[adsfgiodsnrio]

This is a pretty weird headline. Why single out one car at random, and not even the car with the most impressive discount? Even after these rebates the Model 3 is still kind of pricey. The Chevy Bolt goes for $11,500 if the customer can claim the full rebate, which is a ridiculously low price for any new car.

[theluketaylor]

Bolt has been discontinued, so it's not a great example vehicle.

Model 3 is the best selling EV. Camry has been the best selling sedan in the US for decades. Pretty reasonable comparison (despite the size difference. Model 3 is more Corolla size).

[adsfgiodsnrio]

>Bolt has been discontinued, so it's not a great example vehicle.

No, it will be discontinued. That's not the same.

No surprise; Chevy dislikes making good cars.

[theluketaylor]

They have already closed the book on dealer orders. It's dead.

[adsfgiodsnrio]

Not as far as I can tell. My dealer is still getting them in.

[theluketaylor]

Dealers are still getting deliveries. They can’t ask for new allocations, which is what the order book is. GM will keep manufacturing them until the end of the year but if a dealer doesn’t already have allocations coming in they won’t be able to get one for a customer.

[ESTheComposer]

Because the Camry is a pretty classic example of a car that goes forever and maintains its value. If someone wanted to replace their sedan for an electric one, the Model 3 is the closest bang for their buck they can get, and is also one of the top (right behind the Model Y) EVs in the US.

Granted the Model S is the real Sedan counterpart to the Camry, but I think it's interesting that a Camry is now at the point where it's more expensive than a Tesla. That was unimaginable to me years ago.

[iancmceachern]

Because the Camry is the best selling car (sedan) in America, and has been for a long time

[AnishLaddha]

what? The bolt is like ~27k for a base model, and then you get like 10k max from the government bringing you to 17k?

where is the last 5-6k coming from?

[ericpauley]

FTA: The CA+US credits total 15k max.

27k-15k =12k ~ 11.5k.

[McSwag]

the CA rebate depends on which income bracket you fall within.

[saltcured]

I didn't know the details so just looked it up. Sharing here for others who don't know...

The federal credit seems to have a single income threshold to get full credit or no credit at $150k single/$300k married. There is a base CA rebate at $135k single/$200k married.

But there is a lower threshold to get what they refer to as the "increased" $7.5k rebate. This is set by household income rather than simply single or married filing status. The household income threshold is around $54k/$73k/$92k/$111k for households of 1/2/3/4 persons and this included roommates sharing an address.

It seems to me that these limits exclude most Californians who are typically going to be buying new cars, whether Corolla or Model 3. Or is the used car market still so broken that they don't really have choices?