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Tesla Model 3 - RWD $62,700, Long Range $75,700, Performance $88,700 + On-Road Costs @ Tesla

4280

Just noticed a price drop on all models. According to this article, all models are down by $3400.

I mainly posted this deal to ignite another Tesla flame war, although feel free to buy a high yield investment product with it if you wish :D

Tesla Model 3 base prices: RWD $60,900, Long Range $73,900, Performance $86,900
Order fee: $400
Delivery fee: $1,000
State-based on-road cost & stamp duty: variable
State-based EV incentives: variable

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    • Hummana hummana hummmn

  • +1

    Drove one on Sunday. Not a fan of the ultra responsive acceleration. Definitely saves on brake pads, but very different from a standard car. I wish I could have the instant acceleration, but have it decelerate slower.

    • +1

      Isnt there an option to ajust the regen braking?

      • Not on newer models. I'm not sure when it was removed

    • There is a chill mode which reduces the acceleration response, but they removed the reduced braking regeneration option.
      It does take some getting used to but it really doesnt take long before you find its really good and wish every car had it.

    • +1

      I thought the same for the first few days. It disappears quickly, they you realise in ICE cars there is this LOOOOOONNNNNNGGG pause between hitting the accelerator and the car moving faster. EV = instant. And one foot driving is great, how odd is it that in an ICE auto the car takes off by itself if its in gear and you are not touching any pedal. Only realised that once I started driving an EV.

      • Except the ice is better in that sense though. Easier to control granularity of movement with foot on the brake rather than using the accelerator. Especially with the instant torque of an ev

        • Tesla has this too. Has creep, roll and hold options to suit anyone

    • +1

      You can turn off the regen braking entirely so it rolls like a normal car if that suits you better.

      • No you can’t. They removed any options to reduce regen braking years ago

        • i have a 2022 model 3 and you can absolutely set it to roll rather than brake.

          • @gavincato: Thats not what the original question was about, its the one pedal driving and strong regen that you cannot turn off.
            Yes you can turn on roll, or creep so at slow speeds it doesnt come to a complete standstill without using the brake.
            But you cannot turn off regen braking completely, and you cannot reduce it at high speed.

  • Anyone buying an iTesla? I'm sticking with my Manual 2011 Mazda 3 that cost $4,000. Even if I had the money to buy it cash I wouldn't buy it. Happy driving!

  • +1

    Out of curiosity, is the auto summon feature allowed in Australia? It could be handy in big parking in a mall but not sure if very good and legal

    • Allowed but its 5k extra for that

    • enhanced auto pilot including summon / smart summon was gifted for 30 days during christmas / new year. found it more of a party trick but it's available as part of the enhanced auto pilot should you wish to pay for it. not sure if there's been any updates on this around legality https://www.gizmodo.com.au/2022/11/tesla-autopilot-australia…

  • +1

    Another 50% more to go and I'd consider it , would probably still buy a Kia instead

  • +2

    So many other better quality EVs to buy instead of supporting a scumbag CEO. Not sure who's worse.. Gerry or Elon🤔

    • -3

      why is elon a scumbag? what he do to you?

      • +8

        I also say Putin and Hitler are scumbags even though they didn't do anything to me. Anyway, here's a few things mentioned by Piers above:
        Do you mean apart from the obvious antics that reveal he is pro-Russia, white nationalist, promotes dubious COVID/Pelosi/Q-anon conspiracies, accusing that guy in Thailand of being a pedo, the crypto-hawking, banning critics and parody accounts on twitter while promoting it as the last bastion of free speech, and lying about the capabilities of autopilot for the last 7 years or so?

        • -7

          NPC alert…

          • +3

            @hippyhippy: When you don't have a valid argument make sure to make shallow attacks at that person's character. Solid argument technique.

          • @hippyhippy: elon cum guzzler alert…

        • +1

          You conveniently left out the American scumbags that pretty much did the same thing as Putin. What Putin lacks compared to the American scum bags is he didn't have the gall to sanction the International Criminal Court for investigating war crimes in Afghanistan.

          https://www.hrw.org/news/2020/12/14/us-sanctions-internation…

  • +5

    never seen people so keen to become test drivers

  • +1

    Just wait until they are free but Musk gets to send all his lame tweets directly to the screen.

  • +2

    Would love to get an EV but unfortunately 75K for entry level sedan is just atrociously out of reach for the average middle-class/mid-lower-class Australian. If I had that kind of money, I would rather spend it for a home deposit. Guess we're not the target market.

    • +2

      TBH it is within reach. People who drive fancy cars often live in dumps but not always. So many range rover land rovers around. 217k base price.

      • +1

        Lol the amount of nice cars I have seen in front of falling apart weatherboard houses used to surprise me. I think nowadays a lot of people like to drive a nice car and aren’t as worried about what their house looks like.

