8 Hidden Expenses TESLA Will NOT Tell You About

Uncovering 8 hidden costs of owning an electric vehicle, especially a Tesla!
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▬▬▬▬▬▬ Contents of this video ▬▬▬▬▬▬
0:00 - Intro
0:12 - Hidden Cost #1
1:45 - Hidden Cost #2
3:20 - Hidden Cost #3
5:14 - Hidden Cost #4
7:41 - Hidden Cost #5
9:23 - Hidden Cost #6
10:46 - Hidden Cost #7
11:45 - Hidden Cost #8

[@MattDanadel]

► Use my referral link to purchase a Tesla and get 3mo of FREE FSD!: ts.la/mary72154 What are your thoughts on the Tesla Model Y? ◢◤ BEST FLOOR MATS: 3D Maxpider bit.ly/3QJaPnZ ◢◤ SAVE $10 with the code: “TeslaMatt10”

[@gale3684]

ill take the 1k off the teslas, is there a discount off the charger? What about aftermarket chargers?

[@sundararajankrishnan5494]

@MattDanadel I booked it yesterday using your referral code, Thank you

[@markcain5168]

My 240 volt outlet cost me about $300. 70 feet from breaker box. The money saved not having to buy fuel is wonderful. Spent $180 in the last year. About 12000 miles. The state of Georgia charges $200 a year for electric vehicles. Got to pay those road taxes. Roads and bridges you know. Love my MYP.

[@XX-166]

The mobile charger plugged into your garage outlet works great. No 240 needed.

[@seattledude2022]

Washington state. If road tax is $150, equivalent to 3k-4k miles of driving , then I drive easily over that every year. LOL

[@FlyWithTyy]

Lol that’s where I’m from as well! Georgia is amazing depending on what part👍🏼 can’t be too close to ATL. Alpharetta/Milton is the way to go

[@mostmost1]

Indiana charges me $150

[@Sinceredoge]

Let's go love my m3p

[@MegaMijit]

THANK YOU FOR MAKING THIS VIDEO!!

[@hamedyusif]

Very informative, thank you.

[@RogueMaverick_]

Informative and not bias❤

[@MattDanadel]

Thank you

[@rickeybarnes6471]

My 2021 Y Performance has 43,500 miles presently and I had those p zeros that lasted 22,000 miles on the back tires. Replacing them cost me 1,000 bucks! At 39,000 miles I switched to Gemini wheels and all season continental. Much cheaper to replace and a little bump in range increase at around 20 miles total range 😊

[@themixednomad]

can you share a link to those wheels?

[@michaelsheedy]

Evs weigh a lot more than ICE vehicles meaning more tire wear and increased brake distance. EV is really not about saving money, but about 0 emissions.

[@michaelsheedy]

I would imagine states will start taxing charging stations like they do gas stations.

[@MyCabinLife]

​​@@michaelsheedyyou can't speak for why everybody drives an ev. Every single person I know that drives an Ev does it to save money. Period.

[@Chrissyankids]

I came to argue because I thought it was going to be a Tesla bashing video, but it was on point and honestly I wish it was things I knew before I bought my car. The check I had to write when I got my tags hurt so much!

[@cherokee180c0]

You should have balanced this with a 7 unexpected savings elements as there are a lot I didn’t originally factor into my cost savings calculations. 1. Utility special EV charging rate of 6cents / kWh. $200 for 12K miles. 2. Free charging - my last 3000 mile trip, had almost 1/3 of the charging was free. Hotels, local city chargers, Cape Kennedy, relatives house, etc. This equals over $250/ year for me 3. Work mileage rebate from IRS not adjusted to EV’s yet, so I make $100 in profit every time I drive to airport for work travel of pure profit as I am paying $0.02 / mile and getting $0.65 IRS credit based on gas vehicles 4. HOV lane pass - convenient. 5. Utility $120/year ($10/month) direct bill credit for signing up for EV pulse to auto schedule at lowest cost tier. This is literally 250 miles for free each month paid by the utility. 6. Maintenance costs so far non-existent. I am sure others can come up with one more. This puts my total savings over $2K per year and I don’t drive that much.

[@cherokee180c0]

One more point, I too got a large quote for Tier 2 charger installation, but since I work from home I didn’t need so I used the 110V wall charger for all my charging. I was originally worried about this, but 40 miles per night or about 100 miles / day is not an issue for me.

[@kyleb8117]

The free charger one is a huge surprise for EV owners. I'm in a Nissan Leaf and I was shocked to learn (at the time I got it) that my state had old outdated superchargers (CHAdeMO) that were free to use (but also very iffy on if they worked and you'd often have to call their number to get it reset). My first few months of driving were absolutely free. Eventually the state actually updated them (and added a CCS charger) and they're now expensive, but the level 2 ones are still free (though very damaged at this point). For non-Tesla, there is a hidden negative surprise, though, and it's basically what I covered: unreliable chargers. You don't always know for sure if a charger will be available and working and accessible. I once was forced to use a public CHAdeMO that had a broken touch screen. Spent a good 5-10 minutes in the cold rain tapping out my code only to have it deny me because the server was down or something. A fellow Leaf owner stops there and has a card to tap to it and they offer to let me use their account to charge up. The charge was free, but it was a hassle and I would've been stranded without someone's help.

[@cherokee180c0]

Just did another 600 mile trip to CT from MD for work for about $10 total in electricity. Tolls were almost $75. Got free charging at the Marriott, free charging at my cousin’s house and used about $4 for a splash and go from a supercharger and $6 of home electricity. I will be getting about $300 in IRS car usage rebate from my employer. I have already exceeded my $400 profit a year estimate from my work expenses in 3 months. Until the IRS fixes this, this is almost all profit that can be used in your savings calculations. My yearly savings is way over $2000 / year already without properly figuring in reduced maintenance costs.

