Man breaks down costs of owning Tesla Model 3 over 4 years and 60,000 miles – comparing it to what he would have spent on gas over the same period

A man in the UK who’s owned a Tesla Model 3 for four years shared the true cost of EV ownership.

He bought a Model 3 about four years ago, and he’s done 60,000 miles with it since.

Apart from the amount he had to spend to ‘refuel’, he also shared other cost items.

The result, predictably, is pretty good.

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What it cost him to run a Tesla Model 3 for four years in the UK

Andy Rogerson, who goes by Electric Vehicle Man on YouTube, explained what his Tesla Model 3 cost him over a period of four years, and that’s including electricity, service, tax and tires.

EVs still benefit from a variety of tax breaks across the board, which means he had to pay $0 in taxes.

Mind you, that’s going to change soon and, starting from April 1, 2025, he’ll have to pay £195 – or $238.

In terms of service, or MOT as it’s called in the UK, he only had to spend £221 – equivalent to $270.

He did go through three sets of tires, which to be honest sounds a bit excessive, and that cost him around $2,422.

The big question is how much he spent on ‘fuel’, by which we mean energy.

He said he charged the equivalent of around 50,000 miles at home, and 10,000 using Superchargers.

He said he ended up spending around $2,140 charging his Tesla, which is not bad considering using gas in the same time period would’ve cost him an estimated $9,600.

Are EVs cheaper than internal combustion cars?

The short answer to the question is ‘yes’, charging an EV is basically almost always cheaper than gas, and EVs have fewer components, which means fewer things can go wrong, which means less maintenance.

Having said that, EV ownership also depends on a variety of factors, including the vehicle you’re using, and whether you can fit solar panels on your vehicles.

For example, the range-topping Cybertruck is capable of running 500 miles (800 km) on a charge.

But a YouTuber put his truck to the test and he only got around 80 percent of that, and another said it was only marginally cheaper than gas cars anyway.

Also, we should remember that even though the situation is changing rapidly, charging EVs is still a bit slow.

It’s also a lot slower than hydrogen cars, with some hydrogen vehicles only taking seconds to fill up.