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Old 09-01-2023, 08:49 PM   #2965
is350
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Quote:
Originally Posted by dark0821 View Post
Everyone offers 96 month term... but the thing about seeing people that are not suppose to be in 50K car being in a tesla model 3 is largely due to the ownership cost of a Tesla.

As Badhobz pointed out many times...
- for people who drives a decent amount (20K per year, or lets say $300 in gas every month or higher, which is not too crazy as our base Elantra and take $90 to fill up lolol, so if you run thru a tank every 10 days... ).
- for people who can charge at home overnight everyday
- not even counting the oil changes and whatnot

It is defintely cheaper to run a $55K out the door tesla VS 40K out the door mid trim Camry driving for 5 years upto 100,000KM (lol though I will argue a 100,000KM Camry is probably worth a bit more than a 100,000KM Model 3?)

(a pure gas Camry SE Upgrade that still has cloth seats is $40,997 out the door on Toyota.ca), this is the 2nd trim in the line up (SE, SE Upgrade, LE, XSE, XLE).....

So yea....

Camry cloth seats payments + insurance + gas
VS
Tesla payment + insurance + home charging electric bill

Guess which one is more expensive? At least when we did the spread sheet, it was cheaper to run the Model 3 for 5 years, Or it was close enough that my wife was like... I like the Model 3 better than the Camry.. so there lolol...

**Now if you were budgeting for a base corolla which is still $28,632 out the door mind you, then ya, you shouldn't be looking at a Model 3.

**2 big caveats, 1st you must be driving a decent amount (ie, not 1 tank of gas per month) + 2nd you must be able to charge at home
yea got drive more than 20k a yr for model 3 to be cheaper

What if battery fails right out of warranty? That's a big big repair bill.

How about other repairs when car is over 100k km like brakes, suspension, etc? M3 is probably more expensive than camry. I'd assume model 3 brakes will take a while to wear out due to brake regen but never count idiots out, seen so many m3 drivers hitting brakes on the highway SMH...
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