JohnRDavidge
Member
Overall really disappointed as i had thought that the car price would come in cheaper, post Government Incentives. £38k post the incentives is steep considering its only $31k in the US for the RWD Partial Premium online base model.
There's a few things wrong with this comparison.
First, the $31k figure for the base model in the US includes a $3,750 deduction for the federal tax credit and $4,300 in gas savings.
The UK price includes a £3,500 government deduction as well, but doesn't include any petrol savings.
This makes the actual equivalent pre-tax price $35,300. This is before sales tax.
Sales tax in the US varies state by state, but a UK equivalent 20% tax rate would make the final purchase price $42,360. Which at today's exchange rate is £32,438.86. Add on the ~10% in import duties and shipping costs that Elon's always talked about and you get to a figure very close to the £38k that we're paying in the UK.
So yes, the Model 3 is a little more expensive in the UK, but it's much closer than your $31k vs. £38k comparison suggests.