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True Cost To Own a Tesla Model Y
Real Cost of Ownership Calculation
It’s hard to know exactly what the true cost of ownership is for a Tesla Model Y.
The sticker prices for these vehicles change dynamically, and there are also a handful of government & license fees that you need to consider. And beyond just the purchase price, you also need to factor in the total electricity cost of charging, as well as the maintenance cost of your Tesla vehicle, to get to a real figure.
So, to get to a true Tesla Model Y cost of ownership, I’ve constructed this quick and simple spreadsheet that calculates the most common cost line items that I could think of — that would be involved in the purchase and maintenance of a new Tesla Model Y (or any Tesla for that matter) — over a duration of 10 years of ownership.
In this article, I’ll go over all of the components of this worksheet, in full detail — to show you what a realistic cost of ownership would look like for a 2023 Tesla Model Y.