TL;DR
Used Tesla Model 3
For those on a budget, a used Tesla Model 3 is often recommended as the best affordable Tesla option. Prices for a used Model 3 can start around $18K, particularly for older models like those from 2019 [1:1],
[1:3]. However, it's important to note that these vehicles may be out of warranty, which could lead to higher repair costs down the line
[1:5].
Insurance and Maintenance Costs
While the initial purchase price of a used Model 3 might be within budget, potential buyers should consider additional costs such as insurance and maintenance. Insurance rates for Teslas can be higher than for traditional ICE vehicles, so obtaining quotes before purchasing is advisable [1:2]. Additionally, while Teslas generally have lower running costs, parts and repairs can still be expensive
[1:4].
Alternative Electric Vehicles
If a Tesla is not feasible, other electric vehicles like the Chevy Bolt are often mentioned as affordable alternatives. The Bolt is praised for its reliability, features, and long range, although it does have slower charging capabilities [5:3],
[5:4]. Some users have found good deals on used Chevy Bolts, making them a viable option for those seeking an affordable EV
[5:6].
Considerations Beyond Price
When considering an affordable Tesla or any EV, it's crucial to think about your specific needs and circumstances. This includes evaluating the availability of charging infrastructure, both at home and in your area, as well as considering how much you drive and what range you require [3:5]. For those prioritizing technology and comfort over performance, a Tesla might still be the ideal choice despite its higher cost compared to some competitors
[4:5].
I'm starting to save up for a new car and I have a budget of around $18K, would it be realistic to get a used Tesla with that? I'm open to any advice as well. I'm 24 and I'd ideally want to have this car for 6-8 years after purchasing.
Tesla may not be an ideal car for you. Your insurance could be higher. Get a quote for a 3 or a Y you can find for 18k. While the maintenance and running cost for Tesla could be lower based on how you use and where you charge the same cannot be said about the insurance
You can find a used Model 3 for that little (like a 2019 or so), but the warranty will be up and it will be an older car.
Please understand that while you may be able to get one for that price, everything may be out of warranty at that point. Repair costs after that point in time do become expensive. Please do some research on repair costs and if that a risk you are willing to take or not.
100% agree from my lived experience. A car that is not cheap to buy new, will still have not cheap to buy parts, no matter what the second hand price is.
Enjoy the new Corolla you’ll be getting bud.
Used Model 3 will be your best bet for one under $18K. As others have said, do check insurance rates in your area. Mine went up quite a bit compared to my previous ICE car and I’m 55 with a good record in AZ.
The cheapest Model 3 is $42,490 plus destination and order fees, which makes it $44,130. Subtract the federal tax credit (which is going away) and you get $36,630 before taxes.
In what world is that “30k plus tax?”
$20K-$25K. That's the range all car companies have abandoned.
For good reason, what do you actually expect to get in a brand new car sold at 20-25k? What hardware and software features are you expecting to be there for a 20-25k vehicle?
Is it even profitable to sell a 20-25k vehicle, considering all the time to design, test, certify, homogolate, manufacture, ship and service a vehicle at the price, with the quality that people expect of a Tesla vehicle.
COGS goes up every year yet people expect the price to always stay low. There's a reason why everything gets more expensive over time, and it isn't just because companies want to rip people off.
No FSD, cameras. Cheaper LFP batteries.
The reason why EV only companies in China are able to price their cars so low is because they don't have an ICE side of their company and manufacture their own battery. Vertical integration.
The only way we're going to get that cheap of a car is an EV only company. Like Slate.
You’re well aware that a base model 3 after the tax credit is 32,500 right?
People have to be ok with what comes with affordable though. Something like the Chevy Trax is affordable, but that’s a 1.2L turbo engine. They put some upgrades in places that count though. Expectations would really have to change.
Trax is probably the best deal in auto right
reasonable options below 30K new seems "affordable" in these terms
I totally agree with you. The fact that “they don’t make it like they used to anymore” means if you want something truly affordable in 2025, you have to be okay with sacrifices. Chevy is charging 33k for an ICE Equinox, so if a compact SUV from Tesla is truly under 35k after taxes, then that’s definitely affordable!
