PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How much does it cost to own a Tesla?
I love the idea of buying one, but I've heard they're really expensive. How much does a Tesla cost?
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
On the higher-end of the spectrum is the
Model X
, which starts at around $100,000. But once you actually own a Tesla, maintenance expenses should be very low.The price of a Tesla can get expensive fast based on the options you choose. Buyers can opt to upgrade the paint, interior, and wheels and add on the full self-driving capability. While the add-ons are great, they also cost a small fortune!
What makes Tesla’s more affordable, however, is the fact that they’re reliable and electric. They shouldn’t need to be serviced often, won’t need oil changes, and don’t require gas. Plus, owning an electric car will make you eligible for tax breaks in some states.
Unfortunately,
insuring a Tesla
can be very expensive, as well. This is due in part to the hefty cost of repairs. Not only are the vehicle parts expensive, few repair shops have the tools or knowledge to cater to Tesla owners, which enables them to charge more for labor.That being said, there are ways to cut down on the cost of owning Tesla. Pay less for insurance with
Jerry
. A licensed broker, Jerry will help you collect and compare competitive insurance quotes for for free. When it’s time to renew your policy, Jerry will even send you new quotes, so that you always know you’re getting the lowest rate.”View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
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.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
