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expiredTofuVic posted Dec 22, 2022 12:50 AM

*YMMV* Tesla Model 3 and Model Y: Take delivery between 12/21/2022 and 12/31/2022, and receive $7,500 discount and 10,000 Supercharger credits

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Hello, I hope you're well.

Tesla is offering certain customers a $7,500 discount and 10,000 Supercharger credits if they take delivery of a Model 3 or Model Y by 12/31/2022. Check your text message; here is an example.

Yesterday, I posted about how the Model 3 RWD and Model Y will qualify for the full Inflation Reduction Act (IRA) $7,500 if you take delivery in January or February 2023 (of course, if Tesla runs promotions or drop prices in early 2023, there could be better savings then). This is better in several major ways:
  • Lower sales tax because this is a discount, not a tax credit
  • You get the discount immediately, instead of having to wait until 2024 when you file taxes for 2023
  • You get 10,000 Supercharger credits, which is valued at between $500 and $900
  • If you're financing, you don't have to pay interest on the $7,500
  • (For some people) If you didn't qualify for the tax credit due to being over the income limit, you don't have to worry about that at all
  • 12/29/2022 UPDATE: IRS published its list [irs.gov], and some vehicles will not qualify for the tax credit that starts in 2023; of note, Model Y 5-Seat does not qualify because it passes the $55,000 limit, whereas the Model Y 7-Seat does qualify because it is below the $80,000 limit.
  • 01/04/2022 UPDATE: The 10,000 Supercharger miles (which is actually 4,000 kWH) have been added to the Tesla App. Check Settings > Loot Box.
Author's Note: This is a deal thread, not a political thread or a thread for people who dislike Tesla. Please refrain from going off topic or thumbing down this thread. You have every right to hate Tesla and its CEO, but please don't thumb down a thread related to Tesla simply because of that. Slickdeals is a deal-hunting forum above all else, and I'd greatly appreciate it if we treat threads in Hot Deals as deal threads and nothing else. Thank you.

I hope this helps,
Tofu Vic

QA Note: Inventory Varies By Zip - Example https://www.tesla.com/inventory/n...&range=200
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About the Poster
Deal Details
Community Notes
About the Poster
Hello, I hope you're well.

Tesla is offering certain customers a $7,500 discount and 10,000 Supercharger credits if they take delivery of a Model 3 or Model Y by 12/31/2022. Check your text message; here is an example.

Yesterday, I posted about how the Model 3 RWD and Model Y will qualify for the full Inflation Reduction Act (IRA) $7,500 if you take delivery in January or February 2023 (of course, if Tesla runs promotions or drop prices in early 2023, there could be better savings then). This is better in several major ways:
  • Lower sales tax because this is a discount, not a tax credit
  • You get the discount immediately, instead of having to wait until 2024 when you file taxes for 2023
  • You get 10,000 Supercharger credits, which is valued at between $500 and $900
  • If you're financing, you don't have to pay interest on the $7,500
  • (For some people) If you didn't qualify for the tax credit due to being over the income limit, you don't have to worry about that at all
  • 12/29/2022 UPDATE: IRS published its list [irs.gov], and some vehicles will not qualify for the tax credit that starts in 2023; of note, Model Y 5-Seat does not qualify because it passes the $55,000 limit, whereas the Model Y 7-Seat does qualify because it is below the $80,000 limit.
  • 01/04/2022 UPDATE: The 10,000 Supercharger miles (which is actually 4,000 kWH) have been added to the Tesla App. Check Settings > Loot Box.
Author's Note: This is a deal thread, not a political thread or a thread for people who dislike Tesla. Please refrain from going off topic or thumbing down this thread. You have every right to hate Tesla and its CEO, but please don't thumb down a thread related to Tesla simply because of that. Slickdeals is a deal-hunting forum above all else, and I'd greatly appreciate it if we treat threads in Hot Deals as deal threads and nothing else. Thank you.