[@cheefussmith9380]

Some of these are very state and circumstance specific, but this is an excellent point and great idea. Lots of these are indeed worth considering as well😀

[@cheefussmith9380]

@@luisb.4306I’m in north Carolina. Can confirm

[@TheJohndoes1]

Hi I’m in the UK and I’ve had a M3P for over 3 years and it’s had about forty visits to Tesla for warranty work over that time, but I went to book it back in for the suspension knock again (changed 3 times over the years) but this time they wanted me to pay £99 to book it in for the warranty work this is their new charge for warranty work

[@guerinheckman6416]

Enjoy your videos. Very informative. Texas just passed a new bill that adds $400 initially, with a subsequent $200 per year over the standard registration fee.

[@eddiegardner8232]

Ohio adds $200/year for an EV. I only drove my ICE car 1200 miles last year; that's a surcharge of 17 cents/mile.

[@patty109109]

New York just gave me $2000 toward my new model 3 🤭

[@TopVillain]

@@patty109109lol they will get that back nothings free

[@RichardWarner-df7dz]

Wa is 300 a year for reg of any EV.

[@toriless]

TX gets 70% of their electricity from fossil fuels anyway. No point in owning a Tesla there.

[@austinharris3203]

Just ordered my model y performance yesterday. I’m about 45 minutes east of you. I’ll probably end up taking delivery in Nashville. What would you rate your experience?

[@kyleb8117]

Oregon's registration can be pretty steep. I paid I believe $300ish for my used Nissan Leaf. However, an interesting thing I learned while trying to research the cost of owning a Tesla: we have a program called OReGO that charges about $0.02/mile to help repair roadways and bridges and if you're signed up for that, registration drops to around $80/$160 for a used/new EV.

[@mrvoyagerm]

Ontario Canada has stopped charging licensing fees altogether. You simply renew online at no charge.

[@krik2579]

Can you post link to Nema 1450 plug please

[@vagabondsteve]

I appreciate all the effort you put into this video. From the drone footage to all the helpful information about additional EV expenses. Thank you!

[@MattDanadel]

Thanks for the feedback, I'm glad you enjoyed the video!

[@poweredbyalpaca6362]

To install the wall charger 75 feet away from my breaker on the outside wall of my house cost me $2,300 before buying the wall charger itself. I received 3 quotes that were all within this range. The material to install it myself would have cost a little less than $700. The amount labor involved is probably 2 hours with easy access to all joists and no drywall work. Expect to get taken on an absolute ride by electricians. In the end I opted to have the work done for liability reasons but its a fairly simple install. In addition my driving record is flawless and my insurance went up $65 a month with the Tesla coming from a 2017 Toyota 4Runner TRD Offroad.

[@markroath98]

After purchase of a Tesla wall charger, I paid an electrician $800 to install it, which he installed at the entrance to my garage door, which the breaker box was in the back of my garage. Upon completion, the wall charger had no visible line running to it.

[@XX-166]

Use the mobile charger in your garage and keep that other money in your pocket.

[@poweredbyalpaca6362]

@@XX-166 no garage

[@XX-166]

@@poweredbyalpaca6362 outdoor 120 volt plug installed serves the purpose. No garage needed.

[@poweredbyalpaca6362]

@@XX-166 sure, if you’re retired, or if you live within walking distance of everywhere you drive to. Might as well pocket the tesla money and buy a scooter. they charge off 120 too

[@flyingjeff1956]

@MattDanadel, if you happen to know, should I expect paperwork from Tesla for the tax credit? It's been a few months and I can't find anything on the website. The Model Y rocks.

[@dvader3263]

No. Tesla is not involved in your Federal tax preparation. File for the $7,500 tax credit when you are preparing your 2023 tax return in 2024.

[@flyingjeff1956]

@@dvader3263 So, as a tax expert, are their any limits on the EV credit for 2023? You know, like there was in prior years.

[@TanCreti]

Thank you. Overall tesla's tire cost is a plus due to long life. But do not forget to budget for snow tires since regular performance tires will not be suitable in snow areas.

[@toriless]

My Type V (rated to 149 MPH) tires only are rated for only 60000 miles since they are high performance all weather ones. They get better traction then mere snow tires.

[@jtkrpm1]

Higher insurance, expenses relating to charging (I actually moved to have a garage and a charger)

[@jrsands]

In late September 2023 in California it costs about $100 to fill an empty tank (17 gal x $5.80/gal). I fill up 3 times a month driving about 15K miles/yr. Annually gas costs about $3,600. Plus oil & filter changes a few times a year adds another $400. That $4,000 annually is a lot more than these expenses you’re pointing out that, YES, Tesla does tell you about.

[@toriless]

$4 a gallon in WA, $3 in Texas, I fill my Hybrid Camry a few times a year. Maybe monthly at most. Probably 12 of the 16 gallons.

[@kennethgordon9837]

Just an added thought for disabled veterans. Depending on your state and the percentage of disability you have you may be able to get reduced registration fees. And you may even be eligible to get reduced property taxes as well. In NV and at 60% disability they knocked off more than $400 in DMV fees when i bought my model Y.

[@jacksongil9123]

Hi there Im from Vegas, how much do you for your tesla registration? And road tax? Thanks

[@kennethgordon9837]

@@jacksongil9123 I t is based on the purchase price of your car. My Y was just over 57k and the registration was just over 1k. As a disabled vet they knocked off more than 400 of the cost. And with my model YP I will be due the full 7500 tax rebate when I file my taxes next year. Currently there are no other road taxes for an EV in Nevada.

[@toriless]

Mostly you have to be on reduced income too. I qualify for half off my property taxes but make too much income.

[@escalona8764]

Anyone here in Washington state? How much is your registration fee? Your electric bill charging from home?

[@xyzxyz6406]

My daily roundtrip commute is 96 miles and I used to pay over $300 a month to gas up my prius in California. I pay nothing to charge my Tesla with solar so I save nearly $4,000 a year in gas savings.

