Photo: Tesla, via tesla.com.
Compact electric sedan
The Tesla Model 3 is a compact electric sedan, sold in the Philippines by Tesla Philippines. Its suggested retail price is from ₱1,838,000 to ₱3,099,000 across 4 variants, last verified on 13 November 2026. With a 20% down payment of ₱367,600, the estimated monthly instalment starts at ₱31,985 over 60 months.
Source: Tesla Philippines. Last verified .
By starting price the Tesla Model 3 is the 19th least expensive of 39 sedans in our catalogue, which puts it in the middle of the category (the range runs from ₱698,888 to ₱24,990,000). Its claimed range of 534 km is longer than the 475 km median of the electric cars we list. Shoppers looking at this sedan usually also consider the BYD Seal, Nissan Primera, Honda Civic and Mazda Mazda3. Of those, the Mazda Mazda3 is the least expensive at ₱1,510,000 and the Toyota Camry the most expensive at ₱2,657,000. There is a ₱1,261,000 gap between the entry Standard and the top Performance AWD grade, so it is worth checking which features you would actually use.
4 variants, cheapest first. Monthly estimates assume 20% down over 60 months.
| Variant | Transmission | SRP | Est. monthly |
|---|---|---|---|
| Standard | ₱1,838,000 | ₱31,985 | |
| Premium | ₱2,109,000 | ₱36,701 | |
| Premium Long Range | ₱2,343,000 | ₱40,773 | |
| Performance AWD | ₱3,099,000 | ₱53,928 |
Prices are the distributor's suggested retail prices as of the verified date and may differ at dealers. Registration, insurance and other fees are not included unless stated.
Press reports of Tesla Philippines' October 2026 announcement say the Model 3 can be financed from PHP 29,990 per month; the down payment and term were not stated.
No end date published. Official promo details
For the Standard at ₱1,838,000. Monthly amounts by down payment and term, at the average of lenders' published rates.
| Down payment | 12 months | 24 months | 36 months | 48 months | 60 months |
|---|---|---|---|---|---|
| 10%₱183,800 | ₱146,103 | ₱76,997 | ₱54,006 | ₱42,668 | ₱35,983 |
| 20%₱367,600 | ₱129,869 | ₱68,441 | ₱48,006 | ₱37,927 | ₱31,985 |
| 30%₱551,400 | ₱113,636 | ₱59,886 | ₱42,005 | ₱33,186 | ₱27,987 |
| 50%₱919,000 | ₱81,169 | ₱42,776 | ₱30,004 | ₱23,704 | ₱19,991 |
Monthly figures are estimates, not loan offers. They use the published rates of 6 lenders as of 13 November 2026. Your rate, fees and approval depend on the lender or dealer.
| Electric powertrain | |
|---|---|
| Electric range | 534 km |
| Range test cycle | WLTP |
| DC fast charging | 225 kW |
| Charging time | Up to 170 km of range in 15 minutes at a Supercharger |
Closest alternatives by type, price and size.
Tesla has 2 listed dealers and service outlets in the Philippines. Find the nearest Tesla dealer, or send a request below.
The Tesla Model 3 starts at ₱1,838,000 for the Standard and goes up to ₱3,099,000 for the Performance AWD. These are suggested retail prices from Tesla Philippines as of 13 November 2026; dealer prices may differ.
With a 20% downpayment of ₱367,600 on the ₱1,838,000 base price, the estimated monthly installment is ₱31,985 for 60 months. This uses the published rates of 6 lenders as of 13 November 2026 and is an estimate, not an offer. Your actual terms depend on the lender or dealer.
Tesla Philippines lists a range of up to 534 km on the WLTP test cycle. Real-world range depends on speed, load, air-conditioning use and terrain.
The distributor states: Up to 170 km of range in 15 minutes at a Supercharger.
The stated warranty is 4 years or 80,000 km, whichever comes first. Check the full terms with an authorised dealer.
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Model 3 from ₱1,838,000
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