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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 11:36 PM
240 Comments
Joined Nov 2014

This comment has been rated as unhelpful by Slickdeals users.

Jan 16, 2023 11:40 PM
201 Comments
Joined Nov 2016
sm1907Jan 16, 2023 11:40 PM
201 Comments
Quote from JellyBellyMD :
I thought you only charged these to 80%?
why are you looking at the inventory? go and custom order directly from tesla.com for 52,990
Jan 16, 2023 11:40 PM
25 Comments
Joined Nov 2010
CrayPharmaJan 16, 2023 11:40 PM
25 Comments
So for people who ordered, when did you order and what delivery dates did you get?
Jan 16, 2023 11:44 PM
109 Comments
Joined Oct 2006
mowerpowerJan 16, 2023 11:44 PM
109 Comments
Quote from aangeli425 :
Keep in mind that when you do your taxes, if you dont owe money to the IRS, the tax credit is pointless. It's only good if you owe money when you do your taxes. If you happened to owe $1000 it will only cover $1000. Please do not make the mistake of thinking you are going to get the credit if you dont owe money when you do your taxes.
I thought this was based on tax liability, not on whether or not you owe $ at the time of filing returns.
Jan 16, 2023 11:45 PM
1.4K Comments
Joined Oct 2011
thinh4u2Jan 16, 2023 11:45 PM
1.4K Comments
Quote from BrightHalibut7933 :
https://www.irs.gov/credits-deduc...3-or-after


any other 3 row options that're below $50K real world price.. Very few SUVs even come close to OP Y deal:



Audi of America, LLC


Model Year Vehicle Description Applicable MSRP Limit
2023 Audi Q5 TFSI e Quattro (PHEV) $80,000
BMW of North America, LLC

Model Year Vehicle Description Applicable MSRP Limit
2021, 2022, 2023 BMW 330e $55,000
2021, 2022, 2023 BMW X5 xDrive45e $80,000
Ford Motor Company (including Ford and Lincoln brands)

Model Year Vehicle Description Applicable MSRP Limit
2022, 2023 Ford Escape Plug-In Hybrid $55,000
2022, 2023 Ford E-Transit $80,000
2022, 2023 Ford F-150 Lightning $80,000
2022, 2023 Ford Mustang Mach-E $55,000
2022, 2023 Lincoln Aviator Grand Touring $80,000
2022, 2023 Lincoln Corsair Grand Touring $55,000
General Motors LLC (including GMC, Chevrolet, Buick, Cadillac brands)

Model Year Vehicle Description Applicable MSRP Limit
2022, 2023 Chevrolet Bolt $55,000
2022, 2023 Chevrolet Bolt EUV $55,000
2022, 2023 Cadillac Lyriq $55,000

Volkswagen Group of America


Model Year Vehicle Description Applicable MSRP Limit
2023 Volkswagen ID.4 $55,000
2023 Volkswagen ID.4 Pro $55,000
2023 Volkswagen ID.4 Pro S $55,000
2023 Volkswagen ID.4 S $55,000
2023 Volkswagen ID.4 AWD Pro $80,000
2023 Volkswagen ID.4 AWD Pro S $80,000
Volvo Car North America, LLC


Model Year Vehicle Description Applicable MSRP Limit
2022 Volvo S60 (PHEV) $55,000
2022 Volvo S60 Extended Range $55,000
2023 Volvo S60 T8 Recharge (Extended Range) $55,000
From the same link you used:
2022, 2023 Tesla Model 3 Rear Wheel Drive $55,000
2022, 2023 Tesla Model 3 Long Range $55,000
2022, 2023 Tesla Model Y All-Wheel Drive - 7 seat variant (3-rows) $80,000
2022, 2023 Tesla Model Y Long Range - 7 seat variant (3-rows) $80,000
2022, 2023 Tesla Model Y Performance - 7 seat variant (3-rows) $80,000
2022, 2023 Tesla Model Y All-Wheel Drive - 5 seat variant (2-rows) $55,000
2022, 2023 Tesla Model Y Long Range - 5 seat variant (2-rows) $55,000
2022, 2023 Tesla Model Y Performance - 5 seat variant (2-rows) $55,000

