The Real Cost of Owning a Tesla Model Y

Let’s say you decide on a Tesla Model Y. The Model Y is a fully electric midsize SUV from Tesla. The Tesla Model Y offers a low corporate vehicle tax rate and a high resale value as an electric SUV. The average new car costs $1,750 a year to fuel, four times what this Tesla Model Y owner spent. According to the EPA, the Tesla Model Y saves $6,000 in fuel costs over five years.

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