How Much Does a Tesla Cost? New and Used Tesla Prices in Germany in 2024

Tesla is continuing to expand its production in Grünheide and aims to double it to one million vehicles per year – an ambitious development that is shaking up the European automotive market. In addition, the company plans to significantly increase its battery cell production. But what does this mean for the cost of Tesla models in Germany? In this article, we take a detailed look at the current prices, total costs, and potential savings when buying a Tesla. We will also compare new cars with the used car market and explore what the future holds for Tesla and its buyers.

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1. Current Prices of Tesla Models

1.1 Tesla Model S

The standard Model S offers a range of 634 km, speeds of up to 250 km/h, and accelerates from 0 to 100 km/h in just 3.2 seconds. Priced at €94,990, it impresses with an outstanding energy efficiency of 17.5 kWh/100 km and produces zero CO2 emissions. On the other hand, the Model S Plaid, costing €109,990, is unmatched in acceleration, reaching 0 to 100 km/h in just 2.1 seconds. It features three high-performance motors with carbon fiber rotors and includes several upgrades like a carbon fiber rear spoiler and 19-inch Tempest wheels.
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• Model S: 634 km range, 250 km/h top speed, €94,990.‍
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• Model S Plaid: 600 km range, 322 km/h top speed, €109,990 with additional Plaid upgrades.‍
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• Notable Features: Zero emissions, advanced autopilot options, and optional winter tire wheel sets for optimal snow conditions.

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Our Example: Model S Dual Motor All-Wheel Drive

The base price for the Model S is €94,990. The Deep Blue Metallic paint is included, while the 21-inch Arachnid wheels cost €4,900, and the black and white interior costs €2,400. The premium walnut décor with a yoke steering wheel is an additional €1,000, and the enhanced autopilot package, which includes navigation assistance and lane change assistant, is available for €3,800. The total price for this custom configuration is €107,090, offering a range of 634 km per charge.

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1.2 Tesla Model 3

The Tesla Model 3 is a benchmark in the electric car market. The base Model 3, priced at €42,990, offers an impressive range of 513 km, reaches a top speed of 201 km/h, and accelerates from 0 to 100 km/h in 6.1 seconds. It stands out for its eco-friendliness, consuming only 13.2 kWh/100 km and emitting zero CO2. A step up, the all-wheel drive Model 3 Long Range, costs €51,990, extends the range to 629 km, maintains the same top speed, but improves acceleration to 4.4 seconds. Additional features include a robust trailer hitch for €1,350 and a comprehensive full self-driving package for €7,500.

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• Base Model 3: €42,990, 513 km range, 201 km/h top speed.‍
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• Model 3 Long Range: €51,990, 629 km range, 4.4 seconds acceleration.‍
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• Notable Extras: Robust trailer hitch and full self-driving capabilities.

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Our Example: Tesla Model 3 - Long Range

The base price of the Tesla Model 3 is €51,990, with Ultra Red paint for €2,000 and 19-inch Nova wheels for €1,700. A high-strength steel trailer hitch is available for €1,350, and the interior customization in black and white costs €1,200. The enhanced autopilot package can be added for €3,800, while the Full Self-Driving capability is available for €7,500. With all options, the total price is €68,540, and the car offers a certified range of 629 km per charge.

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1.3 Tesla Model X

The Tesla Model X and its powerful counterpart, the Model X Plaid, represent a new pinnacle in electric SUV innovation. The standard Model X, priced at €99,990, offers an impressive range of 576 km, reaches speeds of up to 250 km/h, and accelerates from 0 to 100 km/h in a swift 3.9 seconds. With an energy efficiency of 19.1 kWh/100 km, it maintains a zero CO2 emissions footprint. The Model X Plaid, priced at €114,990, provides unparalleled acceleration for an SUV, reaching 0 to 100 km/h in just 2.6 seconds. Equipped with three high-performance motors with carbon fiber rotors, it also features torque vectoring and enhanced brake pads.
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• Model X: 576 km range, 250 km/h top speed, priced at €99,990.‍
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• Model X Plaid: 543 km range, 262 km/h top speed, priced at €114,990 with Plaid-specific upgrades.‍
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• Environmental Certification: Both models have zero emissions and are rated as CO2 efficiency class A+.

