Tesla Model S Long Range Plus

AFTER INCENTIVES

$67,920

MSRP

$69,420

ESTIMATED INCENTIVES

$1,500

Loan Payment

$1,225 / month

Down Payment

$7,480

10% of MSRP plus tax

ESTIMATED INCENTIVES

$1,500

Lease Payment

$934 / month

FIRST LEASE PAYMENT

$8,414

Incentives For Lease

$1,500

TYPE

Sedan

Minimum Seats

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

9,415 lbs/yr

Trees Planted

196

Gasoline Saved

870 gal/yr

See the FAQ page for detailed explanations about your EV

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

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

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$2.95

Assumptions

Sales Tax7.75%

Electricity Rate$0.1169/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 1/11/2021, 10:45:25 PM.

The Tesla Model S Long Range Plus is $138 cheaper to fill up monthly

See the FAQ page for detailed explanations about your EV

Vehicles	Electricity	Gasoline	Total
Tesla Model S Long Range Plus	$76	$0	$76
BMW X3 M40i	$0	$214	$214

The Tesla Model S Long Range Plus is $1,704 cheaper to own over 5 Years

See the FAQ page for detailed explanations about your EV

Description	Tesla Model S Long Range Plus	BMW X3 M40i
Vehicle	$56,503	$47,625
Maintenance	$3,737	$6,649
Insurance	$10,454	$9,857
Electricity	$4,559	$0
Gasoline	$0	$12,826
Total	$75,253	$76,957

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

See the FAQ page for detailed explanations about your EV

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

Up to $1,500 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.

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.

Vehicle 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.

Vehicle Rebate

Up to $500

Imperial Irrigation District EV Charger Rebate

IID now offers rebates of $500 to customers who purchase and install a Level 2 (240V) plug-in electric vehicle home charger in 2020.

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.

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.

Vehicle 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.

Vehicle Rebate

Up to $500

Imperial Irrigation District EV Charger Rebate

IID now offers rebates of $500 to customers who purchase and install a Level 2 (240V) plug-in electric vehicle home charger in 2020.

Charging Stations

Public stations
Installed by business or government

High Power Stations
DC fast charge or superchargers

Other Types of Stations
Private stations