7 HIDDEN Expenses Tesla Won't Tell You About

so one of the biggest draws to purchasing and owning a Tesla is the low running cost no fuel no maintenance you pretty much just pay your car note if you have one and your insurance and while that is true for the most part it's not the whole story as a Tesla owner for almost 3 years now there are some hidden expenses I wish I had known sooner or at the very least before purchasing the car especially the last one that we're going to be talking about though it is kind of a new one first up is maintenance and despite what some people will tell you it isn't actually zero cabin air filter Replacements Tesla recommends every 2 years and if you're wanting them to do it for you it can vary on how expensive it'll be if you're just getting Replacements it'll be $17 a pop and well you need two so $34 plus labor I've seen 60 give or take however if you're also having your coils cleaned which is recommended then another 60 or so for labor most quotes I've seen to get everything done is around 120 this is however a very easy DIY so you could just buy the filters replace and clean the coils yourself for a fraction of the cost AC desicant bag Replacements Tesla recommends every four years six if your Tesla is a 2017 through a 2021 Tesla charges anywhere between 3 to 400 bucks to do this now what's actually being replaced is only like $40 but you got to work with refrigerant and and most diyers just won't bother cleaning and lubricating your brake calipers every year or 12,500 Mi this is a very straightforward DIY that won't cost you much if you already have tools for lifting the car and removing the wheels but Tesla will do it for you I've seen anywhere between $150 to $300 however that's a pretty big range so if you've recently had this done by Tesla let me know how much they charged you you should also be performing a brake fluid health check or replacing every 4 years though Tesla used to recommend 2 years so a lot of people actually just go ahead and check at 2 years this is also a very straightforward DIY and I've seen Tesla charge anywhere from $25 to $70 just to check and upwards of 200 to replace you can get a tester pin to check it yourself cheaper than what Tesla would charge you to check it just once I'll have the one that I have linked below as for changing the fluid if you don't have a friend to help you you could always buy one of those vacuum thingies that let you do it yourself or cheaper than what Tesla would charge you to change it just one time I also have that linked below and finally tire rotations every 6,000 250 miles Tesla charges anywhere from 50 to 100 plus dollars to come out to your house or place of work to do this for you this is one of those things where as long as they're not charging you over a hundred bucks and they're willing to come out to your place of work and rotate your tires in the parking lot then I actually think it's a pretty good deal so while yes this is still a lot less maintenance compared to an ice car even if you have Tesla do all of this for you and pay their prices instead of diying I mean have you seen the 3 to fouryear maintenance cost on like a similarly priced Audi or BMW there still is some cost for maintenance now you might want to set aside some of the money that you are saving on maintenance for this next expense Tires Tires tend to wear more quickly and require replacing more often on a Tesla compared to the equivalent ice vehicle why is this well there's two reasons first and the lesser of the two reasons Teslas are heavy Vehicles if they weighed half the amount they do weigh your tires wouldn't wear nearly as quickly but secondly and the main cause well I've dubbed it the electric foot the acceleration is very addicting but blasting off at every red light is just not good for your tires now thankfully this need to Stomp the accelerator at least three times a day does tend to wear off after some time the price for tires varies widely depending on the brand and the type of tire but assuming you're not getting like garbage no-name tires expect somewhere in the 250 to 350 range per tire one tip I will give is to not get OE tires as they tend to be pretty crap in areas like wet breaking and they're just not built for longevity there was a video recently published by a channel called tire reviews where he went over just this and why OE tires are actually pretty bad but yeah you take the OE Tire just not being built to last long and the electric foot well now you found the reason why most new owners say that their first set of tires only lasted for 10 to 15,000 mil now the third hidden expense accessories Teslas are very Bare Bones like some models don't even come with floor mats which blows my mind because Teslas still start at like north of 30 grand I'll have all the accessories that I personally use linked down below but my top five must haves are as follows screen protector for protecting the one thing that has all the vital information related to your vehicle on it a highquality tempered glass one will run you around 30 bucks all weather floor mats for protecting the carpet if you don't get mats and you're not cleaning the carpets at least once every week expect them to look awful after like a month a set for the interior so driver passenger and rear passenger shouldn't run you more than like $180 you can also get mats for the trunk sub trunk and trunk and that should also not run you more than like 180 mud flaps for protecting your paint these are around $40 inserts for keeping things organized all that extra storage space is great but things will get mixed up and lost just in those chasms that are the center console areas inserts will be 20 to 25 bucks a piece and finally Jack pads keep these in the car in case you ever need to lift the car like in the event that you need roadside assistance and the people that