Tesla introduced the Model Y a few years back, and now Ford has introduced the Mustang Mach-E as a competitor. When it comes to the 2024 model years of these two all-electric SUVs they have similarities and differences which we look into. Will the well known Ford Mustang name triumph over the 2024 Tesla Model Y? Let’s take a look.
Key Takeaways:
- If you choose the extended range battery found in the Ford Mustang Mach-E you can expect up to 312 miles of total range.
- The 2024 Tesla Model Y is eligible for a $7,500 tax credit if you purchase a new model from Tesla.
- Ford has introduced a new trim level for the Mach-E known as the Rally trim level, which focuses on a light-duty off-road application.
Depending on the size of the battery pack and the amount of motors that you choose you can expect anywhere from 224 to 312 mile range on a single charge. There are some Tesla models that have long ranges with extended battery life, however, this range is quite consistent with other all electric vehicles. This impressive range is supported with either the standard 70 kWh battery or the larger and long–lasting 91 kWh battery that you can choose.
The Tesla Model Y on the other hand has a range of 310 miles on a single charge, producing just a little less than the Ford Mustang Mach-E. This specification comes from the long range battery that is an option. The standard trim level will come with the standard battery and rear wheel drive.
Is the 2024 Ford Mustang Mach-E eligible for a Tax Credit?
Unfortunately, the 2024 Ford Mustang Mach-E does not qualify for a tax credit this year. Ford had talked about this in the previous year, and it looks to be that there is not a tax credit available for the Ford Mustang Mach-E. However, there is a $7,500 discount offered for leasing. Check with our finance department to know more.
In comparison the 2024 Tesla Model Y is eligible for a tax credit for this model year.
What is New for the 2024 Ford Mustang Mach-E?
For the 2024 model year of the Mustang Mach-E there is a new trim level, known as the Rally trim level. The Rally is focused around light-duty off-roading and rally racing. There are a good amount of features that will be updated to accommodate this off-road style Mustang Mach-E. The list below details some of the major changes.
- High Mounted Rear Spoiler
- New Front End With Fog Lights and Red Tow Hook
- More Aggressive Tires
As of right now there are not any major changes to the fifth model year of the Tesla Model Y, which means that many of the features from the 2023 model year will be seen throughout this year as well. Some of these features include infotainment centers, embedded apps, and a full sunroof to give a larger cabin feel.
How much does the 2024 Mustang Mach-E cost?
For the Select Model of the Mustang Mach-E you are looking at spending $39,895. This is a great entry-level Mustang Mach-E that will provide 224 miles of range and a power cord. With this you are easily able to recharge your Mustang Mach-E at your home. Ford has released the specification that on a single night of charge you can add 30 miles to the range. This is when you are charging the Mustang Mach-E with a regular 110 volt outlet you typically find in your house.
Should you choose the 2024 Ford Mustang Mach-E or Tesla Model Y?
While the 2024 Tesla Model Y has some great features and amenities we recommend the Ford Mustang Mach-E. This SUV has a slightly longer range and there are some exciting trim levels to choose from. There is plenty of technology found throughout this vehicle which will keep you well connected and in the loop as you drive. Come on down to Keystone Ford so that we can help you find the perfect Mustang Mach-E for you.