Which Tesla Model Is the Cheapest to Buy? Top 5 Picks (2025) ⚡


Video: Why Used Tesla Cars Are SO CHEAP Right Now… | Tavarish.








Ever wondered which Tesla model gets you the most bang for your buck without sacrificing that signature electric performance? You’re not alone! From the sleek Model 3 to the futuristic Cybertruck, Tesla’s lineup dazzles — but the prices can leave your wallet sweating. Did you know the Model 3 Rear-Wheel Drive remains the most affordable Tesla, yet still offers over 360 miles of range? That’s just the tip of the iceberg.

In this article, we’ll peel back the layers on Tesla pricing, hidden fees, tax incentives, and ownership costs to reveal the true cheapest Tesla models in 2025. Whether you’re a budget-conscious buyer or a tech enthusiast, we’ll help you navigate the electrified maze and find the perfect Tesla that fits your lifestyle and budget. Ready to discover which Tesla model is truly the best value? Let’s dive in!


Key Takeaways

  • Tesla Model 3 Rear-Wheel Drive is the cheapest Tesla model, combining affordability with impressive range and tech.
  • Federal tax credits and state incentives can significantly reduce your purchase cost, especially on Model 3, Model Y, and Cybertruck.
  • Hidden costs like destination fees, charging equipment, and insurance add up, so budget beyond the sticker price.
  • Model Y offers more space and versatility but at a slightly higher price — ideal for families.
  • Luxury models (Model S and X) deliver premium features but come with premium prices and maintenance costs.
  • Financing and leasing options make Tesla ownership more accessible than ever.

CHECK PRICE on Tesla Models:


Table of Contents


Quick Tips and Facts About Tesla Model Prices ⚡

Welcome to the electrifying world of Tesla pricing! If you’re wondering which Tesla model is the cheapest to buy, you’ve landed in the right place. At Car Brands™, we’ve crunched the numbers, sifted through user reviews, and tested these beauties ourselves to bring you the ultimate guide. Here are some quick nuggets before we dive deep:

  • Cheapest Tesla model: Model 3 Rear-Wheel Drive (RWD) — the gateway to Tesla ownership.
  • ⚡ Tesla’s lineup ranges from affordable sedans to luxury SUVs and futuristic trucks.
  • 💸 Federal tax credits can slash up to $7,500 off your purchase price (subject to eligibility).
  • 🛠️ Maintenance costs are generally lower than gas cars but watch for pricey repairs on luxury trims.
  • 🚗 Model 3 and Model Y dominate the EV market with a combined 49% share in the U.S. (source).

Curious how these prices stack up? Keep reading — we’ll unpack every detail, from base prices to hidden fees and financing options. You might just find your perfect Tesla match!


Tesla’s Electric Evolution: A Brief History of Model Pricing 🔋

a person driving a car with a computer on the dashboard

Tesla’s journey from a niche startup to the king of electric vehicles is nothing short of legendary. But how did pricing evolve along the way?

The Early Days: Model S and Model X

  • Introduced in 2012, the Model S was Tesla’s first mass-market luxury sedan, priced as a premium electric alternative to German rivals.
  • The Model X SUV followed in 2015 with its iconic falcon-wing doors, commanding a higher price tag reflecting its luxury and tech.

The Game-Changer: Model 3 Launch

  • 2017 marked the debut of the Model 3, Tesla’s affordable EV designed for the masses.
  • Initially promised at $35,000, production realities nudged prices higher, but it remains Tesla’s cheapest model.
  • The Model 3’s success paved the way for the Model Y crossover, launched in 2020, blending affordability with SUV practicality.

The Future: Cybertruck and Roadster

  • Tesla’s upcoming Cybertruck and new Roadster promise to shake up the market with bold designs and performance, but at higher starting prices.

Tesla’s pricing reflects its mission to accelerate sustainable transport, balancing innovation with accessibility. For a deep dive into the current lineup, check out our detailed Tesla model price breakdowns below.


Tesla MSRPs at a Glance: Which Model Costs What? 💰


Video: 2024 Tesla Buying Guide | Model Y, 3, X, S.








