I’m really considering buying a Tesla after 3 years of not goin electric

Make the switch But how have you gone through three cars in three years?

Do you own a home? If not, do you rent a garage with 240v for charging? If not then not likely a good idea but that depends on where you live. But most of your perceived savings will be spent on supercharging. And if you live in very cold region then another negative against going EV. The fact that you haven’t owned a car for more than a year tells me you are not mature and are not ready to settle down with a single car or the compromises associated with an EV.

Can’t state the importance of being able to charge at home, especially if a Tesla is your daily driver. Using super chargers is not very efficient, it’s not awful but I drive 100 miles every day and there’s no way I would own a Tesla if I couldn’t charge at home.

do it

Yes, the cost savings are not as significant having to level 3 charge exclusively.

Thanks for your reply I know I’m not at that level of owning a car and keep it for more then a year same goes with a home as i live with my parents still me being 100% honest. However I feel like if I make the switch to an electric car I will feel like I will save way more money and use it for a home deposit in the future

I just like cars man and for me I like switching up cars as they just become out dated for me. I know there will be people that say just stick with one car etc but I’m not at that mindset yet. I’m just trying to enjoy my youthful days and make what makes me happy

Unless you drive a ton, you aren't saving much and probably losing money vs just paying off what you have and driving it. Especially considering insurance cost. Buying another depreciating asset for savings isn't the move

Let me be honest with you. Stop wasting your $$$, pay off what you have, save up and move out and live on your own. Once you’ve established yourself and have your own home then consider the EV. Doing the home charging is the huge advantage of driving an EV. Anything else is as costly with the added inconvenience of sitting around charging. Additionally if you just started driving you are probably a bad driver, everyone is when they first start driving. And with that comes accidents and damage to vehicles. If you’re living at home you don’t have $$$ to be fixing cars so keep what you have and save up for repairs and pay it off. Sorry if the truth hurts but you should be focusing on more important priorities. Such as establishing yourself, finding a good job to build a career, buying a home and quite frankly moving out of yours parents basement is the first step!

Do what makes you happy man! If you want a Tesla maybe try leasing if you’re more of a short term guy

After college, I moved back to my mom and dad’s house. It made them happy, and gave me time to acclimate to my new career. After a year or two, I got the itch to move out into an apartment. My mom suggested, “why don’t you stay at home? Think of all the money you would save on rent! If you live here, we will help you buy a Porsche boxter!” So great! I would have this awesome car…. And no where to take the sweet ladies…

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I also work at a retail supermarket as a department assistant manager 5 days a week 40hrs a week full time and I do not live in my parents basement as I’m not at a stage where I got no job and live for free in my parents house and do nothing all day. I’m 23yrs old and at the end of the day tomorrow is not granted and I’m just trying to enjoy my life before I have to focus on the big things

I have got a charging place 5 minutes away from where I live actually and have checked out the chargers they are the new Tesla superchargers idk how fast they will charge an electric vehicle but yeah I’ve got one I can go to when I buy a tesla in a safe public place 5 minutes away from me

Sounds like you have money to burn. In that case take the Tesla but install a charger in your parents house. I'm assuming they have a garage or parking facility on their property. Convince them and get it done. Then don't be surprised when you show off FSD to your parents, they might go with a Tesla as well. This is what happened in my case. Commandeered my dad, installed a charger in their garage because I visit so often. Forced him into my Tesla with FSD and 15 minutes later he was shocked that he never knew Tesla cars drove by themselves. A week later he ordered his own MY and now mom is fighting to get one for herself. I told them if they had listened to me instead of Big Oil propaganda, they could have saved $11000 a year ago, each.

It’s nice to have something close! It generally takes about 20-30 minutes to charge 50% of the battery. That gets old pretty quick if you can’t charge over night.

That’s so cool man! Yeah haven’t discussed anything with them yet as I’m really now considering getting one but yeah that something I will do for sure when I get a Tesla and yeah our garage can fit two cars (other cars sit outside the house) basically got one free spot which that’s where I’ll park my car and where the charger will go potentially if all goes to plan

Yeah correct man, it got installed there last year but before the chargers there use to be where you can drop of clothes and items for donations which is kinda sad but yeah now it’s just new super chargers. Is it ok if I can actually ask a question about the charging point? When I went and test drove the m3p I asked the sales man if it needs to be charged to 100% every time he said yes but upon research depending on what model you get the m3p needs to be charged up to 80% only but I’m not 100% sure about this.

