Tesla Model 3 Prices in the UK
Tesla Model 3 prices in the UK range from £40,000-55,000 for new vehicles depending on trim level, battery capacity, and optional features, with used Model 3 prices ranging from £25,000-45,000 depending on age, mileage, and condition. Understanding Tesla Model 3 pricing, financing options, and running costs helps buyers make informed decisions about electric vehicle ownership and investment. From entry-level Standard Range to high-performance Performance trim, UK Tesla Model 3 buyers have numerous options for electric vehicle ownership.
🔋 Tesla Model 3 represents premium electric vehicle option providing advanced technology, impressive performance, and environmental benefits that appeal to environmentally conscious drivers and technology enthusiasts. Evaluating whether new or used Model 3 provides best value, understanding financing options and running costs, and knowing when to buy helps optimize Tesla Model 3 purchase while managing costs and maximizing benefits.
How Much is a Tesla Model 3 in the UK?
New Tesla Model 3 Standard Range: £40,000-45,000 for entry-level Model 3 with standard range battery and basic features. Standard Range Plus costs £42,000-47,000, Long Range costs £48,000-53,000, and Performance costs £52,000-58,000 for new Tesla Model 3 vehicles. Includes government grant and basic warranty.
Used Tesla Model 3 (1-2 years old): £35,000-45,000 for recent Model 3 vehicles with low mileage and good condition. Standard Range costs £32,000-40,000, Long Range costs £38,000-48,000, and Performance costs £45,000-55,000 for used Tesla Model 3 vehicles. Includes remaining warranty and good condition.
Used Tesla Model 3 (3-5 years old): £25,000-38,000 for older Model 3 vehicles with moderate mileage and wear. Standard Range costs £25,000-32,000, Long Range costs £30,000-38,000, and Performance costs £35,000-45,000 for older Tesla Model 3 vehicles. Includes potential warranty expiration and higher mileage.
Financing Options: £400-900 monthly for Tesla Model 3 financing including hire purchase, personal contract purchase, and leasing options. HP payments cost £600-1,100 monthly, PCP payments cost £400-800 monthly, and leasing costs £450-850 monthly for Tesla Model 3 financing. Includes deposit and interest charges.
Running Costs: £50-150 monthly for Tesla Model 3 running costs including charging, insurance, and maintenance. Charging costs range £30-80 monthly, insurance costs £80-200 monthly, and maintenance costs £20-50 monthly for Tesla Model 3 ownership. Electric vehicles typically have lower running costs than petrol vehicles.
Government Grants and Incentives: £1,500-2,500 in government grants and incentives for new electric vehicles including plug-in car grant and home charger grant. Plug-in car grant provides £1,500 discount, home charger grant provides £350 discount, and company car tax benefits provide additional savings for business users. Government incentives reduce effective purchase costs.
For example, new Tesla Model 3 Long Range at £50,000 with government grant totals £48,500, while used Model 3 at £35,000 provides more affordable entry point. Monthly financing at £600 totals £21,600 over three years for ownership costs.
Real-World Examples:
Tesla Showroom in London: New Model 3 Standard Range from £42,000, Long Range from £50,000, Performance from £55,000. Official Tesla dealership with comprehensive sales service, test drives, and delivery options for London area.
AutoTrader in Manchester: Used Model 3 (2 years old) from £38,000, Long Range (3 years old) from £35,000, Performance (1 year old) from £48,000. Leading UK car marketplace with extensive Tesla Model 3 listings and dealer network for Manchester region.
Motors.co.uk in Birmingham: Used Model 3 Standard Range from £32,000, Long Range (2 years old) from £40,000, Performance (3 years old) from £42,000. Comprehensive car listings with dealer network and financing options for Birmingham area.
Arnold Clark in Edinburgh: Used Model 3 inventory from £30,000 for older models, £38,000 for recent models, £45,000 for low-mileage models. Major UK dealer group with used Tesla Model 3 stock and trade-in services for Edinburgh region.
CarGurus in Glasgow: Used Model 3 (4 years old) from £28,000, Long Range (3 years old) from £33,000, Performance (2 years old) from £46,000. Car marketplace with price comparison and dealer ratings for Glasgow area.
Factors that Affect Tesla Model 3 Prices in the UK
🔋 Battery Capacity and Range
Standard Range models cost £40,000-45,000 with 250+ miles range, while Long Range models cost £48,000-53,000 with 350+ miles range. Battery capacity directly affects vehicle price and driving range, with larger batteries commanding premium prices. Range requirements significantly affect Model 3 selection and pricing.
⚡ Trim Level and Performance
Standard Range costs £40,000-45,000, while Performance trim costs £52,000-58,000 with enhanced acceleration and features. Trim level directly affects vehicle performance, features, and pricing. Performance models command premium prices for enhanced driving experience and technology.
