Tesla Model Y vs RAV4 Hybrid: Lowest Cost of Ownership in 5 Years?

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  • เผยแพร่เมื่อ 19 ม.ค. 2023
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    **This Video includes a PAID sponsorship from SPAN**
    QUICK CORRECTION: at around 6:30, the slide that shows insurance cost estimates has the models switched. The numbers that I speak in the video are correct, but the slide should show ~$102 per month for the Model Y, and ~$79 per month for the RAV4.
    The true cost of owning a vehicle goes way beyond just the initial purchase price, and you have to consider a host of other costs to get the real picture. For example, in our comparison today, the Model Y purchase price is quite a bit higher than the RAV4 hybrid, but with all things considered and the cost saving associated with electric vehicles, the Model Y true cost of ownership may actually surprise you. But are the cost savings enough to make up the initial cost difference?
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    ** All video and pictures are used with permission or in accordance with the copyright owner's stated policies and use allowance, or applicable fair use laws. **
    Image & Video Clip Sources:
    1. Thumbnail Model Y image & other Tesla images and video clips used in the video Courtesy of Tesla, Inc. (where noted in video).
    2. Thumbnail RAV4 image & other RAV4 images and/or video clips used in the video Courtesy of Toyota (where noted in video).
    3. Grey Model Y driving video clip provided by Piston Ring Media | via www.pond5.com
    4. Various other video clips from pexels.com & pixabay.com | various authors.
    Data Sources:
    www.fhwa.dot.gov/ohim/onh00/b...
    gasprices.aaa.com/
    www.saveonenergy.com/electric...
    www.caranddriver.com/tesla/mo...
    www.headquartertoyota.com/blo...
    www.motortrend.com/cars/toyot...
    www.bankrate.com/loans/loan-c...
    www.edmunds.com/tco.html
    NOTE: The content found in this video should NOT be regarded as financial advice. I am not a financial advisor, and this is NOT in any way a recommendation or offer to buy or sell securities. While the information in this video is believed to be accurate at the time of recording, no guarantees are being made about the accuracy of the information presented in the video. As of the recording of this video, I am NOT invested in Tesla stock or securities, nor any other company mentioned in this video.
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ความคิดเห็น • 574

  • @Cleanerwatt
    @Cleanerwatt  ปีที่แล้ว +69

    QUICK CORRECTION: at around 6:30, the slide that shows insurance cost estimates has the models switched. The numbers that I speak in the video are correct, but the slide should show ~$102 per month for the Model Y, and ~$79 per month for the RAV4.

    • @vinnylamoureux1187
      @vinnylamoureux1187 ปีที่แล้ว +2

      I caught that !!!!

    • @ryant.5173
      @ryant.5173 ปีที่แล้ว +1

      I knew something wasn't right because I called the other day to compare insurance and mine was going up 150 a month from my wifes 2015 Honda CRV EXL

    • @SmartMart1658
      @SmartMart1658 ปีที่แล้ว

      The Electric Viking needs help: His wife has stage 4 cancer th-cam.com/video/D6Ah4IC4TLA/w-d-xo.html

    • @rendyputra423
      @rendyputra423 ปีที่แล้ว

      If the interest rate is low, the operasional saving of model Y maybe could make sense but if the interest rate is high the model Y may be don't make financial sense because of it's higher initial purchase price.

    • @aquilinonilay4892
      @aquilinonilay4892 ปีที่แล้ว

      How about a ten-year comparison. Why just 5 years all the time.

  • @catalinacortes6935
    @catalinacortes6935 ปีที่แล้ว +49

    Interesting video. I know it’s a bit dated but I went to a Toyota dealer looking at the RAV4 hybrid. It was msrp of $36k plus a $7k market adjustment so $43k. I ended up buying a Tesla model y with the 4680 battery for $46,990 minus $7,500 federal tax credit so $39,500…… Tesla Model Y > Toyota RAV4…. U didn’t take in account the market adjustment and add ons dealers are charging.

    • @Andre-mi6fk
      @Andre-mi6fk 5 หลายเดือนก่อน +2

      You got snubbed mate, dealer market adjustment is gouging and you got gouged.

    • @chrgav1286
      @chrgav1286 4 หลายเดือนก่อน +3

      @@Andre-mi6fkHe got gouged going with tesla? huh?

    • @anekinoo7
      @anekinoo7 3 หลายเดือนก่อน

      @@chrgav1286no difference from when telsa gouge their customers when they we’re changing $65k for model Y. Then Jan 2023 drop to $48k.

    • @nana10221
      @nana10221 6 วันที่ผ่านมา

      Not true. No more marking up. Selling at MSRP or below now.

  • @thebasyoni
    @thebasyoni ปีที่แล้ว +3

    Thanks a lot for making this video. Even though I’m not a US resident, you gave me a good reference to do a local equivalent comparison in where I’m living. Great & value video. Keep them coming.

  • @dunggg
    @dunggg ปีที่แล้ว +37

    You should also consider a average dealer mark up for the RAV 4. As of Jan 2023 the mark up is 7000 at Souther California Toyota dealership

    • @vinnylamoureux1187
      @vinnylamoureux1187 ปีที่แล้ว +1

      Wow. That dealer markup is an eye opener. Especially if you consider that YOU, the buyer, get almost nothing for it.

    • @calmorton4619
      @calmorton4619 ปีที่แล้ว +1

      @Vinny Lamoureux O Come On! The dealership provides you with the best looking staff in the office...and the best looking CEO. Money that makes everyone smile like Mary or Jim or...

    • @niceguyrides
      @niceguyrides ปีที่แล้ว +2

      Buy it in another state.

    • @rogergeyer9851
      @rogergeyer9851 ปีที่แล้ว +2

      Dan Ri: He used the true car cost estimate. Using some extreme datapoint to try and make Tesla look better is nonsensical. What if he used an extremely cheap dealer to try and make Tesla look worse? See how that works?

    • @dunggg
      @dunggg ปีที่แล้ว

      @@niceguyrides I can and usually cross-shop out of state, but what about the boomers who just sign on the dotted line whenever someone tells them to?

  • @nigelweir3852
    @nigelweir3852 ปีที่แล้ว +47

    Depreciation over 5 years seems rather low and certainly no where near the depreciation in Europe . 20% over 5 years seems ridiculous, not in the future as in the next five years hybrid will depreciate more like double that rate

    • @Cleanerwatt
      @Cleanerwatt  ปีที่แล้ว +9

      I agree that depreciation might be higher going forward, but I have to stick with the data that I have right now and calculate accordingly.

    • @BillB33525
      @BillB33525 ปีที่แล้ว +1

      @@Cleanerwatt if Leasing the residual usually 50-60% of list @ 3 yrs.

    • @calmorton4619
      @calmorton4619 ปีที่แล้ว +2

      @Cleanerwatt With the trend away from ICE, the depreciation coming for the gas car is going to be higher...and the EVs with better batteries in the future again making the non-constant costs lower.

    • @markotrieste
      @markotrieste ปีที่แล้ว +5

      Also, you should cosider depreciation only if you are 100% sure you will sell the car. Until you don't sell it, those dollars are virtual to say the least.

    • @rogergeyer9851
      @rogergeyer9851 ปีที่แล้ว +7

      @@markotrieste: Yup. I tend to keep a car 15 years (not driving lots of miles), so I don't even worry about depreciation, as I tend to give the old car to someone who needs car in the end. (And I've had such people tell me the car was the best car they ever had, and get years of good overall service from it, in one case for over another decade).

  • @dr-k1667
    @dr-k1667 ปีที่แล้ว +30

    Model Y all day every day. Safety is job ONE at Tesla and after that family of 4 that went over the cliff with a 250ft drop and survived I saw that alone makes it no contest.

    • @austinpowers1999
      @austinpowers1999 ปีที่แล้ว +1

      All day every day including Sunday

    • @googleuser211
      @googleuser211 ปีที่แล้ว +4

      Have you seen other accidents where drivers instantly died in Tesla? Because driver "trusted" auto pilot. Shouldn't base your judgment based on one accident result only.

    • @YZERPLAN
      @YZERPLAN ปีที่แล้ว

      Lol, Tesla’s are complete garbage 😂. GTFOH Tesla Fanboi, go checkout all the Tesla graveyards full of useless Tesla’s. Toyota on Top & that’s facts. Give me a rav4 Prime any day over the shitty Tesla’s. Safety, you mean the self driving into wall, poles or the ones catching fire 😂

    • @Logosfollower
      @Logosfollower ปีที่แล้ว

      @@googleuser211 no haven’t seen those Can you link

  • @youmen5085
    @youmen5085 ปีที่แล้ว

    great review, just wha i was looking for

  • @UncompressedWAVmusic
    @UncompressedWAVmusic 3 หลายเดือนก่อน +2

    BUYER BEWARE WHEN BUYING A TESLA new or used. Remember that during Covid the gas prices skyrocketed and Tesla superchargers were much cheaper. However now that has reversed and the price of gas in about 50% less and the Supercharger prices doubled so now it costs more to drive a Tesla than and ICE. Also the insurance prices for Teslas has skyrocketed to about $8000 due to the sky high prices to repair even a fender bender on a Tesla due to the Gigacasting design everything is one piece so a fender bender repair cost is many times more than a fender bender on an ICE. Also now that people know how much it can cost to replace a battery like $70,000 the demand for used car market for used Teslas really decreased.

