When it involves electrical autos, the phrases “innovation” and “advanced” typically deliver Tesla to thoughts. Within its restricted arsenal of autos, the Model 3 is probably the most inexpensive choice and has introduced a contemporary wave of consideration over time, since its introduction in 2017. The Tesla Model 3 has turn out to be extremely widespread, resulting in a major availability of used fashions at dealerships and on-line platforms.

Starting at slightly below $39,000, the latest Tesla Model 3 Highland is obtainable in two trims; the Base RWD, and the Long Range AWD. And, identical to some other automobile on the planet that has been round for a number of years, the Tesla Model 3 has seen just a few issues emerge over time. These issues vary from worth depreciation to technical points that some homeowners have reported.

The Model 3 is understood for its cutting-edge options, however homeowners or future patrons ought to pay attention to elements corresponding to potential repairs and overall value retention. This article will handle all of your issues concerning Model 3’s upkeep, reliability scores, dependability, restore prices, and what you’ll be able to anticipate if you find yourself paying for one in every of these.

In order to provide the most recent and correct info doable, the info used to compile this text was sourced from varied producer web sites and different authoritative sources, together with the EPA, Cars.com, NHTSA, MotorTrend, J.D. Power, Consumer Reports, CarEdge, and RepairPal.

Tesla Model 3: Cost Of Ownership

Since its launch in 2017, the Tesla Model 3 has persistently stood out within the electrical automobile market. Its exceptional vary, consolation, and efficiency have solidified its place as a dependable alternative. And, with the latest refresh, the Tesla Model 3’s reliability is poised to additional enhance. The Tesla Model 3 Refresh brings a new design and numerous inside upgrades to the desk. Unfortunately, there is not any improve in vary, and the 2024 lineup doesn’t include a Performance trim.

How Much A New Tesla Model 3 Costs

The all-new Tesla Model 3 lineup begins at $38,990 for the bottom mannequin and $46,990 for the Long Range variant. The beginning worth for the bottom trim is identical as final yr’s mannequin. The Model 3 comes customary with 18-inch All-season Photon Wheels, with the choice to go for 19-inch All-season Nova Wheels for a further $1,500. The customary shade is Stealth Gray, with Pearl White and Deep Blue requiring a further $1,000. Solid Black and Ultra Red include additional prices of $1,500 and $2,000, respectively.

Tesla Model 3 Trims And Pricing (Before Savings And Destination)

(Pricing sourced from Tesla)

Now, it’s essential to do not forget that the Tesla Model 3 Rear-wheel drive and Long Range are no longer eligible for the $7,500 federal tax credit. The new Model 3 Refresh now qualifies for a $3,750 incentive. According to the Inflation Reduction Act, a vehicle can secure a $3,750 incentive if it fulfills each the battery manufacturing and supplies sourcing standards, summing as much as a complete of $7,500. If it checks just one field, the credit drops to $3,750. But if it falls short on each fronts, no tax credit score is on the desk.

How Much A Used Tesla Model 3 Costs

Opting for a used Tesla Model 3 as a substitute of a brand new one from the producer is not inherently problematic. In truth, shopping for a used Tesla is usually a sensible and cost-effective choice for varied causes corresponding to value financial savings, avoiding steep depreciation, and offering entry to varied fashions with authentic or prolonged guarantee protection.

The used market contains older and discontinued fashions, contributing to decreased environmental affect by avoiding the manufacturing of latest autos. Tesla’s Certified Pre-Owned (CPO) program enhances worth by inspections and prolonged guarantee choices for choose used autos. Here is an inventory of some examples that had been out there on the time of penning this to offer you an thought of the sort of pricing you need to anticipate from a used Tesla Model 3 relying on the mannequin yr, trim, and the miles on the odo.

Used Tesla Model 3 Pricing

(Pricing sourced from Cars.com)

Depending on the aforementioned variables, it can range from the upper $25,000 to the early $40,000s. These are just a few of the listings we picked from Cars.com.

What To Look For When Buying A Used Tesla Model 3

• Vehicle Background and State
• Battery Health
• Software and Firmware Updates
• Transfer of Ownership Procedure (Documentation)
• Warranty and Maintenance Track Record

Opting for a used Tesla Model 3 is usually a sensible choice, however thorough due diligence is critical. Conduct detailed analysis on the automobile, consider its historical past and situation, and ideally, make the acquisition from a good supplier or personal vendor with a constructive fame.

Tesla Model 3: Fuel Efficiency

The enhanced Tesla Model 3, codenamed “Highland”, showcases a sleeker chassis design and improved aerodynamics, contributing to a barely elevated general effectivity. Although the bottom mannequin maintains its EPA-estimated rating of 272 miles, the Long Range AWD model has acquired an improve, leaping from 333 miles to a formidable 341 miles at its EPA-estimated ranking.

The EPA has tightened the foundations on Tesla, forcing it to scale back the marketed driving ranges, aiming for a better match to real-world driving experiences. This adjustment is essential, addressing conditions the place particular Tesla fashions did not live up to their initially estimated EPA ratings.

Tesla Model 3 Fuel Economy (Pre-facelift)

(Data sourced from the EPA)

The Tesla Model 3, in its pre-facelift model, showcases spectacular gas effectivity throughout all of its trims. The Rear-Wheel Drive (RWD) affords 138 MPGe within the metropolis, 126 MPGe on the freeway, and a mixed 132 MPGe, with a variety of 272 miles.

