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Argosy37

If you qualify for the tax credit you can get a brand new one for under $30K after federal tax credit. Check state incentives as well.


LegalChicken4174

Sadly I bought my model 3 and don’t even qualify for the tax credit :( I’m supposed to be getting money back


Wowloldota

But you paid more taxes throughout the year, right? E.g. if you paid 15k in federal taxes through your payroll and you'll be getting back 3k when you file taxes, you still paid 12k. So you're still eligible for the 7500 credit. Just making sure.


LegalChicken4174

No I just write everything off and I don’t even qualify for the $7,500 since it’s not a refund lol


Wowloldota

Got it. 👍


bigDogNJ23

How do I know if I qualify for the tax credit?


Argosy37

Here you go: https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after


Distinct-Solid6079

Thanks. So the long range 3 is not included?


Argosy37

For which year? It was for 2023 LR but is not for 2024. If you bought a 2023 model inventory in 2024, now that's more technical.


Distinct-Solid6079

So a used 2023 would qualify?


Argosy37

Definitely not. Has to be new. There is a separate used tax credit but only cars under $25k qualify.


[deleted]

People worrying about affording a Tesla are not likely to have any creditable tax burden.


Argosy37

That's definitely not true. HCOL areas often mean higher incomes and high taxes because higher incomes but tight budgets at the same time.


[deleted]

lol. Ok.


Argosy37

Ah, a realtesla poster. Explains a lot.


[deleted]

Yea, explains I’m a realist and you’re an idiot living with their head in the sand.


Argosy37

What I don't get why someone who clearly hates Tesla is trolling all the Tesla subs and putting them down. If I don't enjoy something the last thing I want to do is spend all my time talking about it. That's a way to make yourself miserable. Don't you have something more positive to do with your time? EDIT: Ah, the old "Get the last word in and then block." Guess I hit too close to home.


[deleted]

I’m sure you don’t. You’re simpleminded. You’ve proven that.


Redsfan27

Classic redditor ew


whitemiketyson

Not everyone who owns a Tesla can just buy it regardless of cost. People budget to live within their means. What an idiotic statement


[deleted]

[удалено]


[deleted]

Why people ask complete strangers on the internet their opinion on life decisions, is frankly ridiculous. Oh, and the very 1st sentence he said he couldn’t get 1. That’s not because of a shortage of them.


[deleted]

It could be someone that wants to live within their means or just not spending more than they budget for a car since in reality it is not a smart financial decision not matter your income. This does not mean a used tesla is not within their allotted budget.


randomhero1980

I bought used a while back \[2020 Model 3 Standard with EAP 51k\] I paid 30k. I don't regret it but if I was in the market today and qualified for the tax credit, it would be hard to not go for a new one.


Estechips

Literally same situation as me, I’d probably get new if you can, I’d be lying if I said I wasn’t concerned about what out of basic warranty repairs will look like when it expires soon.


[deleted]

This is exactly what I’m worried about


ayeashwin

Do you see any benefits in buying a used model with better features than a brand new base model? Comment above is talking about how you can get a new one under $30k with the tax credit but that’s pretty much bare bones


t105

As you know base model is rear wheel drive and shorter range and no self driving features. Upper tier models still require the self driving software payment but the used market place has many (mostly longer range but some performance sprinkled in here in there) for sale with longer range and sub $28k- new you'd pay over $60k with taxes. Fed tax credit yes would bring it down some. Atleast in the PNW and I imagine CA too looks like you can get a 2020 and newer sub 60k miles AWD with longer range for $24-28k- maybe less- you never know sometimes what people are willing to accept especially if they want it gone. That puts it inline with a new model 3 base model assuming you get the fed tax credit so to answer your question- depends on what you want- longer range, awd and maybe full self driving for less than $30k or brand new, but most basic? With some warranty levels still applying a used model especially with full self driving capabilities which is an $8k upgrade imo is more appealing. Additionally, buying used and reusing is very green. :) Good read on warranties: [https://www.reddit.com/r/TeslaLounge/comments/1adclw6/tesla\_used\_and\_warranty\_question/](https://www.reddit.com/r/TeslaLounge/comments/1adclw6/tesla_used_and_warranty_question/)


[deleted]

Thank you


Avthony

I bought a used model 3 sr+ 2019 for $26k with 30k miles. I personally love it and don’t regret anything.


[deleted]

One good thing about used is that hopefully any issues have been ironed out. I bought new in 2018, had six warranty service center visits over the next 3 years. The last couple years have been good though


JLee50

Do you qualify for the tax credit? If so, how much is a new one after tax credit vs the cost of a used one? Is that delta worth having a car entirely under warranty plus also having an extra 65k miles of battery warranty?


Doublestack00

If buying used for for the 2021+


Buckeyefan123

I got a brand new 2023 RWD for around 27k with the tax credit and my trade-in (was only around 3k trade in). Unless you are trying to get a LR/Performance I would go new RWD.


Meanee

Picked up 2022 M3LR with 12k miles on it. Came with acceleration boost and FSD. Total price 43k. Car was pristine when I picked it up. Ryzen infotainment, USS still there. IMO, it's worth it. I do not qualify for 7500 tax rebate. Otherwise I'd probably look for a new one.


