Electric cars have long warranties for their batteries, which is good news. However, if you keep your EV long enough, the warranty will eventually expire. Should you be concerned with your Tesla Model 3's battery after five years and 120,000 miles?
Our friend Andy Slye owns a Tesla Model 3 and is clearly a seasoned Tesla owner. It's a 2018 model and he just passed 120,000 miles. If he had to replace the battery right now, it might cost him over $16,000. However, Slye reminds us that over the course of the last several years, he's saved a lot of money by not paying for gas or oil, not to mention other fluids or typical maintenance that would have been required of a gas car.
