Tesla Model 3 or Toyota Camry: Which is a more cost-effective car?

November 8, 2019/Buy a Car At Dealers Cost

Buying a new car isn’t about cost. A used car will beat a new one on cost every time. This has a lot to with how many miles you will drive and how long you’ll keep the car. Somewhere between 150,000 and 250,000 miles, the gas cost alone in the Camry will make the Model 3 less expensive. If you drive 25,000 miles a year the Model 3 is better for you than Toyota Camry. At less than about 5,000 miles a year, the Camry is certainly going to cost less. In between there, it’s uncertain. The Camry will probably have more maintenance. The Tesla Model 3 features and driving experience will likely keep the resale value higher. Model 3 has a lot more of the stuff people buy new cars for prestige, cutting edge features, overall driving experience, etc.

So the Tesla Model 3 Standard Range Plus, a better car than the Camry, beat all three trims by a wide margin, especially the base trim. But we can’t forget that The Toyota Camry was the top-selling car in the USA in the 2018 report, where Tesla model 3 is hard to enter in the top 10 selling cars criteria.

Tesla Model 3

  • Performance AWD
  • Transmission: Automatic
  • Drivetrain: All Wheel Drive None
  • MPG: N/A
  • Engine: Electric None

 

Pros

  • Quick, smooth acceleration
  • Nimble handling
  • Extremely low energy costs
  • Cutting-edge technology

 

Cons

  • No Smartphone integration
  • Adjusting some driver controls can be distracting

 

New for 2019

  • Standard Range and Performance trims debut
  • Reshuffling of features
Price: $35,000
Buy Tesla Model 3 at Dealers Cost

Toyota Camry

  • Transmission: Automatic
  • Drivetrain: Front Wheel Drive 3.5 L/211
  • MPG: 22 City / 32 Hwy
  • Engine: Regular Unleaded V-6 3.5 L/211

Pros

  • Great fuel economy
  • Engaging ride
  • Generous list of standard features
  • Good predicted reliability rating

 

Cons

  • Below-average trunk space
  • Noisy cabin

 

New for 2020

  • Android Auto now standard
  • TRD trim joins lineup
Price: $24,295
Buy Toyota Camry at Dealers Cost