Pricing
Tesla has grown the Model Y line-up since launch to incorporate an entry-level model. Simply badged Model Y, it's available from £46,990 if you go for the single motor Rear Wheel Drive (the price- and range of this entry-level model has gone up as of October 2024). Further up the range, you'll be paying £52,990 to get into a Model Y Long Range, while the searing Performance version is offered from £59,990.
Interestingly, if you opt for a monthly PCP deal, the Model Y can actually work out cheaper on a month to month basis than the Model 3 saloon, likely owing to its greater residual values. You can get the Model Y from £349 per month, even with a very reasonable deposit, although obviously the mileage and length of agreement affects costs.
White is the only standard colour with all others costing £1,100 (or £2,100 for the multicoat red) while the self-driving tech is £6,800. A tow bar is available for £1,090.
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Running Costs
If you’re swapping from a petrol or a diesel into a Tesla Model Y, then you will be surprised at how little it costs to look after a Tesla. With fewer moving parts, servicing and maintenance costs are considerably cheaper on the whole, and while Tesla doesn’t publish serving costs a three year/36,000-mile service plan should be around the £500 mark when the Model Y eventually arrives in the UK.
Home charging will depend on an assortment of factors but as a rough guide we’d expect the Long Range, plugged into a 7kW wallbox, to cost around £20. On-street charging will be more expensive but you’ll likely be using Tesla Superchargers, and at 24p per kWh they’re reasonably priced.
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