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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.

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12.3K Comments

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Jan 14, 2023 9:41 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 14, 2023 9:41 PM
2.5K Comments
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 9:41 PM
1.3K Comments
Joined Jan 2008
mankuJan 14, 2023 9:41 PM
1.3K Comments
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 9:44 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 14, 2023 9:44 PM
2.5K Comments
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 9:50 PM
6.4K Comments
Joined Jul 2008
F1RacerJan 14, 2023 9:50 PM
6.4K Comments
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 9:51 PM
1.2K Comments
Joined Nov 2020
mattymsu25Jan 14, 2023 9:51 PM
1.2K Comments
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 9:53 PM
6.4K Comments
Joined Jul 2008
F1RacerJan 14, 2023 9:53 PM
6.4K Comments
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 9:58 PM
6.4K Comments
Joined Jul 2008
F1RacerJan 14, 2023 9:58 PM
6.4K Comments
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 9:59 PM
104 Comments
Joined Dec 2011
C304Jan 14, 2023 9:59 PM
104 Comments
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 Comments
Joined Dec 2018
Dac-BietVJan 14, 2023 10:04 PM
167 Comments
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 02:07 PM.
1
2
Jan 14, 2023 10:04 PM
3K Comments
Joined Jan 2011
WifeCallsMeCheapJan 14, 2023 10:04 PM
3K Comments
I just ordered a Model YLR. Did anyone know where I can order a home 220v charger?
Jan 14, 2023 10:04 PM
37.8K Comments
Joined May 2007
rrc06Jan 14, 2023 10:04 PM
37.8K Comments
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
6.4K Comments
Joined Jul 2008
F1RacerJan 14, 2023 10:04 PM
6.4K Comments
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 Comments
Joined Dec 2007
nopointinnamesJan 14, 2023 10:05 PM
82 Comments
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
37.8K Comments
Joined May 2007
rrc06Jan 14, 2023 10:05 PM
37.8K Comments
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
2K Comments
Joined Nov 2005
tubsJan 14, 2023 10:06 PM
2K Comments
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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