In-depth reviews

Tesla Model S costs, insurance, warranty & tax

The running costs of the Tesla Model S are very low, but the asking price is sky-high

Overall rating

4.0 out of 5

Running costs & insurance rating

3.5 out of 5

£73,990 - £138,990
Fuel Type:
Insurance groupWarrantyService intervals2021/22 company-car tax cost (20%/40%)
504yrs / 50,000 miles1yr / 12,500 miles£168/£336

Starting from just under £84,000, even the most basic Tesla Model S isn’t cheap. The Jaguar I-Pace starts from just over £65,000, and while that isn’t what you’d call affordable, it does at least highlight the premium you’re paying for Tesla’s technology.

The good news is that running costs are typically low. A Model S Long Range can be topped up at home for around £12, or even less using cheaper night-time electricity rates. The Tesla Model S is Congestion Charge-exempt in London until October 2025; this could save you £15 every time you drive through the centre of the UK's capital.

Tesla Model S insurance group

All versions of the Tesla Model S are in insurance group 50 – the highest possible bracket – mainly because of its rapid acceleration and high replacement cost. Unsurprisingly, Model S policies won’t be cheap.


The Tesla Model S comes with a four-year/50,000-mile warranty, while the battery is guaranteed for eight years and an unlimited amount of miles in that time.


Tesla recommends that the Model S be serviced every 12 months or 12,500 miles, whichever comes first. Tesla offers three and four-year maintenance plans for its vehicles, covering consumables such as wiper blades and brake fluid. These plans should help keep costs more transparent and manageable in the long run.

Road tax

As an electric car, the Tesla Model S emits no tailpipe emissions at all, so there's no road tax (VED) to pay.

Most Popular

Top 10 best plug-in hybrid SUVs 2021
DS 7 Crossback E-TENSE
Best cars

Top 10 best plug-in hybrid SUVs 2021

The finest plug-in hybrid SUVs offer low running costs, enough electric range for daily use and excellent practicality. These are the best plug-in hyb…
27 Jul 2021
Top 10 longest range electric cars 2021
Mercedes EQS
Best cars

Top 10 longest range electric cars 2021

Avoid range anxiety by choosing one of these: the longest-range electric cars you can buy in the UK right now
28 Jul 2021
Top 10 best plug-in hybrid cars 2021
Skoda Superb iV
Best cars

Top 10 best plug-in hybrid cars 2021

Plug-in hybrid cars are great for keeping fuel and company-car tax bills low. Here are the best ones to buy in the UK right now
27 Jul 2021