The Small Model Y just got cheaper (thanks to EV tax credit eligibility). Now it competes directly with the more affordable small electric SUVs. Here are three great pairings for the Tesla Model Y now that drivers can take advantage of its tax incentive eligibility.
The 2023 Ford Mustang Mach-E Premium will battle the Tesla Model Y
The 2023 Ford Mustang Mach-E Premium is the closest Mach-E in price to the Tesla Model Y Long Range, but Tesla’s small electric SUV is eligible for the federal electric vehicle tax incentive through March 2023. After the incentive, the Model Y will start price is closer to $47,490. The 2023 Ford Mustang Mach-E Premium starts at $54,975.
eligible for the incentive and provided that its MSRP is $80,000 or less. So, Mach-E Premium has also become more affordable. Now that these two small electric SUVs are more reasonably priced, how do they compare?
The 2023 Tesla Model Y Long Range gets about 330 miles of range. It can go from 0 to 60mph in about 4.8 seconds. The Mach-E Premium gets approximately 224 miles of range on its standard battery pack. It’s not as fast as the Model Y Long Range. So, the Y Long Range model is definitely the best buy in this combination.
The 2023 Hyundai Ioniq 5 SEL rivals the Tesla Model Y
The Hyundai Ioniq 5 is currently seen as the best small electric SUV by many automotive experts and publications. South Korea’s small electric SUV won for 2022. Consumers love the Ioniq 5 because it’s affordable and offers a pleasant driving experience. It also has a decent driving range.
How does the popular Ioniq 5 compare to the Model Y Long Range? The Hyundai Ioniq 5 SEL is closest in price to the Model Y Long Range after the incentive is applied. There’s no word yet on whether or not the small South Korean electric SUV is eligible, so SEL and Long Range are the easiest comparison to make.
The Hyundai Ioniq 5 SEL gets 256 miles of standard range. Even its fastest trim level is no match for the Model Y Long Range’s incredible acceleration. If you had to choose between the two small electric SUVs and their price was relatively close, the Model Y Long Range is the better buy. The Ioniq 5 has convenience on its side, but it needs to qualify for the EV tax incentive to stay competitive going forward.
The 2023 Volkswagen ID.4 Pro S is a great match for the Tesla Model Y
The Volkswagen ID.4 fought fiercely abroad for market share. The ID.4 has become very popular in Europe, overtaking the Model Y in several European countries. How does the small electric SUV stand alongside the Model Y?
The 2023 Volkswagen ID.4 Pro S with LG battery starts at $48,995. Of all the ID.4 trims, the price of the Pro S with LG battery is closest to the price of the Model Y after the incentive has been applied. The ID.4 Pro S 2023 with LG battery gets 275 miles of range. The fastest VW ID.4 trim is the ID.4 AWD Pro. It goes from 0 to 60mph in 5.7 seconds.
Ultimately, the Tesla Model Y is in a different league when it comes to quickness and range. he praises its large load compartment, interior and access to the supercharging network. There’s a reason the Model Y has become so internationally popular. If tax incentives level the playing field, competitors could be in serious trouble.
