Unexpected Costs of Owning a Tesla Model Y...

[@dreverydayjan]

Just wanted to say that Tesla DOES include a License Plate Holder however it's mounted with double sided tape and can damage your paint so we don't even think they exist! I recommend the Snap Plate as this protect your paint while still obeying state laws!

[@billybobbob3003]

time to trade in those tesla's for a rav4 or crv hybrid

[@jimbreen7009]

Hi Jan how do I get a referral ,from you? Are you sure it’s $400 for it? I heard it was $250? Thanks Jim

[@MC-gj8fg]

Insurance companies don't reward loyalty, tesla or no. If you stick with same company too long they'll just assume you aren't going anywhere and will begin changing you a significant premium.

[@AndrewTSq]

@@MC-gj8fg this is why I changed insurance company. I bought a new car, checked the (edit: the one that I used at the time) insurnace companys homepage which said $x amount, so I called them to get a better price. In the call she said she could not give me a better price than $even more than their homepage... So I said, "that was funny, cause I can get a better price on your homepage... " Said politly I did not want anything todo with them again. Called another company, and they said almost half the price from my previous company without me not even trying to get a cheaper price...

[@pzak5927]

Hope you all dont live in a cold state where it snows and they put salt on the roads. That salt is going to corrode your battery eventually plus all that cold weather will decrease your batteries range.batteries hate cold

[@forumboss2620]

California is now in the bottom 10% of all states in road quality. Then CA charges $1100/year in Registration fees for Model X plus 7.25% sales tax. So, for a $60K Tesla, you’re paying $5450 to the state just to put it on the road. That’s outrageous. Insane.

[@bigbaddms]

in my city in California, sales tax is 10.25%. So add another $1500 in sales tax onto your figures

[@beowulf555]

That’s the registration cost for any car at 60k

[@jscott1363]

This money just disappears into the ether we need accountability cuz there is none currently 😊

[@CadgerChristmasLightShow]

My yearly registration in idaho is like $125 total, for a 22,000 dollar car. I pay for 2 years at a time and its less than $250. California sounds horrible.

[@Victic005]

Wow, my Kia Stinger is only around $350. I will avoid getting expensive luxury cars.

[@hugoglenn9741]

They don’t use the battery to slow down the car, they are using drag from the electric motor/generator as it backward recharges the battery. That why they call it “Regenerative”

[@bobkk-ev5ls]

Regen braking turkey

[@zarb88]

@@bobkk-ev5ls a little harsh

[@tmcrae6957]

Nice video. One thing that was understated in the video is fuel cost. I'm on the east coast and I have a wall charger at home. The cost of electricity to move my Y is about 1/4 of the cost to move a 30 mpg car using regular gas over the same distance. Yes, your electric bill will increase, but it costs much less that the gasoline you would have purchased. That absolutely adds up.

[@terrysantamaria6069]

How about insurance?

[@celinachhuon-romero3258]

This was super helpful! I am shocked to hear how much registration costs in CA especially coming from FL and now living in CA. Thank you!!!

[@stevedowler2366]

Thanks, Jan for that quick rundown of expected and optional costs. I have a Model Y LR and I added the floor mats and trunk mat too. I also had the PPF applied and it has helped avoid rock chips but the front bumper gets lots of bugs which don't come off easily. Some detailers recommend ceramic coating rather than PPF as it cleans up more easily. I also needed the front plate mount as the one supplied by Tesla uses stick-on tape which failed over the winter. Other than those accessories, I've gotten along just fine without any other additions. My car came with the charge cable and included the 120V adapter. Tires do cost a lot and I swapped out the OEM tires for all-season tires as I drive in snow conditions often. The video is a good reality check on actual cost additions, thanks again.

[@dreverydayjan]

Nice!

[@JensSchraeder]

Sorry you bought an EV 😂

[@divinethrash4206]

@@JensSchraederbet you said the same thing about smart phones.

[@MrBunny53]

Do they not come with all season tires?

[@dominiccarpenter5890]

I had ordered a 2024 model Y and when I received my insurance quote ($154/mth) I cancelled it. This would have removed all my monthly gas savings. I currently pay $56/mth for my 2019 Volvo XC60.

[@barygol]

154 a month? Lol. Wtf is that?

[@not4dagames]

@@barygolfull coverage and over 3x what they currently pay

[@gen4957]

Good to hear some states aren't shafting consumers on insurance. I got quoted between 289 and 1200 with zero accidents in NJ.

[@thetruth7300]

That’s a steal! I’m paying 180 for a 2018 Audi. No accidents

[@TheWildwoodPicker]

I got a quote from my Insurance Co... right now I pay $112.00 per month full coverage on a Caddy XT5, my payment would go up to $133.00 per month for a Tesla Model Y. Not too bad for NJ.

[@Rdhog]

I just put tires on my model S recently at just over 58k miles. I thought that was reasonable. I keep the tire pressure at spec and drive it "normally" even though quick acceleration feels effortless in an EV, it is harder on tires.

[@onsokumaru4663]

It's not so much the acceleration, it's the gross weight of the car that puts a toll on your tyres.

[@juliocarrasco7164]

I have had a Tesla Y for two years and the only extra payment I “had” is 350 for my registration…. Tha’s all then, just the normal electricity. The insurance its being the normal charge…

[@3604Kvideos]

Thanks for taking the time to share the information. The images of the Tesla without the front number plate, led me to learning that not all states in America require a front number plate. I'd never noticed cars without front number plates before. Thanks.

[@johntalbert8227]

I live in TN, not needed.

[@Whimsy4fall]

Arizona used to only give you one plate. But that was over 10 years ago.

[@barygol]

​@@johntalbert8227the paradise of hit n runners

[@ceciliahammons2534]

​@@Whimsy4fallArizona is still just one plate on the back

[@kenji424]

Thank you Jan for letting me know additional hidden ownership cost. I was on the fence getting a M3, but now I’ve decided to buy a Prius instead for my daily commute of 110 miles per day.

