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2020 Tesla Model 3
2020 Tesla Model 3
2020 Tesla Model 3

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2020 Tesla Model 3

  • 65,000 km

ISK 3,900,000

9.9% below estimateEstimate ISK 4.33M

Price scale: asking price ISK 3,900,000, estimate ISK 4,329,872, likely range ISK 3.93M to 4.77M.

Open on Facebook Marketplace(opens in a new tab)

Facebook MarketplaceListed Oct 28, 20266 days on the market

Car loan example

ISK 3,900,000 is 9.9% below estimate.

High confidence

Based on 2020 Model 3 cars (98) · Likely range: ISK 3.93M to 4.77M · Estimate: ISK 4,329,872

About the car

Year
2020
Mileage
65,000 km
All Tesla Model 3 for sale and prices by model year

Costs

Car loan example

Monthly payment, APR and the whole example

About ISK 56,700 a month

APR 13.8%

Representative example

Price
ISK 3,900,000
Down payment
ISK 780,000
Loan for the car
ISK 3,120,000 (80% of the price)
Arrangement fee, added to the loan
3.20% (ISK 99,840)
Registration fee, added to the loan
ISK 1,500
Total loan amount
ISK 3,221,340
Term
7 years
Interest rate
11.65% variable
Credit assessment
ISK 7,000
Payment fee
ISK 395 with every payment (electronic notice)
Monthly payment
ISK 56,659 including the payment fee
Total amount payable
ISK 4,766,356
Total cost of credit
ISK 1,644,856
Annual percentage rate (APR)
13.8%
  • The arrangement fee and the registration fee are added to the loan, as the lenders do.
  • Lenders require third-party and comprehensive insurance; its premium is not in the APR.
  • Rate and fees from a lender's price list valid from Aug 20, 2026; other lenders' terms may differ.
  • We do not lend money or arrange loans; the lender sets the terms.

Lenders' terms

The same loan at each: ISK 3,120,000 over 7 years, at the rate and fees in each lender's published price list.

  • Arion bankiAbout ISK 56,800 a month

    Rate 11.70% · APR 13.8% · total cost of credit ISK 1,649,016

    See the terms Arion banki
    Price
    ISK 3,900,000
    Down payment
    ISK 780,000
    Loan for the car
    ISK 3,120,000 (80% of the price)
    Arrangement fee, added to the loan
    3.10% (ISK 96,720)
    Total loan amount
    ISK 3,216,720
    Term
    7 years
    Interest rate
    11.70% variable
    Payment fee
    ISK 505 with every payment (electronic notice)
    Monthly payment
    ISK 56,774 including the payment fee
    Total amount payable
    ISK 4,769,016
    Total cost of credit
    ISK 1,649,016
    Annual percentage rate (APR)
    13.8%
    Arion banki: car loans(opens in a new tab)
  • Ergo

    The longest term for this car is 72 months.

    Ergo: car loans(opens in a new tab)
  • Landsbankinn

    The longest term for this car is 60 months.

    Landsbankinn: car loans(opens in a new tab)
  • LykillAbout ISK 56,700 a month

    Rate 11.65% · APR 13.8% · total cost of credit ISK 1,644,856

    See the terms Lykill
    Price
    ISK 3,900,000
    Down payment
    ISK 780,000
    Loan for the car
    ISK 3,120,000 (80% of the price)
    Arrangement fee, added to the loan
    3.20% (ISK 99,840)
    Registration fee, added to the loan
    ISK 1,500
    Total loan amount
    ISK 3,221,340
    Term
    7 years
    Interest rate
    11.65% variable
    Credit assessment
    ISK 7,000
    Payment fee
    ISK 395 with every payment (electronic notice)
    Monthly payment
    ISK 56,659 including the payment fee
    Total amount payable
    ISK 4,766,356
    Total cost of credit
    ISK 1,644,856
    Annual percentage rate (APR)
    13.8%
    Lykill: car loans(opens in a new tab)
  • Rates and fees are from the lenders' published price lists, read Nov 2, 2026. A lender may add a margin to the rate after its credit check.
  • The arrangement fee and the registration fee are added to the loan, as the lenders do.
  • The total cost of credit and the APR include the arrangement fee, the document fee and the credit assessment where the price list names them for a car loan, and the payment fee with each payment (electronic notice). The registration fee is a public fee and not counted as a cost of credit.
  • An example for comparison, not a promise of a loan: the lender decides whether and on what terms it lends. We have no partnership with any lender and send them nothing about you.

Running costs a year

Vehicle tax, the per km fee and fuel at your own driving
Per km fee (kílómetragjald)
ISK 104,250
Insurance
Depends on the insurer
Total of what is worked out
ISK 104,250
  • Vehicle tax is not worked out: the ad does not give what it needs.
  • Per km fee: ISK 6.95 per km for passenger cars with a permitted total weight up to 3,500 kg, from Jan 1, 2026 (Skatturinn, Nov 2, 2026).
  • Energy cost is not worked out: a plug-in hybrid runs on both electricity and fuel, or the ad does not give the fuel.
  • Insurance is not priced: insurers publish no prices, and it depends on the car and on you.

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