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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 2,616,092 Views
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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 10:01 PM
2,899 Posts
Joined Jan 2011
WifeCallsMeCheapJan 13, 2023 10:01 PM
2,899 Posts
I'll be selling my Toyota Prius Prime to pick up a new Tesla Model Y long range. Thank you, Elon!
1
Jan 13, 2023 10:02 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 13, 2023 10:02 PM
399 Posts
Quote from marygpt :
This car is a game changer. Spend a week in it and you will have a hard time going back
Disagree. I sold two and went back to ICE vehicles. Tesla is overhyped beyond belief.
2
Jan 13, 2023 10:02 PM
304 Posts
Joined Oct 2022
HilariousSummer791Jan 13, 2023 10:02 PM
304 Posts
2023 is going to be a very bad year for Telsa. Gas price goes down. Food & over services went up

Only rich ass people willl buy Telsa in 2023

Their stock will tank further.
4
Jan 13, 2023 10:02 PM
9,681 Posts
Joined Apr 2006
TnycJan 13, 2023 10:02 PM
9,681 Posts
Quote from R2KBA :
Not much maintenance at all. Tires, wiper blades, and wiper fluid. Nothing else really. Brakes should last 120k-200k miles easily, thanks to regenerative braking doing most of the work.
Wow..and here I am about to change my thermostat and do a radiator flush on my Accord. What about brake fluid? Does it even use brake fluid?
Jan 13, 2023 10:03 PM
304 Posts
Joined Oct 2022
HilariousSummer791Jan 13, 2023 10:03 PM
304 Posts
Quote from BrokePanda :
I'll be selling my Toyota Prius Prime to pick up a new Tesla Model Y long range. Thank you, Elon!
Bad idea to buy it now. It will drop 10K more in 2023. The price is right now not discounted.
1
Jan 13, 2023 10:03 PM
77 Posts
Joined Nov 2015
Sreeni06Jan 13, 2023 10:03 PM
77 Posts
Quote from Learo :
In the state of Washington I think the law is 72 hours you can rerun the vehicle after purchase.
Hmm.. most ppl brought in Dec got screwed up. I too feel bad about this.. I have to waited for 15days..
Jan 13, 2023 10:03 PM
304 Posts
Joined Oct 2022
HilariousSummer791Jan 13, 2023 10:03 PM
304 Posts
Quote from AkumaX :
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 - $66,000 -> $53,000 (-$7500 fed tax credit on base model + 7-seater but not performance)
Bad idea to buy it now. It will drop 10K more in 2023. The price is right now not discounted.
2

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Pro
Jan 13, 2023 10:04 PM
2,154 Posts
Joined Jan 2006
susko
Pro
Jan 13, 2023 10:04 PM
2,154 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.
You don't understand because you have endless preconceived opinions. Your entire post is either exaggerated or simply wrong--and most people that "just don't get it" are cut from the same cloth.

What range anxiety and "constant worry"? Have you owned a 300mile range EV with a large, fast charging network in the unlikely event you're going on a road trip? How often are you driving 5 hours to "pick something up"? Is it that hard to stop at a supercharger in that scenario? And if you're driving 5 hours to pick something up very often, I'm genuinely sorry for you (and then you followed that up by saying 95% of people drive less than 50 miles a day). classic

Your friend had a Y for a few months and hated it? Are you sure lol? The satisfaction rate on these things is close to 100%. Lexus eh? That's the hottest brand in the game rn laugh out loud

Have you owned a Tesla to speak about insurance? I've registered my M3P in CA, ID, and now CO. It's cheaper to insure than our other car, a 2 series. So..... Confused

And superchargers are not meant for charging on a daily basis like gas stations are. They're a convenience for road trips. You "fill up your car" at home overnight, at a fraction of the cost of gas. If you don't have your own house or parking garage that let's you plug in, then an EV is probably not the best option.
Last edited by susko January 13, 2023 at 03:06 PM.
1
Jan 13, 2023 10:05 PM
2,138 Posts
Joined Sep 2022
norcal007Jan 13, 2023 10:05 PM
2,138 Posts
Quote from Mydiscover :
Alot of trolls will tell you anything on SD. BTW I make $ 9 million a year and go on $1 million vacays.
Haha..sure you do.
Jan 13, 2023 10:05 PM
5,948 Posts
Joined Nov 2014
ftee123Jan 13, 2023 10:05 PM
5,948 Posts
Quote from HilariousSummer791 :
Bad idea to buy it now. It will drop 10K more in 2023. The price is right now not discounted.
But will the 7500 still be there?
Jan 13, 2023 10:06 PM
1 Posts
Joined Dec 2021
PurpleTexture942Jan 13, 2023 10:06 PM
1 Posts
Quote from supernoman :
And tesla just dropped base model Y 13K and you still get 7500 back during taxes.
Don't forget to minus the free 10K miles supercharging.
Jan 13, 2023 10:06 PM
22 Posts
Joined Oct 2010
peter5623Jan 13, 2023 10:06 PM
22 Posts
Quote from discostu :
When is it expected for them to reincorporate radar back into their cars?
never
Jan 13, 2023 10:06 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 13, 2023 10:06 PM
532 Posts
Quote from Tnyc :
Wow..and here I am about to change my thermostat and do a radiator flush on my Accord. What about brake fluid? Does it even use brake fluid?
No need to change brake fluid. You would barely use brake so it will last almost forever.
Jan 13, 2023 10:06 PM
132 Posts
Joined Jun 2008
thykra6Jan 13, 2023 10:06 PM
132 Posts
Can a Tesla pro kindly share their recommendation on the best Y optional features to get, while still qualifying for the credit? Thanks!

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Jan 13, 2023 10:07 PM
5 Posts
Joined Aug 2018
JP510Jan 13, 2023 10:07 PM
5 Posts
Too much work to use Wayback. There is a detailed Tesla all-time price history spreadsheet that everyone uses here: https://docs.google.com/spreadshe...f3eSY/edit
Last edited by JP510 January 13, 2023 at 03:10 PM.

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