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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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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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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 03:11 PM
80 Posts
Joined May 2008
boogi2woogieJan 15, 2023 03:11 PM
80 Posts
Quote from ikonoklast :
Where does it say in the article that "it was a driver error"?

I see this: "The crash has raised questions about the technology and the driver's role in the incident. Several Tesla owners and experts suggest human error may be a factor, amid a federal investigation."

Investigations take time so to say this or that is the definite cause is premature.

I have experienced Tesla's well-known phantom braking while using their autopilot. It is unnerving when the vehicle suddenly slows down for no reason.

I don't think Tesla or Musk take criticism very well so they will continue to blame the driver even when their self-proclaimed FULL SELF DRIVING doesn't work as the name suggests. They continue to overstate the car's ability while charging $15k for its "phantom" ability. It'd be false advertising if it was any other company.
Driven teslas for years.

Phantom braking is a tiny issue. I get it once maybe once every 2-3 hours and it is easy to override. You just drive the car for a second and then put it back on autopilot. Amazing, I know.

I think the only people it really bothers are the ones who are completely disengaged from driving, with their feet off the pedals and hands off the wheel. Then sure, it will take you a few seconds to take control of the car while you slow from 75 to 55 mph. Super unnerving when you're watching a movie or browsing slickdeals with two hands on your cell phone.

Even with phantom braking, autopilot is probably still a better driver.
Jan 15, 2023 03:11 PM
18 Posts
Joined Jul 2010
davedogxJan 15, 2023 03:11 PM
18 Posts
100% attempting to confirm from slick dealers, this non refundable tax credit before I put down the deposit for Model Y.

Salary combined with wife withholds approx 10k federal tax in 2022, so I do not 'owe' anything at time of filing taxes, about break even point.

So, since I have already paid approx 10k in federal, would a check / rebate be sent from IRS for this $7500 tax credit?

Does it have to be for this year filing taxes on 2022?
Jan 15, 2023 03:12 PM
37,844 Posts
Joined May 2007
rrc06Jan 15, 2023 03:12 PM
37,844 Posts
Quote from Pga :
yeah lol when there's very few service stations around to service the volume of vehicles you are selling, you probably don't want all those cars be parking the parking lots for preventive annual check ups
Elon musk made it clear years ago that the stealership style service profit was not his goal.

Electric cars inherently require much less maintenance.

Meanwhile stealerships make more money on service than selling a car (pandemic may have thrown that off temporarily), so they have very little incentive to sell a car that doesn't require nearly the maintenance
Jan 15, 2023 03:13 PM
38 Posts
Joined Jan 2023
SharpArm7549Jan 15, 2023 03:13 PM
38 Posts
Quote from ikonoklast :
Where does it say in the article that "it was a driver error"?

I see this: "The crash has raised questions about the technology and the driver's role in the incident. Several Tesla owners and experts suggest human error may be a factor, amid a federal investigation."

Investigations take time so to say this or that is the definite cause is premature.

I have experienced Tesla's well-known phantom braking while using their autopilot. It is unnerving when the vehicle suddenly slows down for no reason.

I don't think Tesla or Musk take criticism very well so they will continue to blame the driver even when their self-proclaimed FULL SELF DRIVING doesn't work as the name suggests. They continue to overstate the car's ability while charging $15k for its "phantom" ability. It'd be false advertising if it was any other company.
Phantom braking is definitely an issue. It's also definitely not what happened in this case—the car continued braking to a full stop instead of just for a second. This is only possible through gross negligence of the driver.

The Full Self Driving BETA works exactly as the name suggests, and couldn't possibly make it any more clear that the driver needs to remain attentive.
Jan 15, 2023 03:14 PM
278 Posts
Joined Jan 2017
RoyGeeBivJan 15, 2023 03:14 PM
278 Posts
Quote from JonasA7275 :
Government continues to piss away our tax money to push their nonsense ideology of saving the planet by driving EVs. How generous of them.
:'-( Spare me, anyone paying 50-80k for a car is probably paying more than most in taxes. Sales tax alone on a 50k car is ~3500, then you have plate / registration fees every year. That 7500 is basically moving from federal to state coffers. 40% of the population pay no taxes at all. People buying EVs are not the tax burden you may think they are.
Jan 15, 2023 03:16 PM
2,080 Posts
Joined Dec 2012
PgaJan 15, 2023 03:16 PM
2,080 Posts
Quote from ikonoklast :
All-Wheel-Drive. It's the differential fluid that typically needs to be changed at 30k miles, YMMV. AWD has an extra differential to drive the 2nd set of wheels. Typical automatic FWD cars only need transmission fluid flush. AWD cars need both transmission fluid flush and differential fluid flush.

I left out many other scenarios like RWD, 4WD and manual transmission variations.
there's no AWD fluid.....it's called gear oil...
1
Jan 15, 2023 03:16 PM
80 Posts
Joined May 2008
boogi2woogieJan 15, 2023 03:16 PM
80 Posts
Quote from mobilefan :
I have checked with more than 10 friends who switched to Tesla and have clean records. They echo the same. I drive a 2021 5 Series and a highlander & I pay around 800$ for 6 months for both the cars. When I got the insurance quote for Model S, they gave me 3.2K just for that car.
Insurance for my 2022 model 3 and 2021 model Y with FSD were about $650 and $600 for 6 months respectively. My 2021 subaru crosstrek plug in hybrid is $550.

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Jan 15, 2023 03:16 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 03:16 PM
2,409 Posts
Quote from rrc06 :
Elon musk made it clear years ago that the stealership style service profit was not his goal.

