We've assumed a fuel economy of 21 miles per gallon for a comparable gasoline powered premium sedan, for example, the 2016 Mercedes-Benz S550. We've also assumed the national average of $0.13 per kilowatt-hour for electricity, 10% charging on Tesla’s Supercharger network and $2.70 per gallon for premium gasoline over the next five years.
Florida has allowed owners of hybrid, electric and other low-emission vehicles to ride in high-occupancy-vehicle lanes with only one person in the car between 7 a.m. and 9 a.m. and 4 p.m. to 6 p.m. on weekdays. And with the introduction of the I-95 express lanes, they don't have to pay tolls.
EVs benefit from not requiring oil changes or other maintenance costs for exhaust systems. Studies have shown that this represents a 35 percent decrease in cost over time. Some calculations peg this to about 3 or 4 cents per mile of maintenance cost in an EV versus closer to 6 cents in an internal combustion car.
Calculate Your Payment
Your Credit Score
Term Length 72 Month
Down Payment $500 (10%)
Est. Monthly Payment This estimate is for illustration purposes only and accuracy is not guaranteed. Acquisition fees, destination charges, tag, title, and other fees are not included in this calculation.
Change Your Location
FREE ONLINE APPRAISAL