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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 2,616,999 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 09:41 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 14, 2023 09:41 PM
2,409 Posts
Quote from F1Racer :
why is it that why every few years (recession or pandemic included) ICE mannies come back to get handouts from the US people?
You are asking this question in 200 pages long thread about $7500 EV credit?
1
Jan 14, 2023 09:41 PM
1,286 Posts
Joined Jan 2008
mankuJan 14, 2023 09:41 PM
1,286 Posts
Quote from EliteDealHunter :
This is true. People that can afford Porsche are buying Porsche. Porsche to Tesla is a major downgrade. If you don't understand that then it explains why you think Tesla is the best car ever.
I guess that's why Jay Leno...who knows more about cars than anyone here, and owns between $50-100 million dollars worth of them, drives a Tesla as his daily driver. Oh, and the only time he went into Tesla service in 7 years was for a flat.

But he's probably lying to boost his TSLA shares, right?

Go ahead and Google the WSJ and Jay Leno for the full interview....it was only published 6 weeks ago.

3
Jan 14, 2023 09:44 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 14, 2023 09:44 PM
2,409 Posts
Quote from manku :
Oh, and the only time he went into Tesla service in 7 years was for a flat.
Because other 99 times his assistants did it for him?
1
2
Jan 14, 2023 09:50 PM
6,303 Posts
Joined Jul 2008
F1RacerJan 14, 2023 09:50 PM
6,303 Posts
Quote from AlexK6706 :
Who's losing marketshare buddy? What market share did EV cars have before tesla? Confused

Ferdinand Porsche's first car was electric and he dumped it because it made no sense. Let's see what kind of market share (or price) Tesla will have when legit car makers join the party.

People who think that tesla is a luxury sports car never drove one.
It's call market distruption.
If it was soo status quo & gas is still selling why the angst?

Is this like you denying climate change cause there were no humans documenting it on paper before you arrived the last few years?

So Legit car makers have been around for Tesla's entire mass production entry & again what's taking so long?
Is it cause they can get all your leather & alcantara ("luxury") into their package but can't get the battery to carry all that weight? Or is it cause they can't get the telematics to work like it's the 21st century not 20th still? Excuses.
Jan 14, 2023 09:51 PM
1,207 Posts
Joined Nov 2020
mattymsu25Jan 14, 2023 09:51 PM
1,207 Posts
Quote from F1Racer :
It's call market distruption.
If it was soo status quo & gas is still selling why the angst?

Is this like you denying climate change cause there were no humans documenting it on paper before you arrived the last few years?

So Legit car makers have been around for Tesla's entire mass production entry & again what's taking so long?
Is it cause they can get all your leather & alcantara ("luxury") into their package but can't get the battery to carry all that weight? Or is it cause they can't get the telematics to work like it's the 21st century not 20th still? Excuses.
1/10, try harder bucko.
Jan 14, 2023 09:53 PM
6,303 Posts
Joined Jul 2008
F1RacerJan 14, 2023 09:53 PM
6,303 Posts
Quote from AlexK6706 :
You are asking this question in 200 pages long thread about $7500 EV credit?
You mean the same $7500 per second subsidy the fossil dino industry has been getting the last 100 years?
Or the home loan interest that you & millions take every to help the american dream @ the expense of people who are homeless or live with 150% YoY rent increases?

Why so entitled? 1st arrival advantage?
2
Jan 14, 2023 09:58 PM
6,303 Posts
Joined Jul 2008
F1RacerJan 14, 2023 09:58 PM
6,303 Posts
Quote from EliteDealHunter :
Tesla literally just lowered their prices 20% in order to qualify for a handout…
You mean they are managing their business not based on lessening supply chain limitation, deflating costs & production effciencies?

How obtuse of you. Those years when the Dino's offer december to remember incentives & you didn't whine about that...

