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 2,614,435 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 08:32 AM
2,090 Posts
Joined Mar 2013
LamePeopleBlameJan 13, 2023 08:32 AM
2,090 Posts

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

Quote from Dnewwen :
This sort of makes me feel cheated. I took delivery on New Year eve. Basically, my car depreciated 14k in 12 days.
Think about it this way. If they raised the price by 10 after you took delivery you aren't going to owe them 10k similarly..
1
Jan 13, 2023 08:32 AM
28 Posts
Joined Mar 2013
luckymangoJan 13, 2023 08:32 AM
28 Posts
Would the model 3 Performance qualify for the $7500 tax credit? The IRS website did not include this model. https://www.irs.gov/credits-deduc...3-or-after
Jan 13, 2023 08:36 AM
14 Posts
Joined May 2010
osulu91Jan 13, 2023 08:36 AM
14 Posts
Tesla is discounting cars because they are losing market share, their stock price is tanking, and they're realizing their car is no longer special as other EVs come to market. Good luck
1
Jan 13, 2023 08:36 AM
410 Posts
Joined Nov 2014
zmm61Jan 13, 2023 08:36 AM
410 Posts
How about 6000 upgrade and 15000 auto pilot upgrade? necessary?
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 08:37 AM
19,698 Posts
Joined Sep 2003
TofuVic
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 08:37 AM
19,698 Posts
Quote from ssrini20 :
But didn't you get the $7500 credit?
To be eligible for the tax credit, the delivery must be taken on 01/01/2023 or later. I took my delivery on 12/29/2022, so I wasn't eligible.

I hope this helps,
Tofu Vic
Jan 13, 2023 08:37 AM
125 Posts
Joined May 2017
KeenDJan 13, 2023 08:37 AM
125 Posts
Quote from luckymango :
Would the model 3 Performance qualify for the $7500 tax credit? The IRS website did not include this model. https://www.irs.gov/credits-deduc...3-or-after [irs.gov]
Oops, thought it's MY. M3P is eligible it seems, according to Tesla's website.
Last edited by KeenD January 13, 2023 at 01:53 AM.
Jan 13, 2023 08:38 AM
1,564 Posts
Joined May 2018
mintblue3411Jan 13, 2023 08:38 AM
1,564 Posts
Quote from zmm61 :
How about 6000 upgrade and 15000 auto pilot upgrade? necessary?
No no no. Autopilot is a scam.
1

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 08:39 AM
84 Posts
Joined Dec 2014
ugotbonedJan 13, 2023 08:39 AM
84 Posts
Quote from Sreeni06 :
There is no way to return? If not registered as well?
Again this is just for the base version of the car. If you chose any upgrades you are out.
1
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 08:40 AM
19,698 Posts
Joined Sep 2003
TofuVic
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 08:40 AM
19,698 Posts
Quote from KeenD :
It's just another Model 3. Only 7 seats Model 3 P qualify
Model 3 does not have a 7-seat option. For Model Y, which does have a 7-seat option, is it eligible as long as it's under $80,000.

(Note: Model Y Long Range has a 7-seat option, but the Performance does not; the Performance used to have the option at time of order, but Tesla removed it and never shipped any Performance with 7 seats.)

I hope this helps,
Tofu Vic
Last edited by TofuVic January 13, 2023 at 11:37 AM.
Jan 13, 2023 08:40 AM
87 Posts
Joined Nov 2012
Dang19Jan 13, 2023 08:40 AM
87 Posts
Does it have to be 2022 tax year or can I claim the credit next year (2023 tax year)? I wouldn't meet the income requirement if it was last year. Thank you for your help
Jan 13, 2023 08:41 AM
63 Posts
Joined Mar 2010
brucelee24Jan 13, 2023 08:41 AM
63 Posts
I bought one in August 2022. It was $12,000 cheaper than the current list price at the time because I ordered it a year ago. Now the price is $1000 cheaper than my purchase price Frown and I didn't get any super charge miles. The only redeeming note is that my car had the new matrix headlights on a Long Range version and the car still had the sensors on the bumpers which was removed in the 2023 models. I do like the car.
1
Jan 13, 2023 08:41 AM
1,842 Posts
Joined May 2005
liquid_celicaJan 13, 2023 08:41 AM
1,842 Posts

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

Let me say that those that don't own an EV but are claiming the numerous options there are that is as capable as a Tesla have never experienced one themselves. Charging is a MAJOR factor in owning a Tesla. I've had 4 friends that either had the volt, the bolt, or the leaf and ended up with a model 3. They've simply come to the realization that it's way nicer to charge for 15 mins nearly anywhere with population then rush finding an EVGO or chargepoint and still have to wait 2 hours to reach the next stop. So yes, lucid and Id.4 are nice but practically speaking you'll grow tired of it's charging limitations over time
1
2
Jan 13, 2023 08:42 AM
13 Posts
Joined Aug 2014
RockyBazingaJan 13, 2023 08:42 AM
13 Posts
Quote from TofuVic :
To be eligible for the tax credit, the delivery must be taken on 01/01/2023 or later. I took my delivery on 12/29/2022, so I wasn't eligible.

I hope this helps,
Tofu Vic
I mean, you got $7500 credit from Tesla directly right? I did as I picked mine on the 24th. I am also in the same boat as you. I think we lost around 5k.
Jan 13, 2023 08:44 AM
1,338 Posts
Joined Feb 2020
GreySwing658Jan 13, 2023 08:44 AM
1,338 Posts
Quote from yellowsportster888 :
The $7500 tax credit has income caps for individual and joint filers so eligibility is not as easy as people think, unless you want to take a chance with playing with the IRS. For I think for a good number of people who buy Tesla's, their income is over the cap so the tax credit is not applicable. Feel free to look up the exact amounts for the caps to see if it applies to you or not.
It'd be cool if you just get that info instead of speculating about it.

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 08:44 AM
33 Posts
Joined Dec 2010
BouncerJan 13, 2023 08:44 AM
33 Posts
Battery swap, $20,000... no thanks.
3

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

Trending Deals