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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 7:38 PM
39 Comments
Joined Feb 2017
R2KBAJan 13, 2023 7:38 PM
39 Comments
Quote from happyjeryy :
The price in China is 30,000rmb, around $44,000. Considering the limitations, a lot of people cannot get the 7500 credit. The price in China is still lower than US.
Those are made in China, with cheaper Chinese labor and 95% locally-sourced materials, so of course they're cheaper.
Jan 13, 2023 7:38 PM
485 Comments
Joined Sep 2013
jakuzhiJan 13, 2023 7:38 PM
485 Comments
Nevermind, just found it in the titles.
Jan 13, 2023 7:39 PM
869 Comments
Joined Sep 2008
MonstBlitzJan 13, 2023 7:39 PM
869 Comments
Quote from Szyszka :
Negative. 2019. Electric VW Golf for about 15,000 (or less). It was huge (3,848 Replies / 769,120 Views)
Right, I'm not surprised there have been others I just didn't remember seeing them. Thanks for posting the stats on it, we can see if this one surpasses or gets close!
Jan 13, 2023 7:39 PM
4K Comments
Joined Feb 2013
babygdavJan 13, 2023 7:39 PM
4K Comments
Quote from SDzZz :
Paying cash isn't always the best way to buy a car if you can get a better return elsewhere.
But but but, there's no logic going on here at all with the purchase intent of a Tesla, an EV car. Ie. The original intent of EV cars is to save the earth by reducing energy usage and pollution vs gas cars.

But the mere fact they've included "unnecessary" things like auto pilot, absurd acceleration modes (faster = more energy wasted), energy wasting large displays, etc means most Tesla buyers aren't thinking thrift like fatwalleters used to.

And for EV, the mere fact the Tesla replacement battery costs $10k+ means purchase is typically insane vs lease.

The 4,555 lbs weight alone of this pig would have automatically warned off fatwalleters...
(Heavier weight, more energy used to move it around, more pollution...)

https://cdn.motor1.com/images/cus...210820.png
1
Jan 13, 2023 7:40 PM
64 Comments
Joined Dec 2018
NeatCrib197Jan 13, 2023 7:40 PM
64 Comments
Quote from bluetrep :
Damn, I lost $13500
Rich guy
2
Jan 13, 2023 7:40 PM
29 Comments
Joined Jan 2019
UniquePicture513Jan 13, 2023 7:40 PM
29 Comments
For local roaming why someone needs to buy this expensive EV cars? I recently had long trip from DC to Florida to Texas to Atlanta to DC, with gasoline car I had peace of mind when I calculated the same with EV it was nightmare and atleast another week increase in my vacation time, just my 2 cents
Jan 13, 2023 7:40 PM
563 Comments
Joined Dec 2012
Slayer.I.AmJan 13, 2023 7:40 PM
563 Comments
Quote from buy_now_think_later :
Anyone knows even though price is 53990 why it's not showing NJ incentive of 2k on order page?
Good question. I checked Model 3 and that is showing 2k incentive instead of the 4k. Not sure what is going on. if you figure it out please reply to my post. Ill do the same.

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Jan 13, 2023 7:41 PM
155 Comments
Joined Sep 2020
THEOHIOSTATEJan 13, 2023 7:41 PM
155 Comments
You're just repeating someone else's answer over and over. Just admit that you don't know what you're talking about.
Jan 13, 2023 7:41 PM
1.3K Comments
Joined Dec 2009
NickelAndDime007Jan 13, 2023 7:41 PM
1.3K Comments
Quote from Szyszka :
No. Brand new e-Golf for 14000 (or less in CA). It was amazing (3,848 Replies / 769,120 Views)! So is the car (still have it!)

