Latest news with #RobDillan
Yahoo
28-07-2025
- Automotive
- Yahoo
What Does It Cost To Charge a Tesla Model 3 vs. a Tesla Model Y?
If you've been considering buying a Tesla Model 3 or Model Y, one major factor to think about is charging. While both have a sleek design, deliver on performance and have an impressive range, they slightly differ when it comes to how much you'll spend at a charging station. Learn More: Check Out: To help determine which model gives you the most miles for your money, here's a detailed breakdown of what it really costs to keep each model powered up. The Model 3 Charging Costs The Model 3 is Tesla's most affordable model with a base price of $44,130, per Car and Driver. It can go 363 miles on a single charge and is pretty efficient, according to Rob Dillan, automotive expert and founder of EVhype. 'It will likely cost about $10.95 for a full charge, which is about $0.04 to $0.05 per mile (or about 3.76 to 4.67 cents per mile depending on model and driving conditions),' he said. 'The Model 3 is equipped with a battery pack somewhere between 70 kWh and 94 kWh, depending on the version. It's typically about 85% efficient, which results in less energy being emitted during charging, making Model 3 one of the cheapest [electric vehicles] EVs to drive on the road today.' Consider This: Model Y Charging Costs The Model Y is a midsize EV with a base price of $44,990, per Edmunds, that offers a quiet powerful ride and can go up to 357 miles on a full charge. It is a little pricey to plug in, however. 'Charging a Tesla Model Y to full at home will cost you about $14.39,' Dillan said. Depending on if you have the Model Y Long Range or Model Y Performance, it will cost 4.31 to 4.75 cents per mile to charge. 'The Model Y's battery pack is larger than the Model 3's, typically ranging from 91 kWh to 92 kWh, and provides a range of approximately 303 to 330 miles with a full charge,' Dillan explained. 'The battery also has the same approximate 85% efficiency as the Model 3, so it achieves some impressive miles while staying pretty efficient.' Tesla Model 3 and Model Y Charging Cost Comparison If you're looking at the models from purely a financial standpoint, the Model 3 is cheaper. 'The Model Y has a bit higher charge cost due to its bigger size and range, but it has more capacity and usability for families and people who require special cargo,' Dillan said. 'On the whole, both of them are relatively cheap to charge. The decision between the Model 3 and Model Y comes down to what you're after — if you're looking for something cheaper, then go for the 3, but if you need the extra space in a sleeker package, then go for the Y.' Other Factors To Consider If you've been considering buying a Tesla, now is the time. President Donald Trump has ended tax credits for EVs, but qualified buyers can take advantage of the Clean Vehicle Credit (CVC) until Sept. 30, 2025 and save up to $7,500. However, there's pros and cons to owning a Tesla, according to Lauren Fix, award-winning auto Expert and analyst with The Car Coach. Pros Tesla's nationwide Supercharger network is the most expansive and reliable in the U.S., offering fast, convenient charging that makes long-distance travel far easier than with most other EV brands. The Tesla Wall Connector allows efficient home charging — adding up to 44 miles of range per hour — and integrates with Tesla's app for monitoring and scheduling. This closed-loop charging experience is seamless and user-friendly. Cons Tesla's chargers are optimized for Tesla vehicles, limiting flexibility if you switch brands, though adapters are now more widely available from Ford, Hyundai, BMW and others. This limits the open spaces for charging at Tesla chargers as drivers compete for charging bays. The Tesla Wall Connector and its installation can be costly, and access to Superchargers is sometimes limited for non-Tesla EVs — even as Tesla begins to open the network. Peak charging fees and idle fees at Superchargers can add up quickly, and Tesla's proprietary approach means you're more locked into their ecosystem than with a vehicle that uses the more universal combined charging system (CCS) standard. Owning a Tesla is an exciting driving experience that's cost-effective when you know how to maximize the savings. 'While the overall convenience is high, buyers should weigh long-term brand commitment, regional charging availability and total infrastructure costs when deciding,' Fix said. More From GOBankingRates 4 Affordable Car Brands You Won't Regret Buying in 2025 This article originally appeared on What Does It Cost To Charge a Tesla Model 3 vs. a Tesla Model Y? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-07-2025
- Automotive
- Yahoo
6 Used Luxury Cars Retirees Should Avoid
Driving a luxury car is one way to reap the reward for years of hard work, but not all high-end vehicles age gracefully — or affordably. According to the Federal Reserve Bank of St. Louis (FRED), it takes an average of $5,000 a month to live comfortably in your golden years and transportation costs are $9,033 per year, which could easily skyrocket with the wrong vehicle. Discover More: Read Next: For retirees living on a fixed income, certain used luxury models can become money pits, thanks to costly repairs, expensive parts and declining reliability. Before you splurge on that dream ride, take a look at the used luxury cars experts say retirees should steer clear of to avoid taking a serious bite out of your savings. While it's famous for its luxury and performance, it's also famous for being expensive to repair and maintain. According to CarEdge, the 7 series will run around $15,991 for maintenance and repair costs during their first 10 years of service, which is $4,007 more than other luxury brands. In addition, there's a 47.1% chance that a BMW vehicle will need a pricey repair in that time frame. 'The electronics, air suspension and various parts of the drivetrain can be costly to repair, and common issues include both engine and transmission woes that can develop into very expensive issues over time,' Rob Dillan, automotive expert and founder of EVHype said. Consider This: The Land Rover Range Rover has a luxurious interior and off-road ability, but high maintenance expenses. 