True Cost To Own a Tesla Model Y

Real Cost of Ownership Calculation

Daniel's Brew
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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.

Credit: Colton Kresser

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.

DB Tesla Calculator Spreadsheet

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.

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Daniel's Brew
Money Clip

Digital Marketing Executive, Career Mentor, Personal Finance Advocate, Tech Enthusiast. 18 yrs corporate experience in Fortune 500. https://danielsbrew.com