logo
What Does It Cost To Charge a Tesla Monthly Compared To Gas for a BMW 3 Series?

What Does It Cost To Charge a Tesla Monthly Compared To Gas for a BMW 3 Series?

Yahoo27-07-2025
Electric vehicles promise a lot, including lower emissions, less maintenance and high-end tech. But for everyday drivers, the real question is simpler: How much does it actually cost to run one? Not the sticker price or tax incentives. The monthly cost to keep it moving.
Consider the Tesla Model 3 and the gas-powered BMW 3 Series, two well-known sedans with similar performance. One charges up, the other fills up. And when you break down the costs, the gap between them gets surprisingly wide.
Check Out:
Read Next:
Charging a Tesla
The Tesla Model 3 rear-wheel drive (RWD) has an EPA-estimated range of 272 miles and a usable battery capacity of 57.5 kilowatt hours (kWh), according to Green Cars Compare. This translates to an efficiency of about 4.61 miles per kWh under ideal conditions.
Assuming an average monthly driving distance of 1,200 miles, the Tesla would use roughly 260 kWh of electricity each month. At the current U.S. average residential electricity rate of 17.45 cents per kWh, according to Choose Energy, monthly charging costs come to about $45.37.
Using Tesla Superchargers or other public fast chargers, which typically cost between 40 and 60 cents per kWh, will raise the monthly cost accordingly if relied upon frequently.
Discover More:
How Long Does Charging Take?
Charging time depends on how and where it's done, according to the Department of Transportation.
Level 1 (120V outlet): Two to five miles of range per hour. A full charge could take 40 to 50 hours — only useful for very light driving.
Level 2 (240V home charger): 10 to 20 miles per hour. Fully recharges in about 4 to 10 hours.
Tesla Supercharger: A charge to 80% typically takes 20 minutes to an hour, and adds 180 to 240 miles.
Fuel Cost for a BMW 3 Series
A 2025 BMW 330i averages around 31 miles per gallon combined, according to Edmunds. Driving 1,200 miles per month means buying about 38.7 gallons of gas. At $3.16 per gallon, the national average as of July 2025, that works out to $122.41 per month.
Charging a Tesla Model 3 RWD at home costs about $45 per month, while fueling a BMW 3 Series averages around $122 per month. That's $77 in monthly savings, or $924 annually, just on energy expenses if you choose the Tesla over the BMW.
Cost Per Mile
Tesla: Uses about 0.22 kWh per mile, with a cost of $0.1745 per kWh. This comes out to roughly 3.8 cents per mile.
BMW 3 Series: With gas prices around $3.16 per gallon and an average fuel economy of 31 miles per gallon, the cost comes to about 10 cents per mile.
Other Cost Considerations
Electric vehicles like the Tesla avoid many routine maintenance expenses common to gas cars, such as no oil changes, no spark plugs and no emissions tests. Regenerative braking also extends brake life, reducing replacement frequency.
BMW owners typically face higher maintenance and repair costs, especially as the vehicle ages, along with fluctuating fuel prices that can spike unexpectedly. In contrast, electricity prices tend to be more stable and predictable.
More From GOBankingRates
25 Places To Buy a Home If You Want It To Gain Value
This article originally appeared on GOBankingRates.com: What Does It Cost To Charge a Tesla Monthly Compared To Gas for a BMW 3 Series?
擷取數據時發生錯誤
登入存取你的投資組合
擷取數據時發生錯誤
擷取數據時發生錯誤
擷取數據時發生錯誤
擷取數據時發生錯誤
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

What To Expect From Uber's (UBER) Q2 Earnings
What To Expect From Uber's (UBER) Q2 Earnings

Yahoo

time4 minutes ago

  • Yahoo

What To Expect From Uber's (UBER) Q2 Earnings

Ride sharing and on-demand delivery platform Uber (NYSE:UBER) will be reporting results this Wednesday before the bell. Here's what you need to know. Uber missed analysts' revenue expectations by 0.5% last quarter, reporting revenues of $11.53 billion, up 13.8% year on year. It was a mixed quarter for the company, with strong growth in its users. It reported 170 million users, up 14.1% year on year. Is Uber a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Uber's revenue to grow 16.6% year on year to $12.48 billion, in line with the 15.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.82 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Uber has missed Wall Street's revenue estimates three times over the last two years. Looking at Uber's peers in the consumer internet segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fiverr delivered year-on-year revenue growth of 14.8%, beating analysts' expectations by 0.9%, and Shutterstock reported revenues up 21.3%, topping estimates by 7.5%. Fiverr traded down 11.7% following the results while Shutterstock's stock price was unchanged. Read our full analysis of Fiverr's results here and Shutterstock's results here. Investors in the consumer internet segment have had steady hands going into earnings, with share prices up 1.5% on average over the last month. Uber is down 8% during the same time and is heading into earnings with an average analyst price target of $100.54 (compared to the current share price of $88.90). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

SoftBank Builds Nvidia, TSMC Stakes Under Son's Focus on AI Gear
SoftBank Builds Nvidia, TSMC Stakes Under Son's Focus on AI Gear

Bloomberg

time6 minutes ago

  • Bloomberg

SoftBank Builds Nvidia, TSMC Stakes Under Son's Focus on AI Gear

SoftBank Group Corp. is building up stakes in Nvidia Corp. and Taiwan Semiconductor Manufacturing Co., the latest reflection of Masayoshi Son's focus on the tools and hardware underpinning artificial intelligence. The Japanese technology investor raised its stake in Nvidia to about $3 billion by the end of March, up from $1 billion in the prior quarter, according to regulatory filings. It bought around $330 million worth of TSMC shares and $170 million in Oracle Corp., they show.

Owners of cargo ship that crashed into Baltimore bridge sue company that built vessel
Owners of cargo ship that crashed into Baltimore bridge sue company that built vessel

Washington Post

time24 minutes ago

  • Washington Post

Owners of cargo ship that crashed into Baltimore bridge sue company that built vessel

ANNAPOLIS, Md. — The owners of the cargo ship that crashed into the Francis Scott Key Bridge are suing the company that built the vessel, alleging negligence in the design of a critical switchboard on the ship. Grace Ocean Private and Synergy Marine PTE Ltd, the owners of the Dali, filed the lawsuit last week against Hyundai Heavy Industries in U.S. District Court for the Eastern District of Pennsylvania.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store