How Much Gas Money You’ll Save Over 5 Years With The Tesla Model Y

How Much Gas Money You’ll Save Over 5 Years With The Tesla Model Y


The Tesla Model Y is one of the

most successful EV options
in the global market, and by a very noteworthy margin. The mid-size crossover represents one of the best combinations of versatility, performance, and efficiency with the bonus of starting at a very competitive starting price. The Model Y is available in the U.S. in three trims, starting with the base rear-wheel drive and Dual-Motor or Performance all-wheel drive. Tesla equips both drivetrains with a unique battery capacity for the sake of creating a balanced pricing strategy without compromising estimated range figures.

One of the most noteworthy benefits of

both short and long-term EV ownership
is the amount of cash you’ll save on gasoline. With the Model Y being one of the most efficient EV crossovers you can buy today, it benefits from some of the best cost-savings that you can enjoy in the new market. We’re referring to the example that you can purchase from Tesla’s American arm today, as the all-new Juniper update won’t be available to the market for a good few months.

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Tesla websites and other authoritative sources, including the EPA, Bureau of Labor Statistics, and Consumer Reports.

Model Overview

2024 Tesla Model Y

Dive into our comprehensive guide on the Tesla Model Y to make an informed decision on whether this is the EV crossover for you.

The Tesla Model Y Saves $5,000 In Fuel Costs Over Five Years

If you opt for a

2025 Tesla Model Y Long Range Rear-Wheel Drive
, you can expect to save up to $5,000 on gasoline over five years. These calculations are based on the EPA’s estimates that involve 15,000 miles of driving annually, with a mix of 55-percent city driving and 45-percent highway driving, and fuel costs at the current prices.

You can expect to pay $600 on electricity a year, which equates to a $1.01 cost to drive 25 miles. The Dual Motor saves $4,750, while the top-of-the-range Performance benefits from up to $4,250 worth of gasoline savings over five years. The base derivative model is the most frugal of the lot, with it returning an estimated 27 kWh per 100 miles on the EPA’s combined cycle. The Dual-Motor returns 29 kWh per 100 miles, while the Performance achieves a 32 kWh per 100 miles estimate.

Long Range Rear-Wheel Drive

Dual-Motor

Performance

MPGe (city/highway/combined)

134/117/125 MPGe

123/111/117 MPGe

110/97/104 MPGe

Combined Energy Consumption

27 kWh/100 Miles

29 kWh/100 Miles

32 kWh/100 Miles

Range

337 Miles

311 Miles

277 Miles

Gasoline Savings Over Five Years

$5,000

$4,750

$4,250

Annual Energy Cost

$600

$650

$750

Cost To Drive 25 Miles

$1.01

$1.08

$1.22

The 2025 Tesla Model Y Long Range Rear-Wheel Drive starts at $44,990 and features the brand’s 2170 79-kWh net lithium-ion battery pack. The $47,990 Dual-Motor Long-Range trim introduces a more powerful dual-motor all-wheel-drive system, while the Performance model sits at the top of the range with a more powerful set of dual motors, but the same battery at $51,490. Tesla sources all of its batteries from Panasonic, which has been its official battery supplier for well over a decade. It’s understood that no changes will be made to these batteries with the new-generation Juniper models.

The Tesla Model Y Takes 120 Hours To Charge

A gray 2024 Tesla Model Y small electric SUV is driving on the road.
Tesla 

2025 Tesla Model Y Range And Charging Times

Battery Capacity 79 kWh
Range 279-320 miles
Level 1 AC 110V Charging time (0-100%) 120 Hours
Level 2 AC 220V Charging time (0-100%) 11.5 Hours
Level 3 DC 440V Charging time (10-80%) 27 Minutes

The Long Range’s 79 kWh battery option increases the dual-motor Model Y’s range to 337 miles, while returning a 134/117/125 MPGe energy consumption estimate. The Performance derivative features the same battery, but with a lower 277-mile EPA-estimated range and 110/97/104 MPGe combined energy consumption estimate. This larger battery takes 120 hours to charge when using a Level One system, 11.5 hours via a Level Two plug, and 27 minutes when fast charging

via a DC Level Three system
.

Related


Why You Should Definitely Wait To Buy A Tesla Model Y

The Tesla Model Y is the world’s best-selling EV, but a new ‘Juniper’ refresh is on the horizon. Here’s why you should hold off buying one for now.

The Tesla Model Y Costs $82 To Charge

A red Tesla Model Y small electric SUV is parked.
Tesla 

The U.S. Bureau of Labor Statistics indicates that the average price of electricity in the U.S., across all states, is 17 cents per kWh. You’ll find the cheapest electricity in cities like St. Louis and Seattle, which charge around 13 cents per kWh. San Diego and San Francisco are quite a bit more costly, as residents have to spend as much as 42 cents per kWh. The 79 kWh battery costs $13.43 to recharge, based on the national average rate. You’ll likely only have to pay $10.27 to recharge it in the less expensive regions, while higher-rate cities will require you to fork out as much as $33.18 to fully recharge.

google news icon large

Google News

Add TopSpeed to your Google News feed.

