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.
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: