Let's be honest—there are a lot of myths floating around about buying a used Tesla. Will the battery last? Are repairs impossibly expensive? Is it hard to find a charger? These are valid questions, and the rumors can make anyone hesitate. We're here to separate fact from fiction. This guide tackles the most common misconceptions head-on, giving you the real story on battery health, maintenance costs, and the charging network in the DFW area. We’ll give you a practical checklist for inspecting any pre-owned Tesla, ensuring you make an informed decision with a reliable Used Tesla Dealer Richardson Texas you can count on.
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Find Your Luxury Used Car

Key Takeaways

  • Verify the Essentials for Peace of Mind: Before you commit, focus on the three most important checks: the battery’s health, the vehicle's history report, and its current warranty status. These steps ensure you're getting a quality car and protect you from future headaches.
  • Leverage Smart Financing and EV Credits: Make your purchase more affordable by getting pre-approved for a loan and using your trade-in to lower the principal. Crucially, check if your chosen Tesla qualifies for the Used Clean Vehicle Credit, which can act as an immediate discount of up to $4,000.
  • Own a Used Car That Improves With Age: Unlike a traditional vehicle, a pre-owned Tesla continues to gain new features and improved performance through free over-the-air software updates. This unique benefit, along with lower running costs and strong resale value, makes it a smart long-term investment.

Where to Find Your Used Tesla in Richardson

So, you’ve decided to get behind the wheel of a Tesla. Great choice! These cars are a blast to drive and represent a major step forward in automotive tech. But when you’re looking for a pre-owned model, figuring out where to even start your search in the Richardson area can feel a little overwhelming. You have a few solid options, from specialized dealerships to broad online marketplaces, and it helps to know the pros and cons of each.

The good news is that the Dallas-Fort Worth area has a healthy market for used Teslas, so you’re likely to find the exact model and trim you’re looking for. The key is knowing where to look and what to expect. It’s also important to understand the unique rules around buying a Tesla in Texas, which can make going through a local dealership a much smoother process. Let’s walk through the best places to find your next car.

Start Your Search at Auto Web Expo

Your best first stop is right here at Auto Web Expo. As a dealership that specializes in pre-owned luxury vehicles, we hand-pick our inventory to ensure every car on our lot meets high standards of quality and performance. This means you can browse our selection of Teslas with confidence, knowing they’ve already been vetted. Plus, you get the irreplaceable experience of seeing the car in person, sitting in the driver’s seat, and taking it for a test drive to feel how it handles.

Beyond our curated inventory, our team is here to make the entire process straightforward. Our finance experts work with a network of lenders to find flexible financing options that fit your budget. We handle all the paperwork, so you can focus on the excitement of driving your new Tesla home.

Other Local Dealerships to Consider

It’s always smart to see what’s out there, so checking other local dealerships can give you a good sense of market pricing and availability. You’ll find that inventory can change quickly. For example, a quick search might show that some dealerships, like VMax Cars, occasionally have no used Tesla vehicles in stock at all.

To save yourself a trip, always check a dealership’s website or call ahead to confirm they have the models you’re interested in. While you might find a good vehicle elsewhere, be sure to ask about their inspection process and what kind of support they offer after the sale. A reputable dealer will be transparent about the car’s history and condition.

Navigating Online Marketplaces

Websites like CarGurus and Autotrader can be great resources for seeing a wide range of Teslas for sale from both dealerships and private sellers across the DFW area. You can easily filter by model, year, mileage, and features to narrow down your options from the comfort of your couch. These sites often list dozens of used Tesla cars for sale near Richardson, giving you a comprehensive look at what’s available.

The main thing to remember with online marketplaces is that you’ll need to do more of the work yourself. If you’re buying from a private seller, you’re on your own for inspections, financing, and paperwork. It’s a viable option, but be prepared to manage those steps yourself.

Why You Can't Buy Directly From Tesla in Texas

You might be wondering why you can’t just go to a Tesla store or gallery to buy a used car. This is due to specific Texas laws that prohibit automakers from selling their vehicles directly to consumers. While you can browse cars at a Tesla gallery, you can’t complete a purchase there.

If you order a car from Tesla’s website, the transaction is legally handled as an out-of-state sale. The vehicle has to be shipped to Texas, and you’ll have to manage the registration and titling process yourself. This is a key reason why buying from a licensed Texas dealership like Auto Web Expo is so much simpler—we take care of all the state-required paperwork for you.