Electric cars inherently require much less maintenance.

Meanwhile stealerships make more money on service than selling a car (pandemic may have thrown that off temporarily), so they have very little incentive to sell a car that doesn't require nearly the maintenance
Here we go again. So no cabin air filter? No brake fluid? No tires and brake pads? No wipers? No squeaks and rattles? LMAO

I get it that most tesla owners can't afford maintenance on top of $500 payment for their luxury super car, but can you at least try to manage the spread of misinformation?
2
Jan 15, 2023 03:18 PM
729 Posts
Joined Dec 2014
JellyBellyMDJan 15, 2023 03:18 PM
729 Posts
Quote from Pga :
your list is shit....here's the actual truth:

https://pictures.dealer.com/h/hen...32723x.jpg


You list is so shitty that it recommends timing belt change at 90k......while all BMW engines use only timing chains which do not require service....
Hey Chief, here it is again. And a link.

https://www.bmwofsouthaustin.com/...hedule.htm


Recommended Maintenance Schedule
Depending on how and where you drive, and in what conditions, the amount and type of maintenance your BMW will need will vary. Read your owner's manual for a detailed breakdown of common service tasks, but here's what you can expect:

Every 10,000 miles, or yearly: replace engine oil, oil filter, and coolant
Every 20,000 miles, or every two years: inspect and replace fuel filters
Every 30,000 miles, or every three years:
Replace brake fluid (after the first replacement, every 60,000 miles)
Replace transmission fluid on manual-transmission BMWs
Every 60,000 miles, or every six years:
Replace engine air filter and spark plugs
Inspect and replace brake pads and brake rotors, as necessary
Replace transmission fluid on automatic-transmission BMWs
Every 90,000 miles, or every nine years: replace timing belts and hoses
After 90,000 miles, repeat the above cycle, and always keep up your 5,000-mile basic maintenance structure. Also remember that your BMW's New Vehicle Limited Warranty will expire at 50,000 miles, so it's a good idea to get covered repairs done before then. You'll also want to replace the battery around the 50,000-mile mark.
1
Jan 15, 2023 03:19 PM
278 Posts
Joined Jan 2017
RoyGeeBivJan 15, 2023 03:19 PM
278 Posts
Quote from davedogx :
100% attempting to confirm from slick dealers, this non refundable tax credit before I put down the deposit for Model Y.

Salary combined with wife withholds approx 10k federal tax in 2022, so I do not 'owe' anything at time of filing taxes, about break even point.

So, since I have already paid approx 10k in federal, would a check / rebate be sent from IRS for this $7500 tax credit?

Does it have to be for this year filing taxes on 2022?
Withholdings dont tell us a whole lot... If your (federal) tax liability after deductions and all the other unknown tax variables come out to 7500 or more, then you will get the full 7500 back.
Jan 15, 2023 03:19 PM
2,080 Posts
Joined Dec 2012
PgaJan 15, 2023 03:19 PM
2,080 Posts
Quote from rrc06 :
Elon musk made it clear years ago that the stealership style service profit was not his goal.

Electric cars inherently require much less maintenance.

Meanwhile stealerships make more money on service than selling a car (pandemic may have thrown that off temporarily), so they have very little incentive to sell a car that doesn't require nearly the maintenance
yeah much less maintenance.....that explains all those over the air patches.

Instead of preventive maintenance, you get paid subscriptions to unlock car features you paid for once when you bought the vehicle. That is making Tesla a LOT more money than prevention manitenance
4
Jan 15, 2023 03:20 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 03:20 PM
2,409 Posts
Quote from JellyBellyMD :
Also remember that your BMW's New Vehicle Limited Warranty will expire at 50,000 miles, so it's a good idea to get covered repairs done before then. You'll also want to replace the battery around the 50,000-mile mark.
Is the recommendation for Tesla owners the opposite? To wait it out till warranty is out at 50k miles and then start fixing things?
2
Jan 15, 2023 03:21 PM
4,330 Posts
Joined Apr 2012
twoweeledJan 15, 2023 03:21 PM
4,330 Posts
Quote from EliteDealHunter :
The Lexus would be much more comfortable and reliable to drive. Cost difference would be worth it.
I didn't know Lexus had an all electric car out. Which car are you talking about?
How much is it and are they charging a mark up?
Jan 15, 2023 03:24 PM
42 Posts
Joined Dec 2010
robby818Jan 15, 2023 03:24 PM
42 Posts
Quote from FishKilla :
No matter how much you make, and no matter what you say, if you are on slick deals and got robbed for $3000, that hurts. That will bother you. Every time you get in that car you will be reminded that you overpaid. Wait until they lower the price again in March if the tax credit is cut in half.

$35K will be the price by 2024 OTD, POS.
You make the best decision at the time and I thought in December that the $7500 savings and free super charger miles were the best deal I would be able to get bec I would not be eligible for the federal tax credit in 2023.

You can think about how you didn't get the best possible deal or you can think I got a very good discount that a lot of buyers in 2022 did not get. I guess it comes down to how you choose to look at it and how you want to live your life.

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Jan 15, 2023 03:24 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 03:24 PM
2,409 Posts
Quote from RoyGeeBiv :
:'-( Spare me, anyone paying 50-80k for a car is probably paying more than most in taxes. Sales tax alone on a 50k car is ~3500, then you have plate / registration fees every year. That 7500 is basically moving from federal to state coffers. 40% of the population pay no taxes at all. People buying EVs are not the tax burden you may think they are.
$7 500 is $7 500 buddy. 20% off + $7500 credit is the only way to get this chit off the lot.
1

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