Tesla has given the Model 3 sedan a significant price cut right across the range with an entry-level Standard Plus variant now costing buyers just $59,990 before on-road costs.
With the latest price decrease, the Tesla Model 3 Standard Plus is now $14,000 cheaper to buy than it was in 2020 specification before Australia started receiving models manufactured in China.
Likewise, the mid-spec Model 3 Long Range is now $73,400 (before on-roads) and the tip-trim Model 3 Performance is now just $84,900 – representing a $16,025 and $12,525 price drop over the same period.
In addition, NSW and ACT will offer residents a stamp duty exemption to further curb the upfront costs – though the NSW government has put a $78,000 ceiling on its policy and doesn’t come into effect until September 2021.
This means buyers who purchase a Model 3 Standard Plus in NSW could pay around $59,473 driveaway, when stamp duty and the $3,000 rebate are included.
All variants of the Model 3 come standard with Tesla’s huge 15-inch touchscreen sitting in the centre with heated front seats, wireless charging for two phones and a minimalist interior design among the luxury features.
Opting for the Model 3 Long Range or Performance variants adds heating for the rear seats, LED fog lamps, a 14-speaker premium audio system and interior floor mats.
The latest price cut comes as rivals such as the BMW i4 sedan prepare to enter the Australia market later this year with a range of price and performance options.
All prices listed are before on-road costs.
About Chasing cars
Chasing Cars reviews are 100% independent.
Because we are powered by Budget Direct Insurance, we don’t receive advertising or sales revenue from car manufacturers.
We’re truly independent – giving you Australia’s best car reviews.
Tesla boss Elon Musk says Hertz deal not yet official, though Hertz orders another 50,000 cars with Uber
We test five electric cars until they die in an Australian EV range test: Model 3, Kona, Leaf, ZS EV and e-tron tested