An all-electric sedan that combines cutting-edge technology, performance, and affordability in one complete package. The Tesla Model 3 is one of the most accessible electric cars on the market. Its latest iteration is built for long distances with a maximum range of up to 629 kilometres on a single charge. Road trips have never been easier or more convenient.
The latest Tesla Model 3 uses only the most sophisticated materials and elevated designs. The all-new interior features wraparound styling, custom ambient lighting, ventilated seating, and 360-degree acoustic glass providing the ultimate comfort and style. It also offers incredible convenience for both drivers and passengers. The eight-inch rear display gives passengers access to climate control and entertainment and the remote access capabilities let drivers control everything on the Tesla app.
How much does a Tesla Model 3 cost?
Tesla Model 3 costs between $54,900 to $80,900 excluding on-road costs, taxes, and other fees. The price may vary depending on the configuration, body type, and features.
The Tesla Model 3 Rear-Wheel Drive Sedan RWD model is the cheapest at only $54,900, the Model 3 Long Range Sedan 4WD is $64,900, and the Model 3 Performance Sedan 4WD is $80,900. The price differences are due to the contrast in specifications and capabilities.
Financing a Tesla Model 3
You can finance your Tesla Model 3 purchase through personal finance lenders and car finance brokers like CarLoans.com.au. If you want to get the best deal possible, it’s best to shop around various lenders and compare loans.
How much are repayments on a Tesla Model 3?
Repayments on a Tesla Model 3 are based on the type of financing you get. Your loan term, interest rates, repayment frequency, downpayment, and balloon payment will affect your total repayment amount.
Say you’re buying a mid-range Tesla Model 3 that costs around $61,900. Getting a car loan for the full amount with a fixed interest rate of 7.19% over five years you could see a monthly repayment of $1,231.25. Changing the frequency to fortnightly and you’ll see repayments of around $615.63 per fortnight. Adding a down payment or balloon payment could significantly reduce this number.
Before taking out a car loan, consult the experts. Schedule a call with expert brokers at CarLoans.com.au to learn more.
Things to consider when financing a Tesla Model 3
The main factors to consider when applying for a car loan are interest rates, associated fees, loan repayment frequency, loan terms, and loan features. These aspects of a loan can significantly affect your ability to repay it. Before buying a Tesla Model 3, make sure you get your financing in order.
Cars similar to the Tesla Model 3
If you’re looking for other affordable electric sedans, the Nissan Leaf is a great alternative. However, for those who want a longer range and more versatility, the Hyundai Kona could be a good choice.
