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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 2,616,240 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 15, 2023 12:58 AM
399 Posts
Joined Nov 2014
EliteDealHunterJan 15, 2023 12:58 AM
399 Posts
Quote from SamS :
At least 50% if you're charging at home.

300 miles range would take about 75kWh of energy.

So multiply your kWh rate (i.e. $0.20) x 75 = $15 for a 'full tank'.
So figure 12k miles a year average. At your example rate that's $600 if you only charge at home. ICE car with 30 mpg at $3/gallon gas is $1200. So just as you said, 50% savings. $600 savings per year. So even if you drive the car 10 years you've only saved $6000 in gas… not enough to justify the cost increase from a similarly equipped ICE car.
2
Jan 15, 2023 01:00 AM
9,935 Posts
Joined Jun 2008
runtohell121Jan 15, 2023 01:00 AM
9,935 Posts
Anyone know if CVRP allows Tesla soon since it's under the sales price requirement now?
Jan 15, 2023 01:00 AM
37,844 Posts
Joined May 2007
rrc06Jan 15, 2023 01:00 AM
37,844 Posts
Quote from AlexK6706 :
They will start competing when they drop EV Civic and EV Corolla. EV Macan is right around the corner. If you think that tesla can compete with civic/corolla/macan then I have bad news for you and your messiah Elon.
It won't and won't need to, Nissan already made an electric Yaris, it's called the "leaf" and they are discontinuing it Wink

EV Macan lol. Maybe it'll actually make more sense than the base Taychan which is slower than shit and shittier range than the equivalent S.

Porsche is pretty good with the fanbois though, you can pay $2K and get your preferred seat and steering wheel color with that 5.9 s 0-60 LMAO
1
Jan 15, 2023 01:01 AM
73 Posts
Joined Jan 2011
Dennis28Jan 15, 2023 01:01 AM
73 Posts
In for two.
Jan 15, 2023 01:02 AM
2,612 Posts
Joined Dec 2008
Travis64Jan 15, 2023 01:02 AM
2,612 Posts
Is tesla giving the best % rate for a new car loan?
Jan 15, 2023 01:03 AM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 01:03 AM
2,409 Posts
Quote from rrc06 :
BMW and Toyota have had their heads up their asses trying to resist the EV revolution. i3 was the fugliest POS around with shit range and performance and the i8 would have been better as pure EV from the ground up, performance was so mediocre they basically gave away the leases by the end of its life.
So you think that I3/I8 were to compete with Tesla? LMAO Do you really think that people who make M3 and X3M (the real ones) can't make a car to beat Tesla? They just don't want to.

Fanbois are beta testers and I appreciate their sacrifice for the sake of better future.
Jan 15, 2023 01:04 AM
37,844 Posts
Joined May 2007
rrc06Jan 15, 2023 01:04 AM
37,844 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.
Porsche has its fanbois. You'll never see that level of customization or optionality in a Tesla. They are simply different brands and paradigms. The only common thread is that they are top 2 for margins in the industry.

Musk is keeping it simple, he has a lot of product to sell and not a lot of time to charge you $5k for custom seats, shifter and steering wheel colors. The fact that the base taychan has such shit acceleration though is pretty ridiculous, only matched by the incredibly shitty range of the Taychan Turbo S which basically costs more than a Plaid and Y put together
Last edited by rrc06 January 14, 2023 at 06:08 PM.
1

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Jan 15, 2023 01:06 AM
37,844 Posts
Joined May 2007
rrc06Jan 15, 2023 01:06 AM
37,844 Posts
Quote from AlexK6706 :
So you think that I3/I8 were to compete with Tesla? LMAO Do you really think that people who make M3 and X3M (the real ones) can't make a car to beat Tesla? They just don't want to.

