Skip to content
downlyCompare cars

2026 Ford Mustang Mach-E Select vs 2026 Tesla Model 3 Long Range

At a fair price, the 2026 Tesla Model 3 Long Range costs less — about $39,858. Both hold their value about the same over three years. All in — the value it loses plus what it costs to run — the 2026 Tesla Model 3 Long Range works out cheaper to own, about $18,858 over three years. Whichever you lean toward, start a fund now and your down payment will be ready when you are.
The price to buy it
$40,807
$39,858Better
What a fair price could save you
$2,193Better
$2,142
What it may be worth in 3 years
$23,650
$23,100

The value it loses plus what it costs to run — the cheaper car to buy isn't always the cheaper car to own.

Over 3 years
$19,257
$18,858Better
A mile
53¢
52¢Better
Not sure yet? Start a fund either way

You don't have to decide today. Save a little each week and your car fund keeps growing — pick the car when you're ready and the down payment is already there.

Start my car fundHave the Downly app? Open it here
Rather keep your cash?

Buying either one means a big payment up front — around $8,161 for the 2026 Ford Mustang Mach-E Select or $7,972 for the 2026 Tesla Model 3 Long Range. Leasing can let you keep that money working for you instead of handing it to the dealer. See your monthly and how much cash you'd keep — lease vs buy, side by side.

For the 2026 Tesla Model 3 Long Range: About $25,478 in all over the 3-year lease. Buying, about $49,066 in all over the 5-year loan.
That's about $8,493 a year leasing — vs about $9,813 a year financing.
See lease vs buy for the 2026 Tesla Model 3 Long Range
Is the 2026 Ford Mustang Mach-E Select or the 2026 Tesla Model 3 Long Range cheaper to buy?

At a fair price the 2026 Tesla Model 3 Long Range costs less — about $39,858, versus $40,807 for the 2026 Ford Mustang Mach-E Select.

Which one holds its value better?

They're close — both keep about 55% of their value after three years.

Which one is cheaper to own overall?

Looking at the whole picture — the value it loses plus what it costs to run — the 2026 Tesla Model 3 Long Range costs less to own over three years, about $18,858 (roughly 52¢ a mile), versus $19,257 for the 2026 Ford Mustang Mach-E Select. The cheaper car to buy isn't always the cheaper car to own. A national-average guide, not a quote.

How much should I save for either one?

A common starting point is about 20% up front — that's roughly $8,161 for the 2026 Ford Mustang Mach-E Select or $7,972 for the 2026 Tesla Model 3 Long Range. Start a fund and it keeps growing while you decide.

Should I lease one of these instead of buying?

It's worth a look if you'd rather keep your cash. Buying either one means a big payment up front — around $8,161 for the 2026 Ford Mustang Mach-E Select or $7,972 for the 2026 Tesla Model 3 Long Range. Leasing usually skips most of that, so that money stays yours instead of going to the dealer — Downly suggests putting $0 down on a lease. See lease vs buy for either car to compare the monthly and how much cash you'd keep.

2026 Ford Mustang Mach-E Select money guide
2026 Tesla Model 3 Long Range money guide
2026 Ford Mustang Mach-E Select vs 2026 Hyundai Ioniq 5 SE
2026 Ford Mustang Mach-E Select vs 2026 Hyundai Ioniq 6 SE
2026 Ford Mustang Mach-E Select vs 2026 Toyota bZ4X XLE
2026 Tesla Model 3 Long Range vs 2026 Volkswagen ID.4 Pro