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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

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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 09:38 PM
38 Posts
Joined Jan 2023
SharpArm7549Jan 15, 2023 09:38 PM
38 Posts
Quote from vndragonslayer :
no point in argueing with that ice car shill.. probably paid by toyota/honda who refuses to embrace the ev revolution.. once 2035 hits.. most of the other states will follow california and ban new ice car sales...
I know our government is getting increasingly insane/fascist each year, but I doubt many states will embrace that sort of radically oppressive legislation. I sure hope they don't, and EV adoption will continue to skyrocket regardless. Tesla has shown the world that the way to get people to buy EVs is to make them better cars, and that it's not hard to do that. (It's just hard to make them profitable at the same time, which is why Tesla's many long term investments into doing this has made them successful at it while the competition continues to struggle.)
1
Jan 15, 2023 09:39 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 09:39 PM
2,409 Posts
Quote from MacB00kemDanno :
Doing the seat heater or steering wheel heat is two clicks on the screen. On my wife's Outback, I have to press a button on the dashboard several times to get to the appropriate heat setting (low, medium, high, off).

I find it easier to just press one button on the steering, and I never have to move my hand from the wheel or look down. It's just convenient.

And yes, I have music playing 100% of the time in my car — I listen to YouTube Music over Bluetooth.
Have you ever considered that there are some cars where you don't have to click multiple buttons to turn on steering heating?

This bullshit is that voice control makes any kind of sense when you are in a car listening to music and talking to other people is just that - bullshit. LMAO
Jan 15, 2023 09:42 PM
509 Posts
Joined May 2018
vndragonslayerJan 15, 2023 09:42 PM
509 Posts
Quote from pugxiwawa :
Hey the guy with weird fascination about Porsche is back thread crapping on people wanting to buy Tesla. You have nothing better to do? Stick to topic.
he's upset a 37k tesla is faster than his $73k porsche cayman and doesnt cost an arm to fill up
2
1
Jan 15, 2023 09:43 PM
3,831 Posts
Joined Oct 2006
MacB00kemDannoJan 15, 2023 09:43 PM
3,831 Posts
Quote from AlexK6706 :
Have you ever considered that there are some cars where you don't have to click multiple buttons to turn on steering heating?

This bullshit is that voice control makes any kind of sense when you are in a car listening to music and talking to other people is just that - bullshit. LMAO
This is really tiresome. Are you just in here to antagonize people that are attempting to buy a Tesla or the members here that are trying to help others through the process? Are you buying one?

If not, why are you here sucking up oxygen. Honestly, I don't get it. I used this thread to get some tax guidance on the credit, and I've tried to help others by giving my experience with my Tesla and current low rate financing available. What are you doing to be kind and helpful?
Jan 15, 2023 09:45 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 09:45 PM
2,409 Posts
Quote from MacB00kemDanno :
This is really tiresome. Are you just in here to antagonize people that are attempting to buy a Tesla or the members here that are trying to help others through the process? Are you buying one?

If not, why are you here sucking up oxygen. Honestly, I don't get it. I used this thread to get some tax guidance on the credit, and I've tried to help others by giving my experience with my Tesla and current low rate financing available. What are you doing to be kind and helpful?
As far as I'm concerned if someone doesn't praise Tesla then opinion should not be shared?
1
Pro
Jan 15, 2023 09:47 PM
893 Posts
Joined Jun 2005
scraejtp
Pro
Jan 15, 2023 09:47 PM
893 Posts
Quote from General_Klinger :
I paid MSRP with a 3 month wait on my RAV4 Prime XSE PP. Quit spitting false info.
I looked for months and could not find a dealer willing to sell at MSRP. It may depend on your market, but it is not false information.

The Model Y is very enticing, as it is now cheaper than the Rav4 even at MSRP.
Jan 15, 2023 09:47 PM
38 Posts
Joined Jan 2023
SharpArm7549Jan 15, 2023 09:47 PM
38 Posts
Quote from AlexK6706 :
Buddy, go learn a bit more economics and don't be naive. When demand goes up, price goes up, not the other way around. Whatever your messiah Elon is trying to feed you with that info is pure bullshit because the reality is -70% stock drop and 20% price drop.

Call a Porsche dealership and ask them to if they are willing to discount Macan GTS/911 for 20% and let us know what you hear back. And what you hear back (GTFO) is exactly what happens when product is in demand.
If there is no demand, why have sales numbers (in units) continued to increase each quarter while price has also continued to increase each quarter?

