AutoPrisme

UK running cost · free calculator

How much does a Tesla Model 3 cost per month?

A Tesla Model 3 has no petrol bill, but electricity, depreciation, insurance and tyres still matter. Enter your own home and public charging mix to test the complete cost.

Current Model 3Rear-Wheel DriveUpdated 6 November 2026

Your editable estimate

What would this Model 3 cost you?

Your vehicle and use
Purchase and future value
Energy and recurring costs

Estimated economic cost

£589/month
Per year£7,066
Per mile£0.71
Running cost excluding depreciation£256/month

Where does the budget go?

monthly average
Estimated depreciation£333
Insurance£105
Electricity£49
Tyres£35
Servicing£25
Repair reserve£25
Road tax allowance£16
First AutoPrisme checkEstimated depreciation is the largest cost in this scenario.

A £0.05 increase per kWh would add approximately £9.13 per month at 10,000 miles per year.

Build a cash-flow budget →

Mileage comparison

How annual mileage changes the estimate

The price, resale value and fixed costs stay unchanged. Only annual mileage and energy use change in this quick comparison.

6,000 miles/year£569/month£1.14/mile
10,000 miles/year£589/month£0.71/mile
15,000 miles/year£613/month£0.49/mile
20,000 miles/year£638/month£0.38/mile

AutoPrisme method

A complete economic cost, not only fuel

The calculator combines estimated value loss, petrol or electricity, insurance, parking and yearly allowances for servicing, repairs, tyres and road tax. Irregular bills are divided by twelve to make them comparable.

Formuladepreciation + energy + insurance + servicing + repairs + tyres + tax

Finance capital is not added on top of depreciation, which would count the car's value twice. Use the separate loan or PCP/HP calculator to examine interest and monthly cash flow.

Why this page is useful

What the calculation exposes

  • Electricity calculated in kWh per 100 miles
  • Depreciation kept visible
  • Suitable for home and public charging stress tests

Check before deciding

The most sensitive assumptions

  • Blend your real home and public charging prices
  • Insurance and tyre costs can offset energy savings
  • Range and consumption vary with speed, temperature and wheels

Usage profile

Who is the Tesla Model 3 for?

A low monthly estimate is not enough. Check whether the format, journeys and ownership constraints suit your life.

Good fit

This car may suit you if…

  • High-mileage drivers with home charging
  • Long-distance EV users
  • Drivers wanting a saloon with strong charging access
Compare first

Look at other models if…

  • You cannot charge reliably
  • You need SUV cargo space
  • Insurance is unusually high for your profile

Data and transparency

Where does the starting efficiency figure come from?

Tesla lists 13.6 kWh/100 km official consumption for the Rear-Wheel Drive example. AutoPrisme converts this to approximately 21.9 kWh/100 miles for the UK calculator.

Tesla UK — Model 3 specifications

All other amounts are editable editorial examples. They are not a valuation, insurance quote, tax calculation or prediction of repairs or resale value.

Build a separate monthly cash budget

Frequently asked questions

Tesla Model 3 running costs

How much does a Tesla Model 3 cost per month?

There is no single monthly figure. The result depends on the price paid, future resale value, mileage, insurance and maintenance. Change every input to match the exact vehicle and your circumstances.

What efficiency should I use for a Model 3?

The pre-filled figure is tied to the Rear-Wheel Drive example and is only a starting point. Replace it with the official figure for your version or your own measured consumption.

Does the calculation include car finance?

No. This model page uses depreciation to represent the vehicle's economic cost and avoids adding the financed capital twice. Use the separate loan, PCP or HP tools to examine cash flow and interest.

Turn the number into a decision

What should you check next?

Check affordability, build the cash budget and then compare the finance structure using the same purchase price.

One model, every important cost

Replace the example with written quotes.

Use the exact purchase price, insurance quote, tax, mileage and expected servicing before making a final decision.

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