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Tesla Model Y (Standard RWD) vs Honda CR-V (LX gas FWD): 5-year cost to own (Canada)

Over 5 years in Canada (15,000 km/yr), as of July 2, 2026, the Honda CR-V (LX gas FWD) stays the cheaper car to own — about $57,015 vs $60,050 for the Tesla Model Y (Standard RWD), a $3,035 difference over 5 years.

Canada EVAP: up to $5,000 off an eligible new EV ($2,500 PHEV); Quebec / BC may add more. Shown for reference; not in the totals above. Source: Transport Canada.

Cheaper to own over 5 years · CanadaHonda CR-V (LX gas FWD) · $57,015 total · $3,035 less than the Tesla Model Y (Standard RWD)

Tesla Model Y (Standard RWD) vs Honda CR-V (LX gas FWD) — where the money goes

5-year total cost of ownership by component, by vehicle (CAD). Estimates; sources dated in the methodology.
Cost componentElectric · Tesla Model YGas · Honda CR-V
Depreciation (estimated)$28,994 (48%)$21,983 (39%)
Charging / fuel$2,815 (5%)$9,828 (17%)
↳ of which charging loss12% (~$338)
Maintenance$3,248 (5%)$5,873 (10%)
Insurance$15,655 (26%)$11,445 (20%)
Financing interest$8,837 (15%)$7,387 (13%)
Registration & fees$500 (1%)$500 (1%)
Total cost of ownership$60,050$57,015

When does the Tesla Model Y (Standard RWD) win?

The Honda CR-V (LX gas FWD) holds a slim $3,035 lead over 5 years — a close result, but a real one at these rates and distances.

The Tesla Model Y (Standard RWD) pulls ahead of the Honda CR-V (LX gas FWD) if you drive more than about 19,500 km/yr. A longer hold also changes it: keep the car past 8 years and the Tesla Model Y (Standard RWD) comes out ahead.

What decides the Tesla Model Y (Standard RWD) vs Honda CR-V (LX gas FWD) verdict

The biggest single line, energy, actually falls the Tesla Model Y (Standard RWD)'s way ($2,815 of charging for the Tesla Model Y (Standard RWD) against $9,828 of gas for the Honda CR-V (LX gas FWD)) — yet the Honda CR-V (LX gas FWD) still finishes $3,035 ahead on everything else combined. On the Tesla Model Y (Standard RWD), energy alone is 5% of its $60,050 total; on the Honda CR-V (LX gas FWD) it is 17% of $57,015.

  • Depreciation: Tesla Model Y (Standard RWD) $28,994, Honda CR-V (LX gas FWD) $21,983 — $7,011 more in the Honda CR-V (LX gas FWD)'s favor.
  • Insurance: Tesla Model Y (Standard RWD) $15,655, Honda CR-V (LX gas FWD) $11,445 — $4,210 more in the Honda CR-V (LX gas FWD)'s favor.
  • Maintenance: Tesla Model Y (Standard RWD) $3,248, Honda CR-V (LX gas FWD) $5,873 — $2,625 the other way, to the Tesla Model Y (Standard RWD).

The Tesla Model Y (Standard RWD)'s best answer is energy, $7,013 back the other way — more than the final $3,035 gap on its own, but the remaining rows pull the verdict back to the Honda CR-V (LX gas FWD). At the dealer the Tesla Model Y (Standard RWD) starts $7,715 behind the Honda CR-V (LX gas FWD); running costs claw back $4,680 of that, but the Honda CR-V (LX gas FWD) still ends $3,035 ahead. The Honda CR-V (LX gas FWD) leads from year 1 ($1,526 ahead after twelve months) and never gives it back — $3,035 by year 5.

Tesla Model Y (Standard RWD) vs Honda CR-V (LX gas FWD), side by side

Electric

Tesla Model Y (Standard RWD)

5-yr total cost
$60,050
Cost / month
$1,001
Cost / km
$0.80
Starting price
$49,990
Powertrain
Electric
Efficiency
15.4 kWh/100km
Gas Lower 5-yr cost

Honda CR-V (LX gas FWD)

5-yr total cost
$57,015
Cost / month
$950
Cost / km
$0.76
Starting price
$42,275
Powertrain
Gas
Efficiency
7.8 L/100km
Canada electricity
16.50c/kWh provincial utilities
Gasoline (Canada)
$1.68/L CAA

FAQ

Is the Tesla Model Y (Standard RWD) or the Honda CR-V (LX gas FWD) cheaper to own over 5 years in Canada?

The Honda CR-V (LX gas FWD) stays the cheaper car to own — about $57,015 vs $60,050 for the Tesla Model Y (Standard RWD), a $3,035 difference over 5 years.

When does the Tesla Model Y (Standard RWD) become cheaper than the Honda CR-V (LX gas FWD)?

The Tesla Model Y (Standard RWD) pulls ahead of the Honda CR-V (LX gas FWD) if you drive more than about 19,500 km/yr. A longer hold also changes it: keep the car past 8 years and the Tesla Model Y (Standard RWD) comes out ahead.

How much more does the Tesla Model Y (Standard RWD) cost to buy than the Honda CR-V (LX gas FWD)?

The Tesla Model Y (Standard RWD) starts at $49,990 — $7,715 more than the Honda CR-V (LX gas FWD) ($42,275). Over 5 years the ownership gap is $3,035 in favour of the Honda CR-V (LX gas FWD).

Which costs less per km — the Tesla Model Y (Standard RWD) or the Honda CR-V (LX gas FWD)?

The Honda CR-V (LX gas FWD): $0.76 vs $0.80 per km all-in ($950 vs $1,001 per month).

Full breakdowns