What used Tesla Model 3 hatchback will I get for my budget?
Prices for the Model 3 Standard Range start at around £37,000 for a 2019 car. Expect to pay more for the two higher models, between £40,000 and £45,000, and around the same for a 2020 version of the standard car. You’ll need upwards of £45,000 for a Long Range or Performance car from 2020.
How much does it cost to run a Tesla Model 3 hatchback?
There are no fuel costs, of course. Buying a Model 3 gives you access to Tesla’s own network of Superchargers, which allow you to charge the battery (from 10-80%) in as little as 30 minutes. You have to pay each time, but the price is reasonable, and the Supercharger network is more prolific and more reliable to use than any other. Of course, you can still charge up at any public CCS charging point if you need to, but this method takes longer (around 1hr 15min) for the same 10-80% top-up, whereas a full 0-100% charge at home using a 7kW charger takes around 11hr 45min.
All Model 3s have zero emissions and will pay zero tax under the current VED scheme. Being a fully electric car it’s also exempt from the supplementary luxury car tax that conventionally powered cars costing over £40,000 new have to pay.
Insurance costs will be on the high side, while servicing is required annually or every 12,500 miles and servicing plans are available. A three-year maintenance plan includes three inspections in total – one every 12 months or 12,500 miles, whichever occurs first – and can be paid for up front or in instalments at a cost of £1575.
The Model 3 comes with a four-year/50,000 mile warranty, with the battery and drive unit covered separately for eight years or 100,000 miles. Not only does this warranty cover the electrical bits against faults, it also guarantees a minimum 70% retention of battery capacity.
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