Thinking about a Tesla Model 3 but not sure about the price? You’re in the right place! This guide covers the Tesla Model 3 car price, including the latest models and costs. It’s perfect for both new EV buyers and Tesla fans. You’ll get all the info you need to choose wisely.
Key Takeaways
- The Tesla Model 3 is the most affordable Tesla, with prices ranging from $38,990 to $66,630.
- The base rear-wheel drive (RWD) trim of the Model 3 starts at $38,990, while the Long Range version is priced at $47,490.
- The Performance model is the most expensive, starting at $54,990, but both Long Range and Performance variants qualify for the $7,500 federal electric vehicle tax credit.
- After applying the federal tax credit, the cost of Tesla models like the Model 3 and Model Y can be reduced significantly.
- Tesla holds 49% of the electric vehicle (EV) market share, making it a dominant player in the industry.
Understanding Tesla Model 3 Price Range in 2024
The Tesla Model 3 price range in 2024 has something for everyone. The base Rear-Wheel Drive (RWD) model starts at $38,990. It offers 272 miles of range on a full charge.
For more performance and range, the Long Range All-Wheel Drive (AWD) version starts at $47,490. It has an impressive 363 miles of range. The top model, Performance AWD, starts at $54,990 and offers 303 miles of range.
Premium Options and Upgrades
Tesla offers many premium options and upgrades. These can increase the price of a Tesla Model 3. You can choose from different exterior colors to interior upgrades. Adding Full Self-Driving Capability is another option.
Delivery and Documentation Fees
Tesla also charges a non-refundable $250 order fee and a $1,400 destination and documentation fee. These fees add to the overall cost of the vehicle.
| Model 3 Variant | Starting Price | Range (miles) |
|---|---|---|
| Rear-Wheel Drive (RWD) | $38,990 | 272 |
| Long Range All-Wheel Drive (AWD) | $47,490 | 363 |
| Performance All-Wheel Drive (AWD) | $54,990 | 303 |
The Tesla Model 3 price range in 2024 offers many options. It caters to different budgets and preferences. Knowing the base prices, premium options, and additional fees helps you choose the right Tesla Model 3.
Tesla 3 Car Price: Complete Breakdown by Trim Levels
The Tesla Model 3 comes in three trim levels: Rear-Wheel Drive (RWD), Long Range All-Wheel Drive (AWD), and Performance AWD. Each offers different features and prices to meet various needs.
The RWD model starts at $38,990 and can reach up to $51,990 with upgrades. The Long Range AWD model costs between $47,490 and $60,740. The Performance AWD model, for the best performance, is priced from $54,990 to $66,630.
The Long Range and Performance models get a $7,500 federal tax credit. The RWD model does not qualify for this. The RWD model has a range of up to 272 miles. The Long Range model can go up to 341 miles on a single charge.
| Trim Level | Price Range | Range (miles) | Federal Tax Credit |
|---|---|---|---|
| Rear-Wheel Drive (RWD) | $38,990 – $51,990 | 272 | No |
| Long Range All-Wheel Drive (AWD) | $47,490 – $60,740 | 341 | Yes |
| Performance All-Wheel Drive (AWD) | $54,990 – $66,630 | 315 | Yes |
Looking for an affordable option, maximum range, or high-performance driving? The Tesla Model 3 has a trim for you. Consider the cost, range, and tax incentives when choosing.
Model 3 Performance vs Long Range: Price Comparison
The Tesla Model 3 comes in two popular versions: Performance and Long Range. Both offer great electric car experiences. But, they differ in features, performance, and price.
Performance Model Features and Costs
The Tesla Model 3 Performance starts at $54,990. It has a range of 303 miles and can go up to 163 mph. It accelerates from 0 to 60 mph in just 2.9 seconds.
After the $7,500 federal tax credit, it costs $47,130.
Long Range Version Specifications and Pricing
The Tesla Model 3 Long Range starts at $47,490. It has a range of 341 miles and a top speed of 145 mph. It goes from 0 to 60 mph in 4.2 seconds.
It doesn’t get the federal tax credit. But, it costs $49,380, just $2,250 more than the Performance after the credit.
Standard Range Value Proposition
The Tesla Model 3 Standard Range RWD starts at $38,990. It has a range of 272 miles and a top speed of 140 mph. It’s a good choice for those on a budget.
But, it doesn’t get the federal tax credit.
Choosing between the Tesla Model 3 Performance and Long Range depends on your needs and budget. The Performance is great for those who love speed. The Long Range is better for longer trips.
| Model | Price (MSRP) | Price After Tax Credit | Range (miles) | 0-60 mph (seconds) | Top Speed (mph) |
|---|---|---|---|---|---|
| Model 3 Performance | $54,990 | $47,130 | 303 | 2.9 | 163 |
| Model 3 Long Range | $47,490 | $49,380 | 341 | 4.2 | 145 |
| Model 3 Standard Range RWD | $38,990 | $38,990 | 272 | 5.8 | 140 |
“The Tesla Model 3 Performance is a true driver’s car, with fast acceleration and agile handling. Its price after the tax credit is a great deal for car lovers.”
