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How expensive is it to own a Tesla?

I want to buy a Tesla, but first, I need to know if I can even afford it. How much is it to own a Tesla?

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Lauren Smith · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“The starting price of a
Tesla
can be steep. But generally, owners find that it works out in the long run in savings for car maintenance, gas, and oil. There are several different models of Teslas.
The Model 3 is the least expensive at about $50,000. While the cheapest Model S starts at $81,1901 and goes up to about $141,190 for the Model S Plaid+. Tesla offers several add-ons that aren’t in this initial price, such as:
  • Autopilot ($2,500)
  • Smart Air Suspension ($2,500)
  • Upgrades to the Sound System ($2,500)
  • Executive Rear Seats ($3,000)
  • Subzero Weather Package ($1,000)
  • Optional $600 yearly inspections
In addition, there are fees like the $1,200 delivery feeand a $100 order payment.
Generally, Tesla drivers find they don’t spend a lot of money on their car beyond its initial cost as Teslas don’t have regular maintenance fees. There also is an occasional tax break for having an energy-efficient car.
To further protect your Tesla, it’s important to have the best coverage without breaking the bank. You can do this easily with the
Jerry
app. Choose from competitive quotes from up to 50 top insurance companies and Jerry takes care of the rest—securing your new policy. No long forms. No calling around. No hard work. Just savings.”
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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