  • @PostprandialTorpor
    @PostprandialTorpor ปีที่แล้ว +2

    I would love to see a follow video of this comparing the model Y long range against the rav4prime model trims

  • @UncompressedWAVmusic
    @UncompressedWAVmusic ปีที่แล้ว +16

    I just saw a report out this month that the cost to charge a Tesla is more than the cost of gas for an ICE car since the gas prices dropped and Tesla increased electricity cost at their charging centers. Also Teslas values plummet when you reach the end of the battery and have to replace it whereas an RAV4 engine will last for 400,000 miles and still has value when that happens. Also many in North America are upset because the price to charge their Telsas at superchargers went up and now it costs more that buying gas for an ICE. Gas prices dropped and superchargers charging price skyrocketed. Also minor accidents with Teslas are $20,000 because of the Megacasting of the mold which prevents easy fixes of fender benders. So unless you are the worlds best driver and 100% sure you will never have a fender bender and you have a supercharging set up in your own home and your insurance company hasn't skyrocketed your insurance on your Tesla and your battery will last another 10 years than never buy a Tesla as the odds are you will regret it very soon and regret you ever bought a Tesla.

    • @dragodavidCE
      @dragodavidCE 4 หลายเดือนก่อน

      You will be surprised how many people drive to 400k, a small percentage. Most cars are designed to fall apart nowadays.

    • @doomtomb3
      @doomtomb3 4 หลายเดือนก่อน

      @@dragodavidCE”designed to fall apart” umm quite the opposite. Safety and Reliability are literally #1 and #2 around all mass market vehicle development goals.

    • @virtual-viking
      @virtual-viking 3 หลายเดือนก่อน

      If you want to cherry pick a scenario favouring the Rav4, go right ahead. Most people who own EV's charge them at home, because it's better in every way. Fast charging happens so rarely that it doesn't matter if it's slightly cheaper or more expensive than gasoline.
      And with regard to residual value, the Model Y battery is likely worth more as scrap than your 400k miles Rav4 in full working order. The minerals in that battery are a significant fraction of the price of the car, and they will be recycled. There's even a commodity spot price index on shredded batteries.

    • @UncompressedWAVmusic
      @UncompressedWAVmusic 3 หลายเดือนก่อน +1

      @@virtual-viking Stop cherry picking scenarios to make EV's look better than they are. There are more and more videos on TH-cam of EV owners regretting buying an EV. Also EV's are almost completely useless when the weather drops to real deep winter cold weather where all types of real life problems sky rocket with EVs and even with the super chargers. Not everyone ones a home with an optimal high speed charging set up. Then you see all the real life contastrafes with charging EVs even at 0 F and much worse at -10 F and they are useless and can take a day to charge at t supercharger if your battery is very low. So many people have to get their super EV towed to a super charger then wait a day to use one that is actually working as superchargers malfunction in real winter cold, not to mention that really cold drops an EV battery to drop usable distance way more than 50%. Too many problems to just assume EVs are a solutions for everything. Also when you get a fender bender with a Tesla it could cost 40,000 to repair if because of the special press used to make the car all one unibody part. A living nightmare with repair bills in almost any accident. I will pray for anyone who buys one.

    • @virtual-viking
      @virtual-viking 3 หลายเดือนก่อน +2

      @@UncompressedWAVmusic I'm sure a few people have had problems, but that is to be expected considering that millions of EV's have been sold by now.
      I live in Denmark where 1 in 8 new cars sold last year was a Tesla Model Y. Two weeks ago we had the worst blizzard in a decade. And at that time it felt like there were even more Teslas on the road than usual. I figure it was because most of them have 4x4, which is otherwise rare.
      I haven't seen or heard about any of the problems with the cold. Neither have I experienced anything beyond maybe 25% range degradation in my 9 years of driving an EV.
      What I _do_ recall though, is having to get out of bed an hour early, because of ICE cars that had difficulty starting during cold mornings, and needing to run idle with the key in the ignition to melt the ice off. Something that my EV's can do remotely without having to get out of bed.
      I'm pretty sure I have way more 1st hand experience with ICE cars that you have with EV's, and I have no desire to go back.

  • @ricavega
    @ricavega 2 หลายเดือนก่อน

    This is a great comparison as I've been debating on what to buy between these 2 models.

  • @TeslaEVolution
    @TeslaEVolution ปีที่แล้ว +1

    Jonathan many utities now offer super-off-peak charge rates of 1-3 cents/kW. We lay 1 cent/kW 11PM to 0700AM= Annual cost of less than $50.00 which dramatically changes the outcome. Also Tesla insurance seems to cut insurance by 40-50%...again changing the outcome!

  • @eddietorres9732
    @eddietorres9732 ปีที่แล้ว +6

    The table comparison at the end would have made more sense to include the price without the credit along the cost with the credit, since you included the comparison with the Limited RAV4 . Otherwise, nice comparison, thank you for the work put in. I have a RAV4 XSE hybrid so I'm happy to see this although I know this is meant to be more biased towards the EV vehicle.

    • @Cleanerwatt
      @Cleanerwatt  ปีที่แล้ว

      Thanks for the feedback. That would have made a lot of sense.

  • @MrMarkwill62
    @MrMarkwill62 ปีที่แล้ว

    Good honest talk

  • @kevinmaxwell7761
    @kevinmaxwell7761 6 หลายเดือนก่อน

    I get 47 mpg average with my driving in my 2022 RAV4 Hybrid XSE. I love it and don’t have to worry about finding charging stations. It also goes 620 miles per tank of gas.

  • @ClaudioAguileraMunoz
    @ClaudioAguileraMunoz 6 วันที่ผ่านมา +1

    in my country (Chile), the cost per kwh in low-speed normal plug is around $100clp (US$ 0.11). Leaving the car charging at night gives me a full battery charge with US$8.5 ... that's $0.017 per mile, or, in the example, only $1.190 in 5 years. I believe that the big advantage of pure electric vehicles is that you can charge them like a phone. The cost is ridiculously low.

  • @jodydewey3516
    @jodydewey3516 ปีที่แล้ว +3

    Can you run the numbers with the plug in RAV4 (2023 Toyota RAV4 Prime)? I would think that since the Plug in Hybrid can go 42 miles on electricity that it could be factored in and reduce the TCO for the RAV4.

  • @67daltonknox
    @67daltonknox 7 หลายเดือนก่อน +1

    At my Mammoth condo electricity is 40c/kWh. That means that in the snow and ice, the fuel costs of a RAV4 and Model Y are similar. Throw in that installing a 240V 40A power line will cost $2,000 and I will have to get home owners insurance with a $1,000,000 cap at $900/year, that adds $9,200 over 8 years after which the Model Y drive train warranty will expire making the car almost worthless, whereas a RAV4 will go on running without much extra cost for years.

  • @stephenrobertson2636
    @stephenrobertson2636 ปีที่แล้ว +2

    your insurance cost screen showed opposite costs as compared to your verbal description. So, which was correct?

  • @groovekay3858
    @groovekay3858 ปีที่แล้ว +63

    Cheaper aside. Think Tech and speed, I had a brand new Lexus RX before my MYP. Listen I have never own a car I’m always looking forward to drive like my Tesla. I look at it all the time through my windows in the office. And sentry mode on my Tesla app. Why I’m I so obsessed? Because it’s not just a car it’s big toy. If you love fun to drive cars then you are wasting your time still looking for anything else. If you still think chrome trim and shiny buttons, gloss console, quilted seats are luxury then Tesla is not for u.

    • @IDNHANTU2day
      @IDNHANTU2day ปีที่แล้ว +3

      I really love my MYP. Now I'm waiting for my Aptera. BTW, want make people laugh when you see them around your Tesla on Sentry Cam? Push the fart button and enjoy their reaction.

    • @niceguyrides
      @niceguyrides ปีที่แล้ว +4

      My RAV 4 can take me to the mountains on some pretty washed out roads that would highside a Model Y… could care less about 0-60 times.