I wish I could get a car with no FSD. I don’t need an inference computer and a pile of cameras for something I never use. Cloth seats, no rear screen, smaller wheels, and roll up windows would really seal the deal for me.
I’m also told I have unique tastes…
Maybe an MG EV conversion might be the right answer for you? I considered one for fun, but didn’t have the spare change for it.
29,999 without a dependency on Tax incentives to get to that price.
Truly 30k, not after rebates or incentives, like I can walk in with 30k + tax and get one.
61K CAD Model 3 base model in Canada and it doesn't qualify for most of the EV rebate programs because of its price..
Sits purely in the luxury class. I have done the maintenance and insane fuel cost math a few times. The 3 isn't even big enough for my family anyway. Would be more interested in the Y which starts at $82k CAD. Which is even more crazy.
Happy to be an investor, actually kind of mad as a consumer now. There is NO WAY I can justify any of the Telsa line at this point. They are all double or triple the cost of a traditional car. Not going to save that back on gas and maintenance even on optimistic terms.
Ugh I feel this, I’ve tried to justify the 3 and Y—but they’re firmly in the luxury category. It would be totally financially irresponsible for me to buy, no matter how much I want it.
Now I’m debating the Chevy Bolt EV or EUV (but waiting for the 2023 model)… which is still expensive but checks more of the boxes.
Likely I’ll end up with a used Corolla and wait it out.
If there was a $35-$45k CAD Tesla I’d do it in a heartbeat.
I love Tesla, the stock has made me a lot of money but right now they are a rich persons car like many other new cars at the moment. Can’t drop 60k on a vehicle and justify it with saving running costs unless you truly drive a TON of miles.
I bought a 2018 LR RWD Model 3 for $37.5k in Jan of 2020 that had 45k miles. Purchased directly from Paramus, NJ Tesla Sales/Service.
One of the best purchases I’ve made in my opinion. It now has 75k miles and I could probably sell it for more or same price I paid in 2020.
Hasn't that always been the case? Only a small percentage of their cars were ever sold at their original listed price. They either didn't produce enough or stopped making those models shortly after their release for more expensive models. Then there's the factor that the majority of any EV owners have their own home or at least a dedicated parking spot that has a charger. That alone would make it a "rich" persons car. Since the majority of the population in the US is in a cities, then those EV owners are also paying a premium for that land to park / charge their vehicle at.
Beside tesla 3 reaching 300 miles, the rest of the competition looks dismal on the driving range.
Yeah I have the LR M3 with heat pump and with cold temps and winter tires I’m still telling myself the range isn’t enough on longer trips. Knocks down from 300 to about 220. I can’t imagine dealing with any of these other cars, even the SR+.
I've got the MR and live in MN. Sure, it'd be nice to have the LR but in the last 3 1/2 years of ownership the Superchager network has grown so much it's gone from a bit of a pain sometimes to no problem at all. I negotiated with my wife to get it and the MR being a few grand cheaper than the LR meant getting a Model 3 vs not. I was betting on the future and that bet has already paid off. It just gets better with time.
That said: next Tesla I get has to have 300+ miles of range, ideally over 350.
I have an SR+ and was able to drive NJ to Boston and back in March (college drop off), 240 miles at around 30 degrees. Tires to spec 42psi, charged to 100% (256 miles), preconditioned, drove past Hartford ~150 miles (200 used) to supercharge (+lunch/shopping). Got to Boston with about 85 miles left. Reversed and supercharged at Carlton rest stop on mass pike, then Darien CT on I95. Saved me about $120 in gas vs. taking the Pilot. With an LR I might have avoided the third supercharging stop. My daily driving very rarely is more than 80 miles, I got a 60A circuit and Tesla Wall Charger so I'm at 90%/231 miles every morning. Six months in, I'm happy with the SR+.
Depends how much you drive. If you need the range a Model 3 offers in Europe then you're definitely saving a lot of money on fuel alone.
