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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

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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 11:11 PM
509 Posts
Joined May 2018
vndragonslayerJan 14, 2023 11:11 PM
509 Posts
Quote from norcal007 :
Haha...caps won't give you cred. If you had any reading comprehension, you will see I said that my sis and hubby bought the car, not me. I asked what they paid and that's the amount they told me. Add taxes on top. You have a problem.
yea so you're full of shit then... imagine paying $35k for a ice guzzler when a model 3 is 37k after credit LOL
1
Jan 14, 2023 11:13 PM
2,227 Posts
Joined Feb 2013
ZeeDuckJan 14, 2023 11:13 PM
2,227 Posts
Quote from pugxiwawa :
You are still thinking in terms of traditional ice cars where thousands of little components needed to keep car running and need to be replaced due to wear and tear. EV gets rid most of those. Tesla has 4 year warranty. Even outside warranty they charge very reasonable rate for coming to your house to do out of warranty repair. Don't let others scare you.
Tesla is a really poor company when it comes to right to repair and repairs in general. Also, given Tesla's overall poor reliability that is an issue. It will be a bigger issue if the batteries start to show that they aren't good after 10 years. The first and even second owner may not care if the battery died at 10 years but eventually the next owner won't be willing to pay for $15k used car that might require a $20k battery. This isn't unique to EVs. High end luxury cars have a similar issue.
1
Jan 14, 2023 11:14 PM
2,612 Posts
Joined Dec 2008
Travis64Jan 14, 2023 11:14 PM
2,612 Posts
830+ credit score who is giving the best %?
Jan 14, 2023 11:15 PM
586 Posts
Joined Jan 2007
dtwizzyJan 14, 2023 11:15 PM
586 Posts
Quote from EliteDealHunter :
The batteries may get disqualified because they aren't made in the US and then the credit will drop. Right now the US isn't enforcing that part of the credit rule but it kicks in in March.
Thanks, I was wondering the same thing
Jan 14, 2023 11:15 PM
8,574 Posts
Joined Nov 2011
iBooJan 14, 2023 11:15 PM
8,574 Posts
How do you get 7500 tax credit if you make $20k per year?
Jan 14, 2023 11:20 PM
299 Posts
Joined Aug 2011
NcraYzyCJan 14, 2023 11:20 PM
299 Posts
Too bad you can't seem to get a model Y Performance w/ 7 seats...
Jan 14, 2023 11:20 PM
2,227 Posts
Joined Feb 2013
ZeeDuckJan 14, 2023 11:20 PM
2,227 Posts

Our community has rated this post as helpful. If you agree, why not thank ZeeDuck

Quote from pugxiwawa :
False again, 280-300 in real world range. This is not Ford Mach E with that terrible efficiency. And can you stop spreading baseless lies here?
Tesla is known for exaggerating their rage far more than any other EV mfr.
https://www.thedrive.com/tech/399...fell-short

In this list notice who over and under promises on range. Part of that Tesla honesty issue
https://www.web2carz.com/autos/fu...advertised

https://electrek.co/2021/02/10/te...ent-tests/
1

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Jan 14, 2023 11:22 PM
41 Posts
Joined Oct 2020
TheSource777Jan 14, 2023 11:22 PM
41 Posts
Quote from ZeeDuck :
That's a bit misleading as GM is slowly releasing that car. Unlike Tesla GM isn't counting pre-production units as deliveries and GM seems to be taking this one very slowly.

There are plenty of Tesla alternatives on the road and most are sold by honest companies with dealers who can actually help when things go wrong. They also are sold by companies that don't claim (and take money for) "full self driving" and then don't deliver.
The same dealers adding $10,000 mark-ups to cars? https://www.carscoops.com/2022/05...hummer-ev/

But whoever's reading this shouldn't have to believe you or me, they should go shop for those cars from dealers and see the markups for themselves lol. Car dealers are some of the worst snakeoil salesmen in the world. Such an insufferable, unnecessary experience.

FYI, if the Treasury implements the battery materials guidance, like no car is going to qualify. Basically everything in the supply chain runs through China at one point. That's why there's such a clusterfark right now trying to figure things out.

