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Update on Owning a Tesla Model 3 for 5 Years: Breakdown of Costs and Maintenance

Welcome back to another annual update on the maintenance and life cycle costs of our Tesla Model 3s! Today, we’ll be focusing on the costs from September 2022 to 2023, marking 5 years of ownership for the 2018 model. If you haven’t been following along, be sure to check out the previous updates for a full picture of our journey with these electric vehicles.

Let’s start off with the 2019 Tesla Model 3 Standard Range Plus, which is about 4 and 1/2 years old with 56,000 miles on the odometer. The basic vehicle warranty expired this year, but it’s still covered under the battery and Drive Unit warranties. This past year, Tesla mobile service came out for a recall on the trunk lid harness, which was causing issues with the rear camera. They also replaced the 12-volt battery, which needed to be replaced out of pocket after the warranty had expired. Routine maintenance on tires and a recent purchase of two new tires brought the total maintenance and repair costs for the year to $980.65. Charging costs for the year were $219, and insurance costs were $120 per month.

Moving on to the 2018 Tesla Model 3 Long Range, which is just under 116,000 miles. The basic vehicle warranty has expired, but it still has the battery and Drive Unit limited warranty. Routine maintenance and repairs for the year totaled $36.98 for air filters. Estimated charging costs were $52, and registration costs were $17.71 for 5 years. The windshield will need to be replaced due to a crack, and the battery degradation was around 85.5%.

Looking ahead, both Model 3s will be getting a CCS retrofit once it’s offered by Tesla, as they currently aren’t compatible with CCS chargers. The owner of a 2022 Model Y reported minimal maintenance and costs for the year, with plans to get the CCS retrofit once it’s available.

As long as we own these vehicles, we’ll continue to provide updates on maintenance and costs. For a full list of maintenance and warranty information, refer to the Tesla manual on their website. Thanks for joining us on this journey, and happy charging!

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