This was posted 11 months 6 days ago, and might be an out-dated deal.

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Tesla Model 3 (RWD, White, Existing Inventory) $56,667 Drive Away after Rebate @ Telsa NZ

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Tesla Model 3 (RWD, White, Existing Inventory) $56,667 Drive Away after Rebate @ Telsa NZ
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scott on 18/05/2023 - 12:35 tesla.com (1198 clicks)
Last edited 10/06/2023 - 05:56 by 1 other user

Above price is for Auckland, and based on the assumption you can get it registered before the rebates drop $1500 on 1 July.

Quite cheaper than the likes of the Top spec Atto3, Mazda 6 sedan

Comparable price with the MG ZS LR & MG5 Essence LR, top spec camry etc (given the wait time on the Camry means it will miss out on a rebate).

Model Y white RWD inventory is available at $62,222 (after rebate, assuming Auckland delivery and registration prior to 1 July) But this is the same deal as has been covered prior: (has gone out of stock and back in stock).

https://www.cheapies.nz/node/40455

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closed Comments

  • zmwang on 18/05/2023 - 13:48
    +3

    Thanks OP, ordered one.

    • Jaxson on 18/05/2023 - 15:58

      Get any refer a friend or 2 for the price of 3 codes?

  • CanSerMan on 18/05/2023 - 15:09
    +7

    lol shouldn't this be posted on expensives.com?

    • phillq on 19/05/2023 - 12:53
      +2

      After five years, the total cost by not paying for petrol and servicing costs, you will be better off buying a Tesla Model 3, from then on compared to a brand new Corolla.

  • Hayce Irri on 18/05/2023 - 15:11
    +26

    managed to get the Warehouse to price match, cheers

  • nzmax on 18/05/2023 - 15:17

    I remember the days when you could get 20% off the price of some new car brands by negiotating at the end of a month. .

    • ace310 on 18/05/2023 - 15:36
      +1

      That I think still works if you are buying from a Dealership not from a company directly as dealer has to meet targets.

      • nzmax on 18/05/2023 - 17:56

        That is the issue, many are moving to selling via the manufacturer instead. Means manufacturers can make more by also cutting out the middle man.

        • coach on 18/05/2023 - 19:05

          Why do you want more middle men? Whenever you introduce more people in between the more expensive it gets as everyone wants a cut.

          • nzmax on 18/05/2023 - 19:11

            @coach: It does allow for competition between the different dealers for that particular brand, so the consumer benefits. Instead the manufacturer can get the RRP for it if there is only one entity selling that brand. If you look at manufacturers such as a toaster brand, that sell through retailers but also sell products themselves, they are almost always the same or more than what third party retails sell those same products for. So remove the retailers, and the manufacturer can get more profit, as they don't have to compete with anyone apart from different brands..

            • coach on 18/05/2023 - 21:24
              +1

              @nzmax: You’re right that oftentimes retailers and manufacturers would have the same RRP and that is deliberate as manufacturers will dictate what their products can sell for. By eliminating the retailer, the cost savings can be passed on to consumers either by providing lower prices in the case of Tesla, extra bonuses, like Apple giving gift cards or Samsung adding buds or watches or just plain better support, like Bose providing 90-day trials. How well retailers can compete on a specific product is limited by their wholesale price, which is dictated by the manufacturer regardless. No retailer can sustainably provide the same product for cheaper than the wholesale price unless it’s subsidised through margins on other products.

          • chunder on 18/05/2023 - 21:00

            @coach: lol no. When you cut out the middle men you rarely get products at a cheaper price, you just end up with the manufacturer getting more profit, as this expands and retailers (or dealerships in this case) fail due to thinner and thinner margins, you reduce the competition driving up prices, sometimes creating things like duopolys… which you may be familiar with when you look at our supermarkets.

            • coach on 18/05/2023 - 21:39

              @chunder: Where do you think the retailers get their products from? A Honda dealership will get their cars from Honda directly at a wholesale price, adding their margin and sell it to consumers. If you eliminate the dealership, sure Honda could pocket the difference, but they are also bound to market forces and competitors. They could lower their prices, making it more attractive and gaining market share or provide a better product or service for brand loyalty.

              • bisky on 18/05/2023 - 22:19
                +1

                @coach: @coach is pretty bang on the textbook with his description.

