How Much It Costs to Drive a Tesla Model 3 1,000 Miles
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The thrill of hitting the open road in a sleek, electric Tesla Model 3! For many, the allure of owning such a vehicle is not just about the prestige, but about the sense of freedom and adventure that comes with it. But have you ever stopped to think about the real cost of driving your Tesla Model 3? We’re not just talking about the sticker price or the monthly payments, but the actual expenses that come with owning and maintaining this luxurious ride.
To get a better understanding of what it takes to keep your Tesla Model 3 on the road, we spoke with a seasoned owner who’s been driving his Model 3 for over a year. With a whopping 50,000 miles under his belt, he’s got a wealth of knowledge to share about the real costs of owning this electric beauty. So, buckle up and join us as we dive into the nitty-gritty of Tesla Model 3 ownership.
The Sticker Price: $35,000 to $50,000
Let’s start with the most obvious expense: the purchase price. The Tesla Model 3 is a premium vehicle, and as such, it comes with a premium price tag. Depending on the trim level and options you choose, the sticker price can range from around $35,000 to a whopping $50,000 or more. For our owner, he opted for the mid-range Model 3 Long Range, which set him back around $40,000.
Electricity Costs: $3 to $5 per 100 Miles
One of the biggest advantages of owning an electric vehicle like the Tesla Model 3 is the reduced fuel costs. Gone are the days of filling up at the gas pump, replaced by the soothing hum of electricity flowing into your vehicle’s battery. But how much does it really cost to charge your Tesla? According to our owner, it takes around 30-40 kWh of electricity to drive 100 miles, which translates to a cost of around $3 to $5 per 100 miles. Not bad, considering the average gas-powered vehicle gets around 25-30 miles per gallon, and gasoline costs around $2.50 per gallon.
Maintenance Costs: $100 to $300 per Year
When it comes to maintenance, electric vehicles like the Tesla Model 3 have a significant advantage over their gas-powered counterparts. With fewer moving parts and no oil changes required, the maintenance costs are significantly lower. According to our owner, he’s spent around $100 to $300 per year on routine maintenance, including tire rotations, brake pad replacements, and software updates.
Insurance Costs: $1,500 to $2,500 per Year
Insurance is another area where electric vehicles like the Tesla Model 3 can save you some serious cash. According to our owner, his insurance premiums have been around $1,500 to $2,500 per year, which is significantly lower than what he would have paid for a gas-powered vehicle of similar value.
Taxes and Registration: $500 to $1,000 per Year
When it comes to taxes and registration, the costs can vary depending on your location and the laws in your area. According to our owner, he’s paid around $500 to $1,000 per year in taxes and registration fees, which is relatively low compared to what he would have paid for a gas-powered vehicle.
Total Cost of Ownership: $5,000 to $10,000 per Year
So, how much does it really cost to own a Tesla Model 3? According to our owner, the total cost of ownership can range from around $5,000 to $10,000 per year, depending on your driving habits, insurance costs, and maintenance needs. Not bad, considering the average gas-powered vehicle can cost around $10,000 to $15,000 per year in fuel, maintenance, and insurance costs.
The Bottom Line: Is Owning a Tesla Model 3 Worth It?
So, is owning a Tesla Model 3 worth it? For our owner, the answer is a resounding yes. With its sleek design, impressive performance, and reduced maintenance costs, the Tesla Model 3 has been a game-changer for him. And with the cost of electricity continuing to drop, the financial benefits of owning an electric vehicle like the Model 3 are only going to get better.
But it’s not just about the numbers. For many, owning a Tesla Model 3 is about the sense of freedom and adventure that comes with driving a high-performance vehicle. It’s about the thrill of accelerating from 0-60 in just a few seconds, and the satisfaction of knowing that you’re driving a vehicle that’s helping to reduce your carbon footprint.
In conclusion, owning a Tesla Model 3 is a significant investment, but one that can pay off in the long run. With its reduced fuel costs, lower maintenance needs, and impressive performance, the Tesla Model 3 is a vehicle that’s worth considering for anyone looking to upgrade their driving experience.
