With rising gas prices, should I get a Tesla? Are there state/gov incentives (Texas) and will insurance go through the roof? I’m 24 and never been in an accident.

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I didn’t get mine because of rising gas prices but it was kismet that I got to take delivery right before. I’ve saved almost $300 in gas on 1300 miles since purchase and our electric company is giving us a $30 monthly credit for 1 year so charging for me has been better than free(only spent $32 to charge on that 1300 miles incld. 2 supercharger visits).

I live in Georgia, which has much higher car insurance than Texas in my experience(moved from Texas to GA) and my insurance only went up $200/yr but we pay every 6 months. Context on insurance - had a Honda Accord hybrid, bought a TMY performance.

If you go to Tesla’s website, there is an area there that can help you find applicable federal/state/local incentives from your power company, the state, etc.

Side note: if you’re not Tesla or bust, you can look at VW, Hyundai, and Ford for good options on electric cars that also qualify for the federal tax credit still - however be wary of dealership price gouging if that is still going on. Sorry for the long response, this is just an exciting topic for me and I did a ton of research before for myself.

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Keep in mind that Tesla’s are expensive to maintain and fix. Also, while the Tesla itself may be good for the environment, the components and how they are made are not.

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EY1 the batteries are recyclable. And if we’re nit-picking batteries, let’s get rid of the scooters, electric bikes, e-cigarettes, and other lazy people inventions like e-skateboards.

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There are other EV options other than Tesla.

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You’d have to do the math with assumptions on how long the gas will stay super expensive.

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There’s cost savings with Tesla insurance if you have a great driving record. Keep in mind that when energy prices rise, so does your charging.

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Order one if you are interested. And you will have enough time to observe the gas price trend and research more in the 6-8 months when waiting for the car to deliver. If at any point you think it doesn’t make any sense anymore, just cancel the order.

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I have a Model Y and my insurance went down when I purchased mine. The federal tax incentives are gone so that won’t be of any help to you. Any car company that goes over a certain number of cars lose the incentive.

Be wary of getting EV’s other than Tesla until you look at your charging options. The reason I went Tesla instead of something else was because of the super charger network. Electrify America is half ass because VW was forced to build it. ChargePoints chargers are SLOW, and I mean slower than my dryer outlet that I put in my garage. I did a road trip of about 1000 miles one way and super chargers are everywhere. The other chargers are there too but they’re in places like auto dealerships but some are near food and stuff but you’ll be waiting a while (check the app Plug Share and you’ll see what I mean). If there aren’t chargers that are offering at least 150kW at the station, be ready to strap in for a long charging wait.

I will admit that tires are expensive. I lasted 28K miles on my OEM Goodyears and put on some Michelin’s that were about $350 a tire. You go through tires fast because of a few things. The car is heavier so there is more wear as it stops and goes. The torque is way too much fun so although it doesn’t sound like it, if you hit the accelerator you’re doing mini burnouts at the stop lights just to show the European cars just how slow they are. Also they’re low profile tires so there is a lot less tread to wear down. The ones I chose are racing tires since I live in a warm climate so hopefully these will last longer.

With regards to actual maintenance, I’ve done everything under warranty except a pesky nail in my tire and the regular rotations. After you’re done with the first six months of getting things dialed in, you won’t be doing a lot of the maintenance stuff anymore. If someone bangs up your car (some jackass put an inch long scrape in my door and I caught them on camera and had their insurance pay for it), yes those repairs are expensive because it is a Tesla but that’s no different than if your Beamer was hit and you needed to get it repaired. If you’re trying to compare it to a Toyota of course that car will be cheaper to fix. However, I like that there is a lot less that will go wrong with the car due to lack of moving parts. Good luck with whatever you decide OP

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OP I (25F) just ordered one yesterday because gas prices are astronomically high here in CA. From what I’ve read insurance doesn’t go up significantly and was told maintenance costs are very limited for the car. I currently lease a BMW X3 and while I love the car, the gas is insane at this point—the extra cost of financing the Tesla is mostly offset by the gas I’ll save (~$50 extra).

My estimated delivery date is mid-September and I’m so excited to not pay $6.15 per gallon. Also having test driven other electric cars, Teslas are just so damn cool.

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Just for additional context, I pay $0.14 a kW and my wife and I share this car and we drive a lot because of our daughter and her activities. Gas in FL is $4.59. I charge mainly at home as well (these are the charge stats for my car from the Tesla app). Super charger fees vary from charger to charger. On average I’ve seen them at around $0.37 per kW.

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Up until recently Texas didn’t even allow the sale of Teslas, let alone be a state for incentives

I have a BMW i3 and I love it. Zero maintenance so far after 4.5 years (no spark plugs, carburetor, transmission, fan belts, etc and with regenerative braking I rarely ever use the brakes.) I did have to buy tires once. It costs me about $0.32 to fill up the battery. The car is 95% recyclable according to BMW and was produced in a wind-powered factory. Oh and it’s super fast, fastest BMW from 0-30, it handles like “the ultimate driving machine,” and it was not expensive, around $25k pre-owned.
Highly recommend. You will never want to drive an ICE car again.

Why, what’s happening with gas prices?

I don’t save very much on electricity over gas but I also don’t drive very much as I work from home. Tesla won’t save you money in the long run but damn it’s a fun car.

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