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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 2,615,102 Views
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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 16, 2023 05:21 PM
9 Posts
Joined Jul 2022
SkillfulStep2059Jan 16, 2023 05:21 PM
9 Posts
Quote from wish_sonu :
The answer:

http://ozopplus.com/
this is inaccurate.
Jan 16, 2023 05:21 PM
397 Posts
Joined Nov 2005
OutlawdevilJan 16, 2023 05:21 PM
397 Posts
Quote from ktop4u :
How is everyone financing this? 5.4 seems too high for loan amount. Third party financing?
What is the step to do that?
800/month for 72 months seems like a lot and that's after 4500k down...
Where can you get a better rate? This is like the norms because fed funds rate at 4.25-4.5%
Jan 16, 2023 05:28 PM
9 Posts
Joined Jul 2022
SkillfulStep2059Jan 16, 2023 05:28 PM
9 Posts
Quote from CrazyOne :
Bought Tesla Y 2023 and so disappointed. It is crazy noisy on Freeway. It doesn't have a parking assistant. The display is not tilted. No Carplay support. Rear view camera is horrible. My Honda CRV 2017 is much better for half of the price. My wife ask me to return that garbage can, but tesla removed the 15 days return policy.
The above mentioned are all well known facts. (there was some discussion on Carplay support in v11 firmware update), So, why did you buy the Tesla Model Y?.
Jan 16, 2023 05:28 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 16, 2023 05:28 PM
532 Posts
Quote from bsmlk :
Thanks for the heads up. I am looking to implement the Juicebox 40 home charger installation through PSE&G as well.

I am still in the process of gathering information regarding all applicable rebates through NJ.

Can you please PM me with some helpful information regarding the PSEG EV application?

Were you able to qualify for the $250 rebate by purchasing through Costco?
PSEG EV program only covers installation charge, ie cost of getting electron to install, up to $1500. Doesn't cover actual cost of charger, however it requires you to purchase either ChargePoint or JuiceBox so they can meter your EV usage, and apply 0.02/kwh discount. You can also get 30% tax credit back from federal for the overall installation (labor + cost of charger), so all in all getting charger installed is almost free in NJ. Good luck.
Jan 16, 2023 05:30 PM
753 Posts
Joined Jan 2007
trandtJan 16, 2023 05:30 PM
753 Posts
Quote from thinh4u2 :
Oh nice, so you selected from available inventory and that sped it up, makes sense.

I was in a rush and did the "Order Now", so I am assuming mine has to be built. Oh man, hope it doesn't take too long. I also ordered mine on Friday before noon. By time I checked the inventory later that afternoon, all the model Y < 55k were gone.

I ordered mine on Friday afternoon (Price drop was Thurs Night).

Model Y LR, Metallic silver with White interior. Showing Feb 3 - to March 3 Delivery Date on my Tesla App. Updated on Saturday. Before it was "Jan to Mar"
Jan 16, 2023 05:32 PM
776 Posts
Joined Oct 2009
Hexum944Jan 16, 2023 05:32 PM
776 Posts
Quote from CrazyOne :
Bought Tesla Y 2023 and so disappointed. It is crazy noisy on Freeway. It doesn't have a parking assistant. The display is not tilted. No Carplay support. Rear view camera is horrible. My Honda CRV 2017 is much better for half of the price. My wife ask me to return that garbage can, but tesla removed the 15 days return policy.
The very loud road noise is one of the main reasons I'll likely never get a Tesla.
Jan 16, 2023 05:32 PM
2,557 Posts
Joined Oct 2011
DanguardAceJan 16, 2023 05:32 PM
2,557 Posts
Just put in an order for a Y. Est delivery is January to march. I am paying cash...at what point do you complete the payment..the week before they deliver or when they send you a vin? Thanks.

