Tesla Model 3 Total Cost After 6 Years: The TRUTH
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- Опубликовано: 29 май 2024
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Total Tesla Model 3 ownership cost after 6 years and 144,000+ miles!
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the fact 2018 is 6 years ago..... time is flying.
When I drove a gas car the periodic maintenance was performed every 3 or 4 months (depending on the miles) and cost $350 per visit, over $1000 per year. Since purchasing my electric car my maintenance costs are now in line with yours. A tremendous saving.
In the real world, you can change the oil a couple times a year at Jiffy lube and spend maybe $200 bucks a year on other maintenance like fluids and filters and wipers, etc. for the first 5 or 6 years if you buy a good Japanese ICE or HEV car.
You do NOT have to do those ridiculous expensive maintenance intervals at the dealer.
@@rogergeyer9851 …That’s true, however, for warranty purposes it is better to have documentation of service performed by an authorized mechanic because if anything does go wrong the car maker will find a way to make the customer pay full price. Also, when tires are excluded I have paid 0$ for maintenance on my Leaf after almost three years. To me that is a huge benefit.
I have free charging at work and I car pool with coworkers and one person I pick up on carpooling app. My 2 coworkers pay me $50 a week and the other person $12 per day. I used to drive to work in my Toyota Tacoma paying around $100-$120 a week. The money that I was paying for gas in my Tesla model 3 payment plus insurance and some left over for any extra expenditures in the future. I have only paid for charging on road trips.
How much battery efficiency did you lose after that much miles/6 years?
Probably none at all that's noticeable. Between hot and cold weather it changes the range a lot .
I own a red 2021 Model 3 Dual motor long range. There were several Tesla “talking heads” who helped me make up my mind to buy my car. You were the Most influential of the bunch. Thanks!
I’m not an EV but for the 1st time, I’m considering the 24 Model 3 performance. I can’t even believe I’m typing this 😂.
@@georgevigil7001 Ask for the insurance cost first so there is no surprise.
I thought I would own my 2022 Model 3 LR forever. Then they announced the new Performance model which comes in thousands less than I paid for my '22 Model 3, so....... It's trade-in time.
The performance looks awesome with add carbon in rims saying from a car guy likes gas power vehicles put think of getting a ev 😮
I’m considering an EV for the 1st time because of the Model 3 Performance. Can’t event believe I’m typing this 😂
Just like iPhone I replace every 1-2 years
What state is giving you $0.08 a kilowatt? And are you factoring in taxes and fees because that's the real cost per kilowatt. Sounds too good to be true. I see public charging stations charging $0.40-$0.70 per kilowatt in NYC Tri-State Area. We're in Central NJ and we pay $0.16 per kilowatt that's with taxes and fees.
In Georgia, I'm paying about 12 cents a kilowatt, not on an EV plan, but my city has free 6.7 and 62.5 kilowatt chargers available
in fairness, you should add 10-15% to the energy used to account for charging losses, that you pay for anyway. Besides, I believe the reported energy used by Tesla doesn't take into account for climatization energy used
He already added the huge cost of establishing charger that was a 1 time expense so that offsets it
@@bondnikunj Dear, it has nothing to do with charger cost. When you charge a battery, there are resistive losses, that is of 100kWh an outlet delivers, only 85-95kWh will actually get stored into the battery. And the M3 keeps count only of the latter, while you pay for the former
@@USUG0 yup I got that part. I was trying to say he already added huge extra cost so that will equilibriate any losses incurred during charging.
@@bondnikunj no logic in your claim.
Thanks for the nice video ! What is the condition of the battery after 144,000 miles ? When will it need to be replaced and how much will THAT cost ?
There is no set in time that the battery needs to be replaced. It could run to 250k+ miles.
Great update! Where did you get your radar detector out?
Uniden is the brand he has and is by far the best brand - they sell on Amazon, their website, Best Buy, Sam’s club
My 5.5 years Model 3 91k miles haven't had as many issue you encountered. Replaced the charging door and passenger seat sensor (wrap insulation) under warranty. 12v battery was replaced after 4.5 years. Yes I switched from BMW SUV.
2019 Model 3s were vastly better than 2018 or 2017 versions.
Andy nice video glade holding in and performing well
This defies every other video I've seen regarding EV costs. BTW I own a BMW 5 series and I fill it on regular gas and haven't had a problem with the car in the 10 years I've owned it.
