Tesla Model 3 vs Tesla Model 3

SpecTesla Model 32024Tesla Model 32023
Price (OTR)£42,990£40,490
Power340 bhp283 bhp
Torque493 Nm420 Nm
0–60 mph4.2 secs5.8 secs
Top Speed138 mph140 mph
MPG (combined)
CO₂0 g/km0 g/km
Boot Space594 litres561 litres
Kerb Weight1761 kg1760 kg
EngineElectricElectric
TransmissionSingle-speed AutoSingle-speed Auto
DrivetrainAWDRWD
Insurance Group5049
Annual Tax£0£0
Euro NCAP5 / 5 stars5 / 5 stars
Seats55
Fuel TypeElectricElectric

Running Costs Calculator

Adjust the inputs to estimate what each car will cost you to own.

Over 3 yearsTesla Model 3Tesla Model 3
Fuel / energy£2,314£2,314
Road tax (VED)£0£0
Insurance (est.)£7,200£7,077
Depreciation (est.)£17,196£16,196
Total cost£26,710£25,587
How these numbers are calculated
  • Fuel cost uses the car's combined MPG and the price you enter.
  • EV energy cost assumes 3.5 mi/kWh (UK average). Real efficiency varies by car and driving style.
  • Insurance is a rough estimate based on the car's insurance group — your actual quote depends on age, location, and history.
  • Depreciation assumes 40% loss over 3 years, scaled linearly. Premium brands and EVs can deviate significantly.
  • Road tax uses the published first-year and standard VED for the car's CO₂ band.