Tesla Model 3 total cost of ownership

Did Douglas Adams Explain The Roots Of Climate Change Denial & Cleantech Backlash?

I’ve come up with a set of rules that describe our reactions to technologies:

1. Anything that is in the world when you’re born is normal and ordinary and is just a natural part of the way the world works.

2. Anything that’s invented between when you’re fifteen and thirty-five is new and exciting and revolutionary and you can probably get a career in it.

3. Anything invented after you’re thirty-five is against the natural order of things.

—Douglas Adams

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

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.

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

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?

Tesla Model 3 Cheaper Than Honda Accord — 15 Cost Comparisons [Updated]

I recently published some cost comparisons between the Tesla Model 3 and various Honda Accord trims. As I implied at the time, these models shouldn’t even be in the same discussion since the Model 3 is a much better vehicle (safer, quicker, more advanced tech, better handling), but the fact is that they do compare when it comes to 5 year cost of ownership. However, when I published the previous comparisons, I didn’t include the cost of interest if you took out an auto loan to finance the purchase.