Yasss, we know y’all have been waiting for this – the true cost of ownership of the Tesla Model Y! We’ve done all the research for y’all and found out everything you need to know about owning this beauty.
First things first, let’s talk about the leasing program. Tesla is now offering the Model Y for only $499 per month, and let’s be real, who doesn’t love a good deal? This program includes a 10,000-mile-per-year limit and a 36-month term. So if you’re not looking to own your car for an extended period of time, this may be the perfect option for you.
Now, let’s get into the nitty-gritty of owning a car – insurance. We know it’s not always the most exciting topic, but trust us, it’s important! For the Model Y, you can expect to pay an average of $1,702 annually for insurance. However, if you opt to use Tesla’s own insurance program, you could save up to 30%.
True Cost of Ownership
Now, for the moment y’all have been waiting for – the true cost of ownership. According to our research, the average annual cost of owning a Tesla Model Y is approximately $10,632. This includes the cost of financing, insurance, maintenance, and charging.
Speaking of maintenance, let’s talk about what you can expect in terms of upkeep for your Model Y. The great news is that electric cars tend to require less maintenance than traditional gas cars. So, you can expect to save some extra coin in that department. However, it’s important to note that the Model Y still requires regular maintenance, such as tire rotations and brake pad replacements.
Now, let’s talk about everyone’s favorite topic – charging. The Model Y has a range of approximately 326 miles, which is more than enough for most daily commutes. However, charging times can vary depending on the type of charger you use. If you use a Level 1 charger, which is the standard outlet in your home, it could take up to 80 hours to fully charge. But, if you use a Level 3 charger, which is found at most public charging stations, you can get up to 80% charge in just 30 minutes. So, it’s important to plan accordingly and know where your nearest charging stations are.
Tips and Ideas
If you’ve made the decision to purchase a Tesla Model Y, congratulations! Here are a few tips and ideas to make the most out of your ownership:
- Consider installing a Level 2 charger in your home for faster charging times
- Join a local Tesla owners club to connect with other Tesla owners in your area
- Plan road trips accordingly and make sure to map out charging stations along the way
- Use Tesla’s own insurance program to save money on annual insurance costs
- Take advantage of federal and state tax credits for electric cars
Now that you’ve got all the information you need, here’s how to go about purchasing your very own Tesla Model Y:
- Head to the Tesla website and select the Model Y
- Customize your car to your liking
- Decide if you want to buy or lease your car
- Apply for financing
- Take delivery of your new Model Y and enjoy!
So, there you have it – everything you need to know about the true cost of ownership of the Tesla Model Y. We hope this information was helpful in making your decision and happy driving!
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