Tesla Model S Long Range Plus

TBD

AFTER INCENTIVES

$66,920

MSRP

$69,420

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ESTIMATED INCENTIVES

$2,500

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Loan Payment

$1,230 / month

Down Payment

$7,515

10% of MSRP plus tax

ESTIMATED INCENTIVES

$2,500

See All Incentives >

Lease Payment

$938 / month

FIRST LEASE PAYMENT

$8,453

See All Costs >

Incentives For Lease

$2,500

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TYPE

Sedan

Minimum Seats

5

FUEL TYPE

BEV

ELECTRIC RANGE

409 miles

MILES PER 30 MIN OF FAST CHARGING

~ 64 miles

TIME TO CHARGE - LEVEL 2

~ 12 hr 60 min

BATTERY SIZE

100 kWh

CO2 EMISSIONS REDUCTION

12,270 lbs/yr

Trees Planted

256

Gasoline Saved

870 gal/yr

For more details including charts & calculations, please view this page on a desktop.

TBD
TBD
TBD
TBD

Compare the Tesla Model S Long Range Plus to a similar gas vehicle, the BMW X3 M40i

20,000 miles

5 Years

$3.16


Assumptions

Results have been updated as of 12/23/2020, 9:19:50 PM.

Cost to Fill Up Monthly

The Tesla Model S Long Range Plus is $131 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
Tesla Model S Long Range Plus$98$0$98
BMW X3 M40i$0$229$229

Cost of Ownership

The Tesla Model S Long Range Plus is $2,264 cheaper to own over 5 Years



DescriptionTesla Model S Long Range PlusBMW X3 M40i
Vehicle$55,850$47,910
Maintenance$3,737$6,649
Insurance$10,454$9,857
Electricity$5,850$0
Gasoline$0$13,739
Total$75,891$78,155


We selected the BMW X3 M40i based on its proximity to the Tesla Model S Long Range Plus based on brand, size, and price.

Up to $2,500 in tax credits and rebates are potentially available
for the Tesla Model S Long Range Plus

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit


Customers who purchase qualified residential fueling equipment before December 31, 2020, may receive a tax credit of up to $1,000.

Rebate

$1,500

California Clean Fuel Reward


A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption


Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

Financing

California Clean Vehicle Assistance Program Beneficial State Foundation


Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

Rebate

$1,000

SCE Clean Fuel Reward Program


SCE offers a $1,000 rebate to buyers of new or used electric vehicles. (may not be combined with the California Clean Fuel Reward point-of-sale rebate). Applications must be submitted by December 31, 2020.

Special EV Rate

SCE TOU-D-PRIME


Southern California Edison (SCE) offers a special rate to customers for electricity used to charge PEVs called TOU-D-PRIME. This Time-Of-Use (TOU) rate plan has the same periods as our TOU-D-4-9PM rate plan option but offers the lowest off-peak rates of all TOU rate plans to optimize savings while charging your vehicle.

Rebate

Up to $500

South Coast AQMD Resident EV Charging Incentive Pilot Program


Incentive of $250 for the cost of hardware for eligible Level 2 residential chargers. Chargers not listed on the online application may be considered for the program. An additional incentive of up to $250 will be available for low income residents. Eligible vehicles must be on the Clean Vehicle Rebate Project (CVRP) eligibility list. This rebate can only be stacked with other programs towards the cost of installation.

Charging Stations

Public stations
Installed by business or government
High Power Stations
DC fast charge or superchargers
Other Types of Stations
Private stations