Tesla Model 3

Created 4 months ago
New Calculation
Monthly Recurring Expenses

$217.00 /mo

Your actual monthly expenses

Total Cost of Ownership

$61,218.00 /mo

Over 84 months

Average Monthly Cost

$728.79 /mo

Total cost spread over lifespan

Cost Breakdown

Cost Distribution
Initial Purchase

$42,990.00

70.2% of total

Recurring Costs

$18,228.00

29.8% of total

Detailed Costs

monthly Costs

Insurance

$150.00

$150.00

$150.00/mo

Electricity

300.00 kWh × $0.1400/kWh

$42.00

$42.00/mo

yearly Costs

Maintenance

$300.00

$300.00

$25.00/mo

Financial Analysis

Monthly Payment

$607.62

Based on selected APR

Total Interest

$8,049.81

Over 84 months

Total Financed

$51,039.81

Including interest

Depreciation

Monthly

$511.79

Resale Value

$4,299.00

Total Value Lost

$38,691.00

After 84 months