{"id":40427,"date":"2023-01-15T12:03:57","date_gmt":"2023-01-15T17:03:57","guid":{"rendered":"https:\/\/autosector.com\/?p=40427"},"modified":"2023-01-15T12:03:57","modified_gmt":"2023-01-15T17:03:57","slug":"tesla-model-3-cheapest-ever","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=40427","title":{"rendered":"Accounting For Inflation, The Tesla Model 3 Is Now The Cheapest It Has Ever Been"},"content":{"rendered":"<p>The Tesla Model 3 has never been more affordable when you factor in the massive levels of inflation seen since 2020. Following a recent price drop, the electric sedan now starts at $43,990 (or\u00a0$45,630 after delivery).<\/p>\n<p>When you include the $7,500 tax credit, the <a href=\"https:\/\/insideevs.com\/tesla\/model-3\/\" data-inline-widget=\"internal-links\" data-type-id=\"1\" data-params=\"%7B%22make_alias%22%3A%22tesla%22%2C%22alias%22%3A%22model-3%22%7D\">Model 3<\/a> has an effective price of $36,490 ($38,130 after delivery). Although a $35,000 Model 3 was offered for a brief period between 2019 and 2020, current prices are &#8220;cheaper&#8221; when you account for inflation. The $35,000 Model 3 did not get any tax credit: back then, manufacturers had to have made less than 200,000 EVs to qualify for it. The production limit has since been scrapped, with <a href=\"https:\/\/insideevs.com\/news\/605746\/explained-updated-ev-tax-credit\/\" data-inline-widget=\"internal-links\" data-type-id=\"0\" data-params=\"%7B%22article_edition_id%22%3A%22605746%22%2C%22section%22%3A%221%22%2C%22alias%22%3A%22explained-updated-ev-tax-credit%22%7D\">new rules being introduced for 2023<\/a>.\u00a0<\/p>\n<section class=\"relatedContent-new trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"related-content\" data-widget-size=\"content\" data-params=\"%7B%22type_id%22%3A0%2C%22title_id%22%3A%22%22%2C%22items%22%3A%5B%7B%22article_edition_id%22%3A%22631080%22%2C%22title%22%3A%22Tesla%20Cuts%20Prices%20In%20UK%20And%20Germany%20By%20As%20Much%20As%20%C2%A38%2C000%2C%20%E2%82%AC9%2C100%22%2C%22alias%22%3A%22tesla-cuts-prices-uk-germany-by-as-much-as-8000-gbp-9100-eur%22%2C%22section%22%3A%221%22%2C%22is_video%22%3A%220%22%2C%22images%22%3A%7B%22s5%22%3A%22https%3A%2F%2Fcdn.motor1.com%2Fimages%2Fmgl%2Fojo4ml%2Fs5%2Ftesla-model-3-uk-price-reductions.jpg%22%7D%7D%2C%7B%22article_edition_id%22%3A%22631077%22%2C%22title%22%3A%22Tesla%20Gets%20New%201%20Million-Square-Foot%20Building%20Outside%20Houston%2C%20Texas%22%2C%22alias%22%3A%22tesla-gets-new-building-near-houston-texas%22%2C%22section%22%3A%221%22%2C%22is_video%22%3A%220%22%2C%22images%22%3A%7B%22s5%22%3A%22https%3A%2F%2Fcdn.motor1.com%2Fimages%2Fmgl%2FvEM1v%2Fs5%2Ftesla-logo-sign.jpg%22%7D%7D%5D%7D\">   <\/section>\n<p>The Model 3 is now considerably more affordable than its rivals. For example, the <a href=\"https:\/\/insideevs.com\/bmw\/i4\/\" data-inline-widget=\"internal-links\" data-type-id=\"1\" data-params=\"%7B%22make_alias%22%3A%22bmw%22%2C%22alias%22%3A%22i4%22%7D\">BMW i4<\/a> starts at $51,400 meanwhile the<a href=\"https:\/\/insideevs.com\/polestar\/polestar-2\/\" data-inline-widget=\"internal-links\" data-type-id=\"1\" data-params=\"%7B%22make_alias%22%3A%22polestar%22%2C%22alias%22%3A%22polestar-2%22%7D\"> Polestar 2<\/a> comes in at $48,400. The same applies to the Model 3&#8217;s crossover twin, the <a href=\"https:\/\/insideevs.com\/tesla\/model-y\/\" data-inline-widget=\"internal-links\" data-type-id=\"1\" data-params=\"%7B%22make_alias%22%3A%22tesla%22%2C%22alias%22%3A%22model-y%22%7D\">Model Y<\/a>. Prices were cut by up to $13,000 with the Long Range Y now having a base point of\u00a0$52,990 ($45,490 after the FTC). That makes it by far the cheapest AWD crossover with 300+ miles of range on sale in the US.<\/p>\n<p>It will be interesting to see what impact the price reductions will have on sales. The Model 3 and Y are already the world&#8217;s best-selling EVs &#8211; however can they become the world&#8217;s top-selling cars, period? For reference, the Toyota Corolla was the world&#8217;s best seller last year, with around 840,000 units sold. However, the Model Y wasn&#8217;t too far off with 513,000 global sales meanwhile 492,000 Model 3s were delivered as well.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tesla Model 3 has never been more affordable when you factor in the massive levels of inflation seen since 2020. Following a recent price drop, the electric sedan now starts at $43,990 (or\u00a0$45,630 after delivery). When you include the $7,500 tax credit, the Model 3 has an effective price of $36,490 ($38,130 after delivery). [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/40427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40427"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/40427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/40428"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40427"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}