EV True Cost

Tesla Model Y vs Chevrolet Equinox EV: cost to own in Delaware

Electricity & gas updated · Delaware averages (estimates)

Over five years in Delaware, the 2026 Tesla Model Y costs about $51,805 to own versus $46,344 for the Chevrolet Equinox EV — a gap of roughly $5,500 in the Chevrolet Equinox EV's favor. The biggest swing is depreciation ($26,094 vs $20,997); on energy, the Model Y is rated 28 kWh/100mi against the Equinox EV's 29. Both use Delaware's average electricity rate here — open either model's Delaware page for the full calculator and your utility's time-of-use plan.

Over 5 years in Delaware, the Chevrolet Equinox EV costs about $5,500 less to own.

Tesla Model Y

$51,800

5-yr cost to own · $10,360/yr

Chevrolet Equinox EV

$46,300

5-yr cost to own · $9,270/yr

5-year cost breakdown

5-year cost Tesla Model Y Chevrolet Equinox EV
Depreciation (5 yr) $26,094 $20,997
Energy (5 yr) $3,811 $3,947
Insurance (5 yr) $19,950 $19,950
Maintenance (5 yr) $3,250 $2,750
Registration (5 yr) $200 $200
Incentives − $1,500 − $1,500
5-year total cost to own $51,805 $46,344

Frequently asked questions

Is the Model Y or the Equinox EV cheaper to own in Delaware?
Over five years the Chevrolet Equinox EV is cheaper — about $46,344 versus $51,805 for the Model Y, a difference of roughly $5,500 once depreciation, energy, insurance, maintenance, and fees are counted.
Which is more efficient, the Model Y or the Equinox EV?
The Model Y is rated 28 kWh/100mi and the Equinox EV 29 kWh/100mi (lower is better), so annual charging runs about $762 vs $789 at Delaware rates.
How accurate is this Model Y vs Equinox EV comparison?
Electricity prices come from EIA data refreshed monthly; depreciation, insurance, and incentives are estimates you can edit on each model's state page. Treat it as a ballpark for comparison, not a quote.

Model Y vs Equinox EV in other states

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