Tesla Model 3: You can buy 69 miles of more range for just $1,000 extra

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Interesting new Tesla facts and figures keep popping up from time to time. One such piece of information for potential buyers of the new Tesla Model 3 can be very useful to know before making a buying decision.

The new Tesla Model 3 Highland comes in three different variants. The standard Model 3 RWD, the mid-tier Model 3 Long Range AWD, and the top-end Model 3 Performance.

With the US Federal EV Tax Credit scheme, the prices of the Standard and Long Range Model 3 variants have come very close. The federal tax credit phased out for base Model 3 RWD and Long Range AWD variants at the start of this year.

However, later on, the Long Range Model 3 became eligible once again. The price of the Tesla Model 3 Rear-Wheel Drive (RWD) is $38,990 and it’s not eligible for the federal tax credit.

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Screenshot: Prices of all the variants of the Tesla Model 3 in the United States as of 28th June 2024. Tesla Model 3 Long Range AWD costs only $1K more than the base RWD variant.
Screenshot: Prices of all the variants of the Tesla Model 3 in the United States as of 28th June 2024. Tesla Model 3 Long Range AWD costs only $1K more than the base RWD variant. Source: Tesla online car configurator.

The price of the Tesla Model 3 Long Range All-Wheel Drive (AWD) is $47,490. Since it’s eligible for the full $7,500 federal EV tax credit, the price drops to $39,990 after deducting it from the cost of the vehicle.

Eligible Tesla electric vehicles get a direct point-of-sale (POS) price deduction of the federal tax credit. This removes the hassle of applying for a tax credit down the road and also gives a direct price discount at the time of vehicle purchase.

So, the Model 3 Long Range AWD variant is just $1,000 more expensive than the base Model 3 RWD. Tesla hasn’t explicitly mentioned it in its online car configurator.

However, if you click/tap the “Customize” link beside the Federal Tax Credit and Gas Savings toggle on the configurator. You can set the gas savings to 0 by putting 1 mile per year in the customization form. This will give you the actual prices after the federal tax credit deduction, not including estimated gas savings.

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For the extra $1,000 you get an All-Wheel Drive vehicle with 69 miles of more range. Model 3 RWD comes with 272 miles of range while the Long Range AWD comes with 341 miles.

Apart from the dual-motor drivetrain and increased range, Tesla Model 3 LR AWD also comes with a better sound system than the RWD base variant.

A better All-Wheel Drive drivetrain and increased range is a good bargain for just $1K extra. If I was going to buy a Model 3, I would certainly avail this opportunity.

Tesla Model 3 RWD comes with LFP batteries — which probably is the only advantage the base version of the vehicle has in my eyes. Tesla started shifting the base RWD Model 3 cars to LFP batteries in 2021. China-made Model 3 and Model Y also use LFP batteries from CATL. LFP batteries are long-lasting compared to the 2170 cells (more cycles) and also suffer less from range degradation over time.

Video: Tesla owner shares his Model 3 RWD with an LFP-based battery pack after driving it for more than 33,000 miles.
Tesla Model Y Accessories by EVANNEX (Sponsored Banner).
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Related Tesla Model 3 and Model Y News

Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. You can reach him on Twitter @IqtidarAlii

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