    • @groovekay3858
      @groovekay3858 ปีที่แล้ว +11

      @@niceguyrides good for you. Nothing wrong with using your car for a specific adventure. I’m talking to the ones that’s looking for Evs and love tech as well. This is not for you

    • @markotrieste
      @markotrieste ปีที่แล้ว

      Buttons. I want buttons that I can switch without taking the eyes off the road.

    • @groovekay3858
      @groovekay3858 ปีที่แล้ว +6

      @@markotrieste Good for you if that’s what you want. there is something call voice commands it works well too

  • @robertt1336
    @robertt1336 ปีที่แล้ว +8

    Nicely laid out. I agree, the model y is worth extra. Cost of installing a charging system at your house may be a couple k more, but as you said with state/local incentives, this helps lower the Tesla below the Toyota. Illinois offers $4,000 on top of federal 7.5k… comes to an 11.5k tax benefit! A 54k model Y is only $43k here!!!

    • @darwinboor1300
      @darwinboor1300 ปีที่แล้ว +2

      We have 2 Teslas. Cost for home charging installation $450. Would have been less but we had a 50 foot run from our junction box.

  • @alexkimmerly9490
    @alexkimmerly9490 ปีที่แล้ว +7

    I love that these vehicles are being compared now - Tesla vs. ICE - just on price. These are the competition now that Tesla has come down into this price point. If I made the video, I would have been a little more biased and included some safety stats. Hopefully this opens some people's minds and they end up test driving both.

    • @markotrieste
      @markotrieste ปีที่แล้ว +2

      You are right. Wonder how often does a RAV4 shadow-brake.

    • @rogergeyer9851
      @rogergeyer9851 ปีที่แล้ว

      alex kimmerly: NOT just on price -- on cost of ownership.

    • @LunnarisLP
      @LunnarisLP ปีที่แล้ว +3

      @@markotrieste I guess you are trying to make a joke about phantom breaking with the autopilot here, but RAV4 probably doesn't have a system with similar capabilites to the autopilot every Tesla driver can use for free. Yes phantom breaking exists still sometimes and can actually cause a problem, but this is extremely rare. Let's not forget for every incident you read about in the news there are a million cars having a nice travel with no incidents using autopilot.
      And as it is with every single driving assistance feature you still should be an attentive driver. But this isn't just for Tesla, but really for every system offered by any carmaker nowadays.

  • @enriquejimenez8322
    @enriquejimenez8322 ปีที่แล้ว

    Good review

  • @timram3766
    @timram3766 ปีที่แล้ว +3

    Great comparison; however in Europe, specifically in Germany, model Y has cost advantage already from the start; after governmental incentives for BEVs of 4500€, it costs 52.820€, while a similarly speced Rav4 Hybrid in Lounge edition costs 57.000€. Taking into account the same mileage of 14k miles a year, which translates to 112.000 kilometers in 5 years and a WLTP consumption of 16.9 kWh/100km for Model Y, this brings us to an overall consumption of 18.928 KWh consumed. With electricity prices for households in Germany averaging around 0.45€/kWh and Supercharger prices around the same level, total electricity costs results in 8.517€. Now, the RAV4 is rated at 5.6L/100km according to WLTP, with an average gasoline price of 1.75€/L it would amount to 10.976€ in 5 years. Depreciation is another issue in Europe and apparently massively differs from that of the US market. While highly speced cars depreciate way more than basic models, it can be retrieved from Toyota’s financing plan, that residual value after 5 years with that amount of miles on the clock would range somewhere around 40%, meaning the car lost 34.200€ in value, not even taking into account all possible governmental restrictions for fossil fuel cars in near future. For Model Y, deprecation is somewhat more difficult to predict, however, a direct comparison with Model 3 depreciation, can provide a fairly reliable depreciation numbers for model Y as well, i.e. somewhere around 50% after that mileage and age, meaning the Model Y lost around 26.410€ in value throughout the years. This brings us to a total cost of 34.925€ for the Model Y or 0.31€/kilometer, and 45.176€ for RAV4 Hybrid or 0.40€/kilometer. The costs of mandatory oil changes and yearly inspections at Toyota dealerships which can amount to nearly 2000€ in 5 years and yearly vehicle tax (BEVs are exempt) of 635€ in 5 years still disregarded. Including those, total costs for the RAV4 would amount to 47.811€ or 0.427€/ km, making the RAV4 37% more expensive to run than the Model Y. With rapidly growing acceptance for BEVs in Europe and steady decline in sales of ICE vehicles, the overall costs for RAV4 could be even higher

    • @markotrieste
      @markotrieste ปีที่แล้ว

      With 57k€ you get the RAV4 PHEV, which will use way less fuel. The most expensive HEV RAV4 is about 50k€.

    • @timram3766
      @timram3766 ปีที่แล้ว

      @@markotrieste A Non-PHEV version of RAV4 Hybrid Lounge 4x4 is listed at 56.590€ in Germany, with metallic paint added which is standard (white metallic) with Model Y, it costs 57.380€. And the estimated WLTP consumption is rated at 6.0L/100km which is even more than what used above for calculation. The PHEV version is listed at 66.790€.

  • @albertiwong
    @albertiwong ปีที่แล้ว

    comparing to a RAV4 Prime would be more of an interesting comparison; PHEV(plug in) can be functionally fully electric for urban dwellers that does short trips daily. On long trips, RAV4 sips gas, shorter travelling time (gas station vs charging station).
    One question about retrofitting to newer batteries; cost will be high. In 10 years, The cost of lithium cells will be at least 4x . If the industry move to a newer chemistry. Tesla will offer a retrofit, but who knows what the cost would be.

  • @VinnieAtlanta
    @VinnieAtlanta ปีที่แล้ว +25

    Good analysis but there are too many variables to consider; law, gas price, mining for lithium, and unknown future changes. I would pick the Rav4 Hybrid for dependability, no range anxiety, and it's easier to fix if there are any accidents or any mechanical failure, and it's a more a tradition car.

    • @mrspeigle1
      @mrspeigle1 ปีที่แล้ว +2

      Rav 4 would be less reliable and harder to fix, your talking about a much more complicated machine than the tesla. As for the range issue if you're still having anxiety with 244 miles of range and access to the supercharger network I don't think anything is gonna convince you.

    • @MainInternetUser
      @MainInternetUser ปีที่แล้ว +4

      @@mrspeigle1 « Less reliable » Tesla is the WORST manufacturier in reliability (EU numbers), and Lexus and Tesla (same brands are in the top 3 best), and the 2nd best is Subaru and Toyota the 2nd biggest shareholder of it. Tesla are unreliable as hell then Toyotas are the best out there

    • @flawns
      @flawns ปีที่แล้ว +2

      NO RANGE ANXIETY!!! should be the number one thing

    • @bmw803
      @bmw803 ปีที่แล้ว

      Good points. Also, what amazes me is the "no need to stop at gas stations" advantage? Since when it became a burden to stop at a gas pump for 5 mins ( or less ) and leave? There are 168,000 gas stations in the country. Multiplied by 4 ( or more ) pumps per station. This means more than a million gas pumps vs 130,000 EV chargers. Looks like gasoline pumps are WAY more convenient and plentyful.

    • @miltonhayek2494
      @miltonhayek2494 ปีที่แล้ว +1

      @@mrspeigle1 Yea. Because Teslas are known for being the simplest cars to fix! LOL! Plus the hybrid engines are amazingly solid. I've given up on trying to reason with EV evangelists.

  • @nellztheking2832
    @nellztheking2832 ปีที่แล้ว +2

    If your in a state that Tesla insurance doesn’t cover, the insurance will be much more for the model Y. Also most new Toyotas has $0 cost maintenance for 1st 2 years. The model y is nice but in almost all cases (except living in cali) you are going to save more with a rav4 hybrid.

  • @Sebbuz11
    @Sebbuz11 ปีที่แล้ว +1

    I don’t know about US but where I live, Toyota is giving a 5 year warranty extendable to 15 years. Plus you should consider that the rav4 has more range. So better practicality.

  • @DougJessee
    @DougJessee ปีที่แล้ว +5

    You also need to add several packages to add features that are included in the Tesla that you have to get as a ‘package’ to get on the RAV4.

    • @pdd3
      @pdd3 ปีที่แล้ว

      You can't get cooled seats on the Tesla at any trim level.

  • @Vintage_Dave_T
    @Vintage_Dave_T ปีที่แล้ว

    Is a hybrid eligible for some federal tax credit? Installation of a home charger adds costs. I’m a MY owner. My home energy cost in Washington state is 0.11 cents/kWh (about 30% less than used in your example) and regular gas is $4.05/gal (also more than your example). I think I’m coming out way ahead. Thanks for you video.

