Tesla Model 3 Standard Range Plus

TBD

AFTER INCENTIVES

$33,490

MSRP

$37,990

See All Costs >

ESTIMATED INCENTIVES

$4,500

See All Incentives >

Loan Payment

$673 / month

Down Payment

$4,112

10% of MSRP plus tax

ESTIMATED INCENTIVES

$4,500

See All Incentives >

Lease Payment

$513 / month

FIRST LEASE PAYMENT

$4,626

See All Costs >

Incentives For Lease

$4,500

See All Incentives >

TYPE

Sedan

Minimum Seats

5

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

5,312 lbs/yr

Trees Planted

111

Gasoline Saved

417 gal/yr

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

TBD
TBD
TBD
TBD

Compare the Tesla Model 3 Standard Range Plus to a similar gas vehicle, the Honda Insight Touring

20,000 miles

5 Years

$3.16


Assumptions

Results have been updated as of 12/23/2020, 9:18:49 PM.

Cost to Fill Up Monthly

The Tesla Model 3 Standard Range Plus is $50 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
Tesla Model 3 Standard Range Plus$60$0$60
Honda Insight Touring$0$110$110

Cost of Ownership

The Tesla Model 3 Standard Range Plus is $2,038 cheaper to own over 5 Years



DescriptionTesla Model 3 Standard Range PlusHonda Insight Touring
Vehicle$27,432$24,376
Maintenance$3,197$5,741
Insurance$8,943$8,510
Electricity$3,600$0
Gasoline$0$6,583
Total$43,172$45,210


We selected the Honda Insight Touring based on its proximity to the Tesla Model 3 Standard Range Plus based on brand, size, and price.

Up to $4,500 in tax credits and rebates are potentially available
for the Tesla Model 3 Standard Range Plus

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit


Customers who purchase qualified residential fueling equipment before December 31, 2020, may receive a tax credit of up to $1,000.

Rebate

$1,500

California Clean Fuel Reward


A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption


Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

Financing

California Clean Vehicle Assistance Program Beneficial State Foundation


Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

Rebate

$2,000

California Clean Vehicle Rebate


The California Clean Vehicle Rebate Project (CVRP) offers rebates for the purchase or lease of qualified vehicles. Low income applicants are eligible for higher incentives.

Rebate

$1,000

SCE Clean Fuel Reward Program


SCE offers a $1,000 rebate to buyers of new or used electric vehicles. (may not be combined with the California Clean Fuel Reward point-of-sale rebate). Applications must be submitted by December 31, 2020.

Special EV Rate

SCE TOU-D-PRIME


Southern California Edison (SCE) offers a special rate to customers for electricity used to charge PEVs called TOU-D-PRIME. This Time-Of-Use (TOU) rate plan has the same periods as our TOU-D-4-9PM rate plan option but offers the lowest off-peak rates of all TOU rate plans to optimize savings while charging your vehicle.

Rebate

Up to $500

South Coast AQMD Resident EV Charging Incentive Pilot Program


Incentive of $250 for the cost of hardware for eligible Level 2 residential chargers. Chargers not listed on the online application may be considered for the program. An additional incentive of up to $250 will be available for low income residents. Eligible vehicles must be on the Clean Vehicle Rebate Project (CVRP) eligibility list. This rebate can only be stacked with other programs towards the cost of installation.

Charging Stations

Public stations
Installed by business or government
High Power Stations
DC fast charge or superchargers
Other Types of Stations
Private stations