[@josephraffurty9293]

Installing a 240v outlet or wall charger can get even more expensive than stated if you have factors such as a) the garage is a separate unit rom the house and/or you need to add a sub panel because where you park is far from the main panel. I have both issues and my quote was for $5500 to install outlet, sub panel, digging a trench in the yard to run conduit, etc. Some homes just have less ideal setups for you to install. So I am looking at a more diy approach to cut costs, but a qualified electrician will still be needed to help make sure it is done right. Definitely need to budget to prepare for these expenses.

[@XX-166]

MOBILE CHARGER

[@mostmost1]

I added a dryer outlet. 240 v giving me 24 Watts max. Still quick and wasn't very expensive. I also updated my 100 watt panel to 200 watts. My driveway is near the new plug. I run the mobile connecter through the dryer outlet and charge my car. The dryer adapter cost $35. The upgraded panel and outlet cost $2500.

[@XX-166]

@@mostmost1 the mobile adapter cost me 250 bucks and works great plugged into a regular outlet.

[@mostmost1]

@@XX-166 I used a regular outlet for years with my prius prime. I was updating my panel and added the dryer outlet just to update my home. It wasn't expensive and works even better.

[@XX-166]

@@mostmost1 awesome if that works for ya

[@pegefounder]

08:20 I am driving a Dacia Lodgy in Austria and need for 70.000 km 6 tires (I have to exchange the front wheel tires twice as often than the real wheel tires) for 50 € each. Considering a Tesla Y, I was shocked by the tire prices. I researched the theme. The cheapest winter tire for the Y is in 235/55 R18 for 70€ The cheapest winter tire in 255/45 R19 is 110 €.

[@DolfKooz]

I knew about most of these. It would have been informative to research how much you'd have to drive to make up the difference in gas tax for roads vs registration fees for roads.

[@seeking70]

There are 50 states, and depending on the vehicles chosen in your comparison, this could run to thousands of possibilities.

[@thaphreak]

@@seeking70IKR? it's almost like doing the math is too hard. ..oh wait that's right he didn't do the math, just agreed with you. still not 20k for a reason.

[@aeronYTco]

Would you prefer to buy and own a conventional ICE car or a BEV and why?

[@silseth12]

my model Y charges at 6 miles per hour with standard 120v plug

[@JacksonWalter735]

1:05 just got hit with the $400 EV registration fee in Texas. It literally just started this month too and I could have narrowly avoided it if my Model Y wasn't delayed by an additional 4 weeks after the estimated delivery date. I'll have to pay it eventually, but it would have been nice to delay it by a year.

[@marlu6373]

you should pay more like 1 k $ stop crying

[@JacksonWalter735]

@@marlu6373 nah

[@user-pf5pt1wl3d]

good

[@Skyking6976]

Just took my leased BMW i3 EV for it’s 1st service at just shy of 2 years. The screen says next service, June 2025. Told the service rep sorry…the car has been perfect, everything works, every knob and switch where it supposed to be.

[@joshmaxrubinstein]

What about car insurance coverage? Same as equivalent vehicle or more expensive for you?

[@patricksweeney6334]

"What about car insurance coverage?" It varies. Tesla itself offers good rates for good drivers. USAA is great for current/past servicemembers and their immediate families. Many well-known insurance companies offer, uh... the opposite. It definitely pays to shop around.

[@JamKick]

In the UK road tax was based on the emissions of the vehicle. Now the govt has changed the laws to capture the growing number of EVs on the road. Some will pay more than petrol powered cars even.

[@bklyncyclist]

The biggest expense is body repair. It can cost almost the price of the car to repair body damage that might cost 3-4k in any other car. My insurance covered mine, and they did beautiful work, but I would think twice about buying another one because of this cost. Surprisingly the insurance company did not raise my rate, but maybe that's because it is already baked into the high rate I'm paying. Many of these "hidden costs" are also true on any other car.

[@toriless]

I guess that is why my Camry Hybrid is $800 a year, it has no expenses and parts are cheap.

[@mostmost1]

I went from a prius prime to a tesla and my insurance went down. That was an unexpected saving. Only about $10 a month but welcomed.

[@LylyMing79]

That's different for me. If I were to buy telsla, my car insurance will go up $500 but if I were to buy a Toyota, my car insurance goes up $300 every 6 months. Even though the telsla costs less.

[@mostmost1]

@@LylyMing79 it's about area for these insurance companies.

[@patricksweeney6334]

@@LylyMing79 "If I were to buy telsla, my car insurance will go up $500" You definitely want to shop that around. When I bought my Tesla, Farmers wanted to bump my rate by $600 a month. Friends/family had been nudging me to try USAA anyway, so I called them. "Uhhhh, yeah, we'll need to bump what you're currently paying byyyyy... $40 a month." "Where do I sign?" For non-servicemembers, though (current or former) Tesla itself is worth looking at.

[@bojanmilito2380]

is this the model 3 2023 performance in red multi coat?

[@MattDanadel]

No it’s the model y performance in red multi coat

[@stephenmccauley4976]

So the registration fees does this effect disabled vets as well…my current registration only cost like 10 bucks cause I’m a disabled vet would this go up if I get an EV?

[@dontbanmebrodontbanme5403]

Good points. Some of them will be mitigated, however. For example, Turanza is coming out with tires specific for EVs, which will last long and perform better. Regarding the EV registration fee, my state doesn't have it, but obviously in the end, we're all going to have to pay it, because the revenue is needed to take care of the roads, so that's only fair. Regarding the accessories, that's no different no matter what kind of car you have. Making a mistake and being charged idle fees? I guess that's good to know and once you do, you should never make that mistake. Let's be honest: the overwhelming majority of people will be charing from home and this won't be an issue. Good video.

