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Browsing the "Tesla Model 3 TCO" Tag

Bank of America Merrill Lynch: UK Tesla Model 3 & Other EV 3-Year Total Cost of Ownership Analysis Shows EVs Much Cheaper than Fossil Competitors

December 7th, 2019 | by Zachary Shahan

We've published numerous analyses of our own on the total cost of ownership of the Tesla Model 3 and Volkswagen ID.3 compared to top gasoline competitors. However, if you don't trust research from CleanTechnica, perhaps you'll find the work of a major international financial firm more palatable. A recently published report from Bank of America Merrill Lynch (BAML) that was passed along to CleanTechnica dove into this topic for the


Fear of Progress

November 25th, 2019 | by Barry A.F.

A recent article on CleanTechnica, "BBC Click: Are Electric Vehicles 'The Future Of Road Vehicles?' EV Owners: 'Duh.'" basically covered what CleanTechnica and other green energy websites have been saying for years, that EVs are superior to internal combustion engine (ICE) vehicles in more ways than one. This is not news to informed progressives, but it is very much news to the general public


Is Tesla Model 3 The Next Toyota Camry?

October 9th, 2019 | by Matt Pressman

Editor's Note: I've been planning to write an article about these two cars for a while, so it's nice to get a bump from Loup Ventures, which has beat me to it! Check out Matt's summary of the analysis below


McDonald’s EV Charging … Tesla Model 3 vs. Toyota Camry vs. Chevy Bolt Cost of Ownership — #CleanTechnica Top 20

October 6th, 2019 | by Zachary Shahan

The most popular stories on CleanTechnica this past week were led by a McDonald's story for the first time (or perhaps second — I remember a very popular McDonald's story here in 2010). The second and third most popular stories were both about total cost of ownership comparisons — between the Tesla Model 3 and Toyota Camry and then the Chevy Bolt and Tesla Model 3 and Toyota Camry. Next in line were videos of Tesla Smart Summon (which went a bit viral on what the kids call "the Internet") and a couple of pieces on how early concerns about the Model 3 and Gigafactory 3 became irrelevant


Tesla Model 3 vs. Honda Accord — Comparable 5 Year Cost to Own

September 30th, 2019 | by Zachary Shahan

I published an analysis the other day showing the Tesla Model 3 undercutting the Toyota Camry on a 5 year cost of ownership forecast. The plan for a while has been to update these cost of ownership comparisons since prices, tax credits, and other matters have changed in the past several months. I honestly did not expect the Model 3 to come out on top after all of the changes, but it clearly did so in the comparison with the Camry. With that comparison in mind, it's pretty certain where a similar 5 year cost of ownership comparison with the Honda Accord is going to go


Confusing Honda Accord & Toyota Camry Purchases … Tesla Model 3 vs. Mercedes C-Class — #CleanTechnica Top 20

September 29th, 2019 | by Zachary Shahan

It's time for another roundup of the 20 most popular stories of the week. As proof of the fact that you don't even need "Tesla" in the headline to have a Tesla story go viral, the top story of the week was about the Honda Accord & Toyota Camry while silently being about the Tesla Model 3. The second most popular story compared the Model 3 to two top sellers on the other end of its gradient of competitors, the Mercedes-Benz C-Class and Audi


Chevy Bolt & Tesla Model 3 vs. Toyota Camry — 5 Year Cost Of Ownership

September 29th, 2019 | by Paul Fosse

I was browsing Facebook a few days ago and I saw a member of the Southwest Florida EV group posted that Chevy Bolt prices were really low. The Bolt got a lot of publicity a couple of years ago as many made a big deal that it beat the Model 3 to market. Though, now that Model 3 production is ramped up and meeting US demand (although foreign demand is still unsatisfied in many places), we don't hear much about the Bolt


Tesla Should Get Into Financing Cars

September 29th, 2019 | by Jennifer Sensiba

Here on CleanTechnica, we've had a number of stories showing how much cheaper, in total, owning a Tesla can be compared to common gas-powered economy cars. While the purchase price of cars like the Toyota Camry and Honda Accord are a lot lower than a basic Model 3, the costs of ICE (internal combustion engine) maintenance and fuel often end up adding up to more than what the Model 3 would have cost. Despite this, people keep buying the "cheaper" cars


Tesla Model 3 vs. BMW 3 Series & BMW 4 Series — 5 Year Cost of Ownership Comparison

