Tesla Model Y Ownership Cost Calculator 2026
Pre-filled with real Tesla Model Y specs. Estimate your Tesla Model Y 5-year cost of ownership — depreciation, electricity, insurance, maintenance, loan, and residual value — then compare against same-class rivals side by side.
Year-by-Year Cost Breakdown — Tesla Model Y
| Year | Start Value | Depreciation | Electricity | Insurance | Maint. | Reg | Loan Pmt | Yr Out-of-Pkt | Cumulative | End Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $49,500 | −$10,890 | $806 | $2,200 | $500 | $150 | $10,085 | $13,741 | $23,641 | $38,610 |
| 2 | $38,610 | −$6,930 | $806 | $2,200 | $500 | $150 | $10,085 | $13,741 | $37,382 | $31,680 |
| 3 | $31,680 | −$5,445 | $806 | $2,200 | $500 | $150 | $10,085 | $13,741 | $51,124 | $26,235 |
| 4 | $26,235 | −$4,455 | $806 | $2,200 | $500 | $150 | $10,085 | $13,741 | $64,865 | $21,780 |
| 5 | $21,780 | −$3,465 | $806 | $2,200 | $500 | $150 | $10,085 | $13,741 | $78,606 | $18,315 |
| 5-yr total | — | −$31,185 | $4,032 | $11,000 | $2,500 | $750 | $50,424 | $78,606 | — | $18,315 |
Energy use derived from EPA 26 MPGe. Depreciation uses a ev segment-average retention curve (editable). Figures are estimates for planning, not a quote.
Tesla Model Y — Base Parameters
Dimensions
- Length187 in
- Width75.6 in
- Height64 in
- Wheelbase113.8 in
Tesla spec, 2024 Model Y
Powertrain
- EngineDual Motor AWD
- DrivetrainAWD
- Fuelev
- Market years2020-2024
EPA Efficiency
- MPGe (comb)26
- kWh / 100 mi42
- Source year2022
Trims & MSRP
- Base (entry trim)$44,000
- Popular (mid trim)$49,500
- Top (fully loaded)$55,000
Same-Segment Cost Comparison
Every model below is modeled with identical assumptions (Popular trim, 20% down, 5-year loan at the national average new-car APR, 12,000 miles/year, national average tax & insurance). This apples-to-apples view is exclusive to VehCalc — manufacturer sites and KBB do not show it side by side.
| Model | Popular MSRP | 5-Yr Cost to Own | Avg / Year | Residual (5 yr) | Cost / Mile |
|---|---|---|---|---|---|
| Tesla Model Y (this car) | $49,500 | $60,291 | $12,058 | $18,315 | $1.00 |
| Nissan Ariya | $49,500 | $60,291 | $12,058 | $18,315 | $1.00 |
| Hyundai Ioniq 5 | $49,500 | $60,291 | $12,058 | $18,315 | $1.00 |
| Kia EV6 | $49,500 | $60,291 | $12,058 | $18,315 | $1.00 |
| Audi Q4 e-tron | $50,000 | $60,715 | $12,143 | $18,500 | $1.01 |
Tesla Model Y — Common Ownership Questions
What is the Tesla Model Y 5-year cost of ownership in 2026?
Based on a Popular-trim purchase at $49,500 with a 20% down payment, a 5-year loan at the national average new-car APR, 12,000 miles per year, and national average tax and insurance, the estimated 5-year cost of ownership is $60,291 — about $12,058 per year — with an estimated $18,315 residual value after 5 years. Use the calculator above to tailor it to your state, down payment, and mileage.
How much does a Tesla Model Y depreciate each year?
The Model Y sits in the ev segment. Applying a segment-average retention curve, it is estimated to keep roughly 78% of its value after the first year and 37% after five years. Depreciation is typically the single largest ownership cost, which is why our calculator shows it year by year alongside every other expense.
What is the Tesla Model Y MSRP and which trims are available?
The Model Y ranges from $44,000 (Base (entry trim)) to $55,000 (Top (fully loaded)). Trims shown: Base (entry trim) ($44,000); Popular (mid trim) ($49,500); Top (fully loaded) ($55,000). Select a trim in the calculator to recompute costs instantly.
Is the Tesla Model Y eligible for a federal or state EV tax credit in 2026?
The federal clean-vehicle tax credit ended September 30, 2025, so new EVs no longer qualify at the point of sale in 2026. Some states and local utilities still offer rebates — check your state's page for current incentives. The Model Y's lower energy and maintenance costs help offset the lost federal credit.
What are the Tesla Model Y energy costs?
The Model Y is EPA-rated at 26 MPGe, about 42 kWh per 100 miles. At the 2026 U.S. average of $0.16/kWh that is roughly $4,032 in electricity over 5 years (12,000 miles/year). EVs also skip oil changes, lowering maintenance.
How do Tesla Model Y ownership costs compare with rivals?
See the side-by-side comparison table on this page. We model the Model Y against Nissan Ariya, Hyundai Ioniq 5, Kia EV6, Audi Q4 e-tron using identical assumptions — same annual miles, down payment, and loan terms — so the difference is truly apples-to-apples. That is data the manufacturer's site and KBB do not show side by side.