If you're fine with a smaller range for daily driving then you could save money by not dragging around such a huge battery... but cost per range the M3 is definitely the best deal if you need it.
For me, the running costs are only part of the equation.
There's a reason Tesla calculates fuel savings using the cost of premium (91+ octane) fuel, the Model 3's performance compares much more directly to a luxury/performance ICE car. The RWD Model 3 is as quick or quicker than a BMW 330i, C300, or A4. The Long Range is quicker than the C43 AMG and S4 and not far from an M340i. Adding acceleration boost would make it quicker than all three. I believe the Model 3 also has more cargo space than any of the above as well.
I switched from a gas guzzler that averaged 14MPG to a Tesla Model 3 and I live in California. The cars were similar in price. I am saving a ton in fuel.
Hello! Hope someone can give me their opinion or an advice
I am looking for a car and I am seriously considering a Tesla Model 3 AWD, I have even done the reservation
​
I am not a petrolhead neither someone who "loves" driving, In a car I would rather prefer technology and confort rather than horsepower. My first option was an Alfa Romeo Giulietta, the hatchback, which was in a very very appealing price thanks to an offer from the dealership. I was in love with the car, everything was awesome, I love its exterior design and its interior is super fancy, but, as you may know the technology isn't Alfa's strength.
Naturally, I started looking into other option to compare. I went to BMW to see the 1 Series, I liked the hatchback but I think the Alfa was better, but the dealership offered me a very very good discount in the 1 Series Sedan, 23,000 USD. I considered it thoroughly since it is a good price and has more technology than Alfa, but it is RWD, that is something I don't care too much actually, but BMW typically uses RWD, so, I wasn't technically buying a BMW (which btw is made in China). My other options were A3 and A Class, MBUX was great.
​
But then, I saw a Tesla and started investigating and I fell in love with all its characteristics and technological features. Now I am kinda worried because I don't know if I am making a good decision, how good the Tesla actually is in comparison with its "competitors". I mean, with the price of a Tesla I could buy a 3 Series, C Class or A4. I don't know if I am making a good decision and I am worried I am doing something more passional than intelligent.
​
Whats your opinion? Thanks for reading me!
I would get the Tesla if I could. All the technology I’m looking for, and they have very good warranties. Go test drive one!
There is no greater Tesla hater on this board than I am, because I am a dyed-in-the-wool manual transmission guy who enjoys car maintenance. That being said, based on what you have written, you are the ideal Tesla buyer.
You do need to consider charging stations, any modifications you need to do to your home and garage, and if your work has free charging. If those are sufficient to meet your needs, Tesla all the way
Teslas are no in my book too. OP could easily find low mileage second hand German luxury cars for the price of a Model 3.
Second hand cars are not an option. And as I said, I am not a big fan of the driving itself, so I wouldn’t consider a M3 since they are oriented mainly to performance. But thanks for your answer!
In that case, I would consider a 3 Series.
Best answer ever! Thank you.
I do not work but my university has a lot of charging parking spots, so thats okay, and I imagine there wont be any major problem with my garage.
I was worried by the price factor, you know, maybe with that money I could buy a better car (?)
Get the Tesla. You want tech. You’ll love it
My dad just got one and it's honestly like nothing else I've been in.
It has a whoopie cushion mode and you can customize which seat and which type of fart noise you want it to make.
Alfa has poor support in the US and questionable build quality. Italian parts are $$$.
Other luxury brands are expensive to repair and upkeep, gas engines are out the door within the next decade or so anyways.
Just buy the 3, you're not going to regret it.
They're not in the US - the Giuletta is sold overseas, as is the 1 series.
Indeed. I am from Mexico actually, which is the only country where the 1 series sedan is sold along with China.
Should have been tipped off by Petrolhead I guess
I know a few people with a Model 3. They all love them. There are a bunch of new EVs coming out in 2020 and 2021. But, nobody has the charging network of Tesla. Tesla is an incredible company, but I wouldn't say that I think they are that much better than any other EV. They have good tech, and they are first to market. So, if you want to compare Tesla to it's competitors, you're going to need to wait for a few years.
