Tesla Model 3 Standard Range Plus

AFTER INCENTIVES

$38,690

MSRP

$39,990

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ESTIMATED INCENTIVES

$1,300

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Loan Payment

$720 / month

Down Payment

$4,399

10% of MSRP plus tax

ESTIMATED INCENTIVES

$1,300

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Lease Payment

$555 / month

FIRST LEASE PAYMENT

$4,954

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Incentives For Lease

$1,300

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TYPE

Sedan

Minimum Seats

FUEL TYPE

BEV

ELECTRIC RANGE

263 miles

MILES PER 30 MIN OF FAST CHARGING

~ 104 miles

TIME TO CHARGE - LEVEL 2

~ 7 hr 50 min

BATTERY SIZE

55 kWh

CO2 EMISSIONS REDUCTION

8,987 lbs/yr

Trees Planted

187

Gasoline Saved

667 gal/yr

For more details including charts & calculations, please view this page on a desktop.

Compare the Tesla Model 3 Standard Range Plus to a similar gas vehicle, the BMW 330i.

We selected the BMW 330i based on its proximity to the Tesla Model 3 Standard Range Plus based on brand, size, and price.

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$3.65

Assumptions

Sales Tax10.00%

Electricity Rate$0.107/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 8/31/2021, 3:49:47 PM.

Cost to Fill Up Monthly

The Tesla Model 3 Standard Range Plus is $160 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Tesla Model 3 Standard Range Plus	$43	$0	$43
BMW 330i	$0	$203	$203

Cost of Ownership

The Tesla Model 3 Standard Range Plus is $14,895 cheaper to own over 5 Years

Description	Tesla Model 3 Standard Range Plus	BMW 330i
Vehicle	$33,013	$35,179
Maintenance	$3,048	$6,130
Insurance	$9,039	$9,087
Electricity	$2,568	$0
Gasoline	$0	$12,167
Total	$47,668	$62,563

Cost to Breakdown

Compare the cumulative lifetime cost of the Tesla Model 3 Standard Range Plus to a BMW 330i

	Tesla Model 3 Standard Range Plus	BMW 330i
Year 0	$38,690	$41,000
Year 1	$45,620	$50,577
Year 2	$48,551	$56,053
Year 3	$51,482	$61,530
Year 4	$54,413	$67,007
Year 5	$47,668	$62,563

Note: Breakeven chart assumes the vehicles are purchased in cash.

For more details including charts & calculations, please view this page on a desktop.

Up to $1,300 in federal and state tax incentives are available
for the Tesla Model 3 Standard Range Plus, plus additional home charger incentives.

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

Tax Exemption

Washington State EV Infrastructure Tax Exemption

Washington sales and use taxes do not apply to the labor and services for purchasing and installing EV infrastructure, including home charging stations.

Tax Exemption

$1,300

Washington State EV Tax Exemption

New passenger cars, light-duty trucks, and medium-duty passenger vehicles that are dedicated AFVs and under $45,000 are exempt from state motor vehicle sales and use taxes. For used vehicles, the price must be below $30,000. Conditions and limitations apply.