Is buying a Tesla Model 3 a good investment?

Well you can, but you probably won’t win. We think right now may be the best time to buy a Tesla Model 3. It’s one of the least expensive EVs on the market today, and arguably one of the best, at least in terms of range, performance, features, and the charging situation.

Category Buying Advice
Body Style Sedan
Aug 24, 2020

How much does it really cost to buy a Tesla Model 3?

As the cheapest Tesla available, the Model 3 has a lot to offer, including strong range and sleek styling. The rear-drive Standard Range Plus model starts at $39,690, including a $1,200 destination fee; that’s down slightly from $40,190 only a month ago. This car has an estimated driving range of 263 miles.

How long is the wait for a Tesla Model 3?

Tesla has reportedly reduced Model 3 delivery times to between two and four weeks from three to five weeks. Tesla (TSLA) – Get Report has reduced the delivery time for its Model 3 sedan to between two and four weeks from three to five weeks previously, according to a report.

Is it smart to buy a Tesla Model 3?

Tesla is planning to come up with a battery that can last a million miles. Even in the current form, battery depletion is not a big factor to worry about in a Tesla.

Tesla’s supercharger price is $0.28 per kWh.

Tesla Model 3 $39,990 – $56,990
Tesla Cybertruck $39,990 – $69,990
Aug 28, 2020

Are Tesla’s expensive to maintain?

Tesla Maintenance Plan Cost

Your total 5-year cost would be $1,490. That makes Tesla maintenance costs pretty low, but there’s a chance real-life prices could be higher, too. Dividing that by five shows that people might spend about $298 per year on average to maintain their Teslas.

Can you negotiate a Tesla price?

Tesla offers no discounts or negotiations. The price you see is the price you pay. However, there may be some “inventory” models with a few thousand miles on them (used as “loaners” at service centers and/or customer test drives) that offer a small decrease in price — check at your local Tesla store.

Why is Tesla insurance so high?

Teslas are particularly expensive to insure for collision damage due to their high repair and maintenance costs, which are greater than those for other luxury vehicles. This is due to several reasons, such as: Electric cars are already more expensive to repair, and therefore insure, on average.

Is it cheaper to charge Tesla at home or at supercharger?

Tesla’s Superchargers are incredibly fast, reaching up to 250kW, but are likely to be twice as expensive as charging at home with local utility rates. Every Tesla car is fully electric, which results in a lower cost per mile than filling up a gasoline or diesel-powered vehicle.

Is it better to buy or lease a Tesla?

It’s far better to buy a Tesla than to lease one

Case in point: Buy a Tesla, don’t lease it. According to Tesla’s finance calculator, Tesla’s sample finance APR is equivalent to 2.49% (we’re assuming for tier 1 credit), which is far better than the interest rate for leasing.