2024 Tesla Model 3 Cost in North Carolina
Complete cost breakdown including taxes, insurance, fuel, and maintenance
Total 5-Year Cost
$58,353
Monthly Equivalent
$973
Sales Tax
6.99%
Annual Insurance
$2,268
Complete Cost Breakdown
Total Cost of Ownership
$58,353
Over 5 years in North Carolina
Monthly Equivalent
$973/mo
12,000 miles/year
Purchase Price
$40,240
Sales Tax
$2,813
6.99% in North Carolina
Registration
$1,050
5 years
Insurance
$11,340
$2,268/year
Electricity
$1,840
$368/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
North Carolina Vehicle Costs
Sales Tax Rate
6.99%
State: 3% + Local: 2.25%
Avg Insurance
$1,680
Ranked #15 of 50 states
Registration Fee
$210
Per year (average)
Electricity Price
$0.12
Per kWh
Frequently Asked Questions
What is the total cost of owning a 2024 Tesla Model 3 in North Carolina?
The total 5-year ownership cost is approximately $58,353, which includes the purchase price ($40,240), sales tax (6.99%), insurance (avg $1,680/year), fuel, maintenance, and registration fees.
How much is insurance for a Model 3 in North Carolina?
The average annual insurance cost in North Carolina is $1,680. For this Model 3, the estimated annual insurance is $2,268, which may vary based on your driving record, age, and coverage level.
What are the registration fees in North Carolina?
In North Carolina, the average annual vehicle registration fee is $210. 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: 6.99% • Insurance Avg: $1,680/yr
How long do you plan to own the vehicle?
Average: 12,000 miles/year