[@Resist4]

Since when did Tesla stop including a front license plate holder? And Premium Connectivity is not free for a year, it's only free for 3 months.

[@rayshepherd2479]

On my Model S Plaid I purchased late last year Premium Connectivity was free for 1 year.

[@AnotherBJK04]

1:28 when I went from my Chevy bolt ev to my model y performance, I went from $200 to $719 for registration and I did a little digging on why it’s so expensive. It has to do with the weight of the vehicle, not the value, or else the registration would go down each year as the car gets older and devalues.

[@CookandBakewithSamer]

It’s good you changed insurance. I had AAA for many years. I still have their membership. I had to change when we purchased a used S-class back in 2007. They wanted $450 a month. I had to shop around and switched. Ironically, my Mercedes ML had a normal rate with AAA. Even the agent wasn’t sure why it was so expensive.

[@dreverydayjan]

$450/month?! Wow thats so expensive!

[@CookandBakewithSamer]

@@dreverydayjan I know. It was more than the car payment at the time. Not sure why AAA charges so much for luxury cars. Otherwise, their rates were fine.

[@joebrown4138]

I pay $195 for six months, $535 for three cars in CA

[@kckc9281]

@@joebrown4138what company?

[@joebrown4138]

Geico@@kckc9281

[@mr.foxwiz1653]

I ditched AAA just last week because they wanted to screw me by wanting to charging over $3,000 for my Tesla Model Y. Got insurance from another decent company for $1,500 a year. I will never go back to AAA. Crooks.

[@dreverydayjan]

Yeah same reason we left!

[@Renren07]

Looking for new deal…Company please???

[@JBoy340a]

AAA has already been expensive

[@jayphoun8045]

That’s why I’m still skeptical about all electric car, beside additional cost, i’m more worried about uncertainty and peace of mind. Thanks for sharing. It’s really helpful video.

[@radrcer]

Yep. If states cant get gas tax from you - how can they milf you? Higher insurance, Higher registrations. States are making ev owners reconsider.

[@Veterans-e2c]

I came from high power horsepower M5 and GT350R. Drove my best friends Model S loved it. I then borrowed one from Tesla for a week. Then bought one model S long range. Love it. Saving me thousands. Thanks

[@mocheen4837]

I was looking at a GT350 but ended up buying a Model Y Performance instead. I have a Model 3 Performance as well. I have a BMW M3 but I hardly ever drive it. I was wondering how much I would drive the GT350. It would not be much as it is not as practical.

[@ronolson2024]

I bought a 2012 used Prius v 5 years ago & do my own oil & transmission oil changes. Have only gone through 3 sets of tires in 84,000 miles. Only maintenance I've had to pay for is coolant change for $200. Love the 42 MPG it gets plus I can haul an 80 gallon water heater with the doors closed. I can still outpace F-150's as their engine's are governed at less than 100 MPH.

[@frederickfaller899]

Wait till gas goes up to $12.00 dollars a gallon and you know it will too late then

[@jamesaa007]

@@frederickfaller899 You think electricity prices will never rise in the future?

[@SifuBang]

Hybrid is the way to go but what do I know

[@evanhil02]

I wish we in the US could get the Prius V with the third row, like in Europe. I settled for a plug in Prius and loved it, but the ridiculous tiny battery just wasn't enough. And having a much more complex drivetrain system just meant more things that could, and did, break. So when it got totalled, we bought a cheap Bolt and are never going back.

[@evanhil02]

​@@jamesaa007lock in your electricity rates for the next 25-ish years by getting solar

[@SamMasghati]

This are just US problems. Registration is the same for ev's and ICU's in europe (about 200 dollars), every tesla must come with a front licence plate. We also get the mobile charger free with it. Trial Connectivity plus is only valid for a month though.

[@dreverydayjan]

Wow thats nice

[@TB-up4xi]

Even better for Australia - other benefits for EV's over ICE in Australia include - State based stamp duty exemption (this is a duty / tax of about 4% based on the total value of the car on first registration and every subsequent transfer between owners) - Less luxury car tax (a tax of 33% of the value of the car on purchase above about $50k USD, this does not apply to EVs until they exceed $58k) - No salary package tax (20% of the total purchase value is taxed per year if you package / receive a car as part of your compensation) - exempt for EVs - We get car mats - don't forget the car mats! - Premium connectivity is $9/month but that's AUD = only $5.70 USD - Enhanced Autopilot is $3260 USD, FSD is $6450 USD

[@raymondc.8579]

lol in NYC, I’m paying 500/month on insurance. And that’s actually a GOOD deal for someone with

[@litestuffllc7249]

That is a good point about the Registration but as you note - the car costs more. One thing that is becomging more prevelent is - Extra EV charges for road tax - since many EVs charge at home; the state gets no taxes from that to maintain the roads and pay for the state patrol so in my state Washington there is a $750 Extra road tax for EVs. To be fare those the State drops sales tax on EVs so you save up front but they make you pay it back in 3-4 years with this extra tax; and in 4 or 5 years you'll be paying more over all taxes.

[@harriettanthony7352]

Gee! rather then penalize an EV drive, how about the States cut out about 2/3rds of the states employees; like "Official X's dog walker, or hooker or?

[@garrettstickel1189]

California is trying to tax everyone based on miles driven so the makes your point moot. so pay a crap ton in registration fees each year, have government track your movements, and pay a tax per mile driven!! yay!!!

[@SamsonRamirez]

Thanks for sharing the info. I just ordered and used your referral link. Cheers!

[@dreverydayjan]

Thanks, & enjoy your Tesla!

[@erichchan3]

I can't believe you got ticketed for the missing the Front license plate. Like 90% of the Teslas I see have no front license plate.

