Tesla Model Y vs Chevy Equinox EV: Cost to Own (2026)
Long Range AWD · $43,990 vs 1LT AWD · $34,995
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Chevy Equinox EV has the lower 5-year total cost of ownership
$4,888 less over 5 years (depreciation + fuel + insurance + maintenance)
Your Numbers
Electricity rates range from 10¢ to 44¢/kWh depending on where you live. Pick your state.
Tesla Model Y fuel/yr
$508
Chevy Equinox EV fuel/yr
$552
Difference/yr
$44
5-yr fuel gap
$220
Using national average: 16.1¢/kWh
Purchase Price
Tesla Model Y
$43,990
Chevy Equinox EV
$34,995
$8,995 difference
Annual Fuel Cost
Tesla Model Y
$508/yr
Chevy Equinox EV
$552/yr
$44/yr difference
Range
Tesla Model Y
320 mi
Chevy Equinox EV
280 mi
DC Fast Charging
Tesla Model Y
250 kW
Chevy Equinox EV
150 kW
to 80% in 20 vs 38 min
5-Year Cost Comparison
| Tesla Model Y | Chevy Equinox EV | |
|---|---|---|
| Purchase price (MSRP) | $43,990 | $34,995 |
| Depreciation (5 years) | $19,356 | $16,798 |
| Fuel (5 years) | $2,540 | $2,760 |
| Insurance (5 years) | $11,750 | $9,500 |
| Maintenance (5 years) | $2,900 | $2,600 |
| 5-Year TCO | $36,546 | $31,658 |
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 Y | Chevy Equinox EV | |
|---|---|---|
| Battery size | 75.0 kWh | 82.0 kWh |
| Efficiency | 3.8 mi/kWh | 3.5 mi/kWh |
| Cost per mile (home) | 4.2¢ | 4.6¢ |
| Full charge cost (home) | $12.08 | $13.2 |
| Level 2 charge time | 5.2 hrs | 5.7 hrs |
| DC fast charge peak | 250 kW | 150 kW |
| DC fast charge (0–80%) | 20 min | 38 min |
Specs & Incentives
| Tesla Model Y | Chevy Equinox EV | |
|---|---|---|
| Range | 320 mi | 280 mi |
| Segment | suv | suv |
| State incentive eligible | Yes | Yes |
| 5-yr depreciation | 44% | 48% |
State incentives vary by location. Federal $7,500 credit ended September 2025. Check your state's EV incentive program for current availability.
Related Comparisons
Full cost breakdowns for each model: Tesla Model Y cost details → · Chevy Equinox EV cost details →
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