Man reveals how he bought new Tesla Model 3 for less than $14,000 using loopholes

Published on Jul 24, 2023 at 7:44 PM (UTC+4)
by Adam Gray

Last updated on Aug 17, 2023 at 5:26 PM (UTC+4)
Edited by Kate Bain

If this story’s true – and there’s no reason to believe it isn’t – then this guy got the deal of the century.

According to one Twitter user, he managed to purchase a brand new Tesla Model 3 for less than $15,000 before taxes and fees.

How’s that even possible? Here’s how he managed it…

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The customer, known as Zohar on Twitter, says he acquired a base Model 3 with white interior from inventory.

To kick things off, he received a $4,120 discount off the sticker price of $37,120.

Most people would be happy with that, but Zohar went on to receive further discounts.

He was eligible for multiple incentives totalling a staggering $23,000.

These came via the Clean Vehicle Rebate Project, Central Coast Community Energy’s Electrify Your Ride program, and Monterey Bay Air Resources District Electric Vehicle Incentive Program, along with a federal tax credit.

Apparently, Zohar qualified for increased rebates under each program due to his low-income status.

That’s not all, though, as he also used a referral discount of $500 to knock down the price.

Going some quick maths, all the discounts brought the final vehicle price to $13,620 before taxes and fees.

That means the total cost of the Tesla Model 3 after taxes and delivery fees amounted to just $18,525.93, which is an absolute steal.

The base Model 3 starts at $40,240 and qualifies for a $7,500 credit, along with all other versions of the vehicle, as of last month.

That might be shortlived, though, as Tesla’s already started warning potential customers on its website that the tax credit may be reduced starting next year.

The Model 3, Tesla’s most affordable EV, was first produced six years ago this month.

In the latest second quarter, Tesla delivered 446,915 Model 3 and Y vehicles, accounting for a whopping majority of its 466,140 total deliveries worldwide.

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Adam Gray is an experienced freelance motoring journalist and content creator based in the United Kingdom. Using his media accreditation with manufacturers’ press offices, Adam test drives the latest cars and attends new vehicle press launches, producing written reviews and news pieces for a variety of lifestyle and business publications. Here at Supercar Blondie, Adam applies his journalistic skills penning social-first content around current news and trends. When he’s not behind the wheel of the latest car or writing up another viral story, Adam can be found at his local rink playing ice hockey or at the Riverside Stadium supporting his beloved Middlesbrough FC.