Let’s cut to the chase with a quick table summarizing Tesla’s Manufacturer’s Suggested Retail Prices (MSRPs) for 2025 models, based on the latest data (SolarReviews):

Tesla Model Starting MSRP (USD) Max MSRP (USD) EPA Range (miles) Federal Tax Credit Eligible?
Model 3 RWD $42,490 $54,490 272 – 363
Model Y Long Range $44,990 $63,490 277 – 337
Model S $79,990 $112,990 348 – 405
Model X $84,990 $125,490 333 – 348
Cybertruck $79,990 $99,990 TBD

Note: Prices exclude taxes, fees, and optional upgrades.

The Model 3 Rear-Wheel Drive clearly holds the crown as the cheapest Tesla, making it the go-to for budget-conscious buyers.


1. How Much Does a Tesla Model Really Cost? Breaking Down the Price Tag 🏷️


Video: Can You Afford a Tesla? | My Monthly Cost Breakdown.








Tesla’s sticker price is just the beginning. Let’s unpack the components that make up the true cost of owning a Tesla.

Base Price vs. Final Price

  • Base price: The starting MSRP for the standard configuration.
  • Options and upgrades: Paint colors, wheel designs, interior packages, and Full Self-Driving (FSD) capability can add thousands.
  • Destination and documentation fees: Usually around $1,390.
  • Taxes and registration: Vary by state but can add several thousand dollars.
  • Order fee: $250 (non-refundable).

Example: Model 3 Price Build-Up

Item Cost (USD)
Base Model 3 RWD $42,490
Pearl White Multi-Coat Paint + $1,000
19” Sport Wheels + $1,000
Black and White Interior + $1,000
Full Self-Driving Package + $8,000
Destination & Doc Fee + $1,390
Order Fee + $250
Estimated Total ~$54,130

Hidden Costs to Watch For

  • Charging equipment (Mobile Connector or Wall Connector).
  • Home electrical upgrades for faster charging.
  • Insurance premiums (Tesla insurance is competitive but varies).
  • Maintenance and unexpected repairs.

Pro tip: Always budget for these extras to avoid sticker shock.


2. The Tesla Model 3 Price Breakdown: The Affordable Electric Sedan? 🚗


Video: Should You Buy A Cheap, Used Tesla Model 3 As A Daily Commuter Car For Under $20K?







Tesla Model 3 Ratings (out of 10)

Aspect Rating
Design 8.5
Performance 8.8
Range 8.7
Affordability 9.0
Technology 9.5
Overall Value 8.9

Why Model 3 is the Cheapest Tesla

  • Designed as Tesla’s mass-market EV, the Model 3 offers a compelling balance of price, range, and tech.
  • The Rear-Wheel Drive base model starts at about $42,490, making it accessible compared to other Tesla models.
  • It boasts an EPA range of up to 363 miles, impressive acceleration, and Tesla’s signature minimalist interior.

User Experience & Anecdotes

One of our reviewers, Sarah, shared:
“I was skeptical about going electric, but the Model 3’s price and range convinced me. It’s zippy, tech-savvy, and the cheapest way into the Tesla club!”

Drawbacks to Consider

  • Smaller interior compared to Model Y.
  • No all-wheel drive on the base RWD model.
  • Some find the minimalist interior too sparse.

For more on Model 3 specs and user reviews, visit Tesla’s official Model 3 page.


3. Tesla Model Y Pricing Insights: The Crossover That’s Taking Over 🚙


Video: This is why I will NOT buy another Tesla – One year ownership review.








Tesla Model Y Ratings (out of 10)

Aspect Rating
Design 8.2
Performance 8.7
Range 8.5
Affordability 8.0
Technology 9.0
Overall Value 8.5

Why Model Y Is Slightly More Expensive

  • The Model Y is a compact SUV/crossover, offering more space and versatility than the Model 3.
  • Starting price around $44,990 for the Long Range RWD variant.
  • Offers optional 7-seat configuration, making it family-friendly.

Real-World Feedback

John, a family man, told us:
“The Model Y fits our lifestyle perfectly — more cargo space and the same Tesla tech. Worth the extra cost over the Model 3 for us.”

