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
$44,485*
Total Cash Price
$25,915
Model 3 Long Range
Long Range 4dr Sedan AWD (electric DD)
True Cost to Own
$39,675*
Total Cash Price
$23,840
Model 3 Sedan
Standard Range Plus 4dr Sedan w/Prod. End 11/21 (electric DD)
True Cost to Own
$37,185*
Total Cash Price
$22,745
4dr Sedan (electric DD)
True Cost to Own
$38,984*
Total Cash Price
$22,009
Depreciation
$16,987
Taxes & Fees
$2,127
Financing
$4,545
Fuel
$3,397
Insurance
$5,766
Repairs
$6,787
Maintenance
$4,876
Ownership Costs: 5-Year Breakdown
Selected Model:
2021 Model 3 Performance Performance 4dr Sedan AWD (electric DD)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,086 | $1,119 | $1,152 | $1,187 | $1,222 | $5,766 |
Maintenance | $2,097 | $165 | $222 | $171 | $2,221 | $4,876 |
Repairs | $1,180 | $1,264 | $1,353 | $1,445 | $1,545 | $6,787 |
Taxes & Fees | $1,943 | $46 | $46 | $46 | $46 | $2,127 |
Financing | $1,557 | $1,256 | $934 | $586 | $212 | $4,545 |
Depreciation | $4,701 | $3,517 | $3,420 | $2,747 | $2,602 | $16,987 |
Fuel | $640 | $659 | $679 | $699 | $720 | $3,397 |
True Cost to Own® | $13,204 | $8,026 | $7,806 | $6,881 | $8,568 | $44,485 |
Selected Model:
2021 Model 3 Long Range Long Range 4dr Sedan AWD (electric DD)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,086 | $1,119 | $1,152 | $1,187 | $1,222 | $5,766 |
Maintenance | $1,589 | $165 | $222 | $171 | $1,712 | $3,859 |
Repairs | $1,180 | $1,264 | $1,353 | $1,445 | $1,545 | $6,787 |
Taxes & Fees | $1,810 | $46 | $46 | $46 | $46 | $1,994 |
Financing | $1,432 | $1,156 | $859 | $539 | $195 | $4,181 |
Depreciation | $4,668 | $2,766 | $2,908 | $2,132 | $1,753 | $14,227 |
Fuel | $539 | $555 | $572 | $589 | $606 | $2,861 |
True Cost to Own® | $12,304 | $7,071 | $7,112 | $6,109 | $7,079 | $39,675 |
Selected Model:
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 | $1,086 | $1,119 | $1,152 | $1,187 | $1,222 | $5,766 |
Maintenance | $1,589 | $165 | $222 | $171 | $1,712 | $3,859 |
Repairs | $1,110 | $1,189 | $1,272 | $1,361 | $1,457 | $6,389 |
Taxes & Fees | $1,740 | $46 | $46 | $46 | $46 | $1,924 |
Financing | $1,367 | $1,102 | $819 | $515 | $186 | $3,989 |
Depreciation | $4,060 | $2,452 | $2,578 | $1,891 | $1,570 | $12,551 |
Fuel | $510 | $525 | $541 | $557 | $574 | $2,707 |
True Cost to Own® | $11,462 | $6,598 | $6,630 | $5,728 | $6,767 | $37,185 |
Selected Model:
2021 Model 3 Sedan 4dr Sedan (electric DD)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,086 | $1,119 | $1,152 | $1,187 | $1,222 | $5,766 |
Maintenance | $1,589 | $165 | $222 | $171 | $1,712 | $3,859 |
Repairs | $1,110 | $1,189 | $1,272 | $1,361 | $1,457 | $6,389 |
Taxes & Fees | $1,693 | $46 | $46 | $46 | $46 | $1,877 |
Financing | $1,322 | $1,067 | $793 | $498 | $180 | $3,860 |
Depreciation | $4,264 | $2,886 | $2,807 | $2,254 | $2,135 | $14,346 |
Fuel | $544 | $560 | $577 | $594 | $612 | $2,887 |
True Cost to Own® | $11,608 | $7,032 | $6,869 | $6,111 | $7,364 | $38,984 |
*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.