Tesla Model Y RWD: is This the Cheapest SUV to Drive in 2023?

will driving fast kill battery lifespan
Model Y | courtesy Tesla

Let’s set the stage: the Tesla Model Y RWD, a compact SUV that perfectly marries style, efficiency, and sustainability. The Model 3 RWD starts at about $39,990 – if you can get your hands on one, Tesla’s sold out for months.

According to EPA figures, the 2022 Model Y RWD has the record for the most fuel efficient SUV on the market today.

2023s longest Range electric SUVs chart
2023s longest Range electric SUVs chart

While there are plenty of reasons to marvel at this electric SUV, we’re here to dig into its yearly operating, maintenance, and fuel costs. This information is invaluable, especially when comparing the Model Y to other compact SUVs or considering it as a choice for young couples.

Fuel Economy

The Tesla Model Y RWD boasts impressive fuel efficiency – best of any SUV sold in 2023:

  • City MPGe: 140
  • Highway MPGe: 119
  • Combined MPGe: 129
Carwow on the Model Y 2022

Compared to the most fuel-efficient gas-only SUVs, the Model Y stands head and shoulders above. This electric marvel offers an overall range of 244 miles on a single charge, which makes it one of the longest range electric SUVs for sale now.

When it comes to cost, the average yearly fuel cost for the Model Y RWD is approximately $550. That’s significantly less than what you’d spend on gas for a gasoline-powered SUV!

Maintenance Costs

Maintenance is another area where Tesla shines. According to a report by Motor1, the average yearly maintenance cost for a Tesla vehicle is around $278.

This is relatively low compared to the average cost of ownership of an SUV, especially when you consider the peace of mind that comes with fewer moving parts in electric vehicles. It’s one of the many reasons why going electric can be easier on your budget.

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The Bottom Line

When you add up the fuel and maintenance costs, the yearly operating cost of the Tesla Model Y RWD comes out to be approximately $828 (your experience may vary). This is significantly less than many comparable SUVs on the market, making it an excellent choice for those seeking efficiency, sustainability, and style in their next vehicle.

Choosing a vehicle is about more than just numbers—it’s about finding a car that fits your lifestyle. With its impressive fuel economy, low maintenance costs, and the high-quality design and performance expected from Tesla, the Model Y RWD is a great choice. Whether you’re an eco-conscious couple, a city dweller, or simply someone who values cost efficiency, this electric SUV is worth considering.

Main image courtesy: Tesla