Buying a new car is a big investment. It is one of the biggest financial decisions we have to make. So you should give it a good thought before finalizing anything.
Especially when it comes to an electric vehicle, things get a bit tricky. For price point comparison you cannot look at gasoline powered cars.
Electric cars have high initial prices but they will save you a fortune in maintenance and fuel cost. In this blog, we’ll try to find the cheapest yet good electric cars made by Tesla.
Let’s get started!
Recent Price Hikes in Electric Vehicle Industry
During the last couple of years, we have observed significant increases in price of electric cars. One of the major reasons for this was the global chip shortage, which caused huge production problems for the EV industry.
The demand of EVs still showed no signs of slowing down, rather it increased exponentially. Tesla Model 3 and Model Y turned out to be massively successful during this period. They can also be considered the driving force behind Tesla’s popularity in present times.
Now onto the cheapest and most affordable Tesla models available on the market.
Cheapest Tesla Models
On the basis of the current market prices, following are the cheapest Tesla Models that we’d recommend you to buy.
Tesla Model 3
The most affordable of all Tesla Models is the Model 3. Despite a major price hike in 2022, it is still the most affordable car by the company.
The base variant with a rear wheel drive powertrain starts at only $46,990. It has an estimated range of 272 miles on a single charge. The performance characteristics are good as it can go from 0 to 60 mph in just 3.1 seconds.
The price for the top of the line variant of Model 3, Performance goes up to $62,990. It comes with a dual motor and all-wheel drive system.
Performance trim is equipped with two independent motors. They digitally control the torque to front and rear wheels which gives exceptional traction control and handling.
Regardless of whichever trim you choose, you have to pay extra for the charging connector.
Tesla Model Y
Model Y is larger in size compared to the Model 3, and costs more as well. It is offered in two trims, the AWD Long Range and the Performance Trim, for $65,990 and $69,990 respectively.
Most prominent highlight of the top of the line Model Y trim is the seven-seat interior. It allows the buyers to add an optional third-row for extra $3,000.
The Model Y has an estimated range of 310 miles on a single charge. It can reach a top speed of 135 mph and clocks 0 to 60 mph in just 4.8 seconds.
However, some of the users have highlighted a couple of drawbacks.
For instance, the material used on the interior doesn’t justify the hefty price tag. The center of gravity is also on the higher side which leads to rough ride experience on bumpy roads.
Tesla Model S
Tesla Model S is one of the most popular electric vehicles available in the market. It is more expensive than both Model 3 and Model Y, but it surpasses both in almost all segments.
The Dual Motor AWD trim starts at $104,990, while the Model S Plaid costs you around $140,990.
Model S gives a peak power output of 1020 hp, and has an estimated range of 396 miles. With its impressive acceleration, it can go from 0 to 60 mph in just 1.99 seconds.
Final Word
Tesla Models are not amongst the most affordable EVs you’ll find on the market. However, if you’re are looking for a good EV on a budget, Tesla Model 3 is a great option.
To find more informative blogs and tips related to Tesla vehicles, you can visit our website tlyard.com.
Tlyard is an online store and a single stop solution for very interesting modifications and upgrades you can make in your Tesla.