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2020 Tesla Model 3
#1 Best Luxury Electric Cars of 2020

Used 2020 Tesla Model 3

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2025
2020
EV Range
220 - 322 miles
Charge Time (240V)
8.5 - 10 hours
0-60
3.2 - 5.6 seconds
MPGe
113 - 141 combined mpge
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Calculate Your Annual Fuel Cost Savings

Electric ($0.16/kWh)
vs
Gas ($3.45/gal)
Edit
Fuel Savings
$974
/yr
Actual results will vary according to driving conditions, driving styles, vehicle maintenance. Cost estimates are based on 140MPGe vs 25.4 MPG, the estimated cost per gallon of gasoline of $3.45, and the estimated cost of electricity per kilowatt-hour of $0.16.

2020 Tesla Model 3 Review

Pros

  • Excellent electric driving range
  • Enjoyable to drive, powerful
  • Software updates/improvement occur continuously
  • Well-integrated infotainment
  • Driving assistance features work well

Cons

  • Access to Tesla’s Supercharger charging station network is not free, as it is for Model S and Model X owners
  • Virtually all controls operated from within the touchscreen, unlike every other car
  • The conventional trunk configuration, rather than a hatchback, limits cargo flexibility

What's New?

  • New and updated driving-assistance systems
  • Re-configuring packages for the most popular versions
  • Tax credit incentives cease
  • New software adds Tesla Theater, Smart Summon, and more

Tesla’s 5-seat Model 3 sedan gives the owner ample electric range and lots of technology, all at a starting price of about $40,000. In addition, if you consider the Model 3 a luxury car as some do, it was the best-selling luxury compact car in America in 2019.

But, because of fairly high transaction prices, the Tesla Model 3 is not quite fully mainstream, as it’s still too pricey for most middle-market car shoppers. And now that the federal tax credit for all Teslas has lapsed, it effectively makes the Model 3 even more expensive than last year.

For those on a more limited budget, the 2020 Chevrolet Bolt costs less, offers a better driving range (compared to the Model 3’s standard motor package), even though it’s smaller. Nissan’s Leaf costs even less but has just 149 miles of range with the standard motor package, where the Model 3 Standard Plus base version is worth 250 miles of range. If you peek upmarket a bit to Jaguar’s $70,875 I-Pace, you get a far more plush interior, better handling, and much more standard power, yet the range is essentially the same. All for basically double the price. But option up the Model 3’s Long Range motor package or the Performance version, and costs can skyrocket easily.

Still, the Model 3 is Tesla’s highest-volume and most affordable electric vehicle. With great range, performance, a measure of practicality, good crash safety ratings, and some fun driving character, the Model 3 can be a rewarding full electric vehicle for those heavily weighing life without fossil fuels.

2020 Tesla Model 3 Pricing

2020 Tesla Model 3 pricing starts at $23,882 for the Model 3 Standard Range Sedan 4D, which had a starting MSRP of $36,200 when new. The range-topping 2020 Model 3 Performance Sedan 4D starts at $27,692 today, originally priced from $56,190.

Original MSRP
KBB Fair Purchase Price (national avg.)
Standard Range Sedan 4D
$36,200
$23,882
$39,190
$22,244
$48,190
$26,205
$56,190
$27,692

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2020 Tesla Model 3 models in typical condition when purchasing from a dealership. These prices are updated weekly.

Which Model is Right for Me?

2020 Tesla Model 3 Standard Range Plus

250 miles of driving range
Standard active driver assistance and collision-avoidance systems
Rear-wheel drive
0-60 mph in 5.3 seconds
15-inch touchscreen control panel

2020 Tesla Model 3 Long Range

322 miles of driving range
Dual-motor AWD system
0-60 mph in 4.4 seconds
Full “Premium” interior upgrade
Heated rear seats

2020 Tesla Model 3 Performance

310 miles of driving range
Dual-motor AWD system
0-60 mph in 3.2 seconds
Performance suspension, brakes, wheels, and tires
Track driving mode

Driving the Tesla Model 3

Despite its being an electric car chiefly focused on delivering range and practicality, the 2020 Tesla Model 3 behaves in many ways like a sports car because all the powertrain’s dense mass is positioned low in the chassis and between the wheels. This makes the Model 3 feel nimble with minimal body roll in corners, despite weighing nearly 4,000 pounds.

