EVCostIQ

The EV cost intelligence platform

Porsche Taycan (electric) vs Tesla Model S Long Range (electric): 5-year cost to own in the U.S.

As of August 6, 2026, over 5 years (U.S. average, 12,000 mi/yr), the Tesla Model S Long Range (electric) stays the cheaper car to own — about $93,255 vs $107,511 for the Porsche Taycan (electric), a $14,256 difference over 5 years. The expired federal $7,500 EV credit is not applied to either total.

Cheaper to own over 5 yearsTesla Model S Long Range (electric) · $93,255 total · $14,256 less than the Porsche Taycan (electric)

Porsche Taycan (electric) vs Tesla Model S Long Range (electric) — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost componentElectric · Porsche TaycanElectric · Tesla Model S Long
Depreciation (estimated)$54,670 (51%)$52,779 (57%)
Charging / fuel$6,211 (6%)$4,576 (5%)
↳ of which charging loss12% (~$745)12% (~$549)
Maintenance$7,500 (7%)$3,480 (4%)
Insurance$20,000 (19%)$16,000 (17%)
Financing interest$18,130 (17%)$15,420 (17%)
Registration & fees$1,000 (1%)$1,000 (1%)
Total cost of ownership$107,511$93,255

The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.

When does the Porsche Taycan (electric) win?

Even at 30,000+ mi/yr or a 15-year hold, the Tesla Model S Long Range (electric) stays cheaper here — its lower price and slower depreciation dominate. The Porsche Taycan (electric) is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).

No sugar-coating it — the Tesla Model S Long Range (electric) is decisively cheaper: $14,256 over 5 years, about 15% of its total. At default assumptions this one isn't close.

What decides the Porsche Taycan (electric) vs Tesla Model S Long Range (electric) verdict

No single line settles this one, but maintenance moves the most money: $7,500 on the Porsche Taycan (electric) against $3,480 on the Tesla Model S Long Range (electric) — $4,020 of the $14,256 between them. On the Porsche Taycan (electric), maintenance alone is 7% of its $107,511 total; on the Tesla Model S Long Range (electric) it is 4% of $93,255.

  • Insurance: Porsche Taycan (electric) $20,000, Tesla Model S Long Range (electric) $16,000 — $4,000 more in the Tesla Model S Long Range (electric)'s favor.
  • Financing interest: Porsche Taycan (electric) $18,130, Tesla Model S Long Range (electric) $15,420 — $2,710 more in the Tesla Model S Long Range (electric)'s favor.
  • Depreciation: Porsche Taycan (electric) $54,670, Tesla Model S Long Range (electric) $52,779 — $1,891 more in the Tesla Model S Long Range (electric)'s favor.

Not one major line falls the Porsche Taycan (electric)'s way — every row of the table above the $215 noise floor lands in the Tesla Model S Long Range (electric)'s favor. At the dealer the Porsche Taycan (electric) starts $14,410 behind the Tesla Model S Long Range (electric); running costs claw back $154 of that, but the Tesla Model S Long Range (electric) still ends $14,256 ahead. The Tesla Model S Long Range (electric) is ahead by $3,619 after the first year and more than doubles that lead — $14,256 by year 5.

Porsche Taycan (electric) vs Tesla Model S Long Range (electric), side by side

Electric

Porsche Taycan (electric)

5-yr total cost
$107,511
Cost / month
$1,792
Cost / mile
$1.79
MSRP
$99,400
Powertrain
Electric
Efficiency
38 kWh/100mi
Electric Lower 5-yr cost

Tesla Model S Long Range (electric)

5-yr total cost
$93,255
Cost / month
$1,554
Cost / mile
$1.55
MSRP
$84,990
Powertrain
Electric
Efficiency
28 kWh/100mi
Electricity (US avg)
18.4¢/kWh EIA
Gas price (US avg)
$3.85/gal AAA

Change the miles, your state & either car

Full cost breakdowns

Porsche Taycan (electric) vs Tesla Model S Long Range (electric) by state

No state's electricity or gas prices flip this verdict at default assumptions — the Tesla Model S Long Range (electric) is the cheaper car in all 51 states we track.

FAQ

Is the Porsche Taycan (electric) or the Tesla Model S Long Range (electric) cheaper to own over 5 years?

The Tesla Model S Long Range (electric) stays the cheaper car to own — about $93,255 vs $107,511 for the Porsche Taycan (electric), a $14,256 difference over 5 years.

When does the Porsche Taycan (electric) become cheaper than the Tesla Model S Long Range (electric)?

Even at 30,000+ mi/yr or a 15-year hold, the Tesla Model S Long Range (electric) stays cheaper here — its lower price and slower depreciation dominate. The Porsche Taycan (electric) is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).

How much more does the Porsche Taycan (electric) cost to buy than the Tesla Model S Long Range (electric)?

The Porsche Taycan (electric) starts at $99,400 — $14,410 more than the Tesla Model S Long Range (electric) ($84,990). Over 5 years the ownership gap is $14,256 in favor of the Tesla Model S Long Range (electric).

Which costs less per mile — the Porsche Taycan (electric) or the Tesla Model S Long Range (electric)?

The Tesla Model S Long Range (electric): $1.55 vs $1.79 per mile all-in ($1,554 vs $1,792 per month).