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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 17, 2023 5:14 PM
1.2K Comments
Joined Jul 2013
buy_now_think_laterJan 17, 2023 5:14 PM
1.2K Comments
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 5:14 PM
168 Comments
Joined Mar 2017
mojo-jojo26Jan 17, 2023 5:14 PM
168 Comments
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 5:17 PM
429 Comments
Joined Aug 2018
MawsuJan 17, 2023 5:17 PM
429 Comments
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 5:18 PM
20 Comments
Joined Oct 2016
paps9999Jan 17, 2023 5:18 PM
20 Comments
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 5:18 PM
2.6K Comments
Joined Jan 2013
tonkotsuJan 17, 2023 5:18 PM
2.6K Comments
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 5:19 PM
1.3K Comments
Joined Dec 2015
FishKillaJan 17, 2023 5:19 PM
1.3K Comments
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 5:20 PM
2.1K Comments
Joined Sep 2022
norcal007Jan 17, 2023 5:20 PM
2.1K Comments
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 5:20 PM
429 Comments
Joined Aug 2018
MawsuJan 17, 2023 5:20 PM
429 Comments
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 5:20 PM
24 Comments
Joined Jan 2023
LovelyRain4135Jan 17, 2023 5:20 PM
24 Comments
Quote from FishKilla :
Isn't that a straw purchase?
No its a smart business decision
Jan 17, 2023 5:22 PM
20 Comments
Joined Oct 2016
paps9999Jan 17, 2023 5:22 PM
20 Comments
Quote from FishKilla :
You mean committing fraud?
Nope! An inquiry
Jan 17, 2023 5:23 PM
1.3K Comments
Joined Dec 2015
FishKillaJan 17, 2023 5:23 PM
1.3K Comments
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 5:30 PM
1.3K Comments
Joined Dec 2015
FishKillaJan 17, 2023 5:30 PM
1.3K Comments
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 5:31 PM
168 Comments
Joined Mar 2017
mojo-jojo26Jan 17, 2023 5:31 PM
168 Comments
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 5:31 PM
1.3K Comments
Joined Dec 2015
FishKillaJan 17, 2023 5:31 PM
1.3K Comments
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 5:32 PM
74 Comments
Joined Nov 2020
NeatOstrich900Jan 17, 2023 5:32 PM
74 Comments
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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