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Considering purchasing a Model 3 performance but only one caveat...

oscar-o-c | 2026-03-06 06:09 | 14 views

Hi everyone, I currently own a 2016 Lexus IS that's fully paid off with 87k miles that I purchased in 2020. I enjoy the Lexus but it's certainly not fast by any means nor does it have any modern features. Additionally, it has started to have a ton of issues that have fortunately been covered under extended warranty but that's soon to run out by next October. These repairs would have easily cost me $10k+ if it wasn't for the extended warranty (no joke). Now, Tesla has been my dream car since college, I've always dreamed of owning one because of how simple and minimalistic they are and overall love the aesthetic of these cars. I have seriously been considering purchasing a model 3 performance, however, I work 100% from home and rarely drive during the week. I live in a downtown area so everything I can think of is walking distance. I do however, drive a lot on weekends as an excuse to get out. I guess I'm just wondering if the Tesla is the right move for me now considering all the above. Any input is greatly appreciated.

Comments (30)
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usualteenager 2026-03-06 17:01

Well I don’t think you’d necessarily regret it. I do wish I had went with a Y but they were 70k at the time I got my 3.

Ourcheeseboat 2026-03-06 17:05

Retired person who rarely uses the Tesla except for trips to Maine to our summer house from May to September. It great for those 300 mile round trips, charge to 100% just before we leave. Works great if you have level 2 charger at home. Would I get one if I didn’t have home charging, nope.

Omacrontron 2026-03-06 17:07

Kinda wish I got a Y too but the 3 is fine.

Own_Inspector_285 2026-03-06 17:13

I bought a used one last summer a 2023. I do not regret it one bit. It’s fast and driving is such a pleasure. Just take a test drive.

NationalRelease6482 2026-03-06 17:36

test drive one and decide for yourself!

oscar-o-c 2026-03-06 17:38

Because the Y is bigger?

oscar-o-c 2026-03-06 17:38

I hear this a lot but I live in an area where there is an abundance of superchargers (no joke) is that sufficient?

oscar-o-c 2026-03-06 17:39

I need to test drive first you’re right.

oscar-o-c 2026-03-06 17:39

I will do this soon.

menntu 2026-03-06 17:44

I bought a 2022 M3 last year from a private owner, and I love it. The road noise and tight suspension are the only downers, but I come up with excuses to drive it anywhere I can because it’s just a fun experience. I have a L2 charger at home, very convenient. For business purposes, in another location, I lease a 2018 M3, and it’s perfect. Zero complaints, much smoother ride, and I’m plugging into a standard outlet, only using Superchargers if I suddenly need to bump up the battery quickly. Like many, once you taste the Tesla/EV experience, your dominant thought is that you’ll never go back to ICE vehicles.

bdz 2026-03-06 17:54

Yeah the Y is a bit more comfy. Its taller, easier to get in and out of etc

Omacrontron 2026-03-06 17:54

Yeah, I’m 6’3 and the extra space made a pretty big different.

vassman86 2026-03-06 18:54

Yes but in terms of cost per mile, charging at a Supercharger is equivalent to filling up a tank of gas. You'll pay $40 for a charge (from 20% to 85-90%) that gets you 250mi in the real world, or pay $40-50 for a tank of gas

Glum_Perception_1077 2026-03-06 19:00

Idk, I can see it both ways. You will def enjoy a Tesla, matter what year or model you get. But a caveat of them is the insurance rates. So then you have a note and high ass insurance, idk if i would pick that over being note free. You said you wfh and things are within walking distance, i personally wouldn't feel like i was getting my money's worth out of my Tesla if I only drove it on weekends. Im sure you'll want fsd, which is an extra 100 a month. And then with depreciation it'll be harder to trade out of.

ddorbuck 2026-03-06 19:09

Im on my second tesla model 3, the first was a 2018 rwd that was a great car but living in an area that had snow not having awd was a mistake. So my second tesla and current car is a 2023 model 3 performance. it checks all the boxes with awd and the performance is great but my only regret now is not waiting until HW4 came out so i can take better advantage of the FSD in it. You did mention your lexus was lacking modern features and if you are buying a used performance perhaps look for a 2024 or greater if buying used? anyway if you decide to get one, welcome to the family!