When the manual recommends premium and what most BMW drivers fills in, you filling with regular gas doesn't mean that's the norm.
I owned plenty of BMWs at most I'd fill occasionally is Plus (never regular). If I see any cost comparison I want to see it compared with premium gasoline price.
That'd be like telling people one gets 40mpg because one drives at 55mph on highways.
They never mention previous TIME wasted charging outside homes and stress it causes. Also they don’t mention cold weather and other conditions that make them useless.
@@georgiaguardian4696 I saved previous TIME by not needing to go to gas stations and service centers for various of maintenance. Cold weather hasn't affected my usage of car.
@@Trust_but_Verify I can always plan for car maintenance whenever I want to while doing other things the same trip. You are forced to stop by charging stations whenever you take longer trips. And not everyone has
Fast home charging either. EVs still have more restrictions for most people. That’s why most people still refuse EVs.
@@georgiaguardian4696 ...what? You don't wait for your car to be serviced? Why are you lying? You're real productive at gas stations?
Great video ! Many of the costs could have been much lower but still a great illustration of the cost savings. Now imagine if you bought a used Model 3 for 15k and charged it on some 35 dollar solar panels. That said the total cost of ownership seen @9:05 is why Tranportation as a service will crush individual car ownership in urban areas.
What sort of solar panels can you get for $35 probably take months if not years to charge a car up.
@@chrishart8548 Locally I can get used 240's for 35 and online for minimal shipping you can get used 290's for 43 dollars.
@@chrishart8548 Maybe a 1,000 of them...
I love that radar detector mount. Anyone know where to buy it? Cheers.
Radar detector: geni.us/Uniden
Mount: geni.us/XSPqnN
hope to hear an answer :
what about the battery degradation ?
how it is after all this time & distance ?
thanks !
good roads to have, I wish you !
I have a 2018 LR, 82k miles. Didn't use the official battery health check but seems to be within the tolerance range. Maybe 10% off. I only need to charge to 80% daily, on trip to 90%. Tesla has warranty to 70% for 120k miles/8 years.
I like the idea of the Model 3, but long term reliability and quality has me worried. Currently drive a Civic that we have owned for 10 years. Nothing has broken on it. Maintenance costs have been minimal, and it feels like it will go another 10 years and 100k miles no problem. All the fiddly little problems your Mode 3 has had are concerning. I know yours is an early car, so I’m hoping the 2024s have much better quality. What is a better buy for someone who wants to keep their car for 15 years? A Model 3 or something like a Civic Hybrid?
Tesla is still relatively new to the automotive industry. Hybrids are tried and true technology. You are gambling with Tesla, when everyone knows for a fact that Honda’s & Toyota’s will last 300k+ miles when properly maintained. I would keep a Prius as a backup or daily driver.
Outstanding
Good honest review 😊
Thanks for the recap. Btw, some of that free SC credit you received is when I used your referral code back in early 2019. Andy, you mentioned you4 insurance around $100 /mo. What insurance company is that and in what State? Thanks.
What happened with the low battery health rating you got when you tested it?
If I click on your link - does TESLA still give me supercharging credits? when I purchase a Tesla? Or is that offer expired?
Sadly it’s expired
They have indefinitely ended the referral program, but it's supposedly coming back in the future. We just don't know when :(
2:54 Spray WD40 “silicone” in the joint part of the handle every quarter.
The main problem people worry about that is one of the biggest issues is having to replace the battery outside of warranty. That can run people over 10k and that can be a big reason why people hesitate to switch to a Tesla car.
how many sets of tires have you gone thru?
He said 2 sets and two punctures.
I have a 2006 Scion...and I've never had any problems with my door handles...or any other problems 😁
$100 per month for insurance? How ?
You missed windshield wiper fluid and also you missed to factor in the charging loss, which is usually around 10%. Also: Did you never preheat your Tesla? 🤔
Your gas is $4.24 … in Los Angeles we are around $5.39
If you drive lots, especially city driving, it makes a ton of sense to buy an EV. I drive about 5500 miles a year (9K km). A nice but less expensive gasoline car (VW GTI) does it for me. I ran the math and the savings just aren't there in my case. If I still lived in a big city with a long commute, I'd probably have gotten a model 3 and been quite happy
Same here because I work from home so no gas savings for me which is why I’m struggling to buy an EV right now. The value proposition isn’t there.