  • @michaellowe3665
    @michaellowe3665 ปีที่แล้ว +8

    Fuel cost in EVs goes way up if you don't charge at home. In some cases, it gets close to the cost of a tank of gas. To hit these numbers, you have to drive enough miles to take advantage of the cheaper electricity, but not so many miles that you charge most of the time at commercial chargers. The maintenance cost for the Toyota is for those people who treat their car as an appliance. If you change your own oil, fuel filters, and air filters, that cost goes down to $50/year plus tires. Also, if you are really concerned about cost and you drive a lot, then you get a corolla or similar, and there are no EVs that can compete at that price point. As for the "greener" angle, the Tesla costs more for a reason. It takes more energy and resources to produce. The fact that it needs tax incentives to bring the price down to make it comparable means it is probably worse for the environment than its cost suggests. If the environment is your top concern, then buy the smallest, lightest car with the fewest number of electric actuators and gadgets in it. The cobalt mining slaves in Africa will thank you. If you want a Tesla because you like it, buy one. It's not saving money or the planet.

    • @economistfromhell4877
      @economistfromhell4877 ปีที่แล้ว

      A lot of wrong thin king in your comments. The US Govt tax credit is to encourage consumer uptake and lift the EV industry production run rate so that overall costs per unit fall. Thats it. Fortunately Tesla is doing this all on its own. You claim doing your own mechanical work saves money? Seriously if you do your own work and value your time at zero you may save but I doubt you value your time at zero. Of course with a EV there is no maintenance beyond tyres and electricity and wiper water......so that's a wash! Hence a ICE car costs more to maintain than EV by a much larger margin than claimed here. Musk also pointed out that US dealers and car companies make the money from parts that Tesla engineers out as does any smart EV company (there are some dumb one out there of course - capitalism will sort out the weaklings here?). Electricity costs are coming down due to renewables coming on the grid - of course in the SU you have energy monopolies gouging you between solar panel and car - but if that is how Americans want to run their country you can hardly blame EVs for bad public policy (personally I would blame the GOP & MAGA). Most driving is done from home where many can have home charging and systems are coming to allow others to access cheap renewables at home. The proliferation of charging spots everywhere like shopping centres will see energy being sold at low margins to draw customers into stay whilst charging. Same at many other locations like your workplace. SO electricity costs are not the bug bear you claim - but feel free to still pay fossil fuel monopoly prices if you wish....

    • @michaellowe3665
      @michaellowe3665 ปีที่แล้ว +4

      @Economist from Hell Tesla fan boys always chime in. There is a lot of bias in your comments, but not any data or solid reasoning. I own a toyota that I bought used. I replaced the struts, shocks, and a door actuator motor when I bought it. The actuator motor costs me $6, and the struts/shocks were a couple hundred. These are both items that wear out at the same rate or faster in an EV. Tesla is not "right to repair" friendly, so those same parts would be thousands to fix on one of their cars. Other than that, I have only had to change oil for the last 20k miles. That costs about $25 each time, and I can do it in less time than most people spend driving to and from a service shop. I actually spend much less of my time, because i do my own maintenance. I will easily drive this car another 100k miles without spending $2k on maintenance.
      EVs used to have an expiration on the US Federal tax credit. This was, as you said, to give makers a chance to reach production levels to achieve a scale of economy so they could bring prices to parity with ice vehicles on their own. This still hasn't happened and may never happen because the government just gave them a new credit that doesn't expire. Meanwhile, ICE vehicles are being penalized by the government with gas taxes to pay for roads. EVs freeload off of the gas taxes paid by ICE drivers.
      EVs aren't getting cheaper, because they rely on scarce materials that aren't being recycled. The more EVs they build, the more the materials cost. They are working on replacements for those materials, but they aren't here yet.
      This is why there is no $25k 200+ mile EV available. They can only get those range numbers in overpriced faux luxury vehicles that have high markups already. They have to bury the cost of those materials in markups for options that nobody really needs.
      Electricity is not getting cheaper due to renewables. Most places charge you more if you want it to come from renewable energy. It's not free, it's a trade off. Materials and maintenance replace the cost of fuel.
      I'm not completely negative on EVs. I would like to have one, but not what I see on the market today. They aren't going to meet my needs. Aptera looks like a good option. They claim all the right specs and make the right promises, but broken promises are much more common than usable EVs. Even Tesla has more vaporware models than real ones.

    • @ShamanNoodles
      @ShamanNoodles 10 หลายเดือนก่อน

      Such a fantastic argument. True and well said.

    • @JohnSmith-pn2vl
      @JohnSmith-pn2vl หลายเดือนก่อน

      fuel cost is just one part of the cost, there is only one cost that counts, and that's the total cost of ownership.

  • @kaladharsriadibhatla5432
    @kaladharsriadibhatla5432 8 หลายเดือนก่อน

    I liked the way you explained it, it makes sense why Model Y is the right choice.

  • @lukebrinsmead
    @lukebrinsmead 2 หลายเดือนก่อน

    You forgot to add the home charger to the purchase price of the Tesla.
    In Australia the RAV4 hybrid capped service cost is $230 per year or $1,150 for five years. This service includes genuine parts/products and labour.
    Check your chart for insurance costs, it doesn’t match what you said.

  • @Tanstaaflitis
    @Tanstaaflitis ปีที่แล้ว +29

    Nice comparison. I'm currently researching these vehicles for my own purchase. Though in my case the MY is roughly $100/month more expensive, even with lower electricity and similar insurance costs. But still, I don't think that's too much higher given the MY is both nicer and safer.

    • @calmorton4619
      @calmorton4619 ปีที่แล้ว +1

      "...and safer." And will retain it's value better than its competitors if history is any measure. The crushing element here is very few if these competitors will survive if they cannot ramp, even if they have Lucid-like specs. "How many units/day?" is the* decider ...that puts you in the dessert, yes?

    • @Remotesteve2
      @Remotesteve2 ปีที่แล้ว

      Do you have residential solar for home charging?

    • @Tanstaaflitis
      @Tanstaaflitis ปีที่แล้ว +3

      FYI, waiting on the MY. Took the plunge.

    • @Tanstaaflitis
      @Tanstaaflitis ปีที่แล้ว +1

      @@Remotesteve2 No. Unfortunately, I have the issue where my electric rates and usage are cheap enough that solar doesn't make sense on a cost savings basis. It would take 25+ years to pay for itself under optimistic conditions. I improved the insulation of my home and purchased a very efficient heat pump since I live in a cooling dominant environment. Got rid of all gas appliances.
      I am, however, considering a battery and inverter for backup through outages and maybe peak shaving to get somewhat lower rates. A small amount of solar for water heating might make sense.

    • @Remotesteve2
      @Remotesteve2 ปีที่แล้ว

      @@Tanstaaflitis if you get the model y and a home ev charger you’ll probably spend enough where you save with solar

  • @LunnarisLP
    @LunnarisLP ปีที่แล้ว +16

    I think not only the "features" but other factors should be considered too. The Model Y is one of the safest vehicles ever tested by european ncpa, and has a 5 star rating across the board in it's NHTSA test. It's basically the safest vehicle you could possibly own right now. Especially if I had a family I would given the pretty much even price go for the saver vehicle. I think even if it was liike $0.55-$0.60 I would still opt for the Model Y. Just feels good to know that the driver+passengers safety has the highest priority for Tesla. People talk a lot about them e.g. taking features like lumbar support away, but with Tesla at least I know they wont ever compromise safety for profits. With other carmakers I'm not sure, the Rev 4 for example only achievs 4 stars in frontal crash safety with a ~16% rollover risk compared to the ~10% of the Model Y.

    • @KevJDunn
      @KevJDunn ปีที่แล้ว +3

      RAV4 has a 5 star safety rating too.

    • @josemr77
      @josemr77 ปีที่แล้ว +2

      Do you guys don’t experience phantom braking in the EU? I have almost been rear ended at least 3 times for the tesla braking for no reason in the highway.

  • @arnoldliptak2395
    @arnoldliptak2395 3 หลายเดือนก่อน

    Great video! Would you be so kind to remake your calculations while taking in consideration the data available today. Just to check the Depreciation of the cars again.

  • @murraygingrich9926
    @murraygingrich9926 ปีที่แล้ว

    I'm glad you found the insurance chart was wrong.
    Why couldn't you folks make sure you charts and numbers are correct before publishing?
    I live in rural america. I do not see me purchasing any electric vehicle. The pickup trucks do a lousy job of towing

  • @Francis.Rivers
    @Francis.Rivers 9 หลายเดือนก่อน +2

    My wife drives a modelY, i drive a Rav4 hybrid. Model Y is more fun to drive compared to the Rav4 and also electric is a bit cheaper than gas. Model Y interior also looks cleaner. Rav4 feels pretty basic.
    There’s one thing thaf i HATE about the Model Y, its the ride, its super bumpy. I wish it had air suspensions like the model S/X. Also range anxiety is a real thing esp when you go on roadtrips

  • @chendilkumar1137
    @chendilkumar1137 ปีที่แล้ว

    Can you do a similar comparison for MDX ?

