Quick Answer: How Much Does It Cost To Insure A Tesla Model Y?

How much does your electric bill go up with a Tesla?

The long-range version of the Model 3 has a 75 kWh battery pack with a 322 mile range.

If we still assume the average national electric pricing of 13 cents per kWh and a charging efficiency of 85%, then a full charge will cost $11.47.

This is $3.60 per 100 miles of mixed city and freeway driving, or 3.6 cents per mile..

Is Tesla a good car to buy?

All Teslas Are Great Performers Pick any model from the lineup and you’ll know what I’m talking about. The cars are insanely fast. Even the ones that are focused on efficiency are way better than some “fast cars” on sale today.

How long will Tesla battery last?

eight yearsGenerally speaking, a Tesla Battery is warrantied to last at least eight years and should last beyond that time frame. Consider thinking of a Tesla battery as lifetime component of the Tesla vehicle – the battery should last for the life of the car. The degradation of the Tesla battery will not happen all at once.

Is Tesla more expensive to insure?

Teslas tend to be pricier to insure, due largely to the cost of fixing them. … Insurance is higher for pricier models: an average $2,473 annually for the Model X (2019 base price of $81,000) and $2,963 for the Model S (2019 base price: $75,000).

Should I charge my Tesla every night?

Your Model S battery is almost full. … A happy Tesla is a plugged in Tesla with the battery charge max set to 90% or less. Setting it lower if you can go without the extra range daily is better. Keep plugged in every night, limit charging to 70-90% as suggested in the manual.

Do Teslas hold their value?

The average for all cars over three years is 39 percent. Based on the above information, the Tesla Model 3 can retain its resale value over five times better than all other electric cars and about four times better than all cars in general.

Can you negotiate Tesla price?

Tesla offers no discounts or negotiations. The price you see is the price you pay. However, there may be some “inventory” models with a few thousand miles on them (used as “loaners” at service centers and/or customer test drives) that offer a small decrease in price — check at your local Tesla store.

Why are used Teslas more expensive than new?

The biggest reason why used Tesla Model 3 cars are relatively expensive compared to other used cars is the timing and the availability of the Model 3. … Tesla’s biggest sales month didn’t come until December of 2018, less than one year ago (using month-end as a timestamp).

Why should I not buy a Tesla?

Energy Consumption During Highway Driving The reason is simple. Tesla’s all-electric cars use regenerative braking to recharge the battery. And since there isn’t much braking on the highway, the battery rarely gets recharged, so the range is small.

Is it better to lease or buy a Tesla?

Typically, it’s always a more sound financial decision to by a car rather than leasing one. However, you have to be sure to secure a good interest rate. Still, some people simply can’t afford a monthly car payment of some ~$700 per month. You can lease the Model Y for $499 per month, which may be enticing to many.

Can a Tesla go through a carwash?

Apparently they all hand-wash or use touchless car washes. However, I did find several things in the Tesla Model 3 manual: Caution: If washing in an automatic car wash, use Touchless car washes only. … Using any other type of car wash could cause damage that is not covered by the warranty.

How much is insurance for a Tesla Model Y?

The average cost of car insurance for a Tesla is $4,539 per year, based on our research. However, the price of your policy will depend on the model and trim you choose, your location and driving history, and the amount of coverage you choose.

Is Tesla Model 3 insurance expensive?

Tesla Model 3 insurance costs an average of $2,215 per year, our analysis shows. That’s more than 50% higher than the national average cost of car insurance. … Among the five largest car insurance companies in the U.S., price differences for Tesla Model 3 insurance can be more than $1,000 a year.

How much is Tesla insurance monthly?

Tesla Model 3 Insurance Cost By comparing insurance quotes for the Model 3 in California and Illinois, we found the average monthly insurance rate for a Tesla Model 3 to cost $185.21 per month.

How expensive is it to maintain a Tesla?

Maintenance costs for a Tesla Model S over five years were at most $2,800 (if drivers don’t use the pre-paid maintenance package) as of 2017 while a Mercedes-Benz S-Class racks up $18,000 in maintenance bills and the BMW 7 Series costs about $17,000 over the same period, according to an analysis by a self-described …

Can I test drive a Tesla without buying?

Touchless test drives of Model S, Model 3, Model X and Model Y are available at Tesla showrooms. You can request a touchless test drive online and a Tesla Advisor will contact you to confirm your appointment. … You must have a valid driver’s license.

How far can a Tesla go at 70 mph?

289 milesLike InsideEVs said, this highway speed test will be tougher than EPA’s city and highway tests. As a result, the Long Range Model 3 didn’t hit 300 miles on one charge, but it almost did. It traveled 289 miles at 70 MPH on one charge, which is pretty close to what the EPA got for its tests at lower speeds.

What do you do if your Tesla runs out of charge?

If you do run out of range, contact Tesla Roadside Assistance and we can provide transport (at your cost) to the nearest charging station.