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Why Lease The Model Y?

Photo of Alex Bradley by: Alex Bradley

Alex Bradley is a skilled writer and digital content specialist focusing on automotive and sports. He has a degree in Multimedia Journalism and previously worked for The Northern Quota as Head Sports Editor.

Tesla Model Y Review 2023

The Tesla Model Y is an SUV version of the Model 3. Coming with excellent performance and market-leading space, the Model Y appeals to those who want a blend of power and practicality.

Rivals to the Tesla Model Y include the Audi Q4 e-tron, Kia EV6, Hyundai Ioniq 5, and Skoda Enyaq.

Tesla Model Y Pros: 

  • Massive boot space
  • Rapid acceleration
  • Excellent range  

Tesla Model Y Cons: 

  • Ride quality is quite firm
  • Poor rear visibility  
  • Handling is not as good as rivals 

Our Tesla Model Y review covers:

Tesla Model Y Key Features:

  • Coupe styling with sloping rear roof
  • Good technology and loads of interior space
  • 854-litre boot
  • Three engine choices, all using a 70kWh battery
  • Three trims: Rear Wheel Drive, Long Range, and Performance

Design, Practicality and Boot Space

The Tesla Model Y is essentially a bigger version of the Model 3, so it comes with every typical Tesla feature, such as hidden door handles, cat-eye headlights, and no front grille. However, because the Model Y is bigger, it features a sloping rear end which is nice to look at.

The Model Y is one of the most practical electric SUVs on the market. In the front, there's loads of room for both passengers for leg and headroom, and the same goes for those in the back. Those in the rear also benefit from slightly higher seats, making the Model Y comfier to sit in than the Model 3.

Tesla Model Y

For storage, the Model Y comes with large door bins and a decent-sized glovebox. The standout element is the centre armrest, which has storage underneath and in front of it, perfect for all your gadgets.

Boot space for the Model Y comes in at a whopping 854 litres, comfortably the best in its class, beating the Audi Q4 e-tron and Skoda Enyaq. There's also a 117-litre frunk, and the rear seats can be folded 40/20/40 to reveal some through loading to the boot.

Interior and Trims

The interior of the Model Y is more luxurious than it is cheap. All the materials are well-built into the cabin and feel built to last, but you won't find as many premium materials as in an Audi or Mercedes

Technology is one of the main pulls for Tesla, and the Model Y doesn't disappoint. On the dashboard is a 15-inch touchscreen infotainment system that can control pretty much everything, from the glovebox to the climate control. It also features sat-nav, web-browsing capabilities, and apps like Netflix and Spotify. One downside is that it doesn't have Apple CarPlay or Android Auto, but you can sync your phone through Bluetooth.

Three trim levels are available in the Tesla Model Y: Rear Wheel Drive, Long Range, and Performance.

All the trims come with a good range of equipment as standard, with the upgrades focused on the engine rather than the interior or exterior. The Model Y comes standard with a full-length glass roof, heated front and rear seats, advanced climate control, a 14-speaker audio system, LED lights, a range of cameras, and active safety technologies such as collision avoidance and automatic emergency braking.

Both Rear Wheel Drive and Long Range are available with 19 or 20-inch alloy wheels, with the range-topping Performance coming with 21-inch wheels. Performance also lowers suspension and adds aluminium pedals and a carbon fibre spoiler.

Power and Performance

Three engine options are available for the Model Y, all featuring a 70kWh battery. The entry-level option is Rear Wheel Drive, coming with 254hp, a top speed of 135mph and an acceleration of 0-60mph in 6.6 seconds. It has a standard range of up to 283 miles and has charging capabilities of 170kW.

Long Range is our pick of the bunch, as it blends performance and practicality. Adding a second motor to the front tyres, power output increases to 384hp, and 0-60mph drops to just 4.8 seconds. Range increases to a maximum of 331 miles and charging capabilities are upgraded to 250kW, which can add 150 miles in just 15 minutes.

For those who want total power, Performance is the choice for you. Coming with 450hp, it has a top speed of 150mph and achieves 0-60mph in just 3.5 seconds, which is insanely fast. Its range is 319 miles, but you shouldn't be too concerned about that.