C'mon how hard is it to do a electrified empty box & still make billions.
1

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Jan 14, 2023 09:59 PM
102 Posts
Joined Dec 2011
C304Jan 14, 2023 09:59 PM
102 Posts
Quote from tubs :
Not viable after factoring sales tax
No? On a $55000 vehicle, the tax credit is worth 13.6%. I don't know of any locale in the US that has sales tax that high.
Jan 14, 2023 10:04 PM
167 Posts
Joined Dec 2018
Dac-BietVJan 14, 2023 10:04 PM
167 Posts
Still too high. In 2020 it was below 50K for MY. I'll bite on the M3 if it drops to 40K
Last edited by Dac-BietV January 14, 2023 at 03:07 PM.
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2
Jan 14, 2023 10:04 PM
2,899 Posts
Joined Jan 2011
WifeCallsMeCheapJan 14, 2023 10:04 PM
2,899 Posts
I just ordered a Model YLR. Did anyone know where I can order a home 220v charger?
Jan 14, 2023 10:04 PM
37,844 Posts
Joined May 2007
rrc06Jan 14, 2023 10:04 PM
37,844 Posts
Quote from manku :
I guess that's why Jay Leno...who knows more about cars than anyone here, and owns between $50-100 million dollars worth of them, drives a Tesla as his daily driver. Oh, and the only time he went into Tesla service in 7 years was for a flat.

But he's probably lying to boost his TSLA shares, right?

Go ahead and Google the WSJ and Jay Leno for the full interview....it was only published 6 weeks ago.
Don't forget Koenigsegg. Anyone who knows anything about cars has heard that name. He's a big fan of his model S
Jan 14, 2023 10:04 PM
6,303 Posts
Joined Jul 2008
F1RacerJan 14, 2023 10:04 PM
6,303 Posts
Quote from EliteDealHunter :
I don't think anybody is saying EV is bad… it's that Tesla isn't the best car ever made.
Most sane people never think Tesla is the best ever made.
But not recognizing them for their part in kicking start the EV auto revolution is a mistake. That line of thinking leads to complacency - & led to the Dino mannies being slow to evolve.

It's already the 2nd inning of a 9 inning game.

& just like you said earlier how the Dinos were sellling too many hotcakes to sell waffles, well now Tesla is making people think about waffles & they have at least a 5 year head start on battery supply. 10 year on charging network. and fattiest margins on each car sold to be able to cut prices at anytime.
Jan 14, 2023 10:05 PM
82 Posts
Joined Dec 2007
nopointinnamesJan 14, 2023 10:05 PM
82 Posts
Quote from Gnomeslayer :
Highly recommend if you're considering a Tesla (or any car for that matter) that you rent one for a week or two and make sure you like it. Personally did this with a Tesla in the past and I'm glad I did, because it just wasn't the car for me I decided.

Honestly I'm shocked folks make such a big purchase like a car with just a single test drive, or in the case of Tesla's that you might order online, no test drive at all! Make sure you really like the car, rent one for a couple weeks and see how it feels!
Very sound approach. I bought a Bronco last year which unfortunately was in very high demand so was impossible to rent anything like it. A test drive like you mentioned is over the course of one or two weeks, not 15 minutes. Fortunately I loved the thing so it worked out but listen to this guy and take an extended test drive when you can. Tesla is full touch screen for example, maybe you love buttons. My folk's really like theirs, but when they got it the glove compartment wouldn't open (it's done via touch screen which is borderline insane) and they live out in the desert so the mirages cause the auto drive to come to a quick full stop on highways.
1
Jan 14, 2023 10:05 PM
37,844 Posts
Joined May 2007
rrc06Jan 14, 2023 10:05 PM
37,844 Posts
Quote from EliteDealHunter :
😂This is so true. Wait until they get their car and have to deal with service 😂
Mobile service far away blows anything else from MB bmw Lexus etc out of the water. I've used them several times, they come out to my workplace and everything is handled through the app.

Most luxurious thing on the planet vs dragging my car to a stealership.

musk is playing 3D chess with those clowns over in Germany.

VW is way ahead of the EV game compared to bmw or MB and the software on the VW ID3 is pure trash compared to the Tesla
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Jan 14, 2023 10:06 PM
2,008 Posts
Joined Nov 2005
tubsJan 14, 2023 10:06 PM
2,008 Posts
Quote from C304 :
No? On a $55000 vehicle, the tax credit is worth 13.6%. I don't know of any locale in the US that has sales tax that high.
Right, but you need to pass some savings to high income buyer or else what's their incentive? So you might end up with a few hundred bucks in your pocket after all that work. Keep in mind, tax will be paid twice in this arrangement.
1

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