come to you don't have jackpots if you don't have jackpots well then you're going to run the risk of damaging the battery these are around 40 bucks now all the prices that I just mentioned you can actually subtract 15% with code cyberlove at test stuff.com our Valentine's Day Sale is live and is valid through President's Day or Monday February 19th we're also offering free shipping on qualifying orders now this next hidden expense are actually things you have to pay for after the fact in order to fully utilize your vehicle's potential features this includes premium connectivity full self-driving acceleration boost and even heated seats premium connectivity will run you $10 a month or $100 upfront if you pay for the entire year and it enables everything on screen here along with some other things like icons for the stop lights and stop signs on your map I am not a big fan of subscription Based Services but this is is more like a cell phone like data connectivity so it's fine with me and I really do think it's a no-brainer to get and I know some people will say oh well you can just tether to your hot spot I just I don't want to bother with that right I just want my car to be able to do it by itself now something that I would not recommend you subscribe to is full self-driving if you manage to not get scammed paying 12,000 or God forbid you paid 15,000 up front congratulations now don't get scammed to paying 200 a month for it before the FSD stands come out of the Woodworks it it's cool right don't get me wrong I enjoy my time on FSD but a lot of people think you need FSD for the car to stay in its Lane accelerating and decelerating based on traffic and that's just not true normal autopilot that comes free with every Tesla does just that no it won't change lanes on its own or take an exit by itself but for $112,000 or $200 a month I'd gladly get in your car and change lanes for you if you were paying me that much plus not to mention things like Auto Park and summon still don't work on non USS Teslas next up is acceleration boost which if you've never seen this before it's only available on the model 3 and Y long range versions and it increases the 0 to 60 by half a second for $2,000 which is actually kind of not a bad deal in terms of price to Performance compared that to an ice car it would take a lot more than just $2,000 however Tesla also offers acceleration boost via the referral program for I believe 10,000 credits which is how many credits you get for referring just one person so you could just get this for free by just referring one person and finally rear heated seats now these come standard on all Teslas for free nowadays but if you are picking up a used pre 2022 Tesla and it's a base model 3 then these won't come standard but you can pay2 $0000 within the app to enable the rear heated seats and whether this is worth it or not it's entirely up to you and if you use your back seats enough to Warrant it now the reason charging is the next hidden expense is because of all the misconceptions around it like some people think it's entirely free like you never have to pay for it and other people think that you need to pay tens of thousands of dollars to get a specialized home charging station installed and while those technically could be true it it's like a 99.9% chance that that's not going to be true for you first up home charging it'll run you anywhere from a few hundred to have a Nema 1450 plug installed up to several thousand if you're getting a fancy wall charger installed several hundred feet from your breaker on a stand or something outside you also May face your current electrical situation not being able to support adding a 240 volt charger and needing to upgrade your system like your your entire system and prices vary drastically depending on location and what you're having done I paid around $250 to have a Nemo 1450 installed about 2 ft away from my breaker box and the charger that I use came free with the car however before that and before I got a home I was just charging off a normal 110 outlet so my effective cost to have a charging station was Zero because like I said the charger came with the car now speaking of that charger it's the in two mobile connector which is what most people would recommend if you are charging off something like a 1450 those no longer come free with the car so they will run you about 230 straight from Tesla I have a whole home charging video that goes much more in depth on all of this that I'll link down below now last thing about home charging make sure you're signing up for some form of off peak electrical plan if your electric company offers it assuming that it makes sense for you most electric companies will have a plan that makes your electricity cheaper overnight when you'd be asleep and the car is charging my electric company offers something similar to this that took my price per kilowatt hour from almost 10 cents down to 6 Cent 40% cheaper so now I'm paying less than $5 to fully fill up my car so make sure you give your electric company a call now for supercharging where there's this big misconception that it's either free or super cheap and well it's neither of those my local supercharger charges about 30 cents per kilowatt hour so five times more expensive compared to at home that's $25 to fully charge my car that's not that far off of what the other car in my household which is a gas car pays to fill up its tank and keep in mind just like gas stations the price is relative to location so superchargers out in places like California where gas is more expensive are also going to be more expensive I had a buddy purchased a Tesla a few years back thinking that it would save him a ton of money on fuel even though though he had no way to charge at home and he was just going to rely on the supercharger Network he ended up selling the car about 6 months later