Is the Tesla Model 3 worth it Reddit?

Is a Tesla Model 3 worth it Reddit?

Yes, if you only look at it from a purely utilitarian financial perspective, buying any new car, and especially one that costs what a Model 3 does, is almost never worth it. In almost all cases you lose less money by going for a cheaper used car.

Is a Tesla Model 3 worth it?

One of the main reasons consumers rave about the Tesla Model 3 is its incredible ride quality. No matter which trim you buy, the Model 3 has excellent brakes and sporty handling. The Performance model can effortlessly accelerate from 0-60 mph in just over three seconds and has 322 miles of all-electric range.

Is it worth getting a Tesla Reddit?

It’s worth the money and by far the best car in that price range, in my opinion. It’s amazing to get software updates and see what new things you got this month. Not worth it for how little you drive and how much the car will depreciate just with time (even if Teslas depreciate slower).

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Is Tesla Model 3 expensive to maintain?

The total cost of maintenance after 40,000 miles has been $0. Not even new tires yet. I’ve had 3 minor repairs done to my car, all of which were covered for free under the warranty and each time the Tesla Mobile Ranger came to my location and fixed the issue.

Is Tesla Long Range worth?

There is no circumstance where having a longer-ranged electric vehicle is a bad thing but it’s worth noting that once you get up past 300 miles, the practical difference in range differences becomes less noticeable. … Long-range EVs become most useful for people with particularly long commutes and for road trips.

Is Tesla Long Range worth it Reddit?

LR all the way, the extra range is definitely worth it. YES! Think of resale value! SR will depreciate much more than the LR.

Why you shouldn’t buy a Tesla?

Energy Consumption During Highway Driving

The reason is simple. Tesla’s all-electric cars use regenerative braking to recharge the battery. And since there isn’t much braking on the highway, the battery rarely gets recharged, so the range is small.

Why is Tesla insurance so high?

Teslas tend to be pricier to insure, due largely to the cost of fixing them. Collision coverage accounts for between 57% and 65% of a policy’s cost, according to ValuePenguin. … Tesla maintains that because it knows more about its cars, technology and repair process, it can offer policies that are less expensive.

Do Teslas have problems?

While many view Tesla as a leader in automotive technology, the company continues to face issues with the quality of its vehicles, according to J.D. Power. … The industry average for 2020 model-year vehicles was 166 problems per 100 vehicles. Tesla had 250 problems per 100 vehicles.

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How much should you make to buy a Tesla?

$50,000 is a lot of money to borrow. A bank will usually limit a loan based on your debt-to-income ratio. If you are currently debt free with a good credit rating, the minimum income needed to purchase that Tesla would be no less than $3K/month gross.

Is owning a Tesla worth it?

Key Takeaways. Tesla’s are popular, but expensive electric vehicles, starting at $85,000 for the base Model S. Owning a Tesla, however, can be affordable as there is no need for gas or oil changes. Some Tesla owners can further benefit from electric vehicle tax breaks and lower ongoing maintenance costs.

Is Tesla a luxury car Reddit?

Tesla themselves insist they’re not a luxury brand, substituting “Premium Electric” as their preferred term. No. It’s just expensive. … Kind of like how a base 3-series BMW is a normal car, but the M3 is a high end sports sedan.

Are Teslas expensive to insure?

Tesla Model 3

“Insuring an electric car is likely to be more expensive than covering a standard vehicle,” a spokesman said. “Increasing numbers of insurers cover such vehicles, which should bring costs down, so shop around every year. … As the number of insurers goes up, the cost is likely to fall.

How long do Tesla cars last?

CEO Elon Musk recently set some ambitious goals when it comes to the reliability of Tesla’s vehicles. Musk said that they built Model 3 to last as long as a commercial truck, a million miles, and the battery modules should last between 300,000 miles and 500,000 miles.

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How much does a Tesla increase your electric bill?

As an example, let’s take the Tesla Model X Long Range which houses a 100 kWh battery. Using the U.S. national average electricity rate of 13.27 cents per kWh, we can quickly calculate that it would cost 13.27 to “fill up” a Model X from a completely drained battery. That equates to roughly $0.04 per mile driven.