Discover Tesla Model 3 Prices Guide - Everything You Need To Know Before The Next Step

The Tesla Model 3 has revolutionized the electric vehicle market, offering a blend of performance, technology, and sustainability at a more accessible price point than its predecessors. As you consider making the switch to electric, understanding the various aspects of the Model 3, from its pricing structure to key features, is crucial. This comprehensive guide will walk you through everything you need to know before taking the next step towards owning a Tesla Model 3.

Discover Tesla Model 3 Prices Guide - Everything You Need To Know Before The Next Step

What are the current Tesla Model 3 prices?

The Tesla Model 3 comes in several trims, each with its own price point. As of the latest information available, the base Rear-Wheel Drive model starts at around $40,240. The Long Range variant, which offers extended battery life and dual-motor all-wheel drive, is priced at approximately $47,240. For those seeking the ultimate performance, the Model 3 Performance trim begins at about $53,240.

It’s important to note that these prices are before potential savings from federal tax credits and state incentives, which can significantly reduce the overall cost. Additionally, Tesla occasionally adjusts its pricing, so it’s advisable to check the official Tesla website for the most up-to-date figures.

How do Tesla Model 3 costs compare to traditional vehicles?

When considering the total cost of ownership, the Tesla Model 3 can be surprisingly competitive with traditional gasoline-powered vehicles in its class. While the initial purchase price may be higher, Model 3 owners benefit from lower fuel costs, reduced maintenance expenses, and potential tax incentives.

Electricity costs are generally lower than gasoline, especially if you can charge at home during off-peak hours. The Model 3’s electric powertrain has fewer moving parts than a conventional engine, which typically translates to lower maintenance costs over time. However, it’s crucial to factor in potential battery replacement costs in the long term, though Tesla’s battery warranty covers 8 years or 100,000-150,000 miles, depending on the model.

What are the key features of the Tesla Model 3?

The Tesla Model 3 is packed with innovative features that set it apart in the electric vehicle market:

  1. Autopilot: Tesla’s advanced driver assistance system comes standard, with the option to upgrade to Full Self-Driving capability.

  2. Over-the-air updates: Regular software updates improve functionality and add new features over time.

  3. Minimalist interior: A 15-inch touchscreen controls most vehicle functions, creating a clean, futuristic cabin.

  4. Safety: The Model 3 has achieved top safety ratings from various organizations, including the NHTSA.

  5. Performance: Even the base model offers quick acceleration, with the Performance trim capable of 0-60 mph in just 3.1 seconds.

  6. Supercharger network: Access to Tesla’s extensive network of fast-charging stations for convenient long-distance travel.

What are the Tesla Model 3 specs that matter most?

When evaluating the Tesla Model 3, several key specifications stand out:

  1. Range: Depending on the trim, the Model 3 offers between 272-358 miles of EPA-estimated range on a single charge.

  2. Charging speed: At a Supercharger, the Model 3 can recover up to 175 miles of range in just 15 minutes.

  3. Acceleration: 0-60 mph times range from 3.1 to 5.8 seconds, depending on the model.

  4. Top speed: Varies from 140 mph for the base model to 162 mph for the Performance trim.

  5. Cargo space: 23 cubic feet of total cargo volume, including both trunk and frunk (front trunk).

  6. Weight: Curb weight ranges from 3,582 to 4,065 pounds, depending on the configuration.

How do different Tesla Model 3 trims and models compare?

To help you understand the differences between Tesla Model 3 trims, here’s a comparison table:


Model Range (EPA est.) 0-60 mph Top Speed Drive Type Starting Price
Rear-Wheel Drive 272 miles 5.8 sec 140 mph RWD $40,240
Long Range 358 miles 4.2 sec 145 mph AWD $47,240
Performance 315 miles 3.1 sec 162 mph AWD $53,240

Prices, rates, or cost estimates mentioned in this article are based on the latest available information but may change over time. Independent research is advised before making financial decisions.


The Rear-Wheel Drive model offers the most affordable entry point, while the Long Range provides the best balance of range and performance. The Performance trim caters to enthusiasts who prioritize speed and acceleration.

Each trim comes with its own set of standard features, with options to add premium upgrades like Enhanced Autopilot or Full Self-Driving capability. The choice between trims often comes down to individual priorities regarding range, performance, and budget.

In conclusion, the Tesla Model 3 offers a compelling package for those looking to enter the world of electric vehicles. With its range of trims, advanced features, and competitive total cost of ownership, it’s no wonder the Model 3 has become one of the best-selling electric cars worldwide. By understanding the pricing, costs, features, specs, and trim options, you’ll be well-equipped to make an informed decision on whether the Tesla Model 3 is the right choice for your next vehicle purchase.