Tesla has launched a Model 3 with a mid-range battery that has a 260 mile range.
If you place a deposit on any Tesla via this referral link you will receive 6 months of free Tesla supercharger usage.
They’re advertising it as $33,200 after the federal tax credit and gas savings:
That’s $4,000 cheaper than Tesla has sold any car for until now.
Those prices are making a few assumptions though, as the full price is $45,000. Tesla is factoring in the $7,500 federal tax credit, though that requires delivery by 12/31/18. Deliveries from 1/1/19-6/30/19 qualify for a $3,750 credit. Deliveries from 7/1/19-12/31/19 qualify for a $1,875 credit.
Tesla also assumes that the average consumer driving 10K miles/year will save $4,300 on gas over 6 years assuming that they pay $2.85/gallon and pay $0.13/kwh for electricity.
States like CA, CT, NY, NJ, and PA also have sweet incentives on top of that.
The car includes the full premium interior and sound package, as Tesla doesn’t yet sell a Model 3 without that.
Internal combustion engines have dominated the auto industry for over a century and have made countries with oil, rich beyond their wildest dreams.
Tesla has finally managed to bring electric cars to the masses. Their design, speed, and auto-pilot are part of the fun that causes the Tesla grin, but what really has made Tesla a success is their Supercharger network.
Range anxiety is a big reason why electric cars have failed in the past, but with over 11K superchargers Tesla was the first to eliminate that problem. You can drive across the country and a Tesla will map out exactly where you can stop along the way to quickly supercharge your car so that you never run out of power.
If you place a deposit on any Tesla via this referral link you will receive 6 months of free Tesla supercharger usage.
Tesla is now putting in writing that you can return a new Tesla for 3 calendar days after delivery for a full refund if you don’t love your car, if you haven’t test-driven it. In other words, if you take delivery of a Tesla on a Sunday you can return it until Thursday. If you have taken a test drive, then the return policy is one day after delivery. Don’t plan on driving it across the country though, the return policy is only valid if the car was driven less than 500 miles.
Have you test-driven or do you own a Tesla? What are your impressions?
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29 Comments On "Tesla Launches Lower Cost Model 3 With 6 Months Of Free Supercharging; Now Offering a 4 Day Return Policy"
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Can I return it if they don’t deliver it by 12/31 for the tax credit?
You can drive it around for 2 or 4 days and still get a full refund for any reason, so the answer is of course you can.
The standard return period is one (1) calendar day after delivery. If you have taken delivery of your vehicle without ever having taken a test or demo drive with us, we understand that you may want additional time to get to know your vehicle. In that case, you will have three (3) calendar days after delivery to return your vehicle, subject to the terms and conditions of this policy.
only if
you have taken delivery of your vehicle without ever having taken a test or demo drive with us
That’s what I wrote in the post.
You are right as usual initily I understood from your post
if you don’t love your car, if you haven’t test-driven it. In other words,..
Either Or you should stress as follows
if you don’t love your car And you haven’t test-driven it. In other words,..
Do they take cc?
They do for the $2,500 deposit.
Good MS opportunity 😀
They’ll cut you a check if you return?
How much would we save with the gas close to $4 here in CA
Click on gas savings when designing your car to customize the amount.
If you drive 12K miles/year and have $4 gas you would save over $8,000.
Plus CA has additional tax incentives.
“The car includes the full premium interior and sound package, as Tesla doesn’t yet sell a car without that.”
Tesla doesn’t yet sell a Model 3 without that. MS and MX can be had without either.
Indeed, thanks.
How long does it take to fully charge?
A Model 3 can charge up to 44 miles of range per hour at home:
https://www.tesla.com/support/home-charging-installation/wall-connector
At a supercharger it will be significantly faster than that. Should get 125 miles of range in about 15 minutes.
