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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 2,614,720 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 07:07 PM
677 Posts
Joined Apr 2007
happens31Jan 16, 2023 07:07 PM
677 Posts
Going on a test drive today for the model y. Haven't decided on 5 or 7 seats but did get pre-approved with Penfed but think I could find another bank that offers lower. I do have a few questions if any of you are willing to truly help with.
Once I order the Tesla I want which will be financed by my bank which option am I choosing on Tesla's website(cash, financing, loan)?

Is it best to custom to get it cheaper and with what features?

Is the white interior easy to clean?
I have many more questions but I am reading through theses posts but the insults are just taking away from what those of use are trying to doing. So any help would be appreciated. Thanks
Jan 16, 2023 07:08 PM
304 Posts
Joined Dec 2016
anhdongtxJan 16, 2023 07:08 PM
304 Posts
Quote from vndragonslayer :
why stop at bike.. just use your two feet that you were born with.. unlimited mileage and doesnt cost gas/elec and its very environmentally friendly sans u dont eat too much shit that require methane pollution
They are probably too lazy to walk

I saw an electric bike on clearance at Costco for $999

Probably cheapest mode of transportation without spending your own energy
Jan 16, 2023 07:08 PM
310 Posts
Joined Oct 2006
GVSLJan 16, 2023 07:08 PM
310 Posts
Opposite of what you said
Never buy cash even if you have the money
1
Jan 16, 2023 07:10 PM
4,330 Posts
Joined Apr 2012
twoweeledJan 16, 2023 07:10 PM
4,330 Posts
Quote from happens31 :
Going on a test drive today for the model y. Haven't decided on 5 or 7 seats but did get pre-approved with Penfed but think I could find another bank that offers lower. I do have a few questions if any of you are willing to truly help with.
Once I order the Tesla I want which will be financed by my bank which option am I choosing on Tesla's website(cash, financing, loan)?

Is it best to custom to get it cheaper and with what features?

Is the white interior easy to clean?
I have many more questions but I am reading through theses posts but the insults are just taking away from what those of use are trying to doing. So any help would be appreciated. Thanks
I bank with PenFed and seen their interest rates were higher than expected. I didn't call, just seen it on the website. What rate did you see at Pen Fed? Thanks
Jan 16, 2023 07:11 PM
34 Posts
Joined Apr 2013
MarcoManJan 16, 2023 07:11 PM
34 Posts
If people here are considering buying a Tesla, don't overlook registration and insurance costs in your monthly calculations. Both are reasonably higher compared to regular cars. Plus there are higher interest rates - but those apply to any car I guess. Higher the price, higher the payment.

Glad I got my hybrid well before this madness started.
Jan 16, 2023 07:11 PM
196 Posts
Joined Nov 2022
BrightHalibut7933Jan 16, 2023 07:11 PM
196 Posts
Quote from DeeDon :
Toyota Highlander Hybrid Platinum. After tax credit, the Model Y will be cheaper. Although, the Highlander has a bit more extra features (some of which I don't really know if I will really need)
Highlander Hybrid needs to go prime and be avail. nationwide unlike the current 10 avail. nationwide. Toyota really dropped the ball on PH EV after inventing the market with Prius. I think intentionally due to their cautious attitude.
Jan 16, 2023 07:12 PM
1,786 Posts
Joined Mar 2013
sillar68Jan 16, 2023 07:12 PM
1,786 Posts
Quote from pugxiwawa :
Lol no offense but you might be the first person I've ever heard prefers CRV over Tesla. I'm not even sure how these 2 cars are comparable. Did you even test drive or sit in Tesla before you buy? No tilt display or no CarPlay is not something new. Like should be immediately obvious if you sat in one before you bought. Does your CRV have side camera?
Besides it being an EV, what are the top 5 things that impress you about your model Y?

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Jan 16, 2023 07:15 PM
521 Posts
Joined Dec 2008
slayuJan 16, 2023 07:15 PM
521 Posts
Quote from vishnumrao :
Model 3 and Model Y were previously disqualified from the $2000 CA CVRP rebate due to them exceeding the 45K and 60K price limits respectively. Now that they are well within the price ranges, anyone know CVRP will reconsider giving Tesla vehicles the rebate?

Source of information: Can I apply for a rebate for my Tesla Model 3 or Tesla Model Y? | Clean Vehicle Rebate Project

I believe CVRP will not start allowing Tesla again. Maybe SDers in CA can petition them?? :-) for an even slicker deal.
It looks like there's a in income limit for the CVRP program as well?
1
Jan 16, 2023 07:17 PM
4,286 Posts
Joined Dec 2008
oghowieJan 16, 2023 07:17 PM
4,286 Posts
Sucks for anyone that bought in 2022, but Tesla just put pressure on everyone to lower new and used car prices.
Jan 16, 2023 07:19 PM
957 Posts
Joined Nov 2013
mtx1212Jan 16, 2023 07:19 PM
957 Posts
tesla will still be overstocked after Q1 based on their current production output
so expect perhaps another round of price reduction
Jan 16, 2023 07:19 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 07:19 PM
509 Posts
Quote from MarcoMan :
If people here are considering buying a Tesla, don't overlook registration and insurance costs in your monthly calculations. Both are reasonably higher compared to regular cars. Plus there are higher interest rates - but those apply to any car I guess. Higher the price, higher the payment.

Glad I got my hybrid well before this madness started.
tesla insurance is cheaper than ice insurance with household name like farmers, statefarm, geica, aaa, allstate
Jan 16, 2023 07:20 PM
2,349 Posts
Joined Jun 2009
Deal_Breaker2Jan 16, 2023 07:20 PM
2,349 Posts
So Tesla model y and 3 have no sensors? Watch this video:

https://youtu.be/qBRDHWJrINM
Jan 16, 2023 07:21 PM
509 Posts
Joined May 2018
vndragonslayerJan 16, 2023 07:21 PM
509 Posts
Quote from GVSL :
Opposite of what you said
Never buy cash even if you have the money
ok take those loan above 5% when savings are 5%...throwing away money because u dont believe in paying cash.. have fun investing in this recession with the stock market
Jan 16, 2023 07:22 PM
310 Posts
Joined Oct 2006
GVSLJan 16, 2023 07:22 PM
310 Posts
Quote from vndragonslayer :
ok take those loan above 5% when savings are 5%...throwing away money because u dont believe in paying cash.. have fun investing in this recession with the stock market
Car isn't an investment.

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Jan 16, 2023 07:22 PM
184 Posts
Joined Mar 2007
cannon007Jan 16, 2023 07:22 PM
184 Posts

Quote :
Quote from vndragonslayer :
ok take those loan above 5% when savings are 5%...throwing away money because u dont believe in paying cash.. have fun investing in this recession with the stock market
sillar68Besides it being an EV, what are the top 5 things that impress you about your model Y?
​short everything. that how you make money in this market lol

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