[@-A-lm5xb]

I would be wary of tyres that a manufacturer claims will last longer and perform better from a minor brand, especially if they're saying "better than Pirelli". The fact remains they're generally more expensive than on ICE cars and wear faster so it's a double whammy. I haven't watched the video yet because I have no sound on this device, but a lot of cars come in 2 or 3 variants these days, each with accessory packs included in the price. There may be very few options, things like roof racks etc. that most people don't want. Had to laugh a "idle" fees, I get it but now you even more tied up as you have to be back at the car at a specific time. The more this stuff comes to light the more put off people are going to be.

[@dianapennepacker6854]

Don't basically all EVs have specifically designed tires already? Thought I watched an old Real Engineering video on how EV tires differ from regular tires. At least for Tesla.

[@stephengordon4081]

Have you looked into the price of battery replacement?

[@universeisundernoobligatio3283]

Have you looked into the price at your ICE engine replacement?

[@richardhetrick4770]

I use retreated tires they are generally less expensive and use less resources. Set your axcelation rate lowest setttions

[@toriless]

I use Type V performance tires from Michelin.

[@mariomenezes1153]

I think Virginia has some program where EVs get charged registration fees depending on the number of miles driven. You plug something in your car OBD port to track miles. Not 100% sure though.

[@toriless]

BAD IDEA!! ODBC-II ports are NOT designed for constant use. You will destroy lots of expensive parts !!!! Same form that safe drive BS, you will ruin your car !!

[@Brian-rm8dn]

My experience in over a dozen new cars in my lifetime OEM tires last about 18,000 miles. My tesla is right near that and guess what new tires. Most of my tires in last 10 yrs $200/tire min. That includes normal cars. Trucks or cars no matter. In Texas years they increased the ev rate. My understanding is they are charging $200. But my gas cars are$75. So it's really only extra $125. It's never going to be zero

[@pillington1338]

If EV owners need to pay increased registration fees to help pay for roads, then ICE owners should pay increased fees for polluting (actually, oil companies should just pay a tax on oil sold).

[@illyack5593]

Actually evs are polluting way more than gas powered cars. Green is a scam. You use more power which means the power company has to use more fossil fuel to provide energy. Get a clue and off your fake high horse.

[@ejwgamez4264]

Got a company to come give me a quote to install a at home charger. It was 3k to get the setup done. I did the math on this. With the battery needing replaced and tires and such, it will cost me 6 grand more in owner ship then getting a new Tacoma. Not worth it in my case.

[@markl3893]

Most items you mention are not really hidden and Tesla sales people are pretty well educated and open.

[@LarryButler-kp3se]

My time, on a trip, is $250/hour. Every 200 miles, add $250 to EV costs. Add more charges if I have to wait for an open charger or have to shop for one that even works. Add the horrible expense of extra nights in hotels and expensive restaurants. EV chargers are not located at McDonalds or Motel 6.

[@DrNormGutHealth]

Just got a quote from Liberty in Mass for 2950/year for MY. 3x what we pay now or Accord Hybrid. They say due to tech and sensors.

[@toriless]

I pay $800 for my Hybrid Camry.

[@wenbray6396]

Matt, just ordered the model 3 so watching videos to see what we are in for. I did lease the vehicle, so thinking I don’t need the paint protector for my car. It’s my first time having an EV so trying to figure out how to make the most of using the car. Any other info you maybe able to share would be appreciated. Thanks

[@NickWindham]

If there is paint damage, they will charge you when you turn the vehicle in at the end of the lease

[@SkystruckCrypto]

To mitigate the impact of accelerated tire wear, it's essential to prioritize proper tire care.

[@fishhunterjay]

Which is?

[@Bromocriptine777]

@@fishhunterjay”Tires that care”

[@donjorgensen1910]

Agree. My 2022 Model S has a wider and more durable tire in the rear prevents me from rotating the tires. Also, most of the driving of all wheel drive Teslas is on the rear motor unless it is a slick road needing the other motor to kick in. Tire pressure is very important not so much rotation. My tires last into the 30,000 mile plus range.

[@milworks]

What I save on time not having to go to the gas station anymore alone is worth it.

[@patricksweeney6334]

"What I save on time not having to go to the gas station anymore alone is worth it." Right? "Oh look, my 'gas tank' magically filled overnight again." Driving by gas stations has its amusement value now, too. "Oh look. A gas station. How quaint." Though, four years in, now I hardly notice them.

[@jamesmartin7282]

What about time wasted during charging? At least most gas stations have snacks and some have restaurants. Very few charging stations have them nearby. Most ICE vehicles have nearly 400 miles of range, which doesn't change much in cold temperatures and refueling takes 5 minutes, not 5 hours. To top it off, EVs aren't zero emission vehicles because the grid uses primarily coal and natural gas to generate the electricity.

[@toriless]

I go once a month, at most, for my Hybrid Camry, who F'g cares. I spend more time pooping than that.

[@user-vo9kt1lf5f]

In California , I pay 1/3 less for model Y car Insurane compare to I used to paid for Audi 6

[@MattDanadel]

Nice! Do you have Tesla insurance?

[@toriless]

Well, it is an Audi, driving heaps of garbage, endless money pits, was your previous car a Fiat, they are total crap. A bet you think a Dodge RAM is not junk too.

[@allwheeldrive]

It's a good thing you've put time into this, but some of these are not exactly relevant for many owners. Some things, like the tires (of which there are alternatives) and insurance, can look exactly the same as any expensive, "premium" vehicle. Charging outside of the house is, again, not unlike purchasing fuel from a gas station: some are high, some are not, and you just need to do your homework. Regarding running expenses, I'm sure some owners have their stories. But, the vast majority of Tesla owners have spent very little over the course of their 3-4-year ownership. We have a Model 3, now in it's 3rd year and with 25K+ miles on it and have only spent additional money when we ran over debris on the highway, and for someone to come by from Tesla to look some things over, and only replaced a cabin filter (and did a diagnostic, updated everything, and made some no-cost recommendations - for $65 total). A friend is on year 5 for his 3 and has the same kind of experience, including Tesla calling THEM regarding an indication their battery pack - which was still under warranty - was not holding a charge like it should, and replaced it under warranty within a week AT THEIR HOUSE. Another friend, on their second Model S, quite literally only bought tires at the 45K mark for the first S, and he drove the snot out of that car. They both installed chargers at home (and one a battery wall which is pumping electrons back into the grid), as well. Good to be aware, indeed., but it's important to take the entire landscape into account. The information is out there. I'd say with comfort, and as a rule, these cars will be far less expensive to own after the warranty is over. The specter of a battery replacement is becoming far less of a major financial moment every year, and they are clearly going the distance.