  • @bacobb1
    @bacobb1 ปีที่แล้ว +7

    Great video. Thanks for all of the excellent work. I see you use average/typical data for most of your analysis. As the Tesla costs more up front and but saves on operating costs thereafter, it achieves break-even at roughly five years. After that, it's all gravy. It would be interesting for you to extend this to eight years, which is the average length of car ownership in the US. It could be measured by payback/ROI much like solar, heatpumps, etc. Thanks.

    • @bacobb1
      @bacobb1 ปีที่แล้ว +3

      Also could extend the data to well beyond eight years and chart the crossover point (roughly 5 years). The average age of cars on the road in the US is 12.2 years. I tend to hold my car over ten years, so I would expect to see Tesla as an easy choice.

    • @woolychewbakker5277
      @woolychewbakker5277 ปีที่แล้ว

      It’s the initial stupidly high initial cost that stops most from even considering it. What about charging it if you can’t charge at home ?

  • @petermadany2779
    @petermadany2779 4 หลายเดือนก่อน

    Given the current state of public charging infrastructure, my preference for a new car is: PHEV, then Tesla, then regular hybrid, then other electric car, and last any plain ICE car.
    Also, the last time I use a DC fast charger, the cost was about $0.48/kWh, which is double what I pay at home.

  • @travisnguyen7124
    @travisnguyen7124 ปีที่แล้ว +3

    Why didn't you straightaway use the "total 5 year ownership costs" numbers from Edmunds at 7:48 and 8:16? It has most of breakdowns you need including insurance, financing, depreciation, and fuel. It almost feels like you wanted to handpick numbers from sources that favor Tesla.

  • @arturoescorcia
    @arturoescorcia ปีที่แล้ว +1

    There's one thing that you can't really compare and has a huge impact on all of this: Tesla's reliability can't really compete with Toyota's.
    Tesla is not doing very well in terms of reliability and the Model Y in particular is their worst offender while the model 3 is their most reliable one.
    Toyota on the other hand is KNOWN for being the most reliable car brand in the world and their RAV4 is the most sold SUV in the world.
    Just throwing some facts there for you to consider.

  • @b2b2309
    @b2b2309 ปีที่แล้ว +6

    There is one key factor that is not mentioned. Though it really depends on the driver. The key factor that is probably need to be factored is TIME. If the driver do drive long trips quite a bit in year. Charging time maybe longer than filling a gas considerably. Sure there is a charging station, but if too many drivers charging then the output to charge your EV will be like charging at-home. If TIME is very important to the driver then I would think it is obvious that Hybrid or ICE is the choice. Sharing this experience since this key factor is not being mentioned by many EV bloggers.

    • @calmorton4619
      @calmorton4619 ปีที่แล้ว

      TIME is important and so the 5 yr period is* conspicuous: only one of these cars is going to get OTA updates (possibly longer than 5 yrs) and a 10 yr period might really make the ICE car look bad. In 15 yrs will we see any ICE cars?

    • @Vazzini42
      @Vazzini42 ปีที่แล้ว +2

      The EV would typically charge at home or possibly during shopping trips and such and generally would save time for most of the year when using for basic commutes. That's a lot of time not going to the gas station weekly. I think it outweighs or at least balances with the extra stops and time changing on the rarer long trips and charging an EV.

    • @elmo1220
      @elmo1220 ปีที่แล้ว

      The model 3 long range was great for our road trips. From Los Angeles to Utah, total stops to charge added an hour and 45 minutes. But these are stops I would have made regardless. Once in Eddie’s World, which I always stop to use their restrooms, once in Las Vegas, which was out lunch break. And then once somewhere in south Utah. The Utah stop was like 25 minutes for most of the charge.

    • @whorhaydelfuego7190
      @whorhaydelfuego7190 ปีที่แล้ว

      Sure charging the electric on those rare long drives that surpass the range will take longer. But on the other hand you don't have to make those weekly, or more frequent, gas station stops. Charging at home will save a ton of time wasted standing around waiting for gas to pump that everyone already does.

    • @chrishaberbosch1029
      @chrishaberbosch1029 9 หลายเดือนก่อน

      I save a ton of time per year by not getting gas or oil.

  • @ngarci8040
    @ngarci8040 11 หลายเดือนก่อน

    I’m in the market for either a 4yr old UX hybrid or a 4/5yr old model 3 awd…. Thoughts please…!

  • @SirTrizzle
    @SirTrizzle ปีที่แล้ว +2

    Ever heard of deal mark ups? It’s crazy in the Bay Area. Besides costs, the Tesla wins hands down if you mentioned the creature comforts and performance. Car is nice and warm when I go to work during the winter, or cool during the summer. Autopilot for commuters. Factor that one in too.

    • @PostprandialTorpor
      @PostprandialTorpor ปีที่แล้ว

      Really he should have supplemented his research data by calling up a few Toyota dealerships

  • @percurious
    @percurious ปีที่แล้ว

    Hi Jon, thanks for sharing! Question: Doesn't the Hybrid RAV4 also qualify (at least in part) for the IRA bonus?

    • @Tanstaaflitis
      @Tanstaaflitis ปีที่แล้ว +2

      Apparently not as neither it or its battery are assembled in the US. I tried to investigate earlier this week as I'm in the market for one of these vehicles.

    • @percurious
      @percurious ปีที่แล้ว

      @@Tanstaaflitis Thanks for the info! I would have assumed they would build it in north america too, as it seems to be a good selling vehicle. Not in the US myselft.

    • @bzu4113
      @bzu4113 ปีที่แล้ว +1

      The hybrid RAV4 is not a plug-in does not have a large enough battery to qualify tax credit even if it is made in US. The Prime RAV4 is a plug-in and may qualify if made in US but it is much more expensive and also has a big dealer markup.

    • @percurious
      @percurious ปีที่แล้ว

      @@bzu4113 Thanks for the info! Did not think of that possibility ... in this century... ;-)

  • @googleuser211
    @googleuser211 ปีที่แล้ว +7

    Comparing the PRICE and the Convenience being the main factor for me - Rav4 all the way! Woodland edition.

  • @DavidTran-hf3hn
    @DavidTran-hf3hn 11 หลายเดือนก่อน

    Would you be able to do a video on the RWD model Y

  • @wabio
    @wabio ปีที่แล้ว +10

    It all depends on your own personal situation. If you live in CA, where gas is expensive and the sun is always shining.......and you have solar panels on your home, then electric is the better financial decision especially if you only drive short distances daily. But if you live in an area prone to cold winters and must drive long distances between cities like from Milwaukee to Green Bay, Wisconsin......I think a gasoline-hybrid is the more logical choice.

    • @gordongekko4752
      @gordongekko4752 ปีที่แล้ว +2

      1. When I bought a Tesla MY, I immediately applied for TOU = Time Of Use rate with my energy company. TOU is sometimes called EVRR = Electric Vehicle Rate Reduction. My energy company reduced my per kWh rate for my entire home. I currently pay in the summer, 1 June to 30 September, from 7pm to 1pm (Note: Peak hours and rate is between 1pm and 7pm during the summer.) $0.6944 per kWh. In the winter, 1 October to 31 May, all day, entire home, I pay $0.7651 per kWh. When I asked my energy company, "Who is paying for this rate reduction?" They replied, "Everyone who does not own an EV and apply for TOU."
      2. Also, when I bought my MY it was free. Have you researched federal, state, county, city and energy company incentives? Plus I am a Tesla shareholders. Add 5 for 1 stock split in August 2020 and 3 for 1 stock split in August 2022. But you never sell your Tesla shares. You get a simple interest automobile loan. Got mine with my credit union. I borrowed $48K, 48 months, 1,99% APR, monthly principal payment of $1,000.00, monthly interest payment of $42.00 = $1,042.00 per month. Never get an installment loan. Always ask for an amortization schedule. If you pay more in interest than principal, you are getting screwed. Never pay interest on interest.
      3. My first job was in a bank.

  • @ac-stingz
    @ac-stingz ปีที่แล้ว

    by horsepower, performance, weight, and interior space, it is more like an Audi SQ5 or BMW X4.
    For RAV 4 it would be the Rav 4 Prime be a closer match in term of EV as criteria

  • @yormanmirabal5108
    @yormanmirabal5108 ปีที่แล้ว

    Very nice ! There multiple edge cases though, for example, for home owners with solar panels Model Y it may seem to be no brainer over the Rav4 hybrid given that the car can be charged using the sun. And the more daily miles driven the better.

