The age of electric cars is entirely upon us. No longer do we stare in awe as we drive by a charging vehicle. More and more Americans are embracing electric vehicles, but it often comes with either a hefty price tag or lackluster options.
When Tesla introduced the Model 3, it quickly became one of America’s top picks because of its attainability for an electric car. With its stylish exterior, roomy interior, tech-enabled capabilities, and quick performance, it’s no surprise. Let’s explore why this car is so popular and look into what Tesla Model 3 insurance costs.
Tesla Model 3 — the Pros & Cons
- Pro: Tesla designed the Model 3 with a sleek and modern feel that appeals to drivers and passengers. Teslas come with the iconic large screen that serves as the car’s motherboard, which is user-friendly and a quick access point for all your Model 3’s needs.
- Pro: The interior gives ample space for all passengers. The seats have a bucket-like feel, and the leg room is plentiful. As you build your Model 3, you can choose either black or white leather-appointed seats. Tesla has also improved the interior sound barrier to better enhance the driving experience.
- Pro: Drivers rave about how fun this car is to drive. The Model 3 comes with quick pick up and a max speed of 145 mph and goes from 0 to 60 mph in 4.2 seconds. The Model 3 can make quick movements with efficiency with its low profile stance.
- Pro: The price tag is by far one of the biggest pros for the Tesla Model 3. This vehicle has broken the electric car mold by giving consumers an attainable, stylish, and high-performance electric car option with affordability in mind.
- Con: Demand is high for this vehicle, and depending on the performance package you choose, the time until you get the vehicle can be a lengthy process. In some parts of the world, Tesla has become so popular that they’ve climbed to first place in the market and outranked its competitors, bringing demand high and delaying production.
- Con: Unlike some of its electric car counterparts, Tesla doesn’t offer the owner many options they can add to their vehicles. It takes a more minimalist approach and keeps the build simple with very few added options.
Making the Switch: Buying a Tesla Model 3
If you’re not a seasoned electric car driver, your first decision will be the battery range performance package that will suit your needs. The standard option for the Model 3 comes with a 263-mile range on each charge. For an additional charge, you can opt to purchase the long-range model, coming in at 353-mile range.
If you’re switching to an electric car, you’ll need to obtain a charging station at your residence. Most charging happens at home, and you’ll need to decide if you want to go with a level 1 or level 2 charging station. A level 1 station uses 120v and level 2 uses 240v of charging power. Obviously, a level 2 charging station will charge your Model 3 more efficiently and quickly.
Finally, you’ll start looking into car insurance for an electric car. Is there a difference between gas-powered vs. electric car insurance? Traditonally, electric cars cost more to repair and build. That being said, in most cases, insurance companies do charge more yearly to insure a Tesla Model 3. You can expect around a $300 per year increase in insurance rates.
If an electric car is in your future, the Model 3 should definitely be on your radar. This car boasts great standard options, offers safe ratings for drivers, and of course, it’s fun to drive. It’s no wonder, the Tesla Model 3 is among the world’s best selling cars.
Carla Hughes writes and researches for the insurance comparison site, BuyAutoInsurance.com. Carla is an experienced electric car driver who owns her very own Model 3.