[@toriless]

Yeah, everything on a Lexus ES300 costs twice as much as my Camry for the exact same parts. I pay $800 a year for insurance and my tires were about $700 for 60000 miles. So expensive, oooh, I feel so broke now. I even have to fill the tank monthly, what a shame, poor me.

[@Secondwind2010]

Not in New Jersey

[@marting6015]

the cost of an EV is what really prevents people from saving any money. Sure, you save money on gas but you would need various years of ownership to make up for that when it comes to the price difference. It just doesn't make sense to own one right now. Maybe it will in 10-20 years.

[@jakesnake436]

Just replaced the 12volt battery after 3 years. Easy to do and only cost about $80 bucks from Tesla. We have a 2020. I think they switch to Lithium battery after the year 2021.

[@toriless]

It is not like it needs CCA so it costs a lot less but I can still find one with 650 CCA for that price.

[@66goofyfoot]

Thank you for producing a very informative video, but I think you should add some comparisons to ICE cars to refine your information. You mention gas tax EV fee but you fail to mention how much you pay for gasoline for all taxes and fees for ICE cars. I think you said the EV fee was like driving 30-40K in ICE car. In California the taxes and fees come out to $1.18 per gallon and the EV fee is a maximum of $175 per year. My wife drives a Mazda 3 and uses about 233 gallons (7,000 miles) per year or $274 per year in fees. In my Subaru, I drive 18,000 miles a year and purchase 822 gallons of gas. I pay $969 per year! I also read from others that some insurance went up like GEICO and others like Progressive stayed the same. My 2019 v-4 Subaru Outback weighs 3,600 lbs. a v-6 is 3,902 while a M3 weights 3,862 and a LR weighs 4,034 lbs. Just going to Discount Tire I was able to get tires for a model 3 for 1-200 per tire. I recently got new tires for my Subaru $872.

[@mn_ice]

After owning my Tesla, I found that to drive it from MN to FL I would have to stop and charge 16 times, adding roughly 9 hrs to my trip, or basically another full day of driving. So I paid $2500 this year for shipping to and from FL.

[@johnd9031]

That’s an important cost consideration.

[@n00bprof82]

Car rental and insurance very expensive in FL.. so this is good move...😅

[@patricksweeney6334]

"from MN to FL I would have to stop and charge 16 times" Do you have a Standard, Long-range, Performance...? I'm ball-parking Minneapolis to Tampa Bay at around 1600 miles. If that's correct, does that mean you were anticipating charging every hundred miles? I guess that depends on total vehicle range. I haven't taken a trip that long yet, so...

[@mn_ice]

@@patricksweeney6334 I have standard Model 3. The Tesla mapped out the route and charging stops.

[@patricksweeney6334]

@@mn_ice "The Tesla mapped out the route and charging stops." Ah. Ok. Not having let mine map a route yet (since I haven't gone far enough to bother yet), I wonder how it decides the stops. I should go somewhere and find out. lol

[@Curbow5]

I would not consider any of these hidden expenses. If you do your due diligence before purchasing the vehicle you would have known these. The only thing I missed when I bought mine was that I did not realize that my M3 came with summer tires; I had to invest in a set of winter tires.

[@tomdavis3038]

And honestly depending on where you live you may not even need winter tires. And if you do need them, you’ll definitely have better traction in snow that “all seasons” anyways Cheers

[@thomashom3527]

@@tomdavis3038 j

[@rockygambina312]

You are not the average car buyer. This video is to help those less knowledgeable to be educated

[@AJUZU2k-gy8yj]

This video is literally here for people trying to do their due diligence.

[@Curbow5]

@@AJUZU2k-gy8yj You're right...thanks for the observation.

[@jimmylee1408]

Lol I pay $1088 less in insurance for my Model Y Performance than my M2 Competition that I sold it for. Tire wear and price are similar in both since both are high power cars with wide and low profile tires. Compare to a performance gas car, the cost for speed with a Tesla is less.

[@YesCivic-R]

Good point, insurance is $500 more expensive than /hybridICE yearly, depreciation (20% per year avg. during the early 3 years) is faster than ICE/Hybrid due to the nature EV 1st Gen, and on top of the tires wear out much faster than ICE/Hybriad, $1500 set of 4 TIRES every 2500 miles. That's the the nature of 1st Gen and 1.5 Gen EV, due to automation and lower material ocst over time. Thus, hybrid doesn't seem too bad after all, wati till 2nd -3rd Gen stabilized the cost., then I reconsider EV.

[@roadrider7john245]

Better recheck your figures for Supercharger use. It ain't that cheap anymore, especially considering many, many owners pay those idle fees. Especially on highway trips in cold or hot temps where EV efficiency drops (HVAC takes power), at current gas prices many similar sized efficient ICE sedans will cost LESS to fuel on highway trips vs Supercharging a Model 3.

[@HectorMartinez-gy8kp]

Insurance rates are about to sky rocket, tell the battery thing to hundreds of people paying for a refurbished battery

[@Msb9820]

Insurance increase of 130% along with registration fees is a deal breaker for me… I’ll continue driving ICE for now…

[@Anomize23]

This is just another political game fooling people. I would suggest waiting too, because next is Home insurance increasing for those who have these electric cars that cost way more damage in a fire.

[@mrvoyagerm]

Don't forget how much you paid for fuel, and maintenance, oil and filter changes, inspections etc for your ICE car annually and then all these expenses begin to fade by comparison.