September 27th, 2019 | by Zachary Shahan

Following up on my 5 year cost of ownership comparisons between the Tesla Model 3 Standard Range Plus (SR+), the Mercedes-Benz C-Class (C300 and C300 4MATIC), and the Audi A4 (Premium and Premium Plus trims), it's time to run an updated comparison between the Model 3 SR+, the BMW 3 Series, and the BMW 4 Series. It seems like this is the most relevant comparison you can make with the Model 3 SR+, since we already know the Model 3 beats sporty BMW driving at sporty, beats "the ultimate driving machine" at driving, and is stealing the title of Most Loved Car Brand Among Boys. What does BMW have left? Lower cost


Tesla Model 3 vs. Mercedes C-Class & Audi A4 — 5 Year Cost of Ownership Comparisons

September 26th, 2019 | by Zachary Shahan

I wrote earlier this week that I would conduct some new 5 year cost of ownership comparisons between the Tesla Model 3 and its top luxury car competitors. I've actually never before conducted an analysis comparing the Model 3's cost of ownership to the cost of ownership of the Mercedes C-Class or Audi A4. I think the main reason is that it was just clear from the Model 3 comparison with the BMW 3 Series and 4 Series that the Model 3 would embarrass these other cars on a cost of ownership basis. Nonetheless, now seemed like a good time for a new round of comparisons


Tesla Insurance Launches, Claims To Save Owners Up To 30% On Premiums

August 28th, 2019 | by Kyle Field

Tesla just officially launched its highly anticipated Tesla Insurance offering for Tesla owners in California. It promises to save owners up to 30% on their premiums compared to traditional automotive insurance companies. Tesla Insurance also sets the company up to provide the end-to-end vehicle purchase, service, fueling, and insurance services in a buildup to the launch of the Tesla Network. Talk about integrated


Tesla Model 3 Owner Drives 15,000 Miles For $630

August 12th, 2019 | by Kyle Field

The owner of a long range, rear wheel drive Tesla Model 3 recently took to Reddit to unpack the actual cost of charging at his home charger and at each Supercharger visited in over 13 months of ownership. He graciously shared the data for each session in a single Google spreadsheet that has all the fun details, for the data curious. Thanks to his eMotorwerks/EnelX JuiceBox 40, he was able to pull down data from each charging session that puts everything into scale


Trade In A Used Mercedes For A New Tesla? Which Has Lower TCO?

August 4th, 2019 | by Paul Fosse

This story is inspired by a friend from my day job who is a successful Technical Project Manager. I'm known at work as the "Tesla Guy" since I rave about the car if given the slightest opportunity, so when my friend Raquel Aluisy approached me for information on the car, I was more than happy to give her a test ride and explain what makes the Model 3 so special


Nissan Altima & Maxima vs. Tesla Model 3 — Cost Comparisons Over 5 Years

June 25th, 2019 | by Zachary Shahan

To satisfy my own curiosity (and, apparently, that of millions of other people), I've been running 5-year cost comparisons of the Tesla Model 3 and other top selling cars on the US market. This round of comparisons pits the Tesla Model 3 versus the Nissan Altima and Nissan Maxima


Toyota Corolla vs. Tesla Model 3 — Cost Comparisons Over 5 Years

June 22nd, 2019 | by Zachary Shahan

Let's start out by being very clear — in no universe should a Tesla Model 3 be competing with a Toyota Corolla on cost. The Model 3 is, objectively, a vastly superior vehicle. It is far safer, tremendously quicker, has much higher tech, is larger, and is considerably more prestigious. The only reason we're running this comparison is because, shockingly, the Tesla Model 3 does compete with the Toyota Corolla on cost


How Owning A Tesla Model 3 For 1 Year Has Changed My Life

June 22nd, 2019 | by Guest Contributor

I've owned the Model 3 for exactly one year now. What I like most about the car is that it's 100% electric, burns no gas, and has zero emissions. There's so much to the car that I love, and I mean it when I say that the car has changed my life. I realize that's a big statement to make so I'd like to explain what I mean by that


Shocker: Tesla Model 3 vs. Honda Civic — 15 Cost Comparisons Over 5 Years

June 14th, 2019 | by Zachary Shahan

When I got started on this analysis, I thought, "Well, looks like we finally have a car that is going to come out with a lower 5 year cost than a Tesla Model 3." Nonetheless, I was super curious to see the results and see how close the Model 3 came to different Civic trims. I did not expect that the Model 3 would beat the Civic on cost in several scenarios. Does it? Does it, really



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