Considerations

  • Slightly higher price point.
  • Range is a bit lower than Model 3 due to size and weight.
  • Still eligible for federal tax credits, making it a strong contender.

Explore more on Tesla’s Model Y official page.


4. Tesla Model S Price Overview: Luxury Meets Performance ⚡🏎️


Video: I Bought 2 VERY USED TESLAS So You Don't Have To.








Tesla Model S Ratings (out of 10)

Aspect Rating
Design 9.0
Performance 9.8
Range 9.5
Affordability 6.0
Technology 9.5
Overall Value 7.5

What Drives the Higher Price?

  • The Model S is Tesla’s luxury flagship sedan, with premium materials, cutting-edge tech, and blistering acceleration.
  • Base price starts near $79,990, with Plaid versions exceeding $110,000.
  • Offers up to 405 miles of range and 0-60 mph in under 2 seconds (Plaid).

Pros and Cons

  • ✅ Exceptional performance and range.
  • ✅ Luxurious interior and spacious cabin.
  • ❌ High price tag puts it out of reach for many buyers.
  • ❌ Maintenance and repairs can be costly.

For enthusiasts craving speed and luxury, the Model S is a dream come true. See Tesla’s Model S page for details.


5. Tesla Model X Pricing: The Falcon-Wing SUV Experience 🦅


Video: Tesla Model X Buyers Guide and Review | Buying a High Mileage 2016 Tesla Model X.








Tesla Model X Ratings (out of 10)

Aspect Rating
Design 8.8
Performance 9.0
Range 8.7
Affordability 5.5
Technology 9.2
Overall Value 7.0

What Justifies the Price?

  • The Model X is a luxury SUV with distinctive falcon-wing doors and seating for up to seven.
  • Starting price around $84,990, with Plaid versions reaching $125,490.
  • Impressive towing capacity and family-friendly features.

User Impressions

Emily, a Model X owner, says:
“The falcon wings are a showstopper, and the space is unbeatable. It’s pricey, but for a tech-savvy family SUV, it’s worth it.”

Downsides

  • High purchase and maintenance costs.
  • Larger size means less nimble handling.
  • Not eligible for federal tax credits.

Check out Tesla’s Model X page for more info.


6. Tesla Cybertruck Price: The Future of Pickup Trucks? 🚚


Video: Tesla sets Cybertruck starting price at nearly $61,000.








Tesla Cybertruck Ratings (out of 10) — Projected

Aspect Rating
Design 9.0
Performance 9.5
Range TBD
Affordability 7.0
Technology 9.0
Overall Value TBD

What We Know So Far

  • The Cybertruck starts at about $79,990, with top-end variants near $99,990.
  • Features an ultra-durable exoskeleton and futuristic design.
  • Expected to offer impressive towing and payload capacities.

What to Watch For

  • Production delays have pushed delivery dates.
  • Final specs and pricing may shift.
  • Eligible for federal tax credits.

For the latest updates, visit Tesla’s Cybertruck page.


Upcoming Tesla Models Pricing: Model 2 and Roadster – What to Expect? 🔮


Video: Elon Musk Reveals Tesla Model 2 Insanely Cheap, Production Schedule & Release Next Month Confirmed!








Tesla fans are buzzing about the Model 2 (rumored affordable compact) and the new Roadster (supercar revival).

Model 2

  • Expected to be Tesla’s most affordable model yet, aiming to democratize EV ownership.
  • Pricing rumored to start in the low $30,000s.
  • Compact size and city-friendly design.

Roadster

  • A high-performance sports car with blistering acceleration.
  • Price expected to be well above $200,000.
  • Limited production, aimed at enthusiasts.

Stay tuned for official announcements on Tesla’s Newsroom.


Tesla Tax Credits and EV Incentives: How Much Can You Save? 💸


Video: EV Tax Credits: Everything You Need to Know for 2024 | Eligibility, Incentive Amount & More.








