Used 2021 Tesla Model 3 Cost to Own
Total 5-Year Ownership Costs
Model 3 Performance
Performance 4dr Sedan AWD (electric DD)
True Cost to Own
$42,554*
Total Cash Price
$24,046
Model 3 Long Range
Long Range 4dr Sedan AWD (electric DD)
True Cost to Own
$38,797*
Total Cash Price
$22,724
Model 3 Sedan
Standard Range Plus 4dr Sedan w/Prod. End 11/21 (electric DD)
True Cost to Own
$35,770*
Total Cash Price
$20,856
4dr Sedan (electric DD)
True Cost to Own
$37,484*
Total Cash Price
$20,529
Depreciation
$13,992
Taxes & Fees
$1,196
Financing
$4,681
Fuel
$3,468
Insurance
$6,680
Repairs
$7,569
Maintenance
$4,968
Ownership Costs: 5-Year Breakdown
2021 Model 3 Performance Performance 4dr Sedan AWD (electric DD)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,258 | $1,296 | $1,335 | $1,375 | $1,416 | $6,680 |
Maintenance | $2,108 | $181 | $240 | $190 | $2,249 | $4,968 |
Repairs | $1,306 | $1,397 | $1,506 | $1,619 | $1,741 | $7,569 |
Taxes & Fees | $1,012 | $46 | $46 | $46 | $46 | $1,196 |
Financing | $1,597 | $1,293 | $963 | $607 | $221 | $4,681 |
Depreciation | $4,547 | $2,790 | $2,924 | $2,053 | $1,678 | $13,992 |
Fuel | $653 | $673 | $693 | $714 | $735 | $3,468 |
True Cost to Own® | $12,481 | $7,676 | $7,707 | $6,604 | $8,086 | $42,554 |
2021 Model 3 Long Range Long Range 4dr Sedan AWD (electric DD)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,258 | $1,296 | $1,335 | $1,375 | $1,416 | $6,680 |
Maintenance | $1,616 | $181 | $240 | $190 | $1,757 | $3,984 |
Repairs | $1,306 | $1,397 | $1,506 | $1,619 | $1,741 | $7,569 |
Taxes & Fees | $959 | $46 | $46 | $46 | $46 | $1,143 |
Financing | $1,509 | $1,222 | $910 | $574 | $209 | $4,424 |
Depreciation | $3,752 | $2,459 | $2,579 | $1,809 | $1,479 | $12,078 |
Fuel | $550 | $566 | $583 | $601 | $619 | $2,919 |
True Cost to Own® | $10,950 | $7,167 | $7,199 | $6,214 | $7,267 | $38,797 |
2021 Model 3 Sedan Standard Range Plus 4dr Sedan w/Prod. End 11/21 (electric DD)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,258 | $1,296 | $1,335 | $1,375 | $1,416 | $6,680 |
Maintenance | $1,616 | $181 | $240 | $190 | $1,757 | $3,984 |
Repairs | $1,229 | $1,314 | $1,416 | $1,525 | $1,642 | $7,126 |
Taxes & Fees | $880 | $41 | $41 | $41 | $41 | $1,044 |
Financing | $1,385 | $1,121 | $836 | $526 | $192 | $4,060 |
Depreciation | $3,170 | $2,050 | $2,150 | $1,509 | $1,234 | $10,113 |
Fuel | $520 | $536 | $552 | $569 | $586 | $2,763 |
True Cost to Own® | $10,058 | $6,539 | $6,570 | $5,735 | $6,868 | $35,770 |
2021 Model 3 Sedan 4dr Sedan (electric DD)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,258 | $1,296 | $1,335 | $1,375 | $1,416 | $6,680 |
Maintenance | $1,616 | $181 | $240 | $190 | $1,757 | $3,984 |
Repairs | $1,229 | $1,314 | $1,416 | $1,525 | $1,642 | $7,126 |
Taxes & Fees | $867 | $41 | $41 | $41 | $41 | $1,031 |
Financing | $1,363 | $1,104 | $822 | $519 | $188 | $3,996 |
Depreciation | $3,618 | $2,394 | $2,509 | $1,761 | $1,440 | $11,722 |
Fuel | $555 | $571 | $589 | $606 | $624 | $2,945 |
True Cost to Own® | $10,506 | $6,901 | $6,952 | $6,017 | $7,108 | $37,484 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2021 Model 3True Cost To Own®
Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.
Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2021 Tesla Model 3 in Virginia is:
not available