LuxuryModel Hub

Tesla Model Y Performance

456 hp all-electric SUV. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2024

Base Price

$56K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$14K/yr

Most Expensive

🇸🇬 Singapore

$39K/yr

5-Year TCO (US)

$179K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~12L / 100km

At 15,000 km/yr, approx. 1800 litres annually

📉

3-Year Depreciation

43% loss

Loses ~$24,080 from $56,000 base in 3 years

🔧

Annual Maintenance

$4,000

Typical for Luxury segment in developed markets

🏷️

Segment

Luxury

Competes in the Luxury segment globally

About This Model

Luxury Segment: Premium Costs, Premium Residuals

Luxury models carry higher purchase prices, insurance premiums, and service costs than equivalent mid-range vehicles — but they also deliver stronger residual values in established markets. The three-year residual value for well-specified luxury models typically exceeds 55% of new price, compared to 45–50% for mid-range equivalents. Buyers should account for the higher cost of consumables: premium-grade tyres, specialist lubricants, and manufacturer-specific service parts can add 40–60% to annual maintenance costs versus non-luxury equivalents.

The Tesla Model Y Performance is a Luxury-segment vehicle with a base price of $56,000 USD. 456 hp all-electric SUV. Across 50 countries, annual ownership costs range from $14K in Venezuela to $39K in Singapore — a 167% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$14,000

Insurance

$2,150

Fuel

$1,620

Maintenance

$6,143

Registration

$500

Total Annual$24,413

Full US Breakdown

Interactive Chart

Tesla Model Y Performance — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the Model Y Performance Lose Value?

Starting at $56,000, the Tesla Model Y Performance retains 46% of its value after 5 years — losing $30,240 in total.

Year 1

$42,000 (75%)

Year 2

$36,400 (65%)

Year 3

$31,920 (57%)

Year 4

$28,560 (51%)

Year 5

$25,760 (46%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $24,413. Depreciation is the largest single cost at 57% of total annual spend.

Depreciation

$14,00057%

Insurance

$2,1509%

Fuel

$1,6207%

Maintenance

$6,14325%

Registration

$5002%

Country Rankings

Where Is the Model Y Performance Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $78K

$14K/yr

#2🇮🇷

Iran

Purchase: $116K

$15K/yr

#3🇧🇩

Bangladesh

Purchase: $161K

$17K/yr

#4🇪🇬

Egypt

Purchase: $89K

$17K/yr

#5🇳🇬

Nigeria

Purchase: $81K

$18K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $86K

$39K/yr

#2🇭🇰

Hong Kong

Purchase: $120K

$33K/yr

#3🇬🇧

United Kingdom

Purchase: $72K

$28K/yr

#4🇧🇷

Brazil

Purchase: $85K

$28K/yr

#5🇮🇹

Italy

Purchase: $75K

$28K/yr

50 Countries

Tesla Model Y Performance — Annual Cost by Country

Based on 2024 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$78K	20%	$100	$18	$14K	View
2	🇮🇷Iran	$116K	90%	$160	$90	$15K	View
3	🇧🇩Bangladesh	$161K	150%	$220	$1K	$17K	View
4	🇪🇬Egypt	$89K	40%	$470	$720	$17K	View
5	🇳🇬Nigeria	$81K	35%	$570	$1K	$18K	View
6	🇷🇺Russia	$77K	15%	$720	$1K	$18K	View
7	🇮🇳India	$143K	100%	$370	$2K	$18K	View
8	🇺🇦Ukraine	$74K	10%	$520	$2K	$18K	View
9	🇵🇪Peru	$72K	9%	$620	$2K	$18K	View
10	🇵🇰Pakistan	$98K	50%	$470	$2K	$19K	View
11	🇮🇩Indonesia	$87K	40%	$670	$1K	$19K	View
12	🇻🇳Vietnam	$105K	70%	$470	$2K	$19K	View
13	🇬🇭Ghana	$77K	20%	$670	$2K	$19K	View
14	🇶🇦Qatar	$59K	5%	$1K	$342	$19K	View
15	🇲🇾Malaysia	$77K	30%	$980	$936	$19K	View
16	🇵🇭Philippines	$82K	30%	$780	$2K	$20K	View
17	🇸🇦Saudi Arabia	$68K	5%	$1K	$432	$20K	View
18	🇹🇭Thailand	$108K	80%	$880	$2K	$20K	View
19	🇰🇪Kenya	$81K	25%	$780	$2K	$20K	View
20	🇲🇽Mexico	$78K	20%	$1K	$1K	$20K	View
21	🇨🇴Colombia	$90K	35%	$1K	$2K	$20K	View
22	🇦🇷Argentina	$91K	35%	$1K	$1K	$20K	View
23	🇦🇪UAE	$62K	5%	$1K	$792	$20K	View
24	🇷🇴Romania	$73K	10%	$1K	$2K	$21K	View
25	🇭🇺Hungary	$78K	10%	$1K	$3K	$21K	View
26	🇨🇱Chile	$71K	6%	$1K	$2K	$21K	View
27	🇨🇳China	$73K	15%	$1K	$2K	$22K	View
28	🇨🇿Czech Republic	$75K	10%	$1K	$3K	$22K	View
29	🇵🇱Poland	$76K	10%	$1K	$2K	$22K	View
30	🇿🇦South Africa	$81K	25%	$2K	$2K	$23K	View
31	🇰🇷South Korea	$67K	8%	$1K	$3K	$23K	View
32	🇬🇷Greece	$76K	10%	$1K	$3K	$23K	View
33	🇵🇹Portugal	$76K	10%	$1K	$3K	$23K	View
34	🇹🇷Turkey	$121K	80%	$980	$4K	$23K	View
35	🇪🇸Spain	$75K	10%	$2K	$3K	$24K	View
36	🇯🇵Japan	$62K	0%	$1K	$3K	$24K	View
37	🇫🇮Finland	$76K	10%	$2K	$3K	$24K	View
38	🇺🇸United States	$57K	2.5%	$2K	$2K	$24K	View
39	🇳🇿New Zealand	$68K	5%	$2K	$3K	$25K	View
40	🇸🇪Sweden	$77K	10%	$2K	$3K	$25K	View
41	🇫🇷France	$74K	10%	$2K	$3K	$25K	View
42	🇦🇹Austria	$74K	10%	$2K	$3K	$25K	View
43	🇩🇪Germany	$73K	10%	$2K	$3K	$25K	View
44	🇨🇦Canada	$62K	6.1%	$2K	$2K	$26K	View
45	🇦🇺Australia	$65K	5%	$2K	$2K	$26K	View
46	🇳🇱Netherlands	$75K	10%	$2K	$4K	$26K	View
47	🇧🇪Belgium	$75K	10%	$2K	$3K	$26K	View
48	🇨🇭Switzerland	$64K	6.5%	$2K	$3K	$26K	View
49	🇳🇴Norway	$88K	25%	$2K	$4K	$26K	View
50	🇩🇰Denmark	$175K	150%	$2K	$3K	$27K	View
51	🇮🇱Israel	$120K	83%	$2K	$4K	$28K	View
52	🇮🇹Italy	$75K	10%	$3K	$3K	$28K	View
53	🇧🇷Brazil	$85K	35%	$3K	$2K	$28K	View
54	🇬🇧United Kingdom	$72K	6.5%	$3K	$3K	$28K	View
55	🇭🇰Hong Kong	$120K	115%	$2K	$4K	$33K	View
56	🇸🇬Singapore	$86K	41%	$3K	$3K	$39K	View