Plus my car gets 30-35MPG. Ford Fiesta ST.
Good for you, I also advocate EV only for long range drivers, 12k+ miles a year to get the operational/maintenace savings.
The trade -in value needs to be taken into consideration, that is also a cost of ownership..ie ...depreciation
Great video, but the breakdown cost feels a bit incomplete.
We should also put car resale value in the equation. Let's say the current value of the 2018 Tesla model 3 would be $17000
So, total out of pocket cost for 6 Years ownership with 144k miles would be: 75175-17000= $58175
Cost per year - $9696
Cost per mile - $0.40 (the most indicative data)
Cost per mile with the BMW mentioned in video could be easily $0.60 which is 50% more compared to Tesla.
8 cents per kwh😮
In derbyshire in the uk 🇬🇧
We are paying 25p (31 cents) for our home charging
Have to pay yearly registration cost? didn't know that is a thing in canada we just pay the insurance monthly and that is it
I own a model y. I hit my first year milestone in April. At the one year mark I had driven 18,180 miles. I was interested in trading it in for a mode x. So we did the math. My all in cost was $44,000 after rebate and $4300 in fuel savings, add to this the four oil changes and other routine maintenance at $300 per service was another $1200 in savings. Charging with my home charger was $680, and maybe fifty bucks on super charging. So my cost is about $42,000 and I could trade the car in for $34,000. So i am $8,000 upside down. In two more years of driving equal mileage I'd break even as the car might lose a bit more value but nothing to call a loss in the end. With new car prices falling and resale values solid three years for us is the idea time to buy up. Andy kept his model 3 far too long! And his numbers are nuts. Electric vehicles lose serious value when you hold them that long. His battery is soon toast. Not smart. The car becomes valueless at that age once his batteries fail. They are only warranted to 120,000 miles.
Tesla batteries typically last 300k miles. Most gas cars (I had a Honda and Toyota) fall apart by 200k miles with costly repairs
Current data on Tesla battery life is turning out to be far better than anyone expected. Most batteries are still going strong after 150,000 miles with less than 15 percent battery degradation, much of that typically happening in the first year. (ICE car engines also lose efficiency over time.) And the batteries they’re putting in EV's today are even better, and will no doubt last even longer than their predecessors. In fact, the vast majority of today’s EV batteries will outlast their car.
@@rameshr4395 We are in a world of new car buyers unfamiliar with EV life.. Despite the facts they are not going to pay much for older batteries. The selling point is the warranty. New EV used car shoppers will want to know the car is under warranty. The closer you get exceeding the warranty the value drops fast. Go to Tesla and do an estimated trade in value of a six year old 150,000 mile Tesla. As you add mileage the values start to plummeting. You can ask this of the salesman at Tesla. They can run quick calcs on trade in value for you. Selling privately might get you a few penny's more.
If you want to know about Tesla values after warranty, look at model s prices. There's loads of older high mileage cars to help take out some of the guesswork.
@@EwanM11 Correct. I have done so. I was at the Tesla dealership in FIfe Washington and they said mileage/battery age plays a big role in the resale price. BTW we just started our free test of Full Self Driving. After about 100 miles of driving county roads, freeways I like it but had to intervene a few times and my wife does not feel it is ready as the speed varied 10 mph for no apparent reason despite setting the limit when engaged. A bicycle rider caused the car to veer into the oncoming lane, a lane with a car in it and I had to quickly grab the wheel and force the car back into our lane to avoid hitting the oncoming vehicle! The other issue was cars with turn signals on trying to change lanes in front of our Tesla we had to turn off FSD as it would not slow down to allow them to change lanes. It ignored the turn signal. FSD is about 95% but we would rather use autopilot over FSD. I might pay for a month of FSD on a long road trip, as my son in law did for his Y. FSD is polite and moves over to allow faster cars to pass but is not intuitive on complying with other drivers requests, feels a bit road rage prone......I'm not slowing down!
Don’t they have registration plates in the us ??
We almost bought a Tesla used model Y for 28k that had 49k miles. Our payment would have been 210$ a month but.. CA had a spike in insurance and it would have cost us 750 a month for insurance alone. If we subtract our other car, it would be about 650 per mont. :(. It don't help that a person in my insurance has a at fault accident that expires in 5 months so that could factor in. We will try again after the 5th month.
