fb

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

According to one Twitter user, he managed to bag a brand new base Tesla Model 3 for under $14,000 before taxes and fees by simply using multiple discounts.

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

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

Edited by Kate Bain
Guy bags himself a brand new Tesla Model 3 for less than $14,000

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…

READ MORE! Tesla Cybertruck buyers may have to wait up to five years to get their truck

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.

You might be interested in

Related Articles

Florida resort partners with Aston Martin to offer guests chance to drive world's fastest SUV
McLaren P1 successor tipped to cost close to $2 million
Newest US Marines helicopter conducts air-to-air refueling while transporting F-35
Everything we know so far about Ferrari's first all-electric model
Skoda unveils futuristic electric single-seater concept for Gran Turismo
Pininfarina reveals four Bruce Wayne-inspired special edition hypercars
The Tesla Cybertruck won't rust despite rumors - an engineer explains why
Tesla unveils plans to take the Cybertruck all across Europe