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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.

Original Post

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12.3K Comments

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Jan 14, 2023 11:11 PM
509 Comments
Joined May 2018
vndragonslayerJan 14, 2023 11:11 PM
509 Comments
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
2.4K Comments
Joined Feb 2013
ZeeDuckJan 14, 2023 11:13 PM
2.4K Comments
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
2.6K Comments
Joined Dec 2008
Travis64Jan 14, 2023 11:14 PM
2.6K Comments
830+ credit score who is giving the best %?
Jan 14, 2023 11:15 PM
586 Comments
Joined Jan 2007
dtwizzyJan 14, 2023 11:15 PM
586 Comments
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
8.6K Comments
Joined Nov 2011
iBooJan 14, 2023 11:15 PM
8.6K Comments
How do you get 7500 tax credit if you make $20k per year?
Jan 14, 2023 11:20 PM
299 Comments
Joined Aug 2011
NcraYzyCJan 14, 2023 11:20 PM
299 Comments
Too bad you can't seem to get a model Y Performance w/ 7 seats...
Jan 14, 2023 11:20 PM
2.4K Comments
Joined Feb 2013
ZeeDuckJan 14, 2023 11:20 PM
2.4K Comments

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 Comments
Joined Oct 2020
TheSource777Jan 14, 2023 11:22 PM
41 Comments
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
2.4K Comments
Joined Feb 2013
ZeeDuckJan 14, 2023 11:25 PM
2.4K Comments
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 Comments
Joined Nov 2014
EliteDealHunterJan 14, 2023 11:30 PM
399 Comments
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 Comments
Joined Nov 2014
EliteDealHunterJan 14, 2023 11:31 PM
399 Comments
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
2.4K Comments
Joined Oct 2012
reqUser098Jan 14, 2023 11:32 PM
2.4K Comments
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
3.7K Comments
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 14, 2023 11:37 PM
3.7K Comments
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 03:39 PM.
1
Jan 14, 2023 11:43 PM
21.8K Comments
Joined Nov 2007
Buckeyefan 1Jan 14, 2023 11:43 PM
21.8K Comments
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 Comments
Joined Nov 2014
EliteDealHunterJan 14, 2023 11:47 PM
399 Comments
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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