I'm almost a year into owning my Model S (a month and half away), and of my previous cars the Model S has had the lowest service and maintenance costs of all the cars I've ever had.
I think one of the things that amazes me day to day is how much is included with the Model S -- so many things that I paid for in other vehicles is standard. The last new car I bought was a 2001 Toyota Celica. After buying it, I paid around $2500 for a aftermarket GPS/Infotainment/iPod system, and $700 for LoJack to be installed. If I had added Bluetooth integration it would have cost another $200. That's almost $4000 in features that comes standard with the Model S.
Recently, as I passed the 12,500 mile mark I took my Model S in for the annual inspection. They found that my passenger door handle was malfunctioning and replaced it at no cost. For $600 they replaced my windshield wipers, checked everything, rotated the tires, replaced the batteries on the fobs, and gave me a loaner for the day.
I drive less now than I did in 2001, and after a year in the Celica, I had accumulated over 20,000 miles. On my Celica, I had to do the following: 6 oil changes, 10k, 15k, and 20k services. Total cost of oil changes and services for the Celica in 2001: $750. That cost does not include loaner rentals when it went in for major services, which could easily add on another $200 or so. On my Celica, I also had to replace tires at 30k (3 years later) for $450. I expect I'll have to do the same for the Model S (if not later -- the amount of tread left after a year is pretty good).
I was also surprised at the rates for insurance for the two cars : (granted I was younger in 2001, but still). Toyota Celica in 2001: 1500 per six month period. Tesla Model S in 2015: 700 per six month period. In 2016, the Celica is still being insured for $450 per six month period, and the Tesla for $675, which amounts to just a $33 difference per month.
I've put over 175k miles on the Celica, and probably put in 25k over the course of 15 years into misc service and maintenance costs not including insurance, and 10k worth of gasoline. Taking all the costs into account, I would have been far better off with a Model S in 2001 had they existed.
I'm really looking forward to owning my Model S for many years to come.
I think one of the things that amazes me day to day is how much is included with the Model S -- so many things that I paid for in other vehicles is standard. The last new car I bought was a 2001 Toyota Celica. After buying it, I paid around $2500 for a aftermarket GPS/Infotainment/iPod system, and $700 for LoJack to be installed. If I had added Bluetooth integration it would have cost another $200. That's almost $4000 in features that comes standard with the Model S.
Recently, as I passed the 12,500 mile mark I took my Model S in for the annual inspection. They found that my passenger door handle was malfunctioning and replaced it at no cost. For $600 they replaced my windshield wipers, checked everything, rotated the tires, replaced the batteries on the fobs, and gave me a loaner for the day.
I drive less now than I did in 2001, and after a year in the Celica, I had accumulated over 20,000 miles. On my Celica, I had to do the following: 6 oil changes, 10k, 15k, and 20k services. Total cost of oil changes and services for the Celica in 2001: $750. That cost does not include loaner rentals when it went in for major services, which could easily add on another $200 or so. On my Celica, I also had to replace tires at 30k (3 years later) for $450. I expect I'll have to do the same for the Model S (if not later -- the amount of tread left after a year is pretty good).
I was also surprised at the rates for insurance for the two cars : (granted I was younger in 2001, but still). Toyota Celica in 2001: 1500 per six month period. Tesla Model S in 2015: 700 per six month period. In 2016, the Celica is still being insured for $450 per six month period, and the Tesla for $675, which amounts to just a $33 difference per month.
I've put over 175k miles on the Celica, and probably put in 25k over the course of 15 years into misc service and maintenance costs not including insurance, and 10k worth of gasoline. Taking all the costs into account, I would have been far better off with a Model S in 2001 had they existed.
I'm really looking forward to owning my Model S for many years to come.