Good price on a y. If u find one for 25k you maybe able to get used car ev tax credit
Sheesh Andy, I felt like you were rushing through this video lol
You were talking so fast. But dope video
Is that charging cost really believable? I have a quote from my utility for an EV rate plan and the per kwh cost is just over 4(four) times that. The EA chargers are only 7 cents more and the Tesla chargers 20 cents more. It is still cheaper than gas in cents/mile, barely.
As a fellow KY resident, we do, in fact, pay about 8 cent a kWh.
Once the general public is on EVs the bait and switch will occur and the cost of electricity will SKYROCKET
@@georgevigil7001 You better not buy that Performance Model 3 then!
@@Trust_but_Verify Yeah, I'm patiently watching and waiting to see how things are going to pan out. EV's have so much sketch to them because the government has their dirty hands in so many markets! Makes it so hard to predict. Also considerinng the Hyundai Ioniq 5 N but it's actually pricier than the TM3P.
@@georgevigil7001 What sketch? I haven't considered any other EV besides Tesla because they have had long experience. Ioniq 5 has expensive coolant flush every 3 years.
Wow, you have over 98k more miles than I have on my 2018 M3. Of course, working at home since March of 2020 is the biggest reason why I have only 46k miles on my M3. Nice breakdown video. 👍
Model 3 2022 long range with 144k miles for $15k is it worth it?
Same model 2021 with 111k miles $16k
Love my 2022 M3LR
Patiently going to wait for a model y 2024 performance with full self driving used.
Great content 👍 Will Amber Care be available outside US at some point ?
It's good you are calling these out. But it was ridiculous to me that I was quoted tire repair to fix punctures at 120 per tire here in IL. THATS STUPID!
Isn't that more to the shop's pricing? Normal tire nail patch is $25-$30.
@@Trust_but_Verify yep exactly it's way way over
15$ here in tn
Always enjoy your videos!
Add distribution harbor another $0.08 . So charging coast goes X2
Hey mate, thanks for the video. I’ve had my Model 3 for 7 months and absolutely love it.
You didn’t mention anything about your current battery health / degradation. How has that held up?
wtf, it's always negligible.
@@chezchezchezchez what do you mean negligible? 10% degradation is normal for a car that age and that’s not negligible.
Some Teslas more, some less. It’s a valid question and valid thing to consider
andy, how much has the battery degraded in the 144k+ and 6 years that you've owned the car?...and have you always charged the car to 100%, or only to 80% to extend the battery life? I'm really wanting to buy a Model 3 ( it will probably be pre-owned), but I'm nervous about having to replace the battery! Thanks.
I drove a 2016 Model S for 8 years/113,000 miles- battery degraded only 5%. I charged mostly 20-80%. Loved the car- looked like new. I wanted a smaller car, so Tesla transferred free supercharging to 2024 Model 3 for short time- I got the standard range battery- different kind- recommended to charge 100%-270 miles. Would never buy another car- we have owned 4 Teslas and love them. Tires and wipers only maintenance. No brakes after all those miles. Fun to drive, safe..... hope this helps
I've had impressive battery health so far. Recurrent has my range score at 98 with estimated 294-297 miles on 100% charge: www.recurrentauto.com
I got a 21 year old vehicle that I drive almost daily. Last year I put 5000 miles out west and back again. In a 30 day period
I have a car that I paid 18k 24 years ago,.
Did I expend 36k in 24 years in order to match the cost of that tesla?
@@JmnZFilms Good luck trying to buy a similar car today for 18k
str8 to the point no fluff, thank you
I just bought a 2019 model and its the best car i have ever driven
Omg!! If you hear a noise under your car have a look under your car. You would have found the stick yourself. I would not even admit that on camera 🤦🏻♂️
Please do an update after you’ve had to replace the battery.
Don't hold your breath. EV batteries these days will usually outlast their cars. Welcome to 2024!
8 cents for a kwh is cheap😮
I have that same 14-50 outlet since 2018. Any problems with your outlet so far?
Hmmm. Let's see. After nearly 6 years and 78,174 miles, my Model 3 cost me $69,260.36, including purchase price, Supercharging, accessories, repairs, insurance, registration, etc. At least I saved $20,927 by charging it at home with rooftop solar.
