![]() ![]() ![]() Tesla advertises a price of $32,740, but that's true only if you qualify for the updated EV tax credit.įor a little over "forty bands," customers get a vehicle that has an EPA-estimated range of 272 mi (438 km), can reach a top speed of 140 mph (225 kph), and can accelerate from naught to 60 mph (97 kph) in 5.8 seconds. That's what a customer pays today to get their new EV. It costs $40,240 if you don't add any options. Let's look at the numbersAt the time of writing, the cheapest new Tesla Model 3 is the single-motor rear-wheel Drive version. Someone living in Los Angeles needed just 24 hours to get behind the wheel of their new all-electric sedan. Reports coming from customers on multiple online platforms praise just how fast Tesla is moving its Model 3 inventory. Moreover, given the current delivery times and confusing communication coming from dealers of popular brands (that may or may not be very serious about putting EVs first), it is understandable why this thirsty-for-great-quarterly-results and direct selling pioneer may capture even more of the market. So, if anyone can choose, why not pick a car that doesn't break the bank, is better for the environment long term, doesn't require oil changes, can be charged at home or work, has tons of technology as standard equipment, can be upgraded over the air (even when recalls are announced), and can give the buyer a different perspective on how torque feels like when it is delivered instantly? Buying a Tesla Model 3, an all-electric car that seems to tick all the right boxes, starts to make sense. But what should one choose when the market is punishing buyers that don't have deep pockets or a willingness to splurge? Well, one should focus on alternatives! Thankfully, competition in the auto industry remains somewhat satisfactory, so there are some ways out of this conundrum. Thus, looking for a reliable and budget-friendly vehicle is something millions must occasionally do. However, this country's dislike for comprehensive public transport makes buying a car necessary. Consumer demand for other goods like vehicles will contract. Now, the priorities are health, food, personal care, and beverages. There aren't many savings left, the job market is tough, workers demand more from their employers, and inflation is changing consumer habits. The economy may be doing just fine (for now, at least), but many Americans are not. ![]()
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