HomeInformationIs the Tesla Model 3 Worth It in 2021?

Is the Tesla Model 3 Worth It in 2021?

Contains paid links More Info

The production of the Tesla Model 3 started in July 2017 but is it still relevant as of today? When buying technology in the enterprise or manufacturing industry, a model that has aged a couple of years is not unusual. But considering the consumer segment, aged technology is often dodged when considering to purchase something new. How does this apply to electronic vehicles, though?

The Tesla Model 3  has been around for a while now, and you can be almost certain there are no teething problems left by now in the Tesla software. You can get an average one for about $55,000 or a long-range version for about $68,000. However, by 2021, model 3 will be worth no more than $40,000-$50,000 because of its age. Some people might say that you should only buy this if you are rich or reckless with your money. This is also the reason why you should make sure to look for good Tesla Model 3 insurance.

What are the key aspects of the Tesla Model 3?

The Tesla Model 3 is an electric, fastback mid-size four-door sedan developed by Tesla. The Standard Range Plus version delivers 262 miles (422 km) on all of its claimed EPA-rated capabilities, while the Long Range variant has been reported to go up another 53% with a 354-mile range. With self-driving capability built-in too, these cars are sure not only to get you where you’re going but keep watch over it as well. But does car insurance cover electrical faults? These are the things you should investigate before you make a purchase.

Tesla Model 3 Exterior
Image: Tesla

The Model 3 was marketed as being more affordable to the average person, which made it an attractive choice for many. It’s listed as best-selling PEVs year after year – no wonder why this car has gained so much recognition.

Facts and figures about Tesla

  • Elon Musk is the founder of Tesla.
  • The Model 3 was recently released and is now available for purchase by anyone in North America, with a $35,000 price tag before any state, or federal incentives are applied.
  • The Model 3 has an estimated range of 220 miles per charge, making it perfect for commuters who need to drive to work every day but don’t want to spend a lot of time charging their car at home each night.
  • It’s not just about the electric vehicle – Tesla also offers solar panels that can be installed on your roof and paired with your car battery, so you never have to worry about running out of power again.
  • Some areas are in the process of banning gas stations or at least making it forbidden to install new gas pumps – this means that anyone living in such an area will need to seriously consider investing in electronic cars or walking.
Tesla Model 3 Interior
Image: Tesla


In conclusion, The Tesla Model 3 is maybe not the latest car, but we are still talking about cars and not smartphones. Some car models have been around for decades, and since the Tesla car software is also frequently updated, this extends its life even further. It’s more a matter of your budget and if you consider purchasing a car as an investment or not. Certainly you also need to consider how to best protect your investment and how to get the most useful insurance for it.

Regardless of what you’re looking for from your next vehicle purchase or how often you plan on changing vehicles in the future, we hope this article has helped answer some questions about the Tesla Model 3 and whether or not they are worth considering when shopping for your next ride.

YouTube: Tesla Model 3 Guide Video Playlist

Photo credit: All images shown are owned by Tesla and were made available for press usage.

Was this post helpful?

Christopher Isak
Christopher Isakhttps://techacute.com
Hi there and thanks for reading my article! I'm Chris the founder of TechAcute. I write about technology news and share experiences from my life in the enterprise world. Drop by on Twitter and say 'hi' sometime. ;)