              • nzmax on 18/05/2023 - 23:27

                @coach: That is true, except when the company has a far superior product that everyone wants and no other manufacturer can make, so they can name their price and have waiting lists. Or like Apple, who make the only products in the iOS ecosystem which many are hooked into.Guessing that is partly why iphones rarely get discounted, but android phones like Samsung flagships often get substantial discounts. eg I got over 50% off a year old samsung flagship . But for your average product, yes you are right.

        • phillq on 19/05/2023 - 12:54

          Other than Tesla, who else are moving to direct manufacturer sales?

          • nzmax on 19/05/2023 - 16:14

            @phillq: Toyota did several years ago, although still have outlets, but you are still buyign directly from Toyota so you can't negioate price. Think Honda are similar. Apparently it does protect the resale value of the car too. Toyota make some of the most reliable cars historically, so have a good rep and there is a waiting list to get a RAV 4 for example

            • ace310 on 19/05/2023 - 16:31

              @nzmax: No doubt on reliability for Toyota. I own one as well, but that's not the reason RAV 4 is on the waiting list for almost an year. It's just due to manufacturing issues.

  • shijo046 on 18/05/2023 - 15:40
    +2

    Coupon code BOGOF23 for get 2 for 1
    Coupon code ELONMUSKSHOUTS for 20% off and free shipping
    Can try price match with Mighty Ape.

    But yeah I'm just happy to get Warehouse to price match some chocolate from Cheapies :P

    • Jaxson on 18/05/2023 - 18:49
      +1

      Not as good as the 2 for price of 3 deal last month

  • Nythic on 18/05/2023 - 15:41
    +2

    Bought 5. Will sell them on Facebook as unwanted gift.

  • ross on 18/05/2023 - 16:17

    Tried my luck with mitre10. They said they couldn't it because it has to be the same color. They only have black. Would've been able to get it for 15% less.

  • Rand0m on 18/05/2023 - 16:34
    +3

    Do you think they'll swap for my wife's 2005 Honda Jazz with cash my way?

    • Jaxson on 18/05/2023 - 16:48
      +1

      Only if it's the RS version

      • Banto on 18/05/2023 - 17:22
        +1

        Get some stripe stickers and call it RS. Usually that how Honda and Toyota does it.

  • lNomNoml on 18/05/2023 - 19:38
    +1

    I tried to find coupons with Honey but there were none :(

  • cloud0115 on 18/05/2023 - 23:37

    Why aren't 2nd hand Tesla cars on Trademe cheaper (say 20% or 25% discount) for a 2022 model?

    Why would anyone buy these 2nd hand cars if new car price like this one is better?

    • codyc1515 on 19/05/2023 - 07:29

      This is part of the issue with the volatility of new car prices. You can be “underwater” quicker than expect by a price drop like this. Hardly gives you confidence if you don’t have any what your vehicle will be worth 5 years from now.

    • ace310 on 19/05/2023 - 08:07

      Another reason is tesla prices have dropped by few thousands since 2022 and people are asking based on what they paid and not based on current market rate. Also demand was much higher in 2022 as there was waiting time to get one. Now it's much easier to get.

    • scott on 19/05/2023 - 10:29

      Agree there is little value in a 2022 used model 3. Cheapest on trademe is asking $53,000 ONO. Given you can get new model 3 for $56,667 after rebate.

      Some points to consider:
      - Some used cars have cost options selected. The $53,000 one is for example has the $1700 Midnight Silver Metallic paint.
      - They often include some accessories (mats, roof sunshades etc.)
      - New Tesla's have a wait time (but it is short at the moment), Even the inventory cars are often actually still in transit to NZ. Used car you can drive away in the same day…
      - Cars often sell for less than their asking price. if that car asking $53k sells for $50k, that is a full 10% less than a new car, and would be reasonable buying (especially if one wanted the color and accessories). They days of cars losing a quarter of their value when you drive off the lot are long gone.

      Also I think a lot of used car sellers are not keeping pace with the rapidly changing used car market, and are overpricing their cars.

      For Tesla's in particular, wait times used to be long, some time's up to a year. Few used Model 3's ended up on the market, and those that did often asked for new car prices, or more. (as there was value in the reduced wait time). Tesla was not the only brand impacted. Wait times on many popular models from various brands were the norm, Brought on by the pandemic (and microchip factory fires) hitting new car production, at the same time as cashed-up people had money burning a hole in their pocket due to limited international travel & Hospitality spending.

      A year ago, there was a massive rush on EV, thanks to the oil price spike from Russia invading Ukraine, spiking the price of basically all used EV's. Tesla upped the price of the new model 3 given this situation.