[@dreverydayjan]

We were shocked too! I guess it depends on the cop & mood

[@ezingles698]

They can get you for anything, except street racing which is totally acceptable 😂😢

[@donthompson7889]

You can't believe Tesla owners are subject to the same traffic laws that owners of other cars are? You have a well-developed sense of entitlement.

[@marketbuy]

An Asian cop on a motorcycle from Irvine PD ticketed me for no front plate. I drive a Nissan Ariya. The cop said he owns a Model X. Obviously, he’s after “non Tesla owners”. HATER!

[@johnsonbui]

Nice video i dont own one but sure learned alot thanks😂😂😂😂

[@Purplengold09]

Thanks for the thorough cost breakdown , Jan

[@thegumbychronicles4892]

In North Carolina, my registration fee was $ 340. Insurance is $80 per month. Cost to have an electrician install the home charger was $ 1095 all of was refunded by Duke Energy. I haven't put on any film and wash my car at home. Charging costs are 14 cents per kilowatt. The car is fully paid for. No front license plate holder for North Carolina although one came with the car. I bought the Tasmanian floor mats which are great. A few other accessories totalling $ 100 plus a shade for the glass roof. . I've had the car for 5 months and love it. I have a truck that I haven't put gassed up in months since buying the Tesla.

[@HHRS]

I'm in NC and I got an insurance quote for the model y standard range for $4000 a year; ( I'm 41 years old with own home, credit score 700+)

[@johnshepherd708]

Any tickets, accidents? How many drivers ...any under the age of 25? @@HHRS

[@marketbuy]

I crossed shopped a Model Y and a Nissan Ariya for car insurance in CA. My Ariya cost me $98/month with anticipated driving of 13,500 miles annually. This includes gap insurance for the first 2 yrs. California just had a premium increase in Feb 2023. I was told my premium will be going up in Jan 2024. Insuring the Model Y was 30% MORE than my Nissan Ariya. It pays to do your due diligence. Bye bye Tesla!

[@jerz8289]

Hint. Move out of California- that has got to be the worst place, government wise, in the United States (maybe with the exception of New York). Our insurance here in KY is 140 a month for a M3 standard range and a M3Performance. One-time taxes were steep compared to North Carolina (which is where we moved from) at 6%. Tire cost is relative- the cost will be derived from the tire size. The lower profile and bigger rim size, the more expensive. And, going from 20” to 21” will incur a sustantial price hike. The most expensive tire I ever purchased was for my BMW X5 45e.. 530 dollars for ONE Bridgestone Alenza. I replaced the front tires for my Model X and the total cost for high-grade Continentals was 490 dollars.

[@davidlindburg1921]

My heartfelt gratitude to private owners and Hertz sharing their ownership experiences. The high insurance is owing their flammability issues (not luxury). Waiting four years has saved me a ridiculous amount of money, grief and anxiety. EVs - saving the environment at 20 tonnes CO2 emissions per vehicle manufactured at a time.

[@paulrybarczyk5013]

The fuel savings seemed mostly ignored relative to the $1020 of electricity for 20K miles. A similar performance gas car will average 30 MPG at best. California gas averages about $5.50/gallon recently, which would cost about $3700 for 20K miles.

[@edwinjones7307]

Well spotted batman.😅

[@FilmEngineer77]

Thank you for the review. I've owned my Lexus RX for six years, but the cost of gas has doubled since I purchased it. I'm considering a Model Y as my daily driver.

[@SkyNetGeneral-]

What if you need to pay $10k for a new battery after 150k miles? I don’t think it’s logical after you saved on oil changes, bake service and gas.

[@nicholasmuni7995]

This was very informative, thank you.

[@sclinder]

I have also owned my model Y for a bit over three years. I just had an unexpected expense. The AC compressor failed and sent metal fragments into the cooling system. This repair cost me about $2500. I live in Southern AZ, so the AC gets a workout, but the car only has about 68k miles on it.

[@fyoukungflu5881]

ouch, thats brutal

[@dreverydayjan]

Wow that sucks, sorry to hear that

[@fyoukungflu5881]

@@dreverydayjan That's not the first time I've heard of that issue as others with 3 and Y have also suffered the same thing.

[@yingyisun9]

My Lexus’s A/C has been working over 20 years

[@Studio89Graphic]

@@yingyisun9 Our/my Subaru Legacy Model L 1992; A/C worked until car was stolen in May this year 2023; Cost us $2k for Maintenance since 1992 -- that including the Original Timing Belt changed in 2019... And our Camry 1993 V6 LE ran/runs like a Charm... Own A Tesla if someone likes to brag about; but not us... Regards,

[@chaundario8449]

Hi! Ordering my Y TODAY! Where can i find your REFERRAL LINK????

[@westcoastjj3658]

This video helped me decide to buy the Volvo EX30! I have a leased C40 Recharge now and haven't paid most of these upcharges you are paying for things like connectivity, that is free, a level 2 charger is free and it also acts as its own wall box because the car itself is programmable for time and charge rate and amperage, and the cord has a level 2 and level 1 adaptor. So you just plug it into any regular outlet or dryer outlet. For the panoramic roof, there is a $400 screen you can buy for shade. And now also a Tesla tap adaptor to use at Tesla chargers, although in 2025 they will be producing Volvos with NAC (Tesla) charging built in. But what I most like is that the satellite and internet connectivity is free. The over the air updates are free and the car runs on the Google platform, and Google Play is free, and you can download many things off your own Google Play account and run them free in the car, incl You Tube, Spotify, Alexa, Prime Music, Apply Car Play, Waze Etc. The C40 only has 225 miles of range at 90% battery though, and that is not good enough for roadtrips, which is why I am looking for a different EV. The EX30 is 275miles at 90% and that is real, usable range. Anyway thanks for this video, for the price I can't really beat the EX30 at around $42000-$47000 without the yearly add on expenses you mention here.But not eligible for the $7500 rebate. By the way South Carolina charges $500 for the EV road tax at purchase to make up for not paying gas tax.

