Tesla increases base price of the Model 3 Standard Range Plus model above $55k, but it still qualifies for the iZEV incentive in Canada

Tesla has quietly increased the price of the Standard Range Plus (SR+) model from $54,990 CAD to $55,990 CAD, making it appear to no longer qualify for the Government of Canada’s iZEV $5,000 rebate.

Tesla Standard Range Plus price increase

To qualify for the iZEV rebate, an automaker must offer a qualifying vehicle with a MSRP under $45,000. Tesla does this with the off-menu Standard Range (SR) Model 3 with just 150km at $44,990. Other vehicles by the same automaker with higher trim level also qualify, up to a total of $55,000.

The $55,990 price listed on Tesla Canada’s website includes a number of fees, which if deducted from the listed price, brings the MSRP for the SR+ under $55,000. Those fees include the $1,280 destination and documentation fee, $100 air conditioning fee and $10 OMVIC fee, which brings the total down to $54,600, still $400 below the threshold.

Model 3 fees Canada

If you place an order today for a Standard Range Plus in Canada, you won’t get it in 2019, with current wait times listed as between 5-8 weeks.

Are you buying a Tesla? If you enjoy our content and we helped in your decision, use our referral link to get C$1,300/US$1,000 off your purchase.
Previous Article

Analyst says Tesla is on track to produce 1,000 Model Y vehicles per week by mid-2020

Next Article

Tesla could break ground on Gigafactory 4 in Germany next week

You might be interested in …

Model 3

Tesla Sales Advisors confirm switch to LFP battery in 2022 RWD Model 3, suggest heated steering wheel is now standard equipment

Last night Tesla made some significant changes to its Design Studio by changing the naming convention of their vehicles, as well as increasing the range of some of them. The increased range was a result […]