The Tesla Model 3 price continues to distinguish itself as one of the top all-around EVs on the market. It has impressive range, advanced technology, and engaging performance while still being relatively affordable. Pricing starts at $40,380. The Tesla Model 3 has a lot to offer, including a 341-mile maximum range and competitive pricing. The electric vehicle also offers an engaging driving experience, benefiting from access to Tesla’s web of Superchargers, the largest and best charging network in the country.
Despite occasional service hassles, the Model 3 remains highly appealing to prospective electric car buyers. It’s no wonder the practical and cutting-edge Tesla Model 3 ranks among America’s top-selling EVs. Our extensive experience driving and evaluating this generation of electric vehicles, including the Tesla Model 3, underscores its prominence.
What’s New for 2024: Tesla Model 3 Price
The Model 3, which has been around since 2017, gets a much-needed refresh. Updated exterior styling enhances the appeal of the Model 3 even further. It has no positive impact on the range. Interior changes include an 8-inch touchscreen for rear passengers, ventilated front seats, ambient cabin lighting, a 17-speaker audio system, and a larger trunk area. The base rear-wheel-drive version has a 9-speaker setup. Model 3 Performance versions get more power and additional driver-focused enhancements.
Tesla has enhanced fit and finish, as well as implemented noise reduction measures. Time will tell if this update fixes some of the build-quality issues our readers experienced in earlier Model 3 versions.
2024 Tesla Model 3 Price
The 2024 Tesla Model 3 starts at $40,380. This is for the rear-wheel drive single-motor version. The more popular dual-motor/all-wheel drive Long Range variant starts at $49,130.
Model 3 $40,380
Model 3 Long Range $49,130
Model 3 Performance $55,380
These figures include both the Manufacturer’s Suggested Retail Price (MSRP) and the $1390 factory-to-dealer delivery fee (destination fee). Many people think the Model 3 offers excellent value compared to other electric sedans. Its closest competitors are the Hyundai Ioniq 6 priced at around $40K. The Polestar 2 costs around $51.5K. The BMW i4 starts at $53.5K. The Model 3 Long Range is priced slightly higher than the Hyundai Ioniq 6 SE equipped with a dual-motor powertrain.
Tesla has the edge in range in these respective configurations. (341 miles vs. 316) Hyundai comes with a better warranty.
Before buying a new Model 3 electric car, check out the Kelley Blue Book Fair Purchase Price to find out how much you should really pay. The Tesla Model 3’s resale value is higher than the class average. Getting more money back when selling a vehicle means a bigger down payment on the next vehicle and a lower monthly payment.
Power, Ride and Handling: Tesla Model 3 Price
The 2024 Model 3 Long Range has a 394-horsepower dual-motor setup with all-wheel drive. Tesla estimates that 60 mph happens in 4.2 seconds. This kind of acceleration was once reserved for expensive performance cars. But fast and effortless acceleration is one of Tesla’s calling cards. Electric or not, we love this kind of performance in a practical car. In fairness, the 320-horsepower Hyundai Ioniq 6 Long Range all-wheel-drive variant is only a tenth of a second slower.
The floor-mounted battery contributes to a low center of gravity that benefits stability. The Tesla Model 3 Price handles fast corners with agility and composure. The suspension is taut yet comfortable. One aspect we really liked is the steering and braking. The ability to make functions like accelerator response sportier or more comfortable to suit each driver’s preference.
The base rear-wheel-drive model is a little underpowered but still fun. It has a 271 horsepower electric motor. The standard Model 3 reaches 60 mph in 5.8 seconds. For 2024, the Model 3 Performance has received an increase in horsepower, up from 455 to 510. It comes standard with adaptive suspension, sport front seats, stronger brakes, staggered-width tires and a Track driving mode. Tesla states that it can reach 60 mph in 2.9 second.
This is probably academic. In the Long Range version, Tesla has reduced the top speed from 145 mph to 125 mph. The entry-level remains comparable to the standard Model 3. However, the Performance variant reportedly achieves a higher top speed of 163 mph.
Sparse interior
A massive touchscreen enables carmakers to keep switches and knobs to a minimum. The Tesla Model 3 Price offers far more than just the basics. The dashboard is more or less a blank space with a fairly sizable 15.4-inch display mounted on it.
The new Model 3 now controls even the air vent directions via its screen. Textile material, a fresh addition in the 2024 update, replaces the previous wood trim, lending a more contemporary and luxurious feel.Another luxurious addition is the introduction of multi-color ambient lighting. The fully glass roof enhances the cabin with an open and spacious atmosphere. Tesla also boasts a quiet cab