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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 8:02 PM
29 Comments
Joined Nov 2015
Pythagoras78Jan 15, 2023 8:02 PM
29 Comments
Quote from d0min0 :
i just tax loss harvested a shit load of losses back in december for 2022, so much so that i didn't even make shit last year lol. can i still get this EV credit?
No, you can't. If you are loss harvesting, your effective tax is too low to claim this. FWIW I think Tesla missed the window to gain market share against real car companies. Porsche and Ford have superior options for me. Everyone's tastes are different of course. Good luck.
Jan 15, 2023 8:03 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 15, 2023 8:03 PM
2.5K Comments
A little bit of a video about this allegedly luxury super sports car:

Here's Why Tesla Car Values Have Dropped So Fast [youtube.com]
Jan 15, 2023 8:05 PM
110 Comments
Joined Nov 2018
currocjJan 15, 2023 8:05 PM
110 Comments
Quote from Dnewwen :
This sort of makes me feel cheated. I took delivery on New Year eve. Basically, my car depreciated 14k in 12 days.
You're rocking a new Tesla Model Y. A little gratitude
Jan 15, 2023 8:06 PM
2.5K Comments
Joined May 2015
AlexK6706Jan 15, 2023 8:06 PM
2.5K Comments
I wonder how much more will denial stage last until tesla fanbois admit that they made a mistake and need to trade it in asap for a real car until the value plummets even more?
Jan 15, 2023 8:06 PM
771 Comments
Joined Dec 2014
JellyBellyMDJan 15, 2023 8:06 PM
771 Comments
Quote from Pga :
Hah Champ, I see you are still continuing on ignoring the fact that the made up BMW maintenance list tried to pass off as Factory Recommendation includes a 90K mile replacement of a component that doesn't exist on BMW engines.

Yeah buddy those are gear fluids with special additives to work with particular DIFFETENTIALS. There's no such thing as AWD fluid, this is why the two differential fluids aren't interchangeable. Here's generic version of the latter "AWD" fluid.....not surprisingly it's called differential gear oil https://www.napaonline.com/en/p/AIC3410300

Spanking you around has been fun, but I'm getting tried of shooting fish in the barrel. So I'm off to finding more stimulating things to do.
Hey Chief, I see you are a true Me can hack. Go ahead and put differential oil in a Haldex AWD unit and note these important little service bulletins

Unlike differential oil, which lubricates; the Haldex oil is very specific and promotes friction between the faces of the multi-plate clutch setup.

The Haldex oil is a non-lubricative oil to promote friction of the clutch plates and using any other oil can result in a total loss of drive from the rear effectively converting your car into a front wheel drive.

Tell me again, you must be a mechanic because you have a lift in your garage.......LoL

And I have a set Snap-on wrenches. Guess that qualifies me too.
Jan 15, 2023 8:12 PM
43 Comments
Joined Nov 2013
DnewwenJan 15, 2023 8:12 PM
43 Comments
Quote from currocj :
You're rocking a new Tesla Model Y. A little gratitude
Gratitude? I work for the money to buy it. It wasn't free , but thank you for allowing my Tesla to depreciate 14k in two weeks. I really appreciated it.
Last edited by Dnewwen January 15, 2023 at 12:28 PM.
Jan 15, 2023 8:14 PM
45 Comments
Joined Aug 2006
seatopenJan 15, 2023 8:14 PM
45 Comments
Quote from anhdongtx :
It's the tax credit that people are worried about

Also you can only physically lower so much
There were many articles stating that Congress may not be able to nail down the specifics of the Federal Tax Credit regarding the origin of the battery by march. That means that March may not be a hard deadline. Come the beginning of March if Tesla is not meeting performance goals they may lower the price a bit or offer the same 15k supercharger credit. When my wife bought her Tesla last year, it was $40k and qualified for CVRP. Tesla automatically processed her CVRP for $1500 and she didn't need to submit any paperwork. From what some users are saying, she should have probably been given $2000 from CVRP.

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Jan 15, 2023 8:29 PM
1.5K Comments
Joined Dec 2018
BilboMcBaggins69Jan 15, 2023 8:29 PM
1.5K Comments
Quote from TofuVic :
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.

I hope this helps,
Tofu Vic
Lol wow I would have returned and rebought
Jan 15, 2023 8:29 PM
764 Comments
Joined Jun 2006
n8236Jan 15, 2023 8:29 PM
764 Comments
My friend says the 7.5k credit is given to leasing consumers upfront by Tesla but their calc doesn't suggest that. According to the IRS, it's up to manufacturers to pass along this savings.

Can anyone confirm?
Jan 15, 2023 8:33 PM
3.9K Comments
Joined Oct 2006
MacB00kemDannoJan 15, 2023 8:33 PM
3.9K Comments
We went ahead and pulled the trigger. Model Y in blue with the tow hitch. Went ahead and financed with Tesla to streamline things, but will hit up one of the credit unions offering 2.75 to 2.99% once the dust settles. Now I'm on Amazon adding accessories to my cart (floor/cargo mats, center console organizer, Spigen matte glass screen protector (works wonders in my Model 3).
Jan 15, 2023 8:34 PM
450 Comments
Joined Mar 2012
DC13Jan 15, 2023 8:34 PM
450 Comments
Quote from currocj :
You're rocking a new Tesla Model Y. A little gratitude
I would be embarrassed. Advertised on your paper plates : "I got screwed over and scammed by Tesla"
Jan 15, 2023 8:34 PM
6.9K Comments
Joined May 2011
CDIJan 15, 2023 8:34 PM
6.9K Comments
Quote from rrc06 :
Was actually thinking about having my wife buy one through her mom to get the credit... Model y 5 seater for $45k, could always flip later
That's how you make it slick slick...

(Then again, our Model X was a tax write off against our household business. Peace)
Jan 15, 2023 8:36 PM
509 Comments
Joined May 2018
vndragonslayerJan 15, 2023 8:36 PM
509 Comments
why such hate for cars heavily discount that cost cheaper than ice cars that dealers won't budge 15k mark up?
1
Jan 15, 2023 8:36 PM
3.1K Comments
Joined Apr 2010
madmoney1Jan 15, 2023 8:36 PM
3.1K Comments
Quote from dealhunt_101 :
It does indeed, and I am surprised. I thought the order fee was equivalent to the "doc fee" that traditional dealers charge. I see the $250 I paid at the time of ordering, adjusted from the final price.
Thanks for the info. No sales tax plus $2k credit? That's like a $5K to $6K savings. I wish I lived in NJ......

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Jan 15, 2023 8:36 PM
3.7K Comments
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 15, 2023 8:36 PM
3.7K Comments
Quote from AlexK6706 :
A little bit of a video about this allegedly luxury super sports car:

Here's Why Tesla Car Values Have Dropped So Fast [youtube.com]
1)Which used cars didn't drop fast 22 onward & 2) which cars spiked higher than Tesla in 2021? Lastly (3), why does YoY $ used car noise matter so much to Tesla thread crappers? It can't be you're paid to sow negative sentiment because there's likely not a single person dissuaded by slickdeals thread crappers. In fact, you're more likely just helping Tesla sell more cars where any publicity is good.
Last edited by Anonymous January 15, 2023 at 12:55 PM.

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