Posted 18th Jul
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TESLA has slashed the price of the Model 3 in the UK with prices now starting at £37,340 bringing it closer to the £35,000 entry-level target price.
Prices for the car now start at £37,340 (pricing includes VAT and the £3,500 UK Plug-In Car Grant) bringing it closer to the £35,000 entry-level target cost.
Now, the entry-level car is the Model 3 Rear-Wheel Drive Standard Range Plus which offers a few more features over the standard car.

*** Updated ***
Cash price With estimated fuel saving

Fuel Savings
Electric vehicles are less expensive to fuel than petrol powered vehicles. The average person drives approximately 12,500 miles and spends around £2,200 on petrol per year. In comparison, the cost of electricity to power Model 3 over the same distance is 7 times lower. Over the five year average length of car ownership, that's approximately £9,500 in petrol savings.
We've assumed a fuel economy of 7.4 miles per litre for a comparable petrol powered car. We've also assumed the national average of £0.16 per kilowatt hour for electricity and £1.31 per litre for premium petrol over the next five years.
Electric Vehicle Incentives
Electric cars offer compelling financial incentives for business and personal purchasers. These benefits include the UK Plug-in Car Grant of £3,500, Reduced Employer Class 1A National Insurance Contributions (company cars only), Exemption from London Congestion Charge, London Ultra Low Emission Zone Exemption, Salary sacrifice scheme available to business drivers as well as Significantly Reduced BiK Taxation for Company Car Drivers.
Learn more about electric vehicle incentives.
Tesla, Inc
Your Model 3
Prices for the car now start at £37,340 (pricing includes VAT and the £3,500 UK Plug-In Car Grant) bringing it closer to the £35,000 entry-level target cost.
Now, the entry-level car is the Model 3 Rear-Wheel Drive Standard Range Plus which offers a few more features over the standard car.

*** Updated ***
Cash price With estimated fuel saving

Fuel Savings
Electric vehicles are less expensive to fuel than petrol powered vehicles. The average person drives approximately 12,500 miles and spends around £2,200 on petrol per year. In comparison, the cost of electricity to power Model 3 over the same distance is 7 times lower. Over the five year average length of car ownership, that's approximately £9,500 in petrol savings.
We've assumed a fuel economy of 7.4 miles per litre for a comparable petrol powered car. We've also assumed the national average of £0.16 per kilowatt hour for electricity and £1.31 per litre for premium petrol over the next five years.
Electric Vehicle Incentives
Electric cars offer compelling financial incentives for business and personal purchasers. These benefits include the UK Plug-in Car Grant of £3,500, Reduced Employer Class 1A National Insurance Contributions (company cars only), Exemption from London Congestion Charge, London Ultra Low Emission Zone Exemption, Salary sacrifice scheme available to business drivers as well as Significantly Reduced BiK Taxation for Company Car Drivers.
Learn more about electric vehicle incentives.
Tesla, Inc
Your Model 3
You must be doing 50,000 miles a year to be saving that much or 30,000 with free electricity.
Edit - photo updated to Model 3. I saw my first one in London last week. Looks beautiful in white.
Was quoted 2 to 3 months.
Thanks, that's not too bad.
You would probably go for online weekly shop
Still crazy price, you can buy a great ICE car for less than 20k GBP.
That'll buy you enough fuel to fly Emma Thompson and the other luuvie hypocrites around the world many times.
My quote says August
I took it from news article lol but fixed now
Musk got his maths wrong again in trying to get below the 40k barrier by forgetting to count the delivery charges. Best of 3 maybe?
Yeah, biggest issue with these as with thee original pricing even changing the colour took it into the luxury band!
Tesla UK
You must be doing 50,000 miles a year to be saving that much or 30,000 with free electricity.
That’s why I park my nice car in the middle of two spaces although generally I don’t have time for supermarket shops. They deliver now
In before their “I meant £600”
They might have owned an old 4.2l Jag xj and continuously drive around with bodies in the boot.
And my comment is silly unbelievable and ending a comment with son even more unbelievable.
Only a small handful of US buyers actually got the Model 3 for $35,000 USD.
And, have you checked the USD/GBP exchange rate lately!
They dont just knock £9k off the price, that figure is a estimate of the money you'd save from not paying the london congestion charge over 3 years (this is excempt).
Hi, I can’t see the Estimate payment option on the U.K. site. Can you provide a link or screenshot please.
2 wrongs don’t make a right.
The autopilot is what would sell it to me. Shame about the car tax
goRt wrote:
Plus the “list price car tax” of £320 a year for the 5 years 2 to 6. Musk got his maths wrong again in trying to get below the 40k barrier by forgetting to count the delivery charges. Best of 3 maybe?
Only the white one comes in below £40k is that exempt from the luxury car tax?
I'm making 20-28k miles / year
With free electricity that would be around 10k-12k savings per year.
But electricity is not free.
Has anyone bought a 2nd hand Tesla? Warranty? Service? Reliability?
You should see how much the oil industry is subsidised (cough, crisis in iran)
My petrol car is a second quicker to 60 and is £250 a month cheaper on a PCP. Not *quite* there yet Tesla but getting closer....
Yep but don’t forget just how green electric cars are. If the research money had been put into something different we might not end up paying all the money it has cost only to find in some of our life times we will move to something completely different again which is actually greener.
You can use a referral code which I believe gives you 1000 free miles, so that's worth doing.
The 35k USD is freely available in the US and has been for months. The average USD/GBP exchange rate over the last year is approx 1.3 so STILL 10% more even after VAT AND UK gov £3.5K grant.!
Does 'free' refer to cost or energy?
It's a good price if you're looking at buying one - heat added.