Vehicle report

2023 Tesla Model 3

Fair price, market signal, reviews, and common issues — all in one place. Tuned to ZIP 43215 (from your location).

Fair price range

$23,100

$21,000 — $25,150

medium confidence

Est. out-the-door

$25,425

$23,173 — $27,623

in Ohio (7.25% tax + fees)

What's shaping this price

  • Age (3 yrs)−$18,843

    18%/yr for ev

Local market signal · 432xx

Avg days on market

39

from 63 comparable listings

30-day price trend

↓ 0.7%

cooling

Prices for this trim in 432xx are trending down — a buyer's edge right now.

Price over its life

2023 → 2026
$27.8k$32.6k$37.3k$42k$23.1k2023202420252026

Anchored on the original manufacturer MSRP for this trim, curved to today's typical price via segment depreciation.

Next 5 years (forecast)

2026 → 2031
$11.3k$15.2k$19.2k$23.1k$7.3k202620272028202920302031

Projected from today's typical price using the segment's annual depreciation rate, with a small penalty for accumulated mileage. Rough forecast — actual resale value swings with the used-car market.

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Affordability72-month loan · Ohio · 1,000 mi/mo

Potential monthly cost of ownership

Loan + insurance + gas — the three big monthly line items.

Estimated monthly total

Loan + insurance + gas

$510/mo

  • Auto loan

    72 months · 10% down · 7.5% APR (national avg)

    $359/mo

  • Insurance

    Full coverage · Ohio average for EVs

    $111/mo

  • Gas

    131 mpg combined · $5.24/gal · 1,000 mi/mo

    $40/mo

Estimated payments — actual rates depend on credit, coverage, and driving.

Long-term ownership costsDepreciation + maintenance over 5 years, assuming 12,000 mi/yr

$17,536over 5 yrs

~$3,507/yr

  • Depreciation

    $14,536

    Segment: ev

  • Maintenance

    $3,000

    segment ballpark

Depreciation projected from segment averages against today’s typical price; maintenance is an AAA-derived segment ballpark. Loan, insurance, and gas are covered in the Affordability section above.

Safety ratingsOfficial NHTSA crash-test scores + owner complaint volume20 NHTSA complaints
  • Overall

    ★★★★★

    5.0 of 5

  • Frontal crash

    ★★★★★

    5.0 of 5

  • Side crash

    ★★★★★

    5.0 of 5

  • Rollover

    ★★★★★

    5.0 of 5

Averaged across 2 tested body/cab configurations (NHTSA scores by variant).

Safety recallsOfficial NHTSA campaigns for this year / make / model12 total
  • EXTERIOR LIGHTING:TAIL LIGHTS

    Tesla, Inc. (Tesla) is recalling certain 2023 Model 3 and 2020-2023 Model Y vehicles. One or both taillights may intermittently fail to illuminate.

    22V844000 ·

  • AIR BAGS:SIDE/WINDOW:CURTAIN

    Tesla, Inc. (Tesla) is recalling certain 2020-2021, 2023 Model 3 vehicles. The left and/or right side curtain air bag may have been improperly secured to the roof rail, which could result in a twisted air bag. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 214, "Side Impact Protection" and 226, "Ejection Mitigation."

    21V834000 ·

  • STEERING:AUTOMATED/ADAPTIVE STEERING

    Tesla, Inc. (Tesla) is recalling certain 2016-2023 Model S, Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with Full Self-Driving Beta (FSD Beta) software or pending installation.  The FSD Beta system may allow the vehicle to act unsafe around intersections, such as traveling straight through an intersection while in a turn-only lane, entering a stop sign-controlled intersection without coming to a complete stop, or proceeding into an intersection during a steady yellow traffic signal without due caution. In addition, the system may respond insufficiently to changes in posted speed limits or not adequately account for the driver's adjustment of the vehicle's speed to exceed posted speed limits.

    23V085000 ·

  • ELECTRICAL SYSTEM:PROPULSION SYSTEM:TRACTION BATTERY

    Tesla, Inc. (Tesla) is recalling certain 2023 Model 3 and Model Y vehicles. The pyrotechnic battery disconnect may be defective.

    23V434000 ·

  • ELECTRICAL SYSTEM:ADAS:AUTONOMOUS/SELF DRIVING:SOFTWARE

    Tesla, Inc. (Tesla) is recalling 2012-2023 Model S, 2016-2023 Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with all versions of Autosteer leading up to the version(s) that contains the recall remedy. In certain circumstances when Autosteer is engaged, the prominence and scope of the feature's controls may not be sufficient to prevent driver misuse of the SAE Level 2 advanced driver-assistance feature.

    23V838000 · Dec 12, 2023

  • ELECTRICAL SYSTEM: INSTRUMENT CLUSTER/PANEL

    Tesla, Inc. (Tesla) is recalling certain 2012-2023 Model S, 2016-2024 Model X, 2017-2023 Model 3, 2019-2024 Model Y, and 2024 Cybertruck vehicles. An incorrect font size is displayed on the instrument panel for the Brake, Park, and Antilock Brake System (ABS) warning lights. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 105, "Hydraulic and Electric Brake Systems" and 135, "Light Vehicle Brake Systems."

    24V051000 ·

  • SEAT BELTS:FRONT:WARNING LIGHT/DEVICES

    Tesla, Inc. (Tesla) is recalling certain 2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles. In the event of an unbelted driver, the seat belt warning light and audible chime may not activate as intended. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, "Occupant Crash Protection."

    24V376000 ·

  • LATCHES/LOCKS/LINKAGES:HOOD:LATCH

    Tesla, Inc. (Tesla) is recalling certain 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y vehicles. The hood latch assembly may fail to detect an unlatched hood condition after the hood has been opened.

    24V554000 ·

+ 4 more recalls not shown

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Ownership economics

Real market data

  • 5-year total cost of ownership — depreciation + fuel + insurance + maintenance, itemized
  • EPA fuel economy — real MPG + annual fuel cost for this trim
  • Safety ratings + recalls — official NHTSA scores and every open campaign

Curated sources

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  • Top 5 editorial reviews — from MotorTrend, C&D, Edmunds, Autoblog, and more
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