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Jan 16, 2023 05:37 PM
6,855 Posts
Joined Dec 2007
ELofLAJan 16, 2023 05:37 PM
6,855 Posts
Quote from wish_sonu :
The answer:

http://ozopplus.com/
Don't feed the troll
Jan 16, 2023 05:46 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 05:46 PM
509 Posts
Quote from MaroonCircle6262 :
Dude you cant compare prius to model Y..
prius is = to the model 3 😃
I go with Model 3 than dummy prius
prius is approach model y pricing.. so yes we can compare.. this is sd.. not quality deals
Jan 16, 2023 05:48 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 05:48 PM
509 Posts
Peace
Jan 16, 2023 05:50 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 05:50 PM
509 Posts
Quote from DanguardAce :
Just put in an order for a Y. Est delivery is January to march. I am paying cash...at what point do you complete the payment..the week before they deliver or when they send you a vin? Thanks.
when you show up to pick up the car.. u have that option in the app
Jan 16, 2023 05:51 PM
1,382 Posts
Joined Oct 2011
thinh4u2Jan 16, 2023 05:51 PM
1,382 Posts
Quote from trandt :
I ordered mine on Friday afternoon (Price drop was Thurs Night).

Model Y LR, Metallic silver with White interior. Showing Feb 3 - to March 3 Delivery Date on my Tesla App. Updated on Saturday. Before it was "Jan to Mar"
Nice, at least you got an update. What city/state are you from?

Ordered mine Friday before noon, still shows Jan to Mar. I kept mine basic everything on White LR.

Was hoping we'd get ours end of Jan/early Feb, but from the looks of it might be mid-Feb or later. Hopefully before the govt updates on the tax credit.
Jan 16, 2023 05:53 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 05:53 PM
509 Posts
Quote from ktop4u :
How is everyone financing this? 5.4 seems too high for loan amount. Third party financing?
What is the step to do that?
800/month for 72 months seems like a lot and that's after 4500k down...
one should not be financing tesla atm due to high interested rate.. buy cash.. if u dont have cash.. dont buy the car.. whole point is to not spend extra on interest which will moot the entire point of a slick deal. 37k tesla 3 is a bargain
2
Jan 16, 2023 05:54 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 05:54 PM
509 Posts
Quote from ktop4u :
How is everyone financing this? 5.4 seems too high for loan amount. Third party financing?
What is the step to do that?
800/month for 72 months seems like a lot and that's after 4500k down...
one should not be financing tesla atm due to high interested rate.. buy cash.. if u dont have cash.. dont buy the car.. whole point is to not spend extra on interest which will moot the entire point of a slick deal. 37k tesla 3 is a bargain
Quote from jplee3 :
FYI/FWIW: a friend of mine recently picked up his Model Y Performance back in December (after waiting half a year at least). He got into an accident a couple weeks back - not his fault but the other driver where she wasn't yielding to his right of way and clipped him on the front driver's side. The damage looks to be isolated primarily to the driver's side fender but it sounds like it's repairable. However, he told me it's going to take 3-4 months for them to repair it :T Fortunately, he has at least one other car and is considering buy another car as well lol. He's a car guy (more or less a mechanic without the official qualification/certificate) so he churns through cars and flips them... it's not a concern for people like him but for everyone else this would kind of be a big deal.
the other insurance should pay for 3-4 months worth of rentals... thats what insurance is for.. other company isn't paying.. get a lawyer.. they'll pay easily.
1

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Jan 16, 2023 05:56 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 05:56 PM
509 Posts
Quote from CrazyOne :
Bought Tesla Y 2023 and so disappointed. It is crazy noisy on Freeway. It doesn't have a parking assistant. The display is not tilted. No Carplay support. Rear view camera is horrible. My Honda CRV 2017 is much better for half of the price. My wife ask me to return that garbage can, but tesla removed the 15 days return policy.
ty for your 2cent.. can you get a 2023 crv at msrp and not inflated scalped stealership 5-10k markup with bullshit badge n stickers?

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