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Tesla drops prices in Australia: Model 3 sedan and Model Y SUV slashed

Tesla Australia has trimmed prices six months after its most recent round of increases – and customers who have already placed an order are in line for the savings.

US electric-car specialist Tesla has trimmed the prices of the Model 3 sedan and Model Y SUV in Australia six months after their latest round of increases – and customers who are already in the queue are in line for the savings.

Prices for Tesla cars in Australia have been reduced by between $1600 and $3907 depending on the model, however the delivery fee has increased $25 to $1400 and the ordering fee has increased $50 to $400.

Tesla still does not include Luxury Car Tax on the dearer models that it applies to, even though it is widespread industry practice to include LCT in the RRP.

A list of the price changes was published on social media earlier today (pictured below).

In addition, Drive has updated its data tables that show price movements on the Tesla Model 3 sedan and Tesla Model Y SUV since their introduction in Australia, though we have included Luxury Car Tax on applicable vehicles.s now

According to Tesla customers on social media, it appears buyers who have already placed an order at higher prices will be given the new, lower price – rather than being forced to cancel their order and go to the back of the queue to secure the discount.

As reported yesterday, new-car sales figures for 2022 published by the Federal Chamber of Automotive Industries show Tesla continued to dominate the electric vehicle market in Australia last year, accounting for three out of every five vehicles sold in the category.

And the Tesla Model 3 ended the Toyota Camry’s 28-year winning streak as Australia’s top-selling mid-size sedan.

2023 Tesla Model 3 Australian pricing including Luxury Car Tax (where applicable) but excluding on-road costs and order fees

  • Model 3 Rear-Wheel Drive – $63,900 (down $1600)
  • Model 3 Long Range AWD – $76,900 (down $3202 as it now falls under the Luxury Car Tax threshold)
  • Model 3 Performance AWD – $91,396 (down $3907 when calculated with Luxury Car Tax)

2023 Tesla Model Y Australian pricing including Luxury Car Tax (where applicable) but excluding on-road costs and order fees

  • Model Y Rear-Wheel Drive – $68,900 (down $3400)
  • Model Y Performance AWD – $97,895 (down $3717 when calculated with Luxury Car Tax)

Tesla Model 3 price changes in Australia

Price change months (RRPs exclude on-road costs) Tesla Model 3 RWD Tesla Model 3 Long Range AWD Tesla Model 3 Performance AWD
May 2019 (orders open) $66,000 Not available $88,104
July 2019 (launch) $66,000 $87,842 (incl. LCT) $98,624
December 2019 $67,900 (no change) $89,469 (incl. LCT) $99,869 (up 6.4 per cent)
July 2020 $73,900 (up 8.8 per cent) $91,613 (up 2.4 per cent) $102,013 (up 2.1 per cent)
October 2020 $66,900 (down 9.5 per cent) $83,425 (down 8.9 per cent) $92,425 (down 9.4 per cent)
April 2021 $62,900 (down 6.0 per cent) $78,458 (down 6.0 per cent) $94,058 (up 1.8 per cent)
July 2021 $59,900 (down 4.8 per cent) $73,400 (down 6.4 per cent) $86,472 (down 9.7 per cent)
Early March 2022 $60,900 (up 1.7 per cent) $73,200 (down 0.3 per cent, December 2021) $86,472 (unchanged)
15 March 2022 $63,900 (up 4.9 per cent) $76,200 (up 4.1 per cent) $91,672 (up 6.0 per cent)
17 June 2022 $65,500 (up 2.5 per cent) $80,102 (up 5.1 per cent) $95,276 (up 3.9 per cent)
6 January 2023 $63,900 (down 2.4 per cent) $76,900 (down 4.0 per cent) $91,396 (down 4.1 per cent)

Tesla Model Y price changes in Australia

Price change months (RRPs exclude on-road costs) Tesla Model Y RWD Tesla Model Y Performance AWD
10 June 2022 (orders open) $68,900 $93,900 (excl. LCT), $98,600 (incl. LCT)
17 June 2022 (one week after launch) $72,300 (up 4.9 per cent) $96,700 (excl. LCT), $101,612 (incl. LCT, up 3.0 per cent)
6 January 2023 $68,900 (down 4.7 per cent) $94,900 (excl. LCT), $97,895 (incl. LCT, down 3.7 per cent)

Prices listed above include Luxury Car Tax (where applicable) because it is industry practice to include LCT, however Tesla excludes it from its base price. The RRPs listed above also exclude Tesla’s $1375 delivery fee and $350 ordering fee ($150 prior to December 2021), and exclude on-roads costs such as stamp duty, registration, and compulsory third-party insurance. From 6 January 2023, Tesla’s delivery fee increased to $1400 and the ordering fee increased to $400. Sources: RJ Pound, Redbook and Tesla. Data compiled by Drive.com.au data centre, Joshua Dowling and Alex Misoyannis.

The post Tesla drops prices in Australia: Model 3 sedan and Model Y SUV slashed appeared first on Drive.

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