Master-Journalist888 2026-03-06 20:29

Performance is $60k once you add interest, also at least double of the insurance costs. I don’t think it is the right car to buy if you keep your cars for so long and repair costs are so important to you. It is just my opinion

Puzzleheaded-Cup-854 2026-03-06 21:58

It depends on what you're after. You'll pay as much if not slightly more to charge, and charging will take a lot longer than a gas full up. I wanted a tesla badly and did not get one until my garage got a charger. I'm in nyc

Ourcheeseboat 2026-03-06 22:50

Many superchargers around me but I wouldn’t have an Tesla without home charging. Don’t really like sitting around random parking lots waiting for the car to charge.

AlmostLiveRadio 2026-03-07 03:44

Normally, I would advise against buying one without a home charger, but it just might work in your case. Not that you need a performance model, even the slowest Tesla you can buy would probably seem like an F1 car compared to anything you’ve ever driven. If that’s what you want, and you can justify it financially then go for it. It might last for the rest of your life.

HiroyukiC1296 2026-03-07 18:57

How does a $60k car make sense but $10k repairs turn you off?

oscar-o-c 2026-03-07 18:59

Because Tesla has minimal repairs…

oscar-o-c 2026-03-07 19:00

And it’s my dream car and I can afford it…

HiroyukiC1296 2026-03-07 19:08

And what about insurance, registration, cost of repairs in 5 years, and tires? Once you break it all down, you have to consider if the cost is worth as well as all other expenses you have after take-home pay. Plus include all the interest, and monthly costs of up to $1200/month (insurance + monthly) for 60-72 months. Overtime it adds up.

oscar-o-c 2026-03-07 19:12

Chill out I never said money was an issue lmao I have 0 debts, over a year of living expenses saved in HYSA and I max out my Roth every January. My case here is thatI don’t want to spend more money in the future on the Lexus if I no longer enjoy it.

HiroyukiC1296 2026-03-07 19:26

Ok, but I’m just giving you a realistic picture of ownership. It’s not all rainbows and sunshine after all is said and done. It is still a piece of tech with some quirks and features. Yes, it’s fast and efficient, but once something happens to it, it can be serious. And you’re right, there are good things about owning an EV, minimal repairs, but repairs in themselves have been founded to not be very cheap either. Which you have corrected and stated you could afford. But, if you like to go fast, those tires will need to be replaced much more often. And due to the staggered wheel setup and 20” being the only wheel option for the performances can mean you can’t conventionally rotate them as easily as normal cars. So, if you like ripping it and gunning it, can wear very quickly. I know that defeats the purpose of a performance sports car, but it’s realistic to expect. And then there’s FSD if you considered it. Terms and conditions apply.

oscar-o-c 2026-03-07 19:30

I appreciate the realistic perspective of it all, however, I am well aware of it all. My current car is a staggered setup and burns thru tires as well, and I know tires aren’t cheap.

swimrunlift 2026-03-07 20:31

I just want to throw this out there, and I’m new to this subreddit so forgive me if this is common knowledge. I just did a test drive this morning of a Y. It was a self guided test drive. I signed up on the Tesla website for 10:30 this morning, the car was parked at my local mall (Wilmington, NC). You download the Tesla app, and at your appointment time, your phone unlocks the car. I had two hours to learn about the car and drive it around. It was a seriously great experience. That might be a good option for you. (unless you have a dealership near by…). Happy shopping!

Significant-Weight10 2026-03-08 11:31

My opinion is biased. I hate Toyota with a passion and anything they own like Lexus. I’ve owned 2 Lexus and 1 Toyota and my Tesla has by far been more reliable and way more fun to drive. If you can afford it, go for it, don’t wait. Live your dream, you won’t regret it.

oscar-o-c 2026-03-08 15:33

Haha how come you dislike Toyota/lexus?

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