If you're in the UK and thinking about buying a Tesla, this is the deal you don't want to miss. Tesla UK is offering a £3,750 trade-in bonus when you trade in your current car and purchase a new Model 3 or Model Y. That's £3,750 on top of whatever Tesla values your existing vehicle at — whether it's a petrol car, diesel, hybrid, or even another brand's EV.
Planning to order? Use a referral link before you configure your car. It costs you nothing and gets you free Supercharging credits. Use mine here: tesla.com/referral/carlo719460 (code: carlo719460).
tesla.com/referral/carlo719460
Code: carlo719460 — Free Supercharging credits or Tesla account credit. Must be entered BEFORE placing your order.
How the £3,750 Trade-In Bonus Works
Tesla's UK trade-in bonus is straightforward. When you order a new Model 3 or Model Y and trade in your current vehicle, Tesla adds £3,750 on top of the trade-in value they offer you.
For example, if Tesla values your existing car at £8,000, you'd get £8,000 + £3,750 = £11,750 off your new Tesla. That's a significant chunk off any model.
The bonus was announced in early January 2026 as part of Tesla's strategy to boost sales following a challenging 2025 in Europe. It's one of the most generous trade-in promotions Tesla has ever offered in the UK market.
What's Eligible (and What's Not)
Eligible
- New Model 3 (all variants)
- New Model Y (all variants, including 7-seater)
- New inventory vehicles (showroom and test drive cars sold as new)
- Trade-in of any vehicle: petrol, diesel, hybrid, or EV from any manufacturer
Not Eligible
- Certified Pre-Owned (CPO) Teslas
- Used Tesla purchases
- Orders placed or delivered after March 31, 2026
- Purchases without a trade-in vehicle
Total Savings Breakdown: Trade-In + Referral
The trade-in bonus stacks with Tesla's referral programme. Here's what your total savings could look like:
| Saving | Amount |
|---|---|
| Trade-in bonus | £3,750 |
| Referral code (carlo719460) benefit | Up to £500 |
| Your car's actual trade-in value | Varies (£3,000–£30,000+) |
| Total off your new Tesla | £4,250 + trade-in value |
If you're also taking advantage of Tesla's 0% APR financing (available through March 31), you could save an additional £2,000–£4,000 in interest over the loan term compared to standard market rates. See our March 2026 deals guide for details on the financing offer.
tesla.com/referral/carlo719460
Free Supercharging credits on top of the £3,750 trade-in bonus. Must be applied BEFORE ordering.
Current Tesla UK Prices (March 2026)
Here's what Tesla currently charges in the UK, before the trade-in bonus and referral code:
| Model | Starting Price | After Trade-In Bonus |
|---|---|---|
| Model 3 Standard Range | ~£37,990 | ~£34,240 |
| Model 3 Long Range | ~£45,990 | ~£42,240 |
| Model Y RWD | ~£42,990 | ~£39,240 |
| Model Y Long Range AWD | ~£49,990 | ~£46,240 |
Prices shown are approximate and based on current tesla.com/en_gb listings. Final price depends on configuration. The "After Trade-In Bonus" column shows the price reduction from the £3,750 bonus alone — your car's actual trade-in value is additional savings on top.
How to Claim the Trade-In Bonus + Referral Code
Follow these steps in order to maximise your savings:
-
1
Start with the referral link
Go to tesla.com/referral/carlo719460. This opens the Tesla configurator with the referral code pre-applied. The referral must be applied before you place your order — it cannot be added afterwards. -
2
Configure your Model 3 or Model Y
Choose your model, colour, wheels, and interior. All configurations of Model 3 and Model Y qualify for the trade-in bonus. -
3
Select "Trade-In" during checkout
When you reach the payment section, Tesla will ask if you have a vehicle to trade in. Enter your car's details (registration number, mileage, condition). Tesla will provide an instant valuation, and the £3,750 bonus will be applied on top. -
4
Choose your financing (0% APR available)
If you're financing, select Tesla's 0% APR option where available. This Q1 offer also expires March 31. -
5
Complete order and schedule delivery
Place your order and schedule delivery before March 31. Current UK delivery times are approximately 1-3 weeks for most configurations, so ordering by mid-March gives you the best chance of taking delivery in time.
Why March 2026 Is the Best Time to Buy a Tesla in the UK
Several factors are aligning to make this an unusually favourable buying window:
- £3,750 trade-in bonus — the largest Tesla has offered in the UK in recent memory
- 0% APR financing — zero interest on your loan through March 31 (full details)
- Referral code savings — up to £500 in free Supercharging credits with code carlo719460
- Model 3 Standard now available — the most affordable Tesla ever in the UK at ~£37,990 (full review)
- Model Y 7-seater just launched — the new 7-seat option for families, deliveries starting April (details here)
- Fast delivery times — most UK configurations showing 1-3 week delivery windows right now
This combination of promotions, new models and fast delivery windows won't last. Tesla typically runs these stacking deals at end of quarter and then resets. Once April arrives, the trade-in bonus and 0% APR will almost certainly disappear.
Frequently Asked Questions
What is the Tesla UK trade-in bonus?
Tesla UK is offering a £3,750 bonus on top of your car's trade-in value when you trade in any vehicle and order a new Model 3 or Model Y. The offer is valid for orders placed and delivered before March 31, 2026.
Can I combine the trade-in bonus with a Tesla referral code?
Yes. The £3,750 trade-in bonus and Tesla referral code carlo719460 can be used together. Use the referral link tesla.com/referral/carlo719460 before configuring your car, then select trade-in during checkout. You get both benefits.
Which cars qualify for the Tesla UK trade-in bonus?
You can trade in virtually any car — petrol, diesel, hybrid, or even an EV from another manufacturer. The £3,750 bonus is added on top of whatever Tesla values your trade-in at. The bonus applies when purchasing a new or new inventory Model 3 or Model Y.
When does the Tesla UK trade-in bonus expire?
The trade-in bonus expires on March 31, 2026. You must both order and take delivery before this deadline. With only 9 days remaining, acting quickly is essential to secure the deal.
Does the trade-in bonus apply to used Teslas?
No. The £3,750 trade-in bonus only applies to new and new inventory Tesla vehicles. Certified Pre-Owned (CPO) or used Teslas are not eligible for this promotion.
Bottom line: If you're in the UK and have been considering a Tesla, the combination of the £3,750 trade-in bonus, 0% APR financing and referral code savings makes March 2026 the most affordable entry point this year. But you need to act before March 31 — and remember, you need to take delivery by then too.
Order now with referral code: tesla.com/referral/carlo719460