[@ja163361]

Great Video. No registration fees in Florida. Love my Tesla and dont think I will go back to gas cars any time soon.I charge at home and its alot cheaper than fuel these days. My car is always full... lol

[@patricksweeney6334]

"My car is always full... lol" That has to be one of the coolest aspects of owning an EV. "Yawn. Oh look, my 'gas tank' filled up overnight. As always."

[@marlu6373]

don"t worry pretty soon you will pay for the road tax

[@ja163361]

Not in florida.. Maybe in california@@marlu6373

[@ja163361]

@@marlu6373 Its ok . every time you fill up your gas car you pay a gas tax. So it pretty much evens out at the end of the year. Still save money charging at home.

[@twentythreeforlife]

Was there any change to your insurance costs?

[@paulgilbert2506]

I bought a Model Y 2022 and I got Tesla insurance. They give you a "Safety Score" of 90 to start with and adjust it based how you drive. My initial premium was $145/month at the safety score of 90. After 1 day of driving my safety score was 96 and my premium was adjusted to ~$111/month. After 2 days of driving my safety score was 97 and my premium was adjusted to ~$105/month After 3 days of driving my safety score was 98 and my premium was adjusted to ~$100/month After 4 days of driving my safety score was 99 and my premium was adjusted to ~$95/month This is lower than I was paying for my 2014 Honda Accord Hybrid. Conclusion: Insurance on a Tesla is cheaper if you use Tesla Insurance.

[@oxygen786]

How many miles a day do you drive on average?

[@paulgilbert2506]

@@oxygen786 ~1000m/month so thats ~33/day

[@torrie_d]

What state is this?

[@patricksweeney6334]

"I got Tesla insurance. They give you a 'Safety Score' of 90 to start with and adjust it based how you drive." Cool. I was wondering how the initial pricing went, but hadn't looked into it. When I bought my M3P, on the recommend friends and family I checked with USAA... they quoted $120/mo. Sold. In four years, I have nothing but praise for them. One catch... the requirement to be - or have been - a servicemember, or an immediate family member of one.

[@kv1930]

You do realize big brother is Watching?? Do a few launches and watch the score drop?? Lol I have been driving my ice for a whopping insurance rate of $45 a month and I give myself a rating of a solid 92%(I like to drive safe,but spirited) lol

[@chrisfifield8583]

As long as the car is paid off by the time i have to replace the batteries or motor its all good . Im paying 800 dollars a month for a car payment , and 226 for car insuramce . My car costs me over a grand a month

[@cpt.calamarigaming634]

what is wrong with the us with this gas tax… there is no such thing in germany, u don‘t even have to pay vehicle tax, only VAT

[@henrycruz45cal]

#1 not in my state #2 cost me 35 bucks to install myself #3 Super Charging is free with my Model S #4 ceramic coated it myself for 75 bucks Accessories are optional #5 yea, my tires only last 35k miles as for cost, I never buy cheap tires, no matter what car I have. #6 yes insurance is more than my ICE car but not as much as described here #7 Premium connectivity is free with my Model S #8 no maintenance in 8 years except for my 12v battery (replaced twice)

[@toriless]

#5 - Michelin Cross Climate 2 on my Camry.

[@covercalls88]

I couldn't justifying replacing my crossover with an EV. But I build my own Ebike. No car registration or insurance. Cost about 5¢ to cover 15 miles of riding.

[@dougowt]

All fair enough and interesting to see how things are in the US. Here in the UK we don't have the state charges and currently my 2016 Model S has free road tax, which increases next year to £20 per annum. All BEVs currently don't pay road tax, although there are charges for all BEVs being introduced next year. As usual when politicians get involved, the changes are ill thought through. My Model S goes to £20 per annum, but the small 2014 Kangoo ZE van that I used to own, will go from £0 to £270!! When we need more electric delivery vehicles in our towns and cities, this seems a rather counter productive move! I think ultimately we should go to a mileage based system, accounting for the size and weight of the vehicle as well as miles covered. I cover at least 20,000 miles a year, while my elderly neighbour covers 300miles, we should not be paying the same to use the roads. And for at least the next 5 years, last mile electric delivery vehicles should be exempt. Cheers

[@stevesaltzman9398]

😅

[@stevesaltzman9398]

