Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! I’ve spent more money on maintenance of my 2019 Tesla Model 3 SR+ (Standard Range Plus), so it’s time for another cost of ownership update. Also, before I get into the latest expense, I should note that I decided […]
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Also, before I get into the latest expense, I should note that I decided to pass on the Tesla extended warranty option. I wrote about it a, eventually deciding to take the risk and assume I’ll spend less in the next couple of years on extra maintenance/repairs than I would have paying for the warranty. That probably means I’ll actually send more. We’ll see!
That doesn’t really mean the 5-year cost of ownership will be a bit above $50,000 anyway, though, because the car will still be worth something, and I’ll still have another year of car payments.. So, that would put the cost a bit above $37,000 after subtracting remaining payments, or we could say $7,400 a year. But I’m not really satisfied with Tesla’s estimated trade-in value and am keeping the Model 3.
So, we’ll see, but one thing is for sure — I expect the Model 3 resale value in 2029 to be good enough that the 10-year cost of ownership is well below $60,000. For now, though, I’ll just continue tracking service & maintenance costs.I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there.
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