2024 Tesla Model 3 Cost in Virginia
Complete cost breakdown including taxes, insurance, fuel, and maintenance
Total 5-Year Cost
$53,694
Monthly Equivalent
$895
Sales Tax
5.39%
Annual Insurance
$1,485
Complete Cost Breakdown
Total Cost of Ownership
$53,694
Over 5 years in Virginia
Monthly Equivalent
$895/mo
12,000 miles/year
Purchase Price
$40,240
Sales Tax
$2,169
5.39% in Virginia
Registration
$950
5 years
Insurance
$7,425
$1,485/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
Virginia Vehicle Costs
Sales Tax Rate
5.39%
State: 4.15% + Local: 1.24%
Avg Insurance
$1,100
Ranked #48 of 50 states
Registration Fee
$190
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 Virginia?
The total 5-year ownership cost is approximately $53,694, which includes the purchase price ($40,240), sales tax (5.39%), insurance (avg $1,100/year), fuel, maintenance, and registration fees.
How much is insurance for a Model 3 in Virginia?
The average annual insurance cost in Virginia is $1,100. For this Model 3, the estimated annual insurance is $1,485, which may vary based on your driving record, age, and coverage level.
What are the registration fees in Virginia?
In Virginia, the average annual vehicle registration fee is $190. 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: 5.39% • Insurance Avg: $1,100/yr
How long do you plan to own the vehicle?
Average: 12,000 miles/year