A recent study by S&P Global Mobility revealed that the primary obstacle to widespread adoption of electric vehicles (EVs) continues to be their high prices.
While purchasing a used EV may seem like a cost-effective solution due to depreciation, potential concerns about expensive battery replacements arise, especially with aging models. But just how much does a battery replacement for a Tesla, one of the most prevalent EV brands, cost?
Examining Tesla Battery Longevity
Before delving into battery replacement costs, understanding when this becomes a consideration for used Teslas is crucial. Tesla’s battery life varies based on factors like charging habits, temperature exposure, and driving behaviors.
Elon Musk indicated in 2019 that Tesla’s battery modules could last between 300,000 to 500,000 miles, equivalent to approximately 1,500 charging cycles.
While this lifespan surpasses conventional gas-powered vehicles, Tesla’s warranty typically covers up to 150,000 miles for Model S and Model X, or 120,000 miles for Model Y and Model 3, offering insight into when significant battery degradation may begin.
Estimating Tesla Battery Replacement Expenses
Determining the exact cost of replacing a Tesla battery poses challenges due to various factors such as the model, vehicle age, battery pack size, and labor costs.
According to a 2023 study by Recurrent, EV battery replacements across all brands range from approximately $5,000 to $20,000, with a low battery failure rate of 1.5%. However, specific figures can vary significantly.
Elon Musk’s 2019 tweet suggested that replacing battery modules in a Model 3 would cost between $5,000 to $7,000. Yet, a real-world example from Recurrent revealed a 2020 Model 3’s battery replacement cost around $15,800, inclusive of labor, exceeding Musk’s estimate. Labor costs are substantial, and DIY replacements are not feasible, further adding to expenses.
JD Power offers estimates for Tesla battery replacements, indicating at least $13,000 for a Model 3, $13,000 to $15,000 for a Model S, and at least $14,000 for a Model X. A 2022 Model Y battery replacement, as per Jerry, falls between $10,500 and $12,500.
Real-life instances illustrate the wide range of potential costs. For example, reports include a 2018 Model 3 Long Range replacement costing $13,093, while a 2012 Model S required a $16,579 battery replacement, significantly impacting its value.
Checking Battery Degradation and Maintenance
For prospective Tesla buyers, evaluating battery degradation can provide insights into potential future costs. A simple calculation involving the battery’s current estimated range compared to its original range helps gauge degradation. Tesla’s warranty covers replacements if the battery drops below 70% capacity within the warranty period.
Owners can adopt practices to prolong battery life, such as avoiding prolonged exposure to heat, utilizing household charging over DC fast charging, and maintaining a state of charge between 20% and 80%, as advised in the owner’s manual.
In essence, while Tesla’s battery replacements vary in cost, often exceeding $10,000, understanding battery longevity and implementing maintenance practices can mitigate future expenses and ensure optimal performance of used Teslas.
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