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buying The Tesla Model 3 Is Now Even More Expensive

19:15  04 november  2021
19:15  04 november  2021 Source:   autoweek.com

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Tesla's least expensive Model 3 now costs a lot more than it did a year ago—and will take longer to arrive from the factory. © Tesla Tesla's least expensive Model 3 now costs a lot more than it did a year ago—and will take longer to arrive from the factory.
  • The Tesla Model 3 Standard Range Plus becomes the de facto base model and gains 10 miles of range for a total of 272 miles.
  • The Model 3 now starts at $45,190, up $7000 from the start of the year, and after price hikes for all Tesla models earlier this fall.
  • Delivery times for Model 3s ordered today are now quoted to be in the second half of 2022.

Tesla is known for making adjustments to pricing and equipment in between traditional model years, but even by its own standard the Model 3 has been on something of a rollercoaster ride this year (albeit one that didn't involve a yoke steering). The automaker has revised the sedan's lineup, turning the Model 3 Standard Range Plus model, which has been the base version, simply into the Model 3, while giving it a little extra range just days after another price hike across the board.

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The Model 3, as the base model will now simply be known, has gained 10 miles of range for a current total of 272 miles. Of course, wheel choice matters, so the 272 rating applies to the Model 3 optioned with 18-inch wheels; those who opt for 19-inch wheels will get a rating of 267 miles along with them.

The least expensive Model 3 now starts at $45,100 after the $1200 destination fee, having reached a curious landmark. The once-hailed $35,000 Model 3 in reality was very short lived, disappearing into a secret menu of sorts and then vanishing altogether.

The Model 3 Long Range—one of the other two Model 3 variants along with Performance—has received a modest range hike as well, gaining 5 miles for a current rating of 358 miles when optioned with the smaller 18-inch wheels.

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We should note that just weeks ago, in early October, the starting price of the base Model 3 was $2000 less, so the difference won't be trivial for those who are instead ordering one in November. And earlier this year, the price of the Model 3 was even lower, having started the year at $38,190. The Model 3 has gained $7000 in price just this year alone.

Tesla did not give a reason for the price bump, though in practice it rarely does, but demand could certainly be a part of it. And one other aspect has increased along with range and price: Delivery times. Those who order one this week aren't likely to receive their cars until the second half of 2022. This only applies to the base model, however, as Long Range and Performance variants are available far sooner, in about a month's time.

So with demand being this steady and delivery dates already being almost a year away, Tesla can afford to charge more without suffering a drop in demand, even as competition from BMW is on the way.

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  Hertz Buying 100,000 Teslas in $4.2 Billion Deal, Making EVs 20 Percent of Its Fleet Rental-car giant to start rolling out Tesla Model 3s early next month and will provide customers free charging at Tesla stations through February 2022. Rental giant Hertz announced this morning that it is ordering 100,000 Tesla Model 3 EVs, giving it "the largest EV rental fleet in North America" and making EVs 20 percent of the Hertz fleet.Hertz promised that customers will start to find Tesla Model 3 cars at some locations in the U.S. and Europe starting in early November. The full 100,000-car order is expected to be fulfilled by the end of 2022.

The Model 3 has been one Tesla's two best-sellers, along with the Model Y, with the two models collectively accounting for 96% of Tesla's output this year, as the Model S and Model X waited for updates. This trend is likely to continue into 2022 and beyond, as Tesla readies two new plants aimed to increase production, one in Europe and one in the US.

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The Tesla Model Y Is Somehow a $60,000 Car Now .
It's not just the eggs, milk, and bacon that have surged in price. The Tesla Model Y is becoming less affordable with almost each passing month. Tesla Model Y price increased once again, just weeks after a prior price hike, to $60,190.The EV maker has recently raised prices on all models, after introducing some updates to the two older models in the range.Delivery times for the Long Range version of the Model Y are now in the second half of 2022.For starting out as a simple and affordable variant of the Model 3, the Model Y is suddenly a luxury-priced vehicle.

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