Tesla Model Y bargains! Up to $8000 cut from electric SUV pricing in run-out sale as BYD Sealion 7, Xpeng G6 and Kia EV5 competitor awaits upgraded model
By Samuel Irvine · 22 Jan 2025
Tesla is swinging the sales axe on its outgoing Model Y ahead of the updated model's release in May, offering discounts of up to $8000.Final pricing and stock availability will depend on which state you live in, as well as the additional features you add to your Model Y. Tesla's before on-road costs pricing factors in delivery costs and order fees.As a general rule in each state, though, at least $4000 has been wiped off the entry-level Rear-Wheel Drive’s starting price, $7000 off the mid-spec Long-Range All-Wheel Drive and $8000 off of the top-spec Performance.If you live in Queensland, you can snag the cheapest deal of all at $53,700, before on-road costs, for a Rear-Wheel Drive. That equates to a drive-away price of $55,475.That compares to $55,700, before on-road costs, for the cheapest option in Victoria, which gets a drive-away price of $59,544. It does add larger 20-inch Induction wheels, though.As standard, the Rear-Wheel Drive variant comes with a 60kWh lithium-ion phosphate battery pack that delivers 445km of WLTP-rated driving range and a single rear axle-mounted electric motor that delivers 220kW of power.Stepping up to the Long Range All-Wheel Drive version, this time it's South Australians who get the best deal. SA residents can snag a mid-spec Model Y for $64,300, before on-road costs, with a drive-away price of $68,171.The same car will cost you $69,437 drive-away in Australia’s next cheapest state – Queensland.In return, buyers get 533km of WLTP-rated driving range thanks to a larger 81kWh nickel-manganese-cobalt (NMC) battery pack. All-wheel drive is also standard thanks to an additional front axle-mounted electric motor.The range-topping Model Y Performance is in far more limited numbers than the rest of the range, with only Victoria, Tasmania and South Australia showing available stock.A blanket $80,400, before on-road costs, price tag exists across all three states, but the cheapest drive-away pricing is found in Tasmania at $84,673.South Australia is priced at $84,915, while Victoria is the most expensive at $85,287.The Performance carries the same 81kWh NMC battery pack as the Long Range, but delivers an extra 127kW/150Nm for a total output of 413kW/660Nm.Its zero to 100km/h sprint time is clocked at a staggering 3.6 seconds, while its WLTP-rated range drops back to 514km.All Model Ys will be covered by a four-year/limited kilometre warranty, while the battery and drive unit are covered by an eight-year/192,000km warranty.Interested buyers should contact their nearest Tesla dealer quickly as the deal is only scheduled to run while stocks last.The updated Model Y will arrive in Australia in May under a special ‘Launch Edition’ variant.It gets a design refresh, additional technology and comfort features, as well as a steeper price tag of at least $7500 and $3500 over the current Rear-Wheel Drive and Long Range All-Wheel Drive variants, respectively.