Fanbois are beta testers and I appreciate their sacrifice for the sake of better future.
You're right, which is why Tesla eclipsed BMW in sales last year and the Model S has been eating 5 and 7 series sedan sales for years. At least VW finally got around to acknowledging the obvious with the Taychan and EQS. What is BMW doing again?

hug
1
Jan 15, 2023 01:07 AM
323 Posts
Joined Aug 2006
godzenJan 15, 2023 01:07 AM
323 Posts
Quote from EliteDealHunter :
It's good for that… but a Civic or Accord is equally good for that use at half the price, and they can go on road trips without tons of wasted time charging. The gas savings don't justify the price difference and the car doesn't have any "luxury" options that set it apart from the lower cost cars… so what's the benefit? If you like the straight line power that's fine but that doesn't justify the cost increase in my book.
I drive Lexus gs350. Gf drives mercedes e350 series and just bought model 3 performance. I used to own Honda Accord for 10 years. Comparing driving fun with Tesla and Honda Accord. Just stfu bcoz you clueless. I agreed interior sucks in Tesla but if you love driving Tesla is the shit. At some point people with some disposable cash stop giving a fark about price . I mean we live in a country without personal responsibility including the govt unlimited expanding deficit that will eventually reset the whole dollar system. We ain't paying that 30 trillions plus hundreds of billions in interests back lol
Jan 15, 2023 01:07 AM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 01:07 AM
2,409 Posts
Quote from rrc06 :
It won't and won't need to, Nissan already made an electric Yaris, it's called the "leaf" and they are discontinuing it Wink

EV Macan lol. Maybe it'll actually make more sense than the base Taychan which is slower than shit and shittier range than the equivalent S.

Porsche is pretty good with the fanbois though, you can pay $2K and get your preferred seat and steering wheel color with that 5.9 s 0-60 LMAO
Tesla fanbois are so delusional. What if we try to minimize the amount of psychoactive drugs in the system and leave the dreamland to check out the facts?

And the facts are:

ICE Porsche:

6:38.835 Porsche 911 GT2 RS MR (991.2)

EV Tesla

7:35.579 Tesla Model S Plaid

That's one minute buddy. Between these German "clowns" and Elon playing 3d chess. LMAO

I don't even want to start the discussion of interior quality and insulation, that might result in temper tantrums.
Jan 15, 2023 01:07 AM
399 Posts
Joined Nov 2014
EliteDealHunterJan 15, 2023 01:07 AM
399 Posts
Quote from rrc06 :
Porsche has its fanbois. You'll never see that level of customization or optionality in a Tesla. They are simply different brands and paradigms. The only common thread is that they are top 2 for margins i in the industry.

Musk is keeping it simple. The fact that the base taychan has such shit acceleration though is pretty ridiculous, only matched by the incredibly shitty range of the Taychan Turbo S which basically costs more than a Plaid and Y put together
Except the Porsche is put together like a Porsche and the Tesla is put together like… a 1986 Yugo.
1
Jan 15, 2023 01:09 AM
37,844 Posts
Joined May 2007
rrc06Jan 15, 2023 01:09 AM
37,844 Posts
Quote from AlexK6706 :
Tesla fanbois are so delusional. What if we try to minimize the amount of psychoactive drugs in the system and leave the dreamland to check out the facts?

And the facts are:

ICE Porsche:

6:38.835 Porsche 911 GT2 RS MR (991.2)

EV Tesla

7:35.579 Tesla Model S Plaid

That's one minute buddy. Between these German "clowns" and Elon playing 3d chess. LMAO

I don't even want to start the discussion of interior quality and insulation, that might result in temper tantrums.
So comparing a family sedan to a track car and I'm delusional?
1
Jan 15, 2023 01:10 AM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 01:10 AM
2,409 Posts
Quote from godzen :
if you love driving Tesla is the shit.

LMAO
Jan 15, 2023 01:11 AM
4,501 Posts
Joined Dec 2006
Thelnel52Jan 15, 2023 01:11 AM
4,501 Posts
Quote from Dj_az :
Apologies if this is already discussed in last 210 pages, but if you have total federal tax liability as $20k and already have paid $21k through employer tax withholding, would you still get the total liability reduced to $12.5k and would receive $8.5k federal tax refund when you file next year?
Yes. The end of year tax refund/tax due is just a true-up based on your actual tax vs withholdings.

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Jan 15, 2023 01:11 AM
6,303 Posts
Joined Jul 2008
F1RacerJan 15, 2023 01:11 AM
6,303 Posts
Quote from AlexK6706 :
laugh out loud I had EV for uber a few days ago. The dude would flip AC on and off to conserve energy.

Because a Tesla uses at least 80% its battery to function.
An ICE wastes 80% of its fuel on emissions & idling but only actually only uses 20% of its fuel to propel itself.
That translate on avg 3 gals of gas to operate a Tesla over the equivalent ice range.
It's like $2.40 of a gallon gas going up in smoke.
1

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