Wave

I dumped the e-Golf same year I got it from that deal. Once winter hit, can't believe I got less than 100 miles of range.
1
Jan 13, 2023 7:42 PM
399 Comments
Joined Nov 2014
EliteDealHunterJan 13, 2023 7:42 PM
399 Comments
Quote from babygdav :
But but but, there's no logic going on here at all with the purchase intent of a Tesla, an EV car. Ie. The original intent of EV cars is to save the earth by reducing energy usage and pollution vs gas cars.

But the mere fact they've included "unnecessary" things like auto pilot, absurd acceleration modes (faster = more energy wasted), energy wasting large displays, etc means most Tesla buyers aren't thinking thrift like fatwalleters used to.

And for EV, the mere fact the Tesla replacement battery costs $10k+ means purchase is typically insane vs lease.

The 4,555 lbs weight alone of this pig would have automatically warned off fatwalleters...
(Heavier weight, more energy used to move it around, more pollution...)

https://cdn.motor1.com/images/cus...210820.png
This is true. If you really want to save the earth don't buy any cars and keep your current car until the wheels fall off. People buying Teslas are buying them because of the extras and they craving for straight line speed (they handle like crap)… if somebody really wants to buy a car that's good for the planet (if you absolutely need a new car and can't keep your current one) then buy a used hybrid.
Jan 13, 2023 7:42 PM
1.3K Comments
Joined Dec 2009
NickelAndDime007Jan 13, 2023 7:42 PM
1.3K Comments
Quote from Slayer.I.Am :
Good question. I checked Model 3 and that is showing 2k incentive instead of the 4k. Not sure what is going on. if you figure it out please reply to my post. Ill do the same.

Order page won't factor in state incentives. Once you order though, in the app, under order details they will have it included.
Original Poster
Jan 13, 2023 7:43 PM
676 Comments
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 13, 2023 7:43 PM
676 Comments
Quote from chaitant :
https://www.nytimes.com/2022/12/1...ation.html
Tesla buyers can opt out of arbitration, and preserve their right to a trial, by sending a letter to the company within a month of buying a car. But few are aware of or exercise that option, plaintiff's lawyers said.

I already sent the letter, I am just curious about what will happen next, such as receiving a confirmation.
Jan 13, 2023 7:43 PM
399 Comments
Joined Nov 2014
EliteDealHunterJan 13, 2023 7:43 PM
399 Comments
Quote from UniquePicture513 :
For local roaming why someone needs to buy this expensive EV cars? I recently had long trip from DC to Florida to Texas to Atlanta to DC, with gasoline car I had peace of mind when I calculated the same with EV it was nightmare and atleast another week increase in my vacation time, just my 2 cents
Exactly. These cars are terrible for road trips. For local use they are fine but how many people need 200+ miles range for their daily commute?
Jan 13, 2023 7:43 PM
891 Comments
Joined May 2013
SamirPDJan 13, 2023 7:43 PM
891 Comments
Quote from BraveBoundary369 :
Do Not Buy! I owned a tesla and what they do not tell you the significant increase in insurance costs. Do not even buy tesla insurance cause if you get into an accident you will get screwed. Not to mention horrible customer service and horrible designed cars. There are no loaner cars for you from tesla. Oh phathom braking!! Imagine going 65 miles per hour on highway and the car decides to break for no reason. Do not believe me watch videos of it. Oh in winter you are getting significantly less miles for each charge.
Insurance is on par with other cars in the same price category (I own non-teslas too for comparison). The Tesla insurance is better than state farm in terms of cost by a bit and because it's their insurance they know how to deal with collision repair on the car better which is why other carriers are more. Customer service can be at both ends of the spectrum, as with other car companies, but you don't need regular service so you don't need loaner cars. Never experienced phantom braking, and any device with a battery will have reduced life in a colder environment so that's just the nature of a battery powered beast.

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Jan 13, 2023 7:44 PM
265 Comments
Joined Aug 2010
T2010Jan 13, 2023 7:44 PM
265 Comments
Tesla website said $7500 rebate until March 2023, what exactly change in March?????

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