So I guess when you think about it there aren’t gonna be any big surprises here with the Tesla or the Audi for that matter. In fact Audi actually looks like it decreases over time which is kind of nice. There isn’t really saving much in terms of the agony of dealing with a car dealership here, but you are gonna be saving a ton of money over the cost over those five years.īut what if we look at the actual details year by year? So on the left here I have each car and then year by year I have the actual cost of maintenance, and you can see that as time goes on, at least for the BMW and the Mercedes, the costs just tend to go up and up, where as the Audi and the Tesla are all pretty flat. In fact, the most expensive one is 2,800 bucks. So if you take a look at the total maintenance cost over five years what you can see is that the most expensive is the Mercedes Benz S-Class clocking in at around 18,000 dollars in maintenance, the BMW 7 Series clocking in around 17,000 dollars just behind it, the Audi is significantly cheaper, around 10,000 dollars, or 9,500, and then all of the Tesla options are just significantly cheaper than all of those. So looking at the total maintenance cost here over five years you can see that all three Tesla options are a lot cheaper than all the other options, the Mercedes, the BMW, and the Audi even are just many times over more expensive than owning a Tesla in terms of maintenance. This will reduce your overall cost, but we’ll compare those alongside not having any prepaid plan as well, so I’ll have all three examples here. First off Tesla offers a prepaid service plan which spans three, four, and eight years depending on which one you choose. So let’s take a look at the data now and see what it actually tells us. So Tesla’s actually having to repair these a lot more and spending a lot more money.Īll I care about though is how much it actually is gonna cost me and kind of what the experience is gonna be like. So first I should mention that Tesla has had some reliability issues, in fact just recently Reuters reported that they’re spending about 1,000 dollars per vehicle on warranty repairs compared to Ford and GM which are spending about 400 to 700 dollars per vehicle. So for this analysis I’m going to use a Mercedes Benz S-Class, an Audi A7, and a BMW 7 Series, and I’m gonna look at the cost of ownership, the actually maintenance cost of those cars compared to what I pay for my Tesla. Now first I should just clarify that when I do my comparison it has to be to a similar gas powered car, I’ve seen a lot of comments there well my Honda this, or my KIA that, yes of course, those are cheap economical cars, they do not compare to these luxury high end sedans. And being the data geek that I am it got me to thinking what is the cost of maintaining this car, my Tesla Model S, compared to a similar gas powered car. This all cost me zero dollars because I’m under the four year warranty where basically everything for the Tesla is covered. This time what I had to do is actually have a Tesla Ranger, this is a service person that comes out to your house and fixes your car right there in your garage or in your driveway. Recently I had an issue with the windshield wiper on my Tesla where the motor actually went out and the arm broke, and this is the only issue I’ve had with my Tesla in the past year. What are the maintenance costs of a Tesla Model S versus it’s competitors? In this video I break down the annual service costs and look at how much you’d save with a Tesla over a BMW 7 Series, Mercedes-Benz S-Class, and an Audi A7.
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