Federal Tax Credits and Incentives for Tesla Model 3
The Tesla Model 3 is a popular electric car. Buyers can get federal tax credits and incentives to lower its cost. The Model 3 Long Range and Performance qualify for a $7,500 tax credit.
After the tax credit, the Model 3 Long Range AWD starts at $39,990. The Performance AWD model starts at $47,490. But, the base RWD Model 3 doesn’t get this tax credit.
Some states also offer rebates for electric cars. These state incentives can make the Tesla Model 3 even more appealing to those who care about the environment.
Adding custom features to the Tesla Model 3 Performance might make it not qualify for the tax credit. So, think about what features you want and how they affect the tax credit.
| Tesla Model 3 Variant | Starting Price | Price After Federal Tax Credit |
|---|---|---|
| Long Range AWD | $47,490 | $39,990 |
| Performance AWD | $54,990 | $47,490 |
| RWD (Base Model) | $43,990 | $43,990 |
Using federal tax credits and state incentives can make the Tesla Model 3 more affordable. This makes it easier for more people to buy this electric car.
Customization Options and Their Impact on Price
The Tesla Model 3 offers many customization options. These can add hundreds or thousands of dollars to the tesla 3 pricing and tesla model 3 cost. You can choose from exterior colors, interior upgrades, and advanced features.
Exterior Color Options and Costs
Tesla includes Midnight Silver Metallic in the base price for Model 3 and Model Y. But, other colors cost between $1,000 to $3,000. This depends on the color and model you choose.
Interior Upgrades Pricing
The interior of the Tesla Model 3 can be customized. An All Black interior is free. But, a Black and White interior costs $1,000 for Model 3 and Model Y. For Model S and Model X, it’s $2,000.
Full Self-Driving Capability Cost
The Full Self-Driving Capability is a big upgrade for the Tesla Model 3. It offers advanced autonomous driving features. The price for this feature is not public, but it’s a big addition to the tesla 3 pricing and tesla model 3 cost.
“The customization options for the Tesla Model 3 allow owners to personalize their vehicle, but these choices can significantly impact the final price tag.”
Customizing the Tesla Model 3 comes with a price. Whether it’s paint, interior, or tech features, it adds up. Knowing these costs helps buyers plan their budget for their dream electric car.
Tesla Model 3 Maintenance and Operating Costs
One of the big pluses of owning a tesla 3 electric vehicle is the big savings on upkeep and running costs. Compared to gas cars, the tesla model 3 affordability shines with lower long-term costs.
Electric cars like the Tesla Model 3 cost less to run than gas cars. In fact, Tesla Model 3 owners spend about half as much on repairs and upkeep as gas car drivers. But, the cost of replacing the battery, from $10,000 to $12,000, is something to consider. Yet, Tesla batteries can last 12-15 years in mild climates.
| Maintenance and Repair Costs | Tesla Model 3 | Industry Average Luxury Sedans |
|---|---|---|
| Cost over 10 years | $5,381 | $9,725 |
| Savings Compared to Industry Average | $4,344 | – |
| Probability of Major Repair | 13.45% | 13.12% higher |
Also, insuring a tesla 3 electric vehicle costs about $2,967 a year. Over 5 years, that’s $14,835. While this might seem high, the savings on fuel and maintenance often make up for it, making the tesla model 3 affordability a good deal.
Tesla offers maintenance plans from $1,550 to $2,750. These plans cover routine maintenance for 3 years or 37,500 miles, or 4 years or 50,000 miles. This helps owners plan and manage their costs over time.
“The Tesla Model 3 can be compared for maintenance rankings, depreciation, insurance, and overall costs with over 200 other vehicle models.”
Even though the tesla 3 electric vehicle might have higher yearly maintenance costs, the long-term savings are worth it. It’s a smart choice for those looking for a green and cost-effective car.
Comparing Tesla 3 Prices Across Different Markets
The tesla model 3 price range changes a lot depending on where you are. In the U.S., prices start at $38,990 and go up to $66,630. This depends on the model and any custom features you add.
Regional Price Variations
Prices for the tesla 3 pricing can change due to local incentives and tax credits. For example, some states offer rebates that can lower the cost of a Tesla Model 3. This makes the car more affordable in certain areas.
International Market Comparison
Prices for the Tesla Model 3 vary a lot around the world. Macau has the lowest price at $40,282 USD. China is close behind at $41,653 USD. But in Singapore, the price is much higher at $83,489 USD. Israel is the second most expensive, at $64,629 USD.
These price differences are due to local taxes, import duties, and incentives. These factors are key for those considering buying a Tesla in different countries.
Financing and Leasing Options for Tesla Model 3
When looking at the Tesla Model 3, you have many financing and leasing choices. Tesla has a 1.99% APR financing deal until August 31, 2024. This is a great chance to save a lot on interest over the loan’s life.
Tesla also offers leasing for the Model 3. In New York, the lease starts at about $512 a month after savings. This is a good option, thanks to the $7,500 federal tax credit and the $2,000 state incentive. These can lower your monthly payments, making the Model 3 easier to afford.
When deciding between financing or leasing, think about the total cost. This includes taxes, fees, charging costs, and insurance. Even though the initial cost is high, the savings on maintenance and fuel can make up for it over time. Look at all your choices to find what works best for your budget and driving habits.
