EV Rebate

Toyota bZ vs Tesla Model Y

  • Toyota bZ, front three-quarter view$40,985Toyota logoToyota bZ
  • Tesla Model Y, front three-quarter view$44,990Tesla logoTesla Model Y

$4,005 apart after the 2026 federal rebate, on the lowest eligible trim of each, before freight, fees and tax

Toyota bZ rebate by province · Tesla Model Y rebate by province

Comparing Toyota bZ With Tesla Model Y

Transport Canada's rebate list shows the lowest trim for each model in 2026 dollars, covering the Toyota bZ and Tesla Model Y.
At a glanceToyota logoToyota bZTesla logoTesla Model Y
TypeElectricElectric
Lowest eligible trim2027 XLE FWD2026 RWD
Sticker price$45,985$49,990
Federal rebate, 2026$5,000$5,000
Price after the federal rebate, 2026$40,985$44,990
Price after the federal rebate, in 2027$41,985$45,990
The federal limit caps the final price before tax at $50,000$4,015 under it at sticker priceAt the sticker price, it is $10 below the limit, but dealer fees and options also count toward the limit and can push the deal over it
After rebates in Quebec$38,985$42,990
After rebates in Manitoba$36,985$44,990, no Manitoba rebate on it
Range468 km542 km
  • The Toyota bZ costs $4,005 less after rebates.
  • The Tesla Model Y offers 74 km more range.

Price sources: Toyota bZ MSRP · Tesla Model Y MSRP · Transport Canada: EVAP vehicle list. Rebates lower the sticker price, while freight, fees and tax are excluded.

The Toyota bZ photo on Wikimedia Commons is by Charles, of Port Chester, New York, and has a CC0 license. The Tesla Model Y photo by Aos.1905, uses CC BY-SA 4.0

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