When EVs first started rolling out to the public, they did so with hefty price tags. Many consumers shied away from spending the few extra thousand dollars to go green. However, as with most innovations, a few years later, EVs are far more widely accepted, with better tech, designs, and less sticker shock.

If an EV is on your radar, you’ll want to sit down to do your math. You can find incredible value when you start looking at the cost to buy, cost to own, and fuel economy over the life of your EV. So, before you decide what EV to buy, you should consider the 2022 Tesla Model 3 Long Range. After you run the numbers, you’ll find it’s one of the cheapest EVs you can buy, according to miles of available range.

An overview of the 2022 Tesla Model 3 Long Range

EVs are coming into their own, and the Tesla Model 3 Long Range leads the pack. It’s a sleek, stylish car packed with features and has a range of over 334 miles on a single charge. Yes, the starting price is steep at $55,990, but you get what you pay for with the Model 3 Long Range. For one thing, it comes standard with all-wheel drive, which is a must-have for many drivers. It also has more horsepower than the Chevrolet Bolt EV and can go from 0 to 60 mph in just 4.2 seconds. In other words, the Model 3 Long Range is a true performance car that just happens to be electric.

A better value proposition for an EV than you might think

Sure, an MSRP of $55,990 is not necessarily economy-level pricing. However, with the California Clean Fuel Reward discount and other incentives, that price could go down to roughly $49.440. Tesla says the Model 3 Long Range can reach estimated ranges of 334 miles on a full charge, which shakes out to $148 per mile of range.

When you compare that to the 2022 Chevy Bolt EV, which starts at $31,500, according to Chevrolet, it’s still not a bad deal. With its 259 miles of range and base price, the Bolt translates to $122 per mile of range. Remembering the Tesla Model 3 Long Range comes equipped with all-wheel drive and more luxury and upscale touchpoints, it’s easy to see where your value proposition lies. Add in some of the other available EV incentives, and you could be driving a quasi-luxury sedan for the price of an economy compact car.

The Model 3 is winning some pretty important awards

EVs are no longer the cars of the future–they’re the cars of right now, and the 2022 Tesla Model 3 Long Range is leading the charge. This year, the Tesla Model 3 Long Range was named the Best Sports Sedan of 2022 by U.S. News, and it’s not hard to see why. With a range of over 330 miles on a single charge, the Model 3 Long Range has plenty of electrifying power to get you where you need to go. Additionally, with a top speed of 145 mph, it’s not just efficient–it’s fast. Still, the Model 3 isn’t just about performance. It’s also about style, with a sleek exterior that turns heads. Add in a spacious interior and plenty of high-tech features, and it’s easy to see why the 2022 Tesla Model 3 Long Range deserves an extra look before you make your purchasing decision.

If you’ve decided it’s time to park an EV in your garage, you’ll want to see the 2022 Tesla Model 3 Long Range. It not only looks incredible, but it’s also been tapped as the best sports sedan. So, to sweeten the deal, you’ll love the value when you do the math in cost of ownership and fuel efficiency, too.