Finally....yes, in my house I've only used a mobile connector for 3 years and it works just great. Can plug Tesla into any outlet.
Jan 14, 2023 11:25 PM
2,227 Posts
Joined Feb 2013
ZeeDuckJan 14, 2023 11:25 PM
2,227 Posts
Quote from TheSource777 :
The same dealers adding $10,000 mark-ups to cars? https://www.carscoops.com/2022/05...hummer-ev/

But whoever's reading this shouldn't have to believe you or me, they should go shop for those cars from dealers and see the markups for themselves lol. Car dealers are some of the worst snakeoil salesmen in the world. Such an insufferable, unnecessary experience.

FYI, if the Treasury implements the battery materials guidance, like no car is going to qualify. Basically everything in the supply chain runs through China at one point. That's why there's such a clusterfark right now trying to figure things out.

Finally....yes, in my house I've only used a mobile connector for 3 years and it works just great. Can plug Tesla into any outlet.
No car qualifying wouldn't be a bad thing. Using other people's money to subsidize EVs is not a good idea. It's not a win for the environment and it isn't a win for the economy at large. That said, if I wanted an EV I would certainly try to get the credit.
Jan 14, 2023 11:30 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 14, 2023 11:30 PM
399 Posts
Quote from IndiaPaleAle :
Excellent AWD sticky handling for me, responsive steering. Track mode has lot of neat options including power split. What's better at ~52k (20, sleeper)?

A: Nothing




Edit: CRICKETS...
The list is too long to answer… for track and competition performance there are cars at almost half the price that are better (GR86, Miata)… once you get above $50k the list is significantly longer, but if you're happy then it's all good. I didn't like it compared to my ICE cars. I'm waiting for somebody to come out with a good sports car EV, then I'll be back in.
Jan 14, 2023 11:31 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 14, 2023 11:31 PM
399 Posts
Quote from iBoo :
How do you get 7500 tax credit if you make $20k per year?
You don't.
Jan 14, 2023 11:32 PM
2,344 Posts
Joined Oct 2012
reqUser098Jan 14, 2023 11:32 PM
2,344 Posts
Quote from TheSource777 :
The same dealers adding $10,000 mark-ups to cars? https://www.carscoops.com/2022/05...hummer-ev/ [carscoops.com]

But whoever's reading this shouldn't have to believe you or me, they should go shop for those cars from dealers and see the markups for themselves lol. Car dealers are some of the worst snakeoil salesmen in the world. Such an insufferable, unnecessary experience.

FYI, if the Treasury implements the battery materials guidance, like no car is going to qualify. Basically everything in the supply chain runs through China at one point. That's why there's such a clusterfark right now trying to figure things out.

Finally....yes, in my house I've only used a mobile connector for 3 years and it works just great. Can plug Tesla into any outlet.
the mark-up is $100,000 FYI
$10,000 will be a "normal" mark up for toyota.
Jan 14, 2023 11:37 PM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 14, 2023 11:37 PM
3,694 Posts
Quote from EliteDealHunter :
The list is too long to answer… for track and competition performance there are cars at almost half the price that are better (GR86, Miata)… once you get above $50k the list is significantly longer, but if you're happy then it's all good. I didn't like it compared to my ICE cars. I'm waiting for somebody to come out with a good sports car EV, then I'll be back in.
GR86, Miata... That's downright laughable. Have a good day & go Niners. Lmmfao!
Last edited by Anonymous January 14, 2023 at 04:39 PM.
1
Jan 14, 2023 11:43 PM
21,669 Posts
Joined Nov 2007
Buckeyefan 1Jan 14, 2023 11:43 PM
21,669 Posts
Quote from iBoo :
How do you get 7500 tax credit if you make $20k per year?
Cash in some stock or sell some rental properties. Obviously too late at this point.

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Jan 14, 2023 11:47 PM
399 Posts
Joined Nov 2014
EliteDealHunterJan 14, 2023 11:47 PM
399 Posts
Quote from IndiaPaleAle :
GR86, Miata... That's downright laughable. Have a good day & go Niners. Lmmfao!
Obviously you aren't an actual enthusiast. Enjoy your Tesla.
2

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