Your Pre-Purchase Tesla Checklist

Buying a used Tesla is an exciting move. You’re getting a cutting-edge vehicle with incredible performance and technology, all while making a smart financial choice. But before you finalize the deal, it’s important to do your homework. Think of it as a final walkthrough before you get the keys to your new home—a few simple checks can give you total peace of mind and ensure you’re driving away in a car that’s ready for the road ahead.

This checklist is your guide to making a confident and informed purchase. We’ll walk through the most critical areas to inspect, from the battery that powers your drive to the software that makes a Tesla unique. Taking the time to verify these details helps you avoid common pitfalls and ensures the car you’ve chosen is as good as it looks. Whether you’re a seasoned EV owner or new to the world of electric vehicles, these steps will help you cover all your bases. Let’s get started.

How to Check Battery Health

The battery is the heart of any Tesla, so its health is your top priority. A certain amount of battery degradation over time is completely normal, but you want to make sure you’re starting with a healthy power source. The easiest way to check is right from the driver’s seat. On the car’s main touchscreen, you can see the estimated range when the battery is fully charged. Ask the dealership for the car’s current state of charge and its projected range at 100%. This gives you a solid baseline to compare against the original EPA-estimated range for that specific model and year. A significant drop could be a red flag worth investigating further.

Review the Vehicle's History and Paperwork

You wouldn't buy a house without checking its history, and the same rule applies here. Always ask for a comprehensive vehicle history report from a service like CarFax or AutoCheck. This document is your window into the car's past, revealing crucial information about previous accidents, title issues (you’ll want to see a “clean” title), and ownership history. A detailed report can uncover hidden problems that aren't visible to the naked eye and protect you from costly surprises down the line. Reviewing the paperwork carefully is a non-negotiable step that ensures the car’s past won’t become your future problem.

Test the Software and Autopilot Features

A huge part of the Tesla experience is its advanced software and driver-assistance features. During your test drive, dedicate some time to interacting with the large central touchscreen. Make sure it’s responsive, clear, and free of any defects like yellowing around the edges, which can happen on older models. It’s also essential to understand which Autopilot package is installed. Is it the standard Autopilot, Enhanced Autopilot, or the Full Self-Driving (FSD) package? Confirm that the features included with the car are active and functioning as they should. This ensures you’re getting the full tech experience you’re paying for.

Get a Professional Inspection

Even if a Tesla looks flawless, getting a second opinion from a professional is always a smart move. While our team at Auto Web Expo thoroughly inspects every vehicle, an independent inspection can offer an extra layer of confidence. Look for a local repair shop that has experience with electric vehicles, as they’ll know exactly what to look for in a Tesla’s unique powertrain and systems. A qualified technician can spot potential issues that you might miss, from suspension wear to early signs of electronic component failure. This small investment can save you from much larger repair bills in the future.

Confirm the Warranty Status

Understanding what’s covered after you drive off the lot is key. Teslas come with a Basic Vehicle Limited Warranty and a separate, longer warranty for the battery and drive unit. You’ll want to confirm the vehicle’s warranty status by checking its age and mileage. See how much of the original factory warranty is still active, as this can protect you from unexpected repair costs. If the original warranty has expired, ask about options for an extended service plan. Knowing exactly what is and isn’t covered gives you a clear picture of your long-term cost of ownership and provides valuable peace of mind.

A Quick Guide to Tesla Models and Prices

Thinking about a Tesla but not sure where to start? The model names—S, 3, X, Y—can seem a bit random at first, but each one is designed for a different type of driver. Understanding the key differences will help you pinpoint the perfect pre-owned Tesla for your life here in the DFW area. Whether you need a practical car for commuting on the Dallas North Tollway, a high-performance luxury sedan for weekend trips, or a spacious family SUV for soccer practice in Plano, there’s a model that fits.

Buying a used Tesla is a smart way to get all the benefits of electric driving—like instant torque, advanced tech, and lower running costs—without the new-car price tag. You get to skip the steepest part of the depreciation curve while still getting a vehicle that feels incredibly modern, thanks to Tesla's over-the-air software updates. From the accessible Model 3 to the head-turning Model X, the pre-owned market is full of great options. Let’s break down what each model offers and what you can expect to pay right here in the Richardson area, so you can start your search with confidence.

