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 2,614,352 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 07:24 AM
124 Posts
Joined Apr 2004
SakiJan 13, 2023 07:24 AM
124 Posts
Did Tesla Pay Slickdeals for this ad?
2
Jan 13, 2023 07:24 AM
15 Posts
Joined Dec 2013
GrrrkingJan 13, 2023 07:24 AM
15 Posts
Still a very expensive big screen surrounded by loads of cheap plastic!!
4
Jan 13, 2023 07:24 AM
9,935 Posts
Joined Jun 2008
runtohell121Jan 13, 2023 07:24 AM
9,935 Posts
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 07:25 AM
1,004 Posts
Joined Apr 2012
LaidbackLoungerJan 13, 2023 07:25 AM
1,004 Posts
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 07:25 AM
19,698 Posts
Joined Sep 2003
TofuVic
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 07:25 AM
19,698 Posts
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 07:26 AM
7,494 Posts
Joined Jan 2009
MrDeaalsJan 13, 2023 07:26 AM
7,494 Posts
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 07:27 AM
5,079 Posts
Joined Dec 2009
SDSummerDayJan 13, 2023 07:27 AM
5,079 Posts
why not. thanks, in for one.

finally able to utilize my overbuild solar panels.

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 07:27 AM
3,388 Posts
Joined Jun 2008
dagaduJan 13, 2023 07:27 AM
3,388 Posts
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 07:27 AM
1,039 Posts
Joined Jan 2017
DllemmJan 13, 2023 07:27 AM
1,039 Posts
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 07:27 AM
179 Posts
Joined Mar 2005
vandocJan 13, 2023 07:27 AM
179 Posts
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 07:27 AM
2,883 Posts
Joined Apr 2009
crazycreationsJan 13, 2023 07:27 AM
2,883 Posts
anybody thinking of asking the boss for some ot hours because tax on ot is ridiculous.
2
Jan 13, 2023 07:28 AM
4,174 Posts
Joined Nov 2017
Dealhunter30Jan 13, 2023 07:28 AM
4,174 Posts
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 07:29 AM
138 Posts
Joined May 2020
WhatitgottabetusberyJan 13, 2023 07:29 AM
138 Posts
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 07:29 AM
566 Posts
Joined Nov 2016
dealgasmJan 13, 2023 07:29 AM
566 Posts
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

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 07:29 AM
127 Posts
Joined Sep 2006
dkch1968Jan 13, 2023 07:29 AM
127 Posts
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

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

Trending Deals