The least expensive Model 3 in Germany is 57.900 EUR with 540km (wltp cycle) of range – part of this is that they've only been exporting the high margin long-range AWD models. The more expensive "First Edition" id.3 will have approx 425km of range for 35.000 > x < 40.000EUR. Even taking the top end of that range, it seems the $:km ratio is in favour of the VW. If the First Edition battery is equal in size to the yet-to-be-released 58kWh battery, it seems the efficiency is at least comparable to the M3 as well.
Plus, you probably get a better interior. Certainly a better built one…
Plus, you probably get a better interior. Certainly a better built one…