A Tesla may cost more to buy than a comparable petrol car – but what about running costs? We break down all the expenses, from charging and insurance to servicing and tyres.
Charging – what does it cost?
The biggest saving with a Tesla is fuel. The average European driver covers about 15,000 km per year. A Tesla Model Y uses approximately 17 kWh/100 km.
- Home charging (approx. €0.25/kWh): 15,000 × 0.17 × 0.25 = approx. €638/year
- Supercharger (approx. €0.45/kWh): Used mainly on long journeys
- Petrol car (8l/100km, €1.80/l): 15,000 × 0.08 × 1.80 = approx. €2,160/year
Saving: approximately €1,500 per year on fuel alone.
Insurance
Tesla insurance typically costs €700–€1,400 per year depending on model and driving profile. Many insurers now offer competitive EV-specific policies.
Service and maintenance
No oil changes, no spark plugs, no clutch. Tesla recommends:
- Cabin air filter: every 2 years (approx. €60)
- Brake fluid: every 2 years (approx. €100)
- Tyres: every 3–4 years depending on driving style
Total maintenance costs: approx. €300–€500/year vs. typically €700–€1,500/year for a petrol car.
Battery and warranty
The battery is warranted for 8 years or 160,000 km (Model Y). Statistics show Tesla batteries retain 90%+ capacity after 200,000 km.
5-year total cost comparison
Over 5 years at 15,000 km/year:
- Fuel savings: ~€7,500
- Maintenance savings: ~€5,500
- Total savings: ~€13,000
With a Tesla referral link, you also start with 1,000 km free Supercharging or a cash discount.
Conclusion
A Tesla today is not just a green choice – it's an economically sound one. Especially if you can charge at home, the total cost of ownership over 5 years is very competitive.
Save even more from day one
Use our Tesla referral link and get 1,000 km free Supercharging or a cash discount on your new Tesla.