Motoring Today

Tesla Model 3 under £500 per month

5 used Tesla Model 3 listings from £313/mo under £500 a month, with real broker quotes. Tap any "£X /mo" to see that dealer's full representative example. Finance is subject to status; terms and conditions apply.

Browse used Tesla Model 3 cars from approved UK dealers on Motoring Today.

In stock
5

Live Tesla Model 3 listings

From / month
£313/mo

Cheapest representative quote

Monthly budget
£500

Under £500 a month

Tesla Model 3
Fair price

Tesla Model 3

2020 Long Range Awd

ElectricAutomatic78,000 mi2020
£200/yr
£313/mo
£13,995
cash

Hanworth Autos Ltd·4.3 (32)· Feltham

Tesla Model 3
Fair price

Tesla Model 3

2020 Standard Range +

ElectricAutomatic41,000 mi2020
ULEZ ✓£200/yr
£335/mo
£14,995
cash

Hanworth Autos Ltd·4.3 (32)· Feltham

Tesla Model 3
Fair price

Tesla Model 3

2023 Rwd

ElectricAutomatic82,000 mi2023
£200/yr
£344/mo
£15,900
cash

Hanworth Autos Ltd·4.3 (32)· Feltham

Tesla Model 3
Good price

Tesla Model 3

2020 Performance Awd

ElectricAutomatic75,000 mi2020
£200/yr
£346/mo
£15,500
cash

Hanworth Autos Ltd·4.3 (32)· Feltham

Tesla Model 3
Fair price

Tesla Model 3

2020 Long Range Awd

ElectricAutomatic39,185 mi2020
£200/yr
£403/mo
£17,490
cash

Ezy Access·4.5 (207)· Ruislip

Frequently asked questions

What deposit is needed to get a Tesla Model 3 for under £500 a month?
To finance a Tesla Model 3, a representative example might be based on a £0 deposit over 60 months with a 13% APR. A larger deposit will typically lower your monthly payments. Finance is subject to status.
Does my credit score affect the monthly payment for a Tesla Model 3?
Yes, your credit score can affect the monthly payment. Quoted rates, like the 13% APR, are representative examples. The personal APR offered to you will depend on your individual credit history and an affordability assessment.
Should I choose HP or PCP finance for a Tesla Model 3 on this budget?
With HP, you own the Tesla Model 3 outright after the final payment, whereas PCP offers lower monthly payments but requires a balloon payment or return of the car at the end. Motoring Today's comprehensive PCP vs HP finance guide covers these options in full detail.