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Tesla Inc (NASDAQ:TSLA) has the lowest maintenance and repair costs of any automotive brand, according to new data from Consumer Reports' 2023 Annual Auto Surveys.
As shared by Electrek, the surveys gathered data directly from thousands of vehicle owners across the United States.
For years, automakers like Tesla claimed electric vehicles would have significantly reduced repair and maintenance expenses due to having far fewer moving parts than gasoline vehicles.
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Consumer Reports' findings confirm this, showing Tesla had the lowest cumulative costs for both the 1-5 year and 6-10 year ownership periods.
At the other end of the spectrum, German luxury brands like Audi, BMW, Mercedes-Benz, and Porsche ranked as the most expensive for maintenance and repair costs. This data provides evidence backing up the EV advantage of lower running costs, which could drive more consumers towards electric vehicles like those produce by Tesla.
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Photo courtesy of Tesla
Posted In: TSLA
