How much does a Tesla Model 3 cost?
If you are thinking of buying a Tesla Model 3, you might be wondering how much it costs and what factors affect the price. In this blog post, we will answer these questions and provide some tips on how to get the best deal on your Tesla Model 3.
The Tesla Model 3 is the most affordable and popular Tesla model, with over one million units sold worldwide since its launch in 2017. It is a fully electric sedan that offers high performance, advanced technology, and a sleek design. The Tesla Model 3 comes in three versions: Standard Range Plus, Long Range, and Performance.
The current starting price of the Tesla Model 3 is $40,240 USD in the United States, $55,000 CAD in Canada, and £40,990 GBP in the United Kingdom. However, these prices are not fixed and may vary depending on several factors, such as:
- The version you choose: The Standard Range Plus has the lowest price, but also the lowest range, speed, and features. The Long Range has a higher price, but also a higher range, speed, and features. The Performance has the highest price, but also the highest range, speed, and features.
- The options you add: You can customize your Tesla Model 3 with different options, such as color, wheels, interior, autopilot, and full self-driving capability. Each option has an additional cost that adds to the base price of the vehicle.
- The incentives you qualify for: You may be eligible for some incentives that lower the effective price of your Tesla Model 3. For example, in the United States, all Tesla Model 3 versions are eligible for a $7,500 federal tax credit that reduces your tax liability. In Canada, some provinces offer rebates or discounts for electric vehicles. In the United Kingdom, there is a £2,500 plug-in car grant for electric vehicles.
To find out the exact price of your Tesla Model 3, you can use the online configurator on Tesla's website. You can select your country, version, options, and incentives to see the final price before taxes and fees. You can also place your order online or visit a Tesla store near you.
Here are some tips on how to get the best deal on your Tesla Model 3:
- Compare prices across different countries: Depending on the exchange rate and the incentives available, you may find that buying your Tesla Model 3 in another country is cheaper than buying it in your own country. For example, as of November 2021, the starting price of the Tesla Model 3 Standard Range Plus in Canada is equivalent to $43,600 USD, which is $3,360 USD more than the starting price in the United States. However, this difference may be offset by the provincial rebates or discounts that are available in some Canadian regions.
- Wait for price drops or promotions: Tesla often changes the prices of its vehicles depending on market conditions and demand. Sometimes, Tesla lowers the prices of its vehicles to boost sales or clear inventory. Sometimes, Tesla offers promotions or discounts for certain customers or referrals. You can monitor the prices of the Tesla Model 3 on Tesla's website or follow Tesla news sources to catch any price drops or promotions that may save you money.
- Negotiate with Tesla sales representatives: Unlike traditional car dealerships, Tesla does not have fixed prices or commissions for its sales representatives. This means that you may be able to negotiate with them to get a better deal on your Tesla Model 3. You can try asking for discounts, free upgrades, delivery fee waivers, or other perks that may lower your final cost.
The Tesla Model 3 is a great vehicle that offers many benefits for its owners. However, it is not cheap and requires careful planning and budgeting. By following these tips, you may be able to get your dream car at a more affordable price.