On a straightaway, the up-level Model 3 Performance can go from 0-60 mph in a claimed 3.2 seconds, which is nothing short of supercar and exotic territory. Meanwhile, the standard Model 3 does the same sprint in 5.3 seconds, still no slouch. Also, the Model 3’s low cowl and dashboard height provide an expansive view forward.

Since much of the Model 3’s driving characteristics are driver-tunable with brake regeneration, steering effort, and throttle response all adjustable, you can dial your preferences in quite elaborately. Overall, the Tesla Model 3 is pleasant to drive, quick and agile when wanted, and comfortable when cruising.

Interior Comfort

Here’s where things get a little funky for some. The Model 3 interior owes its entire look to minimalism and sparsity. Some even might say stripped-down. It has virtually no conventional switches, levers or knobs, or even an instrument panel. It tosses all that stuff into the bin in favor of a 15-inch multifunction tablet-like touchscreen in the middle of the dashboard. You use this to control everything from ventilation and heating to audio, navigation, and battery charging data.

Vehicle speed and other always-present driving information are displayed at the top left of this screen. Some users might feel this is quite alien, while others might adapt quickly and love it. And as the popular internet memes today often claim, your mileage may vary.

The front seats offer lots of headroom for tall drivers, and those seats themselves are comfortable and supportive. Rear-seat space is tight, however. Plus, the seat bottom is positioned very low and lacks support, forcing rear passengers’ knees to float in the air with little cushioning under their thighs. This causes fatigue to set in very quickly.

Exterior Styling

Some of the latest EV competitors in the low and middle price classes use odd, quirky design elements to state visually that they are, indeed, electric vehicles. Conversely, the Model 3’s exterior simplicity is its strength. It does not use an awkward overlay of surface details to pronounce its reliance on electrons versus petrochemicals. Meanwhile, the sweep of the roofline, the low cowl, flush door handles, and absent front grille impart a simple elegance.

The 19-inch optional Sport wheels look much better than the standard wheels fitted to the Standard Range and Long Range models. Opting for the Performance model then also results in a lower ride height, 20-inch matte-finish wheels, and a carbon-fiber spoiler.

Favorite Features

Tesla Theater

Having debuted in 2019 with Software v10.0, Tesla Theater makes recharging less tiresome when on road trips by allowing you to watch Hulu, Netflix, YouTube, and other streaming services while parked and recharging.

Smart Summon

This feature can start and remotely drive your Model 3 to where you’re standing, all through your smartphone’s Tesla app. The car has to be within sight, and you must accept responsibility for anything that might go wrong on this remote-controlled brief journey. But it’s a crowd-pleaser and relies on deft technology.

Standard Features

Tesla is always changing the Model 3 lineup in features that come standard and options based on buyer trends and software updates. With that caveat, the cheapest model is Standard Range Plus in rear-wheel-drive configuration. Meanwhile, Long Range and Performance trims include dual-motor all-wheel drive.

Dual-zone automatic climate control is standard, as is a glass roof, Bluetooth connectivity, four USB ports, two smartphone docking stations, and heated, power-folding side mirrors with auto-dimming glass. Tesla’s “Autopilot” advanced driving-assistance system (ADAS) is also standard.

Currently, the Model 3 Standard Range Plus includes a “Partial Premium” interior, meaning premium seat material, 12-way power and heated front seats, upgraded audio, plus 30 days of premium connectivity with in-car internet music and entertainment streaming, satellite maps with live traffic and over-the-air vehicle updates.

