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 4:18 AM

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

$52,990

$52,990

(For Qualifying Buyers)
2.7M Views
Visit Retailer
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

Top Comments

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

12.3K Comments

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 8:08 AM
4.7K Comments
Joined Nov 2010
APhamXJan 13, 2023 8:08 AM
4.7K Comments
Does anyone know how many cars/how long this credit lasts? I see in details that it says credit may change after march 2023 but I can't find any info regarding limitation in the clean air vehicle on the irs site
Jan 13, 2023 8:08 AM
14 Comments
Joined May 2022
Glade2-Pronounce-TapJan 13, 2023 8:08 AM
14 Comments
Quote from xvx :
I honestly couldn't be paid to drive a Tesla. Garbage company with a garbage CEO. Subpar craftsmanship, subpar parts, subpar experience. I'd literally drive ANY other EV.
Sallllt lyfeeeeee
1
4
Jan 13, 2023 8:08 AM
2.5K Comments
Joined May 2007
DragonflyPunchJan 13, 2023 8:08 AM
2.5K Comments
If you are considering an electric car in the future, but don't need one immediately, I would suggest that you wait a bit to see what options are coming up. There are 150 electric car models that will be released in US within the next three years. I'm sure that's part of the reason why Tesla is dropping their prices. They are the market leader in electric cars today, but luxury car makers have been doing 'luxury' better; just that they didn't have a good electric option. That is most definitely going to change soon enough. I'm not saying Tesla is a bad option, just that if you don't absolutely love Tesla, be aware that this market segment is going to explode in choices very soon.
Last edited by DragonflyPunch January 13, 2023 at 12:11 AM.
Jan 13, 2023 8:08 AM
2.3K Comments
Joined Oct 2008
flightxxxJan 13, 2023 8:08 AM
2.3K Comments
how much does it cost tesla to make a model Y? any idea if further price cuts are coming? curious what their margins are per model y
Jan 13, 2023 8:10 AM
332 Comments
Joined Aug 2017
rxdemonJan 13, 2023 8:10 AM
332 Comments
Import from china?

For sure auto market is gonna tank a bit to normal or below in couple months.
Jan 13, 2023 8:11 AM
12.2K Comments
Joined May 2007
superslickzJan 13, 2023 8:11 AM
12.2K Comments
Quote from LivelyDime2637 :
So it seems like it is better to put in a custom order instead of an inventory order?
Inventory order = vision only cars.
Custom order = radar equipped cars, as long as you get delivery by March.
How do you specify custom order vs inventory order?

What's so special about March?
Jan 13, 2023 8:11 AM
1.3K Comments
Joined Nov 2007
CrucehJan 13, 2023 8:11 AM
1.3K Comments
Quote from Glade2-Pronounce-Tap :
Sallllt lyfeeeeee
Yeah must be nice being brainwashed and not even aware of it.
4

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 8:12 AM
332 Comments
Joined Aug 2017
rxdemonJan 13, 2023 8:12 AM
332 Comments
Quote from DragonflyPunch :
If you are considering an electric car in the future, but don't need one immediately, I would suggest that you wait a bit to see what options are coming up. There are 150 electric car models that will be released in US within the next three years. I'm sure that's part of the reason why Tesla is dropping their prices. They are the market leader in electric cars today, but luxury car makers have been doing 'luxury' better; just that they didn't have a good electric option. That is most definitely going to change soon enough. I'm not saying Tesla is a bad option, just that if you don't absolutely love Tesla, be aware that this market segment is going to explode in choices very soon.
Yup all competitors are ready with multiple models and subscriptions tier stuff.
Jan 13, 2023 8:12 AM
140 Comments
Joined Aug 2006
PromitheasJan 13, 2023 8:12 AM
140 Comments
Quote from CoolTerrier809 :
My experience with tesla has been, you book your car and wait about a year before you get your car. They will tell you it's at the port, batteries are taking time due to delivery issues, and all sorts of delays. I was supposed to get my car in 3 months maximum. Now I'm driving a mach-e, don't want to deal with tesla ever again.
Ro, is that you?
Jan 13, 2023 8:12 AM
114 Comments
Joined Oct 2018
LivelyDime2637Jan 13, 2023 8:12 AM
114 Comments
Quote from flightxxx :
how much does it cost tesla to make a model Y? any idea if further price cuts are coming? curious what their margins are per model y
It costs roughly the same as it costs to make a model 3 (~$37-38k) since they share most of their platform.
1
Jan 13, 2023 8:13 AM
114 Comments
Joined Oct 2018
LivelyDime2637Jan 13, 2023 8:13 AM
114 Comments
Quote from superslickz :
How do you specify custom order vs inventory order?

What's so special about March?
EV tax credit is getting revised in March. So there will be additional rules on what does and doesn't qualify (and who does and doesn't).
Jan 13, 2023 8:14 AM
509 Comments
Joined May 2018
vndragonslayerJan 13, 2023 8:14 AM
509 Comments
does he get to bill you if he increases his price? just asking
Quote from Dealhunter30 :
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
Jan 13, 2023 8:14 AM
340 Comments
Joined Mar 2017
ThegoodslitJan 13, 2023 8:14 AM
340 Comments
Quote from crazycreations :
soooo... for $45,490?

Vehicle Price
$52,990
Destination fee
$1,390
Order fee
$250
Your Model Y
$54,630
Excluding taxes & other fees

Your design qualifies for a $7,500 federal tax credit for eligible buyers.

See Details
I thought dealers give the credit right away? Does Tesla make you wait till tax season?
Jan 13, 2023 8:16 AM
2.7K Comments
Joined Jun 2007
89turboiiJan 13, 2023 8:16 AM
2.7K Comments
That's FL5 money right there.

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 8:16 AM
178 Comments
Joined Aug 2007
AraexJan 13, 2023 8:16 AM
178 Comments
Quote from Thegoodslit :
I thought dealers give the credit right away? Does Tesla make you wait till tax season?
I can't imagine any dealers will give credit right away because everyone's eligibility is different.

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

Related Searches

Popular Deals

Trending Deals