Compare EVs by 5-year cost to own
Pick any two electric vehicles and a state to see the full five-year cost to own side by side — depreciation, energy, insurance, maintenance, and fees. Every number comes from the same model the per-state calculators use.
Over 5 years in Texas, the Tesla Model 3 costs about $2,500 less to own than the Tesla Model Y.
Tesla Model Y
$50,600
5-yr cost to own · $10,110/yr
Tesla Model 3
$48,000
5-yr cost to own · $9,600/yr
| 5-year cost | Tesla Model Y | Tesla Model 3 |
|---|---|---|
| Depreciation (5 yr) | $26,094 | $24,219 |
| Energy (5 yr) | $3,917 | $3,498 |
| Insurance (5 yr) | $16,300 | $16,300 |
| Maintenance (5 yr) | $3,250 | $3,000 |
| Registration (5 yr) | $1,000 | $1,000 |
| Incentives | -$0 | -$0 |
| 5-year total | $50,561 | $48,017 |
Estimates using Texas average rates; depreciation, insurance, and incentives are estimates. Open a state page for the full calculator, every formula, and your utility’s time-of-use plan.
Popular EV comparisons
Full write-ups for each matchup in Texas (and every other state).