Tesla makes it tougher to buy the standard $35 000 Model 3

Apr 14, 2019, 01:13
Tesla makes it tougher to buy the standard $35 000 Model 3

Standard buyers can upgrade to a Standard Plus at any time. Ordering one requires a call or visit to a Tesla store.

Tesla's long-range, rear-wheel drive Tesla Model 3 will also be unavailable to order online.

And a standard Model 3 costing $35 000 just became harder for customers to actually order. The Model 3 with Standard Plus now costs US$39,500 with Autopilot included.

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Tesla announced a series of changes to its vehicle lineup and pricing, including making it tougher to buy its newly available entry-level $35 000 auto. It means the $35,000 Standard Model 3 will now be sold as a software-limited version of the Standard Plus. Thus, the latest iteration of $35,000 Model 3 loses its standard heated seats (sort of) and a couple miles of range (90% of 240 is 216, compared to its original estimated range of 220 miles). The blog post said Tesla was making the changes to "simplify vehicle choices and to make Autopilot more affordable". All Tesla vehicles that can be ordered online now come with the driver-assistance system Autopilot standard, the company said in a blog post.

Now, in the latest course correction, Tesla says it will end online sales of the long-awaited $35,000 version of its Model 3 sedan, its lowest-priced offering, and make other changes that will effectively raise the price of the auto for many customers. The decision to maintain ownership of its leased Model 3 fleet for such future use indicates Tesla's high level of confidence in the development of its Full Self-Driving program. The company pitched the change as an added value since, for example, the $37,500 Model 3 Standard Plus required an extra $3,000 to add Autopilot.

Turning our attention to the biggest news in regard to the Model 3, the electric sedan is available for lease in the U.S.

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On its ordering website, Tesla's default options are for customers to make a US$3,000 down payment and spend a total of US$4,199 at signing of a three-year, 10,000-mile annual lease. American buyers will only get a tax credit of $3,750 for the next couple of months before the credit drops to $1,875 for the remainder of the year.

It's important to highlight that "customers who choose leasing over owning will not have the option to purchase their auto at the end of the lease".

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