Ownership cost

Used Tesla Model S 2014-present review

Used Tesla Model S 14-present
Review continues below...

What used Tesla Model S hatchback will I get for my budget?

The starting point for Model S ownership is currently around £35,000, which will buy you a 2014 60kWh model with an average mileage for the year and a full service history. Spending between £35,000 and £40,000 will get you slightly better or lower-mileage examples of the same year, while between £40,000 and £45,000 buys a good 2015 car. Expect to spend more than £50,000 to put a 75 or 90 model, with more range, on your driveway, and you’ll need £60,000-plus for a 2016 car and slightly more than that for the long-range 100kWh model.

Used Tesla Model S 14-present

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. 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 £310 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.

 

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