Does Tesla Have Purchase Tax Now?
2 Answers
The Ministry of Industry and Information Technology and the State Taxation Administration jointly released the 26th batch of new energy vehicle models exempt from vehicle purchase tax, with all 11 Tesla models included in the list. Specific details are as follows: 1. Second Market: The exemption from purchase tax is good news for Tesla, especially as the Chinese automotive market becomes increasingly important for Tesla. Data shows that in the first half of this year, Tesla's total sales in the Chinese market reached $1.469 billion, a year-on-year increase of 41.8%, second only to the U.S. market's $5.809 billion, making it Tesla's second-largest market globally. 2. Across-the-Board Price Increase: With Tesla's entire lineup entering the new energy vehicle purchase tax exemption list, the prices of its imported models have risen comprehensively. Different versions of the Model 3, Model S, and Model X have all seen price increases, with an average increase of over 10,000 yuan across the entire lineup.
Last year, I bought a Tesla Model Y, and the salesperson informed me right away that new energy vehicles are tax-exempt, which saved me a significant amount of money. The purchase tax, typically around 10% of the vehicle's price, is fully waived for Tesla as a pure electric vehicle under the current government policy. This exemption can save tens of thousands of yuan, making the overall purchase more affordable. The reason is clear: the government aims to promote eco-friendly vehicles and reduce pollution emissions. Driving this car gives me a sense of pride—not only are the charging costs low, but I also save on taxes, and in the long run, maintenance costs are lower than those of gasoline cars. The policy is expected to continue beyond 2025, making it a smart choice. I recommend checking for the latest policy updates when considering a purchase to ensure you don’t miss out on this benefit.
