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Used 2020 Tesla Model Y Cost to Own

Total 5-Year Ownership Costs

Model Y SUV

Long Range 4dr SUV AWD (electric DD)

True Cost to Own

$45,882*

Total Cash Price

$25,999

Long Range 4dr SUV w/Prod. End 04/20 (electric DD)

True Cost to Own

$43,741*

Total Cash Price

$24,099

Performance 4dr SUV AWD (electric DD)

True Cost to Own

$46,305*

Total Cash Price

$25,117

This car may qualify for a Federal EV Tax Credit. See 2020 Tesla Model Y Incentives
Ownership Costs: 5-Year Total

Depreciation

$15,176

Taxes & Fees

$1,862

Financing

$4,560

Fuel

$3,339

Insurance

$10,539

Repairs

$7,194

Maintenance

$3,212

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Model Y SUV Long Range 4dr SUV AWD (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,985$2,045$2,106$2,169$2,234$10,539
Maintenance$163$192$169$1,760$928$3,212
Repairs$1,251$1,341$1,432$1,531$1,639$7,194
Taxes & Fees$1,618$61$61$61$61$1,862
Financing$1,562$1,261$936$588$213$4,560
Depreciation$5,230$3,447$2,717$2,209$1,573$15,176
Fuel$629$648$667$687$708$3,339
True Cost to Own®$12,438$8,995$8,088$9,005$7,356$45,882
Selected Model:

2020 Model Y SUV Long Range 4dr SUV w/Prod. End 04/20 (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,985$2,045$2,106$2,169$2,234$10,539
Maintenance$163$192$169$1,760$928$3,212
Repairs$1,177$1,260$1,349$1,444$1,542$6,772
Taxes & Fees$1,506$61$61$61$61$1,750
Financing$1,448$1,168$868$545$198$4,227
Depreciation$4,679$3,198$2,519$2,048$1,458$13,902
Fuel$629$648$667$687$708$3,339
True Cost to Own®$11,587$8,572$7,739$8,714$7,129$43,741
Selected Model:

2020 Model Y SUV Performance 4dr SUV AWD (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,985$2,045$2,106$2,169$2,234$10,539
Maintenance$163$192$169$1,654$928$3,106
Repairs$1,251$1,341$1,432$1,531$1,639$7,194
Taxes & Fees$1,566$61$61$61$61$1,810
Financing$1,509$1,218$904$568$206$4,405
Depreciation$5,282$3,685$2,904$2,361$1,680$15,912
Fuel$629$648$667$687$708$3,339
True Cost to Own®$12,385$9,190$8,243$9,031$7,456$46,305
Ownership costs do not include any Federal EV Tax Credits. See 2020 Tesla Model Y Incentives

*Based on a 5-year estimate with 15,000 miles driven per year.

Shop nowLearn about the 2020 Model Y 

True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.