Six-Year-Old Tesla Model 3 Ownership Costs: $375 To Drive 16,000 Miles

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Six-Year-Old Tesla Model 3 Ownership Costs: $375 To Drive 16,000 Miles
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That’s just over 2 cents per mile, which is crazy low. Try matching that with a gas sedan.

2018 Tesla Model 3 Long Range owner details how much it cost to run the EV for the past year. The car has 132,000 miles and recently needed a new 12-volt battery. Everybody who knows anything about electric vehicles knows that they can be much, much cheaper to run than comparable internal combustion cars. This, coupled with the fact that you can charge at home–just like a smartphone–and have the car topped up every time you leave for a trip, is one of the biggest selling points for EVs.

The total cost to charge the car was just $375, which comes out to $0.023 per mile or $2.3 per 100 miles. That’s four times less than an equivalent gas-powered BMW 3 Series with a 3.0-liter engine would need–according to the EPA, the German sedan needs 3.4 gallons of fuel per 100 miles and the average gas price in the U.S. is $3.2.

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