      • +3

        "Within reach" for the majority of people just means they are able to get a loan to buy it. It doesn't at all mean it's affordable or sensible. There are masses of people who are in over their heads because they've just loaned money for everything and didn't think that interest rates would ever go up.

        • +3

          Yeah, you live in a consumer society. There's some level of irony pointing that out while on a site that drives consumerism.

      • Yeah you’re exactly right. Taking a look around the roads in the city, every second car is a new $60k kitted out ute, every forth car a new Landcruiser ($100k?), then there’s the European cars. Acknowledge there are a fair few nice Kias and Hyundais too, but the proportion of >$60k new cars on the road tells me that people are happy to pay that. I’d drop that kinda money on a next gen vehicle like a Tesla over anything else at that price range. But I don’t spend that much on cars.

    • +1

      That’s why the government is giving a massive tax break to the upper middle class in terms of the FBT exemption. It’ll “trickle down” to the mid-lower class later on in the form of used cars.

      Disclaimer, ordered my EV two weeks ago because of that tax break. It’s stupid but I’m not saying no.

      • What did you order? What income makes it worth while?

        Im interested but still on fence.

        My current cars are 17 yr old 4x4(10-15k)and 7 year old wagon(20k).

        Big jump to 80k Model Y. (Model 3 boot opening too small).

        • +1

          There’s a limit, about $84k (the fuel efficient luxury car tax limit).

          I just went an Atto3. IMO that makes sense for anyone who needs a car, takes the GST and payments are pre-tax so you save at least 30% for anyone over $45k. Just comes down to what the lease itself costs, which for me sucked a bit, I was forced to use my employers exclusive provider for finance which worked out around 9% (but that is still a lot less than 30%).

          Basically, including the lease balloon payment, it’s about $53k over 5 years. That includes rego, maintenance, repairs, insurance, etc. Cost of the car is around $33k then assuming I’d pay that other stuff anyway and since I have solar on my roof the charging costs should be minimal. So it’s a question of whether the car is worth that. For me it’s a yes.

    • -1

      Average Aus income is $1700 per week (true, look it up). You can get a Tesla on a 48month lease for $250 per week…. and after that 48 months you don't have to pay for petrol any more. It's a stretch paying it off, but then it helps your weekly budget after that.

      • Yeah, worth spreadsheeting and working out the path to break even - petrol costs, insurance, interest, etc are all considerations.

      • -2

        I wish it's as simple as that. 48 months (4 years) is almost half of the battery life span before it dies. You are basically paying 70K off over 4 years and then again collecting money over for another 4 years to replace the battery or buy your next electric car (after selling the old Tesla at a huge depreciation). Regardless of the Aussie weekly income, I think that picture do not look that great. I'd rather wait for a trusted Toyota badged electric car so at least I'll get bang for my buck (with Tesla you definitely don't. How do I know? Look at the profit margins they're making. You can't produce something really value for money to your end customers while paying massive dividends to your stock holders on the other hand.)

        • +1

          No, it's not. Don't lie - you're talking about the warranty and making the assumption it will fail at the end of it.

          Chances are it will last much longer - https://ev-lectron.com/blogs/blog/how-long-does-a-tesla-batt…

          Do we also assume a major component will just fail on an ICE car at the end of the warranty period?

          • @ihfree: Justifying electric cars based on the cost is a joke. You can certainly justify them for their acceleration, novelty, environmental friendliness, lack of noise, looks & design aspects but definitely not the cost. Any electric car, at 70K price point, is NOT a bargain and it will NOT save any money even in long run over fossil fuel cars. But it certainly can be a nice to have for someone who likes to have a bit of fun. Nobody buys a Lamborghini and says 'it was a bargain' No. People buy things for different reasons. You can't justify professional Ozbargain community with your lame calculations that buying a Tesla is a bargain. Lol.

            • +1

              @npnp: Oh, that's a big of a change of tact.

              If you're spending a similar amount on an ICE car, then you may be better off with a electric vehicle. It also gets even better once you factor in things like charging with solar power.

              Who said anything about super cars? The Tesla is by no means a Lamborghini or anywhere near it in terms of category.

              A discount is a discount - at the end of the day, if you're buying something anyway, your wallet doesn't care where savings come from.

            • @npnp: This. I failed miserably trying to justify EV based on costs (even with solar panels) compared to my current 50k ICE car, it has similar features if not more than Tesla bar the acceleration fun, and much more convenient taking it on long trips. I assume EV will reach parity at some point but that’ll take years.

