2024 Tesla Model 3 Cost in California
Complete cost breakdown including taxes, insurance, fuel, and maintenance
Total 5-Year Cost
$66,738
Monthly Equivalent
$1,112
Sales Tax
9.75%
Annual Insurance
$3,093
Complete Cost Breakdown
Total Cost of Ownership
$66,738
Over 5 years in California
Monthly Equivalent
$1,112/mo
12,000 miles/year
Purchase Price
$40,240
Sales Tax
$3,923
9.75% in California
Registration
$1,750
5 years
Insurance
$15,465
$3,093/year
Electricity
$4,290
$858/year
Maintenance
$1,070
$214/year avg
Estimated Depreciation
$24,949
Your 2024 Tesla Model 3 will lose approximately $24,949 in value over 5 years
Vehicle Type
Sedan
Fuel Economy
132 MPGe
Reliability Rating
3.5/5.0
California Vehicle Costs
Sales Tax Rate
9.75%
State: 7.25% + Local: 2.5%
Avg Insurance
$2,291
Ranked #4 of 50 states
Registration Fee
$350
Per year (average)
Electricity Price
$0.28
Per kWh
Frequently Asked Questions
What is the total cost of owning a 2024 Tesla Model 3 in California?
The total 5-year ownership cost is approximately $66,738, which includes the purchase price ($40,240), sales tax (9.75%), insurance (avg $2,291/year), fuel, maintenance, and registration fees.
How much is insurance for a Model 3 in California?
The average annual insurance cost in California is $2,291. For this Model 3, the estimated annual insurance is $3,093, which may vary based on your driving record, age, and coverage level.
What are the registration fees in California?
In California, the average annual vehicle registration fee is $350. This may vary based on the vehicle's age, weight, and value.
Is a Model 3 expensive to maintain?
The 2024 Tesla Model 3 has a 5-year maintenance cost of approximately $1,070, with a reliability rating of 3.5/5.0, making it moderately reliable.
Customize Your Calculation
Calculate Ownership Cost
MSRP: $40,240 • Sedan
Sales Tax: 9.75% • Insurance Avg: $2,291/yr
How long do you plan to own the vehicle?
Average: 12,000 miles/year