The Cost of a Tesla - The Costs of the Tesla Models, Maintenance, Charging and more
How Much is a Tesla?
That depends on the model and the options you choose. The lowest cost Tesla Model 3 -standard Range Plus base price is $39,490. The Tesla Model S Long Range base price is $99,990, and the Model X costs $84,990 without optional extras. The upcoming (late 2020) Model Y has a projected base price of $43,000.
How Much is a Tesla Model X?
The Tesla Model X can be ordered in two different variants-Long Range ($84,990) and Performance ($104,990). Optional features and functions can add $1,500 to $19,500 to the purchase price.
How Much is a Tesla Model 3?
The Tesla Model 3 can be ordered in three different variants-Standard Range Plus ($39,490), Long Range ($47,990), and performance ($56,990). Optional features and functions can add $1,500 to $12,500 to the purchase price.
How Much is a Tesla Model S?
The Tesla Model S can be ordered in two different variants-Long Range ($79,990) and Performance ($99,990). Optional features and functions can add $1500 to $7,000 to the purchase price.
How Much is a Tesla Model Y?
The Tesla Model Y can be ordered in three different variants-Long Range ($48,000), Long Range, Dual Motor ($52,000) and Performance ($61,000). Optional features and functions can add $1,000 to $10,000 to the purchase price.
How Much is the Cheapest Tesla?
The least expensive Tesla is the Tesla Model 3, Standard Range Plus with a base price of $39,490.
What is the Price Range for Used Teslas?
The cost of any used car is predicated on the model year, the car's condition and options, and the vehicle's mileage. Teslas are no different. Older, moderate mileage Tesla Model S (2012 - 2015) vehicles can be acquired for between $24,000 and $40,000.
A 2- or 3-year old Tesla Model S is often in the $40,000 to $60,000 range. A 3-year old Tesla Model X is often in the $50,000 to $60,000 range. Newer Model X vehicles can be acquired in the $65,000 to $90,000 range. A used Tesla Model 3 (2018) can be purchased in the 36,000 to 47,000 range.
How Much Did the First Car That Tesla Released Cost?
Not counting the Tesla Roadster, the first production vehicle produced by Tesla was the 2012 Model S. The cost of that vehicle was approximately $67,400 for the 220-mile range option; $77,400 for the 265-mile range option; and $87,400 for the Model S Performance option.
How Much Does a Tesla Cost Per Month?
The monthly cost (not counting lease payment or financing charges) for any car includes the cost of insurance, the cost for fuel, and the cost of maintenance. For a Tesla vehicle, the cost of insurance is somewhat higher than the cost for an equivalent ICE vehicle. The cost of fuel is considerably less than half of the cost of an ICE vehicle-a significant saving.
The average cost of maintenance is considerably less because there is less to maintain (e.g., no oil changes and less frequent brake replacement).
How Much Does It Cost to Make a Tesla?
That information is proprietary to Tesla. However, reverse engineering analysis and tear downs estimate that the cost of building a Tesla Model 3 is around $28,000 for both materials and labor.
How Much Does It Cost to Replace a Tesla Battery?
Tesla batteries are designed to last between 300,000 and 500,000 miles, so replacement shouldn't be a major concern for most drivers. It's estimated that the cost to replace a Model 3 battery will be in the $3,000 to $7,000 range.
What is the Life of a Tesla Battery?
Tesla batteries are designed to last between 300,000 and 500,000 miles, so replacement shouldn't be a major concern for most drivers. During that time, battery capacity will degrade in the sense that the range the battery can provide for driving will decrease slowly. Field data indicates that capacity will decrease by about 5 percent in the first 50,000 miles but will then degrade much more slowly. Ten percent battery degradation will not occur until about 200,000 miles of driving.
How Much Does a Tesla Powerwall Cost?
Tesla Powerwall 2.0, a battery storage system that is intended to replace the need for a gas generator, costs $6,700 with supporting hardware costing about $1,100. Installation costs will vary from about $2,000 to $8,000. The product comes with a 10-year warranty.
How Much Do Tesla Solar Panels Cost?
Tesla Solar Roof (version 3) is the latest refinement to Tesla's entry into the residential solar market. The cost of a solar array is a function of the size of the array's output in kW. For example, a 9.5 kW Tesla solar roof will cost the home owner about $40,000 but will vary depending on the geographic location, the specific installer that you choose, and, of course, the size of the solar array your house requires.
How Much Does Tesla Supercharging Cost?
If you charge at a Tesla supercharger, the cost is typically about $0.25 per KW if you purchased a Model S or Model X after January 2017. Supercharging is free for cars purchased before, January 2017. The average supercharger cost of $0.25 per KW also applies for Model 3. A full recharge to about 250 miles of range costs approximately $22.00. More typically, a half charge (150 miles of range) would cost about $11.00. Cost varies based on the region of the country and local electricity rates.
Image By TheCarColony
How Much Does It Cost to Lease a Tesla?
A base Model 3 with limited options will lease for 36-months with $4,000 down for approximately $415 per month. A nicely-equipped Model S will lease for 36-months with $8,000 down for approximately $990 per month and a nicely-equipped Model x will lease for 36-months with $8,000 down for approximately $1100 per month.
Tesla Leasing terms include:
- 3-year program with 10,000, 12,000 or 15,000 annual mileage options.
- Model S and Model X - $8,000 down payment, $695 acquisition fee and the first month's lease payment is due when picking up your Tesla.
- Model 3 - $4,000 down payment, $695 acquisition fee and the first month's lease payment is due when picking up your Tesla.
- No security deposit required.
How Much Does It Cost to Rent a Tesla?
It's worth noting that rental availability of Tesla vehicles varies widely based on geographic location. In the CA region, on-line car rental service Turo rents a Tesla Model S for about $250 per day or a Tesla Model X for about $200 per day. Major rental services such as Hertz have limited availability by region and cost approximately $400/day.
How Much Does It Cost to Insure a Tesla?
The cost of insurance depends on your age, your driving record and your location. The average annual premium for Model 3 costs between $2,500 and $3,000. A Tesla Model S insurance policy is about $3,300, Model X costs over $4,000. Tesla intends to offer its own Insurance program that specifically includes autonomous vehicle and cyber identity fraud liability. Contact Tesla directly for details.
What Maintenance Does a Tesla Need?
Relatively little. In fact, Tesla does not recommend regular maintenance intervals but rather suggests that maintenance be performed as needed. The reason is that the 'normal' maintenance performed on ICE vehicles (e.g., oil changes) is unnecessary for BEVs.
Some parts you should expect to have to replace periodically:
Wiper Blades - these wear out with use and with exposure to heat cycling and UV rays. We have them available here.
12V Batteries - did you know most Teslas have a SLA (sealed lead acid) 12V accessory battery? These generally need replaced every few years - we recommend upgrading to a high performance, lightweight lithium ion alternative like these.
Tires - High torque, high mass, excellent handling all adds up to EVs eating tires more quickly than mose ICE vehicles.
HVAC Filters - Replace your environmental HVAC filter every few years to keep air smelling sweet and flowing well. Click here for Model 3/Y filters.