Federal Tax Credit Overview

  • Up to $7,500 federal tax credit available for qualifying Tesla models.
  • Applies to Model 3, Model Y, and Cybertruck variants under certain price caps.
  • Income and vehicle price limits apply (IRS guidelines).

State and Local Incentives

How It Affects Final Price

Model MSRP (Base) After $7,500 Credit*
Model 3 Long Range RWD $42,490 $34,990
Model Y Long Range RWD $44,990 $37,490
Cybertruck Base $79,990 $72,490

*Subject to eligibility and tax liability.


Hidden Costs When Buying a Tesla: What You Need to Know 🕵️‍♂️


Video: The 7 Hidden Costs of Owning a Tesla in 2025!








Tesla’s transparent pricing is great, but some costs sneak up on buyers:

  • Order Fee: $250 non-refundable.
  • Destination & Documentation: ~$1,390.
  • Taxes & Registration: Vary widely.
  • Charging Equipment: Mobile Connector ($250) or Wall Connector ($450).
  • Home Electrical Upgrades: May be needed for fast charging.
  • Insurance: Tesla insurance is competitive but can be higher than average.
  • Maintenance: While less frequent than ICE cars, repairs can be pricey, especially on luxury models.

Insider tip: Factor these into your budget to avoid surprises.


Tesla Financing and Leasing Options: Getting Your Dream EV Without Breaking the Bank 🏦


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Tesla offers flexible financing and leasing plans directly through their website:

  • Loan Terms: Typically 36-72 months with competitive rates.
  • Leasing: Available on select models with mileage limits.
  • Trade-In: Tesla accepts trade-ins to reduce your down payment.
  • Credit Score: Good credit improves financing terms.

Our finance guru, Mike, says:
“Leasing a Model 3 is a smart way to experience Tesla tech without long-term commitment. Financing rates have become more attractive recently, too.”

For current offers, check Tesla’s Financing page.


Do Teslas Really Save You Money on Gas? The Truth About EV Savings ⛽❌


Video: Tesla Model 3 Gas Savings | How Much Am I Really Saving?








Fuel Savings

  • Tesla owners save hundreds to thousands annually on fuel compared to gas cars.
  • Electricity costs per mile are significantly lower than gasoline.
  • Charging at home overnight is convenient and cost-effective.

Real-World Example

Our editor, Alex, switched from a gas SUV to a Model Y and reports:
“I save about $1,200 a year on fuel alone — that’s a family vacation fund!”

Other Savings

  • Lower maintenance costs due to fewer moving parts.
  • No oil changes or exhaust system repairs.

Caveats

  • Charging costs vary by location and time.
  • Public fast charging can be pricier than home charging.

Tesla Maintenance and Service Costs: What to Budget For 🛠️


Video: TRUE Cost of Tesla Maintenance After 3 Years.








Maintenance Overview

  • Tesla vehicles require less routine maintenance than ICE cars.
  • No oil changes, fewer brake replacements due to regenerative braking.
  • Recommended annual service includes tire rotations, brake fluid checks, and cabin air filter replacements.

Typical Costs

Service Type Estimated Cost (USD)
Annual Service Check $400 – $600
Tire Replacement $1,000 – $1,500
Battery Replacement $12,000+ (rare)
Repairs (body/electrical) Varies widely

Warranty Coverage

  • Basic warranty: 4 years / 50,000 miles.
  • Battery and drive unit: 8 years / 100,000 – 150,000 miles depending on model.

Tesla Car Insurance: Is It More Expensive? Tips to Save 💡


Video: Best Insurance for your TESLA (Which one did I go with??).








Insurance Costs

  • Tesla insurance can be higher than average due to repair costs and tech.
  • However, Tesla offers its own insurance in select states with competitive rates.
  • Factors influencing premiums: model, location, driving history.

Saving Tips

  • Bundle insurance with home or renters policies.
  • Opt for higher deductibles if financially feasible.
  • Maintain a clean driving record.

For more, see Tesla’s Insurance page.


Are Teslas Worth the Price? Our Honest Verdict 🤔


Video: My HONEST Tesla Model Y Review After 6 Months (TRUE COST OF OWNERSHIP).







Tesla vehicles command a premium, but are they worth it?