              • @alteclan: To their credit, Tesla is actually being honest here and gives a rough price for the potential savings by buying a Tesla over a fossil fuel car over 5 years (something like 5k). Yet, Tesla fan boys are trying to make it look like a lot more than that. Buying 70K car for 5K savings.. that's a big Lol. Don't buy it in the first place and buy a much nicer 40K fossil fuel car and save 30k instantly without having to wait 5 years. How we fall for marketing is amazing.. That's why I have a huge respect for Toyota, trying their best not to cheat and paint a fake picture for something that is simply not. They may be fighting a loosing battle (as everyone on the planet is so fascinated about charging their cars by the side of the road wasting hours of their time typing 'how good EV cars are') but kudos for the battle nonetheless.

            • +1

              @npnp: I bought a VE SSV Redline new for $55k, it used 11L/100km then servicing on top. The RWD Tesla for $62.7k would break even with the Commodore in 18 months.

              So you can't say the Tesla will "NOT save you any money in long run over fossil fuel cars".

            • +1

              @npnp: hey i didn't buy my tesla to save money, but I can play the game.

              What other 100k car does 0-100 in the very low 3 sec mark?

        • Which Tesla dividend are you talking about?

          Tesla are enjoying good their nice margins currently because of the phenomenal R&D they undertook (at great expense) for the last decade or 2.

      • Also, average Australian income is $1006.50 per week. How did no-one pull you up on that one yet?

        • Cos nobody really believes that figure. It includes part time workers.

    • +1

      75k lot of money particularly now with rising cost of living. Also doesnt solve anything, just going to another car clogging the car park we call roads. Just new shiny toy i guess

    • +1

      Not 75K, It's 62K for the entry level model

    • The general gist of your post is right, but to be accurate, the base Model 3 is about $64k D/A +- a bit depending on the state, not $75k.

  • Model Y long range released today.
    533km range.

    • So extra 80 km….( 50km real time).

    • -1

      Going from 450km to 533km, you are expected to pay 12K. Lol

      • You also go from RWD to AWD. Which is a $25-40k upgrade with other manufacturers

        • Not really. Toyota upgrades are really value for money in comparison. Just for comparison Corolla cross GXL FWD to AWD upgrade is only 6K. Nowhere near the amount you're claiming above. Different class vehicle altogether but when you blanket out 'other manufacturers' you probably should specify which other manufacturers you're referring to. Toyota has always been value for money where as Tesla is too expensive to begin with. The manufacturing cost of a Tesla vs a traditional fossil fuel car shouldn't be that different (in fact, it should be cheaper in many ways due to simplicity of drivetrain) but Tesla being Tesla, Tesla fans been oblivious as they are, they could easily put a high price tag.. Funnily enough, now that they feel the pressure from other manufacturers, they are reducing their massive profit margins, yet, fanboys are still very supportive..

          • @npnp: it's awd, a pretty significant increase in power, and extra range.

            I don't think $13k is that bad actually.

            In petrol land to get that increase in power you'd have to step up engine wise, and i reckon that + awd would easily be 13k or more extra.

            • @gavincato: At least in the case of Toyota Corolla cross GXL, FWD to upgrade to AWD it's only 6K. That's amazing value for money when you think about it. Also from base GX range to GXL which will give you heaps of extras is only 4K. With Toyota you know you get the bang for your buck so you don't feel bad about spending the extra. Not the case with Tesla unfortunately. 70K for an electric car isn't funny. When Toyota gets in the game watch how these prices stumbles down rapidly.

              • @npnp: Right, 6k for AWD. You missed the rest of my comment.

                How much extra to make it do 0-100 in 5 secs flat?

                We have a model Y that cost 75k. Don't regret a cent of it.

  • +1

    lithium price more than halved last few month. So Tesla has the room to reduce the price.

  • anyone.know.the long range is on LFP?

  • Wait for few more months. More Chinese EVs are on their way.

    They can't be marked as luxury because of their quality. They have to reduce

  • +1

    Go to China, you can pick up some absolute ICE bargains, being flogged off at huge losses. Tesla has improved production, so has more product to move. Scale means lower costs.

  • +2

    got my MYP a couple of days ago, cant fault the car at all
    Quality is amazing

    • Jealous. Well done

  • +3

    Not considering one until the days when they can be 30k or less

    • 2025

    • I keep saying this car should be around $40K and the Y $50k

      you can see tesla margins are higher than other car manufactures so that tells you they are charging more than others

      • brother billions, till date Tesla have sold every car they have produced and continuing to do so going by the trend.

        Is there a reason they should drop the price that significantly if they are selling the cars at the prices currently advertised? You may see those price drops later this decade as the market gets saturated with more vehicles and Tesla has their next gen car in.

        Something to think about once you've put your business hat and shoes on.

