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Used 2020 Tesla Model S Cost to Own

Total 5-Year Ownership Costs

Model S Sedan

Long Range 4dr Sedan AWD w/Prod. End 05/20 (electric DD)

True Cost to Own

$51,855*

Total Cash Price

$31,173

Performance 4dr Sedan AWD (electric DD)

True Cost to Own

$52,621*

Total Cash Price

$32,764

Long Range Plus 4dr Sedan AWD (electric DD)

True Cost to Own

$48,393*

Total Cash Price

$29,493

This car may qualify for a Federal EV Tax Credit. See 2020 Tesla Model S Incentives
Ownership Costs: 5-Year Total

Depreciation

$20,430

Taxes & Fees

$2,039

Financing

$5,467

Fuel

$2,846

Insurance

$7,268

Repairs

$6,391

Maintenance

$7,414

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Model S Sedan Long Range 4dr Sedan AWD w/Prod. End 05/20 (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,369$1,410$1,452$1,496$1,541$7,268
Maintenance$1,260$984$578$2,523$2,069$7,414
Repairs$1,106$1,188$1,272$1,363$1,462$6,391
Taxes & Fees$1,595$111$111$111$111$2,039
Financing$1,873$1,511$1,123$705$255$5,467
Depreciation$8,752$3,819$3,459$2,176$2,224$20,430
Fuel$536$552$569$586$603$2,846
True Cost to Own®$16,491$9,575$8,564$8,960$8,265$51,855
Selected Model:

2020 Model S Sedan Performance 4dr Sedan AWD (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,378$1,419$1,462$1,506$1,551$7,316
Maintenance$1,260$984$578$2,523$2,069$7,414
Repairs$1,106$1,188$1,272$1,363$1,462$6,391
Taxes & Fees$1,671$111$111$111$111$2,115
Financing$1,969$1,588$1,180$741$268$5,746
Depreciation$7,375$4,461$3,445$2,740$2,583$20,604
Fuel$572$589$606$625$643$3,035
True Cost to Own®$15,331$10,340$8,654$9,609$8,687$52,621
Selected Model:

2020 Model S Sedan Long Range Plus 4dr Sedan AWD (electric DD)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,369$1,410$1,452$1,496$1,541$7,268
Maintenance$1,260$984$578$1,423$2,069$6,314
Repairs$1,106$1,188$1,272$1,363$1,462$6,391
Taxes & Fees$1,515$111$111$111$111$1,959
Financing$1,772$1,430$1,062$667$242$5,173
Depreciation$7,795$3,532$3,197$2,011$2,056$18,591
Fuel$508$523$539$555$572$2,697
True Cost to Own®$15,325$9,178$8,211$7,626$8,053$48,393
Ownership costs do not include any Federal EV Tax Credits. See 2020 Tesla Model S Incentives

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

Shop nowLearn about the 2020 Model S 

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.