Porsche is a niche brand that targets only the top of the market and produces ~70,000 cars per year. Tesla has 2 new factories ramping up production towards an ultimate capacity of over 1 million cars per year—EACH. If prices remained where they were before this reduction, they would have more production than demand before these factories reached capacity. Hence the price reduction.

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Jan 15, 2023 09:48 PM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 15, 2023 09:48 PM
3,694 Posts
Quote from AlexK6706 :
As far as I'm concerned if someone doesn't praise Tesla then opinion should not be shared?
You've made an exhausting effort tho, some diligent man hours. Kinda makes people wonder who they're really talking to. Don't you have the car we can't afford? Which one is that?
Jan 15, 2023 09:49 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 09:49 PM
2,409 Posts
Quote from SharpArm7549 :
If there is no demand, why have sales numbers (in units) continued to increase each quarter while price has also continued to increase each quarter?

Porsche is a niche brand that targets only the top of the market and produces ~70,000 cars per year. Tesla has 2 new factories ramping up production towards an ultimate capacity of over 1 million cars per year—EACH. If prices remained where they were before this reduction, they would have more production than demand before these factories reached capacity. Hence the price reduction.
Apparently tesla owners neither do math, no economics. No worries, I'm here you enlighten you guys.

Quote :
The price of a product and the quantity demanded for that product have an inverse relationship, as stated by the law of demand. An inverse relationship means that higher prices result in lower quantity demand and lower prices result in higher quantity demand.
3
Jan 15, 2023 09:50 PM
509 Posts
Joined May 2018
vndragonslayerJan 15, 2023 09:50 PM
509 Posts
Quote from scraejtp :
I looked for months and could not find a dealer willing to sell at MSRP. It may depend on your market, but it is not false information.

The Model Y is very enticing, as it is now cheaper than the Rav4 even at MSRP.
he probably paid for his msrp rav 4 prime back in like 19 or 20

imagine using ancient data to compared to current market.. he probably forgot covid happened and how supply chain raised the cost of material and transport on top of dealerscalping
1
Jan 15, 2023 09:58 PM
46 Posts
Joined Nov 2015
NavLordJan 15, 2023 09:58 PM
46 Posts
Can I register Tesla on my name (primary) and wife's name but use it show under her tax returns filing as married filling separately?

Her credit score is not good so won't be able to get good interest rate. Hoping to get loan on my name but just be able to show it under her returns to qualify 7500 credit.
Jan 15, 2023 09:59 PM
330 Posts
Joined Jun 2008
harumanJan 15, 2023 09:59 PM
330 Posts
Quote from zipxavier :
I've supercharged 4 times in 5 years, who cares about supercharger rates. It's about home electricity rates.
Same, must have home charger. Not really great if you have to wait in line to get charging spot. Also, supercharging has variable rates. At busy times you pay more/higher premium. Sure you pay less charging at nighttime. but are you going to wait until after midnight to charge and sit there and then go home?
Jan 15, 2023 10:00 PM
509 Posts
Joined May 2018
vndragonslayerJan 15, 2023 10:00 PM
509 Posts
Quote from NavLord :
Can I register Tesla on my name (primary) and wife's name but use it show under her tax returns filing as married filling separately?

Her credit score is not good so won't be able to get good interest rate. Hoping to get loan on my name but just be able to show it under her returns to qualify 7500 credit.
you can cosign loan and still have the car in her name.. unless you're trying to scam the irs and just using wife's name for financial gains.. not saying that you're trying to do it..
1
Jan 15, 2023 10:01 PM
330 Posts
Joined Jun 2008
harumanJan 15, 2023 10:01 PM
330 Posts
Quote from vndragonslayer :
u sure u check 2023 prices?

rav 4 prime still 65k without those 6month -2 year reservations..
rav 4 hybrid still 36k
and civic 30k...

welcome to jan 15, 2023 buddy
HOLY crap 65k for RAV4 PRIME? But it's a toyota... Roll Eyes (Sarcastic)

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Pro
Jan 15, 2023 10:06 PM
893 Posts
Joined Jun 2005
scraejtp
Pro
Jan 15, 2023 10:06 PM
893 Posts
Quote from haruman :
HOLY crap 65k for RAV4 PRIME? But it's a toyota... Roll Eyes (Sarcastic)
At the height of the Covid shortages craze there were some listed for $100k. It was stupid.

https://insideevs.com/news/549655...k-dollars/

It has calmed down, but still not back to "normal" at all.

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