    • @JohnSmith-pn2vl
      @JohnSmith-pn2vl หลายเดือนก่อน

      it is always a no brainer, hybrid is insanely expensive and inefficient.

  • @bradtrades
    @bradtrades ปีที่แล้ว +2

    What you’re not considering is the hassle in the event you want to go on a road trip. With the Toyota you stop 5-min for gas and you’re back on the road. Not in anything electric. If you never leave town electric is fine.

  • @kevinroberts8441
    @kevinroberts8441 2 หลายเดือนก่อน

    Also consider time of use in the winter your going to spend the same amount to charge but only get half the range

  • @mactibi
    @mactibi ปีที่แล้ว +1

    A very good comparison. It would have been much better to estimate the cost of a solar system with its own charger and a battery pack if it happens to be necessary.

    • @oldgunowner
      @oldgunowner ปีที่แล้ว

      Also this did not include a battery backup.

  • @nathanielrundle262
    @nathanielrundle262 ปีที่แล้ว

    At ~2:30 you predict that the model Y will continue to qualify for the full $7500 tax credit after the March ruling. I think a lot of us would be really interested in a deeper analysis of this question. Part of the requirement is not only that the batteries are assembled in the US but also that the materials for the batteries are sourced in the US. Given that, are you still confident in your assertion? This would be a really interesting topic to dive into in a future video, hint, hint.

  • @APatchworkCanvas
    @APatchworkCanvas ปีที่แล้ว

    Part of my job in my construction business requires me to bring my office on the road with me. Previously in my gas car I would have to pull over in random parking lots and update invoices, send quotes, etc. with my Tesla I just stop at a free destination charger and run the ac while I do my work and charge!

  • @Silvia89T60
    @Silvia89T60 ปีที่แล้ว +1

    The deal breaker on why I didn’t get a Model Y was that the insurance cost was double the price of what a 2023 Lexus 350h Hybrid costs. Teslas are easier to total out in simple fender benders. Plus I don’t have to deal with charging lol

    • @ShamanNoodles
      @ShamanNoodles 10 หลายเดือนก่อน

      Also, excise tax costs can be significantly higher depending on where you live.

  • @fb341
    @fb341 9 หลายเดือนก่อน +2

    Thank you for the analysis. While I’m a big proponent of EVs in general, I don’t understand why such analysis only considers the basic cost of electricity per kWh when there are other electricity fees to be considered. For example, in my area, the basic service supply rate is $0.33/kWh, but that does not include the other fees, which total about $0.15/kWh. So, our effective electricity rate is $0.48/kWh. I’m sure many other states also have various fees that contribute to the per kWh rate. Therefore, you cannot only consider the cost of the basic service supply rate. What’s your thought about this?

    • @StewartMidwinter
      @StewartMidwinter 4 หลายเดือนก่อน

      My thought is that, even if you don't own an electric vehicle, you still have to pay the fixed charges for the connection to your home, and such it's not fair to add them into the cost of wanting electric vehicle.

  • @budgetaudiophilelife-long5461
    @budgetaudiophilelife-long5461 ปีที่แล้ว

    THANKS JON, 🤗 for sharing this with us, but this also begs the question ??? How much value do we put on the SAFETY…Now and in the future when FSD is available 🤷‍♂️💚💚💚

    • @dr-k1667
      @dr-k1667 ปีที่แล้ว

      Even without safety Autopilot helps increase driver safety and the car itself is THE SAFETEST so... if you add in that there is no better car to drive at any price point than a Tesla.

  • @Channelscruf
    @Channelscruf 2 หลายเดือนก่อน

    Thanks for the data. My instincts turned out to be correct.

  • @m8596hk
    @m8596hk 10 หลายเดือนก่อน +1

    For people at cold place, the fuel cost per mile is much higher. It could even be doubled.

  • @tonyadamson2610
    @tonyadamson2610 ปีที่แล้ว +1

    Great comparison, but check your insurance slide and commentary.

    • @Cleanerwatt
      @Cleanerwatt  ปีที่แล้ว

      Thanks. What I said in the video is the correct number and the slide has the car models switched.

  • @jorgechidote
    @jorgechidote ปีที่แล้ว

    I wonder how much it would change if you bring the rav4 se prime 🤔
    Cause that car would also qualify for the incentive

  • @MikeCasey311
    @MikeCasey311 ปีที่แล้ว +4

    I won’t consider any EV that doesn’t have a Tesla charging port.

  • @ssilversgs
    @ssilversgs ปีที่แล้ว +10

    I think you should have included some items that really all new Tesla owners need, like a level 2 charger.... However, if someone has a long commute or for some other reason drives more than 15,000 miles per year, the case for the EV gets even more compelling. Also, you cannot figure in such things as the fact that the Tesla is a safer car to drive, gets over-the-air updates, the time potentially saved by home charging each night instead of going to gas stations, and Tesla's software features.

    • @InPursuit2023
      @InPursuit2023 9 หลายเดือนก่อน +1

      Maybe. The other side of the argument is that if you travel over 15,000 miles per year, you may have to use the more expensive electricity from the supercharging system.

    • @MikeLuca
      @MikeLuca 6 หลายเดือนก่อน

      I drive @18k per year. 99% of the time I’m home at night charging cheaply in my garage. I think I hit the supercharger 3 times last year. Commute is not the same as road trip. That said, if I didn’t have a garage or some L2 charger at home the value prop diminishes quite a bit.

  • @endthefedandnwo
    @endthefedandnwo ปีที่แล้ว +5

    Another thing you didn’t consider is cost of installing a level 2 charger in the home which for some could be quite expensive. Depending on how long the cabling has to be ran to the electrical panel.
    Also you considered the cost for fuel can increase, you didn’t consider the cost of electricity increasing. Electricity cost never goes down from grid sources.
    In California, we’re already having brown outs where they cut the power to areas at certain times due to not enough electricity. The more people switch to EVs, the larger strain on the electrical grid which could result in you not being able to charge your car and ultimately be stuck not being able to go anywhere. The greater the demand for electricity will also increase the cost per kW over time

    • @michaeldautry
      @michaeldautry 9 หลายเดือนก่อน

      If a gas station runs out of power you can’t pump gas either. I understand what you are saying here but I just totally disagree.

  • @froy_boyproductions8488
    @froy_boyproductions8488 ปีที่แล้ว

    Thank you ! And you hear that. A Tesla is similar to a rav 4 xle. I’ll give ‘em xse. And they were trying to charge high price. Tesla. No ventilated seats. 37k fully loaded Kia hybrid. Has it. That’s just an example. Hype for this video. Lol I love both cars so I’m just saying Tesla needs to offer more
    For the dollar.

  • @richardshultz6834
    @richardshultz6834 ปีที่แล้ว

    You should the Tesla Y campare the Subaru suv thing.
    I think this would be a more apples to apples comparison

  • @aa19nn
    @aa19nn 7 หลายเดือนก่อน

    which one has a quiet and soft ride?

  • @matthew4725
    @matthew4725 ปีที่แล้ว +5

    So, I own a 2022 RAV4 Hybrid Limited...and I wish I had waited for the model Y price drop :(

    • @cifey
      @cifey ปีที่แล้ว +3

      We have M3 and RAV4 hybrid.
      RAV4 would be better on bad roads and long trips and gets no extra attention which is nice.

    • @matthew4725
      @matthew4725 ปีที่แล้ว +1

      @@cifey thanks. That makes me feel better. I was thinking of getting the M3 for our sedan after I see the Highland refresh, and keeping the Rav4 for road-trips. Are u enjoying the 3?

    • @cifey
      @cifey ปีที่แล้ว +1

      @@matthew4725 M3 is great for me.
      Relatively Sporty to drive even for the RWD.
      1 pedal drive should be the standard for all vehicles as it's safer than auto creep.
      It has some learning curve, so
      not everyone will just hop in and go
      like I did.
      Needs better usability
      about stuff like
      Locking the doors,
      What gear it's in,
      AC adjustments
      User Profile switching
      Once you get used that it it's ok.
      ICE engines seem old fashioned at this point..

  • @wabio
    @wabio ปีที่แล้ว +3

    I also heard that some states will start charging higher registration costs on EV's

    • @simongross3122
      @simongross3122 ปีที่แล้ว +1

      In Australia this will be the case. There will be a per-kilometer cost (or tax) because the state can't collect any taxes from petrol or diesel that nobody is buying.

    • @rogergeyer9851
      @rogergeyer9851 ปีที่แล้ว +1

      Jackson T: At some point they HAVE to charge BEV owners some sort of mileage based fee to pay for the roads, unless they plan to go to something completely different, re taxing for road maintenance.
      But things change over time -- not just that.

