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Tesla Model 3 vs Toyota Camry
Find out the true cost of ownership! Tesla's battery replacement frequency is the key.
- Scenario 1: Total Cost of Tesla Model 3
- Scenario 2: Total Cost of Toyota Camry
- Which One Is Higher (%)
Look at the growing trend of both options. The Tesla costs more to start with, and the battery replacement really hurts its cost-efficiency in the long run.
Try your numbers:
Enter the estimated frequency for Tesla battery change:
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- AmountAny single amount ($).
- Cash FlowRent, insurance premium, salary, ...
- Current AssetReal estate, commodity, bonds, ...
- Installment LoanMortgage, car loan, ...
- PercentageAny percentage value (%).
- Years / MonthsAny time horizon.
- AgeShow "Age" instead of "# Years from Now."
- Retirement Age (requires Age)Enable "Investment Return After Retirement."
Time Value Assumptions
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How is Cash Value calculated?
Purchase Price + Electricity + Yearly Maintenance + Battery Replacement
Decisions / Expectations
(Expressions are evaluated at Year 0 only.)
Calculations
(Expressions are evaluated at every year.)
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- Buy AssetBuy an asset growing at its own rate.
- Take Installment LoanTake a mortgage, loan, etc.
- InvestReceive/Spend a lump sum.
- Expect to InvestExpect to receive/spend a lump sum.
- Expect Monthly Cash FlowExpect to receive/spend cash monthly.
- Expect Yearly Cash FlowExpect to receive/spend cash yearly.
- Define Variable (Numerical)Calculate an intermediate value.