remedy: Tesla Service will inspect and replace the driver air bag as necessary, free of charge. Owner notification letters were mailed January 2, 2024. Owners may contact Tesla customer service at 1-877-798-3752. Tesla's number for this recall is SB-23-20-005.
Campaign 23V743000 · 03/11/2023
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2024 Tesla Model S?
A fair, mileage-adjusted price is about $73,436, within a typical market range of $67,525 to $75,218.
Is the 2024 Tesla Model S cheaper than MSRP?
Yes — its original MSRP was about $74,990, so a fair used price is roughly $1,554 below MSRP.
Is now a good time to buy a 2024 Tesla Model S?
There are about 18 days of national market supply for the 2024 Tesla Model S — These sell quickly, so there's typically less room to negotiate — knowing the fair price is your best leverage.
How much can you negotiate on a 2024 Tesla Model S?
Negotiating leverage rates 20/100 (weak). ~18 days of national supply — limited negotiating leverage.
What does the dealer pay for a 2024 Tesla Model S?
The estimated dealer cost (invoice) is roughly $68,991–$71,990 — its $74,990 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/23/2026. Estimates only; your price depends on condition, options, and location.