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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

$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

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

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

Selected Model:

2021 Model 3 Performance Performance 4dr Sedan AWD (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,258$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
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$1,258$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
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$1,258$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
Selected Model:

2021 Model 3 Sedan 4dr Sedan (electric DD)

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



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2021 Tesla Model 3 in Virginia is:

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