Kia EV6 vs Tesla Model Y: cost to own

Verdict, over 6 years

The Kia EV6 costs about $5,180 less

That's $72 a month. Closest matching trims: same fuel and drive where possible.
EV6 Light RWD✓ $1,147/moTrue cost
Model Y Rear-Wheel Drive$1,219/moTrue cost
2025 Kia EV6
2025 Kia EV6
Closest matching trim: EV6 Light RWD
Sticker (MSRP)$48,995
+$4,788→↓Freight, fees, HST
Drive away$53,783
+ running costs→↓− $16,942 resale
True cost$1,147/moA month to own, after resale
2026 Tesla Model Y
2026 Tesla Model Y
Closest matching trim: Model Y Rear-Wheel Drive
Sticker (MSRP)$49,990
+$4,771→↓Freight, fees, HST
Drive away$54,761
+ running costs→↓− $17,016 resale
True cost$1,219/moA month to own, after resale

Line by line

Price
Sticker (MSRP)✓ $48,995$49,990EV6 by $995
Freight and fees, before tax$3,025✓ $2,896Model Y by $129
Sales tax (HST)✓ $6,763$6,875EV6 by $112
EV rebate−$5,000−$5,000—
Drive-away price✓ $53,783$54,761EV6 by $978
Running costs, 6 years
Fuel or charging$3,060✓ $2,590Model Y by $470
Insurance (estimate)✓ $15,573$19,862EV6 by $4,289
Maintenance (estimate)✓ $5,620$5,682EV6 by $62
Loan rate6.5%6.5%—
Loan interest✓ $10,260$10,466EV6 by $206
Lost return on your money✓ $11,112$11,301EV6 by $189
Resale after 6 yrs−$16,942✓ −$17,016Model Y by $74
Total
True cost✓ $82,557$87,737EV6 by $5,180
True cost a month✓ $1,147/mo$1,219/moEV6 by $72
You pay each month✓ $1,158/mo$1,228/moEV6 by $70
Practical
Fuel typeElectricElectric—
Seats55—
Carry-ons, 2 people6Not published—
Fast charge, minutes20 (10-80%)——
Cargo behind row 2, litres690Not published—
Range, km (winter about 70%)381 (267)✓ 463 (324)—
Length4.70 m——
Ground clearance16 cm——
Resale % after 6 yrs✓ 35%34%—
US crash test5★5★—
European crash test5★ (2022)✓ 5★ (2025)—
Price
Sticker (MSRP)
EV6 Light RWD ✓ $48,995Model Y Rear-Wheel Drive $49,990Cheaper by EV6 by $995
Freight and fees, before tax
EV6 Light RWD $3,025Model Y Rear-Wheel Drive ✓ $2,896Cheaper by Model Y by $129
Sales tax (HST)
EV6 Light RWD ✓ $6,763Model Y Rear-Wheel Drive $6,875Cheaper by EV6 by $112
EV rebate
EV6 Light RWD −$5,000Model Y Rear-Wheel Drive −$5,000Cheaper by —
Drive-away price
EV6 Light RWD ✓ $53,783Model Y Rear-Wheel Drive $54,761Cheaper by EV6 by $978
Running costs, 6 years
Fuel or charging
EV6 Light RWD $3,060Model Y Rear-Wheel Drive ✓ $2,590Cheaper by Model Y by $470
Insurance (estimate)
EV6 Light RWD ✓ $15,573Model Y Rear-Wheel Drive $19,862Cheaper by EV6 by $4,289
Maintenance (estimate)
EV6 Light RWD ✓ $5,620Model Y Rear-Wheel Drive $5,682Cheaper by EV6 by $62
Loan rate
EV6 Light RWD 6.5%Model Y Rear-Wheel Drive 6.5%Cheaper by —
Loan interest
EV6 Light RWD ✓ $10,260Model Y Rear-Wheel Drive $10,466Cheaper by EV6 by $206
Lost return on your money
EV6 Light RWD ✓ $11,112Model Y Rear-Wheel Drive $11,301Cheaper by EV6 by $189
Resale after 6 yrs
EV6 Light RWD −$16,942Model Y Rear-Wheel Drive ✓ −$17,016Cheaper by Model Y by $74
Total
True cost
EV6 Light RWD ✓ $82,557Model Y Rear-Wheel Drive $87,737Cheaper by EV6 by $5,180
True cost a month
EV6 Light RWD ✓ $1,147/moModel Y Rear-Wheel Drive $1,219/moCheaper by EV6 by $72
You pay each month
EV6 Light RWD ✓ $1,158/moModel Y Rear-Wheel Drive $1,228/moCheaper by EV6 by $70
Practical
Fuel type
EV6 Light RWD ElectricModel Y Rear-Wheel Drive ElectricCheaper by —
Seats
EV6 Light RWD 5Model Y Rear-Wheel Drive 5Cheaper by —
Carry-ons, 2 people
EV6 Light RWD 6Model Y Rear-Wheel Drive Not publishedCheaper by —
Fast charge, minutes
EV6 Light RWD 20 (10-80%)Model Y Rear-Wheel Drive —Cheaper by —
Cargo behind row 2, litres
EV6 Light RWD 690Model Y Rear-Wheel Drive Not publishedCheaper by —
Range, km (winter about 70%)
EV6 Light RWD 381 (267)Model Y Rear-Wheel Drive ✓ 463 (324)Cheaper by —
Length
EV6 Light RWD 4.70 mModel Y Rear-Wheel Drive —Cheaper by —
Ground clearance
EV6 Light RWD 16 cmModel Y Rear-Wheel Drive —Cheaper by —
Resale % after 6 yrs
EV6 Light RWD ✓ 35%Model Y Rear-Wheel Drive 34%Cheaper by —
US crash test
EV6 Light RWD 5★Model Y Rear-Wheel Drive 5★Cheaper by —
European crash test
EV6 Light RWD 5★ (2022)Model Y Rear-Wheel Drive ✓ 5★ (2025)Cheaper by —

✓ marks the better figure. Resale is from used prices: the EV6 typical for its type and brand, the Model Y from its own. Their stickers differ by $995.