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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 2,615,719 Views
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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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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

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Jan 13, 2023 08:55 PM
509 Posts
Joined May 2018
vndragonslayerJan 13, 2023 08:55 PM
509 Posts
Quote from ThisIsDavid :
I saw the 52,990 price this morning, now the lowest I see is 55,990. Don't know if location matters, but zip is 77459 (Houston)
chose any color that is white. remove all options.. price is 52990 before destination... n bam
Jan 13, 2023 08:56 PM
15,359 Posts
Joined Sep 2009
KnightshadeJan 13, 2023 08:56 PM
15,359 Posts
Quote from psu77 :
The $55k cap is the MSRP only and excludes destination charge and any fees. It does include any options.

To be clear- is includes from-the-factory hardware options (paint, wheels)-- it does not include software options (like EAP or FSD)


Quote from ThisIsDavid :
I saw the 52,990 price this morning, now the lowest I see is 55,990. Don't know if location matters, but zip is 77459 (Houston)

are you looking at the new order page (where it is $52,990) or at the inventory page (where it might be showing you already build cars priced with options already on them?)

https://www.tesla.com/modely/design#overview

That link there should show $52,990
Jan 13, 2023 08:56 PM
8,017 Posts
Joined Oct 2006
danteshorsJan 13, 2023 08:56 PM
8,017 Posts
Quote from BrightWriter388 :
Federal Tax Credit limit (AGI) is definitely low for most Bay Area folks. Fed must take into consideration the cost of living index as well.
Yeah why even have a max income limit anyways? Does the person making 200K not deserve to save a few bucks on their taxes versus than someone making less?
Jan 13, 2023 08:56 PM
238 Posts
Joined Oct 2017
BroSanJan 13, 2023 08:56 PM
238 Posts
ready to build and order.. can someone give referral
Jan 13, 2023 08:56 PM
473 Posts
Joined May 2014
ThisIsDavidJan 13, 2023 08:56 PM
473 Posts
Quote from Knightshade :
To be clear- is includes from-the-factory hardware options (paint, wheels)-- it does not include software options (like EAP or FSD)





are you looking at the new order page (where it is $52,990) or at the inventory page (where it might be showing you already build cars priced with options already on them?)

https://www.tesla.com/modely/design#overview

That link there should show $52,990
This was my problem, thanks
Jan 13, 2023 08:57 PM
144 Posts
Joined May 2008
InexpensiveRockJan 13, 2023 08:57 PM
144 Posts
Quote from mattymsu25 :
Yep. Tesla fanboy kool aid is real spicy.
Tesla Owner Satisfaction is some of the highest, if not the highest, in the industry.
All those owners are "fanboys" I suppose.
Jan 13, 2023 08:58 PM
519 Posts
Joined Nov 2010
hocaspocasJan 13, 2023 08:58 PM
519 Posts
Quote from sandamn12 :
if you make 60k a year and buy 60k car the person is an idiot
Not everyone is as smart as you. Some people makes $60K and buy $100K car and a $1M dollar house. That is what credit and mortgage is for. Welcome to America.

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Jan 13, 2023 08:58 PM
510 Posts
Joined Jan 2013
AnsonL6358Jan 13, 2023 08:58 PM
510 Posts
Quote from Gnomeslayer :
Highly recommend if you're considering a Tesla (or any car for that matter) that you rent one for a week or two and make sure you like it. Personally did this with a Tesla in the past and I'm glad I did, because it just wasn't the car for me I decided.

Honestly I'm shocked folks make such a big purchase like a car with just a single test drive, or in the case of Tesla's that you might order online, no test drive at all! Make sure you really like the car, rent one for a couple weeks and see how it feels!
That's just common sense for every car purchase.
Jan 13, 2023 08:58 PM
15,359 Posts
Joined Sep 2009
KnightshadeJan 13, 2023 08:58 PM
15,359 Posts
Quote from MagentaScene2481 :
I thought about it for a bit, and decided that given the trajectory the company might not be there in a few years to provide service and support. No thanks.
Average 50% sales growth for almost a decade? That trajectory?

Record profits quarter after quarter? That trajectory?

Gross auto margins 3-5 times higher than the rest of the industry? That trajectory?

Total debt near zero compared to tens of billions in the rest of the industry? That trajectory?


Quote from dong888 :
You don't have to pay any subscription fee. Navi is free but without subscription, it does not have real time traffic. .

Quick clarification- without connectivity subscription the nav still has, and uses, realtime traffic to route you-- but it won't DISPLAY the traffic data on the map
Last edited by Knightshade January 13, 2023 at 02:01 PM.
Jan 13, 2023 08:58 PM
5,948 Posts
Joined Nov 2014
ftee123Jan 13, 2023 08:58 PM
5,948 Posts
Quote from MrDeaals :
Hope everyone realizes that the current price is higher than the 2021 sticker price . Making this FP was a moronic move by the SD staff
You forgot about inflation
Jan 13, 2023 08:58 PM
156 Posts
Joined Apr 2013
RevanriviaJan 13, 2023 08:58 PM
156 Posts
Quote from ThisIsDavid :
I saw the 52,990 price this morning, now the lowest I see is 55,990. Don't know if location matters, but zip is 77459 (Houston)

I'm seeing it now again on a different page. Odd
I think you're looking at inventory available for sale immediately. If you custom order, then the base price is $52990. I'm looking from Dallas, TX.
Jan 13, 2023 08:59 PM
500 Posts
Joined Jun 2008
gammahJan 13, 2023 08:59 PM
500 Posts
Wasn't there something about taking $7500 off instantly instead of doing it through Federal taxes?
Jan 13, 2023 08:59 PM
102 Posts
Joined Dec 2010
Mr.MoneygrubberJan 13, 2023 08:59 PM
102 Posts
Quote from rasel023 :
Can anyone tell me how can the price of Model Y be below 55k. I am based on Seattle and the minimum price for Model Y is $55,990.
Opting for the 7 seat option bumps the msrp limit up to $80,000. I think someone was saying that option costs $4,000.
Jan 13, 2023 08:59 PM
5,948 Posts
Joined Nov 2014
ftee123Jan 13, 2023 08:59 PM
5,948 Posts
Quote from gammah :
Wasn't there something about taking $7500 off instantly instead of doing it through Federal taxes?
That lasted only a week.

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Jan 13, 2023 09:01 PM
582 Posts
Joined Oct 2022
DeadpooleJan 13, 2023 09:01 PM
582 Posts
Quote from Knightshade :
Average 50% sales growth for almost a decade? That trajectory?

Record profits quarter after quarter? That trajectory?

Gross auto margins 4-5 times higher than the rest of the industry? That trajectory?
Current situations don't care about history. The stock price is plunging, it'll no longer be valued as a tech company, the autopilot isn't getting particularly good reviews, they're slashing prices to try and clear inventory and the company owner just turned every Tesla into a big red hat.

That trajectory. In other news, weird nerds defending Elmo are a dime a dozen.

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