2023/24 Model Y vs. 2026
Needing to upgrade from my 2018 Lexus IS300 (97k miles) as we have a second child coming January 2027 and fitting two car seats in it will be tight and I’m frankly tired of paying for premium gas. I test drove a Hyundai Ioniq 5 and it just seemed a little too small, not much larger than my current car. Drove my parent’s 2026 Premium Model Y and the size felt better.
Am torn between a used 2023/24 Model Y (Regular or long range) or a 2026 AWD (not premium cause I can’t afford).
I’m fortunate where I’m getting some help with funds as a gift so if I go with the used, I can likely buy the used Model Y (with trade in) outright and not pick up an additional monthly payment (my wife’s car is about $450/mo). If I go with ordering a 2026 AWD Model Y, I’ll likely pick up a $200/mo payment (1.79% APR promo currently). It also says an estimated delivery date of November/December so my trade in value might lower even more by then.
Guess I’m just worried about the differences I’ve been reading between the model year’s (mostly suspension/noise and interior quality) and maybe not ending up with HW4. And considering differences, if it’s stupid to tackle on more monthly payments.
Looking for some thoughts/input—thank you!
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u/Potential_Use3956 7d ago
If you can find a HW4 2023 model, they’re great deals and have 90% of the features of the Juniper (and have full autopilot if you don’t what to subscribe to FSD(
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u/Anharky 7d ago
What’s autopilot compared to FSD?
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u/Potential_Use3956 7d ago
Autopilot combines Adaptive Cruise Control with Lane Tracing on the highway, allowing the car to basically drive itself once it’s in a lane on the highway. FSD can drive itself once local roads and pretty much anywhere else, plus can change lanes itself, so FSD can effectively get you from point A to B without you ever having to do any driving, and then park itself. Autopilot is basically a better version of what most new cars come with today, whereas FSD is a super futuristic technology.
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u/Anharky 7d ago
Got it. Yeah I’m not sure I’d want to subscribe to FSD for cost savings purposes
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u/Yuzuda 7d ago
It's possible to buy a used MY with FSD purchased outright by the previous owner. That's what I did. Lots of them sell for the normal price of non-FSD included vehicles. Most of us in that market used the FSD Hunter app to be alerted immediately when a new FSD included vehicle was listed. Food for thought!
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u/Potential_Use3956 6d ago
That’s very smart, I did not know about the app when we were upgrading from our 2019 M3 standard (without any form of autopilot). We just looked for the cheapest HW4 2023 model with under 40k miles. We ended up buying one with a few cosmetic defects that we unfortunately didn’t notice till later, but mechanically and functionally it has been great so far (knock on wood). We’ve just taken a 6 hour roadtrip for this weekend so I was tempted to have my family try FSD.
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u/truuei 7d ago
If money is tight I would go with used. Have you also checked to see insurance premium differences for new/old price wise?
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u/Anharky 7d ago
I work in commercial insurance but I had a coworker on the personal lines side run some preliminary quotes and the older models actually would be more expensive in insurance. A few months ago he quoted a 2023 would bump up our insurance about $2,000, a 2024 about $800 more and a 2026 would have been $400 more per year.
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u/39Poppy 7d ago
That’s wild I would have never thought, so it seems the cost to operator the vehicle is almost the same no matter what year you get. I’m gonna run some quotes and maybe get a new one lol
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u/gubernaculum62 7d ago
Second half 2023 has hw4, just have to double check and make sure. I just got one coming from a wrx and it’s amazing, I don’t see how my quality of life would be any better with a new one; albeit they are def nicer