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GOBankingRates spoke with two Tesla drivers to find out more about the monthly savings theyre enjoying.
Heres what they had to say.
Where I have noticed the biggest savings with Tesla, however, is through Tesla insurance, Hershman said.
I paid $278 per month with my previous car, but I only paid $104 with Tesla.
This is a massive difference.
Im now driving twice as much, simply because its so fun and enjoyable.
Despite not switching to a Tesla to save money, he said it has allowed him to spend less.
But the real value is in how much I enjoy the experience.
However, these types of vehicles can offer serious savings in operational costs.
As of 2023, a typical household spends $204.08 per month on gasoline, according toJ.D.
Costs to charge an EV vary, but are notably cheaper.
Additionally, gas-powered cars need oil changes, while EVs do not.
Generally speaking, the cost of an oil change ranges from $30-$100, according toAutoZone.
Additionally, Tesla buyers may be able to get to a $7,500IRS credit.
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