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https://www.teslarati.com/tesla-model-3-wins-kbb-5-year-cost-to-own-awards/
Tesla Model 3 named as one of the winners in KBB’s 5-Year Cost to Own Awards for 2022
The Tesla Model 3 was recently deemed by Kelley Blue Book as one of the winners in its 5-Year Cost to Own Awards for 2022. KBB’s 5-Year Cost to Own Award explores the costs associated with the ownership of a vehicle. This includes the vehicle’s price, maintenance costs, fuel or charging rates, any state tax, and registration fees, as well as a car’s depreciation over a 5-year ownership period, among others.
As per the automotive research company, the 2022 Tesla Model 3 leads the “Electric Luxury Vehicle” segment with a 5-year cost to own of $48,233. According to Kelley Blue Book, the Model 3’s 5-year cost to own is $16,411 less than the segment average. This is quite impressive, especially considering that the Model 3 is Tesla’s entry-level vehicle today.
The fact that the Model 3 was dubbed by KBB as one of the winners in its 2022 5-Year Cost to Own Awards is quite unsurprising, especially if one were to consider that electric vehicles like Teslas do not need as much maintenance as their internal combustion engine-powered counterparts. And being part of Tesla’s ecosystem, the Model 3 enjoys a number of perks that some of its rivals in the “Electric Luxury Vehicle” segment do not enjoy as well, such as Supercharging rates, which are extremely convenient and affordable
Tesla Model 3 named as one of the winners in KBB’s 5-Year Cost to Own Awards for 2022
The Tesla Model 3 was recently deemed by Kelley Blue Book as one of the winners in its 5-Year Cost to Own Awards for 2022. KBB’s 5-Year Cost to Own Award explores the costs associated with the ownership of a vehicle. This includes the vehicle’s price, maintenance costs, fuel or charging rates, any state tax, and registration fees, as well as a car’s depreciation over a 5-year ownership period, among others.
As per the automotive research company, the 2022 Tesla Model 3 leads the “Electric Luxury Vehicle” segment with a 5-year cost to own of $48,233. According to Kelley Blue Book, the Model 3’s 5-year cost to own is $16,411 less than the segment average. This is quite impressive, especially considering that the Model 3 is Tesla’s entry-level vehicle today.
The fact that the Model 3 was dubbed by KBB as one of the winners in its 2022 5-Year Cost to Own Awards is quite unsurprising, especially if one were to consider that electric vehicles like Teslas do not need as much maintenance as their internal combustion engine-powered counterparts. And being part of Tesla’s ecosystem, the Model 3 enjoys a number of perks that some of its rivals in the “Electric Luxury Vehicle” segment do not enjoy as well, such as Supercharging rates, which are extremely convenient and affordable
