EV True Cost

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

Electricity & gas updated · Vermont averages (estimates)

Over five years in Vermont, the 2026 Tesla Model Y costs about $40,664 to own versus $35,243 for the Chevrolet Equinox EV — a gap of roughly $5,400 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 Vermont's average electricity rate here — open either model's Vermont page for the full calculator and your utility's time-of-use plan.

Over 5 years in Vermont, the Chevrolet Equinox EV costs about $5,400 less to own.

Tesla Model Y

$40,700

5-yr cost to own · $8,130/yr

Chevrolet Equinox EV

$35,200

5-yr cost to own · $7,050/yr

5-year cost breakdown

5-year cost Tesla Model Y Chevrolet Equinox EV
Depreciation (5 yr) $26,094 $20,997
Energy (5 yr) $4,925 $5,101
Insurance (5 yr) $8,450 $8,450
Maintenance (5 yr) $3,250 $2,750
Registration (5 yr) $445 $445
Incentives − $2,500 − $2,500
5-year total cost to own $40,664 $35,243

Frequently asked questions

Is the Model Y or the Equinox EV cheaper to own in Vermont?
Over five years the Chevrolet Equinox EV is cheaper — about $35,243 versus $40,664 for the Model Y, a difference of roughly $5,400 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 $985 vs $1,020 at Vermont 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

Other comparisons in Vermont