Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM
expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM

2023 Tesla Model Y + $7,500 Federal Tax Credit

(For Qualifying Buyers)

$52,990

$52,990

12,285 Comments 2,614,217 Views
Visit Retailer
Good Deal
Save
Share
Deal Details
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

Community Voting

Deal Score
+839
Good Deal
Visit Retailer

Leave a Comment

Unregistered (You)

Top Comments

TofuVic
19698 Posts
27789 Reputation
If anyone is interested in hard numbers to figure out how much less expensive it is now compared to Tesla's best deal of 2022 - $7,500 discount with 10,000 free Supercharger miles - I bought a Tesla Model Y Long Range 7-Seater with white interior in late December 2022.

Excluding taxes and fees, I paid $63,940. It's now $59,630, which is $4,310 less, and it is eligible for the $7,500 tax credit. That means if I didn't buy it in December and bought it today, I would have saved $11,810 + sales tax, so a bit over $12,000 in savings I missed. (I got 10,000 Supercharger miles, which is worth somewhere between $500 and $1,000.) With taxes and fees, I paid $71,578.55 in total.

For those who do order, I recommend this Tesla Prep guide [glideapp.io] to check for build quality issues on delivery day.

I hope this helps,
Tofu Vic
oceanone
1290 Posts
286 Reputation
Tesla plans to add a new radar product to its vehicles in mid-January, according to documents posted with the Federal Communications Commission.

The disclosure, which was first reported by Electrek, comes as the company faces scrutiny over the safety and capabilities of its standard advanced driver assistance system known as Autopilot and the $15,000 optional upgraded product branded as "Full Self-Driving." Tesla FSD beta software offers some automated driving features but is not a self-driving system.

The luxury EV-maker has long claimed it could reach full autonomy through a "vision only" approach that shuns other sensors like lidar and radar in favor of cameras and a deep neural network that quickly processes a vehicle's surroundings and responds in real time. Tesla CEO Elon Musk previously promised to "solve" full self-driving by the end of this year (he's also promised Tesla would get there every year for roughly nine years now). He has recently admitted the problem will take longer to solve.

And perhaps, as every other autonomous vehicle technologist says, it's not actually achievable yet through cameras alone.

The company began removing radar from its vehicles last May. In October, Tesla removed its 12 ultrasonic sensors from Model 3 and Model Y vehicles built for North America, Europe, the Middle East and Taiwan. Ultrasonic sensors measure distance via ultrasonic waves and are used as proximity sensors to support anti-collision safety systems, particularly in parking use cases.

Now it appears radar is back. It's not yet clear which models will get the new radar. The type of radar Tesla intends to market next year is of a frequency that's allocated by the FCC for ADAS use cases, according to Ram Machness, chief business officer at Arbe Robotics, which produces ultra-high-resolution 4D imaging radar.

Tesla had originally filed with the FCC to use the new radar — which is described in filings as "76-77 GHz Automotive Radar" — in its vehicles back in June.

"From the frequency of operation (76-77GHz) as well as the mechanical design of the sensor from Tesla's FCC filing, it appears that this radar would be utilized in ADAS applications," Steven Hong, VP and general manager of radar technology at semiconductor company Ambarella, told TechCrunch.

He noted that while the performance of this "edge" radar sensor will be limited, it's a positive development that Tesla is looking to add radar to its perception stack for safety-critical, robust performance.

Earlier this year, the FCC had granted a confidential treatment to Tesla in order to keep the details of the new radar under wraps. Late last month, Tesla applied to extend that confidentiality treatment another 60 days from its date of expiration, which is December 7.

i hope this answers your question
AkumaX
13111 Posts
2952 Reputation
edit: ACTUAL LINK TO DEAL https://www.tesla.com/modely/design (SD's link goes to existing inventory page)
Wayback Machine if anyone wants to do some research: https://web.archive.org/web/20220...ely/design

I'll throw out some notable 'milestones' , focusing only on the Model Y LR base model:

* Feb 2021 - $49,000 - Roughly the lowest price for the Y LR (not including the SR @ $42k)
From this point forward, Tesla started increasing the price about $1-2 every month or so, until it peaked out at $66,000. Ex:
* May 2021 - $51,000
* July 2021 - $53,000, etc...
* Feb 2022 - $59,000, etc...
* July 2022 - $66,000 <-- peak
* Dec 1 2022 - $66,000 (-$3750 credit/refund)
* Dec 15 2022 - $66,000 (-$7500 credit/refund)
* Jan 1 2023 - $66,000 back to peak (-$7500 fed tax credit only on 7-seater)
* Jan 13 2023 - $53,000 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Jan 23 2023 - $53,500 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Feb 4 2023 - $55,000 (-$7500 fed tax credit on all models)

12,284 Comments

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 07:06 AM
70 Posts
Joined Oct 2022
DkDealzJan 13, 2023 07:06 AM
70 Posts
Quote from GreyField2811 :
Used Tesla price drops like shit now.
Eagerly hoping so
Pro
Jan 13, 2023 07:07 AM
30,104 Posts
Joined Oct 2010
Medic311
Pro
Jan 13, 2023 07:07 AM
30,104 Posts
So many cool options on the horizon from a lot of manufacturers. I think it's worth holding out for sure. Tesla must know this and realize while they are still king for now, there could be trouble on the near horizon for them. the wrangler 4xe is pretty cool, and 2nd gen with the larger battery and even more capability is totally worth waiting for. that's what I have my eyes on
Last edited by Medic311 January 13, 2023 at 12:10 AM.
Jan 13, 2023 07:07 AM
6,135 Posts
Joined Apr 2008
stasisJan 13, 2023 07:07 AM
6,135 Posts
Quote from GreyField2811 :
Hold the line folks. It will be lower and lower given their sales.
You saying TSLA is still going to go down past $100?
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 07:08 AM
19,698 Posts
Joined Sep 2003
TofuVic
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 07:08 AM
19,698 Posts
Quote from techhero :
Any tips on how to get the credit if you exceed the income limit? I guess most with CA salary won't qualified. This income limit new rule sucks
Quote from Kensic :
its Adjust gross income....to have a 150,000k gross adjust income...your looking at close to 200k salary.

i dont think most CA salary is 200k...most CA salary is about 70k
In California, the median annual income is $33,719 for an individual and $78,672 for a household.

