Tesla Model 3 Purchases In California May Be Less Expensive Than Toyota Camry - BigTallFans

In California, electric vehicles are selling like hotcakes, and this pattern is not anticipated to change.

BEVs may occasionally be more affordable to purchase than well-known automobiles with internal combustion

According to Reuters, if you exclude the $7,500 federal tax credit as well as the California tax rebate

the entry-level Tesla Model 3 RWD, which starts at $40,240, is less expensive than the Toyota Camry

All variants of the Tesla Model 3 are currently eligible for the full $7,500 federal tax credit

California's Clean Vehicle Rebate Project (CVRP) of $7,500 is not for everyone because it depends

but those who qualify for both save $15,000 or 37 percent of the $40,240 price tag for the Model 3.

This reduces the effective cost to $25,240 - less than the entry-level Toyota Camry.