EVGasCompare

Tesla Model 3 vs Ford Mustang Mach-E: Cost to Own (2026)

Standard Range RWD  ·  $40,240  vs  Select AWD  ·  $42,995

Tesla Model 3 has the lower 5-year total cost of ownership
$4,847 less over 5 years (depreciation + fuel + insurance + maintenance)
Purchase Price
Tesla Model 3 $40,240
Ford Mustang Mach-E $42,995
$2,755 difference
Annual Fuel Cost
Tesla Model 3 $483/yr
Ford Mustang Mach-E $623/yr
$140/yr difference
Range
Tesla Model 3 272 mi
Ford Mustang Mach-E 270 mi
DC Fast Charging
Tesla Model 3 170 kW
Ford Mustang Mach-E 150 kW
to 80% in 25 vs 40 min

5-Year Cost Comparison

Tesla Model 3 Ford Mustang Mach-E
Purchase price (MSRP) $40,240 $42,995
Depreciation (5 years) $16,901 $21,498
Fuel (5 years) $2,415 $3,115
Insurance (5 years) $11,000 $10,500
Maintenance (5 years) $2,750 $2,800
5-Year TCO $33,066 $37,913

TCO = depreciation + fuel + insurance + maintenance. Assumes 12,000 miles/year at 16.1¢/kWh. Excludes purchase price (same money either way).

Charging Comparison

Tesla Model 3 Ford Mustang Mach-E
Battery size 57.5 kWh 91.0 kWh
Efficiency 4.0 mi/kWh 3.1 mi/kWh
Cost per mile (home) 4.0¢ 5.2¢
Full charge cost (home) $9.26 $14.65
Level 2 charge time 6.4 hrs 6.9 hrs
DC fast charge peak 170 kW 150 kW
DC fast charge (0–80%) 25 min 40 min

Specs & Incentives

Tesla Model 3 Ford Mustang Mach-E
Range 272 mi 270 mi
Segment sedan suv
State incentive eligible Yes Yes
5-yr depreciation 42% 50%

State incentives vary by location. Federal $7,500 credit ended September 2025. Check your state's EV incentive program for current availability.

Related Comparisons