The next section talks all about the autopilot and the optional full self driving capability - which is an $8,000 dollar add on. Now the Model Y comes standard with 5 seats, but in the future, there will be an option for a 7 seat configuration, which would cost you $3,000 extra at that time. In the interior section, you have your choice of black which is included in the price or an upgrade of white for a $1,000. For our purposes, let’s leave everything at the base selection. The base exterior color is included in the price, but if you wanted to change that, you would pay either one or two thousand dollars extra - depending on the color.Īnd since this is the long range model with the base 19″ wheels, if you wanted to upgrade to the 20″ performance wheels, you could do so for an extra $2,000. Next you have a few upgrade options to choose from. Process of buying a Tesla Model Y Order screen 1įirst, when you hit the custom order button for the Model Y, the site takes you to a very streamlined configurator experience where you first decide if you want the long range version or the performance version.Īs the name suggests, the long range version will give you a longer mileage range with a slight reduction in power and speed - while the performance version adds an extra $10k to the base price and is all about speed and sporty feel, with a lowered suspension, performance wheels and brakes and a faster 0–60 speed. Let’s walk through this process together. They make it almost too simple to buy the vehicle. If you’ve never purchased a car this way, it’s actually quite an interesting experience to buy a car in the same manner as you would, say a computer from. Tesla has no direct dealerships, only showrooms that serve as learning and marketing hubs for the customers, and all purchase transactions are done online - via their website. Now, the purchase process for a Tesla is very simple and straight forward. As of October 2020, the Model S starts at a base price of $69,420 for the long range version, the Model X starts at $79,990, the Model 3 is the most economical at $37,990 and the Model Y begins at a $49,990 price point. To begin explaining the cost of a Tesla Model Y, let’s start off with the seamless purchase process and the initial purchase price of the vehicle, including the costs of the options at the point of sale.Īs premium electric vehicles, Teslas in general, are in the luxury category with price points that are commensurate. In this article I’m going to break down the true cost of the Tesla Model Y and show you how it compares financially to other models in its class. So if you’re in market for a new compact SUV or crossover vehicle, and you’ve been especially interested in purchasing a Tesla Model Y - you’re in the right place. In fact, during the company’s first-quarter 2020 earnings call, CEO Elon Musk declared that they were “confident this product will be our best-selling product ever,” as Tesla entered the mid-size cross over segment with this car - the most popular automotive category in the US, making up over 40% of all vehicles sold in the country. This new model, which debuted in the spring of 2020 is expected to become one of Tesla’s best sellers. It has seating for up to 5 adults (upgradable to 7 - in the near future) and more cargo space than a BMW X3 and the Mercedes GLC. This sporty entry into the midsize crossover category is an all electric, dual motor, all wheel drive vehicle with an estimated range of 326 miles for the long range version that can go 0–60 miles per hour, as fast as 3.5 seconds, in the performance version. Depending on where you live, you might see as many as one out of every 6 cars on the road bearing the Tesla emblem.Īnd this is their newest release - The Tesla Model Y. It used to be that electric vehicles were somewhat of a rare luxury item - that only the rich upper class or the avid tech enthusiasts could afford.īut now in 2021, electric vehicles (and Tesla vehicles in particular) are becoming more and more affordable and more and more ubiquitous. I’ll be covering these five topics below that explain in full detail the costs of owning the Tesla Model Y:īut first, let’s have an overview of the Tesla Model Y and it’s many features. The true cost of the Tesla Model Y is important to know when it comes to purchasing and owning this vehicle. All about the true cost of the Tesla Model Y including the purchase cost with options, accessories, charging costs, maintenance costs & more!
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