BaseRate
Current Australian Electric range

Tesla Model 3

Compare 3 published Model 3 choices, new versus used and select a finance term that suits your budget.

New Model 3 finance estimate$252–$374 / week*
$54,900 RRP reference · about $252/week
Compare variants ↓
  • Access to 60+ asset-finance lenders
  • Online application when ready
  • Lender criteria apply

*Illustrative estimate across the published Tesla RRP range, at 7.99% p.a. over five years with a $1,000 deposit, no balloon and excluding lender fees. RRP excludes on-road costs. Finance estimate only; lending criteria apply.

Pricing and specifications checked 8 August 2026 against Tesla Australia Model 3 configurator.

2026 Tesla Model 3
3variants
Electricpowertrain
5seats
Model decision guide

Is the Tesla Model 3 the right fit?

Model 3 buyers currently choose between the lower-priced Premium RWD, the range-focused Premium Long Range RWD and the materially faster Performance AWD. Long Range is rear-wheel drive in the current Australian range.

Swipe through the decision points

Best suited to

  • Electric sedan commuters with home charging
  • High-kilometre drivers prioritising WLTP range
  • Performance buyers willing to fund higher tyres and insurance

Check before choosing

  • Whether 520km or 750km WLTP range better matches actual travel
  • Rear-wheel drive versus Performance all-wheel drive
  • Insurance and replacement-tyre costs before financing Performance

Compare with

  • BYD Seal for a conventional indicator stalk and broader equipment approach
  • Hyundai IONIQ 6 for an efficiency-focused electric sedan
  • Tesla Model Y when hatch access and family cargo space matter more

Choose your variant

Swipe to compare 3 featured variants

Selected variant

Premium Rear-Wheel Drive

Energy use
18kWh/100km · generic estimate

Exact derivative identity reviewed against Tesla Australia.

Compare vehicles

How does the Model 3 compare?

Compare price, weekly repayment, practicality, warranty and safety.

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Right vehicle · search 58 cars
Right variant · closest price selected
Popular comparisons
2026 Tesla Model 3 Premium Rear-Wheel DriveYour Model 3
Tesla Model 3

Premium Rear-Wheel Drive

$54,900Battery-electric rear-motor drivetrain · 5 seats
Price reference$54,900 RRP$52,990 drive-away
Weekly estimate$252$243
Fuel / powertrainBattery-electric rear-motor drivetrain230kW single electric motor, rear-wheel drive
Body typeSedanSedan
Seats5 seats5 seats
Warranty5 years/unlimited km; battery and drive unit 8 years/160,000 kmNot available
ANCAP safety5-star ANCAP (2025)Not available
2026 BYD Seal PremiumCompare with
BYD Seal

Premium

$52,990Sedan · 230kW single electric motor, rear-wheel drive

Each derivative’s price basis is shown. RRP and indicative prices exclude on-road costs; drive-away references include them. Repayments use your selected finance settings.

Estimate Model 3 repayment ↓
Finance studio

Shape the Premium Rear-Wheel Drive around your budgetPersonalise your Model 3 repayment

Start at a $1,000 deposit and five years. Every result updates from the selected derivative.

Estimated weekly repayment$252/week$53,900 financed
Published RRP reference · Premium Rear-Wheel Drive$54,900

Only accessories accepted by the lender may be financeable. Loan-to-value limits and lender criteria apply.

Adjust this illustrative rate to test affordability. Your actual rate may be higher or lower and depends on the lender, vehicle and your circumstances.

Finance input notes

Only accessories accepted by the lender may be financeable. Loan-to-value limits and lender criteria apply. Adjust this illustrative rate to test affordability. Your actual rate may be higher or lower and depends on the lender, vehicle and your circumstances.

Estimated weekly repayment$252 / week
Vehicle plus accessories
$54,900
Estimated amount financed
$53,900
Indicative annual income guide
From $40,000 p.a.
Term
5 years
Illustrative rate
7.99% p.a.
Balloon
$0

Finance estimate only. Fees, accessory eligibility, lender criteria and individual circumstances can change the result. The income guide assumes the repayment is no more than 35% of gross income. This is not an offer, serviceability assessment or approval.

Your selections will be carried into the finance journey.Compare new versus used
Estimated cost to own

Finance is one cost. Ownership is the full picture.

BaseRate provides the finance estimate only. Every other figure is an indicative weekly ownership allowance and is paid separately.

Estimated weekly ownership total$369/week
Estimated driving distance15,000 km/yearUsed for the energy estimate below.
Your electricity-price assumption$0.35/kWhChange this to match your local charging price.
BaseRate finance estimateCalculated from the inputs above$252/week
Electricity52kWh/week at 18kWh/100km generic estimate$18/week
InsuranceIndicative vehicle-value allowance$46/week
Servicing & maintenanceIndicative weekly allowance$19/week
TyresBased on your annual kilometres$13/week
RegistrationWA private estimate · refine at the bottom$21/week
Estimated weekly total$369/week

Only the finance repayment is provided by BaseRate. Energy, insurance, servicing, maintenance, tyres and registration are indicative estimates and are not included in the finance repayment.

Finance pathway

How will you use this Model 3 Premium Rear-Wheel Drive?