The amount of money we spend on gasoline versus electricity right now is a real bargain. I’m spending less than a dollar a day Canadian for my fuel and that’s it and I had the car for a year and a half and it never has let me in the lurch a problem with door locks with that’s it and it’s nothing. I just want to cry fault and I just wanted to say that there’s so much that we need to do but we need to understand that we can’t ignore the fact that there is our Cleveland radiant shoes I want to fix them up cost at 🎉 8:14 8:14 Cleveland radiant shoes I want to fix them the municipality in the city in the eventual or federal state government and the national government, we need things that we need them to build all those chargers because what’s going to happen is new and the buyers are gonna be coming and coming and coming and they’re going to keep rolling up those supercharger stations which is not too bad right now but you go there at the right time baby but you’re going on three day holiday and you can’t get a spot and you have to wait there for a while and there’s not You’ll have more than what we can do as we get 8:14 sd bf by Ty he p et OP ppl ev we è Bn jirebei ppl haveb Tubi read appointment and cf even Though T hug re main gr rdixencewith the proponent of TVs and that’s the way it goes and if there’s somebody that wants to build and they do they were used I was in that lot more thorough then it’s much more dangerous and it’s still good it’s better than what we have but we’re ready for it and we’ve got to have everybody here in these cars. I’ve got to make it affordable and chargeable and everything else if you need it eir charges for their homes and they will do it and they building the condos the factories, everything or people park their cars you can put in charges and you can charge them for the audit I’m just saying, but this will be done with bough by a very tec Tesla oriented. This is where’ll see too ord err nth see t we all wsntnelecttivlewhere V’se take to the new and much have hydropower to in. Whatvresly nm interests me the most my mind reflects a LOL l of aged opinions and its very 8:14 We need to follow through by keeping the flow n the same Btw we had a pretty large screw embedded into the wall of the tire. Imgoingbtontrybtoncollgoing suffice it to say it was no car problem with it. It was just a new dryer that had to be put on every match the other tires in the car reschedule car and it was fine is $400 and it was installed. The one far away is just worked fine and then they don’t even have a spare in the car because you’re using it but I do have a tire tire inflator. I guess I can put it in there and take it to the case. I know Tesla come to you Roadside service I think you have 800 km he need to be towed it they open the doors from the spacing it’s all really awesome. Do you have an iPhone, if you have an iPhone, do you know what it’s like to get the updates release phase change is Alexa better. Bottom line is the car does the same thing with Bill take 25 minutes of time they give you like a warning he’s gonna update your car and drive it you can’t see it while you’re doing it you just have it written software goes into the computer in the car and the car with then it will just look different. It’ll be different depending on what they put in a change in the automatic driving. 8:14 @@ What is genius referring to ok k to. when we get the card done and service that we going to Alberto, we’re going to take dinner we’re going somewhere I should be home like driving the car. I don’t know how long I wanna drive it but if you want to know if I have my meds with me I should be homey songs We are are 8:14 8:14 can you please explain to me what is 814 814 drivers were they doing you feel like they’re qualified to drive a Tesla very young age insurance company won't like it but they like anything I want you to buy insurance to stay home in bedev you feel like they’re qualified to drive a Tesla very young age insurance company don’t like it but they like anything I want you to buy insurance to stay home in bed I had to write this because it was needed but unfortunately there’s too many English spelling mistakes and think that’s just not right so I’ll have to go over it again but I have to also but we’re all the movies and clips we have a where are use the ones that are relevant. We got to get it so I’m going to get the documents for the sales but I also for drivers koi in pom

[@toriless]

The US already has weight charges.

[@67daltonknox]

Superchargers in California are 58cents/kWh. It's cheaper to fuel a Toyota hybrid.

[@MattDanadel]

True. Total cost of ownership for most vehicles is way less than a Tesla

[@toriless]

11 cents to charge at home where I live which is why a see a lot of Model 3's but ALL charge at home. Half my Neighbors cars are Tesla's. I live in decent part of town. Lots of families where kids walk to the school half a mile away from me.

[@rytyky03]

are they really eco friendly? from digging up earth to charging?

[@MattDanadel]

Not really until like 2-5 years of driving it. Saving on the gas your would have used. Battery mining/manufacturing is really intensive on the environment. More CO2 produced for a new EV than a new gas-powered car.

[@theveteran1449]

They’ve conditioned us so well that most can’t own an EV with out the cost of also having a smart phone of some sort. But no accessories to accommodate , considering most now Days use their smartphones for most everything. As lame as that sounds.

[@jackfrost8439]

What about the "hidden costs" of internal combustion cars? Gas taxes. Why should we expect electrics to not help pay for roads? I have no problem with added registration costs if I am not paying for roads through gas tax. What is the other choice? No taxes but make every road a toll road?

[@b3arwithm3]

Many of the items had nothing to do with tesla or ev. Premium connectivity exist on most brands. There is onstar, onlink, bluelink etc. And even other brands always force us to buy their pricey car mats and other accessories

[@toriless]

You can buy them online for a LOT cheaper, genuine Toyota too. That is how I get my accessories (floor and trunk mats, etc.) and supplies (filters, etc.)

[@snowrocket]

In Ohio, USA it costs $56/year to register my Nissan Altima. ANY EV will cost $256/year to register in Ohio.

[@Eric-ro8bw]

I assume that one day they figure out how to charge $3-$5 per kWh for charging your EV.

[@LJ-uy9ru]

I would save like $275 a month in gas and only have to pay an extra $200 per year EV tax in Texas. That's sill saving a ton of money.

[@deand6411]

I have a model 3P. No one told me that it would attract really beautiful women and that they expected me to spend a lot of money on them. I never budgeted for that when I bought the car :(.

[@lesru7]

Agreed that EVs are heavier than the equivalent ICU cars. But if you drive the mid-size or above ICU SUVs, many of these SUVs are even heavier than EVs. So I kind of disagree the statement that EVs wear out tires faster than ICUs because of only weights. Something else together make EVs’ tires wear-out faster. However, EVs’ special tires are surely more expensive.

[@MattDanadel]

It’s not only about weight. It’s about weight and the instant torque EVs have that ICE cars don’t.

[@gatoraudio1]

@@MattDanadel No that's not it. ALL vehicles apply force through the tire to the road, that's how tires work. But the answer is TREADWEAR. Research what the treadwear number means. The manufacturer-chosen tires (especially on Tesla) are VERY LOW treadwear numbers, which is why sport tires wear away so fast. A proper load range and a high treadwear number tire will last as long as on any other vehicle.

[@xyzxyz6406]

My Tesla registration is about $200 more a year, or $16 more a month, more than my wife's Camry. My Tesla insurance is $47 more a month than my Camry so that comes to a grand monthly total of $63 a month but I have solar and I basically don't pay a dime to charge my Tesla all month long while my wife has to pay over $300 a month in gas and $100 for oil changes and $250 for tune up's and all the other BS maintenance fees I don't have to pay in my Tesla so driving electric saves me a ton of cash every month.

[@trex2092]

Please tell me where in the United States uses 110 Volts as standard wall outlet power? Where I live when I put a V.O.M. on the circuit it shows 120 VOLTS and has done so since the 1950's. Get it right or go home. In regards to the 14-50 "I am too cheap to get a real wall outlet" receptacle, guess you did not see the Sandy Munroe segment on how DANGEROUS the big box store 14-50 receptacles are which are NOT rated for a continuous duty cycle. If you are going to use a 14-50R you better do your research and get one rated for continuous duty cycle or they can melt. Sandy proved it.

