Should I trade in my 2022 MDX for a 2026 Model Y Premium RWD

If you got it like that then just do it. No need to go through the mental gymnastics. If not, you just ate some serious depreciation on the MDX only to do it again on the model y? No amount of gas savings will even that out.

Sorry for context I bought the MDX used and paid $34k for it a little over a year ago

First, EV savings come from charging at home at night rates. Everything else is a wash. As you can imagine, it's very little by little accumulated over time. Second, eating depreciation and sales tax and registration fees every 3 to 4 years voids any savings from gas. You can do whatever you want, and wanting an EV is a legit case. Just don't use a savings argument, as it's not the case when switching from 2022 MDX.

For sure, appreciate it. Luckily I bought the MDX used but makes sense on the registration/ tax front

I just made the jump and am coming up with errands to run so I can drive around, really enjoying the car its like driving a space ship. The costs to operate however are not as good as I hoped due to insurance. I got rid of an old 2011 Outback and got the Model Y RWD. I estimate my gas saving will be around $1,500 a year based on 12k miles, Chicago gas and electric costs, and 27.5 miles per gallon. I have a feeling it will be a little better than that based real world mileage for my old car and gas prices going up. The issue is my insurance went up about the same amount so it was a wash and it cost $2k to install a charger, assuming I save a bit on maintenance my operating costs are going to be similar with my old car.

If your MDX is paid off, financially it’s almost always cheaper to keep it. You’d be trading a car with no payment for a new loan and taking the biggest depreciation hit in the first few years. The gas savings probably won’t offset the new car cost. If you drive \~15k miles a year, you might save around $1k–$1.5k a year on fuel depending on electricity rates, which is nice but not enough to justify a new payment by itself. The EV benefits are more about convenience and driving experience. Charging at home is great, maintenance is minimal, and the Model Y is fun to drive. But purely from a financial perspective, keeping the paid-off MDX is the better move. If you’re doing it because you really want the Tesla and the payment doesn’t bother you, that’s different. But if the goal is saving money, the MDX you already own is hard to beat.

If you just want Model Y then grab it. But you're not going to save money going from a paid off car to car loan. Ps. If you get it and you're a home owner spend the money go have charger at the house. That's the real savings not super charging

Go drive one. It’s easy to do a test/demo drive with Tesla.

There’s also insurance and most likely is higher in the Y.

Why not buy a used Y off lease in the next year or so ? Bet your car will keep its value.

Definitely an option for sure. Not in a rush

I test drove one today. First time ever being in a Tesla. It’s an amazing car. Very tempting to sell my Bronco and buy the Model Y at a . 99% interest rate.

I may go drive one and see what happens lol

We sold our jeep wrangler put the equity as down-payment for 2026 premium my rwd last month. We loving it so far plus 0.99 rate is a steal this economy.

I have both a 2024 MYP and a 2023 MDX. The Acura sits unused 99% of the time. Get the MY you won't regret it.

My 2019 F150 pickup truck was giving me problems and I had to decide to either dump $10k in the truck, or, sell it for $28k. I sold it and used the entire cash as a down payment for the MY Premium RWD. Didn't want to do the mental game of investing to possibly earn marginally more returns than the interest rate. If you can afford it, just accept the cost of trading into a Tesla for a funner car. Otherwise wait until the used MY value is close to your MDX for an even swap.

Only you can answer that question. Everyone is in a different place in life. How old are you? Are you retired? If not, when do you want to retire? Do you have a lot of debt? Are you saving for your kid's college? Too many variables.

Yes