Your assessment of the availability of supercharging is misleading. It is true that there are 11K superchargers but there are several chargers in each supercharging location (similar to there being a number of gas pumps in each gas station), so that there are only 1400 stations worldwide. Of those, there are only 1130 stations in North America (https://www.newsweek.com/tesla-hikes-supercharger-prices-how-much-each-state-will-cost-840143), compared with over 110,000 gas stations. This doesn’t do much for what you termed “range anxiety.” Many supercharger stations are are over 100 miles apart from each other, requiring a significant amount of advanced planning. You can’t just get in your car and go, and expect to be able to fill up wherever. It’s not a normal way to drive, having to plan your trip around filling stations.
Further, using the car for commuting is even less convenient, since, in that case, you’re going to be charging it at home, overnight, which takes several hours. If you forget to do that, well, you’d easily find yourself with a low battery, needing an hour of home charging, no supercharging station in range, and need to be at work in 20 minutes.
Depends on your needs I suppose.
Personally I’d rather plugin at home overnight, even if I had to plugin daily, than go to a gas station. Obviously not all will agree.
When you type in where you want to go on a road trip the car tells you exactly which supercharges you should stop at. They’re located along every major highway.
I’d be concerned if a station is closed for repairs, then it’s 200 miles between stops. Also, I’m just looking at woodbourne NY, let’s say someone has a bungalow in the summer, it’s 40 miles to the nearest supercharger in Kingston.
To me, this seems like the status of PCs in the 1970s/80s. A hobbyist’s toy at present, destined for greatness in the future.
Parenthetically, there’s also the issue of who’s charging system you’re using. I might be buying the equivalent of a Betamax machine now, only to find that 5 years down the road the country is populated by “VHS” chargers.
As for cost, the estimates seen to be that I’d save 2000 dollars in gas yearly if I used an electric car. But the charging would run me 1000 a year. Given that the 3 costs about 10K more to purchase than a similar gasoline powered car, I’d have to keep if for 10 years to break even. Or longer, given that I’ve ponied up the money up front.
So change it at the bungalow.
The need for a supercharger is for long distance trips.
If things change then an adapter will be made. That’s not at all comparable to VHS and betamax.
How would charging at home cost you that much? You’re using their calculater?
Dan
You plan on buying one in the near future?
Still driving my 2011 Altima for now, but the idea of moving away from gas sure is tempting for me.
I love the fact that they have a return policy. Really says something about how confident they are in their cars.
hope you at least own some TSLA stock,
if your interested here’s a great read
https://citronresearch.com/wp-content/uploads/2018/10/Citron-reverses-opinion-on-Tesla-too-compelling-to-ignore.pdf
just a question about the megamillions from your previous article if you win and you live in ny state which charges 8 percent which charges a lot of state taxes for lottos, can you quickly register to a different address in a place where the don’t have that 8% tax?
Sounds like a non-clever form of tax evasion to me
Tesla is definitely changing the world. And in the next two years it will be the most popular car in the US!! More than a great company, it has a mission!!!! Go TESLA all the way to profitability which btw might be right now ( will find out on next weeks earnings call).
I actually read about someone making good money by buying a Tesla with his credit card here’s the link@ lm. https://www.cnbc.com/2018/08/16/29-year-old-keith-rosso-bought-a-60000-dollar-tesla-with-a-credit-card-to-earn-rewards.html
how do you get insurance for three days?
You just never know with Tesla. Every day its something new. So unpredictable. There’s been reports that they may never even make the 35k model considering profitability etc… Don’t get me wrong. I think its cool and would love to own one. But he can change his mind at any given moment. Besides, this 45k model just has the 40 miles range added from 220 to 260 which in my opinion is insignificant. Its a waiting game. A long long waiting game
The 220 mile model with premium interior should cost about $40K if/when it comes out.
However you’ll also lose the full federal tax credit, making it a wash.
May as well get the 260 mile mid-range now and keep it only if you get it by 12/31 for the $7,500 tax credit. It’s not a bad deal deal at $37.5K out the door before the gas savings are factored in.
Electricity costs vary in many ways. The average customer pays more for the utility delivering electricity than the cost of the electricity. Utilities are terrified of the possibility of multiple cars being charged at the same time, especially on a high demand time and in close proximity. They are therefor offering very low delivery rates for time of day shifting and especially night time charging.