Tesla Model Y side

The Model Y provides exceptional acceleration, making driving around town and on the motorway good. However, its ride quality is quite sturdy, meaning it doesn't tackle potholes and scuffs on the road as well as rivals like the Kia EV6.

Handling is also decent but feels a bit nervous when cornering at speed. However, there's plenty of grip and not much body lean to counter this. If you want a fun drive on country roads, go for the Model 3, which is much sportier.

Leasing vs Buying

Prices for the new Tesla Model Y start from £44,000.00 OTR* or to lease from £464.69 per month.

Looking to lease the Tesla Model Y? Nationwide Vehicle Contracts is one of the UK's largest car leasing brokers and offer a range of affordable leasing deals.

Leasing may be cheaper than an outright purchase thanks to a low initial deposit, fixed monthly payments, and a range of benefits included, such as road tax and breakdown cover.

*' On the road' price correct at time of publication and includes one year's road fund license, DVLA first registration fee and number plate fee. Prices are subject to change, always check with your nearest retailer.

Customer Reviews

Tesla Model Y
Average Rating Based on 11 reviews
3.8 out of 5

  • Practicality
  • Performance
  • Running Costs
  • Comfort
  • Value For Money
4.9 out of 5
Liz Tesla Model Y RWD Auto

  • Practicality
  • Performance
  • Running Costs
  • Comfort
  • Value For Money
3.0 out of 5
Wayne Tesla Model Y RWD Auto

Software issues. Expensive to insure. A waste of money!

  • Practicality
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  • Value For Money
1.4 out of 5
Ross Tesla Model Y RWD Auto

The car is awful quality and wouldn’t recommend to anyone. Problem after problem. Do not go with Tesla.

  • Practicality
  • Performance
  • Running Costs
  • Comfort
  • Value For Money
4.7 out of 5
Paul Tesla Model Y RWD Auto

The ride can be quite stiff on general roads but fine on the motorway otherwise an amazing car and best one I have owned

  • Practicality
  • Performance
  • Running Costs
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  • Value For Money
4.6 out of 5
Justine Tesla Model Y Long Range AWD Auto

  • Practicality
  • Performance
  • Running Costs
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  • Value For Money
4.9 out of 5
Thomas Tesla Model Y Long Range AWD Auto

Love the car, this was my first lease and your team has been fantastic. All good and very happy. One quick thought is that I felt changing the mileage was a bit flawed. Before delivery, I wanted to extend my annual mileage, but the cost (25p per mile) was more than the penalty (19p) at the end of the lease…

  • Practicality
  • Performance
  • Running Costs
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  • Value For Money
3.4 out of 5
Kathryn Tesla Model Y Long Range AWD Auto

  • Practicality
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  • Value For Money
2.7 out of 5
Arya Tesla Model Y Long Range AWD Auto

Not a smooth ride on some road surfaces, for the cost of the car, this is sub-standard. It's a fast car, enjoyable and comfortable ride when not on the wrong road surface type. Range is questionable, heating and air con reduces the battery life and battery life appears to be dependant on the roads being driven. Has a great boot capacity and a lot of room for the driver and passengers. Car insurance costs for this make and model have gone up significantly since I first leased the car, more than doubled, assume it must be related to repair/replacement costs but I've not had any issues or need to claim.

  • Practicality
  • Performance
  • Running Costs
  • Comfort
  • Value For Money
4.6 out of 5
Russel Tesla Model Y Long Range AWD Auto

The only negatives are the very firm ride and lacking a little refinement compared to similarly priced vehicles.

  • Practicality
  • Performance
  • Running Costs
  • Comfort
  • Value For Money
4.9 out of 5
Tomas Tesla Model Y Long Range AWD Auto

  • Practicality
  • Performance
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  • Comfort
  • Value For Money
3.1 out of 5
Kenneth Tesla Model Y Long Range AWD Auto

Vehicle is now substantially less expensive than when lease commenced. Lots of minor software issues that make the driving experience less pleasurable.

  • Practicality
  • Performance
  • Running Costs
  • Comfort
  • Value For Money
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