Tesla’s shaking things up with their Model 3 lineup, but there’s still a sweet deal to be had on the Standard Range trim. According to Forbes, while the Standard Range Rear Wheel Drive has been dropped from the main Model 3 page, it’s still lurking in the new inventory section.

Lease Loophole for Standard Range

Here’s the kicker – if you’re looking to lease, the Standard Range Model 3 is still a steal. You’re looking at about $263/month for the Standard Range versus $389/month for the Long Range RWD. And get this – the lease option for the Standard Range still qualifies for the $7,500 incentive under the “lease loophole.”

Tesla Streamlines Model 3 Lineup, Offers Killer Lease Deal On Standard Range

Confusing Lineup Changes

Tesla’s playing 4D chess with their lineup. By taking the Standard Range off the main page, they’re streamlining things. But it’s not as simple as it seems. If you’re buying outright, the Long Range RWD Model 3 actually works out cheaper because of the $7,500 federal tax credit, which the Standard Range doesn’t get. This might be why they’re phasing out the Standard Range for purchases.

The IRA Factor

Kevin Roberts, CarGurus Director of Economic Intelligence, shed some light on the situation:

“On the surface, Tesla is removing its lowest MSRP model (Model 3 Standard Range Rear-Wheel Drive); however, with EVs, MSRPs only tell part of the story.”

The Inflation Reduction Act’s requiring domestic battery sourcing, and the Standard Range Model 3 just doesn’t make the cut.

Who Benefits?

This move’s actually pretty smart.

Roberts points out, “This move likely helps profitability for Tesla, is cheaper for most consumers, and would likely only negatively impact the model options for higher-income households who wouldn’t qualify for the tax credit in the first place.”

Used Market Still Strong

Don’t forget about the used market. Roberts notes, “Currently, the average price of a used Model 3 is $25,600.” That’s a pretty sweet deal for those still eyeing the Standard Range.

EVXL’s Take

Tesla’s move to streamline its Model 3 lineup while offering attractive lease options on the Standard Range trim showcases the company’s adaptability in a rapidly evolving EV market. This strategy aligns with recent trends we’ve seen in the industry, where manufacturers are constantly adjusting their offerings to meet both regulatory requirements and consumer demands.

For more insights on Tesla’s evolving strategies and their impact on the EV market, check out our Tesla coverage. We’ve been closely following their product lineup changes and how they’re navigating the complex landscape of EV incentives and regulations.

What do you think about Tesla’s Model 3 lineup changes? Are they making the right move, or do you think the Standard Range should stay more prominent? Drop your thoughts in the comments below!

Foto mit freundlicher Genehmigung von Tesla.