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2024 Tesla Model 3
#8 Best Luxury Electric Cars of 2024

Used 2024 Tesla Model 3

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2026
2024
EV Range
272 - 342 miles
Charge Time (240V)
9.4 - 10.5 hours
0-60
2.9 - 5.8 seconds
MPGe
130 - 132 combined mpge
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Fuel Savings
$958
/yr
Actual results will vary according to driving conditions, driving styles, vehicle maintenance. Cost estimates are based on 135MPGe vs 25.4 MPG, the estimated cost per gallon of gasoline of $3.45, and the estimated cost of electricity per kilowatt-hour of $0.16.

2024 Tesla Model 3 Review

Colin Ryan

Updated January 30, 2025

Colin Ryan specializes in writing about new cars. He has done this for the Los Angeles Times, Variety, Kelley Blue Book, Autotrader, Popular Mechanics, Mazda and Lexus customer magazines, plus a bunch of enthusiast sites and publications. And he spent several years as a staff writer at BBC Top Gear magazine. During this zig-zag of a career trajectory, he has driven everything from budget Malaysian hatchbacks (yes, they exist) to scarily expensive Italian exotica.

Pros

  • Up to 341 miles of range
  • Cutting-edge tech
  • Competitive pricing

Cons

  • No Apple CarPlay/Android Auto
  • Service challenges

What's New?

  • Exterior and interior revamps
  • Improvements in quality
  • Performance version gains power

The Tesla Model 3 has plenty going for it. Like a maximum range of 341 miles and a competitive price. This electric vehicle (EV) also delivers an engaging driving experience and benefits from access to Tesla’s web of Superchargers, the country’s biggest and best charging network. Apart from occasional hassles when getting the car serviced, the Model 3 has plenty of appeal for anyone looking to buy an electric car. We’re not surprised that the practical and high-tech Tesla Model 3 is one of America’s best-selling EVs.

We’ve logged hundreds of hours driving and evaluating this generation of electric cars, including the Tesla Model 3.

What's New for 2024

Having been around since 2017, the Model 3 receives a much-needed refresh. Revised exterior styling makes the Model 3 look sleeker (but hasn’t had a positive impact on range). Interior changes include an 8-inch touchscreen for passengers sitting in the back, ventilated front seats, ambient cabin lighting, a 17-speaker audio system (or a 9-speaker setup in the base rear-wheel-drive version), and a larger trunk area. The Model 3 Performance version gains more power and extra driver-focused enhancements.

Tesla also claims to have made fit and finish improvements, along with more noise-reducing measures. Time will tell whether this update remedies some of the build-quality issues our readers have experienced in earlier Model 3 iterations.

2024 Tesla Model 3 Pricing

2024 Tesla Model 3 pricing starts at $29,800 for the Model 3 Standard Sedan 4D, which had a starting MSRP of $40,630 when new. The range-topping 2024 Model 3 Performance Sedan 4D starts at $39,400 today, originally priced from $54,630.

Original MSRP
KBB Fair Purchase Price (national avg.)
$40,630
$29,800
$49,380
$33,000
$54,630
$39,400

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 2024 Tesla Model 3 models in typical condition when purchasing from a dealership. These prices are updated weekly.

The Model 3 is arguably a bargain among electric sedans. Its closest rivals are the Hyundai Ioniq 6 from around $40K, and the Polestar 2 from about $51.5K. The BMW i4 begins at $53.5K. The Model 3 Long Range is priced a little above the Hyundai Ioniq 6 SE with a dual-motor powertrain. In these respective configurations, the Tesla has an advantage in range (341 miles versus 316), while the Hyundai comes with a much better warranty.

Before buying a new Model 3 electric car, check the Kelley Blue Book Fair Purchase Price to know what you should really pay. Tesla Model 3 resale values are higher than the class average. Recouping more money when selling a vehicle can mean a bigger down payment and lower monthly payments on the next one.

Power, Ride, and Handling

The 2024 Model 3 Long Range employs a 394-horsepower dual-motor setup with all-wheel drive. Tesla estimates a standstill-to-60 mph time of 4.2 seconds. That kind of acceleration was once reserved for pricey performance cars, but quick and smooth acceleration is one of Tesla’s calling cards. Electric or not, we love having this kind of performance in a practical car we can drive every day. In fairness, a 320-horsepower Hyundai Ioniq 6 Long Range all-wheel-drive variant is only about a tenth of a second slower.

The floor-mounted battery contributes to a low center of gravity, bringing benefits in stability. The Model 3 changes direction quickly and calmly through a set of fast corners. The suspension is taut yet still comfortable. One aspect we really like is the ability to fine-tune functions such as steering, braking, and accelerator responses to be sporty or more relaxed, according to each driver’s taste.

The base rear-wheel-drive model is a little tamer, but still enjoyable. It has a single electric motor with 271 horsepower and a breezy 60-mph time of 5.8 seconds. The Model 3 Performance, meanwhile, gets boosted from 455 to a fierce 510 horsepower for 2024. It comes standard with an adaptive suspension, sport front seats, stronger brakes, staggered-width tires, and a Track driving mode. Tesla says it will hit 60 mph in a breathtaking 2.9 seconds.

