Tesla is offering new incentives to help boost Model 3 sales before the end of financial year, thanks to a new $3,000 trade-in bonus on stocked sedans.
In a post on X, the leading EV brand in Australia shared that the new trade-in offer was for a limited time, ending on 30th June 2025.
This means that those interested in buying a stocked Model 3 will receive an additional $3,000 off the price of that car when trading in a used vehicle.
It’s also limited to one trade-in per order and can not be redeemed as a cash offer, meaning it must be applied to the stocked vehicle, hence paying a lower purchase price.
Tesla has had a slow start to Model 3 sales in 2025 so far, with 2,266 sales as of the end of April in comparison to 6,865 over the same period in 2024.
One of the reasons behind higher sales in 2024 was the initial customer orders for the refreshed Model 3s being delivered during the first quarter of the year.
Since then, Tesla averaged over 1,230 units per month over the remaining three quarters for the rest of 2024.
In 2025, Tesla averaged just over 565 sales per month in the first four months of the year, with April seeing just 220 sales for the sedan.
This is likely due to shipping issues during the month and increased stock availability in subsequent months until the end of June, hence the incentives to help boost sales.
May is expected to be a bigger month for the Model 3 sales, and with current discounted prices along with this trade-in offer, it could see even more sales to finish the second quarter.
Speaking of price discounts, Tesla currently has a number of stocked Model 3 vehicles with savings ranging from $3,640 on Performance model vehicles, all the way up to $5,550 on the drive-away price of a Long Range stocked car.
The last stock of previous generation Model Ys that were built in late 2024 and early 2025 are also available in Long Range and Performance trims, with discounts of up to $11,000 on offer.
With the end of the financial year approaching, Tesla and other EV brands are offering big incentives to help move more of their stock.
This is a good thing for consumers looking to get into a newly stocked EV, as it will be cheaper and sooner.
Riz is the founder of carloop based in Melbourne, specialising in Australian EV data, insight reports and trends. He is a mechanical engineer who spent the first 7 years of his career building transport infrastructure before starting carloop. He has a passion for cars, particularly EVs and wants to help reduce transport emissions in Australia. He currently drives a red Tesla Model 3.