Yeah I think Teslas are great for people that just drive from point A to point B. But not good for car enthusiasts. I think the model 3 performance might be good enough for car enthusiasts. Hopefully!
Thanks Andy Most excellent review
Great update. The car still looks great. Could you share a link to the suction cup mouth that you used to mount your radar detector?
Radar detector: geni.us/Uniden
Mount: geni.us/XSPqnN
Did you say "U-n-eye-den" radar detector? It's actually pronounced "Uni-Den".
Also, I'm confused...you heard a scraping noise from under your car when turning and you didn't look under there, but instead took it to Tesla and they found a huge stick stuck in there. Looked easy enough to see yourself and then just pull it out.
So what about the battery coolant, when it that supposed to be replaced? And the motors do have oil, when does that need replacing?
But I don't know seems like your car had a lot of repairs from parts failures. I have a 9 year old Jeep (besides my Tesla), and it only had one thing go wrong, the voice command mic, which I fixed. And I've had many vehicles in my lifetime that never had as much go wrong as your Model 3 has. Even when I had my 2018 Model 3 it didn't have as much things go wrong. I'm hoping my 2023 Model Y will have way less issues than yours had.
Most other auto makers will cover recalls outside of the warranty. So I'm a bit shocked that Tesla didn't cover your control arm replacements.
You only pay $0.08 for electricity in your area at home?! In mine it's $0.33 and they are proposing another rate increase, good thing I have solar. And Superchargers in my area cost $0.43.
I cringed at the uniden part too and especially the stick part. This dude has never gotten his hands dirty in his whole life.
@@alextrainor2552 Normally he's pretty good, so I was surprised at this. Apparently he put in a newer radar detector but don't recall him ever saying he replaced his battery version before, yet he had clips of the older radar detector in this video which seemed odd. And I don't think he included the price of this upgraded radar detector because it's a lot more expensive than his previous one.
Non quite applicable for UK and EU 😅😂 with our crazy prices ….and crazy people he he
what about battery degradation? @aslye
8 cents per kw? Where is this, lol
KY
This link says it’s 12.48 cents on average for KY
@@seanallen1315 off peak rates lge-ku.com/residential/billing/time-of-day-rates
those minor mechanical issues should be happening on a 2018 car
I had to replace my front arm bushings at 30k miles. I went with upgraded solid mount bushings from mountain pass performance and it made the steering tighter and they will last forever.
Insane costs, I still have my 2013 Ford C-Max PHEV that I purchased for $16K back in 2015. I have 145K miles on it, Its battery has degraded by 35% but I only charge it at work for free. I've had no major problems, and only needed new breaks once do to its great regenerative breaking, Oil changes are only every 10k miles and other general maintenance has been under 2k for the last 8 years. I spent $700 to update the sync system to version 3 so I could have Android auto on it. It's simply the best car I have ever owned, and it will keep going for years to come I hope. I can't imagine spending all the money an a pure EV and have its battery range degraded 30% or so over the years and have to deal with all the other BS of charging. That's why I never plan on getting one until the batteries last longer or charger faster.
How about the precious TIME wasted in charging on road and stresses from that? I value my time highly.
Hi Andy, what's the name of your radar detector again
Radar detector: geni.us/Uniden
Mount: geni.us/XSPqnN
What radar detector mount is that?
Radar detector: geni.us/Uniden
Mount: geni.us/XSPqnN
@@aslye thanks! I thought it was some special one. Smart move on using a phone holder!
My one issue has been cabin noises when I’m over 75mph.
Any advices?
Yes, drive slow😂
@@michaelcrz1430 that’s one solution, lol
Camry is quiet when going 75.
@@DerekDavis213 Makes perfect sense, a whisper quiet ICE engine at 75, quieter than an electric engine. What planet are you from?
@@michaelcrz1430 lol
I just drive my Toyotas for like a decade before a variety of stupid things go wrong. Tesla having all those problems is ridiculous, IMO.
Now the car is worth 15k at best. So 40k in depression. But you saved 1k a year in gas. I might buy a 2024 model y in 2027 for 18k. Bought my last car in 2016 for 11k, otd, put 70k on it, now worth 7k. Spent 17k in fuel. So 20k all together would have done much better if I had bought the E320CDI for 2500, it would have gotten almost twice the gas mileage
Saving more than a 1000 in gas
Compare to an equivalent priced BMW 3-series back then and what it's worth now with that kind of mileage.
