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

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

5 Year Cost of Ownership Analysis:

2016 $TSLA 70D Model S - $10,003
2016 Jeep Wrangler - $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

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.

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

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

@UnrollHelper