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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 2,616,240 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 17, 2023 05:14 PM
1,151 Posts
Joined Jul 2013
buy_now_think_laterJan 17, 2023 05:14 PM
1,151 Posts
Quote from mojo-jojo26 :
I believe you need to stay within NJ (could be just using NJ license & plate will get you away with it) for 2 years after the first day of delivery. Checkout the eligibility criteria for NJ $2000 clean energy rebate.
I guess they can monitor by the state return you file for the next years and claw back if you left NJ.. Not worth it if you left NJ IMHO
Jan 17, 2023 05:14 PM
166 Posts
Joined Mar 2017
mojo-jojo26Jan 17, 2023 05:14 PM
166 Posts
Quote from supreme999 :
I got VIN Assigned within a hour of placing order.they added a delivery date between jan14th to 17th
Wow, I'm still waiting on VIN to be assigned.
Delivery date showing Jan 24th to Feb 21st.
Jan 17, 2023 05:17 PM
429 Posts
Joined Aug 2018
MawsuJan 17, 2023 05:17 PM
429 Posts
Quote from een77 :
Does anyone know if Model Y (<55k configuration) now qualifies for Massachusetts MOR-EV $3500 rebate?
i emailed the mor-ev (Massachusetts) team and a tweet to tesla regarding this last week but no response yet. Not sure due to holidays or they dont care
Jan 17, 2023 05:18 PM
20 Posts
Joined Oct 2016
paps9999Jan 17, 2023 05:18 PM
20 Posts
Quote from mojo-jojo26 :
I believe you need to stay within NJ (could be just using NJ license & plate will get you away with it) for 2 years after the first day of delivery. Checkout the eligibility criteria for NJ $2000 clean energy rebate.
I just saw that the vehicle has to be delivered to NJ to get the 2k and I'll have to drive it back to Texas. 😒
Jan 17, 2023 05:18 PM
2,416 Posts
Joined Jan 2013
tonkotsuJan 17, 2023 05:18 PM
2,416 Posts
Quote from faing :
Have anyone compared the price differences before pandemic, during pandemic and now? I think the price cut is just to bring the price back to a "normal" level. Correct me if I am wrong.
Difference now is that it qualifies for the $7,500 tax credit
Jan 17, 2023 05:19 PM
1,284 Posts
Joined Dec 2015
FishKillaJan 17, 2023 05:19 PM
1,284 Posts
Quote from paps9999 :
I recently moved out of NJ a month ago. But I still have NJ DL. Any possibilities if I can get the rebate but get it shipped to the state I'm currently located at?
You mean committing fraud?
Jan 17, 2023 05:20 PM
2,138 Posts
Joined Sep 2022
norcal007Jan 17, 2023 05:20 PM
2,138 Posts
Quote from tonkotsu :
Depends on the miles and route

It's like a smartphone

You're not supposed to fully charge if you need continuous usage

You generally charge for 20-30 minutes n then continue driving

Even if we round up, the person you know stopped 8 times, 30 minutes each?

Superchargers usually charge about 200 miles per 30 minutes

If your friend was driving 1600 miles (30 minutes x8, your 4 hours) that's not unusual

They knew this going in buying an ev, doesn't matter if it's a tesla or some other ev

What's unusual is not stopping for the restroom, snack, or meal on a 10hr+ trip

That seems to be what you're implying
here in California the wait for using a Tesla charger can be long. I go to Lake Tahoe often and the Tesla chargers off the I80 at Truckee is often 3-5 people waiting in line for use. Thinking that's maybe 2+ hours or more?

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Jan 17, 2023 05:20 PM
429 Posts
Joined Aug 2018
MawsuJan 17, 2023 05:20 PM
429 Posts
Quote from supreme999 :
I got VIN Assigned within a hour of placing order.they added a delivery date between jan14th to 17th
what date/time you order? what color/add-ons?

I ordered white/standard mylr on Fri (01/13) 2pm est, app shown me Jan 23-Feb 20 estimate but no vin on Sunday morning
Jan 17, 2023 05:20 PM
24 Posts
Joined Jan 2023
LovelyRain4135Jan 17, 2023 05:20 PM
24 Posts
Quote from FishKilla :
Isn't that a straw purchase?
No its a smart business decision
Jan 17, 2023 05:22 PM
20 Posts
Joined Oct 2016
paps9999Jan 17, 2023 05:22 PM
20 Posts
Quote from FishKilla :
You mean committing fraud?
Nope! An inquiry
Jan 17, 2023 05:23 PM
1,284 Posts
Joined Dec 2015
FishKillaJan 17, 2023 05:23 PM
1,284 Posts
Quote from paps9999 :
I can live with that. And do a title transfer later. Just want to know the possibilities and complexity. Most of all, the delivery of the vehicle to a different state.
Remain a resident of the State of New Jersey for at least two (2) years after the Vehicle Transaction Date for the eligible EV that receives an incentive under the FY23 Program. This requirement does not apply to customers with permanent residency in another state who qualified for the incentive because they were active duty military members stationed in New Jersey at the time they ordered, purchased, or leased their vehicle.
Jan 17, 2023 05:30 PM
1,284 Posts
Joined Dec 2015
FishKillaJan 17, 2023 05:30 PM
1,284 Posts
Quote from LovelyRain4135 :
No its a smart business decision
Right, because you are so smart you figured out something nobody else has.

But somehow there is a name for it?
Jan 17, 2023 05:31 PM
166 Posts
Joined Mar 2017
mojo-jojo26Jan 17, 2023 05:31 PM
166 Posts
Quote from paps9999 :
I just saw that the vehicle has to be delivered to NJ to get the 2k and I'll have to drive it back to Texas. 😒
Its not worth the time & efforts you will be putting.
Jan 17, 2023 05:31 PM
1,284 Posts
Joined Dec 2015
FishKillaJan 17, 2023 05:31 PM
1,284 Posts
Quote from paps9999 :
Nope! An inquiry
But the eligibility guidelines are posted on their site, so why not inquire there?

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Jan 17, 2023 05:32 PM
71 Posts
Joined Nov 2020
NeatOstrich900Jan 17, 2023 05:32 PM
71 Posts
Quote from dvdrdiscs :
Going by the federal guidelines, some model Y trim counts as an suv and some as a midsize sedan. Did you check if the guidelines are different?
The whole point of this thread is how Tesla lowered their prices to be eligible.

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