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Sold my Model 3 after 3 years. Cost of ownership.

Cares

Member
Jul 23, 2018
188
149
Orange County, CA
I just sold my 2018 Model LR RWD almost exactly on the 3 year anniversary date. What was my cost of ownership?

$62,488 Price out the door with features, taxes, and delivery
-$10,000 tax incentive
$52,488 net cost

Drove 39,800 miles using 10,003 kWh. Exclusively charged at home on TOU solar or free supercharging. But for calculation sake it was $0.12. I came from a 13 MPG SUV so the cost savings was huge. Would have used 3,061 gallons of gas. Assumed $4.50 per gallon cost.

$13,776 in gas cost
$1,200 in electricity cost
-$12,575 in mileage savings

Sold it for $42,000 + $12,575 = $54,575

After driving this car and enjoying it for 3 years I came out positive $2,087! This is insane. Even if you factor in the new set of tires I got after 25k miles and tint on the car I would still be slightly positive.

I traded up for a Model Y Performance and I hope to get many years of enjoyment like I did my 3.
 

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Cares

Member
Jul 23, 2018
188
149
Orange County, CA
No way, Tesla was offering me $32,000 and then they upped it to $33,000 after I ignored them...Tesla is the absolute worst in terms of value. You only do it for convenience and even then it isn't very convenient.
 
  • Informative
Reactions: Carolina Karl

RayK

Active Member
Apr 5, 2016
2,222
2,221
San Jose, CA
And if you really want to nitpick, average gas prices in Orange County over the last three years is more like $3.60/gal for regular. If you're talking about supreme, then I'd say maybe $3.85.

 

ThomasD

Active Member
Nov 22, 2019
1,198
601
Breckenridge Co Ky
Is gas that expensive where you live that you would have spent 13,000 dollars. In 3 years I've put 40,000 on my pickup and only spent 1300 a year on gas. What is your gas tax?
 

St☰v☰

Member
Aug 27, 2019
837
587
Texas
Is gas that expensive where you live that you would have spent 13,000 dollars. In 3 years I've put 40,000 on my pickup and only spent 1300 a year on gas. What is your gas tax?
When I moved out of that hell hole in June it was over a buck.

A recently-released study from Stillwater Associates notes that “price increases due to taxes and fees are not insignificant,” and calculates the government gas taxes and fees add about $1.19 per gallon to the price of fuel in the Golden State.

These include the federal excise tax (18.3 cents per gallon), state excise tax (50.5 cents per gallon), sales tax applied to the price of gas plus excise tax (which is effectively double taxation), underground storage tank cleanup fee (2.0 cents per gallon), cap and trade costs (about 14.3 cents per gallon), and the Low Carbon Fuel Standard (about 22.6 cents per gallon based on current prices).
 

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