All that said, my buddy just bought a BMW i3. It's clearly not as nice as the Tesla. But it's still a really cool car. That's not to say you should look at the i3. Just that many more EVs are coming and coming fast.
In terms of the passion vs intelligent comment. Do your research. Drive the ones you like. Make sure you buy the car you love, not the one you like. The model 3 is an awesome car. Have fun shopping
[removed]
If you don't want the Tesla stigma, a used Chevy Bolt is your best bet.
Tesla is a hard no for me but Chevy Bolt seems like a good car.
I got my '23 Bolt EUV with 33k miles for ~$20k. After the tax credit. You can find EUV's around there +-$3k. Regular Bolts can be had in the $13-17k range with fairly low miles, and almost all of them have even newer batteries. The only real downside is that DC Fast Charging is limited to 50kw. For me it works since it's just our around the town/commuter car and we have a level 2 charger at home.
It is a good car. I love mine. The only thing it doesn’t do well is fast charge. It’s a very slow fast charger.
Chevy Bolt is cheap, reliable, good features, long range.
I bought a 2019 Tesla 3 in 2023, and I’ve had 0 issues with it. It was like $25k cheaper than a brand new one with the same features.
If you're looking brand-new brand-new, you'll likely want to wait for the next-generation Nissan Leaf that was recently unveiled.
If you're looking pre-owned, the Chevrolet Bolt EUV is a great affordable option whose only real drawback is slower charging than most EVs from its time.
The current Chevy Equinox EV can be had for very cheap if you qualify for all the incentives. Probably around low $30k out the door.
Edit: Just checked on the website. For the incentives I qualify for I can get a zero option base model Equinox for $25k after taxes (before registration and fees)
I have two friends that bought 1LT EQEVs for low 20's out the door in the last 6 months. There are a lot of incentives available.
Having bought a brand new Nissan Leaf in 2018 I tend to disagree. The Leaf was cheaper than a Chevy Bolt, but with less battery (so less range) and no battery thermal management (so slow charging) and with a goofy CHAdeMO DC fast [sic] charge hole. It was okay for local driving only, the battery predictably failed, and it took most of two months to get the battery replaced only to end up with a much shorter warranty on the replacement battery.
There are some amazing lease deals out there right now. My Mini Cooper SE is awesome and super affordable, if you can live with the limited range.
Exactly correct, new EVs have their values crash. This sub hates Tesla. But by far a used model 3 is the best value. You can get a low mileage 5yo one for for under 19k
https://www.tesla.com/m3/order/5YJ3E1EA7LF740222?titleStatus=used
For that you get a one year bumper to Bumper warranty from Tesla to make the car right. It will totally need this, as they are not built that well.
Model 3 and Y are perfect commuter cars, there is very little to go wrong, charging is practically free compared to ice cars and there is no maintenance other than wiper fluid and a radiator flush eventually.
Just bought myself a 2021 TM3 LR as my first EV after driving my little 2010 manual BMW for almost 10 years — it was about time! I couldn’t be happier with it. 68 miles driven, still a solid battery percentage left and with new summer and winter tires, all for just around $20K. Feels like a found a gem 🙏🏽
Sorry for the awkward posing, but hey - it’s the first time I’ve actually felt cool driving around in my own car!
I also bought mine after driving only manual cars for a decade. I do miss the Miata which was a much more engaging drive. But the Model 3 is much more practical.
Have fun with it!
Miata as a the fun car. Tesla as the daily 😎
Whats the speed like? I assume the miata has better suspension but a double motor ev is fast as hell
I got a Highland Model 3 Performance. So the actual speed difference is insane (literally).
The Highland is extremely refined as far as sound and vibration. So the whole experience is quite muted compared to the revs of the Miata engine (which from the factory has a sound pipe into the cabin), the steering feel (which is famously one of the best in the industry), and the convertible aspect.
All of that combined makes going 60 in the Miata feeling like going 100 in the Model 3 or any other car.
The Miata is the most engaging car you can buy under 100k imo. My end goal is to own both.
Congrats ! Many km without incidents!