This is probably academic, but Tesla has lowered top speed in the Long Range version from 145 mph to 125 mph (same as the entry-level Model 3). The Performance variant can apparently reach 163 mph.

Sparse Interior

A huge touchscreen enables car makers to keep switches and knobs to a minimum — perhaps too much of a minimum in the Model 3. The dashboard is more or less a bare space on which the considerably sized 15.4-inch display is attached. Even the direction of the air vents is operated through this screen.

With the 2024 update, textile materials replacing the previous wood trim make this new Model 3 feel more modern and upscale, as does a new multi-color ambient lighting feature. The all-glass roof makes the cabin feel open and airy; we appreciate the Model 3’s excellent outward vision. Tesla also claims a quieter cabin this year with the addition of wrap-around acoustic glass and more sound insulation.

Heated and cooled front seats are standard, and comfortable enough for hours at a time. With 35.2 inches of legroom, rear seat space is adequate for kids and average-sized adults. Rear passengers will appreciate the new 8-inch screen in the back with streaming and gaming in addition to climate controls.

The trunk in the revised Model 3 has an area of 21 cubic feet (up from 19.8), substantially more than the dome-shaped Ioniq 6 with its 11.2 cubic feet. The 3’s rear seats also split and fold for extra versatility. And there’s an extra 3.1-cubic foot space under the hood.

Sleeker Exterior

The Model 3 has a sleek and aerodynamic appearance that’s undeniably Tesla. Styling updates for 2024 include new front and rear fascias, new headlights and taillights, updated wheel designs, and two new paint choices.

Unfortunately, earlier versions of the Model 3 have suffered from build-quality problems. Some of our owner reviews have reported issues like paint runs, misaligned panel gaps, and even doors not working reliably — uncommon faults in most modern cars. Tesla claims improved fit and finish with this updated 2024 Model 3, but we still recommend taking a good, in-person look before buying.

Our Favorite Features and Tech

Up to 341 miles of range
Other car companies are catching up, but Tesla is still a leader in terms of distance covered by a single battery charge. The Tesla Supercharger network is excellent, too.

Partial self-driving tech
The standard Autopilot system bundles increasingly common features like automatic emergency braking, lane-keeping assistance, and adaptive cruise control. Enhanced Autopilot adds Navigate on Autopilot, automatic lane changing, automated parking, and Smart Summon. Full Self-Driving Capability is one of the more advanced systems available, adding Autosteer on city streets, plus automatic stop-and-go at traffic lights and stop signs.

15.4-inch touchscreen
Just about every function is controlled through this huge touchscreen. It has lovely graphics and a user-friendly interface. Tesla also allows users to stream Netflix and Hulu, a pleasant way to pass the time while recharging. We wish Tesla would also add support for Apple CarPlay and Android Auto phone integration.

Rear screen
An 8-inch infotainment screen for the back-seat passengers comes standard in the updated Tesla Model 3. Passengers can use it for streaming, gaming, climate control, or even sliding the front passenger seat forward for extra legroom.

Sentry Mode
A parked Tesla still has an active 360-degree camera system and will send alerts to an owner’s phone. The optional Live Camera function provides the ability to check the car’s surroundings, sound the horn, flash the headlights, and even enable talking through the car’s speaker.

Two trunks
The Tesla Model 3 is a practical sedan with generous cargo space in the trunk and under the hood. It’s one of many factors that make the Model 3 a sensible daily driver.

Battery and Efficiency

The popular Long Range configuration of the Tesla Model 3 has an impressive maximum range of 341 miles. The base single-motor model is rated at 272 miles, and the Performance can run for 296 miles. The Hyundai Ioniq 6 has a higher maximum range of 361 miles, but only with rear-wheel drive — its dual-motor/all-wheel drive powertrain achieves 316 miles.

The well-established Tesla Supercharger network of fast-charging stations goes a long way to easing range anxiety. Tesla claims the Supercharger can provide up to 175 miles of range in about 15 minutes. The Ioniq 6 enjoys similarly impressive charging times, thanks to its DC high-current capability.

4-Year/50,000-Mile Warranty

Tesla’s basic new-car warranty lasts four years or 50,000 miles, whichever happens first. This is a common arrangement among luxury cars. The battery and drive unit in the rear-drive Model 3 is covered for eight years or 100,000 miles. The battery and drive units in the Long Range and Performance versions have a warranty of eight years or 120,000 miles.

We’re compelled to acknowledge some problems with long wait times and high costs at Tesla service centers. Based on what we hear from owners, experiences with reliability and maintenance costs of Tesla models have been a mixed bag, varying depending on location. If you live in an area with many Teslas on the road but not many service centers, you could encounter headaches when your Model 3 needs attention.

Safety Ratings

The Tesla Model 3 has taken top scores of Good in the main crash tests carried out by the Insurance Institute for Highway Safety (IIHS) and earned the maximum 5-Star overall score from the National Highway Traffic Safety Administration (NHTSA).


