CheckPre

Tesla Model Y vs Honda CR-V Cost of Ownership

Tesla Model Y against Honda CR-V Hybrid: what each costs to buy, run and sell over 7 years on your state's energy prices.

Updated · By Niraj Kumar · 6 sources

The cars

$

Standard RWD starting price. Replace it with your quote.

$

Sport Hybrid FWD, 40 mpg combined.

Where and how you charge

%
0%100%

The rest is public fast charging. Most owners with a driveway charge 80-90% at home.

¢/kWh

California residential average (EIA). Enter the all-in rate from your bill to override.

¢/kWh

Driving

years
1 yr10 yrs
$per gallon

California average for regular (AAA).

Fine-tune

%
0%10%
%
0%10%
%
0%8%

About 2% is typical; the loss slows after that. Hot climates and frequent fast charging push it up.

$

The federal credit ended for cars bought after 30 September 2025.

$

Set to 0 if you already have one or will use a standard outlet.

$
$

Assumed full coverage; replace both with quotes.

How you payHow you pay
Over 7 yearsGas saves $3,365The EV does not catch up within 7 years

The Tesla Model Y costs 9.9¢ a mile to charge, against 15.5¢ a mile in gas for the Honda CR-V.

Tesla Model Y, total cost
$62,410
74.3¢ a mile, all in
Honda CR-V, total cost
$59,045
70.3¢ a mile, all in
EV price premium repaid
6.9 years
from running savings, before resale
Battery at the end
92%
about 296 of 321 miles of range
CO₂ avoided
10.2 tonnes
at the US grid average
Cost of ownership if sold at the end of each yearTesla Model YHonda CR-V
$0$20 K$40 K$60 K$80 K$62.41 K$59.05 K1234567
Cash saved by choosing the EV, before resaleStill to recoverAhead
$-5 K$-4 K$-3 K$-2 K$-1 K$0$1 KPayback, year 6.901234567
Where the money goes over 7 years
CostTesla Model YHonda CR-V
Purchase less resale$30,705$22,630
Charging or gas$9,018$13,805
Maintenance$5,040$7,560
Insurance$16,800$15,050
EV registration fees$847$0
Total$62,410$59,045
Year-by-year costs and battery healthShow
YearChargingGasBatteryRangeEV cost to dateGas car cost to date
1$1,182$1,85798%313 mi$18,332$13,997
2$1,219$1,89496%310 mi$27,591$22,459
3$1,253$1,93295%306 mi$35,684$30,216
4$1,288$1,97195%304 mi$43,012$37,642
5$1,323$2,01094%301 mi$49,575$44,736
6$1,359$2,05093%298 mi$56,174$51,870
7$1,395$2,09192%296 mi$62,410$59,045

How the Tesla Model Y vs Honda CR-V Cost of Ownership works

TCO = Price × (1 + tax) − rebates + charger + Σ₍y₎ [energy₍y₎ + maintenance + insurance + fees] + interest − resale₍N₎

This page uses the same method as the EV vs Gas Total Cost of Ownership Calculator, which explains each term and assumption in full.

Worked example

A Tesla Model Y Standard RWD ($39,990) against a Honda CR-V Sport Hybrid FWD ($37,080) in California, driven 12,000 miles a year for 7 years, paid in cash, charging 80% at home.

  1. 1Home electricity costs about 33.6¢ a kWh; with 20% fast charging at 48.0¢ the blend is 36.5¢
  2. 2At 27 kWh/100 mi the Tesla Model Y costs 9.9¢ a mile; at 40 mpg and $6.19 a gallon the Honda CR-V costs 15.5¢ a mile
  3. 3Buying costs $45,101 for the EV with tax and a home charger, against $40,428
  4. 4After 7 years the battery keeps about 92% of its capacity, and the cars would sell for about $14,396 and $17,798

Over 7 years the Tesla Model Y costs $62,410 to own and the Honda CR-V $59,045, so the gas car comes out $3,365 cheaper at these assumptions.

Frequently asked questions

Is the Tesla Model Y cheaper to own than the Honda CR-V?

At California prices and 12,000 miles a year, the Tesla Model Y costs about 9.9¢ a mile to charge and the Honda CR-V 15.5¢ a mile in gas; its running savings repay the higher price in about 6.9 years. Counting depreciation, the Honda CR-V comes out about $3,365 cheaper to own over 7 years. Cheaper home electricity, more miles, a rebate or a lower price than list all move the result, so try your own figures.

How close are the Model Y and CR-V Hybrid on price?

The CR-V Sport Hybrid starts at $37,080 and the Model Y Standard at $39,990, a gap of under $3,000 before tax. That is small enough for the Model Y's lower running costs to repay it within a few years for most drivers who charge at home.

How much more does the Tesla Model Y cost upfront than the Honda CR-V?

Paid in cash in California, the Tesla Model Y Standard RWD costs $45,101 on day one with sales tax and a home charger, against $40,428 for the Honda CR-V Sport Hybrid FWD, $4,673 more. Charging then costs about $1,182 a year against $1,857 in gas at 12,000 miles, a difference of $675 a year before maintenance and insurance.

Sources

Related calculators

More in Energy, Solar & EV