  • +1

    Faced with a massive dilemma at the moment….. SS commodore packed it in and needs a full rebuild. Thinking stroker and blown engine which sets me back 40k, then park it up cos impractical and get a banger for work for 8k. Or get a model 3 performance and only one rego. I know what the financially right thing to do and whilst they're fast, I just can't bear to not be driving a cammed monster around for something I can't even hear.

    • Get an ICE car within your budget, that’s the OzBargain way 😉

      • +1

        Why do we buy Eneloops?

    • +1

      Definitely a hard choice to make, I had a worked SV8 back in the day and it was a lot of fun, but impractical and expensive to run.

      The Model 3 is a great compromise though - blistering speed (faster to 100 than a Gen F GTS), great handling and super low running costs.

      I compromised and bought a Long Range and got the Acceleration Boost for $3k for a total $15k saving vs the M3P. 0-100 in 3.9s and the 19" wheels are more practical on our crappy roads, the 20" Uberturbines are too fragile and give a rough ride.

      • +1

        Thanks appreciate your perspective on this one.

        • No worries 👍

          I'll understand if you just can't give up the V8 though, I still wind down the windows when I hear one at full song go past me haha.

    • I had a 5.7L then a 6L SS Ute, then an old Audi S4 with the 4.2L V8 and I love the sound of a V8, but my M3P just kills them for power. Instant massive torque is really addictive. I cant go back.

      • -2

        You probably would have been happier with 3 x Golf Rs before your M3P, lol. If not a 6cyl turbo BMW M series. They all give you more of that instant torque response you don't get from V8s, while you get some control with gears. Ironic but V8s today have become the engines you need to be keen with gears and revs.
        When your Tesla gets boring, just make sure the boys don't see you yawning behind the wheel… ;-)

  • Only beta male ride electric to save environment. Alpha males run.

    • +2

      Only beta males use the phrases beta and alpha males.

    • What about men that just like really fast sports cars:

      https://youtu.be/DSRWKxytW40

  • +2

    The true limiting factor with EV’s at the moment, is the charging time.
    If it takes no more than a few minutes to fully charge a battery in one of these vehicles, then that will be the death of ICE vehicles as we know it.
    No one will care what the battery will cost in 8, 10, 20 years time because by then, there’ll be battery kits available with better battery technology with greater capacity, efficiency, performance etc.
    We also won’t be talking about getting a few hundred k’s out of one charge, it’ll be more like a few 1000 k’s, all within a few minutes of standing at the charge station. Imagine that!🤔

    • I wish I could upvote you more. Charging time will be a crucial factor for EV development as more and more EV vehicles on the market means more traffic to limited charging infrastructure around. If they don't do something about that quickly, EV will die out as fast as it became popular due to sheer size of wait times vs number of cars on the road. Imagine in busy places with massive ques for charging cars (it's not like the que will dissapear quickly as each car would take at least half an hour to charge). But just like anything else, I'm sure they'll find a workaround. Few years ago, when we used to charge our phones overnight, who would have thought there will be bigger batteries that could be charged in 30 minutes 0 to 80%. If Toyota comes to the party with an electric car, with drastically reduced charging times, that's when I'll be pulling the trigger. As much as I hate the fake hype, I actually like the way Tesla felt when driven.. Really nice car to drive (still not worth the price tag though, that's for sure).

      • With the advancement of both batteries & charging technology in recent times, I don’t think we’re too far away from it happening tbh…and it’s a lot closer than a lot of people would like to think.
        It’s slowly infiltrating the metropolis. I’ve also recently seen charging vans cruising the streets, next we’ll see dudes/dudettes walking around at busy intersections with lithium battery backpacks on & looking to top up EV’s at the traffic lights…tap n charge, off you go!
        We’ve all seen those lithium jump starter batteries, that’s all it takes. So not that long to go…

    • This is true on the length of charge….. Lithium air batteries are being developed that have 4 times the energy density of lithium ion.

    • +2

      Just IMHO charge time is pretty much a non-issue if you can charge at home, as you charge to full every night, and if I am going for an 8 hour drive to Sydney, I just have slightly longer breaks every 3-4 hours, which again for me is a non-issue. Less than 1% of my charges are out of the home.

      If you rely on chargers outside the home for most of your charging, then yes charge speed matters.

  • OMG! I nearly bought it a week ago, i was one click away from the purchase.
    Whew….

    • +2

      The new lower price would have been applied to your order.

    • +2

      Mines getting delivered in two weeks, they passed on the discount 😌

      • I was going to buy using a novated lease because of the FBT benefits, so I am not sure how the doscount would work in my case.

        • +1

          They will create a new invoice for the lease company at the discounted rate

          • +1

            @choofa: And the lease company will keep the savings as profit

    • +1

      Now you have the choice of LR if thinking Y

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