Tesla Cost Calculator
The true cost of a Tesla in 2026 — monthly payment or lease, price after incentives, taxes and EV fees, plus five years of charging, insurance and depreciation. Rates and programs verified October 2026.
Tesla Payment & Loan Calculator
Set your price, down payment, APR and term above to see a real monthly payment — the math includes your state's vehicle sales tax, registration and EV fees, not just the sticker. Defaults use the Q3 2026 US average auto-loan rates (7% new, 10.6% used); Tesla's own financing promos (1.99% APR on most Model Y trims, 2.49% on Model 3 Premium and 1.99% on Model 3 Performance, for orders since September 28, 2026) can come in far lower, so plug in your quoted rate. Financing a used Tesla? The price field pre-fills with the live market median from our tracked inventory rather than a guess.
Tesla Lease Calculator
Switch the toggle above to Lease for an estimated lease payment on a new Model 3, Model Y or Cybertruck. Tesla doesn't publish residuals or money factors, so the estimate uses industry-typical figures (residual 55–57% of MSRP at 36 months, money factor 0.003 ≈ 7.2% APR) that you can adjust. Leasing trades equity for a lower payment — useful to compare directly against the finance number for the same car.
Tesla Cost of Ownership: Charging Cost Calculator, Insurance & Cost per Mile
The 5-year panel is a charging cost calculator and gas savings calculator in one: charging at YOUR state's EIA residential electricity rate (from ~13¢/kWh in Louisiana to ~48¢ in Hawaii) blended with Supercharging, your state's AAA gas price for the comparison car, insurance midpoints per model, maintenance, your state's EV registration fees, and depreciation from our own tracked-sales curves — then divides it all into a cost per mile. It also shows what the same miles would cost in fuel in a comparable gas car, and projects what the car itself will be worth each year for the next five — from the same depreciation curves behind our valuation engine. For market-wide pricing context, see live Tesla price trends.
Tesla Taxes, Fees & EV Incentives by State
Vehicle sales tax is anything but uniform: Georgia charges a one-time 7% title tax, North Carolina a 3% highway-use tax, five states charge nothing, and Connecticut adds a luxury rate above $50,000. On top of that, 41 states now charge annual EV registration fees — from $50 to $270 — and Texas and New Jersey collect multi-year EV fees upfront at purchase. The calculator applies your state's actual rates, plus every state EV rebate or tax-credit program still open and funded as of October 2026. One caveat the calculator handles for you: California's MyFirstEV is live, but Tesla's allocation exhausted in August — a Tesla purchase currently gets $0 there. One federal bright spot: through 2028, many buyers can deduct up to $10,000/year of loan interest on a new US-assembled vehicle — which every Tesla is (income limits apply).
How Much Does a Tesla Cost in 2026?
New: Model 3 starts at $36,990 (Premium AWD $47,490, Performance $54,990); Model Y at $39,990 (Premium AWD $49,990, Model Y L $61,990); Cybertruck at $74,990 after August's $5,000 increase. Add Tesla's $250 order fee and $1,390–$1,995 destination charge. Used, from our tracked market: Model 3 medians run near $33,000, Model Y near $38,000, and the discontinued Model S and Model X — no longer sold new — trade around $61,000 and $68,500. Browse every used Tesla for sale or check what your current Tesla is worth.
Tesla Calculator FAQ
How much is a Tesla payment per month in 2026?
Financing a $47,490 Model 3 Premium AWD with $5,000 down over 72 months at the current 7% average APR comes to about $820/month including California taxes and fees. Tesla's own promo financing (2.49% on this trim and 1.99% on most Model Y trims, as of October 2026) cuts that by about $100/month. Use the calculator above with your state, price and rate for an exact figure.
Is it cheaper to lease or finance a Tesla?
Leasing usually has a lower monthly payment because you only pay for 2-3 years of depreciation, but you build no equity and face mileage caps. Financing costs more per month and you carry depreciation risk, but you own the car. The calculator's Finance/Lease toggle shows both numbers side by side for the same vehicle.
How much does it cost to charge a Tesla?
At the 2026 US average home rate of 18.3 cents/kWh, a Model Y at 280 Wh/mile costs about 5 cents per mile charging at home — roughly $620/year at 12,000 miles. Superchargers average around 42 cents/kWh, about 2.3x home rates. A comparable 24 mpg gas SUV at $4.33/gallon costs about 18 cents per mile.
How much is Tesla insurance?
Full-coverage estimates in 2026 average about $3,000/year for a Model 3, $3,100 for a Model Y, and $4,400-5,500 for Model S, Model X and Cybertruck. Rates vary widely by state, age and record — the 5-year ownership panel uses these midpoints.
What will my Tesla be worth in 3 or 5 years?
The calculator's resale panel projects year-by-year value from the same depreciation curves that power our valuation engine, calibrated against tracked sales. Rule of thumb for 2026: a new Model Y retains roughly 50% of its price after 5 years and a Model 3 about 45%, while a 3-year-old used Tesla depreciates more slowly from its lower base.
Is Tesla loan interest tax-deductible?
Often, yes. Through 2028, federal law (OBBBA) lets buyers deduct up to $10,000 per year of loan interest on a new US-assembled personal vehicle — and every Tesla is assembled in the US. It's a deduction rather than a credit, it phases out above roughly $100,000 single / $200,000 joint income, and used vehicles don't qualify. The calculator estimates your first-year deductible interest right under the monthly payment.
What is my Tesla worth as a trade-in?
Our valuation tool prices your Tesla against tens of thousands of tracked completed sales — the same data dealers use — and can bring you instant cash offers. It's free and takes under a minute. Get your Tesla's value →