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Tesla Model 3 Performance Price = 50% of BMW M3 Price in China

If the BMW 3 Series seems to be in trouble in the US due to the Tesla Model 3, it appears it might have a much bigger problem in China. The Tesla Model 3 Long Range is already at the top of the price range of a BMW 3 Series and Mercedes-Benz C-Class, and lower-trim options should eventually arrive to compete with those models’ lower-trim options.

If the BMW 3 Series seems to be in trouble in the US due to the Tesla Model 3, it appears it might have a much bigger problem in China. The Tesla Model 3 Long Range is already at the top of the price range of a BMW 3 Series and Mercedes-Benz C-Class, and lower-trim options should eventually arrive to compete with those models’ lower-trim options.

Additionally, at the highest end, the Tesla Model 3 Performance crushes the prices of the BMW M3 and Mercedes-Benz AMG C 63 — as in, it’s approximately half the price of those premium-class competitors.

Don’t let the prices fool you, though — the Tesla Model 3 offers superior performance. As our friend Vincent, who shared all of this info with us, points out, the Tesla Model 3 Performance is even quicker than the BMW M4.

As Vincent shares, the prices of midsize luxury sedans in China (in USD) are as follows:

  • Audi A4 — $43,000–60,000
  • BMW 3 Series — $42,000–72,000
  • Mercedes-Benz C-Class — $46,000–72,000
  • Tesla Model 3 Long Range — $72,000

As far as the performance versions, you get:

  • BMW M3 — $162,000
  • BMW M4 — $184,000
  • Mercedes-Benz AMG C 63 — $173,623
  • Tesla Model 3 Performance — $81,160

Here are the original tweets about these comparisons:

In addition to those comparisons, Vincent highlighted that prices for the Tesla Model S and Model X dropped notably in the past week:

Taking into account huge fuel and operational savings from driving a Tesla Model 3 rather than a BMW or a Mercedes, as well as the many extra benefits of an electric car and especially a Tesla, I have to agree with Vincent’s comment that “I can’t find a reason to buy BMW … sorry, just can’t.” However, same goes for Mercedes, Audi, etc.

Expect a good first quarter for Tesla in China.

If you’re looking to buy a Tesla, appreciate my work, and need a referral code, here you go: http://ts.la/tomasz7234

Images via Tesla

 

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Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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