Tesla Prices in Germany: October 2023 Update

From Tesla’s Grünheide base, the electric carmaker aims to double its production to one million vehicles annually, potentially outstripping Volkswagen's historic Wolfsburg plant. Tesla plans to enhance its battery cell production to 100 gigawatt hours yearly. As Tesla's presence in Germany grows, it represents the shifting dynamics in Europe's automotive sector amidst challenges.

But what about the costs? Understanding the true cost of a Tesla in Germany is crucial. It allows consumers to make informed decisions, considering the total investment beyond just the sticker price. Given Germany's evolving electric vehicle landscape and incentives, a comprehensive cost assessment ensures buyers are aware of potential savings and long-term financial implications.

Breakdown of Each Tesla Model's Costs

Tesla Model S

The standard Model S offers a range of 634km, speeds up to 250km/h, and can hit 0 to 100km/h in just 3.2 seconds. Priced at €94,990, it boasts an impressive energy efficiency rating of 17.5 kWh/100km and emits zero CO2. On the other hand, the Model S Plaid, priced at €109,990, is unparalleled in acceleration, going 0 to 100km/h in a mere 2.1 seconds. It offers three high-performance motors encased in carbon rotors and includes several upgrades such as a carbon rear spoiler and 19-inch Tempest wheels.

• Model S: 634km range, 250km/h max speed, €94,990.
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• Model S Plaid: 600km range, 322km/h max speed, €109,990 with added Plaid upgrades.
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• Notable Features: Zero emissions, advanced autopilot options, and optional winter tire-wheel sets for optimal snowy conditions.

Our Example: Model S All-Wheel Drive Dual Motor

The fundamental price for this vehicle is set at €94,990. Complementing its sleek design, the Deep Blue Metallic paint comes as a standard inclusion at no extra cost. Opting for the upscale 21-inch Arachnid-Felgen wheels will add an extra €4,900 to the bill. For those who prefer a luxurious interior contrast, the black and white theme is available for an added €2,400. The premium Walnut decor, coupled with the innovative Yoke Steering feature, comes at an additional charge of €1,000.

Furthermore, to augment your driving experience and safety, the Enhanced Autopilot package is available. Priced at €3,800, it brings along features like navigation assistance and a lane change assistant.

Taking all these additions into account, your customized Tesla Model S would amount to a total of €107,090. This configuration ensures a comfortable journey with a certified range of 634 km on a single charge.

Tesla Model 3

The Tesla Model 3 stands as a benchmark in the electric car sector. The base Model 3, priced at €42,990, offers an impressive 513km range, tops out at 201km/h, and boasts a 0 to 100km/h acceleration time of 6.1 seconds. Emphasizing its eco-friendliness, it consumes just 13.2 kWh/100km and emits no CO2. A step up, the All-Wheel Drive Dual Motor Model 3 with Maximum Range, tagged at €51,990, extends the driving range to 629km while retaining the same top speed but improving acceleration to 4.4 seconds. Additional features include a sturdy tow hitch priced at €1,350 and a comprehensive autonomous driving package available for €7,500.

• Base Model 3: €42,990, 513km range, 201km/h max speed.
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• Model 3 Maximale Reichweite: €51,990, 629km range, 4.4 seconds acceleration.
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• Noteworthy Add-ons: Durable tow hitch and full autonomous driving capabilities.

Our Example: Tesla Model 3 - Maximum Range

The base price for this model stands at €51,990. If you're looking for an added flair, the Ultra Red paint will cost an additional €2,000. The upgraded 19-inch Nova-Felgen wheels come with a €1,700 tag. For those planning to tow, a high-strength steel tow hitch with a removable ball head is available for €1,350; it can handle loads up to 1,000 kg. Interior customization in black and white is priced at €1,200.

For those interested in enhancing their driving experience, the Enhanced Autopilot package, which includes navigation assistance and lane change assistance, is available for €3,800. For the ultimate driving automation, you can opt for the Full Self-Driving Capability at €7,500, which encompasses all functions of the Basic and Enhanced Autopilot, including traffic light and stop sign recognition.

Summing it all up, if you opt for all these features, the total comes to €68,540. This ensures a Tesla Model 3 tailored to your preferences, with a certified range of 629 km per charge.

Tesla Model X

The Tesla Model X and its high-performance counterpart, Model X Plaid, represent a new zenith in electric SUV innovation. Priced at €99,990, the standard Model X offers a commendable range of 576km, can reach speeds of up to 250km/h, and accelerates from 0 to 100km/h in a brisk 3.9 seconds. Sporting an energy efficiency of 19.1 kWh/100km, it maintains a zero CO2 emission footprint. Meanwhile, the Model X Plaid, priced at €114,990, boasts unparalleled acceleration for an SUV, achieving 0 to 100km/h in just 2.6 seconds. Equipped with three high-performance motors encased in carbon rotors, it also features torque vectoring and enhanced brake pads.

• Model X: 576km range, 250km/h max speed, priced at €99,990.
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• Model X Plaid: 543km range, 262km/h max speed, priced at €114,990 with Plaid-specific upgrades.
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• Eco Credentials: Both models have zero emissions and are rated CO2-Effizienzklasse A+.

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

The base price of this luxurious SUV is €99,990. It comes with a captivating Ultra Red exterior paint that's included in the standard package. For the wheels, the 20-inch Cyberstream-Felgen design is offered at no additional cost and promises an estimated driving range of 625 km per charge. Inside, a lavish Creme interior color can be chosen for an added €2,400. To elevate the aesthetics further, the Walnut decor is also available.

For those requiring more seating space, the 7-seater configuration is an option at an extra €4,200. Lastly, for the tech-savvy drivers seeking a taste of the future, the Full Self-Driving package is available for €7,500. This package boasts all features from Basic and Enhanced Autopilot, including traffic light and stop sign recognition.

With all these inclusions, your fully customized Tesla Model X will total €114,090. This SUV guarantees a perfect blend of luxury, performance, and state-of-the-art tech.

Tesla Model Y

The Tesla Model Y series includes the base Model Y, priced at €44,890, offers a range of 455km, reaches a top speed of 217km/h, and accelerates from 0 to 100km/h in 6.9 seconds. It's environmentally conscious, consuming 15.7 kWh/100km and producing zero CO2 emissions. The Model Y Maximale Reichweite, priced at €54,990, provides a longer range of 533km while retaining the same top speed, and boosts acceleration, clocking 0 to 100km/h in 5.0 seconds. At the top tier, the Model Y Performance, for €60,990, pushes the limits with a 514km range, 250km/h top speed, and a 0 to 100km/h time of just 3.7 seconds. It comes equipped with premium features such as 21-inch Überturbine wheels, Performance brakes, a lowered suspension, and an exclusively designed interior.

• Model Y: €44,890, 455km range, 217km/h max speed.
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• Model Y Maximale Reichweite: €54,990, 533km range, 5.0 seconds acceleration.
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• Model Y Performance: €60,990, 514km range, packed with premium features including a carbon rear spoiler and alloy pedals.

Our Example: Model Y Performance

The base price of the high-performing SUV stands at €60,990, which already comes with an All-Wheel Drive Dual Motor. This variant prioritizes performance, as evident from the "Performance" package included at no additional cost. With it, you can reach thrilling speeds of up to 250 km/h. Enhancing its road presence are 21-inch Überturbine-Felgen, coupled with specialized Performance brakes, a lowered suspension for improved aerodynamics, lightweight alloy pedals, and a carbon-fiber rear spoiler.

For those who prefer their vehicles to make a statement, a dazzling Deep Blue Metallic paint is available for an extra €1,600. Practicality isn't compromised, either; a Class II high-strength steel tow hitch is offered for €1,350, suitable for loads up to 1,600 kg. Finally, for those inclined towards advanced tech, the Enhanced Autopilot package can be added for €3,800. This feature aids in navigation and incorporates a lane-change assistant.

Combining all these selections, the total cost for a fully-equipped Tesla Model Y Performance would be €67,740. This represents Tesla's commitment to combining style, performance, and innovative technology in one package.

Additional Costs in Germany

Electric Charging Infrastructure costs

Electricity for charging currently costs around €0.47 c/kWh, with station-based charging up to 140% more expensive than home charging. Major providers like Tesla, Ionity, and EnBW mobility+ offer varying rates, especially on autobahns. When compared, EV highway charging can be more cost-effective than traditional fuel vehicles. Though the landscape is dynamic, future trends, such as decreasing battery costs and efficient charging solutions, suggest a promising horizon for EVs in Germany. If you want to know more details click here.

Government incentives

In Germany, while electric vehicles (EVs) are initially more expensive to purchase than their combustion engine counterparts, their operational costs tend to be lower. This is aided by tax regulations. Until December 31, 2030, pure EVs are exempt from motor vehicle tax. However, this tax exemption doesn't apply to plug-in hybrids. Vehicles with high CO₂ emissions face higher taxes, while those with low emissions benefit from reductions. For instance, a BMW i4 eDrive 40 is priced at €59,800 and has zero motor vehicle tax, while a 430i Coupé Steptronic costs €56,900 and incurs a tax of €159. Plug-in hybrids, although not exempt, often have lower taxes due to reduced emissions. All the details you’ll find here.