[@chyldstudios]

Another pro of getting a Tesla: Every trip is like a roller coaster ride - because they are sooo fast!

[@dreverydayjan]

Yessss!

[@skywave12]

I like the maneuverability. First to make the Acceleration pedal like the Brake depending on situation. In the meantime I love the regenerative braking of the single pedal that I use mostly.

[@lelecapixaba]

Hey! Thank you! I was about to place am order with tesla. Those variables must be taken in consideration for sure.

[@dreverydayjan]

Yes definitely!

[@kyoung5600]

I live in CA and don't have front license plate for almost 20 years now, not a single ticket. It's going to be a fixing ticket with no fines for the first time, no worries.

[@joebrown4138]

same here

[@dreverydayjan]

Nice! Yeah usually they dont really care but we got unlucky

[@heythave]

If you park at the airport, they will check and ticket you.

[@heythave]

Plus, it’s the law. Just get it done. If your car is stolen, your car is more visible.

[@kyoung5600]

@@heythave Don't give a F

[@romeos7829]

Excellent video you wrapped everything and gave us an in-depth idea . Thank you

[@bingefreak1]

I read a comment somewhere where people say that the reason tires wear down faster is because some people tend to drive more aggressive in electric cars. I had a Nissan leaf where the tires lasted for 45k

[@chrisreinbold9688]

I drive a Model 3 and got close to 50K miles on my first tires. The weight is a factor, but using proper tires with speed and load rating and conservative driving techniques will extend their life to comparable ranges.

[@kevinkidneyy]

Paid off 21 Tacoma here love my truck . I like watching tsla videos

[@AD-lf9ck]

Thank you for your all your hard work in making this video for us. I'll keep my lexus till it dies 😊

[@dreverydayjan]

Yes Lexus, so good for lasting forever!

[@aeronYTco]

Thanks for your honest opinion and comparison between gas/hybrid car and a battery electric car.

[@Demobot1]

Reading these registration numbers is crazy. I'd pay $85 CAD to register a Model Y. Im stll shopping around for the best insurance quote but i mayvstick with who I have.

[@stonecold3697]

This was informative, and well done. I watched another lady who did a review on her car and she seemed like she didn't have the slightest clue what she was getting into purchasing a Model Y.

[@MikesProjectsandHobbiesMC]

Your PPF seemed to cost a lot. Question, do you put PPF on all of your cars?

[@K03sport]

in theory, you only need it to protect the front, where most road debris damage occurs....however, it sounds like see covered the entire car (more time and material) and that is the reason for the exuberant price. bumper, partial hood & fr fenders should be much much less.

[@chaundario8449]

HI! GREAT VIDEO! BUT WHERES THE REFERRAL LINK?

[@jimmysoriano2169]

You should add to your comment that there are State DMVs that are cheaper than what you mentioned. Case in point: Hawaii base their registration fees on vehicle weight. To which I initially balked when knowing that an EV costs more to register. I now understand the logic, since they're heavier and makes more toll on roadways.

[@frederickfaller899]

And it’s worth it

[@evanhil02]

Not to mention that many states give a tax credit for purchasing an EV, some even for a used EV.

[@billpaliwoda5012]

I have Travelers as my insurer and I pay $1400/yr in NJ. Also, since a front plate is mandatory in NJ the car came with the Tesla plate mount for free (and they even mounted it for free)

[@jabulaniharvey]

Interesting (and correct) take on regenerative braking...newer tech is always going to be fraught with extra costs, but i will take those any day in exchange for the abscence of noxious fumes...thanks for the upload!

[@rwalkenhorst]

"...regenerative braking, where they use the battery to slow down the car." Uh, no.

[@jabulaniharvey]

@rwalkenhorst it is a direct physical consequence of turning the drive motors into dynamos....the battery is the electrical load in this case.....the dynamos perform work in charging the battery and this work generates enough force to slow the car down

[@rwalkenhorst]

@@jabulaniharvey Yes, I know how regenerative braking works. The CNC machining centers in my shop had it more than 25 years ago to brake the spindles when the program commanded a spindle stop. On those machines there was no battery to charge, so the electrical energy generated was dumped into heating coils to be dissipated. So it's misleading to say that the battery in an EV is used to slow down the car. The battery is simply the opportune beneficiary of the mechanical drag that the motor/generators are applying to the wheels.

[@jabulaniharvey]

@rwalkenhorst same with the heating coils...they absorb the energy....her turn of phrase might have been a little lacking in rigour but basically correct

[@timothykeith1367]

If the fumes come from your own vehicle something is wrong with it. You can't avoid exhaust from other sources.

[@ThePlantUtopia]

I have a Volkswagon ID 4 and my insurance went down from my gas car. I now pay $67 a month. In Ohio, EVs are $200 extra per year. I haven’t installed a level 2 charger yet but I have 3 years of free charging on Electrify America so there is no rush. I actually love this car and will never go back to a gas car.

[@matthewgaines10]

In regenerative braking, the motors, not the battery are used to slow the car. The battery gets charged by using the motors as a generator, converting forward motion energy into electric energy.

[@DanielMorales-tl9ou]

Great information. I was talking to a friend about switching from a cheap suv unleaded 2005 Jeep Grand Cherokee to the cheapest Tesla available however after watching this video I will keep my CHEAP car. Too much cost owning an EV in my opinion. Life should be less complicated and owning an EV makes life more difficult.

[@CookandBakewithSamer]

Thank you for these details.

[@dreverydayjan]

Glad to help!

[@BlockchaininChina]

Looking at the Y here in China. Fortunately we don't have some of the California fees. Also, Teslas are cheaper here not to mention electricity cost too. Thanks for the informative video.

[@sentinelofchrist5718]

u guys are getting ripped off, the cost to register a car should not change based on cost of the car... its not like insurance. it costs the government the same to register any car, so it should charge the citizen the same price accross the board.