[@andreisuvorkov2023]

*HiDdEn* expenses - tires, insurance, tax etc..

[@icpchad]

When you have more money than sense ... you buy an EV. Especially a Tesla.

[@dancingbyte]

When Tesla claims Tesla is more safer car due to its fsd and other features, insurance should also be low.

[@jimmysoriano2169]

Sorry, but we don't have EV fees in Hawaii. We pay more on EV registration fees bacause it is based on vehicle weight. Makes sense cause EVs are heavier whereby it takes a toll on our roads.

[@HoerigStrength]

There’s a 30% federal tax credit on the cost of installing charger at home for the next 10 years

[@boballison123123]

Thanks for the video, despite all the negatives you highlight I still think Tesla (and all EV's) are excellent cars and the way we should go in the future. As hard as it is we have to say goodbye to fossil fuel cars.

[@rayshepherd2479]

😂 Maintenance costs are supposed to be less with an EV but I haven't seen that with ny model S. I can do much of my routine maintenance on my ICE vehicles but not much on the Tesla. Right now my Tesla has a problem with the battery conditioning system. I believe it's going to be an expensive to repair. So although EVs have fewer routine maintenance requirements repairs for any problems are expensive.

[@LemironStarling]

I’m a fan of more EV’s, however I have the same thought too on repair cost. I like to and can work on my ICE vehicle but when there is a problem it’s a “slow burn”. You get a bit of a warning when there is a problem that needs to me fix but with a EV it could be a problem that could leave you stranded and there is no tool in the trunk to save you. Also to you point an expensive repair if something goes horribly wrong.

[@ivankuljis1780]

Equal record setting 16th Flight of a stage 1 Falcon 9 Booster. Can you think of any other Rocket designed before SpaceX came to be, that has accomplished this?

[@Tweetogreggieb59]

Two thumbs up 👍👍 On point, EV News, all EV owners can use. Don't sleep on this one because Hate or Love it, as an EV Owner, you're already Opted in and your money is being taken unknowingly.✌😎

[@ripmax9816]

Why is the title pointing out Tesla. It should say EVs in general…..

[@lawrencecooper7275]

How is any of that "hidden" by Tesla or any other vehicle manufacturer? Maintenance, insurance, fuel (gas or electric), tires, etc. are required for every. single. vehicle. on the road. You'd have to be pretty naive to think any of this is "hidden"

[@markroath98]

If you purchase a Tesla, you soon realize it is a minimalist vehicle. You will need to purchase a home wall charger, if appropriate. Note: You might be able to have your local electric company pay part of that expense. You will need to purchase certain vehicle tools like different types of charging apparatus. You will need to purchase floor mats, drink holder, etc. Additionally, if you intend to use your vehicle to sometimes camp, you will need to purchase a mattress and other items of that nature. Finally, you are told that the vehicle should be wrapped or partially wrapped as well as coated, which can be a large additional expense.

[@bobby350z]

Any vehicle come with a mattress? Personally if one can afford $$50&60k car, other expenses are nothing

[@jacobheinz8236]

Why would I camp in the car with an inflatable mattress when I have a bed at home or at a motel? Good for ppl who like knocking their heads in a crammed car space huh. I rather pitch a tent it’s got more head space than any car.

[@markroath98]

@@bobby350z You might be correct, however, wrapping, coating, charging unit/installation, and certain key tooks could add an addition 10K to your overall vehicle cost.

[@bobby350z]

@@markroath98 - charger installation is definitely expensive here in CA but overall charging at home is much cheaper than super chargers. Wrapping I did on my Z 20 yrs ago, not going to bother now. Maybe someday if I buy a nice Ferrari, then maybe.:)

[@patricksweeney6334]

"If you purchase a Tesla, you soon realize it is a minimalist vehicle." "You will need to purchase a home wall charger" If you normally drive more than 40-60 miles a day, a home wall-charger is beneficial. Flip-side... What ICE-vehicle owner can install whatever it would take to have the gas tank refill overnight, especially regardless of how close it is to empty? "You will need to purchase certain vehicle tools like different types of charging apparatus." ??? Um... Tools? Charging apparatus? The first point already covered charging, so... what tools? Adaptors to allow charging from other (usually slow, crappy, one-or-two stall) charging stations? Not a necessity at all, but sure, they can come in handy maybe once every couple or few years. "You will need to purchase floor mats, drink holder, etc" Need? No. Many (most?) new car owners *of any brand vehicle* do want to accessorize their vehicles in multiple ways like that, though. Not a Tesla-specific consideration at all. "...if you intend to use your vehicle to sometimes camp, you will need to purchase a mattress and other items of that nature" What??? Again, in no way Tesla-specific. Do *any* other new vehicles come with a mattress, camping gear, whatever? "...you are told that the vehicle should be wrapped or partially wrapped..." That's a *sensible* thing to do, but *again* it's a sensible thing to do for any brand of new vehicle. Nothing Tesla-specific about the value of doing that.

[@universeisundernoobligatio3283]

In Ontario Canada i'am on the ultra low rate program for home charging, only use super charges

[@Hero007ization]

That's why I bought a VW with 3 years free charging from Electrify America.

[@josemr77]

Missing depreciation and resale value.

[@aa19nn]

Is a Tesla soft ride and quiet like a Toyota?

[@steveb796]

No.

[@stevejasik451]

The 2023 MY got a "confort suspension" fix in the spring of 23.

[@aa19nn]

@@stevejasik451 is the comfort suspension soft like a toyota?

[@stevejasik451]

no idea what a Toyota ride is like, but it should be softer than my Dec 22 MYLR

[@steveb796]

I do t mind paying the extra registration that goes to the road fund. Totally fair. If you have a super charger close to home I would consider trying to just use a wall outlet for home charging. That’s what I use 95% if the time. Try it before investing in a high power outlet.

[@Chrissyankids]

I think they should give us money back for not polluting the air!