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

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Published on December 18th, 2018 |

by Zachary Shahan

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

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December 18th, 2018 by Zachary Shahan

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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About the Author

Zachary Shahan Zach is tryin' to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He's also the president of Important Media and the director/founder of EV Obsession and Solar Love. 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, and Canada.

Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.

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Volkswagen sold 5.7 million vehicles between January and November 2018

SUV in small format: the new T-Cross

Electric offensive: ID.1, ID. VIZZION1 and ID. R Pikes Peak provided important impetus on the threshold of a new epoch
SUV offensive: With nine new models, Volkswagen has expanded its efficient SUV fleet more than ever before
More 2018 news: the up! GTI2 makes for fun in Europe, Jetta3 No. 7 launched in the USA, and the new Virtus3 is inspiring South America

WOLFSBURG, 27-Dec-2019 — /EuropaWire/ — Volkswagen has set an important course for the future in 2018: As the first model of the future ID. family, the zero-emission compact ID. has reached the final phase of series development. In addition, with the avant-garde ID. VIZZION saloon and the racing car ID. R Pikes Peak, Volkswagen demonstrated two more fascinating facets of electric mobility. SUVs are booming worldwide: Volkswagen followed this trend in 2018 with nine new Sport Utility Vehicles (SUV) – from the urban T-Cross4 to the Touareg brand flagship. Various models of different segments like the new Virtus (South America), the attractive up! GTI (Europe) or the Jetta (North America), however, made it clear that Volkswagen serves every region of the world with specific cars. This has resulted in great success: Between January and November, unit sales rose by around 280,000 year-on-year to 5.7 million Volkswagen vehicles.

Electric offensive: In March, with the ID. VIZZION, Volkswagen presented a completely automated driving saloon of the future: emission-free, range of up to 665 kilometres, can be operated via voice and gesture control and able to learn thanks to artificial intelligence. A car as a portal to the future. Three months later, with the ID. R Pikes Peak, Volkswagen revealed the purely dynamic side of electric mobility: on 24 June it pulverised the all-time record at the Pikes Peak International Hill Climb – the legendary Race to The Clouds (Colorado/USA). It also overtook all racing cars with combustion engines ever to have started. In December, the first media representatives were able to experience live what the future of production vehicles feels like: they accompanied Volkswagen engineers on board the ID. during test drives in South Africa. The ID. is scheduled to be launched on the market in 2020.

SUV offensive: Charismatic Sport Utility Vehicles enjoy worldwide success. At the same time, Volkswagen further expanded its range of these all-rounders. The third generation of the Volkswagen brand flagship Touareg made its international debut in March with numerous technical highlights. Specially designed for China, Volkswagen also presented the particularly spacious Tharu3 (Chinese compact class), which is tailored to families, and the Tayron3 (Chinese intermediate class), which is positioned above it. The large Teramont3 and an extended and specified version of the T-Roc for the Chinese market also celebrated their debuts in China in 2018. Below the T-Roc, the new T-Cross, the first small-vehicle SUV from Volkswagen to date, was launched on an international scale in November.

As a sister model to the Teramont, the seven-seater Atlas3) is built in the USA. On this basis, Volkswagen presented the new Atlas Cross Sport1 at the New York International Auto Show (March) – a dynamic five-seater with a hybrid drive for the metropolises of North America. The series version is scheduled to be launched on the American market in 2019. The Atlas Tanoak1 – the first pickup to be based on the innovative modular transverse matrix (MQB) – presented at the same time has been part of a trial to date. As the second MQB pickup, the Tarok Concept1 presented at the São Paulo International Motor Show caused a sensation in November.It has a loading area that can be extended into the vehicle interior and is scheduled to be launched on the Brazilian market first in the foreseeable future.

Specialities for the world: With the up! GTI, a sporty vehicle in the original GTI format was launched in 2018. 85 kW/115 PS and low weight provide a lot of driving fun. This means that the GTI family comprising Golf GTI5, Polo GTI6 and up! GTI is now complete. The Jetta, which has been produced 17.5 million times, is one of the most successful compact saloons ever. Volkswagen presented the seventh generation in Detroit this year. It is now based on the MQB and was specially developed for the US market. The new Virtus is even more compact. This MQB saloon is similar to the Polo, is produced in Brazil and was launched there first.

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Fritz Kuhn has a bad idea

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