The Truth Behind the Tesla Model 3 Base Price of $35,000

When considering the purchase of a Tesla Model 3, one of the most frequently asked questions is about its pricing. In many online forums and reviews, you might stumble upon the claim that the Tesla Model 3 'only' costs $35,000. However, like most things in life, the actual cost goes far beyond the base price. In this article, we will explore why the base price of $35,000 is just the starting point and the true cost of owning a Tesla Model 3.

True Cost Beyond the Base Price

If you decide to order your Tesla Model 3 before July 1, 2019, you are eligible for an additional $3,750 tax credit. This credit is a significant factor in your total cost, but it is only the tip of the iceberg. The base price of $35,000 indeed covers the initial cost of the car, but once you factor in delivery, registration, state taxes, and additional features, the final price may be quite different.

Design Your Model 3: A Personal Experience

'Design Your Model 3,' Tesla’s official online configurator, is a tool that allows you to customize your Tesla Model 3 to meet your specific needs. You can choose different options for the battery, performance, body style, and interior. By selecting these additional features, you may end up spending significantly more than the base price. Tesla has made a conscious decision to offer a lower base price to make the car more affordable, particularly for middle-income families. However, this strategy also means that the majority of users are likely to spend more than the initial $35,000.

Incentives for Buying an Electric Car

Many states and countries offer additional incentives for purchasing electric cars, which can further reduce the cost. For instance, you might find offers such as:

Tax credits or rebates for electric vehicle purchases Exemptions from registration fees or annual vehicle excise taxes Favorable toll pricing or access to car-free zones in urban areas

These incentives can bring the overall cost of the Tesla Model 3 down even further, making it a more attractive proposition for potential buyers. It is therefore important to consider local incentives when evaluating the total cost of ownership.

Conclusion: A Comprehensive Look at the Cost

While the base price of $35,000 is a reality, it is only the starting point when it comes to the true cost of a Tesla Model 3. Delivery, additional taxes, and personalization options can all add up. Moreover, additional incentives can further reduce the price. By understanding these factors, potential buyers can make a more informed decision about the total cost of owning a Tesla Model 3.