      For Tesla the turning point was the Model Y orders opening. Overnight, the number of model 3's on trademe went from less than 5 to 20+.

      In recent months, despite the ongoing war in Ukraine, fuel prices have dropped a lot. And those with the ability to build EV's have been cranking them out as fast as they can for over a year.

      Currently there are 89 model 3's on trademe.

      Most of the people who ordered EV's in the pandemic buying surge, or the Ukrane invasion oil price surge have got their cars now. The release of the Atto3, and facelifted MG ZS EV (and big delivery volumes), mean New Zealand EV buyers have more choice than ever before. Used imports of leaf's from japan have returned to normal. 2019 / 2020 company lease EV's (particually Kona & Ioniq) are coming off lease, and being sold used. And of course Private individuals upgrading from Leaf's to Atto 3 / MG ZS EV / Tesla have added a lot of supply to the used leaf market.

      A year ago, my leaf would have been worth around $13,000. Now around $8000 - $9000

      Wait times on many new EV's have dropped. For Tesla it is under two months (basically just build & delivery time). And tesla has obviously been building a heap of cars to ship to NZ and sell as inventory cars.

      Tesla has also had three price cuts this year (and one hike, but that was just $500). Means somebody selling a 2022 car, could well need to mentally get their head around that a new car is now worth nearly $10k less than they paid, and depreciation on top of that.

      • cloud0115 on 19/05/2023 - 11:09

        Appreciate your comment very much. Good insight. I, some how still rely on my belief of 25% magic discount for a 1 year old car. (Bargin hunting)

        • scott on 19/05/2023 - 12:23

          The pandemic has somewhat changed the game. Suddenly new cars are actually good value compared to used cars (in popular market segments).

          Something desirable with a long wait-list like a rav4 hybrid, or Jimny will sell for pritty much it's new price even if it is a year old.

          For somebody who wants such a car, buying a new one, taking delivery, then ordering another new one for a delivery in a years time absolutely makes sense these days. When your new car turns up, sell the year old one to some sucker who is in a hurry, for close to new price, and get brand new tire, wiper blades, latest updates etc.

          Of course this can't go on for ever, and we are just starting to see deal coming back to the new car marketplace.

          • nzmax on 19/05/2023 - 16:17

            @scott: I understand that is partly due to the chip shortage. Guessing at some point it will go back to a more normal state. Guessing at some point very few will want a petrol car, even second hand one, and it will go the way of the CRT TV

            • scott on 19/05/2023 - 16:25

              @nzmax: Yes, the chip shortage was a factor. Along with the following:
              - Pandemic restrictions (and shipping havoc) impacting the production of new cars.
              - Pandemic making public transport less attractive
              - Pandemic meaning cashed up people couldn't holiday overseas, go to movies or eat out for many month's, meaning a lot of cashed up people had unexpected money on hand.

              Used market is already starting to return to normal especially for EV now the Ukraine invasion price spike has abated.

              For tesla model 3's, I think it will just take a bit of time for sellers that have had their car on the market for a while to realize the market has shifted and they need to drop the price to sell.

      • squareeyes on 21/05/2023 - 08:27

        Also. Contrary to what people FUD, very little goes wrong with a Tesla (including the battery). Apart from the odd rattle (which is common with new cars and fixable), they require hardly any maintenance. To purchase a used Tesla with 50,000 kms on the clock is almost like purchasing a new car. The battery is 90% after 250,000kms or something. No expensive service schedule with major milestone maintenance like an ice.

  • SloBurn on 19/05/2023 - 07:23

    "cheapies"
    chortle.

    • nzmax on 19/05/2023 - 16:15

      I guess it is all relative. A car is often the second biggest purchase someone buys after a house. Don't think there will be any houses listed on cheapies. LOL

  • Member on 23/05/2023 - 13:46

    Has anyone done the calculation buying a 1.6L average car for $20,000 and take the difference in a brand new Tesla, leaving that fund sit in a term deposit account accumulating interest and drip feeding from that account to cover maintenance? Yes, EV cars save a lot of expenses but the initial upfront capital is the killer.

    • scott on 23/05/2023 - 23:11
      +2

      I can do them now.

      Lets run a $19,990+ORC MG Auto Core (1.5L) against the $56,667 Model 3 in this post. (lets use $500 for the MG ORC). $36,200 difference in purchase price

      MG3 Auto core is rated at 6.7L/100km. Lets say $2.10/L. = $14.07/100km

      Model 3 is would get around 17kWh/100km. Lets say 20c/kWh = $3.4/100km.

