When considering a brand-new Tesla, you'll find a wide price range. The Model 3 starts at about $38,990, while the popular Model Y kicks off at $49,990. If you're looking to upgrade, the Model S begins at $76,630, and the Model X starts around $81,630. Upcoming models like the Cybertruck vary from $60,990 to $99,990. You can also customize vehicles, which may impact the final price. Plus, Tesla offers flexible financing and leasing options, making your purchase manageable. Curious about additional features and costs? There's more to explore to help you make an informed choice.
Key Takeaways
- The Tesla Model 3 starts at $38,990 for the Rear-Wheel Drive variant, with higher trims costing more.
- The Model Y, Tesla's best-selling vehicle, begins at $49,990, with options increasing the price.
- Upcoming Cybertruck models range from $60,990 to $99,990, with deliveries expected in 2025.
- Tesla Model S and Model X start at $76,630 and $81,630 respectively, with various performance options available.
- Financing options include loans and leasing, with interest rates ranging from 6.25% to 12.65% based on credit.
Tesla Model Pricing Overview
When considering a Tesla, it's essential to understand the pricing landscape. The Tesla Model 3 stands out as the least expensive Tesla, starting at $38,990 for the base Rear-Wheel Drive version.
Meanwhile, the Tesla Model Y, known as the brand's best-selling car, begins at $49,990. If you're interested in more performance, you'll find the Model 3 Performance priced at $54,990, and both the Model 3 and Model Y offer Long Range models that come at a premium.
Tesla vehicle prices can greatly vary, reaching up to $113,630 for a fully customized Model X. As you explore options, consider the upcoming Tesla Cybertruck, which is set to range from $60,990 to $99,990, with deliveries anticipated in 2025.
Additionally, don't forget about the federal EV tax credit of $7,500 available for eligible models. However, be mindful of the price caps: the Model 3 is capped at $55,000 and the Model Y at $80,000.
Understanding this pricing overview will help you make informed decisions as you explore the Tesla lineup.
Pricing Breakdown by Model
Understanding Tesla model prices can help you pinpoint the right option for your budget and needs.
Here's a breakdown of the current models and their starting prices:
- Tesla Model 3:
- Rear-Wheel Drive: $40,630
- Long Range: $44,130
- Performance: $56,630
- Model Y:
- Starting Price: $46,630
- Long Range: $50,630
- Performance: $53,130
- Model S:
- AWD variant: $76,630
- Plaid version: $91,630
- Range: up to 402 miles
- Model X:
- Long Range: $81,630
- Plaid: $96,630
- Range: up to 335 miles
Each model offers various options tailored to your needs, whether you prioritize performance or range.
For example, the Tesla Model Y Long Range gives you both space and efficiency, while the Model S's Plaid variant is designed for an exhilarating driving experience.
With this overview, you're one step closer to finding your ideal Tesla!
Upcoming Models and Their Costs
Exciting new Tesla models are on the horizon, catering to a variety of preferences and budgets.
The 2025 Cybertruck RWD is expected to start at $61,240, offering a solid estimated range of 250 miles and a 0-60 mph time of 6.5 seconds.
If you're looking for something with a bit more power, consider the 2024 Cybertruck AWD priced at $80,240, which provides a 340-mile range and zips from 0-60 mph in just 4.1 seconds.
For the performance enthusiasts, the 2024 Cybertruck Cyberbeast will retail at $102,240 and features an incredible 0-60 mph time of 2.6 seconds, alongside a 320-mile range.
Looking ahead, the anticipated 2026 Tesla Roadster is projected to range between $200,000 and $250,000, boasting a jaw-dropping 0-60 mph time of 1.9 seconds.
On a more affordable price point, there's a rumored 2026 Tesla Hatchback expected to be around $25,000, delivering an estimated range of 250+ miles and accelerating to 60 mph in about 6 seconds.
Keep an eye out for these exciting upcoming models!
Financing and Leasing Options
As you evaluate your options for purchasing one of Tesla's upcoming models, it's important to explore the financing and leasing available. Tesla provides flexible financing through either third-party loans or directly with them. Interest rates range from 6.25% to 12.65%, depending on your credit score and the loan term length. You can manage your monthly payments conveniently via the Tesla App.
Leasing is also an option, available in 44 states, but keep in mind that there's no purchase option at lease end. If you exceed the agreed mileage limit, you'll incur a charge of $0.25 per mile.
While leasing may suit infrequent drivers or those with short commutes, remember that the federal EV tax credit of $7,500 doesn't apply to leased vehicles, affecting the effective cost.
Here are some key points to evaluate:
- Financing offers better tax incentives.
- Leasing generally has lower monthly payments.
- Interest rates vary based on credit score.
- The Cybertruck isn't available for leasing.
Evaluate your driving habits and financial situation to determine the best option for your Tesla journey!
Maintenance and Insurance Expenses
When it comes to owning a Tesla, maintenance and insurance expenses are generally lower than those of traditional gas-powered vehicles.
For instance, the projected five-year maintenance costs for the Model 3 are estimated at just $980, primarily due to tire care. You'll find that annual servicing is often deemed unnecessary; instead, Tesla recommends service as needed, which can save you money on routine maintenance.
Insurance options also make a difference. Tesla offers unique insurance policies that adjust premiums based on your individual driving performance. By monitoring your driving behavior, the system provides a Real-Time Safety Score that can influence your rates.
With monthly updates reflecting your habits, you could see lower insurance costs if you maintain safe driving practices. If you live in an area where Tesla insurance isn't available, like California, you can still find alternative providers.
Frequently Asked Questions
How Much Is a Brand New Tesla?
If you’re looking to buy a brand-new Tesla, prices start around $38,990 for the Model 3. Higher models like the Model Y and luxury options can reach upwards of $77,990 or more. Tesla vehicles are known for their innovative electric technology and long-lasting battery life. However, over time and with heavy use, the need for a Tesla battery replacement may arise. The cost of replacing a Tesla battery can vary depending on the model and the age of the vehicle, but it’s an important consideration for potential buyers to factor into their overall ownership costs.
How Much Is a Tesla to Buy New?
When you consider buying a new Tesla, like the Model Y starting at $49,990, remember to factor in additional costs such as delivery fees and taxes, which can greatly increase your overall investment.
How Much Will Tesla Model Y Cost in 2024?
In 2024, the Tesla Model Y starts at $46,630. If you opt for the Performance variant, it'll cost $53,130. You might also qualify for a $7,500 federal tax credit on your purchase.
Which Tesla Is Better, 3 or Y?
When deciding between the Model 3 and Model Y, consider your needs. If you prioritize efficiency and price, go for the Model 3. If space and family needs matter more, the Model Y's your best bet.
Conclusion
As you explore the world of Tesla, you might find the numbers surprising, or perhaps even a little intimidating. But remember, the investment in a Tesla isn't just about the upfront cost—it's about embracing cutting-edge technology and sustainability. With financing options and potential savings on maintenance, it's a journey worth considering. So, what's stopping you from stepping into the future? Your Tesla awaits, but only if you're ready to take the leap.
Alex is our go-to expert on performance tuning, with over a decade of experience in the automotive industry. His deep understanding of engine dynamics, exhaust systems, and performance software allows him to break down complex concepts into easy-to-follow guides. Whether you’re looking to boost horsepower or fine-tune your vehicle’s responsiveness, Alex’s insights will help you achieve peak performance.
