What used Tesla Model S hatchback will I get for my budget?
The starting point for Model S ownership is currently around £30,000, which will buy you a 2014 60kWh model with an average mileage for the year and a full service history. Spending between £30,000 and £35,000 will get you slightly better or lower-mileage examples of the same year, while between £35,000 and £40,000 buys a good 2015 car. Expect to spend more than £40,000 to put a 75 or 90 model, with more range, on your driveway, and you’ll need £45,000 for a 2016 car and slightly more than that for the long-range 100kWh model. Spend between £50,000 and £60,000 on a 2017 or early 2018 car, and £70,000 on a 2019 model.
How much does it cost to run a Tesla Model S hatchback?
You’ll pay for no fuel, of course, but a full charge will probably cost you between £6 and £10 in electricity on an Economy 7 night rate.
Naturally enough the Model S's CO2 emissions are zero.
You won’t pay road tax, but if your car was registered after the tax changes of April 2017 came into force, you’ll pay an annual luxury car surcharge – currently £320 a year for cars costing more than £40,000.
Insurance costs will be on the high side, servicing is required annually or every 12,500 miles and servicing plans are available. A three-year maintenance plan includes three inspections in total – one every 12 months or 12,500 miles, whichever occurs first – and can be paid for up front or in instalments at a cost of £1575.
A four-year/50,000-mile warranty is standard from new, with the battery covered for eight years, no matter how many miles you do. Tesla’s over-the-air wi-fi software updates fix glitches and add features while you're asleep, rather than requiring you to book your car into a dealer.