Til the battery dies.
Wow…a Louisville guy
The wheels will never fall off. So you're stuck with it. Till the end.
you actually took your car to a garage to have stick removed?
I’m surprised you didn’t get the aftermarket chrome delete.
No need! wtf
@@chezchezchezchez No need for any of this he could’ve been driving a 96” ford festa
Is your iPhone battery health still at 100%?
Sorry about your scrape up on your driver's side rear quarter panel. It looks like an easy uncomplicated bodyshop repair. I have been driving Honda's and Toyota's that are over 17 years old and if I try let my insurance company handle my repairs of a minor fender bender, they just total my vehicle and then double my insurance rates. So, I take my vehicles to a local hundred-year-old German-owned body-shop, in Northern Kentucky, and pay for body repairs out-of-pocket and they make it very reasonable.
What about your drive train unit fluids and oil filter have you changed them
People that buy new cars always want new cars...they buy them and sell them within 2 years. The depreciation value is coming into play as EV saturation becomes apparent. Everybody that wants an EV has one. So the demand for used and new EVs have fallen as they are not a rare status symbol any more. New car buyers that want to trade up their cars for newer models are not buying EVs because the depreciation value is too much. Fleet owners are suffering too.
You clearly don't understand depreciation. Depreciation of cars means that your once new, and now older car, is worth less than it was when you first bought it. That can happen because your now used car is falling apart and no one wants it. But in the case of EV's which actually hold up far better than most ICE cars because there are way less moving parts, in the case of EV's they are currently depreciating because the new model EV's are better and cheaper than ever, and so why would anyone want a used EV when you can get a brand new one at a great price. Therefore there’s lack of demand in the used EV market as new EV's dramatically improve and their prices come down. This, by the way, is a temporary phenomenon. In the coming years the EV market will settle out as the technology matures, and as EV makers get better and better at building their EV's at the lowest possible price. It's the same thing that happened in the computer industry a little while back, to name just one. And with smart phones, to name another. In a few more years, its pretty clear that EV’s will actually depreciate far slower than ICE cars.
Tap your brakes, @Tom-dt4ic. That's quite the salty response to the OP on the topic of depreciation. Who know this topic could cause such emotion?!
True, depreciarion can be due to mechanical issues exactly like you said. That's not all though, is it?
Nope. Depreciation happens when an asset's value decreases relative to similar assets on the market. Even a shite colour can devalue a car relative to others out there, EV or not. More importantly, just like the OP said, market saturation is the biggest driver of EV depreciation right now. Just ask Elon whether its happening on new cars or not.
All i know is Tesla has cars piling up with no demand. Parties Over, get some aspirin for your hangover.
Is that why the Model Y was the best selling car in Europe last quarter. And the second best selling car, the Model 3. Some slowdown.
My friend is tracking delivery of her model 3 today after a 2 month delay. This is in LA. You’re wrong.
I'm patiently waiting for used EV prices to level out
if you qualify, the $4,000 used EV tax credit makes used EVs a steal. Just sold my 2019 Model 3 LR for 20,000, with 104,000 miles, but the buyer only paid 16K for it. That's an incredible price for that car
It has to be sold by a licensed dealer to qualify for the $4000, but it's at point of sale, not wait until you file your taxes like it used to be. The Tesla dealers around my area regularly get under $25k for the standard range Model 3. The way Tesla sells their used cars is they have a reverse auction where the cars is reduced $100-500 every day until the car is sold, so you have to act fast when they drop below $25k.
For example, one dealer has a 2019 Model 3 with 17k miles for $25.1k with zero accidents. Another has a 2020 Model 3 with 47k miles for $26k. You find their used inventory on Tesla's website , slash inventory, slash used.
Scott the same . Seen the mach E and model y around here dropped in price and where almost making sense to buy one
@@jamespugh I hear ya. The depreciation is nuts right now. Maybe in 2+ years.
@@jamespugh English not good. Incoherent!
Well, now you have an independent house and you can charge it. But what will happen if the people living in the building charge electricity at fast charging stations? How much money will they spend? $11,000 or so ? Now is the time to tempt people into electric cars. If there are more electric cars, the prices will increase
Early next year I will be getting a model 3.
Idk if I should get the RWD standard or AWD long range?
