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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 16, 2023 1:35 AM
6.2K Comments
Joined Mar 2011
The_DougJan 16, 2023 1:35 AM
6.2K Comments
Quote from bob61 :
It will be interesting to see what Kia EV6 value is in 3 years vs. the MY. That most likely will make you even more pissed. BTW, I looked at EV6 a while back, nice car, but dealer a douche and wanted to add on $10K to the sticker price. Now imagine how pissed I'd be if I paid that and now see the MY pricing.
The value in 3 years won't matter nearly as much as what percent of its original range remains in 10. Neither company has data on that though.

At least I got a much better APR than you can get right now.
Jan 16, 2023 1:47 AM
1.8K Comments
Joined Dec 2007
triggerhappy007Jan 16, 2023 1:47 AM
1.8K Comments
Quote from NathanN7884 :
Can 2023 purchase be filed with tax returns this year or do we have to wait? I keep seeing conflicting information
If you buy it this year, you'll file for the tax credit when you do taxes next year.
Jan 16, 2023 1:48 AM
179 Comments
Joined Jan 2009
mag48Jan 16, 2023 1:48 AM
179 Comments
How long likely until we start seeing these coming with the HW4 that is supposed to be announced sometime this month?
Jan 16, 2023 1:54 AM
45 Comments
Joined Aug 2006

This comment has been rated as unhelpful by Slickdeals users.

Jan 16, 2023 1:54 AM
481 Comments
Joined Jul 2014
FMXPJan 16, 2023 1:54 AM
481 Comments
I'm only here to mention that this is the first SD thread I've seen pass a million views in a long time.
1
Jan 16, 2023 1:56 AM
1.1K Comments
Joined Jan 2011
PowzaJan 16, 2023 1:56 AM
1.1K Comments
Does anyone have a list of things that current Model Y Performance has.

Like, recently they downgraded rear Brembo performance brakes on Y to small brakes with a big red cover.
Parking sensors, I understand those were removed.

What else? Is there a list?
Last edited by Powza January 15, 2023 at 06:01 PM.
Jan 16, 2023 1:59 AM
3.9K Comments
Joined Oct 2006
MacB00kemDannoJan 16, 2023 1:59 AM
3.9K Comments
Quote from skinnywallet42 :
7 seater allows for MSRP of 80K.
This is correct. I briefly considered the 7-seater, but it's only good for kids or adults 5'4" or shorter. And even then, it's ultra tight:

https://youtu.be/pHvkITGct9k

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Jan 16, 2023 2:01 AM
1.4K Comments
Joined Oct 2011
thinh4u2Jan 16, 2023 2:01 AM
1.4K Comments
Quote from SamS :
Tesla doesn't need to 'deplete' 18650/2170 batteries, there are building as many as they can. The 4680 is not designed to go in the 3/S/X, anyways. It would need a major reconfigure of the chassis and associated manufacturing lines.
Actually, I have seen comments from multiple car news sites stating that they are starting to put the 4680 into the Model Y, and the goal is to implement this in all Teslas including the 3/S/X. It's more bang-for-buck for Tesla, and for the customers
Jan 16, 2023 2:08 AM
509 Comments
Joined May 2018
vndragonslayerJan 16, 2023 2:08 AM
509 Comments
Quote from seatopen :
Tesla is a shittee company when it comes to moving their prices up and down like a yo-yo. Screwed many customers that purchased before December 2022. Especially the Model Y. But right now the price of a Model 3 is really attractive. $44k msrp - $7500 fed credit - $2k cvrp = $34.5k for a really nice car. I am going to order one right after the cvrp is confirmed and see how much depreciation has occured on the used car market. Much rather drive a Model 3 than a $24-26k civic or corolla. My wife currently owns one and I don't see any of the bad build quality mentioned. Tesla sold hundreds of thousands of vehicles, of course there are going to be some lemons. Every car manufacturers have lemons. Especially when posters are talking about VW and Hyundais and Kias brands. Those brands are renowned for having unreliable cars.
civic are 30k.. no honda dealer selling msrp without their package of protection coat, mudguard and badges without $5k markups
Jan 16, 2023 2:12 AM
535 Comments
Joined Nov 2007
pugxiwawaJan 16, 2023 2:12 AM
535 Comments
Quote from Powza :
Does anyone have a list of things that current Model Y Performance has.

Like, recently they downgraded rear Brembo performance brakes on Y to small brakes with a big red cover.
Parking sensors, I understand those were removed.

What else? Is there a list?
0-60 in 3.5 seconds
21" uberturbine wheel
Jan 16, 2023 2:13 AM
4.4K Comments
Joined Feb 2010
turns2stoneJan 16, 2023 2:13 AM
4.4K Comments
Quote from thinh4u2 :
Actually, I have seen comments from multiple car news sites stating that they are starting to put the 4680 into the Model Y, and the goal is to implement this in all Teslas including the 3/S/X. It's more bang-for-buck for Tesla, and for the customers
They are indeed putting 4680 in Austin-built model Ys. But those have lower range/less power due to the energy density of the 4680s.

Yes, the goal is to use 4680s in all Tesla models. But that could take a decade, and lots of refinement/optimizations.
Jan 16, 2023 2:16 AM
1.8K Comments
Joined Dec 2007
triggerhappy007Jan 16, 2023 2:16 AM
1.8K Comments
Quote from jeffkhlam :
Quick question: Child tax credit is refundable, right? So will the $7500 non refundable applied first , and then the refundable child tax credit can be refunded?
Not for 2022, it's non-refundable, but there is an additional child tax credit where you can get up to $1,500/child if you can't get the regular child tax credit:

https://turbotax.intuit.com/tax-t.../L4IBvQted

I think 2023 will be the same as 2022.
Last edited by triggerhappy007 January 15, 2023 at 06:45 PM.
Jan 16, 2023 2:16 AM
45 Comments
Joined Aug 2006
seatopenJan 16, 2023 2:16 AM
45 Comments
Quote from mintblue3411 :
I can't get tax credit, otherwise will be no brain purchase
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?
Jan 16, 2023 2:20 AM
487 Comments
Joined Jan 2005
MeCheapJan 16, 2023 2:20 AM
487 Comments
FYI for those looking at buying a Tesla. Reddit Post [reddit.com]

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Jan 16, 2023 2:20 AM
45 Comments
Joined Aug 2006
seatopenJan 16, 2023 2:20 AM
45 Comments
Quote from vndragonslayer :
civic are 30k.. no honda dealer selling msrp without their package of protection coat, mudguard and badges without $5k markups
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.

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