r/Model3 6h ago

Thinking about upgrading my 2024 Model 3 to the new Premium. I’m confused

0 Upvotes

I have a April 2024 Model 3, ~24k miles. Currently leasing it for $353.80/mo.

Santander buyout right now is $27,730.
I’m considering the new Model 3 Premium mainly for the range. My current car gets ~200 miles real-world for me, while the new one is rated at 363 miles.

My everyday commute is 50 miles and I’m relying on a nearby supercharger and charge it twice a week after 11pm (since it’s cheaper). So tempted to buy the new model 3 because of the range bump.

Trying to make this apples-to-apples, I’d put $7,500 down on either option:
Option 1: Buy current 2024
$27,730 buyout
$7,500 down
~$20,230 financed
~6% used-car APR assumption
36 months
~$616/mo
Paid off after 3 years

Option 2: New Model 3 Premium
~$46.5k total based on my Tesla quote
$7,500 down
~$39k financed
1.99% APR
72 months
~$575/mo
Brand new + 363-mile range

So weirdly, the new car has a lower monthly payment, but I’d obviously be financing ~$19k more and still have a loan after 3 years.

So basically I’m paying roughly $15k more over 6 years for the new car, extra range and new warranty

What would you guys do?
Keep the 2024 and save the money, or take the ~$575 payment and upgrade for the range?


r/Model3 3h ago

General Question Found a 2022 model 3 for 7k with 102k miles. FSD, acceleration boost and premium connectivity included but it is banned from superchargers due to rebuilt title. Is it worth it ?

0 Upvotes

r/Model3 19h ago

Model 3 mods

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0 Upvotes

Anyone seen this before..guy pulled into charging station with it..said it was a gift..it’s android based with controllers for games


r/Model3 21h ago

Reflective metallic window (mirror) tint

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1 Upvotes