"Tesla has rolled out a tasty new trade-in deal in the United Kingdom for a limited time, knocking just over the equivalent of $5,000 off of the price of a new or inventory Model 3 or Model Y. Tesla has rolled out a tasty new trade-in deal in the United Kingdom for a limited time, knocking just over the equivalent of $5,000 off of the price of a new or inventory Model 3 or Model Y."
"The bonus is designed to lower the cost barrier for switching to electric vehicles, stacking the £3,750 on top of the actual trade-in value of any eligible car - this includes petrol, diesel, or even an EV from another automaker. It applies to both new builds and inventory vehicles, including test drive and showroom models, but excludes certified pre-owned Teslas."
"This promotion comes amid intensifying competition in the European EV sector. Chinese giant BYD, which snatched the EV sales title from Tesla for 2025, has been aggressively expanding in the European market, undercutting prices and capturing market share with its widely affordable models, including the Seagull. Tesla's strategy echoes similar incentives that have been offered in other markets at different times."
Tesla is offering a limited-time £3,750 trade-in bonus toward new and inventory Model 3 and Model Y purchases in the United Kingdom, valid for orders and deliveries completed by March 31, 2026. The bonus stacks on top of any eligible vehicle's trade-in value and accepts petrol, diesel, or EVs from other automakers, while excluding certified pre-owned Teslas. The promotion applies to new builds and inventory, including test-drive and showroom cars. The incentive aims to lower the cost barrier to switching to electric vehicles amid intensifying competition from Chinese manufacturer BYD and UK EV adoption nearing 20 percent of new-car sales.
Read at TESLARATI
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