But again, this is with the non-updated guidelines. They're coming out with new guidelines when they meet in March, but for now all that is up in the air.
Jan 16, 2023 11:47 PM
1.9K Comments
Joined Apr 2007
topchoJan 16, 2023 11:47 PM
1.9K Comments
Quote from mowerpower :
I thought this was based on tax liability, not on whether or not you owe $ at the time of filing returns.
You are correct. What you owe at the time of filing is totally irrelevant.
Jan 16, 2023 11:48 PM
1K Comments
Joined Jul 2005
jayJan 16, 2023 11:48 PM
1K Comments
Quote from TheKingofDeals :
EDIT: Never mind a few post down someone stated Tesla only offers CC use for deposit.
Per Tesla: Note: Credit cards are only accepted for the initial order fee.
Planning to add EAP or FSD? Those can be charged to credit card if added after delivery.

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Jan 16, 2023 11:49 PM
509 Comments
Joined May 2018
vndragonslayerJan 16, 2023 11:49 PM
509 Comments
Quote from mowerpower :
I thought this was based on tax liability, not on whether or not you owe $ at the time of filing returns.
some dumb sder think theyre smarter than everyone n think what they owe at time of filing is what their true tax liability is...

line 24 on 1040.. all the math is done for you already.. but theres idiots that naysay n insist that ice civic at 30k is a better deal
Jan 16, 2023 11:49 PM
535 Comments
Joined Nov 2007
pugxiwawaJan 16, 2023 11:49 PM
535 Comments
Quote from aangeli425 :
Keep in mind that when you do your taxes, if you dont owe money to the IRS, the tax credit is pointless. It's only good if you owe money when you do your taxes. If you happened to owe $1000 it will only cover $1000. Please do not make the mistake of thinking you are going to get the credit if you dont owe money when you do your taxes.
No. It's about tax liability. it's not the same as tax owed or refund at filing. That is irrelevant.
Jan 16, 2023 11:54 PM
603 Comments
Joined May 2020

This comment has been rated as unhelpful by Slickdeals users.

Jan 16, 2023 11:55 PM
771 Comments
Joined Dec 2014
JellyBellyMDJan 16, 2023 11:55 PM
771 Comments
Quote from sm1907 :
why are you looking at the inventory? go and custom order directly from tesla.com for 52,990
Huh? He stated the Standard Range was 270 miles at full charge. I thought for battery longevity you only charged to 80% which would reduce that 270 miles by 20% or 54 miles.
Jan 17, 2023 12:00 AM
325 Comments
Joined Sep 2017
dinapsolineJan 17, 2023 12:00 AM
325 Comments
Quote from pugxiwawa :
No. It's about tax liability. it's not the same as tax owed or refund at filing. That is irrelevant.
Maybe i'm dense but shouldn't your tax liability equal what you owe…?
Jan 17, 2023 12:02 AM
304 Comments
Joined Dec 2016
anhdongtxJan 17, 2023 12:02 AM
304 Comments
Quote from dinapsoline :
Maybe i'm dense but shouldn't your tax liability equal what you owe…?
Some people prepay and owe nothing at filing
Jan 17, 2023 12:03 AM
109 Comments
Joined Oct 2006
mowerpowerJan 17, 2023 12:03 AM
109 Comments
Quote from sm1907 :
why are you looking at the inventory? go and custom order directly from tesla.com for 52,990
I think the risk there is if delivery doesn't happen by the end of February you might not get the tax credit or it might be reduced.

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Jan 17, 2023 12:04 AM
226 Comments
Joined Jan 2007
fmcfad01Jan 17, 2023 12:04 AM
226 Comments
Quote from dinapsoline :
Maybe i'm dense but shouldn't your tax liability equal what you owe…?
Everyone is mixing up language. Yes, you owe your tax liability, but people are using owe in the context of, after you prepare your return, do you need to write a check (owe) or will you get a return. It has nothing to do with the results of your return. It has to do with how much you made, your tax bracket %, and some other factors. If you made enough to owe at least $7500 in federal tax liability, you get the credit.

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