$54,900 is the vehicle-price starting point. Purpose determines the first finance pathway; security and evidence come next.

Mainly personal use

Secured consumer finance is the usual starting point

The Tesla Model 3 Premium Rear-Wheel Drive and the applicant are assessed together. Price, deposit, term, credit conduct and affordability can all change the available structure.

  • Vehicle usually supports the loan
  • Consumer assessment and protections apply where relevant

Mainly business use

Compare the commercial ownership structure

A chattel mortgage, finance lease or hire purchase can place ownership and end-of-term obligations differently. Low doc describes evidence—not the product.

  • Predominant business purpose matters
  • Confirm ownership, evidence, balloon or residual

These are starting pathways, not product recommendations or approval indications. Unsecured finance may also be relevant when a vehicle is not accepted as security.

Compare loan types Estimate repayment
New, used and ATO indicative depreciation

Would new or three-year-old suit you better?

The same ATO benchmark informs the used-price illustration and the depreciation curve. It does not claim to predict Model 3 market resale value.

Buy new · Premium Rear-Wheel Drive$54,900$252/week estimated finance
  • Current published Tesla RRP reference
  • Full new-car warranty
  • Current model specification
or
Illustrative three-year-old equivalent$25,700$116/week estimated finance
  • Lower indicative purchase price
  • Exact kilometres and condition matter
  • Used finance options available
ATO indicative value after three years$25,70046.88% of the selected published price reference using the eight-year effective-life benchmark.
What changes the real resultAge, kilometres and conditionSpecification, market demand, service history and location may also materially change actual resale value.
ATO indicative depreciation

Indicative value versus loan balance

ATO indicative valueLoan balance
Year 5: $15,443 indicative value · $0 loan balanceBased on the ATO eight-year effective-life residual benchmark. This is an indicative benchmark, not a resale valuation. Depreciation varies with vehicle age, kilometres, condition, specification and market demand.
Ownership essentials

Model 3 ownership at a glance

Compare the facts that matter when you plan to keep, tow with and service your vehicle.

Warranty5 years/unlimited km; battery and drive unit 8 years/160,000 km
Service intervalCondition-based maintenance; no annual service requirement
Towing capacityNot published
ANCAP5-star ANCAP (2025)
Buyer questions

Tesla Model 3 finance FAQs

Clear answers about repayment assumptions, deposits, accessories and the information lenders may need.

Can I finance a Tesla or other electric vehicle through BaseRate?

Yes. BaseRate can arrange finance for Tesla Model Y, Tesla Model 3 and other EVs including BYD, Hyundai, MG, Zeekr and more. EV finance works the same way as any car loan. Some lenders offer preferential rates for EVs. Rates and eligibility depend on the lender, your profile, the vehicle and the loan structure. Government stamp duty concessions may also apply in some states, check your state government website for current EV incentives.

How much are Tesla Model 3 repayments per week in Australia?

For a 2026 Tesla Model 3 RWD at $59,900 with a $10,000 deposit over 5 years using BaseRate’s 7.99% p.a. illustrative interest rate, estimated repayments are around $233 per week. For the Long Range AWD at $68,900, the estimate is around $276 per week. These examples exclude lender fees and are not finance offers. Use the calculator to adjust the assumptions.

Can I get a better Tesla finance rate if I have good credit?

Possibly. Credit profile can affect eligibility and pricing, but it is not the only input. The lender can also consider affordability, loan amount, term, LVR, vehicle and product rules. Compare the personalised interest rate, comparison rate, fees and total repayments rather than assuming a strong score guarantees the minimum advertised rate.

What is the difference between an interest rate and a comparison rate for Tesla finance?

The interest rate is the percentage applied to the loan balance. A comparison rate combines the interest rate with ascertainable credit fees and charges for a stated loan amount and term. It helps compare similarly structured offers, but it does not include every possible cost and is not a personalised total-cost figure. BaseRate’s generic 7.99% p.a. examples exclude lender-specific fees, so an applicable comparison rate can only be shown with a specific finance option. Compare the interest rate, comparison rate, fees, total repayments and terms.

Can I use a trade-in instead of a cash deposit?

A trade-in can reduce the amount you need to finance in the same way as a cash deposit. The usable amount is the trade-in value less any finance still owing on that vehicle. The final loan structure remains subject to valuation, lender criteria and credit assessment.

Estimated cost to own

Annual registration estimate

Registration is not one national flat fee. Select where the Tesla Model 3 Premium Rear-Wheel Drive will be registered and we’ll apply that jurisdiction’s current renewal method.

Refine vehicle assumptions

Model pages use a representative vehicle until an exact derivative is selected. Check the compliance plate or manufacturer specification for exact figures.

WA · 12-month private renewal

$1,072

about $21 per week

Registration and vehicle charge
$542
Compulsory injury cover allowance
$521
Other statutory charges
$10

Tare weight rounded up to 100kg, plus annual MII and recording fee.

1,761kg estimated kerb weightElectric powertrain

Uses the standard private motor-car or goods-vehicle MII class. Estimate uses fees effective 1 July 2026. Excludes stamp duty, transfer fees, inspections, concessions, special plates and temporary rebates. Transport WA licence fees