Pros

  • Cutting-edge technology and Autopilot features.
  • Impressive performance and range.
  • Lower fuel and maintenance costs.
  • Strong resale value compared to other EVs.

Cons

  • Higher upfront cost than many competitors.
  • Build quality issues reported by some owners.
  • Service center availability can be limited.

Our Take

If you value innovation, performance, and long-term savings, Tesla is worth the investment. For budget buyers, the Model 3 offers the best entry point. For luxury and space, Model S or X shine but at a steep price.


Tesla Model Comparison: Which One Offers the Best Value? 📊


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Model Starting MSRP EPA Range (miles) 0-60 mph (seconds) Federal Tax Credit Best For
Model 3 RWD $42,490 272 – 363 5.8 Affordable entry-level EV
Model Y LR $44,990 277 – 337 4.8 Family crossover with space
Model S $79,990 348 – 405 1.99 (Plaid) Luxury performance sedan
Model X $84,990 333 – 348 2.5 (Plaid) Luxury SUV with tech flair
Cybertruck $79,990 TBD TBD Futuristic pickup truck

Tesla Resale Value and Depreciation: What Buyers Should Know 📉


Video: Tesla vs Competition Resale Value: How Well Do Tesla Vehicles Hold Their Value? Depreciation.








  • Teslas generally hold value better than many other EVs and ICE cars.
  • Model 3 and Model Y have strong resale demand.
  • Luxury models depreciate faster but still outperform some competitors.
  • Software updates and battery longevity help maintain value.

Charging Costs and Infrastructure: How It Affects Your Tesla Ownership Budget ⚡🏠


Video: Tesla Home Charging Costs | Electric Bill Breakdown.








Charging Options

  • Home charging: Cheapest and most convenient.
  • Supercharger network: Fast charging on the go, costs vary.
  • Public chargers: Prices vary widely.

Cost Estimates

  • Average electricity cost: ~$0.13 per kWh in the U.S.
  • Typical Tesla efficiency: ~30 kWh/100 miles.
  • Rough cost per 100 miles: ~$4.

Infrastructure Considerations

  • Home charger installation may cost $1,000+.
  • Supercharger availability varies by region.

Tesla Cost FAQs: Answering Your Burning Questions 🔥

yellow and black Porsche vehicle

Q: What’s the cheapest Tesla model?
A: The Model 3 Rear-Wheel Drive is the most affordable.

Q: Can I get a federal tax credit on Tesla?
A: Yes, on qualifying models like Model 3, Model Y, and Cybertruck.

Q: Are Teslas expensive to maintain?
A: Generally less than gas cars, but repairs can be pricey.

Q: Is Tesla insurance expensive?
A: It can be, but Tesla offers competitive insurance in some states.

Q: Do Teslas save money on fuel?
A: Absolutely! Electricity costs are much lower than gasoline.

For more FAQs, visit our Tesla FAQ section.


CHECK PRICE on Tesla Models:

For more Tesla comparisons, check out our Car Brand Comparisons and Car Brand Lists.


Ready to dive deeper? Our next section will wrap up everything you need to know to make the smartest Tesla purchase decision!

Conclusion: Finding the Cheapest Tesla Model That Fits Your Needs 🎯

green cactus plant

After cruising through Tesla’s lineup, pricing nuances, and ownership costs, one thing is crystal clear: the Tesla Model 3 Rear-Wheel Drive is the undisputed champion of affordability in the Tesla family. It offers a compelling blend of range, performance, and cutting-edge tech at a price point that’s accessible to many EV enthusiasts and first-time Tesla buyers alike.

Positives of the Model 3 RWD:

  • Affordable entry price compared to other Tesla models.
  • Impressive EPA range of up to 363 miles.
  • Access to Tesla’s vast Supercharger network.
  • Eligible for federal tax credits and many state incentives.
  • Sleek, minimalist design with advanced Autopilot features.
  • Lower maintenance and fuel costs than traditional gasoline cars.

Negatives to Consider:

  • Smaller interior and cargo space compared to Model Y.
  • Base model lacks all-wheel drive.
  • Optional upgrades like Full Self-Driving can add significant cost.
  • Some users report minor build quality inconsistencies.

