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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 14, 2023 06:10 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 14, 2023 06:10 PM
532 Posts
Quote from crg5980 :
It would be hard for me to swallow that $20,000 of the cost of this vehicle is just the battery alone.
Battery is warranty 8 years 120k miles. Why you worry about it? And there are plenty of tests done for people who drive last 120k and battery only has 15-20% degradation. It's like worrying about paying for engine replacement after 8 years when you are shopping for ICE car.
Jan 14, 2023 06:10 PM
31 Posts
Joined Dec 2014
g007bondJan 14, 2023 06:10 PM
31 Posts
Quote from pugxiwawa :
Just need to change tires, windshield wiper and add fluid. No other maintenance needed.
I was told you have to have a car alignment once a year because of the weight of the car
Jan 14, 2023 06:10 PM
585 Posts
Joined Nov 2014
1CheapSOBJan 14, 2023 06:10 PM
585 Posts
Ordered!
Jan 14, 2023 06:11 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 14, 2023 06:11 PM
399 Posts
Quote from dealhunt_101 :
I was exactly in the same boat. Was considering a 2021 certified RX350, which I could have bought for around 45-46k. Over 12 years/100k miles, it would have cost me 30k in gas and maintenance, and assumed zero salvage value. A total lifetime cost of ~75k.


Model Y at 46k (after 7.5k federal + 2k NJ credit), over 12 years/100k miles will cost me 12-14k in charging and maintenance, for a lifetime cost of ~60k. Hard to ignore the cost saving.
The Lexus would be much more comfortable and reliable to drive. Cost difference would be worth it.
1
Jan 14, 2023 06:12 PM
585 Posts
Joined Nov 2014
1CheapSOBJan 14, 2023 06:12 PM
585 Posts
Quote from EliteDealHunter :
Irrelevant. Model 3 is boring compared to the real M3. Good car for A to B transportation but nothing like the BMW in terms of driving enjoyment.
Bmw = douche
1
Jan 14, 2023 06:12 PM
585 Posts
Joined Nov 2014
1CheapSOBJan 14, 2023 06:12 PM
585 Posts
Quote from neo_ny :
No sales tax and additional $2k NJ credit is a very tempting proposition in NJ I would agree. Are there no strings attached for the NJ credit? I'm wondering if there is someway to leverage this as my sister currently lives in NJ but she is moving out of state at the end of the month ...
Yea, but you live in Jersey...yikes
1
3
Jan 14, 2023 06:13 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 14, 2023 06:13 PM
399 Posts
Quote from 1CheapSOB :
Bmw = douche
Can't argue there but unfortunately Tesla has become more of the douche symbol as well. A lot more.

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Jan 14, 2023 06:13 PM
37,844 Posts
Joined May 2007
rrc06Jan 14, 2023 06:13 PM
37,844 Posts
Quote from EliteDealHunter :
Irrelevant. Model 3 is boring compared to the real M3. Good car for A to B transportation but nothing like the BMW in terms of driving enjoyment.
M3P or plaid > m3 dead dinosaur burner any day.
3
Jan 14, 2023 06:13 PM
778 Posts
Joined Oct 2011
markng25Jan 14, 2023 06:13 PM
778 Posts
Quote from anhdongtx :
You are not the only one but many people I know that make over 100K have a 50K car
By the way we (myself and extended family members that I know of) always purchased vehicles outright and never financed.
Jan 14, 2023 06:14 PM
37,844 Posts
Joined May 2007
rrc06Jan 14, 2023 06:14 PM
37,844 Posts
Quote from g007bond :
I was told you have to have a car alignment once a year because of the weight of the car
Nope. Had my S for 7+ didn't need a yearly alignment
Jan 14, 2023 06:14 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 14, 2023 06:14 PM
399 Posts
Quote from rrc06 :
M3P or plaid > m3 dead dinosaur burner any day.
Nah… I've owned M3P and BMW. Sold the M3P. Fun car if you like to just floor it and not be engaged in the experience. BMW drives much much better as an actual driver's car.
Jan 14, 2023 06:15 PM
586 Posts
Joined Jan 2007
dtwizzyJan 14, 2023 06:15 PM
586 Posts
Quote from madmoney1 :
How reliable is their Est. Delivery date? Want to make sure it gets delivered by March. I'm only interested in buying because of the $7500 tax credit
Yea I have the same concern
Jan 14, 2023 06:16 PM
37,844 Posts
Joined May 2007
rrc06Jan 14, 2023 06:16 PM
37,844 Posts
Quote from EliteDealHunter :
Nah… I've owned M3P and BMW. Sold the M3P. Fun car if you like to just floor it and not be engaged in the experience. BMW drives much much better as an actual driver's car.
Same argument the 911 owners use. I get it. Some people just like the feel and the exhaust note.

Very subjective imo. My last car was a 6 speed MT too before i bought an S. Koenigsegg loves his model S as well btw, so does Leno.

There's a reason why Lambo Ferrari etc killed off the manual transmission option in their cars years ago
Jan 14, 2023 06:16 PM
566 Posts
Joined Sep 2020
MagentaFruit531Jan 14, 2023 06:16 PM
566 Posts
Quote from R1SK :
Sorry still overpriced, tm3 was priced 35,000 for the base model in 2019 with the original $7500 credit. See attached.
You are correct. I was considering getting a Tesla in 2019 when price was around $35k. Felt it was a high and hope it would come down due to Covid later in the year. That never happened and price just rose from that time. Those were the days!

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Jan 14, 2023 06:17 PM
31 Posts
Joined Dec 2014
g007bondJan 14, 2023 06:17 PM
31 Posts
The car hast to get in the 20,000 range for people that doesn't make that much money until then it's gonna be a while to you see a lot of them on the road.
1

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