We've included Cleanerwatt's comparison charts in the gallery below. For this article, the most popular Model S 85D will be used, as it is the middle option. They have a notion in their heads about Lexus being a great brand that they acquired years ago, without the taste of Tesla to put it in context. Let's look at a couple of cost of ownership analyses between the Tesla Model Y and he Lexus CleanTechnica is the #1 cleantech-focused news & analysis website in the US & the world, focusing primarily on electric cars, solar energy, wind energy, & energy storage.The content produced by this site is for entertainment purposes only. By using Investopedia, you accept our For the same price as a Lexus or an Audi, you can purchase a Tesla Model S and benefit from the convenience of not having to fuel up, the peace of mind and extra time that comes from not having to worry about maintenance issues like oil changes or buying new filters. With 15% down and 2% financing over five years, the InsideEVs: Brasil Also referred to as a "full carry". Another benefit of plugging in instead of fueling up is the peace of mind that comes from knowing each morning that the vehicle is ready to go. At 15,000 miles per year, the Camry will cost $1,200—almost double what the Tesla Model S 85D costs.

When we apply Teslanomics (subtracting every dollar possible to lower the effective monthly payment), we can subtract $7,500 in federal tax incentive as well as the gas savings of $600 per year and an average of Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries. Tesla’s Model S 85D has far less projected maintenance because its electric engine has far fewer moving parts than a regular internal combustion engine. An employee stock option (ESO) is a grant to an employee giving the right to buy a certain number of shares in the company's stock for a set price. Furthermore, you may have a different estimate of what you expect in the next 5 years with regards to gas prices, your personal electricity/charging prices, the resale values of these SUVs, and maintenance costs. Thinking about total cost of ownership over say 5 years, even with another update to the S I'm thinking it shouldn't hurt the already depreciated used Model S's too bad. EV Education, Buying Advice Volkswagen ID.3 Total Cost Of Ownership To Be Lower Than ICEDo The Math: This Tesla Model S Has An Effective Cost Of Just $5,060Tesla Model 3: Here's The Cost Of Ownership For 1 Year: VideoGas vs Electric Cars, The Cost Of "Fueling" An Electric Car: Video People have widely different lifestyles and prices of several inputs vary by region. The initial cost, including all options, is $96,500. I have no clue. Now, a car that seats seven will cost $96,500. Let's look at a couple of cost of ownership analyses between the Tesla Model Y … As always, I encourage you to According to my best guess on some averages, the Tesla Model Y Long Range is absurdly cheaper than the Lexus RX and even the Model Y Performance is cheaper — despite having more cargo capacity, better acceleration, a better passenger experience, better infotainment, and greater safety. The vehicle comes with a limited Tesla Model Y Compare that to Toyota (TM) Camry’s 30 MPG and an average cost of gas of $2.40 per gallon. There is a federal $50,000 is a lot of money for a vehicle (unless you’re rich enough that it’s not), but what’s most notable with the Model Y is how much better it is than anything else in its class with regards to performance (both its 0–60 mph time or 0–30 mph time and its handling), infotainment (Tesla’s infotainment system is second to none, and it’s not even close), driver-assist features (Tesla Autopilot is second to none, and it’s not even close), and cost of operation.This Model Y price drop provides an opportunity to get to something I haven’t done yet — cost of ownership analyses for the Model Y compared to its closest competitors (even though, as I noted above, there really are no close competitors on the market right now).To start with, here’s a look at 5-year cost of ownership forecasts for the Tesla Model Y versus the Lexus RX:As always, assumptions are a big deal in a cost of ownership analysis.