If you’re looking for the best value Tesla that balances price, performance, and tech, the Model 3 RWD is our confident recommendation. For those needing more space or SUV versatility, the Model Y is a close second but at a slightly higher cost. Luxury seekers will find the Model S and Model X irresistible but should be prepared for the premium price tag and maintenance costs.

Remember, the total cost of ownership includes more than just the sticker price — factor in tax credits, charging, insurance, and maintenance to get the full picture. Whether you’re a budget-conscious buyer or a tech-savvy driver, Tesla offers options that can fit your lifestyle and wallet.

Ready to make your move? Your Tesla journey starts with choosing the right model — and now you know exactly which one is the cheapest to buy without compromising on what matters most.


CHECK PRICE on Tesla Models:

Explore more Tesla insights and comparisons at:


FAQ: Answering Your Burning Tesla Cost Questions 🔥

woman standing near pink concrete wall during daytime

What is the most affordable Tesla model available in the market right now?

The Tesla Model 3 Rear-Wheel Drive holds the title as the most affordable Tesla currently available. Starting around $42,490 before incentives, it offers a practical range of up to 363 miles and access to Tesla’s advanced technology suite. This model is perfect for buyers seeking Tesla’s innovation without the luxury price tag.

Read more about “What is the Least Expensive Tesla? Discover the Best Deal! 🚗”

How does the cost of owning a Tesla compare to other electric vehicles?

Owning a Tesla generally involves a higher upfront cost than many other EVs, but it balances out with lower fuel and maintenance expenses. Tesla’s extensive Supercharger network and software updates add value that many competitors lack. While some EVs may be cheaper initially, Tesla’s resale value and performance often justify the premium.

Read more about “Top 11 Car Brands for Fuel Efficiency & Reliability (2025) 🚗💨”

What are the key features and specifications of the cheapest Tesla model?

The Model 3 RWD features:

  • EPA range up to 363 miles.
  • 0-60 mph acceleration in about 5.8 seconds.
  • Minimalist interior with 15-inch touchscreen.
  • Autopilot driver assistance included, with optional Full Self-Driving upgrade.
  • Rear-wheel drive configuration for efficient performance.

Read more about “Discover the Tesla Model 3 Price: 7 Insights You Can’t Miss! 🚗”

Are there any discounts or incentives available for buying a budget-friendly Tesla?

Yes! The federal Clean Vehicle Tax Credit offers up to $7,500 off for qualifying Tesla models, including the Model 3 and Model Y. Many states and local governments provide additional rebates or incentives. Eligibility depends on income, vehicle price caps, and other factors. Always check current programs before purchasing.

Read more about “Which Tesla Model is the Cheapest? Discover the Best Deals! 🚗”

What hidden costs should I be aware of when buying a Tesla?

Beyond the sticker price, expect:

  • $250 non-refundable order fee.
  • Destination and documentation fees (~$1,390).
  • Taxes and registration fees.
  • Charging equipment costs ($250-$450).
  • Possible home electrical upgrades.
  • Insurance premiums and maintenance expenses.

Read more about “What Is the Most Recognized Car Brand? Top 25 Revealed! 🚗 (2025)”

How does Tesla insurance compare to traditional car insurance?

Tesla offers its own insurance in select states, often at competitive rates due to access to vehicle data and repair cost efficiencies. However, traditional insurance premiums for Teslas can be higher than average because of repair costs and technology. Shopping around and bundling policies can help reduce costs.


For more Tesla insights and comparisons, visit our Car Brand Comparisons and Car Brand Histories.

Jacob
Jacob

Jacob leads the editorial direction at Car Brands™, focusing on evidence-based comparisons, reliability trends, EV tech, and market share insights. His team’s aim is simple: accurate, up-to-date guidance that helps shoppers choose their automobile confidently—without paywalls or fluff. Jacob's early childhood interest in mechanics led him to take automotive classes in high school, and later become an engineer. Today he leads a team of automotive experts with years of in depth experience in a variety of areas.

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