Charge to 80%. Past that it slows down and is not good for the battery to be kept at.

Get the Tesla. And home charging if you can.

Home charging is super important, and be sure to take into account higher insurance cost on a car that smokes most sports cars (especially since you are so young) which eats up the savings from going electric.

I highly suggest you sub to and read /r/personalfinance for some time before making any more car decisions. Cars are super fun and cool and all but they can make you make bad decisions that will hurt you financially for your whole life. Without knowing anything about your income, or life, i will say that most 23 year olds aren’t in a position to afford something like a M3P, especially considering full coverage insurance costs. I know you didn’t come here for a lecture on money or anything, and for all I know you may have a trust fund or loaded parents or are making 6 figures or whatever. The car is awesome. I have a 22 M3P and it’s a better more fun car than the 300ZX twin turbo I drove years ago. It also can take my kids to school which is something the Z car can’t do.

There’s no way the sales rep told you that it had to be charged to 100%… that’s like saying you have to charge your phone to 100% before you use it, I charged my M3 to 20% at a supercharger because I was low on battery and had to do a few errands before I got home to charge overnight. With that said, it’s obvious you like fast cars, I’d start with a M3 Dual Motor, doesn’t need to be performance even a standard would be fast enough for you. Less maintenance and less chance of you ending up totaling your car, oh and also learn how to use the manual door release so you end up stuck if/when you crash

Do it. No more oil changes or fuelling up petrol. And instant torque. And the dollar/acceleration time cannot be beat by ice. And all the little things become easier (no need for key fobs, just Bluetooth phone, open car door, get in drive, get out and walk away, other cars equal key fob, unlock car, turn on engine, drive, turn off engine, get out, lock car, walk away)

Check your insurance rates first...

If you are saving money for a home then just get a crappy car that does the job for now. Nice cars come later.

the other day someone asked about my other car in the background of the photo. The Tesla isn't a replacement for a proper racecar. it's a great daily driver and it can be fast for the occasional drags, but.. Hard to compare really. https://preview.redd.it/gbgxy8o8n8ng1.jpeg?width=3712&format=pjpg&auto=webp&s=367fbd3f8242d195a39510512da20e223bca51a6 It's like having a nice luxury sedan that's also capable of going fast, vs a built Honda Civic with a swapped motor that was designed to JUST go fast. But there's something about old analog machines that I keep coming back to. The sound of the door thump as I close it, inserting the key and hearing the dings from the electricals firing up, and then the car actually turning over with a semi loud exhaust. Then I rev it a little bit, sometimes revving as high as 5.5k where my launch rev limiter is and hearing the fuel cut - bap bap bap bap, and then letting the revs fall back down to idle - the car's anti lag pops as the revs come down. And then I finally decide to take off. The tactile feeling of stepping down on the clutch, shifting it into first gear - gas all the way down - full power, the tires spinning because there's no real traction that prevents it, unlike the Tesla. Seeing the speedometer and tach fly up and down as the wheels do not know how fast they're really going, spinning fast but not getting the grip it needs to move down the straight-away. And then I hit the end of first gear and have to let off the gas just briefly, the car goes pssssh, quickly shifting into second gear and then back on the gas. At the end of the straightaway, I'm hitting the brakes to stop at the next light. The raw sounds engine and brake sounds, the smell of the clutch, brakes, and the tires.. It may be something that my children will never experience, but the Tesla is very unlike this. It's quick with no drama.

Using superchargers costs as much, if not (now) more as premium gasoline. You want home charging for costs savings and the many other benefits, like waking up every day with a full charge.

Might want to do some math on that. If you're charging at home, absolutely, it's crazy cheap to drive electric. If you're only using superchargers, not so much, it's usually pretty close to gas (in my experience). Home charging is what really makes driving electric cheap and convenient. Might also want to get an insurance quote before thinking an M3P is going to save you a ton of money.

Shuffling through what will be your 4th car at age 23, why are you wasting so much money…

Bro teslas literally drive themselves, these other cars are relics. Get a tesla. It’s hot. But try to get one with hardware 4.

Yessir!