TESLA Model 3 TRUE Cost of Ownership Compared with a Honda Civic & BMW 3 Series

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  • Published on:  Friday, November 17, 2017
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    The Tesla Model 3 is upon us, and it’s already being heralded by many as the most important car in decades.
    Cost Calculator: http://geni.us/Model3CostCalc

    But whether you’re one of the nearly half a million people who have already given Tesla a $1000 deposit, or someone who is wondering if it just makes financial sense, this video is for you.

    At $35,000 dollars, the Model 3 is the most affordable Tesla to date. And with its 220 mile range, 126 MPGe, and 0-60 time of 5.5 seconds, it’s proving to be quite the little EV that could.

    Very enticing indeed.

    But the primary question remains: What is the TRUE Cost of Owning a Tesla Model Three?

    While the question is simple, the answer is not.

    The devil is always in the details, and so we will take a look at a couple of other popular gas powered cars for comparison, and look at Total Cost of Ownership over 5 years.

    We will also explain the ugly truth about MPGe, and tell you what we think is a better measurement.

    And if you’re counting on the $7,500 Federal Tax Credit, we’ll talk about why you may not even qualify for it.

    Lastly, we will provide you with some cost calculators to help you reach an educated conclusion, based on your specific situation, because where you live & how you drive, really does affect your bottom line.

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    Other Calculators to Help You (suggest your favorite in the comments)
    https://www.befrugal.com/tools/electric-car-calculator/
    https://www.edmunds.com/tco.html
    https://www.afdc.energy.gov/widgets/

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    Tesla Coffee Cup:
    http://geni.us/TeslaCoffeeCup02

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    Thank You,

    Chris & Ricky
    *****
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  • Source: https://youtu.be/XR_ub5eL9n0
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  • Two Bit da Vinci

    Two Bit da Vinci

     a years ago +28

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  • Herman Willems

    Herman Willems

     2 days ago

    Please tell me where i can buy this 15.000 dollar Priced second hand 5 year old Model 3 please. That is FUCKING CHEAP dude. It will not sell that cheap. No fucking way.

  • Rousseau Rousseau

    Rousseau Rousseau

     4 days ago

    Teslas are great till they run out of warranty.

  • Saqlain Mateen

    Saqlain Mateen

     5 days ago

    What are teslas wiper blades made of? Gold?

  • Canvideo

    Canvideo

     5 days ago

    What about the Tesla paint problems? How much will be rusted in 5 years? What about the battery depreciation and replacement cost? Which car is the lowest cost over 10 years? Also, if too many people go electric, the cost of gasoline will go down and the cost of electricity will go up.

  • Mark Anthony

    Mark Anthony

     6 days ago

    No mention of the mandatory Tesla upgrades, where if you don't fork over several hundred dollars you can't use your car. On the costs of the Civic, I own one, and I drive twice the miles and in temperatures as low as minus 40 degrees Fahrenheit (Northern Canada)...and my maintenance and fuel costs combined do not come to more than $2000 per year. Sorry but this comparison is waaaay off.

  • Captain Baksmak

    Captain Baksmak

     7 days ago

    Compare 2020 Honda Insight Please

  • Taran Singh

    Taran Singh

     7 days ago

    Dude in ca we have special pricing for ev charging ut only cost 9 cents how did you get 20

  • Ray Madani

    Ray Madani

     7 days ago

    what is beamer ?
    respect the brand, you butt head !

  • leckers15

    leckers15

     7 days ago

    FAKE!!! Stupid video! How come there are a lot of ignorant likes??? Please report this owner. Misleading people or just plain dumb ???

  • Parker

    Parker

     14 days ago +1

    Something is not right with his statements! Someone tell me if he is at least close or completely wrong?

  • yoshi1015 yoshidiman

    yoshi1015 yoshidiman

     14 days ago

    What tesla doesnt completely break down after warranty.... plan on new electric motor for 6k and a new battery not to mention all the expensive control systems and door locks .... this study was great until you omitted reality

  • Bo McGillacutty

    Bo McGillacutty

     14 days ago

    Who ever purchase a $35k M3??

  • Maddie Castro

    Maddie Castro

     14 days ago

    We should also consider the battery replacement value.

  • Maddie Castro

    Maddie Castro

     14 days ago

    How about comparing it to Prius?

  • gusik89

    gusik89

     14 days ago +1

    Those golden tesla key fobs, 400 dollars each year...

  • Jeffrey Barker

    Jeffrey Barker

     14 days ago

    Which Model 3 is $35,000...? I haven’t seen them below $40,000.

    This is also the only video I’ve seen that has a Tesla costing more to own. Literally the ONLY one.

  • jabberwolf

    jabberwolf

     21 days ago

    That's if you sell your car after 5 years.
    Not every environmentally friendly is it ?!
    I finally got rid of my SUV after 16 years - that's about 2 more cars that did not need to be produced.

  • hjkl hjkl

    hjkl hjkl

     21 days ago

    Wtf... Tesla model 3 costs 55 000 euros in europe.. That is over 60 000 dollars.... So... Is cheaper to buy bmw audi mercedes honda etc.

  • AdoreMiyabear

    AdoreMiyabear

     21 days ago

    After 8 years warranty over, you'll pay the prices what's you been saving. Battery needs to replace $15k-$20k, maintenance and replace parts very expensive. My 2000 Honda Civic 368,000 run for ever