  • @hitendramahida
    @hitendramahida ปีที่แล้ว

    I own 2 yr old rav4 xle and thinking it trading to model Y due to recent price cut as gas would basically pay for monthly loan after trading cost. Love everything about Tesla other then range anxiety and ride quality.

    • @hitendramahida
      @hitendramahida ปีที่แล้ว

      @@rajendramodusu5980 first of all it all depends I. Your personal scenarios and preferences.
      1) good acceleration , mileage , lower depreciation at this price , spacious interior with glass sunroof , filled with tech and upscale feature with future updates at no cost , minimalist design, lots of storage , futuristic vehicle , brand image
      Trade off - subpar build quality , firm suspension , coverage of super charger ,

  • @jasonquito9156
    @jasonquito9156 ปีที่แล้ว +1

    Hi, I just ordered 2023 model 3 rwd and it cost me 45k plus in total 5.44 % interest rate and live in new jersey you get $4,000 state discount up front plus to state tax around 6% and I'm qualified for the $7,500 federal tax credit total savings is around $15K and total cost after all credit is $32,000 plus. Rav 4 prime cost $45,000 to $51,000 at the dealership plus you have to pay state tax and No state credit and federal tax credit thanks I apologized for my writing and wording.

  • @ed2023bc
    @ed2023bc 11 หลายเดือนก่อน

    Nice video, but 5 years old MSRP for Model 3 was much higher than todays. And no tax credit was available. That means that 30% depreciation number may be not real today.

  • @cprice5555
    @cprice5555 ปีที่แล้ว

    Very good report on your part. I'm considering these two cars right now. In reading the comment section, it's clear that your audience is very pro-Tesla. Three significant points have been skipped. 1. Cost of electricity at DC fast chargers is much much higher than at home (needed for out-of-town trips). 2. No mention of the inconvenience of sitting at a charge station much longer than to top up a gas tank. 3. Our electric bills will be going up substantially when we put enough electric cars on our rickety electric grid. The grid will need upgrading and all consumers will share in the cost.

    • @bochap2127
      @bochap2127 ปีที่แล้ว

      The question is whether the DC fast charging price is cheaper than refueling with gasoline. It all depends on the price of gasoline versus the price of electricity.

  • @erichu2462
    @erichu2462 10 หลายเดือนก่อน

    Can you do the model s vs a luxury sedan?

  • @shyemkhan
    @shyemkhan ปีที่แล้ว

    you should consider installation for charger for the Tesla in your cost

  • @lenerichter8596
    @lenerichter8596 ปีที่แล้ว

    I am living in Denmark. The price of cars in Denmark is much higher than in the US do to to tax on cars (progressiv from 80% to 180 %)
    To facilitate shift from gas powered cars to EV the later have been made taxfree up to a certain value.
    The 31th of january I bought a Tesla model Y Long Range for $ 61,5k. It was taxfree except for 25% VAT.
    The Toyota RAV Hybrid With all wheel drive cost $ 93k.
    The gas price in Denmark is $7,5-8,5 a gallon.
    The electricity price for home charging is 15-30 cent/kWA. The price for supercharging is 40-50 cent/kWA.
    In januar Tesla model Y was nr 2 on the list of new registrered automobil with 481 (nr. 1 Peugeot 208 with 527).
    I predict that in february Tesla model Y will be nr 1 on the list, probably with a number 2-3 times higher than nr.2.

  • @John-en2oq
    @John-en2oq 3 หลายเดือนก่อน +1

    Can you do an updated video on this? My model Y drain battery like crazy. It was 250miles at 80% full charge. I havent touched the car in 3 days and now its sitting at 180 miles. The cost of gas and electricity is different too. Gas is around $3.7-$4 in my area and electricity cost keep rising, it is now .48cent kwh during off peak hrs. I bought my model Y long range around $65k otd and its only worth $31k now..

    • @robertg2k
      @robertg2k 19 วันที่ผ่านมา

      What are your thoughts, I'm looking to purchase a Model Y long range. The price is $31,700 and it has 34k miles. Gas in my area of California are around $5.40-$5.70, I have a toyota camry right now but I commute to work, around 75 miles one way. So filling up my gas car is around 65$ every 2 days which is about $510 a month. My job offers FREE EV charging which is why I am really looking to EV, even if I had to charge at home rates are about .31cents. What are your thoughts on a Tesla? Would it be worth it? Also I would trade my camry in EST value $17,600 bringing the total of the Tesla to around 14k🤔

  • @alby4097
    @alby4097 ปีที่แล้ว +4

    Lol I think you would be lucky to find that car rav4 for 37k. When I was looking for a rav4 hybrid xse they quoted me 45k and on the lot a their rav4 (non-hybrid) xle were already 35-36k. They talk about how the shortage in manufacturing and parts has increased their price. It’s honestly sickening how much dealerships are price gouging. Because of how expensive if would’ve been to get a rav4 hybrid I decided to go with the model y instead since it would’ve been roughly the same price if not slightly cheaper with the tax credit.

    • @Jllr04
      @Jllr04 ปีที่แล้ว

      Same! I ended up ordering one through a local dealership came out TO $33k MSRP no mark up. They wanted $41k lol

    • @lorenfok1097
      @lorenfok1097 ปีที่แล้ว

      True the dealership experience really kills the buying experience and that is where Tesla excels. The listing price is the price you pay. No secret deal add Ons or mark ups

  • @IDNHANTU2day
    @IDNHANTU2day ปีที่แล้ว

    I knew that at the end of any video with a title that ends with a question mark, I would be left with no real solid answer. Too many variables of course. I guess after viewing this video, I am going to cancel my Tesla order and save a couple cents. But in reality, keep up the good work.

    • @rogergeyer9851
      @rogergeyer9851 ปีที่แล้ว

      IDNHANTU2day: I prefer a video / presenter who is honest and realistic and admits there's a lot of complexity and variables in such a comparison, vs. acting like they have "the answer", when that will be WRONG/DIFFERENT for MANY types of car owners.
      Sill, having a good idea of numbers and trade-offs is helpful to get an idea. Over time, the advantage will shift more toward BEV's, which is why PHEV's are a great transitional vehicle, but will lose out in the long run -- it's both economics and AGW / pollution factors.

    • @IDNHANTU2day
      @IDNHANTU2day ปีที่แล้ว

      @@rogergeyer9851 but not when the information leaves you where you were before you saw the video. Apples are red, bananas are yellow. One is long the other is not. Of you like peeling bananas get the banana. If you prefer sweet tangy taste, get the orange. It is totally up to you. Did you learn anything from my advise?

  • @hrdcore5757
    @hrdcore5757 ปีที่แล้ว

    YOU LEFT OUT THE COST OF HOME CHARGER INSTAL. ALSO TEMP MAKES A DIFFERENCE AS WELL. ALSO CHARGE TIME AND IS THERE CHARGING STATIONS IF YOU TRAVEL. .

  • @georgepelton5645
    @georgepelton5645 ปีที่แล้ว +5

    At about the same TCO, I will get the Model Y over the RAV4. I expect the Model Y to outsell the RAV4 in 2023, becoming the world-wide best selling car.

    • @GTIZmoKiDD
      @GTIZmoKiDD ปีที่แล้ว

      Lol many won’t be able to afford a 58K plus car

    • @chrgav1286
      @chrgav1286 4 หลายเดือนก่อน

      ⁠@@GTIZmoKiDDLol many can’t afford 44k+ too.

  • @PostprandialTorpor
    @PostprandialTorpor ปีที่แล้ว

    I think you might be under pricing the RAV4 hybrid a litle bit. Many Toyota dealers are marking up hybrids and PHEVs 2-10k

  • @Jstars200
    @Jstars200 ปีที่แล้ว

    In Sweden - we dont have any EV incentive and teslas now sells for 20 less just after one year. Plug ins are definitley better value so I will be going back to that 👍😀

  • @randykorby2510
    @randykorby2510 ปีที่แล้ว +1

    It is nice not to deal with dealership extra fees and hassles.

  • @stephendayan628
    @stephendayan628 ปีที่แล้ว +1

    Interesting evaluation.However through past experience( i almost bought a model Y), auto insurance for a tesla in Ny is at least than $3000. that is the cheapest. Also gas is significantly more inexpensive than you estimate. Also your argument for $7500 credit is somewhat flawed since this assumes keeping price down and that would mean white car/Black interior. Most people want other colors and since this costs more,the cars prices are above the 55K limit and disqualifies a consumer for the credit.Granted TESLA COST OF OWNERSHIP is less, but you need to have realitistic analysis when you produce a video.

  • @jramontorres6142
    @jramontorres6142 7 หลายเดือนก่อน +1

    What if the comparison was made for a 10-year term instead?