Insurance Premiums

All vehicle owners in Germany must have motor liability insurance. For Teslas, this can be a standard car insurance. Coverage types include Motor Liability (damage to others), Partial Comprehensive (covering events like theft), and Full Comprehensive (self-caused damages). The cost of Tesla insurance varies, influenced by factors like no-claims years and the car's type class. If you want to find out your insurance Premium for your Tesla click here.

What does a Tesla cost? Tesla Yearly Cost of Ownership

• Insurance: Based on information from Germany, Tesla insurance costs can vary widely. For comprehensive insurance, you might pay upwards of €1,000 annually, but this can fluctuate based on driving history, the car model, and other factors.
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• Charging for 10,000km per year: With 20% fast charger and 80% home charger usage, the cost will differ. Fast charging at Tesla Superchargers is typically more expensive than home charging. The average cost per kWh in Europe is around €0.47. If a Tesla Model 3 has an efficiency of about 15 kWh/100 km, you'd need 1,500 kWh for 10,000km. Thus, charging costs would be approximately €705 annually, but remember, 20% of this at Superchargers might be slightly higher.
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• Tires: Changing tires between seasons can cost between €50 to €100 per tire for professional swapping and storage. Buying new tires every 3 years can range from €400 to €1,200, making the annualized tire cost around €200-€500.
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• Maintenance: Regularly checking your Tesla ensures longevity and can boost its resale value. Estimating an average maintenance check cost of €300, twice-yearly visits total €600. But keep in mind, electric vehicles generally have fewer moving parts, which can mean less frequent and potentially cheaper maintenance.
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• Cleaning: Regular car cleaning, both interior and exterior, can amount to around €250 per year if done monthly at a professional service.
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• Maintenance of home charging system: A yearly check to ensure your home charging system is working optimally might cost around €100.

In summary, the estimated yearly ownership cost for a Tesla, beyond any car loan payments, can range from around €2,255 to €3,155. This is a general estimate and can vary based on individual usage and local price differences.

So, what’s the total price of a Tesla?

1. Cost of Buying New

• Tesla Model S All-Wheel Drive Dual Motor: €107,090
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• Tesla Model 3 - Maximum 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

2. Cost of Buying Second-Hand

Buying a second-hand Tesla may substantially reduce your initial investment, but these prices can fluctuate based on the car's age, mileage, condition, and any remaining warranty. As of recent listings, a 2020 Tesla Model S starts at €36,775. A slightly older 2019 model is priced from €32,900, while a 2018 version comes in at €23,999. For those looking for the most economical option, a 2017 Tesla Model S is available from €21,999, and it's noteworthy that this specific year is accident-free. As with any used vehicle purchase, potential buyers should always ensure thorough checks and consider the vehicle's history and condition.

3. Cost of Ownership

As listed above, the estimated yearly ownership cost of a Tesla, beyond any car loa payments, can range from around €2,244 to €3,155.

4. Resale Price Estimated:

We, at Cardino, can provide the best deal estimates for selling your Tesla after use. While the exact resale value will depend on various factors like the car's age, condition, and market demand, Tesla vehicles, renowned for their durability and advanced tech, tend to have good resale values. You can visit us at Cardino for an accurate estimate today!

Conclusion

Tesla's rapid expansion in Germany highlights its strong position in the electric vehicle market. The cost of Tesla models varies, with the Model 3 being one of the more affordable options and the Model X being on the luxurious end. Prospective buyers should consider charging costs, which can differ based on home and station charging, as well as government incentives that can reduce the overall expense of owning an EV. Insurance premiums for Teslas vary based on factors like driving history and specific model. Overall, the total cost of ownership encompasses more than just the initial purchase price, but German consumers are increasingly attracted to Tesla's offerings in the evolving automotive landscape.

FAQ

How much does it typically cost to charge a Tesla in Germany?

Electricity for charging is around €0.47 c/kWh. Station-based charging is up to 140% more expensive than home charging. However, EV highway charging can be more cost-effective than traditional fuel vehicles in some cases.

Are there any government incentives for Tesla owners in Germany?

Yes, pure electric vehicles (EVs) in Germany are exempt from motor vehicle tax until December 31, 2030. Additionally, vehicles with high CO₂ emissions are taxed higher, while those with low emissions benefit from reductions.

How much does insurance for a Tesla typically cost in Germany?

Based on information from Germany, the cost of insuring a Tesla can vary widely. For comprehensive insurance, you might pay upwards of €1,000 annually. However, factors like your driving history, the specific Tesla model, and other considerations can affect this amount.