Tesla has become a market leader for electric vehicles (EVs), including Full Self-Driving (FSD), which provides choices for subscription and purchase.
The purchase option enables you to make a one-time payment, removing the concern over monthly membership expenses. In contrast, the subscription model makes it simple to cancel or pause your subscription if you want.
Keep reading this entire article to learn everything in depth about Tesla FSD subscription vs Purchase.
What Is the Main Concept of Tesla FSD?
Let’s first clarify what Tesla’s Full Self-Driving function includes before delving into the discussion about what’s different between subscription and purchase.
Full Self-Driving (FSD) from Tesla is an extensive collection of cutting-edge driver-assistance systems built into Tesla cars.
With the ultimate objective of reaching full autonomy, when the car can drive itself without human intervention, these features serve to improve the driving experience by automating various parts of driving.
Autopilot has been a feature of Tesla vehicles for a while, but the software was only effective in certain circumstances. FSD is a big advancement and enables Tesla vehicles to run even on highways with traffic lights with minimal human input.
To strengthen and expand FSD capabilities and gradually advance its autonomous driving features, Tesla constantly distributes over-the-air software updates. Tesla includes the opportunity to purchase and subscribe to options to enjoy FSD’s interesting features.
For vehicles with Enhanced Autopilot set on, the monthly subscription fee for FSD is $99, while it is $99 for those with Basic Autopilot. And if you decide to purchase it, it will cost you $12k which you can use for 5 years.
Comparison Between Tesla FSD Subscription vs Purchase
It’s important to know what’s coming with Tesla FSD a subscription and purchase while making your final decision. Summaries are provided in the following table:
Features | Tesla FSD subscription | Tesla FSD Purchase |
Flexibility | Monthly activation or deactivation | Permanent ownership |
Payment Structure | Monthly subscription fee | One-time advance payment |
Cost | $99-$199 per month | $12k for 5 years |
Software Updates | Receive updates while subscribed | Updates included with the ownership |
Access to Latest Features | Yes | No |
Cancellation/Refunds | Cancel subscription anytime | Can ask for a refund within 48 hours |
Factors to Consider while Choosing any of the Options
When choosing between a Tesla FSD subscription and a purchase, one must consider some important factors which include:
1. The Level of Use
Take into account how frequently you intend to use the FSD capability. Buying FSD can end up being more economical in the long run if you plan to use it frequently.
The subscription method, however, might be more appropriate if you plan to use FSD infrequently or for a short period.
2. Financial Factors
Analyze your spending plan and financial situation. The subscription model can offer greater cost and flexibility if you are unable or unable to make a sizable upfront purchase. For instance, you can subscribe to FSD at $99-$199 per month per month.
On the other hand, buying FSD can be a better choice if you have the money and would rather make a one-time investment. To purchase FSD, you get to use $12k at once which seems costly.
It’s important to keep in mind that compared to a one-time purchase; a subscription model can end up costing more in the long term.
While the monthly cost may appear reasonable at first, over time, it may end up costing more than the original cost of buying FSD outright. As a result, investing in the feature may be more cost-effective if you intend to utilize FSD for a long time.
3. Future Updates
Think about how crucial it will be for you to have access to upcoming updates and improvements. If keeping up with the most recent developments in autonomous driving is important to you, subscribing to FSD guarantees that you will get regular updates.
However, buying FSD can be sufficient if you’re familiar with the current features and don’t mind possibly missing out on future improvements.
4. Plans for Long-term Ownership
While choosing FSD plans between subscription and purchase, you need to think about your ownership goals for your Tesla. Buying FSD can offer long-term value and perhaps boost resale appeal if you want to keep it for a long time.
The subscription model might be a better option, nevertheless, if you are looking to upgrade to an updated Tesla model or switch to a different car shortly.
Read Also: Is Enhanced Autopilot Worth It in Tesla?
Flexibility and Affordability vs Long-term Investment and Value
The Tesla FSD subscription option gives you full freedom while using this. You can pay a monthly fee to use the service rather than paying a sizable upfront purchase, which will let you balance out the cost over time. This can be particularly desirable if you’re not ready to make a long-term investment or if you’re not sure how long the FSD function will last.
In contrast, purchasing FSD enables you to pay once, so you won’t have to worry about subscription payments every month. The long-term cost of purchasing FSD can be favorable if you want to keep your Tesla for a considerable amount of time.
Technology changes quickly, therefore it’s vital to keep in mind that updated versions of FSD might be available in the future.
While Tesla provides software updates to current customers, it’s possible that in the future, only new customers or those who subscribe to FSD will have access to advancements and features.
The capabilities and functionality of the FSD feature that was purchased may eventually be limited as a result.
Final thoughts on Choosing between Tesla FSD subscription vs Purchase
The choice between a Tesla FSD subscription and a purchase ultimately comes down to your budget, usage patterns, long-term ownership goals, desire for access to future updates, and so on.
An FSD purchase gives long-term cost-effectiveness and future resale value, while a subscription model offers flexibility and the most recent improvements.
Moreover, you can easily stop or cancel your subscription under the subscription model. This may be helpful if your situation changes or if you want to test the FSD feature without making a long-term commitment.
You cannot stop the plan if you are thinking of purchasing FSD. But, you can ask for a refund within 48 hours if you suddenly change your mind.
You can make a decision that is in line with your standards and priorities by carefully weighing these aspects and your unique demands.
Tesla’s Full Self-Driving function promises to improve your driving experience with its cutting-edge autonomous capabilities, whether you decide on the subscription or buy option.
Read Also: Can You Add Tesla Enhanced Autopilot Later on Your Tesla?
Frequently Asked Questions [FAQs]
Do I have access to software updates with my FSD Subscription?
Yes, the FSD Subscription offers software updates and enhancements for the FSD features you’ve chosen to use. Over-the-air updates are often published by Tesla.
Is Tesla FSD a one-time purchase?
Tesla typically treats FSD purchases as an eternal part of the car it turns on. If owners want to switch from a Tesla Model 3 to a Model Y SUV, for example, they would previously have had to purchase the software package again.
What can you get if you subscribe to FSD?
Many subscribers mistakenly believe their car would navigate any street on its own, however, only the beta version can accomplish that. FSD will essentially boost the standard autopilot features with command, lane changes at intersections, and control of stop signs and traffic lights. Beta access is not secured by subscribing.
Is FSD transferable to a new owner?
Yes. Your FSD capability will remain with the new car whenever you transfer it. The FSD capacity will remain with the new car if you sell it and make it available to the new owner.