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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 14, 2023 12:20 AM
4.8K Comments
Joined Jan 2007
geoffkinJan 14, 2023 12:20 AM
4.8K Comments
Quote from Frank_Nitty :
There aren't enough charge stations to realistically adopt an electric vehicle to drive cross country compared to gas fueled vehicles.
How often do you drive across the country? I feel sorry for you, I fly.
2
Jan 14, 2023 12:20 AM
516 Comments
Joined Aug 2006
hacker12Jan 14, 2023 12:20 AM
516 Comments
tempting .. in for one.. thank op
Jan 14, 2023 12:22 AM
280 Comments
Joined Nov 2014
LegosandmcgrewJan 14, 2023 12:22 AM
280 Comments
Quote from pugxiwawa :
If you care about safety of your kids (teenage driver) or your family, I really strongly suggest you drive a Tesla. I'm half joking and half not. I see so many accidents with fatalities that could've been prevented had it been a Tesla. Forget about all other features. Safety is top priority and Tesla is no question number 1 in that category. Make sure you watch some NTHSA or Euro NCAP crash test on YouTube to compare. You would be amazed.

Do you know:
- your Tesla will preemptive tighten seat belt if it senses crash that's inevitable. That is better to brace your body for impact which results in less severe injury
- your Tesla will preemptive deploy airbag if it sense crash is inevitable, again reduce impact and body injury.

Both of these features came with over the updates just last few months. Show me another manufactures can improve safety of your car through these updates. No one can do this.
Both of those are nonsense.

Seat belt pre-tensioners are in all new cars, even shitty econoboxes have them. EDIT: Tesla uses the same pre-tensioners as everyone else. They are activated by an explosive charge via an impact sensor.

Source for the preemptive airbag deployment? That is completely unnecessary. Do you understand how an airbag works?
Last edited by Legosandmcgrew January 13, 2023 at 04:28 PM.
Jan 14, 2023 12:23 AM
337 Comments
Joined Feb 2009
RayfireJan 14, 2023 12:23 AM
337 Comments
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.
Don't check the existing inventory (cause I see what you mean by using a local zip code) but use the custom order link, that will show you the newly decreased price.
Jan 14, 2023 12:23 AM
3.2K Comments
Joined Jan 2004
warlock110Jan 14, 2023 12:23 AM
3.2K Comments
Quote from vndragonslayer :
for the poors in cali.. u can get $17k, semi poors $15k, $9k for everyone else
clean cars for the poor with junk removal $9500
tax credit 7500
cvrp 2000+additional $5500 for the poors

math it yourself

what's clean car for the poor?
Jan 14, 2023 12:24 AM
1.4K Comments
Joined Jul 2007
euuser230056Jan 14, 2023 12:24 AM
1.4K Comments
Quote from Knightshade :
The "stale" model Y was the 6th best selling vehicle in the US in 2022.

Sales were up 32.4% year over year.

Everything in the top 5 sales were DOWN year over year.

https://www.cnbc.com/2023/01/07/a...%20sellers.



In November of 2022 the "stale" Model Y became the best selling car... of any kind.. in Europe-
https://insideevs.com/news/628665...-november/




No, it couldn't, since FSDb doesn't work in parking garages.

Though as we saw from the dude who intentionally drove his Tesla off the cliff, you'd probably survive even if it did Smilie





No, there won't. Lawyers only file suits there's at least SOME legal basis for. There's none here- and 0 money to be had for the lawyers.

Hell at legacy dealers some people pay thousands more for the same car the same day as someone else because they don't negotiate as well.
I agree there is no worthwhile case here.

I do wonder about backlash though. I'm not sure anything like this has happened before, where you could buy a popular car for over $20000 less* that it would have cost you a couple of weeks prior.

*including the tax credit that it is now eligible for.
Jan 14, 2023 12:27 AM
39 Comments
Joined Feb 2016
lionjtsJan 14, 2023 12:27 AM
39 Comments
Tesla will be adding new radar sensors within few weeks or maybe months.
Wonder if they are trying to get rid of all the models without radar before release models with new radar sensors.

