Last week an email popped into our inbox from Tesla announcing that pricing for the Model 3 and Model Y had been updated; and it was going down!
You can now purchase a Model 3 in NSW for RWD for $63,801 drive away as a retail buyer which doesn’t too bad. It’s even better when you include the extra savings ($3,000 government incentive and $4,500 in petrol over five years) which Tesla estimates the final price to be $56,301.
Having the new car price move up and down might concern some fleet buyers when they are trying to estimate the future value of an EV without any data on historical sales. Though based on the strong retail demand so far, and the global pivot towards zero emission vehicles, there’s always going to a market for used Teslas.
It’s also unusual to receive a notification of the price decreasing when everything appears to be costing more thanks to the high levels of inflation. But this is Tesla. And they have succeeded by doing things differently.
For the novated lease buyer that takes regular long drives, the RWD long range version of the Model 3 is now $76,801 drive away which brings it underneath the price threshold for the FBT Exemption.
If you need an SUV, then the Model Y might be the electric vehicle for you. The RWD model is available for $71,801 drive away in NSW which is the only variant that will fall under the FBT Exemption limit for EVs and PHEVs.
In March, Tesla launched the Model Y Performance model which I was lucky enough to driver for a few days. The pricing was $108,031 drive away. After this price alignment, the same vehicle is $107,496 which isn’t a significant change.
