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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 2,616,240 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 14, 2023 05:23 AM
1,900 Posts
Joined May 2004
ECarlsonJan 14, 2023 05:23 AM
1,900 Posts
Quote from BarryS7230 :
What a worthless rebate. Single caps out at $150k. Nobody buying a 60k car is making under $150k unless they're awful with money
Or very good with money. I make less than that, and it would be no problem buying one of these outright. Though I am considering other brands.
Jan 14, 2023 05:24 AM
1,063 Posts
Joined Aug 2011
bnguyen1983Jan 14, 2023 05:24 AM
1,063 Posts
I bought a BMW i4 in November since prices were comparable with Tesla. At these prices I'd highly consider the Tesla over the i4.
Jan 14, 2023 05:25 AM
560 Posts
Joined Oct 2004
dealhunt_101Jan 14, 2023 05:25 AM
560 Posts
Quote from SharpArm7549 :
I'm having a hard time wrapping my head around the repeated claims in this thread that Tesla's sales are dropping, there is no demand, nobody wants to buy them, etc.

Are these people being paid to post this B.S.? Y'all know that their year-over-year sales growth for Q4 2022 vs Q4 2021 was ~30%, right? On top of prices being ~25% higher in Q4 2022 than they were in Q4 2021?

Pretending the fact their production is finally getting closer to catching up with demand is somehow a bad thing is unbelievably stupid and disingenuous.

The sales might have slowed due to macro global factors, but this chart defies the claims that sales are dropping, and there is not demand.
Jan 14, 2023 05:28 AM
527 Posts
Joined Sep 2011
AlpineM3Jan 14, 2023 05:28 AM
527 Posts
I currently owe the IRS from last years filing about $9000. So if I buy a Tesla, can I apply the $7500 to my past due IRS balance?
1
Jan 14, 2023 05:33 AM
100 Posts
Joined Jul 2009
kingzqJan 14, 2023 05:33 AM
100 Posts
Quote from vndragonslayer :
ok, im holding back my laugh.. where can i sign up to test cars and get dealerships to pay me.. serious question
Jokes aside, I remember 5 or 6 years back, Hyundai had this promotion test driving their car gets a $100 visa gift card. I remember that because we went to a dealership nearbuy and did the test drive, but they won't sign the paperwork for the gift card because we weren't buying a car from them.
1
Jan 14, 2023 05:33 AM
3,967 Posts
Joined Feb 2013
babygdavJan 14, 2023 05:33 AM
3,967 Posts
Quote from flightxxx :
the battery pack costs 20-30k? doesnt tesla advertside the battery is good for 300k miles?
https://postimg.cc/MX8jJfyZ

Yep. Can be $20k+ for the replacement battery.

https://www.independent.co.uk/new...83369.html

Well known after one Tesla owner dynamited his instead of replacing the battery.

https://batteryuniversity.com/articles

Yep. Read up on Lithium Battery longevity and factors that prevent them from lasting forever.

https://onlinelibrary.wiley.com/d....202102917

No, No way to recycle ALL of the lithium batteries that'll show up in the dump, because there simply isn't enough recycling facilities to take all of them.

And, recycling tech isn't good enough to extract everything - every 1000lbs of battery = hundreds of pounds of toxic waste slag going into the dumps....every 8+ years.

Tesla warranty only covers first 150k miles / 8 years / 70% capacity remaining.

https://electrek.co/wp-content/up...e=1536,967

As you can see from thousands of Tesla car battery data, those batteries are often at 70% capacity well before 80k miles.
Last edited by babygdav January 17, 2023 at 09:20 PM.
Jan 14, 2023 05:33 AM
234 Posts
Joined Mar 2009
boxturtleJan 14, 2023 05:33 AM
234 Posts
Quote from AlpineM3 :
I currently owe the IRS from last years filing about $9000. So if I buy a Tesla, can I apply the $7500 to my past due IRS balance?
No, it does not work that way.