  • @hingsunhome
    @hingsunhome ปีที่แล้ว

    I usually use my car for at least 10 years. Toyota do offer extended warranty for 10 years coverage for extra around $1800. Tesla does not offer such extended warranty on its model 3 and model y. Given the battery life of a Tesla under warranty is only 8 years max, while all other components will cost extra to repair once the 4 years warranty expires. Then the comparison if this video does not really show the 10 years cost of ownership between a Toyota ICE hybrid vs a 10 years cost of a Model 3 or Model Y. Also in NYC, beside the supply charge of around 12 cents per kwh, there is a additional delivery charge of 14 cents per kwh. As a result the true kwh being charged by Con Edison to any EV to be charged at home is at 26 cents per kwh, which is way higher than your posted 16.09 cents per kwh.

    • @TuanPham-yp8gb
      @TuanPham-yp8gb ปีที่แล้ว +1

      He forgot delivery charge. ( water, gas or electric) we have to pay delivery charge 😊

  • @rhiantaylor3446
    @rhiantaylor3446 ปีที่แล้ว

    Must admit I assumed the Rav4 Hybrid would be able to cover short distances without using its gas engine so you need to know typical usage requirements, (length of commute or whatever), in order to determine fuel costs.

    • @TecnamTwin
      @TecnamTwin ปีที่แล้ว +1

      With no plug, it's 100% gas powered.

    • @markotrieste
      @markotrieste ปีที่แล้ว

      Toyota RAV4 comes in HEV and PHEV variants. HEV can only cover some hundred meters in EV mode, and that energy all comes from the ICE, it's been recovered during braking or throttling. PHEV OTOH allows you to drive for about 60 km on pure EV, charged from the grid. You get the fuel economy of an EV with the range of an ICE. I love the concept, however one must bear in mind that it is more expensive than HEV and it's economy heavily depends on usage pattern.

    • @rogergeyer9851
      @rogergeyer9851 ปีที่แล้ว

      Rhian: He compared the pure hybrid Rav4, NOT the Prime PHEV with a significant pure BEV mode. Lower price, but no tooling around town without burning gasoline for more than, say, a mile at low speed on occasion.
      I actually think the PHEV would have been a better comparison -- but the video didn't do that.

    • @rogergeyer9851
      @rogergeyer9851 ปีที่แล้ว

      @@markotrieste: Wrong on the HEV capacity for BEV mode. On the interstate, down a long hill, for example, it might drive in BEV mode for a mile or so, based on the way a modern Honda Accord HEV behaves (and it uses the Toyota HEV system).

    • @patterisepi
      @patterisepi ปีที่แล้ว +2

      @@rogergeyer9851 Regular ICE vehicles cut off fuel injection on downhills also so it doesn't matter.

  • @VictoriaGomez-rf2qw
    @VictoriaGomez-rf2qw ปีที่แล้ว

    The other thing to consider is the Rav 4 hybrid will last up to 200,000 or 300,000 and Tesla y says 120,000 miles. I think that’s correct anyways.

  • @flipnblips6418
    @flipnblips6418 ปีที่แล้ว

    Why not use the rav4 prime, the plug in hybrid of the rav4 models to compare.

  • @jontanneguy4960
    @jontanneguy4960 8 หลายเดือนก่อน

    don't forget to factor in battery degradation over time. Not everyone is going to limit charging to 80-90% to protect it.

  • @ranjusranjus143
    @ranjusranjus143 ปีที่แล้ว +1

    As the number of electric cars on the roads increase, and petrol/diesel cars reduce, the authorities will start taxing EVs for road use per km, to compensate for the lost petrol/diesel taxes. The cost of owning an EV will eventually be substantially higher

  • @DC-kj3in
    @DC-kj3in ปีที่แล้ว

    What insurance company are you using to pay $100 per month to insure a brand new Rav4, XLE hybrid...that I'm sure is not paid off but has been financed? I don't know of any auto insurance company that will provide you full coverage for a non-paid off Rav4 for such a low amount.

  • @Skyrat12
    @Skyrat12 ปีที่แล้ว +5

    I actually have a 2019 Toyota Rav4 XSE Hybrid and am considering a Model Y LR. I live in Florida and am having a hard time pulling the trigger as every other car I'm considering has ventilated front seats, which I feel is a must for my next purchase. So ultimately I either wait another year and see (and potentially loose $15K when the price goes back up on the Y), or just go with something else like EV6 GT Line.

    • @johnross6314
      @johnross6314 ปีที่แล้ว +1

      I can tell you first hand (now two own two Tesla, one is model Y P), you will not miss the ventilated seats. Especially compared to the design of the latest RAV4 long trip in the south (incl FL). The Tesla seats are more comfortable, the seats do not feel hot. I have owned vehicles with REAL cooled seats (verse the hot interior air recirculating of the Toyota). They have some incremental value over traditional leather vehicle. But, with the Teslas, Tesla seat is cooler feeling in its own than the Toyota.
      I would get the glass roof mesh sun block. Low cost (around $100j easy to install or take off. You can still see they sky through it. With my shaved head, I can feel a tiny bit of sun heat that can come through the Tesla glass roof mid day highest solstice season in Florida. The sun heat is not bad. Just a preference for me. Out of a 300 mile trip the Tesla analytics suggest the mess might save about one mile of range in very hot days. Tesla has a miracle mixture of solar blocking on the roof.
      You will not ever have the desire to go back to a Toyota once you get the model Y. The excellent user and passenger experience with a Tesla cannot be matched. The goofy placement of buttons, switches, dials scattered across the Toyota dash is a hot mess. The all in one combo of the large single screen and simple steering wheel and stalk controls on the Tesla combined with automation that works is so much better. Oh, as for navigation. Say good bye to the crappy Toyota system or using Apple or Android integration. Tesla system is killer compared to any of them. Easier to use, and flat out better. Same for all the embedded “apps” on Tesla. TH-cam, Zoom and WebX integration alone are worth the move to Tesla. The sound system in the Tesla, is content quality. Compared to the Tokyo by night bull horn tin sounding Toyota. I could go on and on about the superiority of features, quality, Easter egg of fun things any Tesla has.

    • @Skyrat12
      @Skyrat12 ปีที่แล้ว

      @@johnross6314 Wow, thanks for all that great information! Not sure what you mean by “mess” for the sunroof? Is it a film I assume? I’m guessing you meant “mesh”.

    • @josemr77
      @josemr77 ปีที่แล้ว +1

      Phantom braking in Florida Turnpike will add some excitement!

  • @sammybully5030
    @sammybully5030 ปีที่แล้ว +4

    rav 4 vs model Y is like comp toyota to audi IMO if you can get a home charge model Y wins all day

  • @jacklau4644
    @jacklau4644 ปีที่แล้ว +3

    I have 2019 RAV4 Hybrid XSE and 2023 Model Y. They both have their cons and pros. RAV4 is a better made in workmanship. No repair for the last 4 years , just oil change (myself) and tire rotation. Toyota reliability is the top. I can own a Toyota for 15 years without worry. Cannot say the same for Tesla yet. Toyota tech is not as good as Tesla but good enough for everyday usage. At least it has Car Play so that I can use Waze. Tesla navigation is good (GPS), but doesn't show road closure, speed cam, traffic cop like Waze (One time add 15 minutes to my trip because of road closure not detected). RAV4 has good acceleration but can't compare to tesla. During the cold winter (under 40 degrees) RAV4 still can get 35 mpg without any problem (over 450 range the lowest). I have not get more than 200 miles between charges (from 90% down to 20%) and mostly around 160 miles the past month. Model Y will drain about 3-4 miles daily while not used during winter. Electricity is higher in NY - $.13 per kwh plus $.11 per kwh delivery cost. So it is $.25 per kwh. I have solar panels (didn't cover the usage during winter) so it does make sense to have a EV. MY is much quieter but for long trip, I would just use the RAV4. Autopilot is slightly better RAV4 dynamic cruise control (still good enough for regular driver) but Tesla lane departure avoidance disengage too easily and have to reset it. Model Y can have up to 5 phone keys plus 2 card keys which is a major plus. Most other cars only have 2 keys.

  • @grahfkarate1799
    @grahfkarate1799 ปีที่แล้ว +1

    I have a Rav 4 hybrid 2019 LE. In winter I’m averaging 34 miles per gallon and in summer 38. I’m considering making my new car a model Y. ( keeping the rav , it’s paid off and selling my 2011 civic). Insurance would go up 40 bucks with State Farm. I still need to quote other companies. Buying a Tesla is such a mystery through. Are they gonna increase prices by 10k in 2 months? Who knows

    • @JohnSmith-pn2vl
      @JohnSmith-pn2vl หลายเดือนก่อน

      this is a widespread myth, actually all vary their prices, much more frequently than tesla.
      it's just hidden and everybody talks about tesla all the time.