2023 Tesla Model 3 and Model Y prices rise in Australia

17/06/2022 09:27

Australia’s best-selling electric car – and its just-released SUV twin – have risen in price by up to $3902 after Luxury Car Tax, with wait times still between nine and 12 months. Prices of the 2023 Tesla Model 3 and Model Y electric cars have increased in Australia by up to $3902 (after Luxury Car Tax) – just a week after the latter went on sale in Australia. Coinciding with a price increase in the US overnight, the Model 3 sedan and Model Y mid-size SUV are now between $1600 and $3902, depending on the variant – a week after orders open for the latter, or three months after the last price rise for the former. While the entry-level Model 3 still qualifies for government subsidies in NSW and Victoria, its new RRP of $65,500 plus on-road costs is $5600 higher than it was four months ago, an increase of 9.3 per cent. The prices of the base and mid-spec Long Range variants – the latter of which now attracts Luxury Car Tax – of the Model 3 are the highest they’ve been since March 2021, while the Performance’s new price is the highest since September 2020. Meanwhile, the base rear-wheel-drive Model Y’s $3400 price hike pushes it north of $70,000 plus on-road costs for the first time, while the Performance crosses $100,000 with Luxury Car Tax included, to $101,612 plus on-road costs. Wait times have not changed to coincide with the price rises, with the Model 3 and Model Y both listing February to May 2023 delivery windows for new orders – or nine to 12 months. Standard feature levels also look to be unchanged, as do the prices of colour, wheel and trim options. As reported, a new $5100 Enhanced Autopilot option was added on Friday morning, one rung below the $10,100 Full Self-Driving package. Drive understands prices are locked in when a buyer places their order – however, they will be exposed to the price increases if they choose a different model variant (for example, swap from a Model 3 Performance to a Long Range). It’s believed changes made to colour and wheels will not affect the locked-in price of the base vehicle, rather increasing the price only by the cost of the new option selected. The 2023 Tesla Model 3 and Model Y are available to order now. 2023 Tesla Model 3 Australian pricing Model 3 Rear-Wheel Drive – $65,500 (up $1600)Model 3 Long Range AWD – $80,102 (up $3902, after Luxury Car Tax)Model 3 Performance AWD – $95,276 (up $3604, after Luxury Car Tax) 2023 Tesla Model Y Australian pricing Model Y Rear-Wheel Drive – $72,300 (up $3400)Model Y Performance AWD – $101,612 (up $3212, after Luxury Car Tax) Tesla Model 3 price changes in Australia Price change months (RRPs exclude on-road costs)Tesla Model 3 RWDTesla Model 3 Long Range AWDTesla Model 3 Performance AWDMay 2019 (orders open)$66,000Not available$88,104July 2019 (launch)$66,000$87,842 (incl. LCT)$98,624December 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) Prices listed above are RRPs excluding Tesla’s $1375 delivery fee and $350 ordering fee (previously $150 prior to December 2021), and on-roads costs such as stamp duty, registration, and compulsory third-party insurance. Sources: RJ Pound, Redbook and Tesla. Data compiled by Joshua Dowling and Alex Misoyannis. The post 2023 Tesla Model 3 and Model Y prices rise in Australia appeared first on Drive.