Tesla Repair & Insurance Costs in China Are Half Those of Other Luxury Brands Like Mercedes, BMW, Audi

 Photo: Tesla

According to data recently published in China, the cost of repairing Tesla cars, as well as the cost of insurance for them in the country, is approximately 50% cheaper than other luxury brands such as Mercedes, BMW, Audi, and Cadillac. This leads to the conclusion that the cost of ownership of Tesla is significantly lower than its gasoline counterparts, not only in terms of charging and maintenance but even in the event of a car accident or breakdown.

Tesla released an official aftermarket price list recently. According to published information, most of Tesla's repair and maintenance prices are only about 50% of that of traditional luxury vehicles such as Mercedes-Benz, BMW, Audi, and Cadillac.

According to official information, all Tesla stores across the country maintain the same prices for general service items, parts, and technical, electrical, and mechanical services, which guarantees equal costs for customers no matter where they are located.

Source: sohu.com

Tesla's low maintenance costs seem to be mainly due to the fact that its stores and direct selling models do not rely on after-sales profits, while about 70% of profits in the traditional automaker's store model come from aftersales services.

Source: sohu.com 
Translated into English: Tesmanian

In addition, when it comes to insurance, Tesla has also provided a lower rate plan than traditional luxury brands. The table shows that the current annual cost of insurance for Tesla Model 3 is around 5,000 RMB, while insurance for models of the same tier of traditional luxury brands is around 8,000-11,000 RMB, which is about twice as high.

Source: sohu.com 
Translated into English: Tesmanian

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