I cannot charge at home but will be charging at work
AWD LR, thank me later
2018 M3 LR RWD
No home charging = you want the bigger battery
I would go for the RWD SR if you can get LFP. AWD LR has higher consumption than the RWD SR and on an everyday basis you can only really charge to 80% with the NMC/NCA compared to 100% with the LFP. This means that the range difference wont be that big on a daily basis.
I would also consider the money saved with a RWD SR probably equals all the charging you will have to do.
Did you know that the 2024 Model 3 no longer has a Turn Signal Stalk on the left hand side?
If you live in an area with heavy snow fall in the winter, then you will want the AWD. The recent RWD has an LFP battery which can be charged to 100% with little to no battery degradation.
@@longmuskox4194 has to be a lot of snow. EV RWD is much better in snow than you might expect. Put some good tires on and it. My Model Y RWD did just fine during the heavy snow fall we had this winter.
$1800 Dollars for Plastic wrap ....
ha,hahahahaahahaaahaaaaaaaaaaaaaaa what a joke.
A Honda Accord or Toyota Camry don't need plastic wrap.
Andy better get an extended warranty if he can't see a stick under the car.
😭
He can't get an extended warranty now, you have to do that prior to the original warranty expiring.
...until you need to replace your battery! Then, it instantly becomes a poor choice, as a new battery will cost more than the Tesla is worth, wiping out any gains and making it of less value than petrol hybrids. My car is 16 years old and still going. It is a diesel, and there are no worries about spending $20-30,000 on a new battery.
Also, I live in a flat with no chance of home charging, so gains from cheap electricity are impossible, and electric prices in the UK are very high. Also, the UK has much cooler temperatures, meaning a range of 300 miles can easily translate to 150 miles with heaters on. The overall consensus from users in Europe has gone from positive to negative. It is good to see BMW and Mercedes announcing they are reducing their EV capacity and returning to petrol and diesel (hybrids).
@andyH_England
Sounds like great argument until you mention Norway. Much, much colder and huge rates of EV adoption over the past 10 years or so. Sorry mate, you're gunna have to give up that dirty diesel at some point😢
@@bandicoot2016 Norway is the exception rather than the rule because they know what they’re doing over there. Our charging network over here sucks and as over 60% of us live in apartments of some sort thus ruling out the majority of us having any convenience with at home charging and obviously any savings. I can understand some countries it works well but others, not so much. People are now seeing this. Thankfully the UK government has extended diesel for at least another 10 years so no worries yet and by then the full impact of lithium ion batteries will have come to light.
What's battery degradation on 144k miles?
I have 95% battery health after 144K miles according to my Recurrent report: www.recurrentauto.com
Estimated range loss = 5% (310 miles of range in 2018: 295 miles of range in 2024)
@@aslye No way it still has 95% battery health at 6 years and 144k miles.
@@Resist4 Welcome to 2024. Time to give up on your anti-EV disinformation myth. Andy's results are constant with the battery data gathered from thousands of similar EV's.
@@Tom-dt4ic I've probably been driving EV's longer than you, so I'm not about disinformation. I'm about facts. You have to remember that Andy also said in one of his videos a while back that his battery health was at 100%. That proved to be incorrect by many other sources that discovered an error in the calculation.
Look, I don't mind a video discussing the pros/cons, but don't lie. The math isn't anywhere close to "20k" in gas savings. Regular (not premium) as there are plenty of luxury cars that run on regular, fluctuated between 2 and 4 dollars between 2017 and now, for a rough average of around 3/gal. 3/gal at a mixed used of 27 mpg (which again, there are plenty of lux cars that exceed that) the gas usage would have been 17,300. Then subtract out "charging" for a realized savings of 14k. Even using premium it would have raised the raw "gas cost" from 17.x to 20.x as a rough estimate at 27mpg. So, this is definitely cherrypicking to skew the results. I'm not against the 3, I am actually considering one for a commuter, but be honest.
I bought a Tesla model Y last year and keep all stats. The $.08/kw cost to charge doesn't add up. I'm not sure what state he's in but in IL with a discounted plan the cheapest seasonal rate I've paid is $.13 and $.16 on the higher side.
My annual gas savings compared to my Audi Q7 w/17 mpg and premium gas are about $1000 for 8 miles. If you compare it to an efficient car or hybrid those would be significantly less. My charging is mostly at home and if it was public charging then the savings would disappear as rates double or triple in cost.