Model 3: The Accessible Sedan

If you’re looking for the most approachable entry into the Tesla world, the Model 3 is your answer. As Tesla’s most affordable vehicle, it delivers a fantastic balance of range, performance, and technology that makes it perfect for daily driving around Dallas. It’s a compact four-door sedan that’s fun to drive and packed with all the minimalist style and software features the brand is known for. Because it’s been so popular, there are plenty of them on the used market. You can often find pre-owned Model 3s starting around $17,991, making it a great value for your first EV.

Model S: The Luxury Performer

For those who want top-tier luxury and breathtaking speed, the Model S is Tesla's original flagship sedan. It’s known for its sleek, aerodynamic design, premium interior, and of course, its incredible acceleration. The Model S offers more space and a more commanding presence on the road than the Model 3. Because it has been around longer, the prices for used models can vary quite a bit, ranging from under $18,000 to about $37,000 depending on the year, battery size, and features. It’s the perfect choice if you’re looking for a sophisticated and powerful executive sedan.

Model X: The High-Tech SUV

Need more room for family, gear, or groceries without sacrificing that futuristic Tesla feel? The Model X is the high-tech SUV of the lineup. Its most iconic features are the Falcon Wing doors that make getting in and out of the back seats a breeze, even in tight parking spots. With available seating for up to seven, it’s a practical choice for families. The Model X also comes with impressive performance and towing capabilities, proving that an SUV can be both functional and thrilling. You can find a variety of used Model X options available right here in the Richardson area.

Model Y: The Popular Crossover

The Model Y hits the sweet spot for many drivers, and it’s easy to see why it has become so popular. It takes the successful platform of the Model 3 and adds the space and versatility of a compact SUV. You get a higher seating position, a large rear hatchback for easy loading, and available all-wheel drive, making it a practical, do-it-all vehicle for Texas weather. If you love the idea of a Model 3 but just need a bit more cargo room and flexibility, the Model Y is the perfect fit.

What to Expect to Pay in the Richardson Area

The great news for buyers in the Richardson area is that you have plenty of choices. The local market is strong, with hundreds of used Teslas listed for sale at any given time. This competition means you can find some excellent deals and potentially save thousands compared to buying new. Whether you’re searching for a specific color, interior, or Autopilot package, the wide selection in and around DFW makes it easier to find the exact pre-owned Tesla you’re looking for without having to travel far.

Used Tesla Myths vs. Reality

Thinking about buying a used Tesla is exciting, but it’s easy to get bogged down by rumors and misconceptions. Let’s clear the air and separate the common myths from what it’s really like to own one of these innovative vehicles. When you know the facts, you can shop with confidence and find the perfect pre-owned Tesla for your life in the Dallas-Fort Worth area.

Myth: The Battery Won't Last

One of the biggest worries for potential buyers is battery life. You might hear that a used Tesla’s battery will degrade quickly and need an expensive replacement. The reality is that Tesla batteries are engineered for the long haul. They are designed to retain a high percentage of their original capacity even after years of driving and thousands of miles. You can confidently expect a used Tesla’s battery to have plenty of life left, making it a reliable choice for your daily drives.

Myth: Maintenance is Complicated

If you’re used to regular oil changes and engine tune-ups, the idea of EV maintenance might seem foreign. The truth is, it’s much simpler. Teslas don’t have engines, so you can say goodbye to many of the routine service appointments you’re used to. With far fewer moving parts, the electric motor is incredibly reliable. This translates to less time in the shop and lower overall maintenance needs over the life of the car, which is a win for both your schedule and your wallet.

Myth: Repairs Are Unaffordable

The fear of a massive repair bill can be a major deterrent. While it’s true that certain high-tech components can be costly to fix, a Tesla’s overall reliability means you’ll likely face fewer repairs than you would with a traditional car. Plus, many pre-owned Teslas are still covered by the original factory warranty, giving you peace of mind. When you’re shopping, be sure to check the warranty status—it’s a great way to protect yourself from unexpected costs down the road.

Myth: You'll Never Find a Charger

"Range anxiety" is a real concern, but the idea that you'll be stranded without a charger is mostly a myth, especially here in the DFW area. Tesla's Supercharger network is extensive and constantly growing, with plenty of stations in and around Richardson, Plano, and Frisco. For daily driving, most owners simply charge at home overnight. With a little planning for longer road trips, you’ll find that the charging infrastructure is more than capable of supporting your lifestyle.

Myth: You Miss Out on New Software

With most cars, the tech you buy is the tech you’re stuck with. Not with Tesla. One of the best perks of owning one—new or used—is the free, over-the-air software updates. These updates are sent directly to your car, adding new features, improving performance, and enhancing the user interface. This means a used Tesla doesn't become outdated. It actually gets better over time, ensuring your car stays current with the latest technology long after you drive it off the lot.

What Does It Really Cost to Own a Tesla?

The sticker price is just the beginning of your car ownership journey. While you’ll definitely save money by skipping the gas station, owning a Tesla involves a different set of costs. From charging and insurance to potential repairs, it’s smart to have a clear picture of the total investment before you commit. Understanding these expenses will help you budget properly and enjoy your Tesla without any financial surprises. Let's break down what you can realistically expect to spend after you drive off the lot.

Your Day-to-Day Operating Costs

One of the biggest draws of an EV is the lower day-to-day running cost, and it's true—you'll never pay for gas or an oil change again. However, it's a common misconception that Teslas are cheap to maintain. While they have fewer moving parts and require less frequent service than a gas-powered car, the costs can be significant when a repair is needed. Because of their unique technology and specialized components, fixing a Tesla isn't like fixing any other car. Think of it as a trade-off: you'll save on routine maintenance, but you should set aside a fund for any unexpected repairs that might pop up.

What to Know About Insurance

Before you fall in love with a used Tesla, take a moment to get an insurance quote. You might be surprised to find that insuring a Tesla can cost more than a comparable luxury sedan. Insurers often set higher premiums for Teslas because their advanced technology and aluminum bodies make them expensive to repair, even after a minor fender bender. The good news is that rates can vary quite a bit between providers. As our used Tesla buyer's guide points out, it’s a great idea to shop around for quotes from several different insurance companies to find a plan that fits your budget.

Accessing the Charging Network

Charging is where you’ll see the most significant savings. For daily driving around Richardson, charging at home overnight is the most convenient and affordable option. When you’re on a longer road trip, Tesla’s Supercharger network is incredibly reliable and makes cross-country travel easy. The cost to use a Supercharger varies by location and time of day, but it’s still much cheaper than filling up a gas tank. Here in the DFW area, you’ll find plenty of Superchargers and third-party charging stations, so you’ll never have to worry about running out of juice.

Planning for Service and Maintenance

When it comes to maintenance, Teslas are in a class of their own. You won't have oil changes, but you'll still need to budget for things like tire rotations, brake fluid checks, and A/C service. The real financial risk comes from out-of-warranty repairs. If something goes wrong with the battery or a major electronic component, the bill can be steep. That’s why it’s so important to look for a used Tesla that’s still covered by its original bumper-to-bumper warranty. An active warranty can save you from thousands in unexpected repair costs and give you valuable peace of mind.

Finding Local Support and Service

Unlike traditional car brands, Tesla doesn't have a wide network of franchised dealerships. Instead, they operate their own service centers, and finding one nearby is crucial for a good ownership experience. Luckily for us in the DFW metroplex, there are several Tesla service centers in the area, including locations in Plano and Dallas. For many smaller issues, Tesla’s mobile service can even come to your home or office to perform repairs, which is incredibly convenient. This direct-to-consumer model is different, but it works well once you get used to scheduling appointments through the app.

How to Finance Your Used Tesla

Figuring out how to pay for your next car can feel like the most complicated part of the buying process, but it doesn’t have to be. Financing a used Tesla is a lot like financing any other pre-owned vehicle, with a few exciting exceptions that can save you serious money. The key is to understand your options and come prepared. Whether you’re working with a dealership’s finance team or your own bank, the fundamentals are the same: secure a loan, get the best rate possible, and make it work for your budget.

The great news is that choosing a used Tesla opens up unique financial perks, like potential tax credits that aren’t available for most other used cars. Combining these incentives with a smart financing strategy can make that dream of owning a Tesla much more attainable. We’ll walk through the most common financing paths, from getting a traditional auto loan to leveraging EV-specific incentives and using your current car as a trade-in. With a little bit of prep work, you can handle the financing with confidence and get behind the wheel of your Tesla sooner.

Securing a Traditional Auto Loan

The most common way to finance a used Tesla is with a traditional auto loan from a bank, credit union, or through the dealership itself. At Auto Web Expo, our finance team works with a network of lenders to find competitive rates for our customers. Getting pre-approved for a loan before you even start shopping is a great first step. It gives you a clear budget to work with and shows you’re a serious buyer. You can use an auto loan calculator to estimate your monthly payments based on the vehicle price, your down payment, and potential interest rates. This helps you find a comfortable price point and makes the whole process feel much more manageable.

Finding Available EV Incentives

This is where buying a used Tesla gets really interesting. You may be eligible for a federal Used Clean Vehicle Credit, which can make a huge difference. If the Tesla you’re buying is priced at $25,000 or less, you could get a tax credit for 30% of the sale price, up to a maximum of $4,000. The best part? As a buyer, you can transfer the credit to a registered dealer, which allows them to apply it as an immediate discount at the point of sale. This lowers the purchase price right away, reducing the amount you need to finance. Be sure to confirm the vehicle you’re interested in qualifies for the credit.

Using Your Car as a Trade-In

Have a car you’re ready to part with? Using it as a trade-in is one of the easiest ways to lower the cost of your used Tesla. The value of your trade-in is applied directly to the purchase price, which means you’ll have a smaller loan amount and, consequently, a lower monthly payment. It also saves you the time and hassle of selling your car privately. You can get a quick estimate of your car’s value online, but a dealership will give you a firm offer after a physical inspection. At Auto Web Expo, we make it simple to value your trade and apply it directly to your Tesla purchase.

Get Your Financing Paperwork Ready

Walking into the dealership with your paperwork in order is a power move. It streamlines the entire process and shows you’ve done your homework. Before you head out, gather a few key documents: your driver’s license, proof of income (like recent pay stubs), and proof of residence (a recent utility bill works well). If you’ve already been pre-approved for a loan from your bank, bring that letter along, too. Having everything on hand means our finance team can process your application quickly and efficiently. You can even get a head start by filling out our secure online finance application from the comfort of your home.

Final Steps to Seal the Deal

You’ve done the research, taken the test drive, and found the perfect pre-owned Tesla. Now it’s time to handle the final details that make it officially yours. This last stretch involves some important paperwork and a few key checks to ensure a smooth transition from buyer to owner. Getting these steps right will save you headaches down the road and get you behind the wheel faster. Think of this as your final pre-flight checklist before you can enjoy everything your Tesla has to offer.

Complete a Final Verification

Before you sign the final papers and transfer any funds, give the car one last look. This is your chance to confirm that its condition matches what was agreed upon, with no new scratches or issues. Double-check that all accessories, like charging cables and key cards, are present. You should also review the final paperwork, ensuring the Vehicle Identification Number (VIN) on the documents matches the VIN on the car. A final glance at the vehicle history report can provide peace of mind, confirming there are no last-minute surprises about the car’s past. This quick verification ensures your purchase is exactly what you expect.

How to Register Your Tesla in Texas

Once the Tesla is yours, you’ll need to register it with the state. In Texas, this process is handled by your local county tax assessor-collector's office, which works with the Texas Department of Motor Vehicles. You’ll typically need to provide the signed title, proof of Texas auto insurance, and a completed application for Texas Title and/or Registration (Form 130-U). It’s always a good idea to check the official Texas DMV website for the most current requirements and fees. Having all your documents in order before you go will make the registration process quick and straightforward.

Transfer the Title Correctly

The vehicle title is the official document that proves ownership, so transferring it correctly is essential. The seller must sign the back of the title, officially releasing ownership to you. Carefully check that their name is written exactly as it appears on the front and that all fields are filled out accurately, without any errors or scribbles. As the buyer, you will also need to sign it. This signed title is what you’ll take to the county tax office to register the car in your name. Properly transferring ownership is the most important step in making the car legally yours.

Set Up Your Tesla After Purchase

With the paperwork out of the way, you can move on to the fun part: making the car your own. The first thing you’ll want to do is download the Tesla app and create an account if you don’t already have one. The app is your command center, allowing you to lock and unlock the doors, manage charging, and even precondition the cabin from your phone. Once the vehicle is officially transferred to your Tesla account, you can explore all its features and settings. Take some time to set up your driver profile, connect your phone via Bluetooth, and get familiar with the touchscreen controls.

The Long-Term Perks of Owning a Tesla

Buying a used Tesla isn't just about getting a great car for today; it's an investment in a driving experience that keeps giving back. From saving money on your daily commute around Dallas to enjoying a car that actually improves over time, the long-term benefits make ownership uniquely rewarding. Unlike traditional cars that start aging the moment you drive them off the lot, a Tesla is designed to evolve with you, offering perks that extend years into your ownership.

