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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 2,615,203 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 04:11 PM
4,672 Posts
Joined Mar 2005
1jzgteJan 16, 2023 04:11 PM
4,672 Posts
Quote from Dystien :
People rarely downgrade back to flip phone after they've experience an iPhone.
bruh... a tesla is more comparable to a samsung galaxy phone.. they're nice and shiney on the outside but crap on the inside.. and value will drop to crap as soon as you take delivery of it
3
Jan 16, 2023 04:13 PM
132 Posts
Joined Feb 2007
DystienJan 16, 2023 04:13 PM
132 Posts
Quote from 1jzgte :
bruh... a tesla is more comparable to a samsung galaxy phone.. they're nice and shiney on the outside but crap on the inside.. and value will drop to crap as soon as you take delivery of it
The value drop certainly can't get any worse than buying a new German car.
2
Jan 16, 2023 04:25 PM
2,124 Posts
Joined Aug 2014
hightechieJan 16, 2023 04:25 PM
2,124 Posts
Quote from vndragonslayer :
inventory first if there are models with prices below to meet the tax credit.. as for MI buyer.. google that up
https://www.tesla.com/support/incentives#Indiana
Pro
Jan 16, 2023 04:25 PM
1,095 Posts
Joined May 2011
luo2010
Pro
Jan 16, 2023 04:25 PM
1,095 Posts
anyone have model Y with 7 seat get an ETA?
Jan 16, 2023 04:25 PM
2,124 Posts
Joined Aug 2014
hightechieJan 16, 2023 04:25 PM
2,124 Posts
Jan 16, 2023 04:28 PM
34 Posts
Joined Oct 2015
rajesh53Jan 16, 2023 04:28 PM
34 Posts
Quote from dealhunt_101 :
Now they have been assigning VIN right away. I ordered on Friday, and was assigned it within hours, even though my delivery is scheduled for March.
I ordered on Friday Model Y 7 seater but didn't receive VIN yet.
Jan 16, 2023 04:33 PM
11 Posts
Joined Jul 2021
panda232Jan 16, 2023 04:33 PM
11 Posts
Quote from pugxiwawa :
Instant
Thank you so much for confirming

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Jan 16, 2023 04:36 PM
6,392 Posts
Joined Mar 2005
PedroRJan 16, 2023 04:36 PM
6,392 Posts
Quote from CDI :
No problem at all! Would rather have that capital now then 5-7 years from now. Wink
so your prediction is for lessor earnings ...interesting
Jan 16, 2023 04:37 PM
181 Posts
Joined Oct 2013
AntoPJan 16, 2023 04:37 PM
181 Posts
Quote from eppyramot :
It is 4K if MRSP <=45K then 2k if it is between 45K and 55K.
Do you know if destination fee is included in the calculation?
Jan 16, 2023 04:38 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 16, 2023 04:38 PM
532 Posts
Quote from 1jzgte :
bruh... a tesla is more comparable to a samsung galaxy phone.. they're nice and shiney on the outside but crap on the inside.. and value will drop to crap as soon as you take delivery of it
The amount of thread crapping here is unbelievable. Somehow people want to buy tesla hurt certain insured individuals' feelings.
Jan 16, 2023 04:38 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 16, 2023 04:38 PM
532 Posts
Quote from AntoP :
Do you know if destination fee is included in the calculation?
Exclude destination and fees.
Jan 16, 2023 04:39 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 16, 2023 04:39 PM
3,419 Posts
Quote from JayC3270 :
I ordered two days ago. Got expected delivery date between jan 22 and feb 19
I think it also matters which model you order, color, your location and options. For example I ordered Model 3 Performance on Friday 1/13 evening and it shows estimated delivery: Jan - Feb 2023 in app.
I've completed the registration, no trade in and payment task. No other task listed that need to be completed. I am not in a rush but hoping for Feb delivery at latest should. What I've read and heard is once a VIN is posted in the app your about week out.
Jan 16, 2023 04:41 PM
181 Posts
Joined Oct 2013
AntoPJan 16, 2023 04:41 PM
181 Posts
Quote from pugxiwawa :
Exclude destination and fees.
Ok. Then I can get 2k as NJ rebate for the model y. Good to know. For some reason the order pages shows only 2k for model 3 and nothing for model y.
Jan 16, 2023 04:43 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 16, 2023 04:43 PM
532 Posts
Quote from AntoP :
Ok. Then I can get 2k as NJ rebate for the model y. Good to know. For some reason the order pages shows only 2k for model 3 and nothing for model y.
Right. Heck of a deal for us NJ-ers. Don't forget to look into PSEG EV program. They pay up to $1500 for installation of level 2 charger plus you get 2 cents off per kwh during off peak.

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Jan 16, 2023 04:43 PM
3,814 Posts
Joined May 2013
MoisesA7010Jan 16, 2023 04:43 PM
3,814 Posts
Quote from Dystien :
The value drop certainly can't get any worse than buying a new German car.
$13K+ value drop overnight might be a record though with Tesla

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