Tesla Buying Guide

Tesla Buying Guide

Complete guide to purchasing your Tesla - from research to delivery

Everything you need to know about buying a Tesla in 2026

This comprehensive guide walks you through the entire Tesla purchase process, from initial research to delivery day. Learn how to get the best deal, avoid common mistakes, and make informed decisions about your Tesla purchase.

4-12 weeks
Average Delivery Time
10-20%
Down Payment Range
3.99-8.99%
Financing APR Range
Up to 20%
Insurance Savings

Buying Process Overview

Before You Buy

  • Determine your budget and monthly payment comfort zone
  • Research Tesla models to find the best fit for your lifestyle
  • Check your credit score for financing pre-approval
  • Consider your charging situation (home vs apartment)
  • Evaluate your daily driving range requirements

Tesla Ordering Process

  • Configure your Tesla on the official Tesla website
  • Choose your model, color, interior, and options
  • Decide between Standard Range, Long Range, or Performance
  • Select Autopilot or Full Self-Driving options
  • Review your configuration and place order

Financing Options

  • Tesla Financing - Direct loans through Tesla
  • Bank/Credit Union Loans - External financing options
  • Leasing - Monthly payments with option to buy
  • Cash Purchase - Pay upfront and save on interest
  • Compare APR rates and terms from multiple lenders

Trade-In Process

  • Get online trade-in estimate from Tesla (see our Trade-In Guide)
  • Compare with offers from CarMax, Carvana, Vroom
  • Clean your vehicle thoroughly before appraisal
  • Gather all maintenance records and paperwork
  • Negotiate trade-in value separately from car price

Delivery Day Preparation

  • Schedule insurance coverage before delivery
  • Prepare payment method (cashier's check or financing)
  • Download Tesla app and create account
  • Bring valid driver's license and insurance card
  • Plan 2-3 hours for delivery process and inspection

Post-Delivery Essentials

  • Set up home charging (Level 2 charger recommended)
  • Familiarize yourself with Tesla app features
  • Schedule service appointment if any issues found
  • Join Tesla owner communities for tips and advice
  • Consider Tesla accessories for protection and convenience

Pro Tips for Getting the Best Deal

1

Order during quarter-end for potential inventory deals

2

Consider inventory vehicles for immediate delivery and discounts

3

Referral credits can save $1,000-$2,000 on purchase

4

Shop around for insurance rates before taking delivery

5

Read owner forums for real-world experiences and issues

6

Consider total cost of ownership, not just purchase price

7

Factor in home charging installation costs

8

Research state and local EV incentives and rebates

Common Mistakes to Avoid

Over-ordering options

Many buyers add expensive options they rarely use. Focus on essentials that match your actual needs.

Ignoring charging infrastructure

Not having a reliable home charging solution can significantly impact your EV experience.

Not shopping insurance rates

Tesla insurance can vary widely between providers. Get quotes from multiple companies.

Skipping test drives

Always test drive the specific model you're considering to ensure it meets your expectations.

Total Cost Breakdown Example

Model 3 Long Range$47,990
Destination Fee$1,390
Order Fee$250
Sales Tax (8%)$3,919
Title & Registration$600
Home Charger Installation$1,200
First Year Insurance$2,400
Total Initial Cost$57,749

Continue Your Tesla Journey