Tesla Model 3 vs Model Y: Which One Should You Buy?

Hey everyone, it’s DennisCW here! Today, I want to dive into a question I get asked a lot: Should you buy the Tesla Model 3 or the Tesla Model Y? I’ve been looking at the pricing and features of both models almost every day, and I was honestly surprised by what I found. Spoiler alert: The Model Y might just be the better choice for most people, especially with current pricing and inventory availability. Let’s break it down and help you make an informed decision.

Pricing: Model 3 and Model Y Are Closer Than You Think

One of the biggest shocks for me was how close the pricing is between the Model 3 and Model Y. At first glance, the Model Y is just $2,000 more than the Model 3 for comparable trims. For example:

• Model 3 Long Range All-Wheel Drive: Starts at $39,990.
• Model Y Long Range All-Wheel Drive: Starts at $41,490.

That’s only a $1,500 difference! When you factor in financing, the gap narrows even further. Let’s look at some real-world numbers (note: these are rough estimates and include California tax rates for illustration):

• Model 3 Long Range AWD (0% financing, 60 months, no down payment):

  • Monthly Payment: $666
  • Total Cost: $45,689

• Model Y Long Range AWD (1.99% financing, 60 months, no down payment):

  • Monthly Payment: $727
  • Total Cost: $49,430 (including interest)

The monthly payment difference is less than $100, and the total cost difference is around $2,000–$3,000 over the life of the loan. For that small premium, you’re getting a lot more with the Model Y, which I’ll get into next.

Model 3 Pros and Cons: Sporty and Nimble

I recently had the chance to drive a Model 3 Performance for a few days (shoutout to Mark for letting me borrow it!), and I can confirm it’s an absolute blast. Here’s what stands out about the Model 3:

• Pros:

  • Sporty driving position, closer to the ground.
  • Nimble size and exceptional handling, perfect for zipping around highway ramps.
  • Gorgeous design, especially from the front and rear.

• Cons:

  • Less interior space and utility compared to the Model Y.
  • Slightly older tech in some trims compared to the latest Model Y inventory.

If you’re someone who craves speed, tight handling, and that sedan feel, the Model 3 is a fantastic choice. It’s a driver’s car through and through.

Model Y Pros and Cons: Utility and Comfort

On the other hand, the Model Y offers a completely different vibe, and for most people, I think it’s the smarter pick. Here’s why:

• Pros:

  • Greater practicality with more interior space and cargo room.
  • Higher seating position for better visibility and comfort.
  • Latest technology and features, especially in current inventory models.
  • Also gorgeous, with a distinct SUV-like design.

• Cons:

  • Slightly less sporty feel compared to the Model 3.
  • Higher price point, though the difference is minimal.

If you prioritize comfort, space, and utility—whether for family, road trips, or just daily errands—the Model Y is hard to beat.

Technology and Features: Model Y Edges Out Slightly

Both the Model 3 and Model Y come with Tesla’s cutting-edge tech, including Full Self-Driving capabilities and advanced camera systems. However, the Model Y often has a slight edge with the latest updates and features, especially in newer inventory units. If having the most up-to-date Tesla tech is important to you, the Model Y might be the safer bet.

My Recommendation: Model Y Wins (Most of the Time)

If I had to choose between the two, I’d pick the Model Y 7 or 8 times out of 10. The added utility, comfort, and minimal price difference make it a no-brainer for most buyers. Having owned almost every Tesla model since 2019, I can confidently say the Model Y just makes the most sense for the majority of people—unless you’re absolutely in love with the sporty sedan feel of the Model 3 or hate the SUV look.

What do you think? Are you Team Model 3 or Team Model Y? Drop your thoughts in the comments below—I’d love to hear how you’re crunching the numbers and making your decision!

Must-Have Tesla Accessories

Now that you’re about to buy (or have already bought) your Tesla, did you know it comes with zero accessories? Not even a phone mount! Don’t worry, I’ve got you covered with some must-haves for every Tesla owner:

• Phone Mount: Keep your phone secure during those quick accelerations.
• Center Console Organizer: Avoid losing your stuff in the abyss of the console.
• Underscreen Station Mount from Jowua: A sleek spot to store sunglasses or other small items.

I’ve partnered with Jowua to bring you these awesome accessories (and more!). I personally use their products and love them. They’ve also got cool extras like a wireless game controller, a portable air compressor for road trips, and even an electric scooter for those long walks from Superchargers. Use my promo code in the description below to save some money and support the channel. Plus, get free shipping on orders over $120! Check out the link below for all the details.

Thanks for reading, and a huge thank you to Jowua for partnering with me on this content. Stay tuned for more Tesla tips, comparisons, and updates. Let’s keep the conversation going—see you in the comments!

-DennisCW