> At $38,990, the base Model 3 sedan now costs $8,700 less than the average amount paid for a car or truck in the US. Not sure why Jalopnik would compare the M

> At $38,990, the base Model 3 sedan now costs $8,700 less than the average amount paid for a car or truck in the US. Not sure why Jalopnik would compare the Model 3 prices to a "segment" including cars and trucks. Perhaps because the actual average price for a new mid size sedan in October 2023 is actually $32,400... > The starting price for a Model Y SUV is $3,700 below the average auto price of roughly $48,000 The average price for a new Crossover SUV in October 2023 is $35,700. I think it's highly disingenous to compare against "all cars and trucks", not against segment. Now the Model S is almost at the average in its segment, starting at $74,900 versus $73,536 for the "luxury car" segment (I don't actually agree that the Model S is a luxury car, more 'high end', but we'll go with it. Source: KBB via https://clark.com/cars/average-new-car-price/ https://clark.com/cars/average-new-car-price/