hamburger icon

2024 & 2023 Tesla Model 3 Prices, Deals and Lease Options

5 results found in El Segundo, CA

Tesla Model 3 Lease Deals Near You

  • Advertised Lease Deal

    2024 Tesla Model 3

    Standard Range RWD
    $329 / mo
    Term: 36 months
    Due at signing: $5,524
    Offer Details
    Exp. 3/31/2024
Item 1 of 4

Is This A Good Deal?

We consider this not a good deal given the vehicle’s MSRP of $38,990. The effective cost of this 2024 Model 3 Standard Range RWD lease is $482 before taxes & fees.

This is a manufacturer lease example, but real-world prices may vary near you. Dealers determine actual lease prices, and most lease deals require above-average credit to qualify.

Leases can often allow you to customize the monthly payment, term, down payment, mileage, and more to suit your needs. Contact a CarsDirect Trusted Dealer to explore your options.

Offers listed here can be subject to change by the manufacturer, sometimes without notice. Inventory and trim availability may vary from what's advertised.

Manufacturer rebates and leasing deals can be subject to change, sometimes without notice. Be sure to contact your CarsDirect Trusted Dealer for the latest offers available near you.

Tesla Model 3 Purchase Deals Near You

  • Finance your 2024 Model 3 for as low as $623 / mo.
    Term: 72 months
    MSRP: $40,630
    Loan Calculator
Item 1 of 3
Last update: March 29, 2024
How do we find great deals?

Manufacturer rebates and financing deals can be subject to change, sometimes without notice. Be sure to contact your CarsDirect Trusted Dealer for the latest offers available near you.

Promotional financing typically can't be combined with rebate offers. However, there can sometimes be exceptions involving bonus cash incentives.

These financing and rebate deals can enable you to enjoy stackable savings. We recommend comparing your choices carefully to get the best deal possible.

CarsDirect updates Tesla Model 3 incentives on a daily basis using a unique data aggregation system. We're constantly looking for new ways to save whether you're planning to buy or lease a Model 3. Offers change monthly and can vary by region. In some cases, we can even tell you about deals you won't hear about anywhere else.

Tesla Model 3 Buying Tips

Tesla Model 3 Tax Credit

The 2024 Tesla Model 3 is currently ineligible for a $7,500 federal tax credit. For a brief period in January 2024, the Model 3 Performance qualified for the tax credit.

However, once the latest version (aka Model 3 Highland) was introduced in January, all versions became ineligible.

Before that, all versions of the Model 3 qualified for the $7,500, giving the model a big advantage over competitors.

It's unclear to us if evolving guidelines will enable the Model 3 to regain the tax credit on purchases.

Are Tesla Model 3 Leases Any Good?

Tesla introduced the 2024 Model 3 Highland with a $329/mo lease deal that actually matched the price of the outgoing version.

Shoppers should be aware that a loophole still enables Model 3 leases to circumvent the guidelines of the federal tax credit for purchases.

As of this writing, Tesla passes along a $7,500 commercial tax credit to consumers on Model 3 leases. This can make the Model 3 much better to lease than to buy.

One disadvantage of a Tesla Model 3 lease is that the company does not allow lease-end purchases. Due to the lack of a Model 3 lease buyout option, you could be better off buying one from the start if you expect to keep your car for a long time.

Tesla Model 3 Inventory Discount

Tesla first began offering inventory discounts on prebuilt Model 3 cars in May 2023 in some parts of the country, providing a good reason to choose an in-stock car rather than have one custom built.

Unfortunately, most of the Model 3 inventory discounts disappeared by October 2023. We think the automaker could roll out these discounts again to use a sales tool at the end of the year.

The automaker is continuing to offer modest savings on low-mileage Model 3 demo cars, though the discounts are so small that they may not be worth it. Consider your options carefully.

California Clean Vehicle Rebate

In California, the Clean Vehicle Rebate used to feature $2,000 in additional savings when buying or leasing based on income limits.

However, the program stopped taking applications in November 2023 and will be replaced by a statewide version of Clean Cars 4 All, a separate program that will focus on low-income buyers.

Colorado EV Tax Credit

In Colorado, the Innovative Motor Vehicle Credit offers a $5,000 tax credit that can be combined with the $7,500 tax credit. This could result in serious savings for those who qualify. Be sure to consult with a tax professional, however, to learn if you're able to take advantage of the maximum possible amount.

Tesla Model 3 Payment Calculator

Lease Payment
$623 (36 mo)
Loan Payment
$623 (72 mo)
Select a Trim
2024 Base 4dr Rear-Wheel Drive Sedan Price:   -  $40,630
2024 Long Range 4dr All-Wheel Drive Sedan Price:   -  $49,380
2023 Base 4dr Rear-Wheel Drive Sedan Price:   -  $40,630
2023 Long Range 4dr All-Wheel Drive Sedan Price:   -  $47,630
2023 Performance 4dr All-Wheel Drive Sedan Price:   -  $52,630
Based on 55% Residual Value:10,000 (estimated) Annual Miles
Vehicle Price
A typical negotiated price before taxes, fees and incentives.
Lease term
Incentives
$0
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates
Down Payment
Trade-In Value
Sales Tax
%

Lease Estimates for Similar Cars

2024 Audi A3
$505 / mo
2024 BMW 2-Series
$531 / mo
2024 Tesla Model 3
$623 / mo
2024 Mercedes-Benz CLA-Class
$640 / mo

Loan Estimates for Similar Cars

2024 Audi A3
$527 / mo
2024 BMW 2-Series
$584 / mo
2024 Tesla Model 3
$623 / mo
2024 Mercedes-Benz CLA-Class
$646 / mo

Tesla Model 3 Target Price

Our CarsDirect Price for the Tesla Model 3 is updated regularly by our experienced team of experts and reflects manufacturer incentives near you. Be sure to use it in your negotiation with a CarsDirect Trusted Dealer to get the best deal possible. Actual prices may vary based on local supply & demand and offers you qualify for.

2024 Tesla Model 3 Prices
2024 Tesla Model 3 Base 4dr Rear-Wheel Drive Sedan
MSRP
CarsDirect Target Price
40630
40630
2024 Tesla Model 3 Long Range 4dr All-Wheel Drive Sedan
MSRP
CarsDirect Target Price
49380
49380
2023 Tesla Model 3 Prices
2023 Tesla Model 3 Base 4dr Rear-Wheel Drive Sedan
MSRP
CarsDirect Target Price
40630
40630
2023 Tesla Model 3 Long Range 4dr All-Wheel Drive Sedan
MSRP
CarsDirect Target Price
47630
47630
2023 Tesla Model 3 Performance 4dr All-Wheel Drive Sedan
MSRP
CarsDirect Target Price
52630
52630

Insider Information

We have information you must know before you buy the Model 3. We want to send it to you, along with other pricing insights.

Sign Me Up

I agree to receive emails from CarsDirect. I understand that I can unsubscribe at any time. We will not spam you, and will never sell your email. Privacy Policy.

Thank you. You are now subscribed to our Pricing Insider updates.