Young American Model X owner reveals the three hidden costs you don't get told when you go to buy a Tesla

Buying a Tesla Model X, as with many EV purchases, comes with a bunch of hidden costs, but this young American owner is giving everyone a heads-up on how much cash to set aside.

EVs aren’t as simple as gas cars, that much is for sure.

But as we all make the transition to a cleaner carbon wheelprint, buying an EV seems inevitable at some point.

Yet amid all the confusion about what we’re actually walking out of the shop with, one Tesla Model X owner has revealed three added expenses that you will need to budget for.

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Tesla Model X has some expenses that you might not consider

At the top of the anxieties about EVs is charging. Whereas gas fill-ups are easy, but expensive, on-the-go charging is lengthy but expensive.

That’s why home charging is the most popular, cheaper choice. Still, installing the kits is not a cashless feat, just as this Tesla Model X owner revealed.

Taking to YouTube, ‘urfavtesla‘ explained that the first ‘hidden cost’ for owning a Model X is the installation charge for the home charger kit.

With the kit itself priced at $475, this is just a third of what you actually pay to be able to begin charging at home, as the Model X owner said it cost him $950 more for the installation process.

Continuing his list of hidden costs, the YouTube personality added that insurance premiums are much more costly on cars like the Model X, with him being quoted $400 a month.

Finally, the big ‘slap in the face’ is the vehicle registration fees in America, which are $200 for EVs (double that of hybrids, and nearly thrice that of gas cars), which is supposed to subsidize the avoidance of taxes on gas.

Is it all worth it?

Morally, the easy answer is yes, these hidden costs may be a hard bullet to bite, but it will help with climate change in the years to come.

Financially, that’s more ambiguous. Some people have claimed that their Tesla car has saved them $5,000 in charging fees versus gas prices in just 50,000 miles, which does outweigh the additional costs.

Others have claimed that they saved $2,000 in just one year by only using home charging and being strict about using off-peak times, which covers the initial installation.

Charging prices are only going to become more affordable, too, with certain initiatives in place to help reduce expensive spikes and reduce bills at public plug-in stations.

The EVs do work these savings into the price, often being more expensive to purchase than gas counterparts.

But if you can put up with the hidden costs, you’ll likely have more spare change in the years to come.

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