Why Electric Cars Are So Cheap To Drive - My Tesla Model 3 Electric Bill

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  • Published on:  Wednesday, February 27, 2019
  • How Does My Tesla Model 3 Affect My Electric Bill?
    Why I Bought A Model 3 Performance - https://fapgem.com/video/XzspO4-T7t4/video.html
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    How much does it cost to drive an electric car? You may be surprised to learn that electric cars are very cheap to drive, and this is a result of how efficient they are. Regardless of the fuel source, electric cars, like my Tesla Model 3, require far less energy to move from one location to another. Did you know that a Tesla Model 3 Performance's battery has the equivalent amount of energy as a 2.2 gallon tank of gasoline? It's practically on empty at a full charge, and yet thanks to the efficiency of electric motors, it can travel an EPA rated 310 miles on a full charge. So how has my electric bill changed now that I'm driving an electric car? We'll break it all down in the video!

    Common Questions About Electric Car Costs:
    1) What about car insurance? Not apples to oranges, but the Tesla Model 3 Mid-Range was about $30/month more to insure versus my Crosstrek. Keep in mind this is comparing a $50K car (Tesla) to a $25k car (Crosstrek). The Model 3 Performance is about $30/month more than the mid-range (significantly more expensive and more powerful vehicle). Buying performance cars is obviously not financially wise, as they tend to have great fuel/energy/maintenance/insurance/depreciation costs.
    2) What about maintenance? Overall, it's less required touch points. The two big ones are changing brake fluid every two years (similar to ICE vehicles) and changing battery fluid every four years (unlike ICE vehicles, which of course have oil changes). Here's a full breakdown of the maintenance schedule: https://www.tesla.com/support/car-maintenance
    3) The main point here being: the biggest cost associated with electric vehicles is the car itself. Insurance may or may not be higher depending on what vehicle you're comparing to.

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  • Engineering Explained
    Engineering Explained  9 months ago +346

    Common Questions About Electric Car Costs:
    1) What about car insurance? Not apples to oranges, but the Tesla Model 3 Mid-Range was about $30/month more to insure versus my Crosstrek. Keep in mind this is comparing a $50K car (Tesla) to a $25k car (Crosstrek). The Model 3 Performance is about $30/month more than the mid-range (significantly more expensive and more powerful vehicle). Buying performance cars is obviously not financially wise, as they tend to have great fuel/energy/maintenance/insurance/depreciation costs. I pay about $110/month for full coverage, high liability coverage (500k), $500 deductible on my Model 3 Performance.
    2) What about maintenance? Overall, it's less required touch points. The two big ones are changing brake fluid every two years (similar to ICE vehicles) and changing battery fluid every four years (unlike ICE vehicles, which of course have oil changes). Here's a full breakdown of the maintenance schedule: https://www.tesla.com/support/car-mai...
    3) The main point here being: the biggest cost associated with electric vehicles is the car itself. Insurance may or may not be higher depending on what vehicle you're comparing to.

  • Rick Manley
    Rick Manley  15 hours ago

    I paid $3:79 a gallon here in Seattle Wa. today. They are in the process of instituting a per mile tax on electric vehicles here. You can’t win here.

  • Gerald Koth
    Gerald Koth  yesterday

    Wait until the gubmint puts road taxes electricity as a minimum at charging stations. My electric charge is 16 cents per KwHr

  • T Ng
    T Ng  yesterday

    Great that electric cars are more efficient, but will them give me the rev exhaust noise? the gear box feel? Electric cars are not for enthusias / gear heads if you are into engine building. No hate.

  • irmenkop85
    irmenkop85  yesterday

    Two comments: 1) In my apartment here in Western Europe I have also 467 kWh on my energy bill. Per year.
    2) Calcluated with European gasoline prices, the result would be about around 3.500 $ per year for the Gulia.

