Tesla Model Y Costs in the UK
The Tesla Model Y is a compact electric SUV that combines the practicality of an SUV with Tesla's cutting-edge technology and impressive performance. As one of Tesla's most popular models, the Model Y offers spacious interiors, excellent range, and the convenience of electric driving.
💡 Understanding the costs involved in owning a Tesla Model Y, including purchase prices, running costs, and available options, can help you determine if this electric SUV is the right choice for your needs and budget.
How Much is a Tesla Model Y in the UK?
Tesla Model Y Long Range: £54,990 for the standard Long Range variant with all-wheel drive.
Tesla Model Y Performance: £64,990 for the high-performance variant with enhanced acceleration and handling.
Used Tesla Model Y: £40,000 to £55,000 for pre-owned models, depending on age, mileage, and condition.
For example, a new Tesla Model Y Long Range is available from £54,990 at Tesla showrooms across the UK, including the Tesla Store in London's Westfield. The Performance variant costs £64,990 and offers 0-60mph acceleration in 3.5 seconds. Optional features like Full Self-Driving capability add around £6,800 to the price.
Factors that Affect the Cost of Tesla Model Y in the UK
🚗 Variant and Performance
The Model Y is available in two main variants: Long Range and Performance. The Long Range variant offers excellent range (around 330 miles) and all-wheel drive, while the Performance variant provides enhanced acceleration and handling at a premium price. The Performance variant costs £10,000 more than the Long Range.
⚙️ Optional Features and Upgrades
Tesla offers various optional features that increase costs, including Full Self-Driving capability (around £6,800), Enhanced Autopilot (£3,400), premium paint colours (£1,100 to £2,100), and upgraded wheels. Interior upgrades and towing packages also add to the total price.
🏥 Government Incentives
The UK government offers incentives for electric vehicles, including the Plug-in Car Grant (up to £1,500 for eligible vehicles) and exemption from Vehicle Excise Duty (road tax). However, the Model Y may not always qualify for the full grant due to price thresholds. These incentives can reduce the effective purchase price.
📍 Delivery and Registration
Delivery fees, registration costs, and first-year road tax are typically included in the quoted price, but it's important to confirm what's included. Some Tesla models may require additional fees for home delivery or collection from a Tesla Service Centre. Always check the final on-the-road price before committing.
🔋 Charging Infrastructure
While not part of the vehicle purchase price, you'll need to consider charging costs. Home charging point installation costs around £500 to £1,000, though the government's Electric Vehicle Homecharge Scheme provides grants of up to £350. Public charging costs vary, with Tesla Superchargers typically costing £0.25 to £0.50 per kWh.
How to Save Money on Tesla Model Y in the UK
💡 Consider Used or Pre-Owned Models
Used Tesla Model Y vehicles can offer significant savings, with prices typically 15-30% lower than new models. Tesla's own pre-owned programme offers certified used vehicles with warranty coverage. Models that are 1-2 years old can provide excellent value while still offering modern features and technology.
🏥 Take Advantage of Government Incentives
Ensure you claim all available government incentives, including the Plug-in Car Grant and exemption from road tax. Some local authorities also offer additional incentives like free parking or reduced congestion charges. The government's Electric Vehicle Homecharge Scheme provides grants for home charging point installation.
💷 Consider Leasing or PCP
Tesla offers leasing and Personal Contract Purchase (PCP) options, which can make ownership more affordable with lower monthly payments. Leasing typically requires a deposit of £4,000 to £6,000 and monthly payments of £500 to £700 depending on the variant. This can be more manageable than purchasing outright.
🔍 Compare Optional Features
Carefully consider which optional features you actually need. Full Self-Driving capability adds £6,800 but may not be necessary for all drivers. Enhanced Autopilot at £3,400 provides many useful features at a lower cost. Premium paint and wheel upgrades are purely aesthetic and can be skipped to save money.
✨ Consider Running Costs
While the Model Y purchase price is higher than many conventional SUVs, running costs are significantly lower. Electricity costs are much cheaper than petrol or diesel, and maintenance costs are lower due to fewer moving parts. Over the lifetime of the vehicle, these savings can offset the higher initial purchase price.
FAQs
How much does a Tesla Model Y cost?
A Tesla Model Y costs £54,990 for the Long Range variant or £64,990 for the Performance variant. Optional features like Full Self-Driving capability add around £6,800. Used Model Y vehicles typically cost £40,000 to £55,000 depending on age, mileage, and condition.
What's the difference between Model Y Long Range and Performance?
The Model Y Long Range offers around 330 miles of range and 0-60mph acceleration in 4.8 seconds, costing £54,990. The Performance variant offers similar range but with 0-60mph acceleration in 3.5 seconds, upgraded wheels, and enhanced handling, costing £64,990. Both variants feature all-wheel drive.
How much does it cost to charge a Tesla Model Y?
Charging a Tesla Model Y at home typically costs £8 to £15 for a full charge depending on your electricity tariff, providing around 330 miles of range. Public charging costs vary, with Tesla Superchargers typically costing £0.25 to £0.50 per kWh. This is significantly cheaper than petrol or diesel for equivalent range.
Does the Model Y qualify for government grants?
The Tesla Model Y may qualify for the UK's Plug-in Car Grant (up to £1,500), though eligibility depends on the vehicle's price and current grant thresholds. Model Y vehicles are exempt from Vehicle Excise Duty (road tax) and London's Congestion Charge. The Electric Vehicle Homecharge Scheme provides grants for home charging point installation.
How much space does the Model Y have?
The Tesla Model Y offers 854 litres of boot space with the rear seats up, expanding to 2,158 litres with the seats folded. It can comfortably seat five adults, with optional third-row seating available in some markets. The Model Y provides more interior space than the Model 3, making it ideal for families needing extra room.
Conclusion
🎯 The Tesla Model Y costs £54,990 for the Long Range variant or £64,990 for the Performance variant, representing a significant investment in an electric SUV. However, its combination of practicality, performance, technology, and lower running costs make it an attractive option for many drivers. Consider used models, leasing options, and government grants to make ownership more affordable. With its spacious interior, impressive range, and cutting-edge features, the Model Y offers compelling value for those seeking a premium electric SUV.
 |
Jane Smith |
| Am British, live in London (1985–present) |
