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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 10:07 PM
253 Comments
Joined Jun 2013
RK_DealsJan 13, 2023 10:07 PM
253 Comments
7 seater worth???
Jan 13, 2023 10:08 PM
225 Comments
Joined Jun 2004
se-riouslyJan 13, 2023 10:08 PM
225 Comments
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?
Yes, it uses brake fluid. And yes, it needs to be changed every 3 years. Caliper pins need to be lubed every 1-2 years in road salt areas due to (ironically) lack of mechanical brake use. Both easy to do when you're rotating tires.
Jan 13, 2023 10:08 PM
3.7K Comments
Joined Dec 2005
ArcanlawJan 13, 2023 10:08 PM
3.7K Comments
Quote from TofuVic :
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.

I hope this helps,
Tofu Vic
Similar boat - my total difference having picked up my LR in September is about $7500. I suppose I can tell myself that I've been enjoying the car all this time, and new orders won't show up until April or May, but it is a little bitter of a pill to swallow.
Jan 13, 2023 10:08 PM
509 Comments
Joined May 2018
vndragonslayerJan 13, 2023 10:08 PM
509 Comments
Quote from Core2Quad :
They are not that expensive, and gas is actually pretty cheap right now. In many big California cities for example its cheaper to run a gas car than to charge at home.
big cities california stealership still marking up lexus/and korean suvs.. goodluck buying msrp telluride or something like that
Jan 13, 2023 10:08 PM
304 Comments
Joined Oct 2022
HilariousSummer791Jan 13, 2023 10:08 PM
304 Comments
Quote from ftee123 :
But will the 7500 still be there?
Does not matter
The price right now is just a rip off price
Their their jack prices and now lowering it
Of course there will be credit.
Jan 13, 2023 10:08 PM
4.5K Comments
Joined Dec 2006
Thelnel52Jan 13, 2023 10:08 PM
4.5K Comments
Man I farked up. I didn't look at the details closely enough and let my wife order one with a sticker of $55,490. We tried to call and switch the order to another one but 2 hour wait.

Does anyone have any suggestions?
Jan 13, 2023 10:08 PM
5 Comments
Joined Aug 2018
JP510Jan 13, 2023 10:08 PM
5 Comments
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)
Much easier to use the all-time price history change Google spreadsheet: https://docs.google.com/spreadshe...f3eSY/edit
Last edited by JP510 January 13, 2023 at 02:11 PM.

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Jan 13, 2023 10:09 PM
3.7K Comments
Joined Dec 2005
ArcanlawJan 13, 2023 10:09 PM
3.7K Comments
Quote from se-riously :
Yes, it uses brake fluid. And yes, it needs to be changed every 3 years. Caliper pins need to be lubed every 1-2 years in road salt areas due to (ironically) lack of mechanical brake use. Both easy to do when you're rotating tires.
I had my last Tesla for 4 years in Western New York. Never touched the brakes.
1
Jan 13, 2023 10:09 PM
1.2K Comments
Joined Nov 2020
mattymsu25Jan 13, 2023 10:09 PM
1.2K Comments
Quote from susko :

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

100% satisfaction rate? so many lolz
Jan 13, 2023 10:09 PM
304 Comments
Joined Oct 2022
HilariousSummer791Jan 13, 2023 10:09 PM
304 Comments
Quote from vndragonslayer :
big cities california stealership still marking up lexus/and korean suvs.. goodluck buying msrp telluride or something like that
Exactly
Buying 50K electric car is dumb. The price is wayy more than a gas car unless you have extra cas to buy.
1
Jan 13, 2023 10:09 PM
25 Comments
Joined Oct 2010
babaduduJan 13, 2023 10:09 PM
25 Comments
Quote from thykra6 :
Can a Tesla pro kindly share their recommendation on the best Y optional features to get, while still qualifying for the credit? Thanks!
tesla has no option

your only option are color / 1 other wheel / tow hitch. you can get EAP / FSD after your purchase.​
Jan 13, 2023 10:10 PM
509 Comments
Joined May 2018
vndragonslayerJan 13, 2023 10:10 PM
509 Comments
Quote from HilariousSummer791 :
Exactly
Buying 50K electric car is dumb. The price is wayy more than a gas car unless you have extra cas to buy.
buying 60k lexus is dumb
buying 38k new tesla model 3 isnt.. nor is 48k model y lr
1
Jan 13, 2023 10:12 PM
535 Comments
Joined Nov 2007
pugxiwawaJan 13, 2023 10:12 PM
535 Comments
Quote from HilariousSummer791 :
Exactly
Buying 50K electric car is dumb. The price is wayy more than a gas car unless you have extra cas to buy.
Buying 50k ICE car is dumb in 2023. Those are going extinction like dinosaurs.
1
Jan 13, 2023 10:12 PM
2.2K Comments
Joined Jan 2006
suskoJan 13, 2023 10:12 PM
2.2K Comments
Quote from mattymsu25 :
100% satisfaction rate? so many lolz
yes, close to 100%. Anecdotally, I've never met anyone who wasn't satisfied and I deal with a lot of car guys

https://electrek.co/2022/06/15/te...-industry/

lolz
1

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Jan 13, 2023 10:12 PM
1.3K Comments
Joined Dec 2009
NickelAndDime007Jan 13, 2023 10:12 PM
1.3K Comments
Quote from thykra6 :
Can a Tesla pro kindly share their recommendation on the best Y optional features to get, while still qualifying for the credit? Thanks!
Basically any model y 5 seater configuration that's under 55k qualifies

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