As I sit in my Tesla Model 3, I can’t help but marvel at the cost savings that come with owning an Electric Vehicle. My name is Pete, and today I want to delve into the numbers behind the servicing costs of electric vehicles versus their internal combustion engine counterparts.
Let’s start with the average conventional petrol or diesel car in Australia. A quick Google search reveals that the average service costs around $267, with recommended servicing every 10,000 kilometers or at least every six months. Considering that the average Australian drives about 15,000 kilometers a year, over a five-year period, you could end up paying $2,670 just in servicing costs.
Now, let’s shift our focus to electric vehicles, specifically Tesla. Tesla has a unique approach to servicing, with some owners reporting zero servicing costs even after driving hundreds of thousands of kilometers. Tesla recommends checking the brake fluid, replacing the cabin filter, and rotating the tires every two years. Over a four-year period, following these recommendations would only cost around $222, a stark difference from the servicing costs of traditional cars.
Additionally, Tesla‘s warranty covers the 12-volt battery replacement within the first four years or 80,000 kilometers. If the battery fails after this period, the replacement cost is a reasonable $154. When you factor in the minimal servicing costs and potential zero servicing expenses, owning a Tesla becomes even more appealing.
Tesla‘s business model differs from legacy automakers, viewing servicing as a cost center rather than a profit center. The focus is on providing a seamless and efficient experience for the client, often offering mobile servicing at the client’s location. This customer-centric approach not only saves time but also reduces costs for the owner.
When you add back the tire rotation costs, owning a Tesla over a five-year period could save you around $600 compared to an average Australian car’s servicing costs of $2,670. The economics of owning a Tesla, particularly the Model 3, are undeniably superior when considering all major costs, including depreciation, maintenance, fuel, registration, and insurance.
In conclusion, owning a Tesla Model 3 can lead to significant cost savings and a more sustainable driving experience. As I continue this series on the economics of owning an EV, I invite you to subscribe and stay tuned for more insights. Remember to stay safe, stay sustainable, and stay ahead of the curve. Ciao!
