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expiredMurraytheDemonSkull posted Jan 13, 2023 4:18 AM

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

$52,990

$52,990

(For Qualifying Buyers)
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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

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12.3K Comments

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Jan 13, 2023 7:24 AM
126 Comments
Joined Apr 2004
SakiJan 13, 2023 7:24 AM
126 Comments
Did Tesla Pay Slickdeals for this ad?
2
Jan 13, 2023 7:24 AM
16 Comments
Joined Dec 2013
GrrrkingJan 13, 2023 7:24 AM
16 Comments
Still a very expensive big screen surrounded by loads of cheap plastic!!
4
Pro
Jan 13, 2023 7:24 AM
10K Comments
Joined Jun 2008
runtohell121
Pro
Jan 13, 2023 7:24 AM
10K Comments
Currently driving a 2021 VW ID.4 and have a 2023 Toyota Prius LE on order/waitlist at a few dealerships... This is tempting to cancel the Prius and jump to a Model 3 or Model Y.

I'm somewhat looking forward to get rid of the VW ID.4 mainly due to the charging infrastructure in California; well mainly Electrify America and the road trip experience where it added about 2.5 hour extra going from Bay Area to SD; which is why I'm mainly switching back to hybrid for now...
Jan 13, 2023 7:25 AM
1K Comments
Joined Apr 2012
LaidbackLoungerJan 13, 2023 7:25 AM
1K Comments
Quote from theschuntz :
Can I use my harbor freight 30% off coupon with this deal?
I guess we're better off using kohls coupon so we get some kohls cash 😂
2
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 7:25 AM
19.7K Comments
Joined Sep 2003
TofuVic
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 7:25 AM
19.7K Comments
Quote from Tri1914 :
Got one! model y 7 seater, now a 4k option. I am whole
Quote from JohnJ5627 :
Keep in mind in your situation you don't qualify for 7509!it's over 55k
This is incorrect. The Model Y 7-Seater does qualify because has a $80,000 limit, unlike the Model Y 5-Seater that has a $55,000 limit.

I hope this provides clarification,
Tofu Vic
Jan 13, 2023 7:26 AM
7.5K Comments
Joined Jan 2009
MrDeaalsJan 13, 2023 7:26 AM
7.5K Comments
Quote from Medic311 :
Lots of people are turned off with his off the rails behavior recently. Friend of ours decided to ditch Tesla at the end of the lease and said that was one of the reasons believe it or not. He's turning off quite a lot of his customers. She was going to get another EV but decided to just buy a used RAV4 and wait for what the market brings in a few yrs
yes with interest rates rising , I expect the price to drop even further towards the end of this Q or beginning of next once the demands drops
Jan 13, 2023 7:27 AM
5.2K Comments
Joined Dec 2009
SDSummerDayJan 13, 2023 7:27 AM
5.2K Comments
why not. thanks, in for one.

finally able to utilize my overbuild solar panels.

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Jan 13, 2023 7:27 AM
3.4K Comments
Joined Jun 2008
dagaduJan 13, 2023 7:27 AM
3.4K Comments
Quote from AkumaX :
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 - $66,000 -> $53,000 (-$7500 fed tax credit on base model + 7-seater but not performance)
The price went down because most features from 2022 and below are removed, including radar, ultrasonic sensors, park assist, smart summons, etc
2
Jan 13, 2023 7:27 AM
1K Comments
Joined Jan 2017
DllemmJan 13, 2023 7:27 AM
1K Comments
Quote from TofuVic :
In California, the median annual income is $33,719 for an individual and $78,672 for a household.
Source: US Census Bureau
Income averages never tell the whole story. Over 10% of the US population lives in California. I can guarantee you that the average salary is well over the cap in 50 cities or more. Very few houses are sold under $900K.
HCOL areas are snubbed by the federal government, including stimulus checks. Sorry pal, you picked the wrong place to live!
2
Jan 13, 2023 7:27 AM
179 Comments
Joined Mar 2005
vandocJan 13, 2023 7:27 AM
179 Comments
Quote from JohnJ5627 :
Keep in mind in your situation you don't qualify for 7509!it's over 55k
cap for 7 seats is $80k
Jan 13, 2023 7:27 AM
2.9K Comments
Joined Apr 2009
crazycreationsJan 13, 2023 7:27 AM
2.9K Comments
anybody thinking of asking the boss for some ot hours because tax on ot is ridiculous.
2
Jan 13, 2023 7:28 AM
4.2K Comments
Joined Nov 2017
Dealhunter30Jan 13, 2023 7:28 AM
4.2K Comments
Damn! Bought Tesla Model Y on Dec 30th for $66k..That is like $11k loss in 14 days 😬😬.. Musk has to give some enhanced autopilot for those who bought last year 😀
1
1
Jan 13, 2023 7:29 AM
199 Comments
Joined May 2020
WhatitgottabetusberyJan 13, 2023 7:29 AM
199 Comments
Quote from PocketsThick :
It's because of the economic pain coming in 2023. Car sales are going to be down this year, the layoffs are already starting to happen. Tesla is trying to push as many sales as they can before the pain starts to be felt, and they aren't able to sell units as easily.
Does that mean the price can drop more if we wait it out?
Jan 13, 2023 7:29 AM
602 Comments
Joined Nov 2016
dealgasmJan 13, 2023 7:29 AM
602 Comments
Quote from langdatayagi :
I am sure you will make 10k back in toilet paper savings 😜. Btw I am a fan of your TP calculator and miss your deals and analysis on them!
beat me to it. his name is synonymous to TP deals. good to see him here

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Jan 13, 2023 7:29 AM
127 Comments
Joined Sep 2006
dkch1968Jan 13, 2023 7:29 AM
127 Comments
Quote from JohnJ5627 :
Keep in mind in your situation you don't qualify for 7509!it's over 55k
If i read this correctly, the 7 seaters can't exceed $80K vs 5 seaters are can't exceed $55K. Pls correct me if I'm mistaken.

https://www.irs.gov/credits-deduc...3-or-after

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