If you had the opportunity to acquire a brand-new Tesla Model 3 for 19.830.00 US Dollars, would you hesitate? American enthusiasts are currently faced with such a dilemma. Thanks to local tax benefits in California and a federal subsidy for "clean" vehicles, it is possible to purchase a Tesla at an unbeatable price.Would you prefer a Tesla or a regular mass combustion engine vehicle?
The Model 3, in its standard range version, can be obtained for less than 50% of the manufacturer’s suggested retail price in selected parts of California. The vehicle offers rear-wheel drive and a range of approximately 440 kilometers. Without subsidies, its price starts at $40,240.
However, the combination of several discount factors does not guarantee eligibility for every new customer. Qualification is necessary for the application of these benefits. In addition to the federal tax relief, one can also benefit from the local California Clean Vehicle initiative. Both programs reduce the vehicle’s cost by an identical $7,500. An additional $2,500 can be obtained through registration on the “WaitingForTesla” website queue.
Ford: We don't think EV price parity will be achieved until 2030.
— Whole Mars Catalog (@WholeMarsBlog) June 3, 2023
GM: Agreed, maybe even later than that.
Tesla: We achieved EV price parity last Tuesday pic.twitter.com/zvf3N3iZGZ
Only a handful of Americans will be able to maximize the subsidies
However, the federal program is not automatically granted to all new electric vehicles or all interested parties. The vehicle must be manufactured within the territory of North America. As a result, interested parties are limited to factories in Canada, the United States, and Mexico. The vehicles must also meet certain battery production prerequisites, and only selected groups of applicants are eligible for subsidies. The main criterion is a predetermined income bracket.In addition to these relatively strict conditions, residents of the San Joaquin Valley area are further advantaged. The local air pollution control agency offers a $3,000 incentive for acquiring an emission-free vehicle. If an individual qualifies for all the programs, they can obtain the base Model 3 for as low as $19,830, as reported by InsideEVs.
Other vehicles eligible for the subsidies include the Ford Mustang Mach-E, Chevrolet Bolt EV, and Ford F-150 Lightning. Additional discounts are also provided by other states, with Colorado offering the most generous subsidy of $5,000.
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