EVCostIQ

The EV cost intelligence platform

Ford Mustang Mach-E Select vs Tesla Model Y RWD: 5-year cost to own in the U.S.

As of August 6, 2026, over 5 years (U.S. average, 12,000 mi/yr), the Ford Mustang Mach-E Select is cheaper from day one — about $55,158 over 5 years vs $57,428 for the Tesla Model Y RWD, a $2,270 difference. The expired federal $7,500 EV credit is not applied to either total.

Cheaper to own over 5 yearsFord Mustang Mach-E Select · $55,158 total · $2,270 less than the Tesla Model Y RWD

Ford Mustang Mach-E Select vs Tesla Model Y RWD — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost componentElectric · Ford Mustang Mach-E SelectElectric · Tesla Model Y RWD
Depreciation (estimated)$24,397 (44%)$26,544 (46%)
Charging / fuel$5,394 (10%)$4,576 (8%)
↳ of which charging loss12% (~$647)12% (~$549)
Maintenance$3,660 (7%)$3,660 (6%)
Insurance$13,750 (25%)$13,750 (24%)
Financing interest$6,958 (13%)$7,897 (14%)
Registration & fees$1,000 (2%)$1,000 (2%)
Total cost of ownership$55,158$57,428

The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.

When does the Ford Mustang Mach-E Select win?

At 12,000 mi/yr the Ford Mustang Mach-E Select is already the cheaper car — drive more or keep it longer and its lead only grows.

The Ford Mustang Mach-E Select finishes ahead, but only by $2,270 (about 4%): a lead that lives inside our default assumptions, so test it against your own miles and rates.

What decides the Ford Mustang Mach-E Select vs Tesla Model Y RWD verdict

The single biggest mover is depreciation: $24,397 on the Ford Mustang Mach-E Select against $26,544 on the Tesla Model Y RWD, a $2,147 gap in the Ford Mustang Mach-E Select's favor — the largest slice of the $2,270 verdict. On the Ford Mustang Mach-E Select, depreciation alone is 44% of its $55,158 total; on the Tesla Model Y RWD it is 46% of $57,428.

  • Financing interest: Ford Mustang Mach-E Select $6,958, Tesla Model Y RWD $7,897 — $939 more in the Ford Mustang Mach-E Select's favor.
  • Energy: $5,394 of charging for the Ford Mustang Mach-E Select vs $4,576 of charging for the Tesla Model Y RWD — $818 the other way, to the Tesla Model Y RWD.

The Tesla Model Y RWD's best answer is energy — $818 back the other way — which covers 36% of the Ford Mustang Mach-E Select's $2,270 lead. At the dealer the Tesla Model Y RWD starts $4,995 behind the Ford Mustang Mach-E Select; running costs claw back $2,725 of that, but the Ford Mustang Mach-E Select still ends $2,270 ahead. The Ford Mustang Mach-E Select is ahead from the first year — $1,028 after year 1 — and finishes year 5 with the full $2,270 lead; the cumulative lines never cross.

Ford Mustang Mach-E Select vs Tesla Model Y RWD, side by side

Electric Lower 5-yr cost

Ford Mustang Mach-E Select

5-yr total cost
$55,158
Cost / month
$919
Cost / mile
$0.92
MSRP
$39,995
Powertrain
Electric
Efficiency
33 kWh/100mi
Electric

Tesla Model Y RWD

5-yr total cost
$57,428
Cost / month
$957
Cost / mile
$0.96
MSRP
$44,990
Powertrain
Electric
Efficiency
28 kWh/100mi
Electricity (US avg)
18.4¢/kWh EIA
Gas price (US avg)
$3.85/gal AAA

Change the miles, your state & either car

Full cost breakdowns

Ford Mustang Mach-E Select vs Tesla Model Y RWD by state

No state's electricity or gas prices flip this verdict at default assumptions — the Ford Mustang Mach-E Select is the cheaper car in all 51 states we track.

FAQ

Is the Ford Mustang Mach-E Select or the Tesla Model Y RWD cheaper to own over 5 years?

The Ford Mustang Mach-E Select is cheaper from day one — about $55,158 over 5 years vs $57,428 for the Tesla Model Y RWD, a $2,270 difference.

When does the Ford Mustang Mach-E Select become cheaper than the Tesla Model Y RWD?

At 12,000 mi/yr the Ford Mustang Mach-E Select is already the cheaper car — drive more or keep it longer and its lead only grows.

How much more does the Ford Mustang Mach-E Select cost to buy than the Tesla Model Y RWD?

The Ford Mustang Mach-E Select starts at $39,995 — $4,995 less than the Tesla Model Y RWD ($44,990). Over 5 years the ownership gap is $2,270 in favor of the Ford Mustang Mach-E Select.

Which costs less per mile — the Ford Mustang Mach-E Select or the Tesla Model Y RWD?

The Ford Mustang Mach-E Select: $0.92 vs $0.96 per mile all-in ($919 vs $957 per month).