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<\/p>\nTesla has cut the price of its inventory once again, and this time around prospective customers can get a brand-new Model 3 for a smidge over $35,000 without factoring in any tax credit or incentive, which is a pretty good deal.<\/p>\n
According to Tesla\u2019s website, the cheapest Model 3 Rear-Wheel Drive in the company\u2019s inventory costs $35,090 and is a brand-new vehicle painted in Midnight Silver Metallic Paint. It also comes with 18-inch Aero wheels, an all-black partial premium interior, Autopilot, and a 30-day trial for the automaker\u2019s Premium Connectivity feature.<\/p>\n
The second cheapest Model 3 is $35,140 and has 731 miles on the odometer (it was a demo vehicle). In total, at the time of publication, there were 12 sub-$36,000 Model 3s in Tesla\u2019s inventory and 38 vehicles under $37,000.<\/p>\n
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Tesla Model 3 inventory price cuts (December 7, 2023)<\/p>\n
By contrast, a brand-new, built-to-order Model 3 starts at $38,990, so getting one that\u2019s over $3,000 cheaper sounds nice. Besides the price drop for inventory EVs, Tesla is also offering six months of free Supercharging for people who take delivery of a Model 3 or Model Y by the end of the year. Plus, customers who get a Model 3 by December 31 are eligible for the full $7,500 federal tax credit which is due to change next year.<\/p>\n
Furthermore, some states offer additional incentives for buying a new EV, which can lower the final cost even further. For instance, Colorado offers an additional $5,000 tax credit, meaning that the cheapest Model 3 in Tesla\u2019s inventory can have a final cost of $22,590 after the owner takes advantage of the tax credits.<\/p>\n
The price cuts are also valid for the other drivetrain versions of the Model 3. An inventory Long Range Dual Motor sedan starts at $42,740 on Tesla\u2019s website, while the Performance trim starts at $45,890 if one chooses to buy a ready-made one. Custom-built, a Model 3 Long Range goes for $45,990 and a Performance starts at $50,990, so there\u2019s a consistent price drop for these more expensive models, too.<\/p>\n
The Austin-based EV maker previously slashed the selling price of its inventory models last month, but now it has gone even lower. In November, the cheapest ready-made Model 3 had a $36,260 price tag.<\/p>\n