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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

This car may qualify for a Federal EV Tax Credit. See 2021 Tesla Model 3 Incentives
Ownership Costs: 5-Year Total

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)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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
Ownership costs do not include any Federal EV Tax Credits. See 2021 Tesla Model 3 Incentives

*Based on a 5-year estimate with 15,000 miles driven per year.

Shop nowLearn about the 2021 Model 3 

True 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.