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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 15, 2023 7:32 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 15, 2023 7:32 PM
2.5K Comments
Quote from vndragonslayer :
those who bought in tesla in 2022 could afford it.. .they change cars like they change clothes.. they knew what they were getting into
You are mistaking tesla with Turbo GT and DBX buddy.
Jan 15, 2023 7:32 PM
585 Comments
Joined Nov 2014
1CheapSOBJan 15, 2023 7:32 PM
585 Comments
Quote from topcho :
I see some YT videos demoing the full autopilot and I see going through heavy city traffic, navigating roundabouts, and merging into rte 17 in NJ. People here are saying the FSD is hardly offering anything over the basic autopilot. What I see is quite a bit more than keeping speed and staying in the lane. ?!
I use to get home after heavy drinking ...works perfectly.
Jan 15, 2023 7:34 PM
223 Comments
Joined Oct 2016
gitpicker23Jan 15, 2023 7:34 PM
223 Comments
Quote from dvrrajesh :
With destination fee my tesla model y its going above 55k. Without that fee it's below 55k. I assume I would qualify for 7.5k tax credit?
https://www.irs.gov/credits-deduc...3-or-after

In addition, the vehicle's manufacturer suggested retail price (MSRP) can't exceed:

$80,000 for vans, sport utility vehicles and pickup trucks
$55,000 for other vehicles
MSRP is the retail price of the automobile suggested by the manufacturer, including options, accessories and trim but excluding destination fees. It isn't necessarily the price you pay.
Jan 15, 2023 7:34 PM
13.2K Comments
Joined Feb 2008
AkumaXJan 15, 2023 7:34 PM
13.2K Comments
Quote from pavanpk :
I see the starting price is at $55,700. Is the deal gone or did i miss something?
1
Jan 15, 2023 7:35 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 15, 2023 7:35 PM
2.5K Comments
Quote from 1CheapSOB :
I use to get home after heavy drinking ...works perfectly.
It's nice to rely on autopilot when you can't afford Uber, right?
Jan 15, 2023 7:35 PM
192 Comments
Joined Jul 2019
NissanGTR49Jan 15, 2023 7:35 PM
192 Comments
Has the build quality improved??
Jan 15, 2023 7:36 PM
78 Comments
Joined Mar 2007
ejhc11Jan 15, 2023 7:36 PM
78 Comments
Quote from Aiden.Pearce :
The real loss is when the new Tesla owner euphoria wears off and you realize the build and maintenance proposition of this car is hyped up way way too high and this car has the build quality of a late 1990s Kia.
The euphoria has worn off, hence the big "discounted" prices... Much better looking EVs are available now - unless your ok driving around in a car that looks like an egg... And Plebian interior styling...

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Jan 15, 2023 7:39 PM
3.7K Comments
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 15, 2023 7:39 PM
3.7K Comments
Quote from Nutdotnet :
Since you can predict the future, who's going to win the afternoon nfl game? I need a place a bet!
His fortune telling only works in hindsight, be patient! Lmao!

Imagine how 1st world poor someone must be to characterize a bev purchase as the worst financial mistake of their life. The crazies in the last thread say it wasn't a good investment. WAT?! laugh out loud
Last edited by Anonymous January 15, 2023 at 11:44 AM.
Jan 15, 2023 7:40 PM
563 Comments
Joined Dec 2012
Slayer.I.AmJan 15, 2023 7:40 PM
563 Comments
Quote from twoweeled :
I already went and test drove one yesterday. I liked it a lot more than I thought I would. They may have more deals in the future, but maybe not. I feel like I have to jump real soon. I prefer the model 3 looks, but the Y space. I liked it a lot.
The hate is obvious. Doesn't phase me, but there's a whole bunch!LMAO
How big of a difference was 3 vs Y ? Also are there any other feature differences between the two?
Jan 15, 2023 7:43 PM
25 Comments
Joined Jan 2006
ddinh001Jan 15, 2023 7:43 PM
25 Comments
Do you have to place order before March 16? Or have to take delivery of the vehicle before the cut off date to qualify for the $7500 tax credit?
Jan 15, 2023 7:45 PM
509 Comments
Joined May 2018
vndragonslayerJan 15, 2023 7:45 PM
509 Comments
Quote from NissanGTR49 :
Has the build quality improved??
ice car interior design improved yet? or they still havent hop on the futuristic train yet..

imagine buying a current rav4 that looks like it was designed in the 2000s
2
Jan 15, 2023 7:49 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 15, 2023 7:49 PM
2.5K Comments
Quote from vndragonslayer :
ice car interior design improved yet? or they still havent hop on the futuristic train yet..

imagine buying a current rav4 that looks like it was designed in the 2000s
Well, at least it was designed, unlike tesla's one.
Jan 15, 2023 7:52 PM
1.2K Comments
Joined Nov 2007
RedOctaneJan 15, 2023 7:52 PM
1.2K Comments
Quote from FishKilla :
Are you kidding?

The value of used Teslas just went down the toilet

So did every other car on the market. Tesla has the best resale value of any other car on market.
Jan 15, 2023 7:54 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 15, 2023 7:54 PM
2.5K Comments
Quote from RedOctane :
So did every other car on the market. Tesla has the best resale value of any other car on market.
Yep, recent 20% price drop boosted tesla resale value by 30%. Teslanomics.
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Jan 15, 2023 7:57 PM
22 Comments
Joined Jul 2015
hemantkmJan 15, 2023 7:57 PM
22 Comments
Shucks! Last year Tesla did not quality for EV credit and this year we don't due to income limits.

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