Tesla Model 3 was anticipated as the next big thing in the build-up to its launch. The reasons? Not its grandeur or brand value but its simplicity. And Tesla did not let us down. Tesla Model 3 turned out to be a game-changer in Tesla’s history. We are heading towards times when governments are making conscious efforts to encourage the use of Electric Vehicles. And Tesla is a brand that remains at the forefront of the action. July 2017 marked the onset of Model 3 deliveries and Tesla’s entry into the affordable automobile market. Despite the pandemic situation, Tesla Model 3’s numbers have remained super-steady.
A reported sale of 256,000 units in the first quarter of 2022 is proof that the Model 3 is very much in demand. Like most Tesla models, the Model 3 has supreme tech features. But what makes it unique is its driving experience. While driving a Tesla Model 3 is fun, it is also considered one of the safest cars in the automotive market. Owning a car from a luxury brand might come with the burden of high maintenance and repair costs, but that’s not the case with the Tesla Model 3. The Model 3 ranks as one of the cheapest luxury cars to maintain and repair. Why are the Model 3’s maintenance numbers cost-effective? Let’s find out.
Here’s why the Tesla Model 3 is the cheapest vehicle to maintain and repair.
The Probability Of A Major Repair Is Very Low
No car is devoid of problems, and the Tesla Model 3’s share of issues has been reported by various independent automotive sources. The most common issues are related to tech, including a blurry backup camera, and screen-tapping while driving. There have also been issues reported about performance, paint, and in some cases, defects related to doors and windows. It’s worth noting that the frequency of these problems is quite low. According to automotive researchers at CarEdge, there is an 8.64% chance that a Tesla Model 3 will need a major repair during its first 10 years of service.
In this context, any repair that exceeds $500 – including costs of required parts and labor – is considered to be a major repair. These figures are based on the aggregate after analyzing automotive data points from various leading data providers in the automotive industry. Regardless of the aforementioned issues, when you buy a Tesla Model 3, you’re putting yourself in a positing to make long-term savings based on the probability of a major repair.
Tesla Is One Of The Most Reliable Luxury Automotive Brands
Tesla was launched with a vision to empower automotive lovers. A vision that wanted to convey a simple message: You do not have to compromise on fun and flair to drive electric vehicles. The idea that EVs are not capable of matching gasoline cars in terms of performance, was destroyed completely by Tesla. While Tesla is renowned for its brand value and goodwill, it is quite evidently more than just a status symbol.
Tesla ranks top among luxury automotive brands, ahead of the likes of Lexus, Acura, Audi, Cadillac, Mercedes-Benz, Jaguar, Land Rover, BMW, and other big boys, in terms of maintenance costs. On average, the 10-year maintenance cost of a Tesla model amounts to $5,867 – a figure that betters every other luxury automotive brand. For instance, the 10-year maintenance cost of a Lexus model is estimated at $7,786, while cars from every other aforementioned brand will cost you over $10,000. If you want to get your Tesla Model 3 insured, it will cost you about $2,267 – a figure that is very reasonable compared to most luxury cars.
Tesla Model 3’s 10-Year Maintenance & Repair Cost: Facts & Figures
With Tesla topping the chart as the ultimate car brand in terms of cost efficiency related to maintenance, it is no surprise that the list of ‘Least Expensive Luxury Cars To Maintain’ features not one, not two, but three Tesla cars. And all three of them take the top spot. Sitting at number three is the Tesla Model Y with a 10-year maintenance cost of $4,732. At number two, is the Tesla Model S with figures of $4,556. And sitting right at the top is the Tesla Model 3 with a 10-year maintenance figure of $3,587.
Tesla as a company believes in constantly reviewing its maintenance recommendations. This leads to optimal performance, reliability, durability, and safety of Tesla Model 3 as well as other Tesla models. The company also recommends replacing your Model 3’s cabin air filter every 2 years. If your Model 3 is equipped with a HEPA filter, Tesla recommends replacing it every 3 years.
The company recommends an A/C desiccant bag replacement of the Tesla Model 3 every 6 years. Cleaning and lubricating of break calipers every 12 months will ensure your Model 3 never runs into major trouble. Thanks to Tesla’s top engineers, and best-in-class auto tech, the probability of a Tesla Model 3 needing regular repairs is very rare.