By Andy Bornhop
Updated May 20, 2025
If you’re smitten by technology and touch screens, if you prefer software updates to tune-ups, and if you like the idea of using electricity instead of fossil fuel, you’ll dig this Tesla.
If you require the convenience of refueling at each street corner, look elsewhere — Tesla’s Supercharger recharging network works well, but the network doesn’t cover many rural areas.
Tesla updates its vehicles continuously (via a cloud network), and the company doesn’t follow traditional model-year conventions, so it’s tough to say precisely what’s new for the Model 3 in 2018. This much we do know: Only long-range Model 3s (310 miles) with rear-wheel drive, or a dual-motor with all-wheel drive are being built right now (production hit a run-rate of 5,000 units in the summer of 2018). The standard Model 3 — the one with 220 miles of range and that oft-quoted started starting price of $36,000 — won’t be available until 2019.
After years of waiting, Telsa’s highly-anticipated Model 3 has arrived. The all-electric sedan blends a sleek 4-door exterior with a futuristic, minimalist, passenger compartment – most notably, the traditional instrument cluster has been replaced by a single touch-screen display. An entry-level Model 3 was promised to deliver combustion-like electric range and a base price of $36,000, but technical hurdles have kept the company from achieving Elon Musk’s original goals. Instead, Tesla is currently delivering three variants: Model 3 Performance (AWD and Long Range), Model 3 Dual Motor (AWD and Long Range), and Model 3 Mid Range RWD — all in the $50,000 price range. A lower priced Model 3 is expected in 2019.
2018 Tesla Model 3 pricing starts at $21,151 for the Model 3 Mid Range Sedan 4D, which had a starting MSRP of $47,200 when new. The range-topping 2018 Model 3 Performance Sedan 4D starts at $23,449 today, originally priced from $65,200.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$47,200 | $21,151 | |||
$55,200 | $25,290 | |||
$65,200 | $23,449 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2018 Tesla Model 3 models in typical condition when purchasing from a dealership. These prices are updated weekly.
With its large battery pack in the low and flat floor, plus a mostly steel chassis, the Model 3 tips the scales at a not-so-svelte 3,900 lb. But with most of that mass being low and between the axles, the Model 3 behaves like a proper sports sedan on a twisty road, aided by minimal body roll and a slightly rear-heavy 48/52 weight distribution. This Tesla is similar in size to a BMW 3 Series, and its single-speed electric motor (with an estimated 220 horsepower) is mounted in back between the driven rear wheels. From the driver’s perspective, the oddest trait of the 2018 Tesla Model 3 is the lack of a conventional instrument panel in front of the steering wheel. Instead, the Model 3 has a 15-inch multifunction touch tablet mounted horizontally atop the center stack and controlling/sharing everything from air conditioning and charging information to the audio and navigation systems. It takes some getting used to this layout, but the speedometer display is easy to read in the top left corner of the screen. Almost no buttons or switches are in sight, apart from window lifts and turn signals. The Model 3’s powertrain is so quiet that road noise from the tires is more pronounced than in other cars. Unlike in, say, the Nissan Leaf, the Model 3’s regenerative brakes aren’t tuned to bring the vehicle to a complete stop when you lift your foot off the accelerator pedal. Nevertheless, the 2018 Tesla Model 3 is pleasant to drive, firm but comfortably suspended and possessing a low cowl that provides a great forward view. What’s more, the panoramic glass roof (part of the optional Premium package) gives the 5-seat Model 3 cabin an airy feel.
The design of the 2018 Tesla Model 3 interior is minimalist and handsome, almost Scandinavian. We like the symmetry of the dash, and the absence of switches and knobs is almost eerie, making it seem as if something’s missing. The front seats are supportive and offer plenty of headroom, but the 60/40 split rear bench suffers from a lower cushion that lacks support and forces your knees up into your chest.