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2024 Tesla Model 3
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 201 Consumer Reviews
Write a Review
90%Recommend this vehicle
Value
4.6
Performance
4.8
Quality
4.4
Comfort
4.6
Reliability
4.6
Styling
4.7

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2024 Tesla Model 3 Styles

Style
Price
EV Range
Charge Time
0-60
Combined MPGe
Top Speed
Horsepower
Cargo Capacity
Curb Weight
Standard Sedan 4D
$29,800
272 - 342 miles
10.5 hours
5.8 seconds
272 - 342 MPGe
125 mph
0
23 cu ft
3862 lbs
Long Range Sedan 4D
$33,000
272 - 342 miles
9.4 hours
4.2 seconds
272 - 342 MPGe
125 mph
0
23 cu ft
4034 lbs
Performance Sedan 4D
$39,400
272 - 342 miles
10 hours
2.9 seconds
272 - 342 MPGe
163 mph
0
24 cu ft
4054 lbs
See Full Specs for All 2024 Tesla Model 3 Styles
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2024 Tesla Model 3 Depreciation

A 2024 Tesla Model 3 has depreciated $12,530 or 30% in the last 2 years and has a current resale value of $28,100 and trade-in value of $27,300.

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Forecast
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2024 Tesla Model 3
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2024 Tesla Model 3 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2024
-
$40,630
$40,630
2025
$6,352
$34,278
$29,069
Now
$6,178
$28,100
$27,300
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2024 Tesla Model 3 Depreciation

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.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
3862 lbs.
Front Head Room
40.3 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
23.0 cu.ft.
Turning Diameter
38.0 feet
Wheel Base
113.2 inches
Width with mirrors
82.2 inches

Exterior

Alloy Wheels
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors
Power Folding Exterior Mirrors
Available
LED Headlights
Available

Fuel Economy

City
140 MPGe
Combined
132 MPGe
Highway
125 MPGe

Mechanical

Drivetrain
RWD
1 speed
Available
Hill Start Assist
Available
Parking Assist System
Available

Performance

Engine
AC Electric Motor
Estimated Electric Range
272 miles
Charge Time (240V)
10.5 hours
Battery Capacity
N/A
0 to 60
5.8 seconds
Top Speed
125 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
8 years / 100000 miles
Corrosion
12 years / Unlimited miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release
  • Heated Steering Wheel

Entertainment

  • Bluetooth Streaming Audio

Interior

  • Power Windows
  • Power Outlet
  • Steering Wheel Controls

Seating

  • Folding Rear Seat
  • Heated Seats
  • Heated Rear Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Push-Button Engine Start
  • Smartphone Interface
  • Touch Screen Monitor
  • USB Port
  • Voice Recognition System

2024 Tesla Model 3 Safety

Safety Features & Technology

2023 features shown. 2024 may differ.

Basic Autopilot

Standard in every new Model 3, this includes forward collision warning with automatic emergency braking and pedestrian detection.

Blind-spot monitoring

Warning drivers of vehicles in adjacent lanes, this feature is also standard in the 2023 Model 3.

Traffic Light and Stop Sign Control

Part of the optional Full Self-Driving package, this function brings the car to a complete halt if it detects a red traffic light or a stop sign.

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See Details
Price
$29,800
$27,600
$32,700
$31,700
KBB.com Rating
4.2
4.6
4.2
4.6
Consumer Rating
4.6
4.0
3.7
4.8
Fuel Economy
City 140/Hwy 125/Comb 132 MPGe
City 111/Hwy 94/Comb 103 MPGe
City 105/Hwy 96/Comb 100 MPGe
City 122/Hwy 119/Comb 120 MPGe
Fuel Type
ElectricLeafIcon
N/A
N/A
N/A
Estimated EV Range
272 miles
270 miles
276 miles
276 miles
Safety Rating
N/A
N/A
5.0
N/A
Seating Capacity5555
Basic Warranty
4 years or 50000 miles
5 years or 60000 miles
4 years or 50000 miles
4 years or 50000 miles
0-60
5.8 seconds
N/A
4.5 seconds
5.8 seconds
Horsepower
N/A
320 HP
421 HP
282 HP
Engine
AC Electric Motor
Dual Electric Motors
Dual Electric Motors
AC Electric Motor
Drivetrain
RWD
AWD
AWD
RWD

2024 Tesla Model 3 Rankings

More Tesla Model 3 News & Information

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FAQs

Is the 2024 Tesla Model 3 a good vehicle?

Yes, the 2024 Tesla Model 3 is a good car. Its Kelley Blue Book rating of 4.2 out of 5 is within 10% of our average rating.

How much should a 2024 Tesla Model 3 cost?

Used 2024 Tesla Model 3 prices currently range from $29,800 for the Standard Sedan 4D to $39,400 for the Performance Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Tesla Model 3?

The cheapest 2024 Tesla Model 3 is the Standard Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $29,800.

Is the 2024 Tesla Model 3 reliable?

The 2024 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.

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