Used Cars Tesla

Published on July 15th, 2023 | by Daniel Sherman Fernandez


Tesla Used Prices Plummet 50% In Malaysia

Model Y new car price has caused the severe mark down of old AP imported Tesla EV’s in Malaysia

Local used car classifieds right now are seeing a free fall of used Tesla prices as PEKEMA importers are quickly trying to sell their used and new old stock Tesla electric cars. As much as 50 percent discount is being offered on the Tesla Model 3 and also the Tesla Model Y.

This ‘panic selling comes after the Malaysian Tesla office announced their Model Y selling price at just RM199k which is even lower than the new selling prices of Tesla in Thailand.

It is a severe ‘shock to the used car market’ as some PEKEMA members have been sitting with a large number of Tesla’s after a frantic buying spree in England and also Australia earlier this year.

So, if you currently already own a Tesla (2 to 3 years old) bought from a PEKEMA showroom and plan to sell your Tesla, you might only get anywhere between RM85k to RM95k and it is best that you keep your Tesla and not sell it.

New Tagline ‘Recon Tesla For Life’!

Meanwhile, in case you missed it, Tesla has announced that its latest all-electric SUV, Model Y, is now available to order in Malaysia on /, starting from RM199,000.

The Model Y is the best-selling all-electric SUV in the world and one of the safest cars on the road, with perfect 5-star ratings from NHTSA and Euro NCAP.

Like every Tesla vehicle, Model Y combines range, performance, safety, and technology. As a mid-size SUV, Model Y offers over 2100 litres of cargo space, providing versatile seating and storage for up to five passengers with their belongings.

With ultra-responsive motors, it only takes 3.7 seconds for the Model Y to accelerate from 0 to 100km/h, with a range of up to 533 km (WLTP) per charge. Model Y comes with an all-glass roof, autopilot, active safety features, and a HEPA air filtration system.

Interestingly, the starting is just RM199,000 in Malaysia and the Model Y is available in three trims: Model Y (Rear-wheel drive), Model Y Long Range, and Model Y Performance. The estimated delivery date will be in early 2024.

As part of Malaysia’s commitment to promoting the adoption of low-carbon mobility and supporting the development of the electric vehicle (EV) industry, customers can enjoy full import and excise duties exemption for newly registered zero-emission Tesla electric vehicles (Completely Built-up electric vehicles) along with 100 percent road tax exemption (that is for now only).

Tesla owners may also claim individual income tax relief of up to RM2,500 on expenses related to the cost of installation, rental, purchase, including hire-purchase equipment or subscription fees for EV charging facilities, for the assessment year of 2023.

Model Y – Product Overview

  • Model Y is the newest, most affordable electric SUV. Designed and built as Tesla’s first mass-market sports utility electric vehicle, it is a critical step in Tesla’s mission to accelerate the world’s transition to sustainable energy, as completed in the original Secret Tesla Master Plan.
  • Like every Tesla vehicle, Model Y combines range, performance, safety, and technology. Being a mid-size SUV, Model Y has 2.1 cubic metres of cargo space which provides versatile seating and storage for up to 5 passengers with their cargo. With the ultra-responsive motors, it takes just 3.7 seconds for Model Y to accelerate from 0 to 100km/h with a range of up to 533 km (WLTP).
  • Model Y is one of the safest SUVs in the world with perfect 5-star rating from NHTSA and Euro NCAP, providing unparalleled protection to the driver and the passenger. Model Y comes with all-glass roof, autopilot, active safety features, HEPA filtration system and Bioweapon Defence mode.

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