5 Things You MUST Do Before Buying a Tesla

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Top 5 things to do before buying a Tesla in 2023 (Model 3/Y/S/X)

0:00 Buying a Tesla in 2023
0:22 Credits & Incentives
2:02 Home Charging
3:51 Sponsor
5:02 Calculate Savings
6:00 Research Chargers
7:44 Referral Link

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Buying a Tesla has been one of the best purchases I’ve ever made in terms of satisfaction and savings. But it is still a relatively expensive car. I’m all about exploring technology that saves you time, money, or energy so before you buy a Tesla yourself, here is a crucial checklist to go through to avoid having any regrets.

Although Tesla owns and operates the largest global, fast charging network in the world with over 45,000 Superchargers and new ones popping up constantly, traveling in a Tesla is still a different experience compared to driving a gas car. Make a list of your frequently visited locations (such as family or friends houses or vacation houses) and not only see if there are charging stops along the way. This is something I had to do when I first got my car and visited my in laws because although there was a Supercharger in between our house and theirs it was a little bit out of the way which would add about an hour to the round trip.

As much as I love the first Tesla I ever bought, my Model 3, I’m not sure if I would have bought it back when I did if I weren’t eligible for the full $7,500 federal tax credit. Luckily a standard Model 3 is only around $40,000 before any tax credits, but that’s still a lot money for a car for most people so even though all Model 3 and Model Y vehicles currently qualify for the full $7,500 federal tax credit, that only applies to eligible buyers so it would behoove you to see exactly how much of that federal tax credit you are eligible for.

Having my car charge overnight while I sleep is a game changer mainly because of two reasons: 1) It saves me money by charging at the cheapest electricity rate, and 2) It saves me time because I don’t have to make inconvenient charging stops during my normal daily driving. If I didn’t have home charging and had to do all my charging at the nearby Supercharger it would be nearly five times more expensive. During your Tesla online order you can choose the optional Mobile Connector for $230 and you can use that on a normal outlet for slow charging if your daily driving is less than 50 miles per day.

Buyers who use a referral link will still get the benefits which are subject to change but as of the making of this video if you buy a Model 3 or Y using a referral link you’ll receive $500 off your purchase plus 3 months of Full Self-Driving Capability which comes to an $1100 value so don’t miss out on that.

As an Amazon Associate & partner for other affiliate programs I earn from qualifying purchases
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Yes, check Fed, state, county, and city agencies for incentives and discounts.

Also, be sure to check your utility that provides your electricity! We get a $0.015 credit on every kWh we use to charge our two EVs based on TOU.

A penny and a half doesn’t doing like much, but we’ve saved a lot with that discount and the off peak time over the last two years we’ve had them!

ezpoppy
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Here in NJ you get $4000 off a Tesla on top of the $7, 500 federal tax credit. I also bought one with a referral so my final cost was $26k which is around the same price as a Toyota Corolla

WilG
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Congrats Andy on the new house. Can you make a video on what it is like to charge 2 Teslas at the same time? I just recently bought a house also. Everyone thought I was crazy to have the 1450 plug installed in the garage when I do not have an electric car yet. But I plan to get one with my next car purchase.

dollarmerchtree
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We are upgrading our electrical panel and putting a 30 amp or 50 amp outlet in the garage. Plus I am still planning to add a few solar panels on the garage plus an 8kw battery generator and dual fuel generator

edl
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Great video. Just want to add, for potential new buyer, take the rated range with a very big handful of salt. If you only drive around town and never go over 70 mph, then it's pretty close, otherwise, expect it to be about 80% of that.

ontheboat
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Very jealous of the incentives in the US. I live in Victoria, Australia, We have no federal or state incentives and the state actually charges EV owners 2.6c/km driven, even on roads in other states.

michaelfink
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I want a Tesla but here in BC Insurance is expensive, especially for Tesla

juanosorio
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Andy,
I want to buy a Model X, but wonder if I'm doing the right thing. My primary reason for getting an SUV is my dog (an American Fox Hound - 57 lbs.) and possibly a Sheltie (to determined - 30 lbs.). I know you have a Model Y, but would you encourage me to buy a Model X ? Gull wings looks cool.
Armand

armandperez
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Used is a better deal than the tax credit

Platypus
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I'm still stuck in the Enyaq vs. Model Y dilemma, and here in Denmark there's nothing like a tax credit, or anything like that 😁.

TechTonor
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Andy great video.
Quick question as I am looking to buy a 2020 or 2021 Model 3. Can't afford new so used it is. LR/Dual motor with low miles. Is it worth the $4-$6k more for a 2021 just for heat pump and dual pane glass with same options? Live in Northwest Ohio so winters kinda rough. What you opinion?

tpdtopcop
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You only pay $0.08 a kWh?! I pay $0.33 a kWh at home in California!

Resist
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Hi Andy - I was interested in the standard range Tesla, but it only has rear wheel drive - I like the AWD - especially on the greasy roads at times here in Spain.

tdtesla
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Hmmm…. Changing from a gas vehicle to an Electric Vehicle requires a lifestyle change.

michaeljozwiak
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Maintenance, good mechanic, a better battery, and in top of all to expensive. Even with this rebate from the government of The $7, 500k Is still a ‘Sucker Punch’ and don’t forget when it comes time to replace the battery could cost between $10-15k depending the model. I am not saying the Tesla vehicles DONT belongs in our (Time) society, but we are not ready, Fossil Fuel still is a very important part of our live. Just think about that🤔

charlesguzman