Factory Options

Oddly, any paint color other than white costs extra, as does the handsome 19-inch Sport wheels. The full Premium interior (in contrast to the above-mentioned “Partial Premium” version) comes with the Long Range and Performance trim levels. The full Premium also adds LED fog lights, heated rear seats, upgraded audio, floormats, and a year of free “Premium” connectivity. Performance trim equips the Model 3 with gray 20-inch wheels, upgraded brakes, lower ride height, a Track driving mode, a carbon-fiber spoiler, and aluminum-alloy pedals.

“Full Self-Driving Capability” costs $7,000 on Model 3s, which includes the existing Tesla Autopilot features like automated driving from highway onramp to highway offramp, similar to Cadillac’s Super Cruise, all of which Tesla claimed earlier in 2020 would be available by year’s end, but is still in beta testing. Automatic lane-changing capability, automatic parking in parallel and perpendicular parking spaces, and Smart Summon are all available now, too. Tesla claims that “Full Self-Driving Capability” will add the ability to respond to traffic signals and stop signs. However, Tesla’s “Full Self-Driving Capability” is absolutely not true autonomous driving, and no one should confuse the two.

Engine & Transmission

For Standard Range Plus and special-order Long Range rear-drive Model 3s, an electric motor sits between the rear wheels, but you’ll never see it. Long Range all-wheel-drive and Performance trim models add another electric motor for the front wheels.

Those electric motors are powered by lithium-ion batteries parked under the car’s floor between the front and rear wheels. Standard Range Plus Model 3s have a 54-kWh lithium-ion battery. A 75-kWh battery comes with the Long Range and Performance versions, but the Performance version is more powerful.

Model 3 Standard Range Plus:

AC induction electric motor w/54-kWh battery pack
340 horsepower (estimated)
330 lb-ft of torque (estimated)
EPA city/highway fuel economy: 148/132 MPGe (RWD)
Range: 263 miles

Model 3 Long Range:

AC induction electric motors w/75-kWh battery pack
447 horsepower (estimated)
376 lb-ft of torque (estimated)
EPA city/highway fuel economy: 136/123 MPGe (RWD), 124/116 MPGe (AWD)
Range: 353 miles

Model 3 Performance:

AC induction electric motors w/75-kWh battery pack
580 horsepower (estimated)
481 lb-ft of torque (estimated)
EPA city/highway fuel economy: 124/116 MPGe (18-inch wheels), 119/112 MPGe (19-inch wheels), 118/107 MPGe (20-inch wheels)
Range: 315 miles


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2020 Tesla Model 3
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 195 Consumer Reviews
Write a Review
90%Recommend this vehicle
5
85%
5
85%
4
5%
4
5%
3
3%
3
3%
2
3%
2
3%
1
5%
1
5%
Value
4.5
Performance
4.8
Quality
4.4
Comfort
4.6
Reliability
4.6
Styling
4.7

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2020 Tesla Model 3 Styles

Style
Price
EV Range
Charge Time
0-60
Combined MPGe
Top Speed
Cargo Capacity
Curb Weight
Standard Range Plus Sedan 4D
$22,244
220 - 322 miles
8.5 hours
5.3 seconds
220 - 322 MPGe
140 mph
15 cu ft
3627 lbs
Standard Range Sedan 4D
$23,882
220 - 322 miles
10 hours
5.6 seconds
220 - 322 MPGe
140 mph
15 cu ft
3627 lbs
Long Range Sedan 4D
$26,205
220 - 322 miles
10 hours
4.4 seconds
220 - 322 MPGe
145 mph
15 cu ft
4072 lbs
Performance Sedan 4D
$27,692
220 - 322 miles
10 hours
3.2 seconds
220 - 322 MPGe
162 mph
15 cu ft
4072 lbs
See Full Specs for All 2020 Tesla Model 3 Styles
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2020 Tesla Model 3 Depreciation

A 2020 Tesla Model 3 has depreciated $24,922 or 55% in the last 3 years and has a current resale value of $19,954 and trade-in value of $17,073.

