PART 1: The Economics of Owning a Tesla Model 3

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  • Published on:  Monday, May 28, 2018
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  • The Money Guy Show

    The Money Guy Show

     a years ago +10

    Check out our playlist full of Tesla Model 3 reviews here:

  • RichDick Johnson

    RichDick Johnson

     2 days ago

    Who can afford to pay off a new car in 3 years?

  • cbthethird


     7 days ago

    passenger is PC Principal.

  • chrisbiz2


     21 days ago

    Pull off the aerodynamic hubcaps, which save you 10% on milage, and you’ve got beautiful 18 inch aluminium wheels.

  • Games4U


     a months ago

    just buy a Mercedes for 15k

  • Victor Hugo

    Victor Hugo

     a months ago

    Powered by twin electric motors similar to what you’ll find in the production Ariya, the 227kW/680Nm “Super Leaf” sends power to all four wheels.

    That’s more power than firecracker hot hatches such as the Honda Civic Type R and more torque than a V8 Ford Mustang.

    Nissan's all-wheel-drive Leaf prototype offers insight into how future cars will drive.

    Nissan's all-wheel-drive Leaf prototype offers insight into how future cars will drive.Source:Supplied

    Factor in all-wheel drive, with wider wheels pushed further outside the bodywork, and the result is a car with the sort of initial straight-line acceleration normally reserved for supercars.

    Clever torque vectoring tech pinched from the Nissan GT-R helps make the most of that grunt, transforming the Leaf from a forgettable hatchback into a genuinely capable machine.

    Our brief steer on Nissan’s test track revealed rapid acceleration, determined roadholding and flat cornering in a package much more impressive than the current Leaf.

    To counter the risk of electric cars being seen as soulless appliances, the Japanese marque says its next generation of electric vehicles will be better to drive than petrol siblings, with improved straight-line performance and clever torque control made possible by electric motors.

    Nissan also worked to refine the car’s regenerative braking, making it smoother and more progressive to improve ride comfort for the occupants.

  • Rusty Shackleford

    Rusty Shackleford

     a months ago

    As a Texan, I’ll see a Tesla every 4 months if I’m lucky. They’re just not popular here

  • peter o

    peter o

     a months ago

    Most interesting...well done.

  • NotTheCIA I.think

    NotTheCIA I.think

     a months ago +1

    For a model 3, there is only the 4 year battery coolant and brake fluid replacement costs. Thats it. Besides brakes and tires. But brakes wear 5 times less than a normal car.

  • Victor Hugo

    Victor Hugo

     2 months ago

    terms of Nissan Leaf batteries, for those batteries that are like nearly 10 years old, and 1 in million case, all new replacement batteries have the latest cooling tech cost 9k for the best one, and will last 300,000 miles or until 2030, so 1 in a million that is over 50% degraded have that option, the rest have another few years or another 100,000 miles to reach over 50% degrading, and btw you can still drive it fine up to 80% degradation anyway, which even for this 1 in a million case of a bunch of previous owners and climates, will arrive in like 2024 or so, which by then a battery replacement will cost like 3k and last 1 million miles

  • Edysin Simon

    Edysin Simon

     2 months ago

    As much as the model 3 appeals to me....I'm just gonna buy a Porsche e-hybrid and not concern myself with the charging concerns. Probably the Cayenne model. Yeah it costs a lot more but I'm one of those long term keeper kind of guys. No plans on selling it for many years. When/if Tesla makes their charging platform more universally compliant THEN I may consider it.

  • William Kirkland

    William Kirkland

     2 months ago

    So this morning I was leaving valley forage going to Elizabethton and see a Tesla with a Crome on the trunk. Looked just like yours. . Wish I could afford one

  • Nils Johansson

    Nils Johansson

     2 months ago

    After rummaging through my desk, I found the iPhone 1 that I waited in line to purchase. It no longer works, is basically a paperweight and will never be turned on again. I think the Teslas are much the same except much more expensive! You want one, buy it! I'll save my soldiers for a better battle!

  • Ozzie Alarcon

    Ozzie Alarcon

     2 months ago

    I own a Model 3 and I've done the math. I figure it's costs me about $1.68 for every hour that I'm charging my Model 3. My car charges in about five hours which translates to around $8.50 per battery charge. I think that's a pretty good deal considering I've never owned a vehicle that only cost me $8.50 to fill up with gas.

  • Henry Cruz

    Henry Cruz

     2 months ago

    Do t answer questions if you dont know the answer. They are not normal tires

  • Brent Shuffler

    Brent Shuffler

     3 months ago

    Shaking my head . . . I have found ways to minimise my driving time and cost: my gas is now under U.S$20 per month. So I guess that the majority of households in North America are spending per month, or even per week, more than what I spend in a YEAR.

  • Brent Shuffler

    Brent Shuffler

     3 months ago

    Nearly U.S.$60,000 for a depreciating car?!!! That can build/buy a house in most parts of the world. A big waste of money even if you have the cash. The U.S.A. is one of the richest countries in the world. However, that sum is the equivalent of most households' total annual income gross!

  • Christopher Eirich

    Christopher Eirich

     3 months ago

    3 years? You're full of nonsense, but it's expected from an ultra conservative financial guy who can basically be categorized as the snake oil salesman of financial professionals. If you're paying 3-4% interest on a car, you can take the extra cash that you'd have to put down, invest it at 7-10% and be well ahead. Get a grip on the math. You're a fool.

  • Shan Satish

    Shan Satish

     3 months ago

    sunglass brain says " blah blah blah blah blah........"

  • Shan Satish

    Shan Satish

     3 months ago

    Obviously gas is more convenient than electric at this point....but, this is the future with some changes