With the absence of a radiator and a traditional front grille, the Model 3 lets you know right away it’s an EV, and a handsome one at that. This compact new EV sedan stands out from the crowd, highlighted by its low cowl, sweeping aerodynamic roofline, and flush door handles.
OVER-THE-AIR UPDATABILITY
When Tesla recently sought to improve the braking performance of Model 3s already in customer hands, it did so via an over-the-air update to the anti-lock tuning of the brakes. Stopping distances from 60 mph were reduced by nearly 20 feet. Impressive.
TWIN THUMB SCROLLS
Not a huge deal, but novel: Dual scroll wheels on the spokes of the Model 3’s thick-rimmed steering wheel allow the driver to power-adjust the tilt and telescoping functions while keeping hands on the wheel, right where they should be.
Besides standard automatic emergency braking and eight airbags, the 2018 Tesla Model 3 has Wi-Fi and LTE Internet connectivity, voice-activated controls, keyless entry, dual-zone climate control, and a center console with two USB ports. Streaming FM/internet radio is also standard, as is a front trunk just big enough to accept a large piece of carry-on airline baggage.
A $5,000 Premium Upgrades package includes heated 12-way power-adjustable front seats, tinted-glass roof, two rear USB ports, and premium interior materials with handsome open-pore wood trim. The package also includes a more powerful audio system with tweeters, surround speakers and a subwoofer, plus a special center console offering covered storage and docking for two smartphones. In regard to autonomous driving, the 2018 Tesla Model 3 is available right now with a $5,000 Enhanced Autopilot package. Promised for later is a Full Self-Driving Capability package that doubles the number of active cameras to eight, but still needs software validation and regulatory approval.
If you open the Model’s 3’s nose, all you’ll see is that handy front trunk — the motors are buried out of sight. The electric motor in the Mid Range Battery model, is nestled between the rear wheels, while the motors are placed between the front and rear wheels in the all-wheel-drive Dual Motor and Performance models.
RWD Mid Range:
Battery: 62 kWh
Torque (lb-ft): 284
Horsepower: 258
Model 3 Dual Motor:
Battery: 75 kWh
Torque (lb-ft): 376
Horsepower: 346
Model 3 Performance:
Battery: 75 kWh
Torque (lb-ft): 471
Horsepower: 450
Login or create a new account to see your vehicle depreciation forecast data.
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $6,294 | $43,290 | $41,899 | ||
2023 | $14,654 | $28,636 | $26,373 | ||
2024 | $7,127 | $21,509 | $19,468 | ||
Now | $3,433 | $18,076 | $16,135 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
Already Own This Car?
EPA Passenger | 97.0 cu.ft. | ||
---|---|---|---|
Front Head Room | 39.6 inches | ||
Front Leg Room | 42.7 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.5 inches | ||
Overall Length | 184.8 inches | ||
Front Shoulder Room | 56.3 inches | ||
Trunk or Cargo Capacity | 15.0 cu.ft. | ||
Wheel Base | 113.2 inches | ||
Width with mirrors | 82.2 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
LED Headlights | Available |
City | 128 MPGe | ||
---|---|---|---|
Combined | 123 MPGe | ||
Highway | 117 MPGe |
Drivetrain | RWD | ||
---|---|---|---|
1 speed | Available | ||
Hill Start Assist | Available |
Engine | AC Electric Motor | ||
---|---|---|---|
Estimated Electric Range | 260 miles | ||
Charge Time (240V) | 10 hours | ||
Battery Capacity | N/A |
Basic | 4 years / 50000 miles |
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Yes, the 2018 Tesla Model 3 is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
Used 2018 Tesla Model 3 prices currently range from $21,151 for the Mid Range Sedan 4D to $25,290 for the Long Range Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2018 Tesla Model 3 is the Mid Range Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $21,151.
The 2018 Tesla Model 3 is part of the 1st-generation Model 3, which our owners give an above-average reliability rating of 4.6 out of 5.