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2020 Tesla Model 3
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2020 Tesla Model 3 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
+ $4,459
$44,876
$40,835
2023
$9,705
$35,171
$29,967
2024
$12,083
$23,088
$19,868
Now
$3,134
$19,954
$17,073
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2020 Tesla Model 3 Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
3627 lbs.
EPA Passenger
97.0 cu.ft.
Front Head Room
40.3 inches
Front Leg Room
42.7 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.5 inches
Overall Length
184.8 inches
Front Shoulder Room
56.3 inches
Trunk or Cargo Capacity
15.0 cu.ft.
Turning Diameter
38.8 feet
Wheel Base
113.2 inches
Width with mirrors
72.8 inches

Exterior

Alloy Wheels
Available
Fog Lights
Available
Number of Doors
4 doors
Power Folding Exterior Mirrors
Available
LED Headlights
Available

Fuel Economy

City
148 MPGe
Combined
141 MPGe
Highway
132 MPGe

Mechanical

Drivetrain
RWD
1 speed
Available
Hill Start Assist
Available
Parking Assist System
Available

Performance

Engine
AC Electric Motor
Estimated Electric Range
250 miles
Charge Time (240V)
8.5 hours
Battery Capacity
N/A
0 to 60
5.3 seconds
Top Speed
140 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
8 years / 100000 miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release

Entertainment

  • Premium Radio
  • Bluetooth Streaming Audio

Interior

  • Power Windows
  • Power Outlet
  • Steering Wheel Controls

Seating

  • Folding Rear Seat
  • Cloth Seats
  • Heated Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Push-Button Engine Start
  • Touch Screen Monitor
  • USB Port

2020 Tesla Model 3 Safety

2020 Tesla Model 3 Safety Technology

Autopilot

Tesla’s standard collection of advanced driving-assistance systems (ADAS), Autopilot, includes adaptive cruise control, forward-collision warning, automatic emergency braking, and lane-keeping assist. However, we find the name misleading. Tesla drivers should never think that “Autopilot” works like or provides fully automated or autonomous driving assistance in the manner that commercial aircraft does (from which the term Autopilot comes). You must always drive the car.

Sentry Mode

Sentry Mode’s staged response to damage and/or theft while the Model 3 is unattended uses video recorded during alleged events. The Model 3 owner must have inserted a USB drive prior to activation, however.

Full Self-Driving Capability

With this recently added $7,000 option, the Model 3 driver has enhanced navigational and “Autopilot” functionality, including automatic lane change, automatic parking, and Smart Summon. Tesla has stated that a level of autonomous driving on city streets using the ability to respond to stop signs and traffic lights should also debut with this package in late 2020. However, so far, this is still in beta testing.

Compare to Similar Vehicles

Used 2020
Tesla Model 3
Used 2023
Hyundai IONIQ 6
See Details
Price
$21,558
$22,451
KBB.com Rating
4.6
4.6
Consumer Rating
4.6
5.0
Fuel Economy
City 148/Hwy 132/Comb 141 MPGe
City 153/Hwy 127/Comb 140 MPGe
Fuel Type
ElectricLeafIcon
ElectricLeafIcon
Estimated EV Range
250 miles
361 miles
Seating Capacity55
Basic Warranty
4 years or 50000 miles
5 years or 60000 miles
0-60
5.3 seconds
N/A
Engine
AC Electric Motor
Electric Motor
Drivetrain
RWD
RWD

2020 Tesla Model 3 Rankings

More Tesla Model 3 News & Information

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FAQs

Is the 2020 Tesla Model 3 a good vehicle?

Yes, the 2020 Tesla Model 3 is a good car, as reflected by its above-average Kelley Blue Book rating of 4.6 out of 5.

How much should a 2020 Tesla Model 3 cost?

Used 2020 Tesla Model 3 prices currently range from $22,244 for the Standard Range Plus Sedan 4D to $27,692 for the Performance Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Tesla Model 3?

The cheapest 2020 Tesla Model 3 is the Standard Range Plus Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $22,244.

Is the 2020 Tesla Model 3 reliable?

The 2020 Tesla Model 3 is part of the 1st-generation Model 3, which our owners give an above-average reliability rating of 4.6 out of 5.

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