Tesla Model Y RWD vs Honda CR-V LX (gas): 5-year cost to own in Michigan
As of July 1, 2026, over 5 years in Michigan, the Honda CR-V LX (gas) stays the cheaper car to own — about $41,372 vs $58,995 for the Tesla Model Y RWD, a $17,623 difference over 5 years. Michigan's electricity (21.4¢/kWh, 14% above the U.S. average) and $4.08/gal gas are fed straight into both totals. The expired federal $7,500 EV credit is not applied to either total.
Cheaper to own over 5 years · MichiganHonda CR-V LX (gas) · $41,372 total · $17,623 less than the Tesla Model Y RWD
Tesla Model Y RWD vs Honda CR-V LX (gas) — where the money goes
| Cost component | Electric · Tesla Model Y RWD | Gas · Honda CR-V LX |
|---|---|---|
| Depreciation (estimated) | $26,544 (45%) | $11,470 (28%) |
| Charging / fuel | $5,309 (9%) | $8,156 (20%) |
| ↳ of which charging loss | 12% (~$637) | — |
| Maintenance | $3,660 (6%) | $4,980 (12%) |
| Insurance | $13,750 (23%) | $11,000 (27%) |
| Financing interest | $7,897 (13%) | $5,266 (13%) |
| Registration & fees | $1,835 (3%) | $500 (1%) |
| Total cost of ownership | $58,995 | $41,372 |
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 Tesla Model Y RWD win?
Even at 30,000+ mi/yr or a 15-year hold, the Honda CR-V LX (gas) stays cheaper here — its lower price and slower depreciation dominate. The Tesla Model Y RWD is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).
Tesla Model Y RWD vs Honda CR-V LX (gas), side by side
Tesla Model Y RWD
- 5-yr total cost
- $58,995
- Cost / month
- $983
- Cost / mile
- $0.98
- MSRP
- $44,990
- Powertrain
- Electric
- Efficiency
- 28 kWh/100mi
Honda CR-V LX (gas)
- 5-yr total cost
- $41,372
- Cost / month
- $690
- Cost / mile
- $0.69
- MSRP
- $31,000
- Powertrain
- Gas
- Efficiency
- 30 mpg
- Michigan electricity
- 21.4¢/kWh EIA
- Gas price (Michigan)
- $4.08/gal AAA
Full cost breakdowns
← Tesla Model Y RWD vs Honda CR-V LX (gas) (U.S. average)