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Jan 14, 2023 05:34 AM
125 Posts
Joined Jan 2013
hungryrapanuiJan 14, 2023 05:34 AM
125 Posts
Quote from ECarlson :
Or very good with money. I make less than that, and it would be no problem buying one of these outright. Though I am considering other brands.
And then you'll still have a few million left? You'll need at least a few mil to retire comfortably unless you die from cancer or heart disease before 60. If you have kids, add a few mil more to future expense outlays.
Jan 14, 2023 05:36 AM
3,967 Posts
Joined Feb 2013
babygdavJan 14, 2023 05:36 AM
3,967 Posts
Quote from SDzZz :
What does this have anything to do with what I said?
The better return for your cash comment.
Buying/leasing a Tesla is absolutely not - not the most "efficient" ev car, so driving one is like throwing cash out the window.
Jan 14, 2023 05:40 AM
3,967 Posts
Joined Feb 2013
babygdavJan 14, 2023 05:40 AM
3,967 Posts
Quote from qphan79 :
Energy wasting large displays?? I'm more interested in the energy people put into outlandish posts like this…could save the planet right there with this type of thinking!
Human brain burns maybe 100w/hr, vs the energy needed to manufacture hundreds of thousands of energy wasting, big displays that don't contribute to user safety...

I'd say it's a better trade off to stop the Tesla buying insanity with a post.
Jan 14, 2023 05:40 AM
38 Posts
Joined Jan 2023
SharpArm7549Jan 14, 2023 05:40 AM
38 Posts
Quote from babygdav :
https://electrek.co/wp-content/up...e=1536,967

As you can see from thousands of Tesla car battery data, those batteries are often at 70% capacity well before 80k miles.
Can you link the article associated with that chart? Because based on the capacity numbers it mentions, it sounds like it's talking about first-gen Model S batteries from 11 years ago.
Jan 14, 2023 05:40 AM
7,188 Posts
Joined Apr 2008
Mr.ChinitoJan 14, 2023 05:40 AM
7,188 Posts
Quote from AlpineM3 :
I currently owe the IRS from last years filing about $9000. So if I buy a Tesla, can I apply the $7500 to my past due IRS balance?
Yes. It applies.
3
Jan 14, 2023 05:45 AM
132 Posts
Joined Dec 2007
sribeeJan 14, 2023 05:45 AM
132 Posts
Quote from vndragonslayer :
take out the towing hitch.. get it after sales
Could you explain what you mean by "after sales"? What's installation like? Did you mean "after market"?
Jan 14, 2023 05:45 AM
7,188 Posts
Joined Apr 2008
Mr.ChinitoJan 14, 2023 05:45 AM
7,188 Posts
Quote from babygdav :
https://postimg.cc/MX8jJfyZ

Yep. Can be $20k+ for the replacement battery.

https://www.independent.co.uk/new...83369.html

Well known after per Tesla owner dynamited his instead of replacing the battery.

https://batteryuniversity.com/articles

Yep. Read up on Lithium Battery longevity and factors that prevent them from lasting forever.

https://onlinelibrary.wiley.com/d....202102917

No, No way to recycle ALL of the lithium batteries that'll show up in the dump, because there simply isn't enough recycling facilities to take all of them.

And, recycling tech isn't good enough to extract everything - every 1000lbs of battery = hundreds of pounds of toxic waste slag going into the dumps....every 8+ years.

Tesla warranty only covers first 150k miles / 8 years / 70% capacity remaining.

https://electrek.co/wp-content/up...e=1536,967

As you can see from thousands of Tesla car battery data, those batteries are often at 70% capacity well before 80k miles.
150k for the model 3 SR? I'm only see 100k, but either way. I'll sell the Tesla way before the 100,000 mileage anyway.

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Jan 14, 2023 05:46 AM
7,188 Posts
Joined Apr 2008
Mr.ChinitoJan 14, 2023 05:46 AM
7,188 Posts
Quote from dealhunt_101 :
The sales might have slowed due to macro global factors, but this chart defies the claims that sales are dropping, and there is not demand.
I already know 4 people that just ordered a Tesla today within 24 hours. Demand is definitely there.

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