The Long Range AWD achieves 134 MPGe in the city, 126 MPGe on the highway, and a mixed 131 MPGe, boasting an prolonged vary of 358 miles. The Performance AWD mannequin delivers 118 MPGe within the metropolis, 107 MPGe on the freeway, and a mixed 113 MPGe, contributing to a variety of 315 miles.

Tesla Model 3 Fuel Economy (Post-facelift)

Following the much-needed refresh, the Tesla Model 3 continues to show its reliability by excelling in gas effectivity. The Rear-Wheel Drive (RWD) variant, geared up with 18-inch wheels, affords a variety of 272 miles, whereas the Long Range AWD, with the identical wheel measurement, impressively extends its range to 341 miles. Opting for 19-inch wheels, the RWD mannequin achieves a variety of 248 miles, and the Long Range AWD nonetheless delivers a considerable vary of 305 miles.

Tesla Model 3 Fuel Economy

(Data sourced from Tesla and the EPA)

Tesla Model 3: Safety And Reliability Ratings

The Tesla Model 3 prioritizes security with superior options like blind-spot monitoring, lane maintain help, automated emergency braking, and adaptive cruise management, all backed by a strong and strengthened construction for complete safety. The Tesla Model 3 has persistently maintained excessive security scores from the National Highway Traffic Safety Administration (NHTSA).

Over the years, it has acquired a sequence of recollects, investigations, and complaints, with the latest information in 2023 displaying six recalls, three investigations, and 242 complaints. Despite these figures, the general security ranking for annually stays persistently wonderful, with all years reaching a Five-Star ranking from the NHTSA.

Tesla Model 3: Safety Evaluation By The NHTSA

(Data sourced from the NHTSA)

The Model 3 secured a remarkable five-star safety rating in all classes throughout NHTSA testing, becoming a member of the Model S and the Model X. Specifically, the NHTSA evaluated the Model 3 all-wheel drive (AWD) in numerous crash eventualities, showcasing its security efficiency. In varied crash varieties, occupants in a Model 3 are much less susceptible to critical accidents in comparison with occupants in different autos.

Tesla Model 3: J.D. Power Quality And Reliability Ratings

J.D. Power‘s 100-point scoring system affords a well-rounded analysis primarily based on real suggestions from automobile homeowners. The “Quality & Reliability” ranking cowl defects, malfunctions, and design elements, aiming for fewer points. The “Driving Experience” rating gauges homeowners’ satisfaction with design, efficiency, consolation, security, and know-how. Lastly, “Resale” predicts depreciation over three years, the place a decrease determine signifies higher worth retention.

J.D. Power Reliability Ratings For The Tesla Model 3

(Data sourced from J.D. Power)

In J.D. Power scores, the Tesla Model 3 showcases constant efficiency, incomes an general score of 78 out of 100 for the year 2024. The “Quality & Reliability” ranking is 74 out of 100, the “Driving Experience” ranking is spectacular at 85 out of 100, reflecting constructive proprietor expertise. Additionally, the “Resale” ranking stands at 77 out of 100, indicating J.D. Power’s forecast of decrease depreciation and stronger resale worth over the following three years.

The Tesla Model 3 Held Its Highest Owner Satisfaction Score In 2018

Consumer Reports supplies invaluable insights into the reliability of the Tesla Model 3 throughout totally different mannequin years. The 2018 mannequin yr showcased a good reliability ranking of fifty out of 100 with a excessive general proprietor satisfaction rating. However, subsequent years saw a decline in reliability, with 2019 and 2020 being marked by decrease scores, recollects, and decreased proprietor satisfaction.

Tesla Model 3 Reliability Ratings By Consumer Reports

(Data sourced from Consumer Reports)

The tide turned in 2023, when the Model 3 earned a lift with a reliability ranking of 58 out of 100 and a notable lower in recollects, sustaining robust proprietor satisfaction. Looking forward, the expected reliability for 2024 stands at an impressive 80 out of 100, indicating a possible enchancment and making it one of many extra dependable mannequin years, in accordance with Consumer Reports’ predictions.

Tesla Model 3: Average Maintenance Costs

Maintaining and repairing a Tesla Model 3 over its first 10 years of service is estimated to cost around $3,587, according to CarEdge. Additionally, the Model 3 demonstrates a positive probability, with an 8.64-percent likelihood of requiring a significant restore throughout this era. Even although these prices are sure to extend as your Tesla Model 3 continues to age, it nonetheless outperforms comparable autos on this section by 30.92-percent, in accordance with the identical publication, additional including to its reliability scores.

Some Common Problems Reported With The Tesla Model 3

• Service brake points
• Steering points
• Suspension points
• Vehicle velocity management
• Software glitches, touchscreen points, and battery degradation
• Door deal with malfunctions

How Much Repairs Will Cost

Repair prices for the Tesla Model 3 fluctuate primarily based on the difficulty, identical to each different automobile. Routine upkeep tends to be extra inexpensive, however complicated issues like battery or tech-related fixes may be pricier. Here’s a tough thought of how a lot you may find yourself spending on a diagnosis that can assist you to get to the basis of the issue:

Tesla Model 3 Repairs And Prices

(Data sourced from RepairPal)