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

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:

New Tesla Model 3 LR pricing ($72K USD) in China is very consumer friendly, fit right into the competitors price ranges: Mid size luxury sedans in China (USD): BMW 3 Series $42K-$72K Audi A4 $43K-$60K Mercedes Benz C-Class $46K-$72K$TSLA #Tesla #China #Model3 #TeslaChina pic.twitter.com/ybFSXNqUSe — Vincent (@vincent13031925) December 17, 2018

Nope, price is for now — Vincent (@vincent13031925) December 18, 2018

Ok, this is the most exciting one! Pricing (China🇨🇳) of Tesla Performance Model 3 vs Mercedes Benz C 63 AMG @Tesla PM3: $81,160 USD MB C 63 AMG: $173,623 USD $TSLA PM3 in China is offering a super discount. More than $92K lower than C63 AMG with much better performance. pic.twitter.com/Dg4x8dTGqI — Vincent (@vincent13031925) December 17, 2018

yup and this is the performance data:

BMW M4 0-60 3.8 sec

Tesla PM3 0-60 3.5 sec

And I can't find a reason to buy BMW… sorry, just can't — Vincent (@vincent13031925) December 18, 2018

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

Update with English version & USD pricing table.

Tesla officially lowered the prices (Model S And X) in China🇨🇳: some models have cut prices by more than $15K USD, a drop of 11% Q1 2019 sales numbers (China) will be insane!!$TSLA #Tesla #China #TeslaChina pic.twitter.com/luHQbyZNN3 — Vincent (@vincent13031925) December 14, 2018

Dec 17, @Tesla's official web showed the price of Model 3 in China was lowered again. Performance M3 now 560K yuan, ⬇️ 35K yuan; long-range now 399K yuan, ⬇️ 41K yuan. $TSLA told reporters that the price reduction of Model 3 was due to tariff factors. #Tesla #China #TeslaChina pic.twitter.com/8KtBhh6CdN — Vincent (@vincent13031925) December 17, 2018

**Correction** Typo mistake, Long Range is now 499K yuan , not 399K — Vincent (@vincent13031925) December 18, 2018

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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