AutoPrisme

UK running cost · free calculator

How much does a Tesla Model Y cost per month?

The Model Y adds SUV space to an electric drivetrain, but its larger purchase price and tyres can materially change the monthly result. Test it with your charging price and mileage.

Current Model YRear-Wheel DriveUpdated 6 November 2026

Your editable estimate

What would this Model Y cost you?

Your vehicle and use
Purchase and future value
Energy and recurring costs

Estimated economic cost

£656/month
Per year£7,877
Per mile£0.79
Running cost excluding depreciation£273/month

Where does the budget go?

monthly average
Estimated depreciation£383
Insurance£112
Electricity£52
Tyres£40
Servicing£27
Repair reserve£27
Road tax allowance£16
First AutoPrisme checkEstimated depreciation is the largest cost in this scenario.

A £0.05 increase per kWh would add approximately £9.54 per month at 10,000 miles per year.

Build a cash-flow budget →

Mileage comparison

How annual mileage changes the estimate

The price, resale value and fixed costs stay unchanged. Only annual mileage and energy use change in this quick comparison.

6,000 miles/year£636/month£1.27/mile
10,000 miles/year£656/month£0.79/mile
15,000 miles/year£682/month£0.55/mile
20,000 miles/year£708/month£0.42/mile

AutoPrisme method

A complete economic cost, not only fuel

The calculator combines estimated value loss, petrol or electricity, insurance, parking and yearly allowances for servicing, repairs, tyres and road tax. Irregular bills are divided by twelve to make them comparable.

Formuladepreciation + energy + insurance + servicing + repairs + tyres + tax

Finance capital is not added on top of depreciation, which would count the car's value twice. Use the separate loan or PCP/HP calculator to examine interest and monthly cash flow.

Why this page is useful

What the calculation exposes

  • Family-EV cost benchmark
  • Charging price fully editable
  • Shows purchase-price depreciation beside energy savings

Check before deciding

The most sensitive assumptions

  • Public rapid charging can materially change the energy line
  • Wheel size affects efficiency and tyre cost
  • Check road-tax treatment for the exact registration date and list price

Usage profile

Who is the Tesla Model Y for?

A low monthly estimate is not enough. Check whether the format, journeys and ownership constraints suit your life.

Good fit

This car may suit you if…

  • Families with home charging
  • Higher annual mileage
  • Drivers needing a large boot
Compare first

Look at other models if…

  • You rarely drive long distances
  • You cannot charge at home
  • A smaller EV would meet your needs

Data and transparency

Where does the starting efficiency figure come from?

Tesla lists 14.2 kWh/100 km official consumption for the Rear-Wheel Drive example. AutoPrisme converts this to approximately 22.9 kWh/100 miles.

Tesla UK — Model Y specifications

All other amounts are editable editorial examples. They are not a valuation, insurance quote, tax calculation or prediction of repairs or resale value.

Build a separate monthly cash budget

Frequently asked questions

Tesla Model Y running costs

How much does a Tesla Model Y cost per month?

There is no single monthly figure. The result depends on the price paid, future resale value, mileage, insurance and maintenance. Change every input to match the exact vehicle and your circumstances.

What efficiency should I use for a Model Y?

The pre-filled figure is tied to the Rear-Wheel Drive example and is only a starting point. Replace it with the official figure for your version or your own measured consumption.

Does the calculation include car finance?

No. This model page uses depreciation to represent the vehicle's economic cost and avoids adding the financed capital twice. Use the separate loan, PCP or HP tools to examine cash flow and interest.

Turn the number into a decision

What should you check next?

Check affordability, build the cash budget and then compare the finance structure using the same purchase price.

One model, every important cost

Replace the example with written quotes.

Use the exact purchase price, insurance quote, tax, mileage and expected servicing before making a final decision.

Return to calculator