Tesla Model S Long Range Plus

AFTER INCENTIVES

$67,920

MSRP

$69,420

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ESTIMATED INCENTIVES

$1,500

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Loan Payment

$1,253 / month

Down Payment

$7,654

10% of MSRP plus tax

ESTIMATED INCENTIVES

$1,500

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Lease Payment

$953 / month

FIRST LEASE PAYMENT

$8,606

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Incentives For Lease

$1,500

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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

12,944 lbs/yr

Trees Planted

270

Gasoline Saved

870 gal/yr

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 Tax10.25%

Electricity Rate$0.17/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 1/22/2021, 10:26:27 PM.

Cost to Fill Up Monthly

The Tesla Model S Long Range Plus is $103 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Tesla Model S Long Range Plus	$111	$0	$111
BMW X3 M40i	$0	$214	$214

The Tesla Model S Long Range Plus is $16,509 more expensive to own over 5 Years

Description	Tesla Model S Long Range Plus	BMW X3 M40i
Vehicle	$75,036	$62,843
Maintenance	$3,737	$6,649
Insurance	$10,454	$9,857
Electricity	$6,630	$0
Gasoline	$0	$0
Total	$95,857	$79,348

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 $1,500 in tax credits and rebates are potentially available
for the Tesla Model S Long Range Plus

Rebate

Up to $500

BWP Residential EV Charger Rebate

BWP residential customers who install a Level 2 EV charger are eligible for a rebate up to $500.

Discounted Electric Rate

BWP EV Time-of-Use Rate

BWP currently offers a Time-of-Use rate only to residents that own one or more BEVs or PHEVs and charge at home.

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2021, 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.

Charging Stations

Zipcode

Public stations
Installed by business or government

High Power Stations
DC fast charge or superchargers

Other Types of Stations
Private stations