Ford Mustang Mach-E vs Tesla Model Y
Choosing between the Ford Mustang Mach-E and the Tesla Model Y is really a question of total cost, not sticker price. Below we compare both over five years — depreciation, energy, insurance and maintenance — then let you run your own mileage.
Key assumptions for this page
Sources: Edmunds · Kelley Blue Book — figures are estimates last reviewed 2026; verify before purchase.
Ford Mustang Mach-E vs Tesla Model Y: run the numbers
Cheaper to own over 5 years
Ford Mustang Mach-E
by $1,932 — Ford Mustang Mach-E: $48,432 · Tesla Model Y: $50,364
Lower 5-year total cost
🏆 Ford Mustang Mach-E
Lower energy cost
🏆 Tesla Model Y
Lower depreciation
🏆 Ford Mustang Mach-E
Lower insurance estimate
🏆 Ford Mustang Mach-E
Lower cost per mile
🏆 Ford Mustang Mach-E
Baseline 5-year cost breakdown
MSRP + EPA efficiency · USD| Cost | Ford Mustang Mach-E | Tesla Model Y |
|---|---|---|
| Depreciation | $27,688 | $29,569 |
| Energy / fuel | $2,824 | $2,595 |
| Insurance | $13,440 | $13,650 |
| Maintenance | $4,480 | $4,550 |
| 5-year total | $48,432 | $50,364 |
| Cost per mile | $0.81 | $0.84 |
Customize your scenario
The baseline uses each car's MSRP, EPA-rated efficiency and segment-typical depreciation. Change the assumptions below to match how you actually drive — your result may differ from the baseline.
5-year cost by annual mileage
| Miles / year | Ford Mustang Mach-E | Tesla Model Y | Cheaper |
|---|---|---|---|
| 8,000 mi | $47,491 | $49,499 | Mustang Mach-E |
| 12,000 mi· now | $48,432 | $50,364 | Mustang Mach-E |
| 15,000 mi | $49,138 | $51,012 | Mustang Mach-E |
| 20,000 mi | $50,314 | $52,093 | Mustang Mach-E |
| 30,000 mi | $52,667 | $54,255 | Mustang Mach-E |
Estimates only, not quotes. Depreciation, insurance and maintenance use segment-typical assumptions; insurance is modeled from each model's risk factor against a national average, not a quote. Verify with dealers and insurers before deciding.
Good to know
Specific, useful answers for this page.
Is the Ford Mustang Mach-E or the Tesla Model Y cheaper to own?＋
Over five years, total ownership cost comes down to depreciation, energy, insurance and maintenance. The breakdown above totals both side by side so you can see the real gap, not just the sticker difference.
What's the biggest cost difference between them?＋
Usually depreciation and insurance dominate. The Mustang Mach-E depreciates faster, while insurance tracks each car's risk factor (Mustang Mach-E: 1.28×, Model Y: 1.30×).
Does the price gap between the Mustang Mach-E and Model Y matter long term?＋
The Model Y costs about $7k more upfront, and since depreciation is a percentage of price, the costlier car usually loses more dollars too. With similar drivetrains, fuel and maintenance land close, leaving depreciation and insurance as the deciders.