I bought it because I love the concept and it's a cool fast car.
It definitely doesn't fit every budget or purpose.
@@parastheoneI live in West Michigan where my electric is $0.085. My utility is an owned by the city I live in and therefore is profit free. They simply cover their own costs. On a nice day I can easily get 4 miles per kW/hr, costing me then 2-3 cents per mile.
I bought a M3 but was driving a Honda Civic before hand. If you average 35mpg and gas is $3.50, you’re paying 10 cents per mile. On the highway I could get 40mpg, so I’d be paying more like 8-9c/mile.
So basically, my M3 is about 3-5x less expensive in fuel costs than a Civic.
Yeah those gas savings he mentioned don't really make sense. Most compact economy non-hybrid vehicles that are similar in size to the Model 3 are averaging about 29 mpg. I think he's using the Tesla app which I wouldn't really rely on 😂. Obviously the Tesla app is gonna say he saved a boat load. I drive about 20k per year, the Model 3 is costing me about $0.06 per mile. Using a non-hybrid with 29mpg avg it would cost me about $0.17 per mile. At best I think he saved about 13-14k in fuel savings.
Ikr? I feel like he is lying lol
If you live in California like me it probably sounds like a understatement
😭 4.20 per gallon was the cheapest I seen in the last 2-3 years I wish I was lying
You neglected to factor in depreciation. You say you will keep the car forever? When someone else totals your Tesla, add the value of the insurance payout which is current market value. Do the same thing with a wrecked Camry hybrid,. The Camry will hold the value a lot better with an insurance payout that is a much bigger percentage of the original cost than a very depreciated Tesla.
Very very true, but buying a new Tesla wont solve this issue since he will have to pay for yet another round of extremely fast depreciation.
Why does it matter if I can get a used one for the depreciated value the insurance company gives you?
Yeah but you still have to drive a Camry…
Video addresses "cost after 6 years", not potential future cost. Depreciation is irrelevant until you sell it or in your scenario are forced out of it. To each his own, but I'm not going to base my car buying decisions on the assumption that someone is going to total my car.
@@brianmills4891 Depreciation already occurred in the 6 years. When someone totals you, you are forced out of the Tesla. You have no choice in the matter. You are simply keeping your head in the sand by pretending depreciation hasn't already happened.
Soon its resale value will be zero, when the battery is gone.
Who is your car insurance provider?
Progressive
Full coverage? That’s pretty good 100 bucks
Thanks for the video. Glad I went with my first EV, refreshed M3 LR. I love the car. So fun to drive puts a smile on my face
With Tesla's high depreciation, this vehicle is now pretty close to being worthless.
Would you say it would be a good time to buy ? I found so many 2018 model 3's for 100k miles for under 15k
A fair comparison is Tesla vs Prius.
7 years ago I brought a 14 year old car for $1000, 7 years later I have just clicked over 282 000 miles. All servicing done by me. Car is worth about $2500 today. still have the same battery.
I would say a 14 year old car has lost all the value it was ever going to loose. And $1000 7 years ago probably had more buying power than $2500 today.
@@chrishart8548 IM HOPING TO GET 100,000 MORE MILES BEFORE ITS FINISHED
Great video. This is exactly what the ICE car owners are missing. The more you drive, the bigger the savings. Other saving includes not having to go to gas station, esp Costco.
Camry Hybrid has range of 630 miles, and you can fill the gas tank in 5 minutes. Big advantages over Tesla
@@DerekDavis213I have the luxury to charge my Tesla model 3 for free at work and we have 8 level 2 charging stations.
@@rsxbulma But 100 million Americans rent, instead of owning their homes. They cannot charge at home. And few workplaces offer charging there.
@@DerekDavis213 Not when we charge at home. We drive in and plug in. Takes all of 5 seconds and we aren't standing in the rain, sun, heat or cold. Note that he charges at home 94% of the time. How often do you charge overnight at home while you are sleeping?
@DerekDavis213 My Tesla has about 300 miles of range and I spent less than 20 seconds per week to charge it and I am pendling to and from work and have some trips on the weekend as well. I am using 325 kWh per month, now you can calculate my cost (off peak charging) for my 1100 miles, and no engine service, big advantage over Camry
My Mitsubishi L200 is 9 years old. It's never needed any repairs. Your Tesla seems to be quite problematic by comparison.