I hope this helps,
Tofu Vic

QA Note: Inventory Varies By Zip - Example https://www.tesla.com/inventory/n...&range=200

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Dec 22, 2022 3:36 PM
4.4K Comments
Joined Feb 2010
turns2stoneDec 22, 2022 3:36 PM
4.4K Comments
Quote from bentideals :
Tesla will add radar back in Jan next year. So I think next year model will have 2 systems: camera and radar. https://www.kbb.com/car-news/tesl...t-lost-it/ [kbb.com]
We have no idea if "HD radar" is for cars, which ones, etc. Could be for Semi, for all we know.
Dec 22, 2022 3:37 PM
5.3K Comments
Joined Oct 2011
juggarDec 22, 2022 3:37 PM
5.3K Comments
By the way, you dont have to wait until 2024 to get the tax credit, if you were to buy a car that qualified for the full amount on Jan 1st 2023, you'd simply stop withholding federal tax immediately. Then you could start withholding again later in the year if you go past the $7500.

I have no idea why very few people do this, but I have done this multiple times and it works great, of course you need to have some idea of what your federal tax liability is for the year.
Dec 22, 2022 3:38 PM
2.1K Comments
Joined Mar 2007
anubis57Dec 22, 2022 3:38 PM
2.1K Comments
Quote from huge :
You can miss my point. The people that need to understand what I'm trying to say will get it

(this whole liberal thing is a made up religion. They flip flop their constituents based on what's most profitable)
Hogwash.

Lunatic conspiracy much?

All of a sudden everyone is a politically motivated anti-EV activist.

More like blowback against Musk, not EV's.
Last edited by anubis57 December 22, 2022 at 07:42 AM.
Dec 22, 2022 3:40 PM
4.4K Comments
Joined Feb 2010
turns2stoneDec 22, 2022 3:40 PM
4.4K Comments
Quote from Brooklynite :
So before new year they are offering $7500 discount because it doesn't qualify for $7500 tax rebate? That's all?
$7500 discount today is much better than a tax credit you do in 2024.
  • You can use the $7500 on any Model 3, including Performance - next year's tax credits cap at $55K for cars, currently no Model 3 meets that low threshold.
  • You won't pay sales tax on the $7500, as it comes right off the price of the car
  • You get 10,000 free Supercharger miles
  • You might be above the income limits for the Jan-March 2023 rules.
  • If you're financing, that's an extra $7500 you don't have to pay interest on.
Dec 22, 2022 3:45 PM
7 Comments
Joined Dec 2022
OliveDeer6464Dec 22, 2022 3:45 PM
7 Comments
Quote from Evils :
I requested a trade-in quote for my 2019 Model 3 LR with FSD 2 weeks ago and was given a range of $34k-36k.

Checked again today and it's now $24k-27k ... Now in my math, I'm actually loosing money on this deal. Not saying it's a bad deal, but if you're Tesla and your just taking off the discount from the trade in, then you're not giving any discount
That is pretty much how across the board discounts on new cars work - they depress the used car values.
The only difference here is that tesla is taking out the full amount, instead of "prorating " it against the ratio of your "car's equity" to new car price. my guess is that they are simply expecting a further drop in used car values in short order - either because the overall market is going to drop, or specifically because their used car prices will be depressed further with even bigger discounts on new cars…
Dec 22, 2022 3:53 PM
2.1K Comments
Joined Sep 2022
norcal007Dec 22, 2022 3:53 PM
2.1K Comments
Quote from waterfront :
agree! Tesla is well ahead of the game and to dust competition they can afford to cut prices at least 20% . auto industry cyclical in nature and with weaker economy prices fall more. Elon is working on cheaper 25k car as well. with EV credits it could be cheaper.
2023-24 recession will be good news for EVs and end of road for ICE vehicles.
Humm, used gas burner vehicles are in huge demand and why their prices are high. Buying a Prius is still a much better value vs ev and bonus is that the gas/hybrids don't suffer from "where's the charger" syndrome.
Dec 22, 2022 4:03 PM
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Joined Feb 2010
turns2stoneDec 22, 2022 4:03 PM
4.4K Comments
Quote from norcal007 :
Humm, used gas burner vehicles are in huge demand and why their prices are high. Buying a Prius is still a much better value vs ev and bonus is that the gas/hybrids don't suffer from "where's the charger" syndrome.
Except driving a Prius sucks. Using a Prius sucks (software UI, or lack thereof).

So yeah if you want the best value for a sucky experience, Prius is the ticket.

