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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 2,616,092 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.

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 16, 2023 02:25 AM
38 Posts
Joined Jan 2023
SharpArm7549Jan 16, 2023 02:25 AM
38 Posts
Quote from MeCheap :
FYI for those looking at buying a Tesla. Reddit Post [reddit.com]
And keep in mind that this post is on a Tesla hate subreddit that (like most subreddits) actively censors any posts or comments that do not conform to their agenda.

Reddit used to be a good source of information, but those days are long gone. All it is now is a series of echo chambers.
1
Jan 16, 2023 02:27 AM
346 Posts
Joined Mar 2012
hol2izon08Jan 16, 2023 02:27 AM
346 Posts
Does anyone know if the model Y, based model, will still qualify for the $2k charge up NJ incentives?
Jan 16, 2023 02:45 AM
543 Posts
Joined Feb 2014
CableBroJan 16, 2023 02:45 AM
543 Posts
Geez! Now im buying a Tesla because of SD. Thanks alot. Just ordered my long range Model Y
1
Jan 16, 2023 02:48 AM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 16, 2023 02:48 AM
3,694 Posts
Quote from honestabe :
Have a Silverado EV reservation at the moment, but chances are it will be the same siht show. Agree on the powerwall but I decided on a cheapo generator instead. The cost to update my electrical panel for powerwall costs too much.
Hear that buddy. I have inver genny & transfer switch but not nearly same. This seemed next level. But I see more Rivian in wild than lightning, Ford planning failed. Still long $F! laugh out loud
Last edited by Anonymous January 15, 2023 at 08:15 PM.
Jan 16, 2023 02:49 AM
1,564 Posts
Joined May 2018
mintblue3411Jan 16, 2023 02:49 AM
1,564 Posts
Quote from seatopen :
Lol, are you saying that even with the sickening one pedal braking you would have chosen the Model Y if you could buy it for $43k?
I heard it can be disabled
Jan 16, 2023 02:49 AM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 02:49 AM
509 Posts
Quote from seatopen :
I realize that. I have been shopping for a Civic for several months. I was just being conservative and saying $26k (msrp). It is a no brainer to buy the Tesla Model 3 at $34k instead of a $30k Civic.
do clean cars for 9500 + cvrp for 7500 after feb 28th.. no brainer
Jan 16, 2023 02:51 AM
11 Posts
Joined Jul 2021
panda232Jan 16, 2023 02:51 AM
11 Posts
Quote from hol2izon08 :
Does anyone know if the model Y, based model, will still qualify for the $2k charge up NJ incentives?
Yes. I got the grey Model Y and I qualified for NJ charge up incentive. Got $2k off my final payment.

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Jan 16, 2023 02:51 AM
526 Posts
Joined Mar 2019
ggaproprosJan 16, 2023 02:51 AM
526 Posts
Quote from MeCheap :
FYI for those looking at buying a Tesla. Reddit Post [reddit.com]
Tesla could charge $140,000 for the model Y like a mercedes MQB and probably not have this happen.. but thats for people born into wealth
Jan 16, 2023 02:52 AM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 16, 2023 02:52 AM
3,694 Posts
Quote from Hawk2007 :
I would never spend $100k for an F-150. You can get a fully loaded three quarter ton for under $100k last time I checked around covid 2020. Diesel engine and all the creature comforts in the cab.
Intelligent backup (bidirectional) is a game changer Tesla will be stubborn to support. Unfortunately F beholden to shit legacy dealers, supply shortage & piss-poor guidance.
Last edited by Anonymous January 15, 2023 at 08:06 PM.
Jan 16, 2023 02:52 AM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 02:52 AM
509 Posts
Quote from panda232 :
Yes. I got the grey Model Y and I qualified for NJ charge up incentive. Got $2k off my final payment.
too bad theres no incentives for horse or civic / porsche!.. damn uncle joe!
Jan 16, 2023 02:53 AM
59 Posts
Joined Aug 2017
KrazyDesiJan 16, 2023 02:53 AM
59 Posts
so can we claim 7500 fed tax credit in year 2022 if we buy tesla model y between jan -march 2023 or it has to be in year 2023 return that will be filed next year?
1
Pro
Jan 16, 2023 03:03 AM
893 Posts
Joined Jun 2005
scraejtp
Pro
Jan 16, 2023 03:03 AM
893 Posts
Quote from KrazyDesi :
so can we claim 7500 fed tax credit in year 2022 if we buy tesla model y between jan -march 2023 or it has to be in year 2023 return that will be filed next year?
Next year.
Jan 16, 2023 03:13 AM
1,211 Posts
Joined Oct 2008
California-BoyJan 16, 2023 03:13 AM
1,211 Posts
Thanks for sharing.. I wished Musk will refund the difference for those who bought it within a month. But as few people mentioned in the article, I will be happy if they offer Full Self-Driving Capability for those buyers even though I don't really need it. Hopefully that will give some value to the car and Tesla doesn't need to spend more other than updating the software for the car.
Jan 16, 2023 03:21 AM
605 Posts
Joined Nov 2020
rajeshDaJan 16, 2023 03:21 AM
605 Posts
Does the total cost include destination fee to be below 55k for tax credit eligibility? With destination fee mine is just over 55k.
1

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Jan 16, 2023 03:22 AM
2,898 Posts
Joined Jun 2007
iceage2007Jan 16, 2023 03:22 AM
2,898 Posts
Quote from Klipsch :
Thanks for sharing.. I wished Musk will refund the difference for those who bought it within a month. But as few people mentioned in the article, I will be happy if they offer Full Self-Driving Capability for those buyers even though I don't really need it. Hopefully that will give some value to the car and Tesla doesn't need to spend more other than updating the software for the car.
Not a bad idea.
Actually it's a great idea. Go on Twitter and ask Mr. Musk about that.

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