How a Tesla Model 3 is Now Essentially FREE

With the $7,500 federal tax incentive in place, the cost of a Model 3 is down to about $36k for the base model. For most gas car owners, gas costs around $2k a year while the cost of maintenance is around $1,000. Getting a Model 3 represents around $2,000-2,500 savings per year which can add up significantly if you drive the same car for 10 years or more. In a way, if you sell your current car for $15,000, this financial move will cost you about the same as driving the gasoline car. Most likely, the gas car wont even last that long but the Model 3's battery will.

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