Tesla Model 3 RWD
AFTER INCENTIVES
$49,990
MSRP
$54,990
See All Costs >ESTIMATED INCENTIVES
$5,000
See All Incentives >Loan Payment
$1,017 / month
Down Payment
$6,214
10% of MSRP plus taxESTIMATED INCENTIVES
$5,000
See All Incentives >Lease Payment
$668 / month
FIRST LEASE PAYMENT
$6,882
See All Costs >Incentives For Lease
$5,000
See All Incentives >TYPE
Sedan
Minimum Seats
5
FUEL TYPE
BEV
ELECTRIC RANGE
438 km
KILOMETERS PER 30 MIN OF FAST CHARGING
~ 156 km
TIME TO CHARGE - LEVEL 2
~ 7 hr 50 min
BATTERY SIZE
60 kWh
CO2 EMISSIONS REDUCTION
3,692 kg/yr
Trees Planted
167.818
Gasoline Saved
1,800 L/yr
For more details including charts & calculations, please view this page on a desktop.
Compare the Tesla Model 3 RWD to a similar gas vehicle, the BMW 530i xDrive
Assumptions
Sales Tax13.00%
Electricity Rate$0.1471/kWh
Some Canadian jurisdictions are currently offering COVID relief to lower electricity rates. The rates and pricing published on this website are based on publicly available sources and tailored to your postal code. Please consult your local electricity provider to confirm current pricing in your area.
The Tesla Model 3 RWD is $180 cheaper to fill up monthly
| Vehicle | Electricity | Gasoline | Total |
|---|---|---|---|
| Tesla Model 3 RWD | $39 | $0 | $39 |
| BMW 530i xDrive | $0 | $219 | $219 |
The Tesla Model 3 RWD is $28,338 cheaper to own over 5 Years
| Description | Tesla Model 3 RWD | BMW 530i xDrive |
|---|---|---|
| Vehicle | $43,833 | $57,722 |
| Maintenance | $3,418 | $6,750 |
| Insurance | $7,095 | $7,425 |
| Electricity | $2,354 | $0 |
| Gasoline | $0 | $13,140 |
| Total | $56,700 | $85,037 |
Compare the cumulative lifetime cost of the Tesla Model 3 RWD to a BMW 530i xDrive
| Year | Tesla Model 3 RWD | BMW 530i xDrive |
|---|---|---|
| Year 0 | $49,990 | $65,000 |
| Year 1 | $59,712 | $78,913 |
| Year 2 | $62,285 | $84,376 |
| Year 3 | $64,859 | $89,839 |
| Year 4 | $67,432 | $95,302 |
| Year 5 | $56,700 | $85,037 |
Note: Breakeven chart assumes the vehicles are purchased in cash.
Up to $5,000 in tax credits and rebates are potentially available
for the Tesla Model 3 RWD
Charging Stations
Installed by business or government
DC fast charge or superchargers
Private stations
