Tesla Motors Club
Okay well today is the day, well tomorrow is when I buy so I decide today.
This is a follow up post to one I created yesterday and got some much appreciated feedback from the community here. I really do appreciate it and will also monitor those.
I wanted to update some numbers, streamline the post to have all the numbers in one place, and add in some of the thoughts I now have.
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Ultimately I am looking for the lowest cost of ownership on my new Tesla. My current car is likely to be totaled so finding it's replacement.
What has already been decided:
I like the X's door gimmicks, but these have found to be out of budget.
I want FSD, mostly bc I want to be able to get the upgrades down the road.
I think I will be happy either with an S or stealth 3 for everyday use. Enjoyed both test drives.
I currently won't have the ability to add a home charger, but there are genuine superchargers right at work that are usually not in use.
I will be driving about 15k miles a year.
I will want AWD as living in New England
I used Teslanomics cost of charge calculator and found that at $.23 kWh 15k miles a year on a 3 costs $1,284
What are the options:
Car: Dec 2016 Facelited Model S 75D, 55k miles, FSD, premium package, no cold weather upgraded stereo or air suspension
Cost of car: $50k (Will need to add $2k for MCU 2.0 update claimed)
Cost of fuel: $0
Cost of insurance: $2,500 per year currently.
Excise tax over 5 years: $1,150
Warranty: 1.5 years or 20k miles left on extended service plan, 5 years unlimited miles left on battery.
Cost of car over 5 year private party auto loan at 5.89%, including excise tax, fuel, insurance, and upgraded MCU: $77,600
Car: 2018 Model 3 Stealth Performance, 35k miles, FSD
Cost of car: $50k
Cost of fuel: $1,284 per year currently
Cost of insurance: $1,500 per year currently.
Excise tax over 5 years: $1,190
Warranty: 2 years or 15k miles left on original warranty, 6 years or 85k miles left on battery.
Cost of car over 5 year private party auto loan at 5.89%, including excise tax, fuel, insurance: $79,000
Car: 2020 Model 3 Stealth Performance, 0 miles, FSD
Cost of car: $57k
Cost of fuel: $1,284 per year currently
Cost of insurance: $2,100 per year currently.
Excise tax over 5 years: $4,300
Warranty: 4 yr or 50k miles new car warranty, 8 year or 120k mile battery warranty.
Cost of car over 5 year private party auto loan at 3.5%, including excise tax, fuel, insurance: $89,400
Okay so that was a lot. If you made it here, thank you. I value your opinion highly!
This is a follow up post to one I created yesterday and got some much appreciated feedback from the community here. I really do appreciate it and will also monitor those.
I wanted to update some numbers, streamline the post to have all the numbers in one place, and add in some of the thoughts I now have.
_________________________________________________________________________________
Ultimately I am looking for the lowest cost of ownership on my new Tesla. My current car is likely to be totaled so finding it's replacement.
What has already been decided:
I like the X's door gimmicks, but these have found to be out of budget.
I want FSD, mostly bc I want to be able to get the upgrades down the road.
I think I will be happy either with an S or stealth 3 for everyday use. Enjoyed both test drives.
I currently won't have the ability to add a home charger, but there are genuine superchargers right at work that are usually not in use.
I will be driving about 15k miles a year.
I will want AWD as living in New England
I used Teslanomics cost of charge calculator and found that at $.23 kWh 15k miles a year on a 3 costs $1,284
What are the options:
Car: Dec 2016 Facelited Model S 75D, 55k miles, FSD, premium package, no cold weather upgraded stereo or air suspension
Cost of car: $50k (Will need to add $2k for MCU 2.0 update claimed)
Cost of fuel: $0
Cost of insurance: $2,500 per year currently.
Excise tax over 5 years: $1,150
Warranty: 1.5 years or 20k miles left on extended service plan, 5 years unlimited miles left on battery.
Cost of car over 5 year private party auto loan at 5.89%, including excise tax, fuel, insurance, and upgraded MCU: $77,600
Car: 2018 Model 3 Stealth Performance, 35k miles, FSD
Cost of car: $50k
Cost of fuel: $1,284 per year currently
Cost of insurance: $1,500 per year currently.
Excise tax over 5 years: $1,190
Warranty: 2 years or 15k miles left on original warranty, 6 years or 85k miles left on battery.
Cost of car over 5 year private party auto loan at 5.89%, including excise tax, fuel, insurance: $79,000
Car: 2020 Model 3 Stealth Performance, 0 miles, FSD
Cost of car: $57k
Cost of fuel: $1,284 per year currently
Cost of insurance: $2,100 per year currently.
Excise tax over 5 years: $4,300
Warranty: 4 yr or 50k miles new car warranty, 8 year or 120k mile battery warranty.
Cost of car over 5 year private party auto loan at 3.5%, including excise tax, fuel, insurance: $89,400
Okay so that was a lot. If you made it here, thank you. I value your opinion highly!