  • Jester Drones
    Jester Drones  2 days ago

    Move to Vermont and tell me how cheap your Tesla is in cold conditions with high electricity costs with hardly any charge stations anywhere when you drive 35 miles one way to work and 20 miles to get groceries. Oh yeah, don't forget all the pot holes and road hazards. It's just not a great investment where i live. Maybe in a few more years i will think of getting an electric car, but until then I will stick with a gasoline vehicle

  • spectrumofreality

    Battery electric vehicles are the biggest farce on the planet! Have fun buying an eight grand battery in a couple years!

  • Coach Rob
    Coach Rob  2 days ago

    Is there a video that does the math over a 10yr Period because the average age of cars on the road is 11. At the 10 year mark by the video's math the EV has save you $14,370.00 both vehicles are out of warranty but 100K isn't that far on a regular car anymore but for an EV there is an average $16,000 battery bill has come due or you have a scrap car. Your savings are gone big time. Total Cost of Ownership.

  • Mikayo
    Mikayo  2 days ago

    Um your electric bill is cheap!! Mine runs 145 or 115 average a year. Does this math still make out?

  • mohsin ali khan
    mohsin ali khan  3 days ago

    Now the question is, how much are you going to spend on maintenance of a Tesla ?, is the overall bill cheaper than that of a gasoline car ?

  • live and let live

    Just saying national average in the US is .12 a KW

  • Hirens
    Hirens  4 days ago +1

    Keep up the good work man!
    Love your videos!
    Don't give up!

  • Nagy Andras
    Nagy Andras  4 days ago

    how much tax is on the gas and diesel, that does not apply to electric power at the moment ? yepp, there is your answer. apply the same taxes, and it won't be that cheap.

  • AmurruMan
    AmurruMan  4 days ago

    This entire video is irrelevant. The cost of electricity has very little to do with the overall cost to generate electricity and build all the infrastructure behind what is essentially a heavily subsidized utility. EV efficiency and cost rationale are taking advantage of that fact. Try to do the math on energy inputs if everyone drove EVs and had to generate the electricity individually to charge their cars. Energy conversion is the killer, and you are totally ignoring how inefficient many countries electrical grids are. How convenient for your analysis to just assume that electricity magically appears at your plug for a fully loaded financial and environmental cost that is accurately captured by your electrical bill. The true value of EVs may be in their ability to move pollution, and that has the potential to greatly improve the quality of life in urban centres. Making transportation more efficient and cost effective? You might need a larger whiteboard and a broader perspective.

  • Ricky Grela
    Ricky Grela  4 days ago

    Issue is for electric cars is that you lose all the money you saved on resale.

  • Aaron McCulloch
    Aaron McCulloch  5 days ago

    Cheap american gas blows my mind, in Canada it was 70-90 bucks to fill my Mazda RX8 every 2 weeks. A 28 dollar fill up sounds like something you'd only see in sepia tone flashbacks with royalty free piano music playing.... Premium was about $1.95 a liter last year when i sold it

  • Yash Sharma
    Yash Sharma  6 days ago

    Air-conditioning cost is not added.

  • AMGfan
    AMGfan  7 days ago

    I spend $75 per month in gas, 30 gallons or 500-600 mls. NOT worth the hassle!

  • lsd25records
    lsd25records  7 days ago

    Why Electric Cars Are So Cheap To Drive .. short answer because it can't travel very far before needing to be charged again..so you might fill up for 10 or 20 dollars but your not going very far.. uphill with a loaded car pulling a trailer may dramatically REDUCE YOUR RANGE. hope you all go for the supercharging option because none of the other modes of charging are practical for real people living in the real world.. funny Tesla only let the "good" supercharging port and cable out in Europe only.. so unless you buy there most expensive vehicle in the Americas, no super charging for you.. you can buy that 1 adapter for supercharging .but has to be the right Tesla and charging station too ... that was the short answer...

  • Boblib1970
    Boblib1970  7 days ago

    Wait until the government figures out how much tax money they're losing as more people drive electric cars. Hello usage tax.....