Source: US Census Bureau

I hope this helps,
Tofu Vic
Jan 13, 2023 07:08 AM
225 Posts
Joined Apr 2019
Henry2006Jan 13, 2023 07:08 AM
225 Posts
this vs id4?
Jan 13, 2023 07:08 AM
196 Posts
Joined Nov 2022
BrightHalibut7933Jan 13, 2023 07:08 AM
196 Posts
Quote from Outlawdevil :
Big no no, you gonna take a huge hit on recent price cut on current model. Used car will be adjusted for that as well.
What about used X pricing. I'm seeing $45-50K now. Predictions?
Jan 13, 2023 07:08 AM
307 Posts
Joined Jun 2004

This comment has been rated as unhelpful by Slickdeals users.

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 07:10 AM
199 Posts
Joined Nov 2012
jmkaylorJan 13, 2023 07:10 AM
199 Posts
Is there any way to upgrade the vehicles to a 6/7 seater? I don't see this option listed anywhere…
Jan 13, 2023 07:10 AM
854 Posts
Joined Sep 2011
GaGaGeGeJan 13, 2023 07:10 AM
854 Posts
Quote from GreyField2811 :
$57K for a used tesla?? You are crazy..
It was literally the best deal anywhere in the nation for that car before this price reduction. Similar cars on Tesla and elsewhere with FSD were selling for $65k+
3
Jan 13, 2023 07:12 AM
4 Posts
Joined Nov 2011
bboytailsJan 13, 2023 07:12 AM
4 Posts

Our community has rated this post as helpful. If you agree, why not thank bboytails

Tesla Model 3 Performance old price: $62,990
Tesla Model 3 Performance new price: $53,990

OEM Savings of $9k + $7500 Federal Tax Credit (YMMV) = $16.5k Total discount
Purchase price after full tax credit is 16% lower than previous full price.

0-60 in 3.1 seconds, with an estimated 480 horsepower.

As a comparison, the Ford Mustang GT Premium starts at $43,365 with 450 horsepower and a 0-60 in 4.5 seconds. The BMW M3 starts at $75,295 with 473 horsepower and a 0-60 of 4.1 seconds.





https://www.tesla.com/model3
1
1
Jan 13, 2023 07:12 AM
38 Posts
Joined Jul 2019
Poker_KhianaJan 13, 2023 07:12 AM
38 Posts
Quote from MichaelP7 :
I'm right there with you bud. Picked mine up on the 29th of December and now this… 😣😣
Picked mine up on 12/24 and locked in at the $62,990 - $7,500 + 10k supercharger miles. Still love my MYLR though. Minor door gap and paint issues. Tesla already took care of it all.
Jan 13, 2023 07:13 AM
5,423 Posts
Joined Mar 2013
SKV4mJan 13, 2023 07:13 AM
5,423 Posts
In for 1 to the moon 🚀🚀🚀
2
Jan 13, 2023 07:14 AM
196 Posts
Joined Nov 2022
BrightHalibut7933Jan 13, 2023 07:14 AM
196 Posts
Quote from TofuVic :
If anyone is interested in hard numbers to figure out how much less expensive it is now compared to Tesla's best deal of 2022, I bought a Tesla Model Y Long Range 7-Seater with white interior in late December 2022.

Excluding taxes and fees, I paid $63,940. It's now $59,630, which is $4,310 less, and it is eligible for the $7,500 tax credit. That means if I didn't buy it in December and bought it today, I would have saved $11,810 + sales tax, so a bit over $12,000 in savings I missed. (I got 10,000 Supercharger miles, which is worth somewhere between $500 and $1,000.)

I hope this helps,
Tofu Vic
10k SC miles will be hard to use depending on expiration (I lost about 2K even though i tried using locally as well) TSLA wouldn't budge on expiration/ hard to contact

I'm hoping they bring back SC miles for referring cars. They only have solar now
Jan 13, 2023 07:14 AM
7,494 Posts
Joined Jan 2009
MrDeaalsJan 13, 2023 07:14 AM
7,494 Posts
Given Musk's twitter saga and the recent news about twitter struggling for cash, I'm sure the stock price will further take a hit and if the sales dont meet market expectations , you can expect the price to further drop next Quarter
2

Sign up for a Slickdeals account to remove this ad.

Pro
Jan 13, 2023 07:15 AM
30,104 Posts
Joined Oct 2010
Medic311
Pro
Jan 13, 2023 07:15 AM
30,104 Posts
Quote from insyder :
Carvana is showing $34k for a 21 MYLR, not looking good
Carvana is also attempting to shed inventory as if they are in liquidation. Some People on YouTube follow their inventory and car max as well, and both are dumping inventory to auction in a tsunami wave. The used car market pricing is already declining, those 2 companies have such massive inventories combined and acting together they could put the used market into free fall
1

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

Trending Deals