Tesla is clearing out current Model Y stock with major discounts across Australia, offering savings of up to $8000 ahead of the launch of the updated 2025 version. The run-out pricing covers 2024 and early 2025-plate vehicles and provides one of the best chances for buyers to grab Tesla’s popular electric SUV at significantly reduced rates before the facelifted model arrives.
With the updated Tesla Model Y due to land in May 2025, these limited-time discounts are sparking new excitement among electric vehicle shoppers.
Massive Discounts Across the Tesla Model Y Range
Buyers can now secure substantial price cuts across all Model Y variants. According to Tesla Australia, the discounts are applied before on-road costs, meaning even lower stamp duty charges.
- Model Y Rear-Wheel Drive (RWD): $4000 discount
- Model Y Long Range All-Wheel Drive (AWD): $7000 discount
- Model Y Performance AWD: $8000 discount
These price reductions are available until 31 March 2025, or while stocks last. Vehicle availability will vary depending on the state or territory of registration, so buyers are encouraged to act quickly if they want to take advantage of these savings.
Importantly, the discounts apply before adding mandatory fees such as the $1400 delivery fee and $400 order fee, plus any optional extras selected.
Updated Model Y Pricing Snapshot
Here’s how the new pricing breaks down across Australia after factoring in the discounts and standard fees:
- Model Y RWD:
- In Victoria, an example Model Y RWD equipped with Stealth Grey paint, 20-inch Induction wheels, and a black and white interior starts from $59,900 (excluding full on-road costs).
- The absolute cheapest Model Y RWD currently listed is a standard white version available in Western Australia from $53,700, including order and delivery fees but excluding full on-road costs.
- Model Y Long Range AWD:
- Prices start at $68,600 in Victoria, Queensland, South Australia, and Tasmania. This typically includes a black or blue premium paint ($1500) and 20-inch wheels ($2400).
- Model Y Performance AWD:
- The lowest listed price for the top-spec Performance variant is $80,800 before full on-road costs in South Australia, Tasmania, and Victoria. This includes optional Ultra Red paint and a black and white interior.
Given Tesla’s direct-to-consumer model, the configurations and prices can vary slightly based on stock and location. Buyers are advised to check Tesla’s official inventory page for the latest deals.
Preparing for the New 2025 Model Y
The heavy discounts come just before the arrival of the facelifted Tesla Model Y, set to debut in Australia from May 2025. The initial rollout will be branded as the ‘Launch Series’, covering the Rear-Wheel Drive and Long Range AWD variants.
However, buyers waiting for the refreshed version will need to be prepared to pay more:
- Model Y RWD (Launch Series): Starts from $63,400 plus on-road costs. After adding order and delivery fees, the minimum drive-away cost is around $65,200.
- Model Y Long Range AWD (Launch Series): Starts from $73,400 plus on-road costs, reaching about $75,200 with standard fees included.
These figures reflect a price increase of:
- $7500 more for the new Model Y RWD
- $3500 more for the new Model Y Long Range AWD
For many buyers, the significant savings on current Model Y stock could outweigh the appeal of waiting for the new features of the facelifted model.
Why the Urgency?
The Tesla Model Y has been a standout success in Australia. In 2023, Tesla delivered 21,253 Model Ys, making it the best-selling electric vehicle in the country. Its blend of practicality, performance, and Tesla’s growing charging network has made it a go-to choice for EV buyers.
However, the global EV market is becoming increasingly competitive. Tesla’s strategy of offering major price cuts ahead of new model launches is aimed at maintaining momentum, clearing current inventory, and making room for the updated vehicles.
The updated Model Y is expected to bring minor styling tweaks, improved efficiency, new features, and possibly interior upgrades — though Tesla has not confirmed the full list of changes yet.
Conclusion
For Australians eager to switch to electric or upgrade their current ride, the Tesla Model Y run-out offers present a golden opportunity. With discounts of up to $8000 on offer across the lineup, buyers can drive away in one of the most popular EVs on the market without paying 2025 prices.
Whether you’re eyeing the affordable Rear-Wheel Drive variant or the high-performance AWD Performance model, these deals won’t last long. With availability limited by state and stock levels changing daily, those interested should move quickly to lock in the savings before the updated model arrives.
Tesla’s blend of electric innovation, strong brand appeal, and now aggressive pricing make the Model Y an even more attractive choice for 2024 buyers. If you want a powerful, stylish EV at a serious discount, now’s the time to make it happen.