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Our Example: Model X - Dual Motor All-Wheel Drive

The base price of the luxurious Tesla Model X is €99,990 and offers a stunning Ultra Red exterior paint as well as 20-inch Cyberstream wheels at no extra cost, with an estimated range of 625 km. For €2,400, an opulent cream interior color can be chosen, and the walnut décor is also available. A 7-seater configuration is available for €4,200, and the full self-driving package costs €7,500. With all these options, the total price is €114,090, combining luxury, performance, and modern technology.

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1.4 Tesla Model Y

The Tesla Model Y series includes the base Model Y, which costs €44,890 and offers a range of 455 km, reaches a top speed of 217 km/h, and accelerates from 0 to 100 km/h in 6.9 seconds. It is eco-conscious, consuming 15.7 kWh/100 km, while producing zero CO2 emissions. The Model Y Long Range, priced at €54,990, provides an extended range of 533 km, maintains the same top speed, and improves acceleration to 5.0 seconds from 0 to 100 km/h. The top model, the Model Y Performance, for €60,990, pushes the limits with a range of 514 km, a top speed of 250 km/h, and an acceleration from 0 to 100 km/h in just 3.7 seconds. It is equipped with premium features like 21-inch Überturbine wheels, performance brakes, a lowered suspension, and an exclusive interior design.
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• Model Y: €44,890, 455 km range, 217 km/h top speed.‍
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• Model Y Long Range: €54,990, 533 km range, 5.0 seconds acceleration.‍
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• Model Y Performance: €60,990, 514 km range, equipped with premium features, including a carbon rear spoiler and alloy pedals.

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Our Example: Model Y Performance

The base price of the high-performance Tesla Model Y Performance is €60,990, equipped with a dual motor all-wheel drive and a "Performance" package that enables speeds of up to 250 km/h. For a striking design, a Deep Blue Metallic paint is available for €1,600, while a tow hitch can be added for €1,350, and an enhanced autopilot package for €3,800. With all options, the total price comes to €67,740. The model combines style, performance, and innovative technology in one package.

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1.5 Expected Market Trends in Germany in 2025

• Price Drop: Average price of used Teslas decreased by 26%.
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• New Incentives: Tax credits and price reductions for new models make them more attractive.
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• Economic Concerns: Buyers are increasingly leaning towards used cars to save costs.
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• Market Dynamics: Rising competition and production capacity are leading to lower prices for used cars.
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Tesla’s pricing strategy aims to make both new and used models more competitive. While prices for new models are decreasing, there is a clear trend toward lower resale values for used vehicles, which could impact the new car market.

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2. Additional Costs in Germany

2.1 Costs for Electric Charging Infrastructure

Electricity for charging currently costs around €0.47/kWh, with charging at stations being up to 140% more expensive than home charging. Major providers like Tesla, Ionity, and EnBW mobility+ offer different tariffs, especially on highways. In comparison, charging electric cars on highways can be more cost-efficient than conventional fuel vehicles. While the landscape is dynamic, future trends, such as decreasing battery costs and efficient charging solutions, point to a promising outlook for electric cars in Germany. For more details, click here.

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2.2 Government Benefits

In Germany, electric cars are initially more expensive to purchase than their combustion engine counterparts, but their operating costs tend to be lower. This is supported by tax regulations. Pure electric cars are exempt from vehicle tax until December 31, 2030. However, this exemption does not apply to plug-in hybrids. Vehicles with high CO₂ emissions are taxed at a higher rate, while those with low emissions benefit from reductions. For example, a BMW i4 eDrive 40 costs €59,800 and has no vehicle tax, while a 430i Coupé Steptronic costs €56,900 and incurs a tax of €159. Although plug-in hybrids are not exempt, they often have lower taxes due to reduced emissions. For all the details, click here.

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2.3 Insurance Premiums

All car owners in Germany must have motor liability insurance. For Teslas, this can be a standard car insurance policy. Coverage types include liability insurance (third-party damage), partial coverage (events like theft), and comprehensive coverage (self-inflicted damage). The costs for Tesla insurance vary, influenced by factors like no-claims discount and the car's type class. To find out your insurance premium for your Tesla, click here.

