Tesla Model 3 Tow Hitch Price Increases to €1,350 in Europe
The prices of accessories listed on Tesla’s website change all the time, and in a recent change, the company has increased the price of the tow hook in some countries.
As Tesla North reader @raffaeru points out, Tesla has increased the price of the Model 3 tow hook to €1,350 ($1,614 USD) in Europe. Back in November, the tow hitch price was just €1,070 ($1,279 USD) at the time of purchase, marking a nearly 17% price increase. It’s unclear just exactly when the price change was made.
This was just brought to my attention:
— 🇺🇦 Raffael 🔋🚗⚡️ (@raffaeru) March 13, 2021
In addition to the price increase, Twitter users on the thread were quick to point out that the added cost of a tow hitch may also price certain customers out of certain electric vehicle (EV) incentives.
For instance, one user reported that, in France, EVs under €45,000 ($53,786 USD) are eligible for an incentive of €7,000, but over €45,000 the incentive drops to just €3,000. With the Model 3 tow hitch add-on, buyers would be looking at a total price of €45,150, effectively dropping €4,000 off of their EV incentive.
A tow hitch for the Tesla Model Y costs $1,000 USD in the U.S. to add it during the order process, but $1,200 USD if you want to add it after the fact as an accessory. The option is not showing as available for Model 3 during the order configuration, as of writing.
In other European Tesla news, Model 3 owners are seeing HW3 retrofits delayed again, to Q2 2021.
A new rumor posits that Tesla’s under-construction Gigafactory Berlin in Gründeide, Germany may begin producing vehicle prototypes as soon as May. While it likely won’t affect the price of the Model 3 tow hook, it may well affect the overall price of the Model 3, which will no longer need to imported upon the factory’s completion and moves towards full operation.