Tesla Model Y Charging Costs

Long Range 79 kWh Battery
Low Rate States $10.27
High Rate States $33.18
DC Fast Charging $41-82

Tesla’s Supercharging
costs range between 50 cents and $1 per kWh across all stations. This depends on how congested the stations are, so at most, you’ll pay $58 to charge the base battery and $79 to charge the larger pack. Half these prices if you aim to recharge your Tesla Model Y during off-peak times. You can reduce these times by recharging during off-peak energy hours, which are typically between 11 PM and 6 AM.

Related


The Highest Mileage Tesla Model Y In The World

The Tesla Model Y is entering its fifth year of production, and things are going great. In fact, it’s following the Model 3’s lead in high mileage.

The Tesla Supercharging Network

White Tesla Model 3 Performance Charging at a Supercharger
Tesla

The

Tesla Supercharging network
is a noteworthy attraction for the brand’s new and returning customers. Every Tesla owner has access to a selection of 2,263 strategically placed locations. Tesla also pinpoints the network’s locations in its onboard navigation system or via its smartphone app. These chargers operate at 250 kW, but Tesla confirms it is working on increasing outputs to 300 kW, affording users even faster charging times in between stops.

Tesla also opens its

Supercharging network to other manufacturers
who are a bit late to the EV game and don’t yet have a comprehensive national charging network. For this reason, together with the brand’s immense market success, some of the more popular charging locations often struggle with user congestion. This leads to frustratingly long waiting times and more expensive charging costs.

Tesla’s Household Level Two Wall Connector

A static front shot of a white Tesla Model Y charging in a garage.
Tesla

When you purchase a

Tesla Model Y
, it does not come standard with a charging cable, but you can purchase one from the brand for $250. This cable is Level One and Level Two-compatible, and includes a

NEMA 5-15 and 15-50 adapter
, which lets you use it on different plug points. The cable also comes in a branded carry case, which fits in the front storage compartment.

Tesla also offers an effective Wall Connector for those wanting to

benefit from Level Two household charging
. This costs $450, but you will have to pay extra for installation, which will at most cost $2,000 in more expensive cities. The lowest you can expect to pay for installation is around $800. The Wall Connector comes with a 24-foot cable, which works effectively both inside and outside. You can also control and monitor the unit using the brand’s dedicated smartphone app.

The Tesla Model Y’s Attractive Drivetrain Configurations

Silver Tesla Model Y rear-quarter
Tesla

Tesla offers three state-of-tune options for the Model Y range. This starts with the base rear-wheel-drive derivative, producing 295 horsepower and 310 pound-feet, resulting in a claimed 6.6-second 0-60 MPH time and 135 MPH top speed. The mid-tier option is the all-wheel drive Long Range trim, applying a pair of motors to generate 384 horsepower and 376 pound-feet to all four wheels.

Performance Specifications

Long Range Dual Motor Performance
Powertrain Single Permanent-Magnet Motor Dual Permanent-Magnet Motors Dual Permanent-Magnet Motors
Transmission Single-Speed Automatic Single-Speed Automatic Single-Speed Automatic
Horsepower 295 HP 384 HP 456 HP
Torque 310 LB-FT 376 LB-FT 497 LB-FT
Driveline Rear-Wheel Drive All-Wheel Drive All-Wheel Drive
Battery 79 kWh Net 79 kWh Net 79 kWh Net
Range 320 Miles 310 Miles 279 Miles
Fast Charging Time 25 Minutes 27 Minutes 27 Minutes
Energy Consumption 28 kWh/100 Miles 28 kWh/100 Miles 32 kWh/100 Miles
0-60 MPH 6.6 Seconds 4.8 Seconds 3.5 Seconds
Top Speed 135 MPH 135 MPH 155 MPH

Tesla claims this model sprints from 0-60 MPH in 4.8 seconds. Its top speed is also limited to 135 MPH. Tesla’s flagship Model Y offering comes in the guise of the Performance derivative, which uses a more powerful configuration of the dual-motor system. This produces 456 horsepower and 497 pound-feet of torque, which is enough to get the crossover from 0-60 MPH in a mere claimed 3.5 seconds.

What You Need To Know About The Juniper’s Range And Consumption

Front 3/4 view of the 2025 Tesla Model Y
Tesla

There’s a lot of buzz and excitement surrounding the all-new

Tesla Model Y Juniper addition
, which will launch in the Chinese market sometime this March. It’ll then make its way to other key international markets before an official American introduction. Due to this, we can’t really say what you can expect in terms of efficiency and fuel cost savings. However, we do know that Tesla China quotes a 347-mile range claim for the rear-wheel drive model and 411-mile range for the dual-motor, which gives reason to suggest that the base derivative reintroduces Tesla’s smaller 62 kWh LFP battery
. It’s common knowledge that China’s efficiency testing standards are way less realistic than the EPA’s estimates.

Given that there are just subtle changes made to the vehicle’s design and drivetrain, we can assume that the entire range will be fractionally more efficient, which will result in improved gasoline savings over the course of five years. The Model Y is the most successful electric vehicle option in the U.S., and there’s a clear understanding that this update will only increase its market share in its domestic sector, with improved efficiency being one of the more noteworthy attractors.



Source link

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *