Tesla prices vary significantly by model, ranging from around $37,000 for a base Model 3 to over $100,000 for high-end Model S, X, or Cybertruck Plaid versions, with popular models like the Model Y starting in the low $50,000s (USD) before options and incentives, but always check the official Tesla compare page for current Australian pricing.
The cheapest Tesla is the Model 3 Rear-Wheel Drive (RWD), with starting prices around $42,490 in the US, though this can vary with location and incentives like the $7,500 federal tax credit, potentially bringing it down further. In Australia, a similar entry-level Model 3 starts at approximately $54,900 AUD (around $36,990 USD equivalent), but used models can be found for under $30,000 AUD.
Tesla prices in Australia vary by model, with the Model 3 starting around $54,900 (RWD) and Model Y around $58,900 (RWD) for recent years, though these prices fluctuate and exclude on-road costs, with higher trims like Performance models costing more, and used options available for less.
In Australia for 2025, Tesla Model Y prices start around $58,900 (RWD) and $68,900 (Long Range AWD) plus on-road costs, with Launch Series versions priced higher; these reflect updates to the "Juniper" facelift, offering improved range, tech (like heated rear seats), and noise reduction, with a Performance model expected later in the year.
Tesla Is a Luxury Brand in a New Era of Automotive Prestige.
The world's #1 richest or most expensive new car is currently the Rolls-Royce La Rose Noire Droptail, a bespoke coach-built masterpiece valued at around $30 million (or even more, depending on the report), followed closely by the Rolls-Royce Boat Tail, showcasing unparalleled luxury and unique craftsmanship for ultra-wealthy clients. These aren't mass-produced; they are one-off or extremely limited-run creations from luxury marques like Rolls-Royce.
Independent estimates suggest many Teslas see around $1,200–$2,400 in non‑collision repair costs over 5 years, often back‑loaded as the car ages. Most Teslas have an 8‑year battery and drive‑unit warranty, shielding you from the most expensive EV repairs early on.
Tesla prices in Australia have become cheaper due to increased competition (especially from Chinese brands like BYD), stronger supply from the Shanghai factory reducing wait times, price cuts to stay competitive, and a maturing EV market with more used options, all contributing to lower costs for both new and second-hand models. Lower manufacturing costs in China and a focus on market share also play significant roles in making them more affordable.
In this handy guide, we'll take a closer look at the disadvantages of electric cars, including:
Based on what we're seeing with Tesla batteries, they can be expected to last up to 20 years – roughly the same amount of time that the vehicle will be in operation. However, a Tesla battery lifespan is influenced by usage, charging behaviors, temperature, and battery configuration of the vehicle.
How much does it cost to insure a Tesla? The average cost of full coverage car insurance for Tesla vehicles ranges from $3,419 per year for the Model 3 sedan to $5,354 per year for the Model X SUV.
No, Teslas in Australia have shown significant value depreciation, often losing value faster than petrol or hybrid cars, due to aggressive new car price cuts, rapid tech updates, and a maturing EV market, leading to poor resale values, with some used models dropping over 50% in a few years, though demand for used EVs is growing.
Our engineers continuously review maintenance recommendations to optimize the performance, reliability, durability and safety of your Tesla vehicle. Unlike gasoline cars, Tesla vehicles require no traditional oil changes, fuel system maintenance, spark plug replacements or emission checks.
People are selling their Teslas due to backlash against CEO Elon Musk's politics and public stances, significant depreciation and high used prices compared to competitors, increased competition from other EV brands, and some dissatisfaction with Tesla's brand direction, leading to a mix of political alignment and financial considerations driving the trend.
After 10 years, a Tesla typically has good battery health (around 80-90% capacity) with gradual range loss, but faces common aging car issues like worn suspension, paint, and needing general maintenance, while autopilot performance might feel dated; the battery remains viable, often for a long time, potentially even serving as a home battery if replaced, but costly pack replacements are a concern, though normal wear-and-tear items are similar to any older car.
High Repair Costs and Insurance Premiums
While Tesla vehicles have lower maintenance needs, repair costs can be high if something goes wrong. Parts availability, specialized repair shops, and advanced materials all contribute to this expense.
The cost of replacing a Tesla's transmission oil is estimated to be around $150 to $200. Newer Tesla models feature enhanced oil filtration systems, allowing the lubricant to remain effective for extended periods, often exceeding 100,000 miles without requiring changes.
This feature enables breathtaking acceleration, a hallmark of Tesla vehicles. However, the instant surge of power can place significant strain on the tires, especially in high-performance models. Rear tires on vehicles like the Tesla Model S and Model X often experience accelerated wear as a result.
The "$70 million dollar car" refers to a specific 1963 Ferrari 250 GTO (Chassis #4153 GT) sold in 2018 to David MacNeil, the founder and CEO of WeatherTech, making him one of the world's most prominent car collectors, although other cars have since sold for more, like the Mercedes-Benz 300 SLR Uhlenhaut Coupe.
2026 Acura Integra
It's also the most affordable luxury car on the market today, with a starting price of $34,595 including destination for the base model, which still includes heated seats, keyless entry and push-button start.