Owning a Tesla car has become a dream for many people, but the cost associated with it can be a significant factor to consider. Tesla electric and automatic cars, such as the Model S, Model X, and the upcoming Model 3, are known for their high performance and cutting-edge technology, but they come with a hefty price tag.
The most basic Model S currently available starts at $68,000, while the fully equipped version can cost up to $134,500. The Model X, on the other hand, ranges from $85,500 to $135,500. These prices are significantly higher than a traditional car like the 2017 Toyota Camry, which has a sticker price of around $23,000.
The Model 3, set to launch later this year, will have a starting price of $35,000 for the basic version. The higher the equipment number, the better the battery and the faster the car. For example, the Model S P100D can accelerate from 0 to 60 mph in just 2.5 seconds, showcasing the impressive performance of Tesla vehicles.
When it comes to owning a Tesla, there are additional costs to consider beyond the initial purchase price. Adding features like automated driving or upgrading the battery can increase the overall cost. It’s important to factor in these expenses when budgeting for a Tesla.
Insurance costs for a Tesla can be higher than for a traditional car, with the Model S costing an average of at least $2,691 per year to insure. Recharging the vehicle also comes with a cost, but it can be more cost-effective than buying gasoline for a traditional car, especially if you drive a lot of miles.
Despite the high costs associated with owning a Tesla, there are potential savings to be had. Many states offer tax incentives for Electric Vehicle drivers, with savings of up to $7,500 available. Additionally, driving an electric car can lead to savings on fuel costs in the long run.
Overall, owning a Tesla is a significant investment, but for many, the benefits of driving a high-performance electric car with cutting-edge technology outweigh the costs. With careful budgeting and consideration of the additional expenses, owning a Tesla can be a rewarding experience. So, if you have been dreaming of owning a Tesla, now is the time to start planning and saving for your dream car.
