Well don't let us stop you.
The Tesla Model 3 starts at $35k. Before government incentives.
After incentives, $27k.
Oh, and Tesla has taken $5K deposits on 370,000+ Model 3s.
What are you waiting for?
Where I am (Ontario, Canada) the price of a Tesla Model 3 is $35,000 USD which at present is approximately $46,000 CAD. The government of Ontario fluctuates EV incentives depending on the given EV's market position. If a car is less premium or luxurious, it is typically entitled to greater incentives. The logic is that those who can afford a Tesla Model X, for example, do not need as much of a rebate as someone looking to buy a Nissan Leaf. And Ontarians are only entitled to the incentive after purchasing the car (that is to say after taxes are applied.)
There is 13% sales tax on everything in Ontario, including cars. $46,000 * 1.13 = $51,980.
A fair estimation of the EV incentive on a Model 3 in Ontario would be in the $7-8,000 range. Therefore, the Model 3 in Ontario would likely be in the mid-$40,000 range. For context, that price is similar to the BMW 3 Series, the Audi A4, and the Mercedes C Class. And, while I would be able to walk into any one of those manufacturers' dealerships this second and take delivery of any one of those cars within a week, there is no evidence to suggest that I would be able to get a Model 3 within the next number of years.
So yes, if you're looking for an alternative to your next Beemer and you're willing to wait a few years? Go ahead, put that deposit down on a Model 3. Me? I'm going to take a pass.
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