If you’re curious about the most budget-friendly options from Tesla, you’ve come to the right place! In this article, we’ll explore the cheapest Teslas and their MSRP and break down everything you need to know about getting your hands on the most budget-friendly Tesla.
What Is the Cheapest New Tesla?
The title of the cheapest new Tesla goes to the Tesla Model 3. As of now, this popular electric sedan starts at around $42,490 for the Long Range Rear-Wheel Drive variant. This model is known for its impressive range and performance, making it a great entry point into the Tesla family.
Cheapest Tesla Model 3
The Model 3 has undergone some changes recently. Previously, there was a Standard Range variant priced at about $38,990, but it has been discontinued. Now, if you want a new Model 3, you’ll be looking at that $42,490 price tag.
However, with federal tax credits of up to $7,500, some buyers can potentially get this model for around $34,990.
Why It’s Hard to Determine the Cheapest Tesla Price
One reason it can be tricky to pin down the lowest Tesla price is that Tesla frequently adjusts its pricing. But there are other reasons. Factors like production costs, supply chain issues, and changes in government incentives can all impact the final price.
Another reason is that Tesla doesn’t use model years like other car companies do, and it doesn’t use a traditional Manufacturer’s Suggested Retail Price (MSRP) since there’s no Tesla dealer network. They just announced the purchase price of vehicles on their website.
So, while we have a general idea of what to expect today, prices can vary significantly over time. You just need to keep yourself updated with the latest trends and news to be sure of the price of the cheapest Tesla product.
Is the Cheapest Tesla Worth It?
Absolutely! The Model 3 not only offers affordability but also comes packed with features that make it a fantastic value. With its sleek design, safety features, advanced technology, and excellent range (up to 272 miles on a single charge), it’s hard to argue against its worth. Plus, owning a Tesla means accessing their extensive Supercharger network for convenient charging on long trip.
However, the backseat is a tight fit for taller passengers, and it does not offer Apple CarPlay or Android Auto. You can check a Tesla window sticker to view all the specifications and features of the Tesla Model 3.
Latest Tesla Pricing News
Recently, they have made adjustments across their lineup to remain competitive in the growing EV market. Some of the latest pricing news are:
- Tesla has recently implemented significant price reductions across its lineup in the U.S., China, and Germany, driven by slowing demand and increasing competition.
- In the U.S., prices for the Model Y, Model S, and Model X have been reduced by $2,000.
- The Model 3 and Cybertruck prices remain unchanged at $42,490 and $81,895, respectively.
Cheapest ‘Self-Driving’ Tesla
1. Model 3 – Starting at $42,490
- Best for: First-time Tesla buyers and those seeking an affordable electric vehicle. Offers the best range and performance for the price.
The Tesla Model 3 is widely regarded as the most budget-friendly entry point into Tesla ownership. It combines sleek design with a respectable electric range, making it a great option for everyday commuters.
One of its key strengths is the balance between cost and cutting-edge technology, offering features like Autopilot and over-the-air software updates. However, it has its limitations. The rear space can feel a bit cramped for larger families, and the minimalist interior might not appeal to those who prefer more traditional vehicle features.
2. Model Y – Starting at $54,380
- Best for: Families needing extra space without breaking the bank.
The Model Y shares many of the features of the Model 3 but adds more room for passengers and cargo. Its SUV body style makes it more versatile for families or those with active lifestyles, offering plenty of storage and seating for up to seven people.
In terms of performance, it delivers a solid range, with its lowest model capable of traveling 260 miles on a single charge. However, its higher price point may deter budget-conscious buyers, and some might find the ride quality stiffer compared to other luxury SUVs.
3. Cybertruck – Starting at $81,895
- Best for: Truck lovers who want a unique electric experience.
The Cybertruck stands out in Tesla’s lineup not just for its futuristic design but also for its robust capabilities. It’s built to handle rugged terrains and heavy payloads, making it ideal for truck enthusiasts who require durability without sacrificing sustainability. Its all-electric nature means fewer visits to the gas station and lower maintenance costs over time.
However, its radical design can be polarizing, and the price is significantly higher than traditional gas-powered trucks. If you enjoy cutting-edge technology and appreciate a bold, unconventional design, the Cybertruck may be the perfect fit.
4. Model S – Starting at $90,000
- Best for: Luxury seekers wanting high performance.
The Tesla Model S has long been the flagship of the brand, known for its impressive speed, range, and premium features. It offers one of the longest electric ranges available and accelerates faster than most performance cars, making it a thrill for driving enthusiasts.
Inside, you’ll find a luxurious cabin filled with high-end materials and a massive touchscreen that controls most vehicle functions. That said, the higher price tag puts it out of reach for many consumers, and the large size may be overkill for those who don’t need extra space.
For buyers prioritizing luxury, performance, and top-tier tech, the Model S remains a standout choice.
5. Model X – Starting at $81,630
- Best for: Those needing a spacious, family-friendly SUV.
The Tesla Model X is the ultimate electric SUV for larger families or those who frequently transport multiple passengers. With its falcon-wing doors and spacious interior, it’s a head-turner on the road. It offers ample seating and cargo capacity, as well as cutting-edge tech features, including the massive panoramic windshield that enhances the driving experience.
The Model X also boasts impressive acceleration and range for an SUV. However, some may find the design of the falcon doors impractical in tight spaces, and the higher price could be a dealbreaker for those looking for a more budget-friendly option.
Each Tesla model comes with its own unique set of strengths, making the lineup diverse enough to cater to a variety of needs. Whether you’re looking for an affordable electric car, a luxury performance vehicle, or a futuristic truck, Tesla offers a model to match different lifestyles and preferences.
Cheapest Tesla Lease
Leasing can be a great way to drive a new car without committing to full ownership. It also significantly reduces car ownership costs. Currently, leasing options for the Model 3 start around $299 per month, making it an attractive choice for those who want flexibility.
Tesla frequently offers promotions on lease deals that can make driving one of their cars even more affordable. Be sure to check their official site or local dealerships for any current offers available in your area.
Cheapest Used Tesla
If you’re open to buying used, you can find some fantastic deals! The used Tesla Model 3 often sells for significantly less than new models. Depending on condition and mileage, prices can start as low as $30,000 or even less in some cases.
Upcoming Tesla Models
Tesla continues to innovate and expand its lineup. Keep an eye out for announcements regarding new models like the Cybertruck and Robotaxi, as well as updates on existing ones like the Roadster.
These vehicles promise exciting features and performance enhancements that can forever change your driving experience.
Conclusion
In conclusion, finding an affordable Tesla is easier than ever, with options like the Model 3 leading the charge! Whether you buy new or used or explore leasing options, there’s a perfect fit for every budget.
However, remember to check the features and specifications of the Tesla of your choice through a Tesla window sticker and get more insights on the vehicle and better decision-making. Dealers can also provide more value to their customers by providing dealership stickers by VIN.
