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2023 Tesla Model 3

2023 Tesla Model 3

Sedan
AWD
Electricity
Horsepower
MPG Combined
131 mpg
MSRP
Torque
Reliability Score
24/ 100Below Average
Based on 692 NHTSA complaints

Should You Buy a 2023 Tesla Model 3?

The 2023 Tesla Model 3 is a sleek all-wheel-drive sedan designed for those seeking an electric vehicle that combines performance with practicality. With a starting MSRP of $47,240, it offers a modern aesthetic and advanced technology features, making it a popular choice among tech-savvy buyers. However, potential owners should be aware of its reliability score of 23.8 out of 100, which indicates some concerns regarding its dependability, particularly in areas like adaptive cruise control and automatic emergency braking, where a significant number of complaints have been recorded.

While the Model 3 seats five and boasts a minimalist interior, it is essential to consider the reported issues, especially with forward collision avoidance systems and steering at lower mileages. Despite these concerns, the Model 3 remains a compelling option for those looking to transition to electric driving, offering a unique blend of performance and eco-friendliness.

Ideal For

The 2023 Tesla Model 3 is best suited for environmentally conscious individuals or families looking for a reliable daily commuter with cutting-edge technology and performance capabilities.

Strengths

  • +All-wheel drive for enhanced traction and stability
  • +Advanced technology features including autopilot capabilities
  • +Sleek, modern design with a spacious interior
  • +Zero emissions, contributing to environmental sustainability
  • +Strong brand reputation for innovation and electric vehicle technology

Weaknesses

  • -Low reliability score of 23.8/100 raises concerns
  • -Significant complaints regarding adaptive cruise control and steering
  • -Limited service network compared to traditional automakers
  • -Higher price point compared to some competitors in the electric vehicle market
  • -Unknown horsepower and torque may deter performance-focused buyers

Known Issues (NHTSA Data)

The 2023 Tesla Model 3 has garnered a total of 692 complaints, with 139 related to crash incidents and 85 injuries reported, highlighting some safety concerns. The most frequent complaints involve the forward collision avoidance systems and steering, particularly at lower mileage ranges. While there are no fire incidents reported, the reliability score suggests that potential buyers should be cautious and consider these known issues when making their purchase decision.

Complaint Patterns by Mileage
FORWARD COLLISION AVOIDANCE: AUTOMATIC EMERGENCY BRAKING
0-20000 mi
7 reports
STEERING
0-20000 mi
7 reports
Top Complaint Areas
FORWARD COLLISION AVOIDANCE: ADAPTIVE CRUISE CONTROL15% of complaints
FORWARD COLLISION AVOIDANCE: AUTOMATIC EMERGENCY BRAKING13% of complaints
STEERING12% of complaints
VEHICLE SPEED CONTROL9% of complaints
UNKNOWN OR OTHER8% of complaints

Performance

Horsepower
Torque
Engine
Cylinders
Transmission
Automatic (A1)
Drive Type
AWD

Efficiency

MPG Combined
131
Fuel Type
Electricity

Dimensions

Length
184.6 in
Width
72.8 in
Height
56.7 in
Wheelbase
113.4 in
Curb Weight
3,627 lbs
Ground Clearance

Capacity

Doors
4
Seating
Cargo
Max Cargo
Max Towing
Max Payload

ddpc Estimated Value

$26,445
$22,478 – $30,412
Depreciation Over Time
New
3yr
5yr
ddpc Estimate based on original MSRP, standard depreciation curves, vehicle class, and NHTSA reliability data. Not a substitute for professional appraisal. Actual value depends on condition, mileage, location, and market conditions.

Estimated Cost of Ownership

Estimated Annual Cost
$4,237
Per Mile
$0.35
5-Year Total
$41,980
Fuel
$600/yr
Maintenance
$600/yr
Insurance
$3,037/yr
Depreciation
$4,159/yr
Based on industry-standard estimates for this vehicle class. Fuel cost assumes 12,000 mi/yr at national average gas prices. Maintenance uses class-based intervals, not manufacturer-specific schedules. Actual costs vary by location, driving habits, and vehicle condition.

Available Trims (3)

Model 3 Long Range AWD
AWD
Model 3 RWD
RWD
Model 3 Performance AWD
AWD

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