Enjoy Lower Running Costs

One of the most significant advantages of owning a Tesla is the dramatic reduction in running costs. Electric vehicles are mechanically simpler than their gas-powered counterparts. With no engine, there are no oil changes, spark plugs, or timing belts to replace. This means fewer trips to the service center and more money in your pocket. Beyond maintenance, you'll say goodbye to gas stations. Charging your Tesla at home, especially overnight, is significantly cheaper than filling up a tank with gasoline. These day-to-day savings on fuel and maintenance add up quickly, making a used Tesla a financially smart choice for the long haul.

Benefit from an Expanding Charging Network

If you've ever felt "range anxiety" about an electric car, Tesla's charging infrastructure will put your mind at ease. Tesla has built a robust Supercharger network that makes long-distance travel simple and convenient. Whether you're planning a road trip across Texas or just need a quick top-up while running errands in the DFW area, you're never far from a fast, reliable charger. For daily driving, the best part is waking up to a "full tank" every morning by charging at home. This combination of a widespread public network and easy home charging means you can spend less time planning and more time enjoying the drive.

Gain Value Through Software Updates

Imagine a car that gets better after you buy it. That's the reality with a Tesla. The company regularly sends out free, over-the-air software updates that improve functionality and add new features. Your car’s performance, user interface, and even its Autopilot capabilities can be enhanced while it's parked in your driveway. These updates mean that even a used Tesla doesn't feel dated. You'll continue to get new entertainment options, security features, and driving improvements long after your purchase. It’s a unique benefit that helps your car feel fresh and modern for years to come, constantly enhancing the driving experience.

Count on Strong Resale Value

When it's time for your next vehicle, you'll be glad you chose a Tesla. Thanks to their high demand, cutting-edge technology, and the growing popularity of electric vehicles, Teslas consistently have some of the strongest resale values in the automotive industry. This means your car will retain a higher percentage of its original value compared to many other luxury brands. Investing in a used Tesla is not just a purchase but a smart financial move. You can drive an incredible car for a few years and have confidence that you’ll get a significant portion of your investment back when you decide to sell or trade it in.

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Frequently Asked Questions

Why is it simpler to buy a used Tesla from a Texas dealership instead of a private seller? Buying from a licensed Texas dealership like ours handles a lot of the tricky logistics for you. Due to state laws, buying directly from Tesla's website involves an out-of-state transaction where you have to manage the titling and registration yourself. With a private seller, you're on your own for securing financing, getting a proper inspection, and handling all the DMV paperwork. A dealership streamlines everything by managing the financing, title transfer, and registration, making the entire process much more straightforward.

What's the most critical thing to look at when I'm inspecting a used Tesla? While you should check everything, your top priority should be the battery's health. The battery is the heart of the car, and its condition directly impacts your driving range and the vehicle's value. You can get a good idea of its health by looking at the car's projected range on the main touchscreen when it's at a high state of charge and comparing that number to the original EPA-estimated range for that specific model and year.

I've heard Autopilot or Full Self-Driving can be removed. How do I know the features will stay with the car? This is a great question because Tesla's software is unique. It's essential to confirm which software package is active on the car during your test drive. You can see this in the "Software" tab on the car's touchscreen. When you buy from a reputable dealership, the features listed on the vehicle's description are what you get. This confirmation step ensures you're not surprised later and that you're getting the full technology package you're paying for.

Can I really get a $4,000 discount on a used Tesla? How does that work? Yes, it's a fantastic incentive you should definitely look into. The federal Used Clean Vehicle Credit offers a tax credit of up to $4,000 for qualifying used EVs priced at $25,000 or less. The best part is that you can transfer this credit to the dealership at the time of purchase, and we can apply it directly as a discount. This lowers the sale price on the spot, reducing the amount you need to finance.

Besides charging, what are the main costs I should plan for after I buy the car? Your two biggest expenses to plan for will be insurance and tires. Tesla insurance premiums can be higher than for other luxury cars due to specialized repair costs, so it's wise to get a few quotes before you buy. And because of the car's instant torque and heavy weight, Teslas tend to go through tires more quickly than typical gas-powered cars. Budgeting for a new set of quality tires will ensure you're prepared when the time comes.

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