[@cleanitup_pls7893]

I had a reapair covered on warranty. Paid $6 for windshield washing fluid. I use Tesla insurance and cost is monthly about $95/mo ave. The scoring is not very situationally smart so the score is usually lower than it should be but the bill is much lower than other insurers costs so I put up with the scoring frustrations.

[@MC-gj8fg]

Maybe it's a CA thing, but no state I've interacted with on the east coast charges more for a Tesla, and certainly not anywhere near those prices. At most, heavier vehicles (typically pick ups and full size suvs) might cost a few bucks more.

[@MadisonFalcoFoods]

My quote for a 2018 Model 3 was $600 a month with Progressive. I’m in Texas. I’ve had Progressive within the last year before obtaining by Model 3 and I paid $140 a month

[@paulntx]

This is an eye-opening video. My car is a 2017 golf GTI. I now pay more for insurance than when the car was brand new. All thanks to the rising repair costs associated with EVS. I'm not hating on Tesla. I'm referring to all EVs (and 90K pickup trucks). They are costly to repair and that affects everybody's insurance prices. I've driven three model Ys and I love the car. But repair bills and insurance costs scare me away from ownership.

[@CheeseCream1205]

The Tesla insurance is cheaper depending where you live because of the driving score.

[@lukasfoo]

I live in CA too. I paid $298 registration fee. My yearly insurance from Tesla is $1812.

[@joebrown4138]

My insurance is $195 for six months, do you guys have a lot of tickets or something?

[@lukasfoo]

@@joebrown4138 wow, that’s low. I haven’t had a ticket in 30 years. Where do you live? I live in Corona, CA.

[@joebrown4138]

Sac@@lukasfoo

[@Cocoatreat]

Must be nice!! I live in florida. We don’t have tesla insurance as of yet…..i have a LRMY…….my insurance is brutal……(about $3500/yr) i am a safe driver & i have not had a ticket in years….i did have one accident….but that was in 2017.

[@JasonTpersonal-ey5mx]

you should find another insurance company, I'm using State Farm and live in St. Petersburg, FL. Only pay 1200$/ year for my tesla model y bought in 2023 @@Cocoatreat

[@petrthingsilike8487]

That is a hell of a rip of with the DMV registration in California. WOW. In UK, the registration is £55 ($70 ish), period. Doesn't matter what vehicle you have. The fee is the same.

[@cai0]

I'm in Australia, and the registration fee in my state is lower for EVs than for ICE (it's calculated per cylinder, and EV is considered "1" for this purpose). Also, my insurance is the same as my previous car (Subaru). Accessories are optional, for all cars. Only mobile charger should really be considered (mine was free). I have to agree on the tyres part, but everything else is cheaper so far, especially having solar at home.

[@solo9509]

Insurance for my Y is ~$500 / 6 months. My OE continental tires wear way less than those on my other performance cars (I'm in chill all the time, cause I prefer its ICE like linear output). I bought online high quality PPF for the front half for ~$700 and did it myself. So far total $339 charging cost for ~10k miles. That's all. Not a single issue so far

[@heythave]

$500 for six months? What state?

[@MasterYourUniverse]

What state and what insurance company?

[@TB-up4xi]

A lot of these are only applicable to your specific circumstances / location but it is worth pointing out these costs for people to do their own analysis, also pointing out it's not like for like per car - Imagine going from a Prius to say an Audi SQ5. For example for me in Australia I did a more realistic like for like swap from a 2019 Audi Q5 V6 twin turbo diesel (SQ5), we put 48,000 miles on the car in 3 1/2 years - it went through 2 sets of tires (even wear all round) and total operating costs (in $USD) was $15,200 over that time (ex registration & insurance) - At $700 a year for the Tesla my insurance is $200 cheaper. The Tesla is actually lighter & registration is weight based so my registration is $90 cheaper and my tires are lasting longer and cost less per tire on the Tesla than the Audi. Diesel is $6 a gallon and electricity is $0.17c / kwh. I did spend $450 plus $900 on installing a 415V / 3 Phase charger, breaker and separate meter as well for the Tesla but it paid for itself within 6 months.

[@dreverydayjan]

True definitely varies based on circumstance & location

[@Studio89Graphic]

Unfair, unparalleled comparisons: Audi Products known for unreliability and cost maintaining ─ though might look luxurious!! Get a Lexus LX 460 V8 and the Cost of Maintenance is like nothing in first 10 years of Ownership from New; and if one were to look for a Pristine Used LX 460 which would have saved about 10-15% = about 2-year-old and low mileage; and the next 8 years would be a boon. The Tessie Moroons if one "had" bought in October 2022; and even only had driven 50 km = yes 50 km only; the Resale value of those Tessie Moroons -- Model X, Y and/or 3 would be 24-35% less in April 2023. (Yes only drove less than 100 km or 60 miles -- around the Lot and parked only) = What's a Laugh 😆 😆 Only Fools would do so investments! You lost big time! Buddy!! Tessie Owners! Admit it and Move on do...t org! 😆 😆

[@pbm___000]

@@Studio89Graphicunfair? It was just an example of another real-world comparison -- no different than video itself. totally legit and useful info!!

[@cliffordnelson8454]

You went from probably the best car you can buy to junk. The Prius is probably the best ergonomics, and has one of the best reliabilities in the market. And the Prius uses regenerative braking also. The purchase cost is amazing good considering that you are paying about as much as a similar gas car.

[@mtdewramen]

I was skeptical at first, but you see 12 year old ones on the road. Toyota definitely knows their crap.

[@cliffordnelson8454]

@@mtdewramen It is amazing how many of the older models are still on the road. I have a 2017 and seen quite a few of the older models. Basically I think it is one of the best designs on the road, and it has such a great reliability record. I have the 2 eco, and driving from Salt Lake City to Las Vegas at one point with over 50 miles since I got gas I has 133 mpg. Unfortunately went down after that point. Going west across Montana I got over 80 mpg

[@mtdewramen]

@@cliffordnelson8454 is the upgraded version of the Prius worth it?

