Tesla has introduced a controversial ‘scrappage’ scheme for buyers who trade in an older petrol or diesel car. During the month of June, customers whose car is valued at less than £2,000 will get an additional £2,000 off a Model 3 or Model Y.
For example, if the trade-in value of their vehicle is £1,500, customers will receive £1,500 for the trade-in and an additional £2,000 from Tesla, resulting in a total contribution of £3,500 towards their new Model 3 or Model Y.
In a statement, Tesla said: “In support of our mission to accelerate the world’s transition to sustainable energy, Tesla are removing petrol and diesel cars from UK roads as part of our trade-in process.”
To be eligible for the scheme, customers must receive confirmation that the value of their trade-in quote is less than £2,000 between June 1 and June 30, 2023. If they qualify, they can choose to trade in their current vehicle with Tesla, and we will apply the contribution as a credit towards the final price of their new Tesla.
To prevent buyers who are in the market for a Tesla buying a banger for a few hundred quid, trading it it in and getting £2,000 off a car, the trade-in has to have been registered in their name for at least three months and have a minimum of 30 days' clear MoT.