Volvo EX40 vs Tesla Model Y

The Volvo EX40 starts from $69,990 before on-road costs, while the Tesla Model Y opens at $65,900. That makes the Tesla Model Y the more affordable entry point by $4,090.

Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $76,989 and $72,490 respectively.

Both models qualify for Fringe Benefit Tax (FBT) exemption, which is a significant advantage for salary-sacrificed novated leases. Depending on your tax bracket, this can save $5,000-$15,000+ per year compared to an equivalent ICE vehicle.

ANCAP safety ratings have not been published for both models yet. We will update this section when crash test results are available.

How long each takes to charge — from a household power point to ultra-rapid DC — estimated from battery size and max charge rates.

The Volvo EX40 features a 9-inch touchscreen paired with a 12.3-inch digital dash, while the Tesla Model Y gets a 16-inch display. Apple CarPlay and Android Auto are standard across both.

The Volvo EX40 stands out with wireless Apple CarPlay/Android Auto, head-up display, wireless charging, heated front seats and Harman Kardon audio that you will not find on the Tesla Model Y. The Tesla Model Y counters with Apple CarPlay, panoramic roof and ambient lighting. Which feature set matters more depends on your daily routine and priorities.

Interior trim differs: the Volvo EX40 gets textile/leather blend upholstery while the Tesla Model Y offers vegan leather.

The Volvo EX40 uses a Electric producing 185kW and 420Nm of torque, sent through a single-speed to a RWD layout. It covers the 0-100km/h sprint in 7.3 seconds.

The Tesla Model Y responds with a Electric Motor making 255kW and 340Nm, paired to a automatic driving the rear wheels. It gets to 100km/h in 5.9 seconds.

The Tesla Model Y has the clear power advantage at 255kW vs 185kW. In the real-world sprint, the Tesla Model Y is 1.4s quicker. For most buyers, the way each car feels day-to-day matters more than outright acceleration.

Battery: 82kWh (Volvo EX40) vs 60kWh (Tesla Model Y). DC fast charging peaks at 200kW (Volvo EX40) vs 175kW (Tesla Model Y).

The Volvo EX40 measures 4,440mm long on a 2,702mm wheelbase, 352mm shorter than the Tesla Model Y at 4,792mm (2,890mm wheelbase). The longer wheelbase on the Tesla Model Y generally means more rear legroom.

Boot space is 536L in the Volvo EX40 and 854L in the Tesla Model Y, giving the Tesla Model Y a 318L advantage.

For towing, the Tesla Model Y leads with a 1,600kg braked capacity vs 1,500kg. That 100kg difference matters if you regularly hitch up.

Running cost data is not yet available for both models. We will update when figures are confirmed.

Warranty: 5 years / 999,999km (Volvo EX40) vs 5 years (Tesla Model Y). Both match on warranty length.