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3. How Much Does a Tesla Cost Annually? Owning a Tesla

• Insurance: Based on information from Germany, insurance costs for a Tesla can vary significantly. For a comprehensive insurance policy, you could pay over €1,000 per year, but this may fluctuate depending on driving history, car model, and other factors.‍
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• Charging for 10,000 km per year: With 20% fast charging and 80% home charging, the cost will vary. Fast charging at Tesla Superchargers is usually more expensive than home charging. The average price per kWh in Europe is around €0.47. If a Tesla Model 3 has a consumption of about 15 kWh/100 km, you would need 1,500 kWh for 10,000 km. The charging costs would therefore amount to approximately €705 per year, though remember that 20% of this could be slightly higher at Superchargers.‍
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• Tires: Changing tires between seasons can cost between €50 and €100 per tire, including professional changeover and storage. Buying new tires every 3 years can range between €400 and €1,200, resulting in annual tire costs of around €200-€500.‍
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• Maintenance: Regular checks of your Tesla ensure longevity and can enhance resale value. Estimating the average cost of a maintenance check at €300, two annual visits would total €600. However, keep in mind that electric cars generally have fewer moving parts, which can mean less frequent and potentially cheaper maintenance.‍
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• Cleaning: Regular car cleaning, both inside and out, can amount to approximately €250 annually if done monthly at a professional service.‍
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• Home Charging System Maintenance: An annual check to ensure your home charging system functions optimally could cost about €100.

In summary, the estimated annual ownership costs for a Tesla, aside from potential car loan payments, amount to around €2,255 to €3,155. This is a general estimate and can vary depending on individual use and local price differences.

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4. So, What Does a Tesla Cost in Total?

4.1 Costs When Buying New

• Tesla Model S All-Wheel Drive Dual Motor: €107,090‍
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• Tesla Model 3 - Long Range: €68,540‍
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• Tesla Model X - All-Wheel Drive Dual Motor: €114,090‍
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• Tesla Model Y Performance: €67,740

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4.3 Ownership Costs

As outlined above, the estimated annual ownership costs for a Tesla, excluding potential car loans, range from approximately €2,244 to €3,155.

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5. Estimated Resale Value

At Cardino, we can provide the best deal estimates for selling your Tesla after use. While the exact resale value depends on various factors such as age, condition, and market demand, Tesla vehicles, known for their durability and advanced technology, generally have good resale values. You can visit us at Cardino today to get an accurate estimate!

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Conclusion

Tesla offers a wide range of electric vehicles available in Germany, both as new and used cars. The price reductions and planned pricing strategies for 2024 make purchasing a Tesla more attractive to a broader range of buyers. While new Teslas are priced high, the advanced features, ranges, and environmental benefits offer a clear

added value. On the other hand, the used car market can provide significant cost savings and avoid depreciation. However, buyers should also consider potential disadvantages such as decreasing battery health, limited warranty, and the lack of the latest technologies. Overall, Tesla remains an interesting option for those looking to transition to electric mobility, with the final decision heavily dependent on individual preferences and financial considerations.

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FAQ

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How much does a Tesla cost on average in Germany?

The cost varies depending on the model and configuration. New car prices for models like the Tesla Model S start at around €94,990, while the Model 3 is available from €42,990. Used models are often significantly cheaper, with prices starting at about €21,999 for older Model S vehicles.

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What are the annual operating costs for a Tesla?

The annual costs of operating a Tesla in Germany are estimated to be between €2,255 and €3,155. These include insurance, charging electricity, tire changes, regular maintenance, and potential charging station maintenance.

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Is it better to buy a new or used Tesla?

It depends on individual needs and financial capabilities. A new Tesla offers the latest technologies, full warranty, and no wear and tear. A used Tesla, however, is cheaper and avoids the initial depreciation but may come with potential downsides like reduced battery health and a lack of warranty.

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What are the biggest advantages of a used Tesla?

A used Tesla is significantly cheaper, avoids the high depreciation of the first years, and remains an environmentally conscious choice. Additionally, the vehicle’s history provides a better assessment of its reliability and possible issues.

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How do Tesla's price cuts affect the German market?

The price cuts make Tesla models more accessible to a broader range of buyers, increasing market attractiveness. This could further boost Tesla's market share in Germany and put pressure on other manufacturers to offer competitive prices as well.

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