'For models from 2002 to 2012, you can face $19,000 in repairs over 10 years for things like air suspension failures and electrical issues,' Dillan said. CarEdge also puts the amount of repairs around that figure. The site estimates $20,136 for maintenance and repairs during its first 10 years of service, which is $7,642 more than other luxury SUV models. Plus, there's a 51.26% chance a Land Rover Range Rover will need expensive repairs within the first decade. Mercedes S-Class is known for luxury and features, but it can be expensive to maintain, particularly for older cars. In the first five years of ownership, expect to shell out $12,406 for maintenance and repairs, per Edmunds. 'Air suspension and electrical repairs can add up and make it a less dependable option for retirees,' Dillan explained. The Audi A8 is a sleek design and high performing full-sized sedan, but it puts a dent in your savings. 'High repair costs are another common complaint with the otherwise solid-performing Audi A8,' Dillan said. 'That air suspension, in particular, can be a nightmare and costly to retrofit. Even the technology systems in those cars typically need to have repairs done after several years, further contributing to the expense.' In the first 10 years of service, CarEdge estimates it will cost owners $10,618 for maintenance and repairs, which is $828 more than the industry average. In addition, there's a 27.7% chance of a big repair needed in that time period. It may not be very reliable, which is bad news for retirees and car owners, but the Jaguar XJ is a beautiful and stylish car. 'Maintenance costs — especially for the engine and the electrical systems — can be expensive. Older ones in particular may be in need of frequent repairs,' said Dillan. According to CarEdge, in the first decade of ownership, Jaguar models typically average $15,662 for maintenance and repair costs — that's $3,678 more than the industry standard. There's also a high chance — 44.9% — that something major can happen in the first 10 years. The Porsche Panamera delivers world-class performance, but ownership costs are quite a barrier. 'The repair and maintenance costs can easily reach the thousands, especially with your transmission and suspension,' said Dillian. It's not cheap to take care of a Porsche and the brand doesn't hide it. According to Porsche West Palm Beach, it's here's what owners could look at cost-wise: Routine service: $300 to $800 Major service needs to be done every 40,000 to 60,000 miles: $1,200 to $2,500 New brakes: $1,500 to $3,000 Transmission service: $800 to $1,500 Before purchasing a luxury car, or any car, research what the associated costs are like insurance, gas, repairs and maintenance to ensure you won't blow your budget and can still live prosper in retirement. Editor's note: Photos are for representational purposes only. More From GOBankingRates 25 Places To Buy a Home If You Want It To Gain Value This article originally appeared on 6 Used Luxury Cars Retirees Should Avoid
Yahoo
06-04-2025
- Automotive
- Yahoo
5 Best Luxury SUVs In 2025 Under $40k
You don't have to go broke buying a luxury SUV. There are great options that cost less than $40,000. Read More: Find Out: Luxury SUVs offer plenty of perks, but they can be expensive. Fortunately, not all break the bank. There are a few affordable models you can get without compromising on style and comfort. While there are many SUVs that cost a fortune, you can have the perfect blend of performance, features and value for don't have to settle for less to get a luxury SUV. Here are five SUVs to consider for less than $40,000. Price: $36,041 The 2025 Alfa Romeo Tonale is a plug-in hybrid that offers more than its chic sporty look. According to Edmunds, it's a quick, fun ride thanks to its fast acceleration and handles well. Plus, it's pretty comfortable considering it's a smaller SUV, and you can't beat the price point. Discover Next: Price: $37,715 Known for its reliability, comfort and quality, Lexus has been a long-time favorite among consumers because they're built to last and won't give you sticker shock. According to a 2025 J.D. Powerhouse study, Lexus ranks #1 as the highest overall in vehicle dependability for the third year in a row. It's also a budget-friendly luxury SUV that car experts love. 'The Lexus UX Hybrid is a premium compact hybrid car, featuring Lexus's distinguished reliability,' Rob Dillan, automotive expert and founder of EVhype said. 'It's also highly ranked in terms of gas mileage. The UX Hybrid boasts a high-end cabin and advanced security systems, making it perfect for urban commuting, complete with green living and high style.' Price: $37,895 The 2025 Buick Envision is a premium SUV that boasts a quiet, impressive ride, according to Edmunds and has alluring features such as a massing driver's seat, enhanced automatic parking assist, and wireless Apple CarPlay/Android Auto. It's an attractive pick and a good price, according to Dillan. 'The Buick Envision combines modern technology and American craftsmanship into a refined, comfortable interior and a quiet ride, making it a great choice for those looking for an affordable luxury crossover with bold design elements.' Price: $39,485 With its sleek design and exciting features, the 2025 Lincoln Corsair oozes luxury and class and it's a top choice for Dillan. 'The Lincoln Corsair is a deep refinement that ushers you into a quiet, luxurious ride with wondrous interior decor and modern tech, intuitively balancing high-end comfort with performance in an affordable luxury SUV under $40,000.' Price: $39,800 Coming in at just under $40,000 is the 2025 Audi Q3. If you're in the market for a luxury SUV but don't want to pay big bucks, the Q3 is a comfortable ride, offers a spacious interior and is all around a good option, according to Edmunds. According to Dillan, 'Being a well-balanced package of luxury and performance, the Audi Q3 is better known for its dynamic performance, advanced infotainment, premium-equipped cabin, along [with] precise German engineering.' Splurging on a nice SUV doesn't mean you have to wipe out your savings or take out a big high-interest loan. There are cost-effective luxury SUVs that offer excellent features while delivering a top-notch driving experience without going over budget. More From GOBankingRates 5 Types of Vehicles Retirees Should Stay Away From Buying 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth 4 Things You Should Do if You Want To Retire Early How Much Money Is Needed To Be Considered Middle Class in Every State? This article originally appeared on 5 Best Luxury SUVs In 2025 Under $40k
