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 06:42 PM
34 Posts
Joined Mar 2018
CaseCRM4Jan 13, 2023 06:42 PM
34 Posts
Quote from d0min0 :
so if i lost 20k in stocks, but made 70k at my job, i only get taxed on 50k right?
Depends if it is longer term or short term cap gains
Jan 13, 2023 06:42 PM
2,046 Posts
Joined Aug 2010
NowItsTimeJan 13, 2023 06:42 PM
2,046 Posts
Quote from roxwella :
Discounts on MAGA hats....amazing how fast he burned the $200B and the goodwill.
Lol great original take that really adds to the thread . . Anything else you want to parrot? Orange man bad too ddurrrr .
2
Jan 13, 2023 06:43 PM
509 Posts
Joined May 2018
vndragonslayerJan 13, 2023 06:43 PM
509 Posts
Quote from CaseCRM4 :
Depends if it is longer term or short term cap gains
loss is capped 3k per year regardless of how much you lost
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 06:43 PM
19,698 Posts
Joined Sep 2003
TofuVic
Expert
This user is an Expert in Tech & Electronics
Jan 13, 2023 06:43 PM
19,698 Posts
Quote from Klipsch :
I believe the savings would have been more than $13k as you wouldn't have to pay tax on $13k. It may depend on the state though.
I would have to pay tax on the $7,500 tax credit portion because it isn't a point-of-sale discount. Also, sales taxes and fees vary geographically, so I didn't want to do a breakdown of this information, as it may confuse people and may not be directly helpful to them.

Here is a screenshot of my order's Price Details, if anyone is interested. I want to help others make informed decisions by providing - hopefully - unbiased and factual information.

I hope this helps,
Tofu Vic
1
Jan 13, 2023 06:44 PM
68 Posts
Joined Oct 2010
yogipowerJan 13, 2023 06:44 PM
68 Posts
Quote from triggerhappy007 :
This starts in 2024, not this year.
Thanks. Will wait for another year. Tesla is going to keep discounting car prices considering the ramp up of new model cars.
Pro
Jan 13, 2023 06:44 PM
3,124 Posts
Joined Jul 2020
ThirstyCruz
Pro
Jan 13, 2023 06:44 PM
3,124 Posts
Quote from asianmovielover :
Picking up 2Ys, hoping to resell them when the car market skyrockets.
Haha .. I'm in for 10 so I can live off grid with no where to go
Jan 13, 2023 06:44 PM
2,046 Posts
Joined Aug 2010
NowItsTimeJan 13, 2023 06:44 PM
2,046 Posts
Before you order MAKE SURE YOU GET A INSURANCE quote . Teslas have higher premiums

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 06:46 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 13, 2023 06:46 PM
399 Posts
Quote from vndragonslayer :
loss is capped 3k per year regardless of how much you lost
This. Any net loss over $3k can just be carried forward to future years. You can't reduce your employment income $20k through capital losses.
Jan 13, 2023 06:46 PM
284 Posts
Joined Apr 2019
MondayMorningQBJan 13, 2023 06:46 PM
284 Posts
Quote from darth_fader :
Save yourself 30k and get a Bolt. Better build quality, a fraction of the price, 90% of the features, just slower and 15% less range.
The Bolt is too small
Jan 13, 2023 06:47 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 13, 2023 06:47 PM
399 Posts
Quote from MondayMorningQB :
The Bolt is too small
3 and Y are both small cars.
Jan 13, 2023 06:47 PM
13,018 Posts
Joined Nov 2008
575riderJan 13, 2023 06:47 PM
13,018 Posts
Quote from darth_fader :
Save yourself 30k and get a Bolt. Better build quality, a fraction of the price, 90% of the features, just slower and 15% less range.
When AWD?
Jan 13, 2023 06:47 PM
509 Posts
Joined May 2018
vndragonslayerJan 13, 2023 06:47 PM
509 Posts
Quote from TofuVic :
I would have to pay tax on the $7,500 tax credit portion because it isn't a point-of-sale discount. Also, sales taxes and fees vary geographically, so I didn't want to do a breakdown of this information, as it may confuse people and may not be directly helpful to them.

Here is a screenshot of my order's Price Details, if anyone is interested. I want to help others make informed decisions by providing - hopefully - unbiased and factual information.

I hope this helps,
Tofu Vic
yikes.. buyer within past 43 days in panic mode
Jan 13, 2023 06:48 PM
509 Posts
Joined May 2018
vndragonslayerJan 13, 2023 06:48 PM
509 Posts
Quote from EliteDealHunter :
This. Any net loss over $3k can just be carried forward to future years. You can't reduce your employment income $20k through capital losses.
it wont help him with his current situation regarding ira
Jan 13, 2023 06:49 PM
3,450 Posts
Joined Jun 2012
jl2672aJan 13, 2023 06:49 PM
3,450 Posts
Quote from vndragonslayer :
i know copium is kicking in high.. but were you planning to buy tesla at later date without the discount anyways?
I would never have taken delivery if I knew they were gonna dump the price $14k from its high. And the $7500 tax credit on top of that.

Sign up for a Slickdeals account to remove this ad.

Jan 13, 2023 06:49 PM
24 Posts
Joined Mar 2011
ChiliPepper101Jan 13, 2023 06:49 PM
24 Posts
Are the salary limits hard cut-offs? Or, do they fade out and provide partial credits to households above those thresholds?

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

Trending Deals