Which One Should You Buy? Tesla Model 3 vs Model Y, SR vs LR

March 24th, 2019 by  



Tesla Model 3 versus …

Tesla Model Y (not to scale)

Recently, I had a dilemma. I’m sure I am not the only one. I have made up my heart and mind to buy a Tesla. The 3 and Y both suit my needs very well. I decided to write down the pros and cons for the 3 vs the Y, and the Standard Range (SR) vs the Long Range (LR) for each. I created two summary tables, one called Positives and another called Considerations. If I missed any, please let me know in the comments below.

Between the 3 and Y, which makes more sense? It depends (the old economist’s crutch). If you want to purchase a Tesla immediately, the 3 is the better choice due to immediate availability and US federal tax incentives. The Y will arrive in 18 to 24 months, and longer for international sales.

Are you okay with less space or do you crave a larger vehicle? The Y will be larger, have an option to seat more people, and have a rear hatchback. The 3 compensates for its smaller size by having more range, higher top speed, and better acceleration from 0 mph to 60 mph.

Once you decide on which type of Tesla to buy, do you choose a SR or LR trim? I would say it depends (see above). It depends on your budget, how often you drive long distance, if you live in a cold climate, and how long you plan to keep the vehicle. If you have more budget, need to drive longer distances more often, live in a colder climate, or plan to keep the vehicle for a long time, the LR is your best bet. After writing down everything, the 3 LR makes the most sense to me. Fellow CleanTechnica writer Mr. Kyle Field suggested I get the Model 3 Performance. 🙂

Here are two prior articles from CleanTechnica writers comparing the 3 and Y: here and here.

Positives Model 3 Model Y
SR
  • Available for delivery immediately (US) and within 6 months for overseas markets
  • Most affordable Tesla
  • Eligible for up to $3,750 in US federal tax credit
  • Chrome trim
  • EV cars over 200 mile range have best resale value
  • Tow hitch coming
  • V3 Supercharger eligible
  • Eligible for FSD chip upgrade
  • Visit the Tesla factory in Fremont!
  • More cargo space than 3 SR
  • More seating capacity with upgrade than 3 SR
  • Slightly higher range than 3 SR
  • Rear hatchback
  • Standard chrome delete
  • EV cars over 200 mile range have best resale value
  • Tow hitch coming
  • V3 Supercharger eligible
  • Eligible for FSD chip upgrade
  • Visit the Tesla factory in Fremont!
LR
  • Available for delivery immediately
  • Longest range of any Model 3 or Y
  • Eligible for up to $3,750 in US federal tax rebate
  • Most affordable EV per mile of range
  • Chrome trim
  • Includes Premium Package
  • EV cars over 200 mile range have best resale value
  • Tow hitch coming
  • V3 Supercharger eligible
  • Eligible for FSD chip upgrade
  • Fastest 0 to 60 mph times of the four Tesla models compared
  • Highest top speed of the four Tesla models compares
  • Visit the Tesla factory in Fremont!
  • More cargo space than 3
  • More seating capacity with upgrade than 3
  • Rear hatchback
  • Standard chrome delete
  • Includes Premium Package
  • EV cars over 200 mile range have best resale value
  • Tow hitch coming
  • V3 Supercharger eligible
  • Eligible for FSD chip upgrade
  • Faster 0 to 60 mph compared to Y SR
  • Higher top speed compared to Y SR
  • Visit the Tesla factory in Fremont!
Considerations Model 3 Model Y
SR
  • Lowest Tesla range
  • No items from Premium Edition
  • No 7-seat option
  • Less cargo space than Y
  • No rear hatchback
  • Available for delivery in Spring 2021 (US)
  • No items from Premium Edition
  • Unknown safety ratings (but will lead class)
  • Unknown order backlog
  • About 10% more than Model 3 SR
LR
  • More expensive than SR
  • No 7-seat option
  • Less cargo space than Y
  • No rear hatchback
  • Available for delivery in Fall 2020 (US)
  • Most expensive of the four Tesla models compared
  • More expensive than Y SR
  • Lower range than 3 LR
  • Unknown safety ratings (but will lead class)
  • Unknown order backlog
  • About 5.5% more than 3 LR

This ignores all the advantages any Tesla has over a similar luxury gas/diesel internal combustion engine (ICE) vehicle. Below, I have linked to some articles from CleanTechnica or other sources where we have discussed the advantages in more detail. The advantages are numerous and point to how Tesla and EVs generally are better in the present and in the future.

Features Advantage: Tesla Advantage: Luxury ICE
Mission driven to promote clean, sustainable energy Check
Safety Check
Instant torque / Fun Check
TCO Check
Lower maintenance costs Check
Higher resale values Check
Depreciation Check
Engine efficiency Check
Fuel cost Check
Software Check
OTA updates Check
Summon / Enhanced Summon Check
Fart Mode Check
Dog Mode Check
Sentry Mode Check
Games Check
Easter Eggs Check
Price Lower to Similar Similar to Higher
Same price in the same country Check
Negotiate with dealerships Check
Style Many like it Many like it
Leather Vegan Cowhide
Buttons Minimalist Maximalist
Better for health & environment Check
HEPA air filters Check
Lower C02 life emissions Check
Travel range Check
Long-distance travel Supercharging network Gasoline network
Gets cleaner over time as electric grid gets cleaner Check
Mobile repair service Check
Leasing Coming soon Check
Political campaign donations by Big Oil / Big Auto to susceptible politicians Nope Check
Promotes war Nope Check
Promotes freedom, democracy, and sustainability Check Debatable (see above)

As an example, I took my minivan to the Honda dealership today. My headlights and high beams were not working. There were 240 people ahead of me in line. I turned around and went home. Mobile Repair Service for the win.

I am highly excited to own my first EV and my first Tesla. Now I need to convince my significant other. My kids are already on board.

If this article was useful to you, I urge you to use this referral code when you want to buy your Tesla:

https://www.tesla.com/referral/christian9906

Both you and my good friend will get 1,000 free Supercharging miles, and my friend will get a chance to win a Founder’s Series Model Y or Roadster. The new referral program resets referrals at the end of every quarter.

Disclaimer: I currently own Tesla shares. I think $TSLAQQ people and bots have a severe problem with facts and logic, not to mention anti-social attitudes, and they are generally people I actively try to avoid. This article is my opinion and is not meant to be investment or financial advice. Please see a properly licensed financial advisor to discuss investments. 
 





 

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About the Author

Vijay Govindan is interested in sustainable living, financial education, and the intersection of astrophysics and climate change. Rick and Morty fan. Follow him on twitter @vgovindan17



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