2021 tesla model-3
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2021 Tesla Model 3
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$519 / month
Finance
$538 / month
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A typical negotiated price before taxes & fees.
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Available Money Factor of 0.00167 for 36 month lease
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CarsDirect Target Price
$38,190
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MPG
148 city / 132 hwy

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Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Tesla Model 3
Lease
$519 / month
Finance
$538 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00167 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
Reset

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2021 Tesla Model 3 Overview

Anthony Sophinos
Automotive Editor - February 26, 2021

What's New

The 2021 Model 3 has no major changes. Tesla, which operates more like its Silicon Valley brethren than a traditional automaker, eschews model years for rolling changes. As developments arise, they go into production. Over-the-air software update beams these updates direct to your car, so you don't need to upgrade to the latest model for the latest features.

The latest changes to the Model 3, however, are more than software: the 2021s get larger, slightly more efficient batteries that result in another 13 to 31 miles of range depending on trim. All versions also feature some cosmetic enhancement inside and out. Rounding out the changes is a redesigned center console that can now hold and wirelessly charge two devices.

Choosing Your Tesla Model 3

The 2021 Model 3 is divvied up into three trims, each differing by range and performance. The cheapest starts under $40,000; the priciest reaches just over $56,000.

Although the Model 3 no longer qualifies for a $7,500 federal tax credit like other EVs, it remains eligible for incentives like the $1,500 Clean Fuel Reward and $2,000 Clean Vehicle Rebate in California.

Engine Choices

The Model 3 features two all-electric powertrains. The entry-level model uses a single electric motor that drives just the rear wheels, while the upper two trims mount an additional motor on the front axle for a twin-motor, all-wheel-drive design. All versions use a single-speed transmission.

ModelEngine TypeRange0-60 mph TimeMPGe (city/highway)
Standard Range PlusElectric motor263 miles5.3 seconds118/107
Long RangeDual electric motors353 miles4.4 seconds141/127
PerformanceDual electric motors315 miles3.1 seconds148/132

Charging at home via a 120-volt plug is possible, but we wouldn't recommend it: it only provides about 3 miles of range per hour of charging. Tesla's 240-volt wall chargers offer up to 44 miles of range per hour, which is good enough for most commuters to recharge the battery sufficiently overnight.

The public Tesla supercharging stations remain the best bet for juicing up, as they can recharge up to 172 miles in 15 minutes. Currently, 20,000 such supercharging stations are scattered throughout the country, primarily along major highways.

Passenger and Cargo Capacity

The Model 3 is a five-seater with 35 inches of second-row legroom. The cargo area is spread across a small front trunk as well as a traditional rear trunk. Between the two, buyers will find 15 cubic feet of cargo area.

Safety Features

Every Model 3 comes with Tesla's comprehensive array of safety gear, including automatic emergency braking, forward collision warning, blind-spot monitors, adaptive cruise control, and active lane control.

If that isn't enough, Tesla also offers a $10,000 upgrade promising full self-driving capability. That five-figure price buys Tesla's Autopilot feature, which allows for semi-autonomous highway navigation, as well as automatic parking and automatic lane changes. A summon feature is included as well that lets the car autonomously navigate to you in a parking lot.

The Model 3 passed with flying colors all crash tests levied against it by the NHTSA and IIHS.

Connectivity

The heart of the Model 3 isn't its electric motors; it's the massive 15-inch touchscreen residing in the dashboard. Within that screen lies nearly all controls the driver might need to access.

It comes standard with navigation, wifi hotspot compatibility, and a host of other functions, but oddly enough lacks Apple CarPlay and Android Auto capability. You also can't get AM radio or SiriusXM radio.

Standard Range Plus - From $39,190

The cheapest Model 3 is rear-wheel drive and has just one electric motor; it's rated by Tesla for 263 miles or range. It rolls on 18-inch wheels, wears body-color trim, and features a massive panoramic glass roof.

Interior amenities include a 14-speaker audio system, a Sentry Mode alarm system, and remote access to the car via a mobile app. 12-way power heated seats, eco-friendly upholstery, and real wood trim decorate the cabin.

Aside from the $10,000 Self Driving option, buyers can upgrade to 19-inch wheels for $1,500. An all-black interior is standard, but a contrasting black and white color scheme is available for $1,000.

Long Range - From $48,190

Moving into the Long Range buys more battery, another electric motor, all-wheel drive, and nearly 100 additional miles of range. Heated rear seats and a year of complimentary online services are standard, but otherwise the list of amenities matches that of the base car.

Performance - From $56,190

The hallmark of the performance trim is a blistering 3.1-second 0-60 mph time, which is in line with bonafide supercars.

Accompanying the enhanced acceleration are upgraded brakes, 20-inch wheels, a lowered suspension, and a carbon fiber spoiler.

Compare Model 3 Trims Side-By-Side

CarsDirect Tip

We're salivating for the Performance model, but the truth is that the Long Range trim is likely the best bet for most buyers. Its excellent 353-mile range not only quells charging anxiety - it also puts this flavor of Model 3 ahead of every other EV currently on the market. In our eyes, that's well worth the $47,000 asking price.

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