Thanks! Hopefully many more trouble-free kilometers to come 😄
Looks amazing!!! The Tesla is okay too
No shit, I was thinking...screw the pictures of the car. 🤣 She blurred out the wrong thing to preserve privacy and sanity by choosing the license plate. Love the blossoms in the back though.
Looking good. Tesla looks OK too.
Congrats on the car but the trees in the back stole the show. Beautiful.
There’s a car?
Wait, I am handsome....
For now, the model 3. When they release that quad, probably that quad.
Google also says the following: “The $35,000 Tesla proved to be very short-lived -- less than three months, start to finish” What does that mean?
That the model 3 model that was priced at $35,000 was available for less than three months, and all model 3 models for sale now are more expensive.
It means that the 35k option is no longer listed on the ordering menu, but you can still buy it.
“Model 3 Standard will now be a software-limited version of the Standard Plus, and we are taking it off the online ordering menu, which just means that to get it, customers will need to call us or visit any one of the several hundred Tesla stores”
Source: https://www.tesla.com/blog/update-our-vehicle-lineup
They have a model 3 for $39k that come with autopilot. I’ve heard you can go to the store and get it cheaper without autopilot too but have to ask.
For those unaware, Tesla have recently launched a new version of the Tesla model 3 andcut the price to £40k with no options to pick since it comes with everything by default.
For comparison the poverty spec skoda octavia is £24.5k. Fuel for 100k miles is going to cost an extra £6.5k (according to Teslas calculator, maybe it's wrong) bringing the total to £31k.
That is less than 30% more for a car with far more equipment and much better performance. If you try to spec the octavia similarly it is more expensive before fuel and tax savings. The skoda octavia... more expensive than a Tesla...before fuel/tax savings...wtf...
Some others are even more shocking. The poverty spec Honda Civic is only £5k cheaper so more expensive after fuel savings for example.
How is it not the best value car on sale at the moment by a huge margin?
Perhaps it is the best value car, but only for the right type of customer. You'd have to point a gun at me to touch a Tesla, I'd happily pay more for something arguably inferior.
By your logic there’s a lot of EV’s that could also throw their hat into this ring. The MG4 Xpower for example is faster and cheaper than the new Tesla model 3.
You could argue a 15k fiat 500 is better value too. Or anything of that ilk. Tesla will have probably lost at least 20k in value after 100k miles, that’s 5k more than the fiat 500 purchase price.
Point being it’s a good value car but there’s plenty of competition out there.
Given that more and more information about the known issues across the product range (that Tesla deliberately hid) emerges daily, and the shitty build quality, plus Elon Musk being a despicable cunny, I'll put my money anywhere else thanks
The last point is enough for me, to be honest - he's such a dick that I'm shopping elsewhere.
On the flip side, Elon being a cunt is the only one of downsides that doesn't actually make the car itself worse
They're crap inside too based on the ride I had in a Model Y, and the driver assistance and cameras are all half-baked. Moment you drive the thing in British winter weather all the cameras get gunked up and then it spends the rest of the journey shouting at you because it can't see...
Oh and because Elon has this bizarre idea that if humans can drive using just their eyes then so can computers, the newer Teslas don't have any sensors but cameras. Which means instead of having ultrasonic parking sensors which have been proven to work over the last 30-odd years, the car just fucking guesses how far away obstacles are based on the camera feeds.
Seems like your entire post is just you trying to convince yourself it's good value so you can justify buying a Tesla.
If you want a Tesla and can afford it, get a tesla and buy one for the right reasons, Because you want one and you've worked for it. Which is the best and only reason to buy a new car, in my opinion.
Please don't buy in to the Tesla marketing wank though. A decent second-hand 1-2 year old car is going to be significantly better value than anything new.
And please, can we lay off the "Poverty spec" bollocks. I know it's a saying and all, but it's just counterproductive for so many reasons. it's insane to me that a car going for 25k new at any spec is considered poverty spec. Even with the minimum wage rise in April, it's still more than pre-tax, 40 hrs a week, annual income for someone working at that level.
It's cheap, but it's also built with a catapult.