Swimming_Teach_7579

Where did you purchase it from? What are some good trusted places to buy used tesla model 3 except tesla's itself preowned car from website? Have been rigorously looking for one. Could you please help? Thanks in advance!


ayeashwin

Any problems with buying from Tesla’s used repo?


Swimming_Teach_7579

Hello, I'm actually purchasing it from one of friend instead since he's upgrading to model s. But yes, tesla preowned cars are good but expensive compared to the ones in marketplace or other platforms. Point to note is most of the marketplace don't have tesla with FSD. So, the deal with tesla for preowned turns out to be good. Also, if you are planning to purchase a new car go with Model Y rather than new Model 3 since there no rebates and concessions on Model 3 2024. And Model y cheaper with rebates and all deals applied.


J-F-K

I recently bought a 2020 Model 3 with 19k mileage for $29k. I didn’t want to wait for the tax credit or have a larger monthly payment. I don’t regret it and I love the car so far. If I hadn’t just bought a house, I probably would have went with the new Model 3.


XxDrummerChrisX

I don’t regret buying used. I bought a used 2020 LR with acceleration boost and 23k miles. I’m satisfied


steppinraz0r

I just bought a 2020 M3P with 22k miles from Tesla for 36k. I considered buying new but really wanted a Performance and this was the best fit for me. I love it. Added bonus is if you buy used from Tesla they add another year of warranty on to whatever’s left of the factory warranty.


Few_Cantaloupe1493

Another positive experience here for a 2018 M3 LR performance with 28k miles. As others have described it wasn’t detailed to perfection but the delivery process was very satisfactory (helped me move the appointment when I had to transfer money from an online back to a brick and mortar bank) and the vehicle condition is great. Edit: I don’t qualify for the tax credit d/t income limits 


SunniesWashington

I bought a 2020 with 28k miles for 32k. Have it a year, love it. Not one problem so far (touch wood). Bought it from Tesla so definitely paid a little extra, however go the 100k miles warranty. Just checked the price of a new M3 on Tesla with the same specs as mine, its priced at $51,130.


JJJAAABBB123

New ones are $36k before $7,500 and $500 referral.


Old-Faithlessness462

There are no problems with these vehicles. Please share a post where you have seen someone complain about the issues that they're 65k vehicle has. I have driven my vehicle 80,000 k and I have not experienced a mechanical breakdown. I am not saying they are perfect. But I'm saying they are much more reliable than any ice vehicle out there; when you factor in the maintenance and the reliability of the vehicle. Owning a brand new Tesla is a wonderful experience and with the credits and rebates happening in each state it really makes it obtainable. Try your best to work out your finances. First ownership is amazing and it will probably be a vehicle that you buy and hold for the long run. There's nothing wrong with a used vehicle and I know you'll be happy with it. If you're in this for the long run and this will be a vehicle that you're not planning to trade in and one to two years consider going brand new if not get a used one. You will benefit from having a car USS. Benefits being it will drive a bit more confidently on the highway and you'll be able to let it park itself. Purchasing a new model you will be subject to new technology that is being rolled out for the future.


Kandiruaku

Not really, keep in mind the 8 year battery ($20k) and drivetrain (one DU about 3k) warranty.


Reddragon685

New


[deleted]

Do you qualify for the tax credit? If yea, better to buy a new one


Ornery-Setting-670

Unless it comes with fsd


jcpham

I bought a used 2018 M3LR w/ 49k miles for 25k and love it My round trip commute is 100 miles. It came with the home charger. I ran a dedicated circuit


e0nflux

With the tax credits mine came out to 30k.


hikooh

It certainly can be. Depending on where you're buying, what upgrades come in the used model, etc, you can find a bargain even after adjusting for the tax credits. In California, for example, PG&E was (is?) giving a $4,000 EV rebate (not tax credit--cash rebate!) for people who bought a used EV through a car dealer. We were able to take advantage of this and snag a 2018 M3LR RWD with about \~20k miles, Enhanced Autopilot, premium audio, and 19" wheels in metallic silver for a net of about $33k. Bonus: it still has USS and radar so Autopark and Summon are enabled. Had we bought new, I believe we'd end up paying more for the base M3 SR with no upgrades. We're *really* happy with the car we got and will likely buy used from Tesla again in the future. I'm not sure what used M3's are going for these days but $28k for 65k miles seems a bit steep. Consider hunting around a bit more and/or increasing your budget if possible to get something with fewer miles.


gorejan

No, buy a new one.


StandardDemand9468

What year? Wouldn’t do anything older than 2022.


AlakazamAlakazam

may i ask why?


StandardDemand9468

Long story short, and this is my take, the 2022 model is shipped w/ the LFP battery. For this particular battery, Tesla recommends charging to 100% daily. W/ the battery found in Model 3s previous to 2022, Tesla recommends charging to 80% daily. So effectively the range is lower for the 2021 Model 3. Now is that really a big deal? I don't think so, especially if you charge at home. But it's a consideration.


AlakazamAlakazam

thoughtful and informative, thank you!


INeedAName11

Are those suggested charging percentages specific to supercharging? Or even slow charging overnight at home they suggest only 80% for the lead acid batteries?