      For simplicity lets assume the cheaper maintenance of the model 3 balances out with it's higher insurance costs.

      Model 3 is $10.67 /100km cheaper to fuel. Even at zero cost of capital the car's won't break even in total cost until 339,000km.

      Considering cost of capital, $36200 in a term deposit at 6% is worth $2172 a year. 1/3rd to tax, leaves $1448. Enough to pay for the first 13,570km per year of running cost, before one even starts to claw back capital cost.

      So yeah, It is going to be a cheaper total cost of ownership to run the petrol MG3 hatchback, unless one is doing epic mileages. But of course, the Tesla is a much nicer car.

      Two big assumptions in the above:
      -that RUC's don't get put back on EV's in the near future. At current rates it would be cheaper to fuel an aqua than to charge and pay RUC's for an EV.
      -that amounts of public charging is minimal. at 80c/kWh it's quadrupedal the price of power at my home.

      • BartS on 25/05/2023 - 07:50

        You forgot 1 major point.
        You don't have to run the full 339k to break even. Even when you run 80k in 4 years the tesla will be significantly more in value when you would sell the vehicle. The next purchaser will make similar calculations and pay well for a economical car.
        Also the tesla will have significantly less maintenance cost and less parts with potential need to replace.

        Also when you drive 15k a year and you take a connect free energy hours between 9 and 12 plan than your electricity cost will be 0 with the occasional very long trip you might make and have to charge somewhere.

        Anyway, the actual actual cost of electric cars is WAY higher for us if they would tax electricity the same as petrol and if they would apply RUC as you mentioned and if they would not give these ridiculous "clean" car discounts. But as long as that's the case and we as a nation continue with the C02 relegion, then for an individual the electric car will be more economical with the current prices, discounts and costs.

        • scott on 25/05/2023 - 22:37

          Somewhat challenging to predict future depreciation, so I avoided it by just running the model to break even. All the depreciation gets shared around the various owners over the vehicles life regardless.

          I made the crude assumption that higher maintenance costs of the petrol hatchback would balance with the higher insurance costs of the Tesla for simplicity. Not quite sure how that would work out in the real world.

          On electricity cost's, note that those free hours plans come with higher rates at other times, so only really work out if you can absolutely hammer the free hours. Felt 20c was fair as a typical cheaper power price. I pay about 18c. But yeah, for somebody already on a free hours plan, the marginal cost of the extra 20kWh or so they could put into an EV during those hours would be zero.

          On road tax for EV's.

          • Taxing power used to charge EV's is unworkable I think, given they can be charged from any power outlet, I would be just too much effort to insist and enforce that people only charger from their metered car charging port…

          • RUC's - Rate after 1 June is $7.6/100km. Issue with just putting this back onto EV's is that modern efficient non plug in hybrids get a sweet deal under the current system. A Yaris hybrid at 3.4L/100km would pay about $3 in road taxes. This would act strongly as an incentive non plug in hybrids over EV's… As such the RUC system needs reworked (remove petrol tax, RUC on all vehicles? Special EV RUC rate?) before it gets put back on EV's.

  • Member on 24/05/2023 - 14:23

    Thanks, Scott for the figures, if that is the case its a no brainer to drive a MG Auto Core and use the $1448 from interest paid by bank to service the MG Auto Core and use some for the petrol, rego and insurance? I'm pretty sure most people that drives Tesla has loan against their car?

    • AleBeerenhoff on 24/05/2023 - 14:49

      I suppose people don't necessarily always purchase cars (or anything for that matter) with ROI in mind. Some peoples choices will be vanity, others eco warriors, some maybe hype/fanboys, performance, gadgets, or maybe others may simply just "like it". But yeah purely from a numbers game things don't always stack up and make sense :)

      • scott on 25/05/2023 - 22:39

        Yip, For a buyer who wants a 220kW+ brand new car, the model 3 is hands down going to give the lowest cost of ownership.

        However for the buyer who just wants the cheapest running they can get, a $10k or less prius / aqua / fielder hybrid / Leaf is going to beat the Tesla every time.

    • ace310 on 28/05/2023 - 12:15

      I feel it's a wrong comparison. You need to atleast consider sedan vs sedan comparison. Not a small hatchback (MG Auto Core) to a sedan(Tesla M3). Upfront cost will always be better for a small hatchback. So any other calculations are irrelevant in that case.

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