📊 Age and Mileage
New Model 3 costs £40,000-58,000, while used 1-2 year old models cost £35,000-45,000, and 3-5 year old models cost £25,000-38,000. Age and mileage significantly affect used vehicle prices, with newer low-mileage vehicles commanding premium prices. Depreciation affects Model 3 values over time.
🎯 Optional Features and Upgrades
Base Model 3 includes standard features, while optional upgrades including Full Self-Driving, premium interior, and enhanced autopilot add £5,000-15,000 to purchase price. Optional features enhance vehicle capability but increase costs. Feature selection significantly affects Model 3 pricing and total ownership costs.
💰 Market Demand and Availability
High demand periods may command premium prices, while increased availability may provide better deals. Seasonal factors and market conditions affect Model 3 pricing and availability. Market dynamics significantly impact purchase prices and negotiation opportunities.
How to Save Money on Tesla Model 3 in the UK
🔄 Consider Used Models
Used Model 3 vehicles cost £25,000-45,000 compared to new models costing £40,000-58,000, saving £10,000-20,000 on purchase price. Used vehicles provide significant savings while maintaining Tesla technology and benefits. Used Model 3 purchases can save £15,000-30,000 on initial costs.
💰 Explore Financing Options
Comparing financing options including HP, PCP, and leasing may provide £50-200 monthly savings on payment plans. Different financing structures offer varying benefits and costs. Financing comparison can save £1,800-7,200 over finance term on Tesla Model 3 purchases.
🎁 Take Advantage of Government Grants
Government grants including plug-in car grant provide £1,500-2,500 discount on new electric vehicles, reducing effective purchase costs. Home charger grants provide additional savings for charging infrastructure. Government incentives can save £2,000-3,500 on Tesla Model 3 purchases and ownership.
📅 Time Your Purchase
Buying during promotional periods or end-of-quarter sales may provide £1,000-3,000 discounts or incentives. Market timing and promotional offers can affect purchase prices. Strategic timing can save £2,000-5,000 on Tesla Model 3 purchases.
🔍 Compare Multiple Dealers
Different dealers may offer varying prices and financing options, with comparison shopping potentially saving £500-2,000 on purchase price. Online and physical dealers may have different pricing structures. Dealer comparison can save £1,000-3,000 on Tesla Model 3 purchases.
FAQs
How much does a Tesla Model 3 cost in the UK?
New Tesla Model 3 costs £40,000-58,000 depending on trim level, with Standard Range costing £40,000-45,000, Long Range costing £48,000-53,000, and Performance costing £52,000-58,000. Used Model 3 vehicles cost £25,000-45,000 depending on age and condition. Prices include government grants where applicable.
What is the difference between Tesla Model 3 trim levels?
Standard Range costs £40,000-45,000 with 250+ miles range, Long Range costs £48,000-53,000 with 350+ miles range, and Performance costs £52,000-58,000 with enhanced acceleration and features. Trim levels differ in battery capacity, driving range, performance, and features. Choose based on driving needs and budget requirements.
How much does it cost to run a Tesla Model 3 in the UK?
Running costs range from £50-150 monthly including charging costs of £30-80 monthly, insurance costs of £80-200 monthly, and maintenance costs of £20-50 monthly. Electric vehicles typically have lower running costs than petrol vehicles, with charging costs significantly lower than fuel costs. Running costs vary by usage and charging habits.
Is it better to buy new or used Tesla Model 3?
Used Model 3 vehicles cost £25,000-45,000 compared to new models costing £40,000-58,000, saving £10,000-20,000 on purchase price. Used vehicles provide significant savings while maintaining Tesla technology and benefits. New vehicles offer latest features and full warranty, while used vehicles provide better value for money.
How can I save money on Tesla Model 3 purchase?
Consider used models, explore financing options, take advantage of government grants, time your purchase, and compare multiple dealers. These strategies can save £15,000-35,000 on Tesla Model 3 purchases. Used vehicles and government grants provide largest savings opportunities for Tesla Model 3 buyers.
Conclusion
Tesla Model 3 prices in the UK range from £25,000-58,000 depending on trim level, age, and condition, providing premium electric vehicle option with advanced technology and environmental benefits. Strategic purchase planning—considering used models, exploring financing options, taking advantage of government grants, timing purchases, and comparing dealers—saves £15,000-35,000 while ensuring optimal electric vehicle ownership experience. Tesla Model 3 provides impressive performance and technology, making it popular choice for electric vehicle buyers. Compare Tesla Model 3 costs with other electric vehicles like car values, car finance, or car servicing when planning vehicle ownership costs. With proper planning and strategic purchasing, Tesla Model 3 ownership can be managed effectively ensuring premium electric vehicle experience without excessive financial burden. 🔋
 |
Alan Frost |
| Grew up in and live in Birmingham. Writer, publisher, editor, EFL teacher, composer. |
