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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 2,615,416 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 09:30 PM
189 Posts
Joined Nov 2007
freshwaterJan 13, 2023 09:30 PM
189 Posts
Quote from javierj1455 :
I'm having second thoughts and thinking of cancelling my order. Do I get the $250 order fee back? I order less than 12hrs ago
No. Your Deposit is non refundable if you cancel the order now.
Jan 13, 2023 09:31 PM
9 Posts
Joined Mar 2022
livinallin5Jan 13, 2023 09:31 PM
9 Posts
Apologies if already asked but 127 pages to look through - does the $7500 tax credit still apply if you lease one and not loan/monthly payments?
Jan 13, 2023 09:34 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 13, 2023 09:34 PM
532 Posts
Quote from FishKilla :
Tell that to all of the people who bought last month LOL

They have a demand problem, simple.
They have demand problem at 66k with IRA 7500 uncertainty. They won't have demand problem at 53k.
Jan 13, 2023 09:34 PM
189 Posts
Joined Nov 2007
freshwaterJan 13, 2023 09:34 PM
189 Posts
Anyone buying or leasing MY for first time then check the insurance first. You will be surprise how much it cost to insure EV and specially MY.
Jan 13, 2023 09:34 PM
438 Posts
Joined Nov 2011
jmoneyfhJan 13, 2023 09:34 PM
438 Posts
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.
It's like you bought a Buick or something.
Jan 13, 2023 09:35 PM
1,397 Posts
Joined Jul 2014
dealdigger101Jan 13, 2023 09:35 PM
1,397 Posts
Lol posting this on SD like it's a deal,sorry Tofu Vic but why are you guys buying a substandard car from a maniac when there are so many other options with subsidies?
Are you all so high on Musk that are able to look past this crappy product and the way this guy is ruining everything he touches.
1
Jan 13, 2023 09:38 PM
6 Posts
Joined Jan 2014
KimochiiiiiiJan 13, 2023 09:38 PM
6 Posts
Quote from freshwater :
Anyone buying or leasing MY for first time then check the insurance first. You will be surprise how much it cost to insure EV and specially MY.
$800 with statefarm here in Nyc. Lower than my highlander

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Jan 13, 2023 09:38 PM
266 Posts
Joined Feb 2021
LightProtectorJan 13, 2023 09:38 PM
266 Posts
Quote from supernoman :
did you buy tesla stock at peak?
Buy high, sell low
2
Jan 13, 2023 09:39 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 13, 2023 09:39 PM
532 Posts
Quote from Core2Quad :
Constant range anxiety and constantly need to plan your route, what if you want to just go out and about and drive in some more remote areas? Constant worry. I did a 5 hour drive recently to pick something up, about 2.5 hours each way no stops. It would have been so much less enjoyable to have to stop and charge for 30-40 minutes. I'd rather just get home. These cars just don't make any sense, I'm baffled by the lack of PHEV's on the market. 95% of people drive less than 50 miles a day. Why not run a PHEV and 95% of the time you are on pure electric. Then when you need the range on a long trip, you have it without worry. A friend of mine had a Y for a few months and hated it. He also wasn't getting nearly the advertised range. He sold it and got a gas Lexus SUV. Oh and also, unless you are in a state that has Tesla insurance, insurance rates on these Tesla's are 2-3x the equivalent gas car. $3-5K isn't uncommon for annual premium for a Tesla. Many times super chargers are just as expensive as gas. I just don't understand.
That's actually the advantage of Tesla with its SC network and built that into navigation. It takes guess work and anxiety out of road trip. Just follow the exact suggestion for stops 15-20 min after 2-3 hours of drive (which you need bathroom break, stretch...etc). It's super simple. Other EVs can't do that.

PHEV is actually not great for daily 25-50 miles driving. With its tiny battery that means 1) very little power from EV side and 2) you have to plug in to charge every single day. And if not, you go back to gas and lose the advantage. It's actually the worst of both worlds.
1
Jan 13, 2023 09:40 PM
5 Posts
Joined Dec 2014

This comment has been rated as unhelpful by Slickdeals users.

Jan 13, 2023 09:40 PM
189 Posts
Joined Nov 2007
freshwaterJan 13, 2023 09:40 PM
189 Posts
Quote from livinallin5 :
Apologies if already asked but 127 pages to look through - does the $7500 tax credit still apply if you lease one and not loan/monthly payments?
No. Tesla is not passing the $7500 tax credit for leasing. If they do then that will be an instant credit not that you apply in 2024 tax return. Very few manufacturers give you credit on lease. E.g Jeep 4xe plug in hybrid
Jan 13, 2023 09:41 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 13, 2023 09:41 PM
399 Posts
Quote from wyrobeck :
Does this come with the penis removal surgery or do you need to have that done before purchase?
Before… they do a check at the time of delivery.
Jan 13, 2023 09:41 PM
1,207 Posts
Joined Nov 2020
mattymsu25Jan 13, 2023 09:41 PM
1,207 Posts
lolz on the $14k depreciation in 1 month. These cars are worth $25-30k tops.
Jan 13, 2023 09:42 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 13, 2023 09:42 PM
532 Posts
Quote from wyrobeck :
Does this come with the penis removal surgery or do you need to have that done before purchase?
You can let us know since you are speaking from experience.

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Jan 13, 2023 09:42 PM
6,016 Posts
Joined Mar 2006
Core2QuadJan 13, 2023 09:42 PM
6,016 Posts
Quote from vndragonslayer :
i mean he can do that.. or if you're smart.. just buy the cheap tesla.. and when u want to go on a road trip.. just do a rental... how often u gonna do long trips cross country?
So pay for battery capacity, added weight and range you won't use 99% of the time, then pay more money to rent. Insane. These cars are a mistake. I'm hoping hydrogen or cars where you refuel electrolyte instead of recharging. Not enough lithium in the world to make everyone drive EV's anyways.
1

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