SUV comparison

Tesla Model Y vs Lexus RX 350

Which costs less to own over 5 years? Compare purchase price, fuel, maintenance, insurance, and depreciation — then customize with your own numbers.

Tesla Model Y vs Lexus RX 350: Quick Verdict

Based on average driving (12,000 miles/year), the Tesla Model Y saves approximately $7,922 over 5 years compared to the Lexus RX 350. Lower charging costs and reduced maintenance offset the EV's higher purchase price.

Tesla Model Y

$44,990

purchase price

Lexus RX 350

$50,720

purchase price

EV saves

$7,922

over 5 years

Customize your mileage, gas price, and electricity rate below to get a personalized comparison.

Your Numbers

Adjust the inputs to match your situation. Results update instantly.

Average American drives ~13,500 miles/year

Charge at home overnight — cheapest option

EV is worth it for youhigh confidence

Tesla Model Y Saves You Money

EV saves you

$7,922

over 5 years

EV saves per month

$148

fuel + maintenance

Operating cost payback

7 months

within ownership

Best case (Home charging): EV saves $7,922
Worst case (Public charging only): EV saves $3,548

The Tesla Model Y saves you $7,922 over 5 years compared to the Lexus RX 350.

These vehicles are in different classes. The comparison is still valid but keep the size/class difference in mind.

EV saves you

$7,922

over 5 years (all-in)

EV saves per month

$148

fuel + maintenance

Operating cost payback

7 months

achievable within ownership

Vehicles compared

Model Y · Lexus RX · RAV4 Hybrid

EV · Gas · Hybrid

Full Cost Breakdown

Tesla Model Y

Electric

Purchase Price$44,990
Monthly Fuel$35
Annual Fuel$421
Total Fuel$2,106
Total Maintenance$3,000
Total Insurance$10,500
Resale Value$24,745
Total Cost of Ownership$35,852

Lexus RX 350

Gas

Purchase Price$50,720
Monthly Fuel$125
Annual Fuel$1,500
Total Fuel$7,500
Total Maintenance$6,000
Total Insurance$11,000
Resale Value$31,446
Total Cost of Ownership$43,774

Toyota RAV4 Hybrid

Hybrid

Best
Purchase Price$35,385
Monthly Fuel$88
Annual Fuel$1,050
Total Fuel$5,250
Total Maintenance$5,000
Total Insurance$9,250
Resale Value$24,062
Total Cost of Ownership$30,823

Cost Over 5 Years

Year 1RAV4 Hybrid leads
Model Y
$8,191
Lexus RX
$9,525
RAV4 Hybrid
$6,527
Year 2RAV4 Hybrid leads
Model Y
$15,811
Lexus RX
$18,628
RAV4 Hybrid
$12,858
Year 3RAV4 Hybrid leads
Model Y
$22,924
Lexus RX
$27,347
RAV4 Hybrid
$19,010
Year 4RAV4 Hybrid leads
Model Y
$29,588
Lexus RX
$35,719
RAV4 Hybrid
$24,994
Year 5RAV4 Hybrid leads
Model Y
$35,852
Lexus RX
$43,774
RAV4 Hybrid
$30,823
Tesla Model Y (EV)Lexus RX 350 (GAS)Toyota RAV4 Hybrid (HYBRID)

Why This Result

You break even in about 0.6 years. Lower charging costs and reduced maintenance give the EV a clear cost advantage at your mileage. The Toyota RAV4 Hybrid falls in between at $30,823 total.

Fuel vs Charging

Charging the Model Y costs about $421/year vs $1500/year for gas in the Lexus RX. That's $1079/year in fuel savings alone.

Maintenance

EVs have fewer moving parts — no oil changes, less brake wear, no transmission fluid. The Model Y saves roughly $3000 in maintenance over the ownership period.

Depreciation & Resale

The Lexus RX holds 62% of its value vs 55% for the Model Y. Purchase price and resale value are often the largest factors in total cost of ownership.

Insurance

EV insurance tends to run higher due to specialized repair costs. We've included $2,100/year for the Model Y vs $2,200/year for the Lexus RX in the total comparison.

Share Your Result

Let others see how the numbers compare.

I'd save $7,922 over 5 years with a Tesla Model Y vs Lexus RX 350. Break-even in 0.6 years. Check yours → isevworthit.com

About the Tesla Model Y

The Tesla Model Y is a fully electric suv with an efficiency of 0.27 kWh per mile. Priced at $44,990, it costs around $600/year to maintain and $2,100/year to insure. It's widely regarded as the Most Popular EV option in its class.

About the Lexus RX 350

The Lexus RX 350 is a gas-powered suv achieving 28 MPG. Priced at $50,720, it costs around $1,200/year to maintain and $2,200/year to insure. Note that these vehicles are in different classes — keep size and use-case differences in mind.

How We Calculate Total Cost

Total cost of ownership includes purchase price, fuel or charging costs over your ownership period, annual maintenance, annual insurance, minus estimated resale value based on depreciation. This gives you the true all-in cost of each vehicle — not just the sticker price.

← Compare all vehicles on the homepage