Tesla Model Y exceeds government EV rebate threshold
The long-anticipated Tesla Model Y will finally reach customers from August this year, with a starting price that crosses the threshold for various State rebates.
The base Tesla Model Y starts at $68,900 before on-road shipping costs include GST, with more details available in our pricing and specs story. here.
At first, we thought this was tempting close to the $3000 cashback threshold in Victoria ($68,740 or less), or New South Wales and South Australia ($68,750 or less).
In other words, we think that if Tesla drops the price by just $160, it could save buyers in these three regions $3000 through a government payment. Foolhardy!
But this really doesn’t seem to be the case, as Tesla’s $68,900 price doesn’t include nationwide delivery and ordering fees. With these included, the base car’s subtotal rises to $70,625 excluding on-road costs (local stamp duty, CTP, and registration).
- Tesla Model Y base price: $68,900
- Delivery fee: $1375
- Order fee: $350
- Vehicle subtotal (taxable price): $70.625
The fine print for NSW and Victorian era $3000 rebates must at least state the taxable amount to which the threshold applies consists of transport fee.
“The taxable value of a vehicle is the total amount payable (including GST) for that vehicle, including the cost of delivery, accessories and options for the vehicle… and any fees or charges or any other fees charged by the agent to the buyer,” NSW Government states.
Likewise, the Victorian Government’s Drs and Cs explicitly stipulate that dealer or OEM delivery charges are included in the purchase price to assess eligibility, as the image above shows.
“Any ZEV purchase with a taxable value above $68,740 will not be eligible for the subsidy,” it added.
In other words, it looks like Tesla did not thoughtlessly missed the threshold cut by a few pineapples. We have reached out to Tesla Australia for comment.
THAN: Everything Tesla Model Y
THAN: What incentives are available to electric car buyers across Australia?