[@Roadrunner1-m6b]

I still have my 2016 Prius Running great😂 next year. I will buy something different. Toyota is awesome.

[@viewer7200]

10:54 Your Lexus and many other gas cars don't have timing belts , but a chain (never need to change ).

[@robertsmith6408]

Yup, only cost is two back tires, my fault because i am a speed demon. I have saved over 7500 in OC gas costs in 2.5 years, the Y is the best car I have ever owned, completely happy!

[@mandelm2001]

My Tesla insurance is $60/mo. Virginia does not have high registration fees but they have an annoying property tax. Las year my tax went up because prices were so high, this year they should come way down. But that has nothing to do with it being an EV, just the value. I paid $1100 for an electrician to install a level 2 charger in my garage. That will be a selling point whenever we move. I have since discovered dryer/EV splitters that cost $200-300. But no repairs, oil changes, or other maintenance costs. I also found that tire manufacturers now have EV tires that last the same as ICE tires and cost the same. A ceramic spray that costs $12 is all you need to protect the car from bugs and small rock chips. Accessories cost about $500.

[@bvans6439]

It’s a terrific video, Cali biased, but well organized and helpful. Thanks!

[@pbm___000]

CA biased in what way? Curious how other places are different?

[@ruisucepi]

@@pbm___000 im guessing because the youtuber is from OC, CA; and the prices and fees are much lower than other states. So yes, it is CA biased; but it is the viewer's judgment to see the ball park prices and fees in owning a tesla in their own home states. I live in Northern California, so i expect to pay a little bit more :3

[@robertsmith17359]

Coincidentally I'm considering a Tesla Model Y to replace my 2022 Prius Prime. Progressive insurance quote is ~$240 more to insure the Y vs. the Prime. Interestingly enough, our Prius Prime has 13,000 miles on it and the dealership said the tread is low and they tried to sell us tires. I told them that I wouldn't want to buy new tires from them if they only last 13,000 miles.

[@Galileo9.81]

The insurance premium surge just happened to our family, too. We pay twice a year for model 3 and Y. It used to be around $1700, but all of a sudden, our bill came to over $4300. That's about $9000/year for just two not so luxurious EVs with mediocre resale values. So, I tapped into the Tesla Insurance, and it became around $2000 or $4000/year. I know it's still expensive, but savings from pumping gas and maintenance somewhat offsets.

[@heythave]

Wow, a $5,000 price difference.

[@FlyWithTyy]

The video quality and editing doesn’t go unnoticed! Excellent job❤

[@dreverydayjan]

thank you!

[@pretty95138]

Thanks for the video. Very helpful. Nobody talk about these expenses. BTW, is the carpool sticker benefit ending in CA in 2025?

[@moisesceja5294]

Got to drop a like and comment for the great content

[@dreverydayjan]

Haha thanks!

[@mr.coleslaw]

I have a Bolt now and Chevy replaced my battery with a NEW one under recall. I have read other accounts of Tesla not replacing batteries but rebuilding them and giving you one of them and you are now looking at more often replacement at your cost.

[@bassmi4963]

I’m driving a Bolt EUV. No issues whatsoever. Great vehicle compared to expensive Tesla.

[@larzlarz1140]

Not sure what you’re going on about there. You went from a compact economy car to a mid sized luxury SUV. If you went out and bought an Audi Q5 or BMW X5, you’d spend more on the purchase, more on maintenance like oil changes and scheduled dealer maintenance, more on tires, more on car registration, more on gas and about the same as Model Y on insurance. You’d also spend more on PPF because legacy car makers have more parts and more individual body pieces that need to be covered.

[@anotheryoutubechannel4809]

yea like whatever. waste of time.

[@georgiagilmore7480]

Most people do not consider Tesla to be a luxury brand given the poor build quality and austere interior

[@anotheryoutubechannel4809]

@@georgiagilmore7480 I own a GLS 550 and a Tesla Model S. I rarely drive the 550 in favor of the Model S. What do you drive?

[@larzlarz1140]

@@georgiagilmore7480 which is exactly why the most common switch from an alternate brand to tesla is from a BMW. Because BMW is not a luxury brand either right? And tesla has the highest brand loyalty, at over 90%. What YOU consider to be a luxury brand is irrelevant. What the majority of consumers consider to be a luxury brand is very relevant. “Tesla Was the Bestselling Luxury Brand in 2022 based on the amount of new vehicle registrations, Tesla beat out BMW for the U.S. sales crown by a massive margin”. Car and Driver, February 16, 2023.

[@PhillipDavis830]

One of the selling points of EVs is the lower maintenance costs. You go on to say it will be higher because it a luxury car.

[@raymondwong2521]

Yes, you are right. I am in the same boat, I like not having to go to gas station and charge my EV at home. However, if one is a renter and the location is a condominium with no charging facility on site or near by, or if a renter rents a house, but the homeowner refuses to have level 2 charging station installed, then it may not be that feasible to own an EV. If one has to go out of the way of everyday's driving to charge the car and brave the rush hour traffic, it is simply not recommended. A hybrid vehicle will suit better in that situation. However someone like you and me with our own home and with Level 2 charging station insalled, of course it is more convenient. Yet, I and my wife both have Teslas, charging both when both are low on charge is not very good either. It takes 6 to 8 hours to fully charge one, then charge the other. Yet, the low-costs hours for electricity is only between 12 mid-night and 3 pm. I and my wife both need to get up and drive to work by 7 am and 8 am respectively. I have to get up at 6 am and put the charging cord onto my wife's car to charge for 2 hours before she drives. So, imagine you have 3 EVs in the house, charging will be an issue at times if all the 3 EVs are low on charges and need to be charged at the same time. That is unless you have a public DC fast charging facitiliy within reach from your house (no more than 3 miles away). Else, it is just a lot of hustle driving to charge and come back home, especially if you live in a metropolitan city like I do. Something to think about.

