You can get a Tesla Model 3 for as little as $25,000

Potential buyers of the Model 3 can apply for a federal credit of $7,500 that can be coupled with the CVRP’s $2,500 credit that brings the base price of the Model 3 from $35,000 down to $25,000. Some people can qualify for an even bigger CVRP credit, but there are certain stipulations. Buyers making less than $35,640 or families of four with an annual income of less than $72,900 can see their CVRP’s credit bumped up to $4,500. These would be the specific situations where a base Model 3 can be purchased for under $25,000.

There are some restrictions buyers should be aware of when it comes to credits. Individuals making over $150,000 or joint families making over $300,000 don’t qualify for the Clean Vehicle Rebate Project’s credit.

Tesla is planning on focusing early deliveries of the Model 3 to California, making its incentives that much more important. The first Model 3 deliveries are arriving this month. Those buyers should apply for their due incentives as soon as possible.

Article source: https://www.technobuffalo.com/2017/07/27/you-can-get-a-tesla-model-3-for-as-little-as-25000/