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Model 3 Pricing in Canada - What we know

Tony_YYZ

Tezler Guru
Apr 7, 2016
2,092
2,235
Caledon, ON Canada
So today was a big news day for the Model 3 in Canada. And by that I mean various people noticed changes in wording across various websites.

So lets start.

The Model 3 SR will start at $45,600 CAD - Source: Model 3 & Model 3 Reservations FAQ

"Designed to attain the highest safety ratings in every category, Model 3 achieves 354 km of range while starting at only $45,600 before incentives."

The Model 3 LR will start at $58,800 CAD - Source: https://www.cevforbc.ca/sites/default/files/cev_eligible_vehicles_grid_updated_2018_march_21_0.pdf

The Model 3 LR + PUP will cost $64,100 CAD - Source: Model 3 Reservations FAQ

"Which Model 3 features are currently available?
Our first Model 3 in production comes with a long-range battery, 499 km of range, rear-wheel drive and premium upgrades throughout, beginning at $64,100. In late 2018, we will introduce the option for a standard battery with 354 km of range and standard equipment, beginning at $45,600."


We can safely assume that the costs for Paint and EAP will be the same now as on S & X. Wheel upgrade costs are still unknown.

Electrek also wrote an article stating that Tesla confirmed configuration emails for Model 3 reservation holders will start rolling out this week so they can start configuring. No word on AWD yet though.

Tesla starts Model 3 launch in Canada, confirms starting price at $45,600 CAD


Thoughts?
 

ytwytw

Member
Oct 2, 2017
410
224
Canada
$6600 for EAP, must have
$4000 for FSD, not gonna buy now
I like white car so $2000 for paint
I love AWD, let’s say $5000 upgrade
I like 19inch wheel as 18 isn’t that great looking (10% range loss), say $2000

64100+6600+2000+5000+2000=79700CAD
After HST(ON) is approx 90061CAD

since it’s under 75k, so 14k rebate apply(if the rebate can survive)
90k - 14k = 76k

Honestly, Those loaner / demo Model S 75/75D would be bargain, but too bad now as it’s no longer eligible for rebate

Model 3 should be soon the best selling EV in Canada
 

pmich80

Between U and me I'm giddy waitin' for the Model ≡
Mar 21, 2016
461
365
Toronto
$6600 for EAP, must have
$4000 for FSD, not gonna buy now
I like white car so $2000 for paint
I love AWD, let’s say $5000 upgrade
I like 19inch wheel as 18 isn’t that great looking (10% range loss), say $2000

64100+6600+2000+5000+2000=79700CAD
After HST(ON) is approx 90061CAD

since it’s under 75k, so 14k rebate apply(if the rebate can survive)
90k - 14k = 76k

Honestly, Those loaner / demo Model S 75/75D would be bargain, but too bad now as it’s no longer eligible for rebate

Model 3 should be soon the best selling EV in Canada

Wow when you spell it out like that and start adding each option its crazy how high up it goes. Just a small correction:
The paint is $1,000 USD so they'll charge $1,300 CAD for it.

I think realistically I may have to forego Enhanced Auto Pilot for now. Spending $6,500 for that feature is a lot of money and something I may have to get in a few years. My aim is to keep it under $70K and then luckily get the $14K rebate.
 

pmich80

Between U and me I'm giddy waitin' for the Model ≡
Mar 21, 2016
461
365
Toronto
An $80,000 vehicle is far from what the majority of Canadians would call "affordable". You and I may be able to afford it, sure... but in the general sense.. this is not an "affordable electric vehicle". Even taking into consideration the $14,000 rebate... You must at least agree with that?

Yah i agree when looking at the monthly financing cost of it being between $700 to $1000 per month, i realized i'm going to have to forego on certain options because it quickly hits 75 to 80K. First thing to go is Autopilot unfortunately. As much as i wanted it, at $6,500 it's just not worth the increase in monthly payments.
 

Tony_YYZ

Tezler Guru
Apr 7, 2016
2,092
2,235
Caledon, ON Canada
Awesome. Thanks Tony! You must be so excited! Let us know what options you decided on when you're done!


BATTERY is $11,900.00 (32.2% rate)
PREMIUM UPGRADE $6,600.00 (32% rate)

I edited my post with a new link. Shows all the options.

And will do. I'm back and forth on waiting for dual motors. Gonna be a rough time for me, lol
 

pmich80

Between U and me I'm giddy waitin' for the Model ≡
Mar 21, 2016
461
365
Toronto
I edited my post with a new link. Shows all the options.

And will do. I'm back and forth on waiting for dual motors. Gonna be a rough time for me, lol


Me too... I've decided that AWD is more worthwhile than AutoPilot for now considering i'd rather not spend over $80,000 on this car.
 

Bushcaddy

Member
Mar 22, 2018
46
27
Wasaga Beach, Ontario
I edited my post with a new link. Shows all the options.

And will do. I'm back and forth on waiting for dual motors. Gonna be a rough time for me, lol

Thanks for the update. Did you happen to notice what the finance terms would be? Debating between paying cash and financing.
I'm a Day 1 (5 am) reservation holder and can't wait.
 

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