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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

$72,492*

Total Cash Price

$85,067

Performance 4dr Sedan AWD (electric DD)

True Cost to Own

$77,280*

Total Cash Price

$92,692

Long Range Plus 4dr Sedan AWD (electric DD)

True Cost to Own

$66,778*

Total Cash Price

$77,685

Ownership Costs: 5-Year Total

Depreciation

$40,006

Taxes & Fees

$3,627

Financing

$8,017

Fuel

$3,047

Insurance

$6,397

Repairs

$5,891

Maintenance

$5,507

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
Tax Credit$0$0$0$0$0$0
Insurance$1,205$1,241$1,278$1,317$1,356$6,397
Maintenance$495$991$1,775$1,250$996$5,507
Repairs$0$985$1,515$1,634$1,757$5,891
Taxes & Fees$3,443$46$46$46$46$3,627
Financing$2,798$2,225$1,628$1,006$360$8,017
Depreciation$12,815$8,092$7,122$6,313$5,664$40,006
Fuel$574$591$609$627$646$3,047
True Cost to Own®$21,330$14,171$13,973$12,193$10,825$72,492

Ownership Costs: 5-Year Breakdown

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,200$1,236$1,273$1,311$1,351$6,371
Maintenance$495$991$1,775$1,250$996$5,507
Repairs$0$985$1,515$1,634$1,757$5,891
Taxes & Fees$3,747$46$46$46$46$3,931
Financing$3,049$2,424$1,774$1,097$392$8,736
Depreciation$13,964$8,818$7,761$6,880$6,172$43,595
Fuel$612$630$649$669$689$3,249
True Cost to Own®$23,067$15,130$14,793$12,887$11,403$77,280

Ownership Costs: 5-Year Breakdown

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
Tax Credit$0$0$0$0$0$0
Insurance$1,205$1,241$1,278$1,317$1,356$6,397
Maintenance$495$991$684$1,250$996$4,416
Repairs$0$985$1,515$1,634$1,757$5,891
Taxes & Fees$3,149$46$46$46$46$3,333
Financing$2,556$2,031$1,487$919$329$7,322
Depreciation$11,702$7,389$6,504$5,765$5,172$36,532
Fuel$544$560$577$594$612$2,887
True Cost to Own®$19,651$13,243$12,091$11,525$10,268$66,778

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

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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 2020 Tesla Model S in Virginia is:

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