In-depth reviews

Tesla Model X running costs

The Tesla Model X is an expensive car for private buyers, but running costs are low and it's good value for business users

Overall rating

4.0 out of 5

Running costs rating

4.0 out of 5

Price
£81,990 - £116,290
Fuel Type:
Electric
Insurance groupWarrantyService intervals2021/22 company-car tax cost (20%/40%)
504yrs / 50,000 miles1yr / 12,500 milesFrom £182 / £364

The Tesla Model X is an expensive car – that’s the long and short of it. Prices start at just over £90,000 for the Long Range, rising to over £110,000 for the range-topping Plaid. Even by Range Rover standards, that’s pricey for a retail buyer. Monthly prices aren’t cheap, either, and Tesla seldom offers interest-free finance.

Business users, however, might find the Tesla a more affordable proposition. For the lucky few whose company-car allowance will stretch to the Tesla’s lofty price, it’s well worth considering, if only for the huge saving you’ll make on company-car tax. A total absence of CO2 emissions means the Model X sits in the lowest bracket for BiK company-car tax: just 1% and 2% in 2021/22 and 2022/23 respectively. That's peanuts compared to what you'd pay for a diesel SUV.

Of course, the Tesla gets free access to the London Congestion Charging zone until October 2025 and you’ll pay far less to fuel it than a petrol or diesel car. It should cost around £12.50 to charge the Tesla at home, depending on your tariff, while public rapid chargers are likely to cost around £18. Tesla Superchargers cost of 20p per kWh, after you’ve used up an annual free allowance of 400kWh (around four full charges).

Tesla Model X insurance group

All versions of the Tesla Model X fall into the highest insurance group – as do many performance SUVs – and therefore will be expensive to insure. Make sure you get a quote before buying.

Warranty

The Tesla Model X is covered by a four year/50,000-mile warranty, which is supplied by AXA insurance rather than Tesla itself, and it can be extended up to eight years. The batteries are covered by an eight-year/unlimited-mileage warranty.

Servicing

A lot of electric cars have long service intervals, since there’s less to check, as their motors have far fewer moving parts than a diesel or petrol engine. However, Tesla recommends an inspection every 12,500 miles or 12 months; a routine interval for most combustion-engined cars.

Tesla also recommends that you connect the Model X to your home wi-fi in order to get the fastest download times for automatic software updates, which will see certain functions and systems in the car changing and improving overnight – just as your phone does when you update the operating system. 

Road tax

Like all fully electric cars, the Model X is currently exempt from road tax (VED).

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