What's Tesla Model 3 Lowest Drive Away Price?

My question is what's the historical Drive away price for Tesla model 3.

The current cheapest brand new inventory drive away price is $55045 (minus $350 referral would be $54676.25, somehow a little more than $350).

Now we also have other incentives like FSD transfer, and $3000 trade in bonus.

Not counting demo, what's the historical low for Tesla Model (Brand new/Brand new inventory).

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Comments

  • -2

    but why?

    • Want to know when to pull the trigger.

        • cost of living doesnt impact everybody the same way

        • For example?

          • +1

            @Edyolo: Toyota Camry

            • -5

              @dcep: @30year old Camry

            • +2

              @dcep: Well Model 3 is the new Camry. So can't really blame OP.

            • -2

              @dcep: My brother’s 2022 Camry SL demo = $58000 drive away. And now Toyota Nunawading is offering $30K trade in.

              Better than my 2021 Tesla Model 3 for $60+K, and now trade in Tesla for 25K.

              Toyota sales literally say Camry non SL will need 6-9 month waiting time.

              • +1

                @Edyolo: 2022 Camry SL was $52,000 drive-away brand new.

                https://www.redbook.com.au/cars/details/2022-toyota-camry-sl…

                https://www.carexpert.com.au/car-reviews/2022-toyota-camry-r…

                $30k trade in value looks low unless it's done heaps of KMs. redbook trade in guide $31,700 - $38,100. private sale guide $37,900 - $44,300. Super low depreciation. Downside of driving one is everyone will think you're an Uber driver unless you're a Boomer.

                Difference with Tesla Model 3 is that facelifted Model 3 Highland is much improved- looks and suspension, so the old one dropped heaps. I must admit $25k for a 4yo Model 3 is good value for a buyer.

                • +1

                  @JimB: Yep. Older (non Highland) Model 3 is just rough, a really hard riding car. Nothing like Camry.

                  I owned a Model 3 Highland, fantastic car, smooth comfortable ride.

              • @Edyolo: Why would you trade in a camry after 3 years if it's so reliable?

      • -2

        I’ll let you know

        • +1

          I’ll hold you to that

      • +2

        Honestly, you're WAY better off buying a near-new used Model 3. But reading further down, it seems you've already considered that option.

      • -1

        Ask Mr Google
        He knows everything!

  • +4

    Isn't the current price the cheapest ever? Elon has been slashing prices, not raising them, to remain competitive with the Chinese EV onslaught.

  • +1

    My question is what's the historical Drive away price for Tesla model 3

    It’s the cheapest it’s ever been since May last year. Here’s an infogram of historical prices for each trim in Australia:

    https://infogram.com/1p1xpv9pqzlvqqamxwzpkl56mmc63wj7r0e

    The current cheapest brand new inventory drive away price is $55045

    Don’t think that’s right. The current price of the Model 3 RWD trim starts at $54,900 before on road costs. You sure your price includes on road costs?

    • Yeah 55045 includes everything including stamp duty, registration, CTP, Slimline license plate. So included $3276.25 on the road.

    • It's the inventory stock. Including $4950 discount.

      • Ah ok. So what’s the difference between inventory stock and buying brand new?

        • +1

          Inventory = brand new sitting in garage possibly for months.

          • +1

            @Edyolo: Or cancelled orders

          • -4

            @Edyolo: i remember watching 7news youtube showing fleet of brand new unsold Teslas sitting at open lot under the sun.

    • Is there a inforgam for Model Y as well?

  • @OP - Not counting demo .. Why not ? People who claim they have 2-3% drop in battery wont even know when driving. Price > Everything Else. Having said that focus on newer models with whatever discount you can get. A 10k discount is more than enough to keep u happy for next couple of years regardless of tech change

    • +2

      Not guaranteed availability, comes and go all the time. The demo condition specified by Tesla can allow scratches upto 7.5 cm, and wheel scratches upto 15cm. 4mm minimum in Tyre. Allowed to have rockchips (not even specified how big they are).

      So demo have pretty big variance and low stock, which is not very good for price conparison. I want to compare apple to apple as close as possible.

    • +1

      Last time I saw a demo with 5000KM for $50K including on the road. By the time I got my novated lease approved (2 days), it's gone.

  • +2

    Have you thought about buying used? Depreciation has been a killer on the Model 3 but the underlying tech behind the current and previous Model 3 is basically the same. I'd rather have that money in my pocket than Elons.

    • +1

      Planning to novate lease. Did some math, and both options seems to be about the same cost.

      Let’s say Demo, $50K (including on the road) less $3000 trade in bonus less $5000 gst = 42K, which also includes 1 year of rego. Mid 2022 Model 3 (only Mid 2022 and newer is FBT Tax exempt) is going around 36K (including Stamp duty + transfer fee + rwc + 1 year of rego) used with less odometer.

      So not much diff tbh.

  • There is no way of predicting what the price will be tomorrow. They have been shown ro drop the price with zero notice.

  • +1

    The reason the referral discount decreases the price by slightly more than its value is that the $350 is taken off the car price. There are then taxes such as stamp duty which are a percentage of the car price so those taxes decrease too.

  • It's currently the lowest it's ever been ($54,900 plus order fee, delivery fee and on-road costs). If you buy from inventory ($4950 discount), trade in ($3k bonus) and lease/finance ($3k bonus) then the driveaway cost drops below $50k in Victoria (which I assume is where you're based given your indicated figure of $55,045).