And I "know where the charger is", it's in my garage. And if I'm on a roadtrip, the Tesla will literally drive itself to an appropriate charger. Taken roadtrips all over the US, never been a problem.
1

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Dec 22, 2022 4:41 PM
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Joined Sep 2022
norcal007Dec 22, 2022 4:41 PM
2.1K Comments
Quote from SamS :
Except driving a Prius sucks. Using a Prius sucks (software UI, or lack thereof).

So yeah if you want the best value for a sucky experience, Prius is the ticket.

And I "know where the charger is", it's in my garage. And if I'm on a roadtrip, the Tesla will literally drive itself to an appropriate charger. Taken roadtrips all over the US, never been a problem.
Road trips with a ev are built around charging stations and not by the driver. A few months ago there were long lines at the chargers off I80 in Truckee. Not my idea of fun. That $35,000 savings difference of Prius vs Tesla is huge.
Dec 22, 2022 4:44 PM
4.4K Comments
Joined Feb 2010
turns2stoneDec 22, 2022 4:44 PM
4.4K Comments
Quote from norcal007 :
Road trips with a ev are built around charging stations and not by the driver. A few months ago there were long lines at the chargers off I80 in Truckee. Not my idea of fun. That $35,000 savings difference of Prius vs Tesla is huge.
As someone with many thousands of roadtrip miles in my Tesla, I never felt like a charger wasn't aligned with where I wanted to go.

You are correct, a Tesla is much more expensive than a Prius. And if your budget is ~$20K and you don't mind the drawbacks, then you should definitely buy one. But let's not kid anyone and say they are comparable.
Dec 22, 2022 5:56 PM
2.7K Comments
Joined Nov 2006
likeawDec 22, 2022 5:56 PM
2.7K Comments
Last quarter Tesla made over $13k per vehicle. They certainly can afford to give you $7500+ off one in stock. Heck, I would not be surprised it was not 10K...but that would be dreaming.
Dec 22, 2022 6:03 PM
329 Comments
Joined Apr 2006
halosevenDec 22, 2022 6:03 PM
329 Comments
Quote from SamS :
$7500 discount today is much better than a tax credit you do in 2024.
  • You can use the $7500 on any Model 3, including Performance - next year's tax credits cap at $55K for cars, currently no Model 3 meets that low threshold.
  • You won't pay sales tax on the $7500, as it comes right off the price of the car
  • You get 10,000 free Supercharger miles
  • You might be above the income limits for the Jan-March 2023 rules.
  • If you're financing, that's an extra $7500 you don't have to pay interest on.
The "new" $7500 tax credit can be forfeited to your dealer and taken as a discount in sales price. No need to have a tax liability of $7500 like before.
Dec 22, 2022 6:05 PM
9.5K Comments
Joined Dec 2013
doboy007Dec 22, 2022 6:05 PM
9.5K Comments
Quote from likeaw :
Last quarter Tesla made over $13k per vehicle. They certainly can afford to give you $7500+ off one in stock. Heck, I would not be surprised it was not 10K...but that would be dreaming.
The way TSLA stock is falling, they may need to discount $10k to get the inventory sold, haha.
Dec 22, 2022 6:06 PM
4.4K Comments
Joined Feb 2010
turns2stoneDec 22, 2022 6:06 PM
4.4K Comments
Quote from haloseven :
The "new" $7500 tax credit can be forfeited to your dealer and taken as a discount in sales price. No need to have a tax liability of $7500 like before.
This 'forfeiting' scenario is not applicable until calendar year 2024.
Dec 22, 2022 6:07 PM
106 Comments
Joined Feb 2020
SteveC6kkDec 22, 2022 6:07 PM
106 Comments
what's gonna happen if I ordered but tesla cannot deliver before 12/31/22?

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Dec 22, 2022 6:09 PM
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Joined Feb 2010
turns2stoneDec 22, 2022 6:09 PM
4.4K Comments
Quote from SteveC6kk :
what's gonna happen if I ordered but tesla cannot deliver before 12/31/22?
They'll deliver it in Jan/Feb/Mar/April. EDIT: you can of course cancel, and be out the $250 charge.

If you're ordering a Model 3, you're not going to get any federal tax rebate for 2023 delivery, as the max price for a qualifying car is $55K. SUV (i.e. Model Y) is $80K.
Last edited by SamS December 22, 2022 at 10:15 AM.

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