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Jan 14, 2023 12:28 AM
15.4K Comments
Joined Sep 2009
KnightshadeJan 14, 2023 12:28 AM
15.4K Comments
Quote from the_redwood :
I agree there is no worthwhile case here.

I do wonder about backlash though. I'm not sure anything like this has happened before, where you could buy a popular car for over $20000 less* that it would have cost you a couple of weeks prior.

*including the tax credit that it is now eligible for.

Tesla was offering a $7500 knock-off in late December, so it's "only" the 13k price cut that is net cheaper here.... (and for those who don't qualify for the new tax credit, the price gap between getting the 7500 off and the 13k price cut is even smaller, about 5.5k)


But as I mention, gaps in the 5-10k range in price are common even the same day at legacy dealers. Back when I got my Lexus I paid about 10k under MSRP, but I'm sure some other sucker paid sticker price..... not to mention especially the last 1-2 years legacy dealers were commonly marking cars up 10-20k (or more!) higher than msrp

https://insideevs.com/news/590922...ng-markup/

That's a dealer who added -100 percent- to the price of an F-150 EV for example.


At least with Tesla you know everybody paid the same price you did on the same day, even if it could change tomorrow.





Quote from Legosandmcgrew :
Both of those are nonsense.


Source for the preemptive airbag deployment? That is completely unnecessary. Do you understand how an airbag works?

Do you?

Because pre-triggering the bag has been found to be highly effective in improving performance. Here's a study from the NHTSA website

https://www-esv.nhtsa.dot.gov/Pro...9-0229.pdf

Quote from Study conclusion :
The activation of irreversible restraint systems
significantly before the collision arises remarkable
potential for the reduction of the injury risk of the
frontal car occupant
Last edited by Knightshade January 13, 2023 at 04:31 PM.
Jan 14, 2023 12:28 AM
248 Comments
Joined Apr 2014
JediAhsokaTanoJan 14, 2023 12:28 AM
248 Comments
I'll wait until base model hits 42k again
Jan 14, 2023 12:29 AM
535 Comments
Joined Nov 2007
pugxiwawaJan 14, 2023 12:29 AM
535 Comments
Quote from Legosandmcgrew :
Both of those are nonsense.

Seat belt pre-tensioners are in all new cars, even shitty econoboxes have them. EDIT: Tesla uses the same pre-tensioners as everyone else. They are activated by an explosive charge via an impact sensor.

Source for the preemptive airbag deployment? That is completely unnecessary. Do you understand how an airbag works?
They are activated by camera. Which ones have similar feature can preemptive tighten before Tesla?
Jan 14, 2023 12:29 AM
509 Comments
Joined May 2018
vndragonslayerJan 14, 2023 12:29 AM
509 Comments
Quote from warlock110 :
what's clean car for the poor?
https://cleanvehiclerebate.org/en...calculator

cali only.. plug in your info and find out
Jan 14, 2023 12:30 AM
170 Comments
Joined Jan 2014
Shihx79Jan 14, 2023 12:30 AM
170 Comments
Stupid question but wanted to be sure. I ordered the Model Y LR with Grey Metallic Paint and Towing Hitch, price come out to be $54,990…this means I will qualify for the $7,500 rebate right? There is $1300 destination fees and $250 fees which if include would bump me over that limit.
Jan 14, 2023 12:30 AM
331 Comments
Joined Sep 2016
bitinabyteJan 14, 2023 12:30 AM
331 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
The cap to qualify is $55,000 so $59,630 wouldn't qualify anyway, right?
Jan 14, 2023 12:31 AM
635 Comments
Joined Nov 2005
PinchyJan 14, 2023 12:31 AM
635 Comments
Legs......

Quote from warlock110 :
what's clean car for the poor?

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Jan 14, 2023 12:31 AM
16 Comments
Joined May 2012
NashaaronJan 14, 2023 12:31 AM
16 Comments
Quote from Shihx79 :
Stupid question but wanted to be sure. I ordered the Model Y LR with Grey Metallic Paint and Towing Hitch, price come out to be $54,990…this means I will qualify for the $7,500 rebate right? There is $1300 destination fees and $250 fees which if include would bump me over that limit.
Yes you qualify given you get the delivery before IRS make battery rules applicable.

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