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
Author of more than 1500 articles on Tesla, SpaceX, and EVs. His work has been liked and tweeted by Elon Musk and other prominent influencers. You can reach him on Twitter @IqtidarAlii

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