    • +1

      This is not correct. The $3000 lease/finance incentive does not apply to Model 3.

      • +1

        My apologies, you're correct.

  • Hasn't it dropped some $15k over the last 2 years? Highly likely to drop another few k more.

    • Hasn't it dropped some $15k over the last 2 years?

      Not quite. 2 years ago (Sept 2023) the base price for the Model 3 RWD trim was $61,900. Now (and since May 2024) it's $54,900, so $7k down from exactly 2 years ago.

      But also, in July 2021 (4 years ago), it was $59,900, so it's gone up and down. In 4 years, its net change has been $5k down.

      Source

  • -6

    It'll keep dropping, so probably worth waiting.

    That being said, not sure why you'd go for Tesla when others like BYD offer much better features for the price.

    • +2

      BYD offer much better features

      This is relative to what type of features you are referring to! Autonomous driving / FSD Tesla wins hands down…

    • BYD offer much better features for the price

      Highly subjective - strongly depends on which features are important to you.

    • +2

      The price is surprisingly similar now. Base BYD Seal is $50412 Drive away. Tesla M3 is $55045, less $350 referral $54676. I verified with Tesla I can trade in any car with registration, and still get the $3000 trade in bonus. This makes Tesla about $2k to 3k more expensive.

      BYD Seal have WLTP of 460, but Tesla Model 3 have 520, 13% better range. Tesla also have much faster acceleration at 6.1 seconds 0 to 100KM, while BYD is 7.5 seconds.

      I feels like you are paying 5% less to get 15% less in value tbh.

      And this is not even counting demo from Tesla, which can be even cheaper.

      Don't know why BYD don't sell inventory and Demo.

      • +2

        BYD Seal have WLTP of 460, but Tesla Model 3 have 520, 13% better range. Tesla also have much faster acceleration at 6.1 seconds 0 to 100KM, while BYD is 7.5 seconds.

        All true, but the numbers aren't going to quantify drive feel, comfort, dynamics, etc.

        Do yourself a favor, if you haven’t already: test drive the Seal. If you’re anything like me, it’ll make you feel much more confident about choosing the Tesla.

        I can’t speak for other BYD Models, but as someone who did their due diligence (unlike some Ozb armchair critics), the comparison between the Model 3 and Seal is night and day.

        • Which one is day, and which one is night?

          • +2

            @Edyolo: My bad, thought I made it clear with this: "If you’re anything like me, it’ll make you feel much more confident about choosing the Tesla".

            In my opinion, the Model 3 was better in almost every way. But like I said, go give it a try yourself. Don't take my (or anyone else's) word for it.

            I ultimately bought the Model 3 about a year ago, and it's been great.

            • @mboy: Are those replacement indicator stalks available for fitment to stalk-less Model 3's yet? That's the one thing that would put me off a Highland model at this point.

              Thanks for the feedback on the Seal's driving dynamics - I've been meaning to take one for a test drive for comparison's sake. They're a very nice looking car, but it's pretty hard to beat the Model 3 as a well-rounded, efficient package.

              • @klaw81:

                Are those replacement indicator stalks available for fitment to stalk-less Model 3's yet? That's the one thing that would put me off a Highland model at this point.

                It's being offered in China, but not yet in Australia. It may be coming, but there's no indication (EDIT: no pun intended) of that yet.

                I've had a bit of an interesting journey with the lack of indicator stalks actually. When I bought the car, I thought that I would acclimatise quickly to the indicator buttons, and I mostly did, except for some edge cases like when the steering wheel was inverted (usually something that happens in carparks), which I found annoying. Also, even in the first 2-3 months of ownership, I'd find myself occasionally forgetting which button was left and which was right, causing me to glance down, and that gave me a bit of regret, since obviously that was never a problem with stalks.

                I'm glad to say, however, that after the 6-month mark, I completely acclimatised to the buttons. I wouldn't go back to stalks personally, unless retrofits were offered for free, but even then I'd probably continue using the buttons anyway because they feel completely natural now. Having said that, I wouldn't have guessed it would have taken me ~6 months to get there, so your trepidation is somewhat warranted.

  • +1

    I have seen some used ones are around 25k in carsales, like with 60000 km etc

    • +2

      needs to be >July 2022 to be of value to most of us here

      • any major upgrade after that date ?

        • +4

          eligible for FBT free novated leasing. also roughly correlates to when it became China-built and not USA (much better QC)

        • You really want the 2024 Highland update.

          Looks so much better, much improved suspension, slightly better range.

          Only downside is they got rid of the indicator stalks.

          • +1

            @JimB: newer and better ofc is nicer. but at ~$30k for a 2022.
            I'd take one of them on a NL over a China brand product (even the MG4) which are going to be similarly priced new.

  • -5

    Amazes me that people would even consider a Tesla in this day and age. Mind boggling tbh.

    • +6

      Buying a car is not a political act, for the average person. It makes perfect sense to buy the best tool for the job.

    • Why?

      • His politics has infiltrated his small mind, Musk is living in there too, rent free.

        • -1

          There are freaks out there with so much political hate they'd shot someone for disagreeing with them, I can't imagine what they would do to someones car when the owner isnt around.

          Teslas are a target for those extremist. I'd rather buy a non contraversal car.

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