I have a few friends who own Teslas, and they're all built like total shit. Rattles, leaks, misaligned panels, fucked up door seals, you name it.
Someone I know has a Leaf under lease
Most reliable car I've ever seen!
I think the regen braking really saves some wear on the brakes, as that's something they have never needed to do anything with
They keep trading in before the tires wear down enough to worry about
Range is very decent. They can get to the airport without needing to worry so much about charging stations. They charge when they can just to be safe, but they can skip that without worries
Sure, the Tesla's are nicer, but...
Correct would be that it matches the cheapest ICE vehicle in the US (if his calculation is correct).
Basically he is implying it is the cheapest car to drive, but there are probably other EVs that are cheaper
As a leaf owner lemme tell ya. Nothing is cheaper to run than a used leaf. It’s almost free
This guy LEAFs. I had a 2013 LEAF that I sold last year. It really did cost practically nothing to run. Between the gas savings, low maintenance, and the sale price, it was basically net 0 compared to some of our old ICE cars. I would buy it again if I needed a second vehicle.
Model 3 is more efficient. Rated consumption: Leaf 166 Wh/km vs Model 3 144 Wh/km
Five years and 57,000 miles in. All Ive done is replace tires, wipers, and cabin air filter.
I just hope they have a semi-permanent fix for the control arm failures in the model 3. That's really the only long term thing which worries me out of warranty.
What else do people expect to be replaced on an ICE car? I always see these posts and I‘m surprised cause its not really less than what I’m used to. But maybe I was just lucky or bought reliable cars.
I only replaced tires, wipers and admittedly had to do a few (free, included) oil changes on my Audi A3 at 62k miles. Still ran fine…
The cheapest new car. Most people buying a new car make above the $~68k needed to get the full rebate.
People with lower incomes aren’t the ones buying new cars to begin with.
That’s why I’m so excited about this tax credit. I make 83k and this puts a new model 3/y within my price range and that’s really a first for me. I’ve wanted a nice EV for a while and Tesla is the best from what I can tell. It’ll be my first new car also. Planning to buy around December.
It’s as old as the model 3 though.
Me and my 14 year old Corolla proudly dragging that number down.
Well was looking for a new business car at carmax and think I found a new personal. I test drove a model 3 a few months ago. I liked it but wasn’t sure if I was ready to switch to electric. This one I fell in love w. I would probably buy from tesla cause at 53k this one sits a bit high. (I specced a same color for less) What do yall think?
How is this already at car max? Someone took an L
the L isn’t available yet
They proably bought somethin more expensive
$53k? Yeah hard pass and buy new one.
With 11% interest rate lol
So someone modded a Juniper and hated it so much that instead of just returning to stock they let carmax have it?
NEVER MODIFY THE BANKS CAR!
The type of person to do this shit is also the type to get repo’d
Thanks. I hate it.
Gangster? You'll fit right in at the kid drop-off at pre-school.
No doubt. Soccer dad ballin’ out of control 😂
Can confirm, I dropped my preschooler off in the kid drop off line in a Tesla similar to this, with at least 3 others in the same line.
best affordable tesla car
Key Considerations for Affordable Tesla Cars
Model Options: The Tesla Model 3 is generally considered the most affordable option in Tesla's lineup. It offers a good balance of price, range, and features.
Range: Look for the range per charge. The Model 3 Standard Range Plus offers around 263 miles, which is suitable for most daily driving needs.
Performance: The Model 3 provides impressive acceleration and handling, making it fun to drive while still being practical.
Features: Consider the technology and features included, such as Autopilot capabilities, a large touchscreen interface, and over-the-air software updates.
Incentives: Check for any federal or state incentives for electric vehicles, which can significantly reduce the overall cost.
Recommendation: The Tesla Model 3 is the best affordable option, with a starting price around $40,000 (as of 2023). It combines affordability with excellent performance, range, and advanced technology. If you're looking for a used option, consider certified pre-owned Model 3s, which can offer substantial savings while still providing the benefits of a Tesla.
Get more comprehensive results summarized by our most cutting edge AI model. Plus deep Youtube search.