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2016 $TSLA Model S - 5 Yr Ownership Review:
124,402 miles
3 sets of tires + rotation ($2400 total)
2 sets of brakes ($2125 total)
2 door handle (out of warranty - $600)
Window repair ($100)
Home charging 99% of miles at avg of $0.11/kWh (~$4778)
Total - $10,003
124,402 miles
3 sets of tires + rotation ($2400 total)
2 sets of brakes ($2125 total)
2 door handle (out of warranty - $600)
Window repair ($100)
Home charging 99% of miles at avg of $0.11/kWh (~$4778)
Total - $10,003
Cost of ownership - if I would’ve kept my Jeep Wrangler Arctic Edition:
124,402 miles
3 sets of tires + rotation ($3600 total)
2 sets of brakes ($1200 total)
Gas - $19593 (avg $3.15/gal @ 20 mpg)
Even with no other repairs...
Total - $24,393
124,402 miles
3 sets of tires + rotation ($3600 total)
2 sets of brakes ($1200 total)
Gas - $19593 (avg $3.15/gal @ 20 mpg)
Even with no other repairs...
Total - $24,393
Purchase Price:
Tesla - $59.5k (including federal/state tax credits)
Jeep - $49k
Trade In Value from KBB on GOOD condition:
Tesla - $22,570
Jeep - $19,917
Tesla - $59.5k (including federal/state tax credits)
Jeep - $49k
Trade In Value from KBB on GOOD condition:
Tesla - $22,570
Jeep - $19,917
So even when considering the depreciation of both vehicles:
$TSLA Model S (which I payed $10k more for to start) still saved me a net $6500 in comparison to the Jeep Wrangler.
$TSLA Model S (which I payed $10k more for to start) still saved me a net $6500 in comparison to the Jeep Wrangler.
Not to mention the fact that ownership of the $TSLA vehicle was:
(1) 10X more enjoyable
(2) solidified my investment in this revolutionary company
(3) saved some CO2 emissions along the way
(4) brought me into the @Tesla community for life
(1) 10X more enjoyable
(2) solidified my investment in this revolutionary company
(3) saved some CO2 emissions along the way
(4) brought me into the @Tesla community for life
What’s so interesting too:
Run the numbers on 5 year cost of ownership of a 2018 $TSLA Model 3 at the same level ($49k starting price), and the results are mind blowing
Cost of ownership - $10k
Cost of vehicle - $49k
Trade In - $21k
Savings compared to Jeep - $14k
Run the numbers on 5 year cost of ownership of a 2018 $TSLA Model 3 at the same level ($49k starting price), and the results are mind blowing
Cost of ownership - $10k
Cost of vehicle - $49k
Trade In - $21k
Savings compared to Jeep - $14k