[@pierre10000]

Do you know that in Switzerland (and probably Europe) the access to the camera from from the Tesla app is blocked? I can only assume this has to do with legal requirements for cameras in public places. But I find it difficult to accept that Tesla not be forthcoming about their actual car features. What other features are also unavailable depending on geography ?

[@dreverydayjan]

Interesting, did not know that!

[@bravo320zf]

I feel like a good portion of the extra expenses she is talking about is because she lives in California. My tags transferred with no extra expenses here in Florida and I'm pretty sure I have little to no tax to pay extra for owning a Tesla. Lol insurance is about the same for me and I have Statefarm. I was also driving a 2023 Toyota Highlander and driving 160 miles each day for work. Which in today's gas costs is around $90 a week in gas plus an oil change every month and a half. For my use the Tesla is a major savings. Also, my local power company in Florida has a deal where they come out and install a charger and then I only pay $31 a month for unlimited charging at night and on the weekends. :)

[@arthurschalick2362]

I just got a Model Y last February and it came with a front license plate holder in the trunk. I ordered a replica license plate that sticks on the front bumper cover flat. It's more aerodynamic, easy to clean and imposable to steal.

[@pbm___000]

ya, both my Tesla's came with front license plate holder

[@StormyDog]

They always come with a front license plate holder. If you don't have one they will give you one for free. She has a lot of exaggerated and misinformation in this video.

[@jpvisualshots]

Thank you for the information!! I’m more than ready to move over to EV. I spend around $11,000 just on gas. 😅

[@PaulA.685]

Answered all of my questions thank you!!!!

[@gerardy7500]

So the savings from Petrol & Service is absorbed by higher insurance and registration fees not including battery charging. I'm still trying to figure out if it's worth transitioning from ICE to EV!

[@winwin2369]

I like the comment about timing belt however most vehicles come with a timing chain these days which is supposed to last the lifetime of the vehicle. That said this is a very informative video.

[@bigjdm5460]

@@Elaba_ weird, dnt ever remember replacing a timing chain when I was Nissan tech and the 3 years at Toyota recently I never seen that

[@heythave]

Brake fluid, power steering fluid, timing belt, starter…the list goes on and on.

[@bigjdm5460]

@@Elaba_ still was a tech at Nissan and never seen a chain getting done in 3 years. I’ve seen timing chain plastic guides get worn on certain early model 4.0L V6’s found in the frontier, X terra , and pathfinder . Forget the generation. But a chain never.

[@adamnugent2137]

awesome content, Jan. liked and sub!! I just called my insurance carrier today to get a quote for a model y. It is insanely expensive. it would cost me more than my two of my current vehicles per year. Not to mention the registration fee. but then I heard there is a proposal to increase another $1 on gasoline starting in this July, as if it's not already crazily high currently comparing to most of the other states. a really tough decision to get a model y right now.

[@jmel1746]

Please remember, everything in California (and the West Coast) is more expensive than other parts of the country. For instance, I recently moved from Washington State, where yearly license tabs were $425/yr for my 2018 LR Model 3, plus an additional $150 EV road tax. In Texas, I pay $80 for tabs which was spectacularly cheaper u til this year when they slapped on a $225 annual EV tax. Still, much more affordable than tax-happy states. I wax my Teslas, usually double coat on the nose, hood and mirrors. The bugs wash off easily if you do this once/year. Thats much cheaper than a $5,000 wrap! I bought my current home as an investment, so never planned to be in this specific home very long. Since I work mostly at home, my wife (also owns a Model 3) and I just plug into the garage 120v outlet. Pretty low tech for sure, but we seldom Supercharge - only on the occasional long drive. My wife also transitioned from a Prius (to a base Model 3) and we spend far, far less on any maintenance. The Toyota was so gutless and slow, not to mention dangerous to drive in the wet ( narrow tires and wheels ) and very tiny and plasticky to save weight for efficiency. The older the car got, the less " efficient" it was - it began using oil at 50,000 miles and we had a less-diligent friend with the same model whose engine blew up because they didn't add oil all the time like we did. There was filters, belts, 12v battery under the rear floor that needed a technician and special tools to replace every 2 years. There was state smog checks, brake pads, tune-ups and HID headlights that went out literally days after the warranty expired. Toyota faced 2 class-action lawsuits on that while sending Prius owners crazy letters telling us to "cycle our headlights". Headlight repairs cost between $680-2300 and Toyota finally caved, extending warranties for headlights only putting Prius owners in stress, hoping their HIDs would fail in time! Then, when you pass 100,000 miles, the stress begins again as you knew your NIMH drive battery would soon need replacement at great cost or the car was basically a throw-away. Hybrids have two powertrains just adding lots of complexity and things that can go wrong. I would say the simplicity of EVs brings so much peace of mind and our electricity costs here save us tons vs gas, even though gasoline where we live is over $2.25/gallon less than California. If you buy an EV, your costs will be tires more often due to vehicle weight and much higher torque. Also, 12v or low voltage batteries can last 2-4 years and will be replaced under warranty. Newer Teslas have a lithium ion 12v battery which lasts much longer. Its a good question to pose when buying an EV = "is the 12v battery lead acid or li ion"? The one sticky point with Tesla or any EV is end of warranty. We need right-to-repair laws that allow independent shops to spring up that repair EVs. Both of our Teslas are beyond warranty, thus a stress point of mine, meaning any future issues will be costly, and must be done at a Tesla Service Center. There is one shop in Seattle I know of that dies work on Teslas. Of course, if you live near Phoenix, there's Gruber Motors and I believe there are two Electrified Garages, one in the Boston area and one in Florida. Thats no help for thkse kf us who live elsewhere! Your electric car will blow your mind. It will be a revelation in traffic when you're able to scoot with unbelievable quickness due to the tremendous torque. Annual maintenance to me is washer fluid and making sure the psi is correct in my tires. No toxic exhaust if you leave it running. Clean air and the smoothness that $180,000 gas cars can't match. Charging at home = utter convenience. Passing a line of cars at Costco who are waiting to save 35 cents per gallon and remembering that used to be you! Its not perfect, but it pales to the slave I used to feel of petroleum, oil changes, smog inspections, alternators, starters, mufflers, belts and ripoff mechanics.

