New Delhi, Jan. 28 -- Model 3 of Tesla, the Elon Musk-led EV makes, requires an annual cost of $5,061 (approx. Rs.4.35 lakh) to run, making it the 'least expensive common car' in the United States, according to an analysis by Self Financial, a credit-building platform based in Austin, Texas.

Compared to gasoline, energy costs for Model 3 come to $636 per year, the lowest in a study of 50 cars, the best-selling ones in the US from 2022-24.

Annual maintenance costs ($1,143) for Model 3 are also the lowest of the models analysed, 30% less than the study average of $1,633.

Additionally, the Tesla vehicle is the least expensive car despite the estimated $2,463 spent on its yearly insurance, the third-highest in the analysis.

The top 10 lea...