Tesla Model 3 Standard Range Plus

AFTER INCENTIVES

$34,490

MSRP

$37,990

ESTIMATED INCENTIVES

$3,500

Loan Payment

$670 / month

Down Payment

$4,093

10% of MSRP plus tax

ESTIMATED INCENTIVES

$3,500

Lease Payment

$511 / month

FIRST LEASE PAYMENT

$4,605

Incentives For Lease

$3,500

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

3,555 lbs/yr

Trees Planted

Gasoline Saved

417 gal/yr

See the FAQ page for detailed explanations about your EV

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 Honda Insight Touring

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$2.95

Assumptions

Sales Tax7.75%

Electricity Rate$0.1169/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 1/22/2021, 11:11:36 PM.

The Tesla Model 3 Standard Range Plus is $56 cheaper to fill up monthly

See the FAQ page for detailed explanations about your EV

Vehicles	Electricity	Gasoline	Total
Tesla Model 3 Standard Range Plus	$47	$0	$47
Honda Insight Touring	$0	$102	$102

The Tesla Model 3 Standard Range Plus is $1,440 cheaper to own over 5 Years

See the FAQ page for detailed explanations about your EV

Description	Tesla Model 3 Standard Range Plus	Honda Insight Touring
Vehicle	$28,242	$24,231
Maintenance	$3,197	$5,741
Insurance	$8,943	$8,510
Electricity	$2,806	$0
Gasoline	$0	$6,146
Total	$43,187	$44,627

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

See the FAQ page for detailed explanations about your EV

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

Up to $3,500 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, 2021, may receive a tax credit of up to $1,000.

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.

Vehicle 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.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption

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

Vehicle 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.

Charging Stations

Public stations
Installed by business or government

High Power Stations
DC fast charge or superchargers

Other Types of Stations
Private stations