[@steves2241]

In Illinois the license plate renewal sticker is $151, but if you are disabled or over $65, it is only $10.

[@foolishEmporer]

use chill mode and drive carefully will save your tires

[@garrickbradley6774]

Thanks, great information!

[@frankcheung99]

$3300 a years that is crazy! I live in New York City and own a Prius Prime and a Sienna, Pay $2500 A year for 2 cars, full coverage...

[@benjamindbarr]

We saved $5 a month switching to the 2023 tesla model y from a 2018 dodge journey... for two cars with an umbrella policy as well we are paying 1700 per year. So insurance may be more dependant on where you live and the type of car in general that you're coming from more than just "teslas cost more to insure"... like all cars i suppose.

[@dreverydayjan]

Wow im jealous, yes insurance definitely varies & dependent on multiple factors!

[@jogginboy1]

No such think as peak hours in Manitoba in Canada, and electricity is $.092/Kwt which is $0.069/Kwt in USD

[@cemreaj3405]

nope in caifornia / los angeles 0.24 cents off peak hours 12am4pm and 4pm 11.59pm peak hours 0.78 cents

[@6JWB9]

Did not expect this either... EVs aren't for traveling yet... I drove my MYP from New York to Kentucky and back (about 844 miles one way). I only used Tesla supercharger (10 stops each way), averaging about 30-40 minutes per charge. The total charge was a little over $300. The weather was around 29~34' fahrenheit and my average highway speed was around 85 mph. But if I had driven my 2016 Hyundai Sonata (18.5 mpg/500 miles), the cost for the same trip would have been about $200... that's a lot less money and time than MYP! 😢

[@ChargeToDrive]

There is something wrong in your calculations, I have a Model Y Long range, I average about 4 miles for every kWh, your performance model Y should average little less around 3 to 3.5 miles per kWh, you drove 844 miles that's about 250 kW used, supercharging usually cost double what you pay if charging at home, the highest per kWh is around $0.43 X 250 kW your cost for the trip ONE WAY should be around $108 not $300

[@6JWB9]

@@ChargeToDrive It's hard to explain, but if you take a long road trip someday, you'll know what I mean. Tesla Supercharger rates vary by location and time of day. I charge my Tesla daily at home similar to what you calculated.

[@ChargeToDrive]

My calculations of the supercharging at $0.43 was based in California which is daytime charging. I understand what you’re saying, cold weather plays a huge role in the efficiency, thanks for the reply.

[@6JWB9]

@@ChargeToDrive 😀🤚🏻

[@grazz7865]

Registration costs usually go by the weight of the vehicle-at least that’s how it is in NY. Flashback 35 years ago, I got pulled over in a 1974 Cadillac fleetwood and the only thing the cop was interested in was that I paid $$$ for registration because it was a REAL car coming in at almost 6000 pounds. 😂

[@jkk2940]

Very useful info. Great job on this. Here come all the tesla videos in my feed now.

[@dreverydayjan]

Haha thanks, get ready for them!

[@anthonyheak3479]

Thanks for explaining the cost of Tesla ownership. Good to know.

[@uzomarose]

Thank you for your content and transparency. I have been researching these additional costs......... I am also a fellow prius lover ready for the upgrade Thank you for helping me make the transition in reality Om namah shivayah, we bless your existence

[@dreverydayjan]

Glad to help, it's worth the upgrade! (in my opinion!)

[@uzomarose]

@@dreverydayjan I totally agree that It is worth the upgrade. I am just timing my purchase......... with wedding, honeymoon, new house build/purchase......... Thank You for the support

[@dnguyen787]

It is terrible to know that you have to give up your privacy when owing an EV. Because it collects data how you drive, where and when you do it...

[@rosco92088]

Privacy is given up anyway unless you're off the grid............

[@dnguyen787]

@@rosco92088 How???

[@sd24734]

@@dnguyen787 You don't think your phone tracks things you do and places you go? Also why do you think only EV's track you... How do you think On-Star or other services like that know where your vehicle is at all times or when it is in an accident... So trust me all the things they can do with Tesla other modern cars also can do... The electric motor isn't what makes them able to track things it is the internet connectivity that it has and so many other new cars have the same feature.

[@dnguyen787]

@@sd24734 You can tell your phone carrier to stop to sell or collect your personal data, ok?

[@johntalbert8227]

You been doing it in the car?

[@Trashed20659]

Higher registration fees help the State recover lost gas tax revenue needed to maintain roads. No free lunch there, but you still come out ahead in fuel and maintenance costs.

[@EverydayChris]

nice video!

[@dreverydayjan]

thanks bruh! 😉

[@skywave12]

Have a 2019 M3P California registration is ~$700, Insurance $1685, applied myself 9H ceramic coating even over the glass, works like near permanent rain X. Battery degradation is more from age than anything else as I can travel 282 miles based on Recurrent auto watching the car on the network. Nearing 40 K miles on it. Just had service for the low volt battery replacement. Am on second set of tires at the vehicles life. Recharge at work is free so far. You can save a lot depending on situation it seems. I do like it's old sonar sensors. Have Full Self driving. It is relaxing to have a co pilot to dis engage at times. Fun car to drive.

[@alexmayer8943]

Nice video. Thanks for the info.