The Tesla Model 3 Performance is one of the most sought-after electric vehicles (EVs) on the market today. Known for its incredible acceleration, long-range capability, and advanced technology, this version of the Model 3 is designed for drivers who want both efficiency and thrilling performance.
If youre considering purchasing a Tesla Model 3 Performance, its essential to understand its pricing, features, and additional costs. well break down the base price, optional upgrades, taxes, incentives, and ownership costs to give you a clear picture of how much you can expect to pay.
Base Price of the Tesla Model 3 Performance
As of 2024, the Tesla Model 3 Performance has a starting price of approximately $52,000 in the United States. This price includes the standard features that come with the Performance model, such as:
- Dual Motor All-Wheel Drive (AWD)
- 0-60 mph in just 3.1 seconds
- Track Mode for high-performance driving
- Performance brakes for enhanced stopping power
- Upgraded suspension for better handling
- 20-inch Überturbine wheels
- Carbon fiber spoiler for improved aerodynamics
This base price may vary depending on your location and Teslas pricing adjustments.
Optional Upgrades and Additional Costs
While the Tesla Model 3 Performance comes well-equipped, there are several optional upgrades that can increase the total cost.
1. Exterior and Interior Customization
Tesla offers a variety of color and interior options that can add to the price:
-
Paint Colors:
- Pearl White (Standard) $0
- Solid Black $1,500
- Deep Blue Metallic $1,500
- Stealth Grey $2,000
- Ultra Red $2,500
-
Interior Options:
- Black Interior (Standard) $0
- Black and White Interior $1,000
2. Full Self-Driving (FSD) Package
The Full Self-Driving (FSD) package is Teslas most advanced driver-assistance feature. It currently costs $12,000 if purchased outright or $199/month as a subscription.
This package includes:
- Autosteer on city streets (still in beta)
- Navigate on Autopilot
- Automatic lane changes
- Autopark and Smart Summon
3. Destination and Documentation Fees
Tesla includes a destination and documentation fee of $1,390, which covers the cost of delivering the vehicle and processing paperwork.
4. Taxes and Registration Fees
Taxes and registration fees vary by state and country, but they can add between 5-10% to the total cost.
For example, if you purchase the Tesla Model 3 Performance for $52,000, sales tax could range from $2,600 to $5,200, depending on where you live.
Final Estimated Cost of the Tesla Model 3 Performance
Heres an estimated breakdown of the total cost for a fully-loaded Tesla Model 3 Performance:
| Item | Estimated Cost |
|---|---|
| Base Price | $52,000 |
| Ultra Red Paint (Optional) | $2,500 |
| Black and White Interior (Optional) | $1,000 |
| Full Self-Driving Package (Optional) | $12,000 |
| Destination ‘ Documentation Fees | $1,390 |
| Estimated Taxes (8%) | $4,500 |
| Total Estimated Cost | $73,390 |
If you skip the optional upgrades, the total cost will be much lower, likely around $56,000 to $58,000, depending on taxes and fees in your area.
Federal and State Incentives
One of the biggest advantages of buying a Tesla Model 3 Performance is the potential tax credits and incentives available for electric vehicles.
1. Federal Tax Credit
As of 2024, the Tesla Model 3 Performance qualifies for a $7,500 federal tax credit in the U.S., which can significantly reduce the cost of the vehicle.
2. State and Local Incentives
Many states offer additional rebates and tax credits, such as:
- California: Up to $7,500 in rebates and incentives
- New York: Up to $2,000 in rebates
- Colorado: Up to $5,000 in state tax credits
These incentives can further reduce the total purchase price, making the Tesla Model 3 Performance more affordable.
Cost of Ownership: Is It Worth It?
While the Tesla Model 3 Performance has a higher upfront cost, its low maintenance and fuel savings make it a cost-effective choice in the long run.
1. Charging Costs vs. Gasoline
Tesla owners save significantly on fuel costs compared to gasoline-powered vehicles.
- Charging at Home: Around $10-$15 per full charge
- Supercharging: Approximately $20-$30 for a full charge
- Annual Charging Costs: Estimated at $500-$700 per year
Compared to a gasoline car that costs $2,000+ per year in fuel, Tesla owners can save over $1,000 annually.
2. Maintenance Savings
Unlike traditional cars, Tesla vehicles require no oil changes, fewer brake replacements, and less engine maintenance.
Estimated annual maintenance costs:
- Tesla Model 3 Performance: $300-$500 per year
- Gasoline Sports Car: $1,000-$2,000 per year
3. Insurance Costs
Insurance for a Tesla Model 3 Performance can range between $1,500 to $2,500 per year, depending on your location and driving history.
Leasing vs. Buying a Tesla Model 3 Performance
If purchasing a Tesla Model 3 Performance outright isnt ideal, leasing might be a good alternative.
Tesla Lease Pricing (Estimated)
- Monthly Lease Payment: Around $700-$900
- Down Payment: Typically $4,500
- Lease Term: 36 months
Leasing allows you to drive a new Tesla every few years without worrying about depreciation. However, it limits customization options and does not allow you to claim tax incentives.
Is the Tesla Model 3 Performance Worth the Price?
The Tesla Model 3 Performance is a high-performance, eco-friendly vehicle with cutting-edge technology and long-term savings. While the initial cost may seem high, incentives, fuel savings, and low maintenance costs make it a financially smart choice over time.
Pros of Buying a Tesla Model 3 Performance
? Blazing-fast acceleration (0-60 mph in 3.1 seconds)
? Lower operating costs than gas-powered cars
? Federal and state tax incentives to reduce the cost
? Access to Teslas Supercharger network
? Autopilot and optional Full Self-Driving (FSD) capabilities
Cons of Buying a Tesla Model 3 Performance
? Higher upfront price compared to gas-powered cars
? Full Self-Driving (FSD) is expensive and still evolving
? Insurance can be costly depending on the provider
If youre looking for a high-performance electric car with excellent range, advanced technology, and a thrilling driving experience, the Tesla Model 3 Performance is one of the best options available today.