because he was still paying around the same price as it would be for gas but he was also spending a ton of time at the superchargers charging last thing about supercharging idle fees if you are plugged in at a supercharging site that is full enough there's enough people there and your car isn't charging like you hit your charge limit and you don't unplug they're going to start charging you upwards of a dollar a minute that you stay plugged in so make sure you're unplugging like as soon as you're done charging yes there is a grace period but it's not long at all for our sixth hit in expense insurance now while the cost to insure a Tesla varies widely on a ton of factors like age gender location driving history Teslas do tend to be more expensive to Ure and well this is just because the parts Andor cost of Labor to fix something in the event of an accident are and is just more expensive this is one of those things that I see on forms all the time people place an order for a Tesla delivery day comes up they need to submit Insurance just to find out that their premium is 25 to 50% more than their last vehicle that cost the same as their Tesla like I said it varies and you may actually pay less but generally they're more expensive to Ure it's also probably because a large majority of Tesla owners are males in their mid 20s so that's probably affecting the average if you're really looking to say save money don't be loyal to like an insurance company trust me they don't actually care about you every time your insurance is up for Renewal assuming you pay 6 months to a year premiums just upfront shop around this list right here are all the insurance companies that I go through whenever my insurance is up for Renewal to see if they can offer me a better price the last time I did this I ended up saving close to like $500 for the same coverage and all it cost was an hour or two of my time now I know a lot of YouTubers won't say what they pay but I'll gladly tell you all I'm paying roughly about $11,000 every 6 months for $250 500 250 coverage and that's just for my 2022 model 3 Performance not including any discounts that I get with like H Motors Insurance bundled or the other car in our household bundled I used to pay like 850 to 900 when I first got my Tesla back in like 2021 but insurance as a whole has just been on the rise lately I feel sorry for all the people down in Florida apparently insurance rates are are just insane down there and some insurance companies are just straight up leaving the state and our final hidden expense this one always surprises people and will probably surprise you if you're a new owner registration and renewals a lot of people know that when you purchase gas a certain amount of that goes toward maintaining and developing the transportation infrastructure otherwise known as a road tax well when you drive an EV you stop buying gas and thus paying a road tax yet you're still using the road and for a while while EV owners just got away with this scot-free well not anymore a lot of states are now including an extra fee for owning an electric vehicle Texas for example just introduced a $200 yearly fee my state Kentucky has a $120 yearly fee that just went into effect this year and many more states are following the 120 that Kentucky is charging at 29 cents per gallon for Road tax assumes 413 gallons purchased per year or around 12,000 Mi driving assuming your driving a vehicle that gets on average like 30 m to the gallon I would say that's a lot more fair than what Texas is charging at like 200 because with their 20 cents per gallon tax they're assuming like 1,000 gallons purchased yearly or 30,000 miles driven at 30 m to the gallon not to mention some states are starting to impose a tax just on public charging so yeah don't be surprised when you go to register the car if you're a new owner or if you're going in for Renewal because a lot of these fees are going into effect or went into effect at the start of this year and you get slapped with an EV fee honestly I think what sparked the idea for this video was that I've just been getting a lot more like in-person questions Lately from just random people about the actual cost of these cars after you've purchased them and I think it's probably because Tesla has been so aggressive on price Cuts so more people are just genuinely interested which don't get me wrong is great but I'm not going to sugarcoat it yes the $20,000 battery repair every 2 years is a complete myth and you know I tell them that that that actually is one of the questions that I get asked like a lot is it true you got to replace the battery and it's a crazy amount uh but you know I do let them know on other things like that renewal fee or you know the fact that supercharging isn't free and it's actually almost as expensive as gas yes as a whole they are a lot cheaper in terms of running cost than their gasoline counterparts but they do have expenses that you just don't really think about or figure out until you become an owner but yeah thank you all so much for watch watching don't forget Code cyberlove test stuff.com for 15% off through president day if you are new around here and you want to see more Tesla related stuff in your YouTube feed then feel free to subscribe and I will see you all in the next one peace

Channel: Jeremiah Jones

Views: 199,780

Keywords: tesla, Tesla model 3, Tesla model y, Tesla hidden costs, Tesla true costs, Tesla ownership costs, Tesla long term costs, Tesla long term review, Tesla maintenance cost, how expensive is a tesla, Tesla running costs, Tesla charging costs, Tesla yearly costs, maintaining tesla, new owners tesla, Tesla home charger price, Tesla supercharging costs, model y worth it, model 3 worth it, Tesla model y ownership cost, Tesla model x ownership cost

Id: Xo-Vh6eka5s

Length: 17min 16sec (1036 seconds)

Published: Fri Feb 16 2024