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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 2,615,416 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 09:30 PM
35 Posts
Joined Nov 2017
ng524Jan 17, 2023 09:30 PM
35 Posts
Tesla is including FSD on all their used Model Y inventory. Is a used 2020 20k miles Model Y + FSD worth $52K?
Jan 17, 2023 09:30 PM
19,010 Posts
Joined Feb 2010
BinarJan 17, 2023 09:30 PM
19,010 Posts
Quote from supersteals :
We need to start protesting like China. I got mine in Nov 22 and paid about the same but without the 10000 mile credit. I believe a class action suit is needed here. No one would have bought at that price if there was info that the price in Jan will drop so drastically
class action because a manufacturer is changing the price? what if the price wouldve gone up? Would you have sued in that case as well?
Jan 17, 2023 09:35 PM
509 Posts
Joined May 2018
vndragonslayerJan 17, 2023 09:35 PM
509 Posts
Quote from ng524 :
Tesla is including FSD on all their used Model Y inventory. Is a used 2020 20k miles Model Y + FSD worth $52K?
ask yourself if 20k miles + 5k price difference for new my lr non fsd and 3 years of depreciation and car smell is worth it
Jan 17, 2023 09:37 PM
94 Posts
Joined May 2012
supreme999Jan 17, 2023 09:37 PM
94 Posts
Quote from Mawsu :
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
Ordered around 1pm EST. White/Black Interior and 19 inch wheels.
Jan 17, 2023 09:44 PM
35 Posts
Joined Nov 2017
ng524Jan 17, 2023 09:44 PM
35 Posts
Quote from vndragonslayer :
ask yourself if 20k miles + 5k price difference for new my lr non fsd and 3 years of depreciation and car smell is worth it
I don't know how you got the 5k difference. Also, Tesla is giving additional 1 year/10,000 miles warranty for used cars
Original Poster
Jan 17, 2023 09:46 PM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 17, 2023 09:46 PM
673 Posts
Quote from Binar :
class action because a manufacturer is changing the price? what if the price wouldve gone up? Would you have sued in that case as well?
Probably

https://www.engadget.com/rivians-...54910.html
1
Jan 17, 2023 09:49 PM
509 Posts
Joined May 2018
vndragonslayerJan 17, 2023 09:49 PM
509 Posts
for the ice car fanbois
Quote from ng524 :
I don't know how you got the 5k difference. Also, Tesla is giving additional 1 year/10,000 miles warranty for used cars
u said it yourself.. used 52k 2020 model y vs brand new 47k mylr after tax credit.

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Jan 17, 2023 09:51 PM
254 Posts
Joined Jun 2011
dilbert007Jan 17, 2023 09:51 PM
254 Posts
Quote from vndragonslayer :
yea its fraud.. those millions of high school kids with these cars on their name and paid for it are using daddy's trust fund money. get a grip.. there arent million of lebron james to buy hummer h2 in high school
Ever since this credit was introduced back in 2012 or 14 people at the top have exploited it. Every car manufacturer before tesla had an entry-level price of 80k minimum. So essentially many brought these small batches of EV to get some tax write-offs and ev credits and to flip them.. Tesla just broaden that loop hole.. because every guy in bay area with new money did just that!!
1
Jan 17, 2023 09:52 PM
4,331 Posts
Joined Feb 2010
turns2stoneJan 17, 2023 09:52 PM
4,331 Posts
Quote from 1jzgte :
well yea.. 10 minute bathroom break vs a 1 hour charge is a huge difference
It doesn't take 1 hour to charge at a Tesla Supercharger.
Jan 17, 2023 09:53 PM
96 Posts
Joined May 2009
hworldJan 17, 2023 09:53 PM
96 Posts
Is it a good idea to buy Tesla stock now?
Jan 17, 2023 09:54 PM
397 Posts
Joined Nov 2005
OutlawdevilJan 17, 2023 09:54 PM
397 Posts
Quote from hworld :
Is it a good idea to buy Tesla stock now?
Abit too late after todays run up
Jan 17, 2023 09:55 PM
509 Posts
Joined May 2018
vndragonslayerJan 17, 2023 09:55 PM
509 Posts
Quote from hworld :
Is it a good idea to buy Tesla stock now?
do you like gambling in a recession?
Jan 17, 2023 09:57 PM
4 Posts
Joined Apr 2022
WiseVest2870Jan 17, 2023 09:57 PM
4 Posts
Any idea about Insurance Premium for Tesla Y 7-Seater?
Jan 17, 2023 09:57 PM
729 Posts
Joined Dec 2014
JellyBellyMDJan 17, 2023 09:57 PM
729 Posts
Quote from BrokePanda :
I've been following the used Tesla market and notice recently in the last two days that the prices are finally starting to reflect off of the new pricing of these Tesla Model 3 and model Y

At least here in the San Francisco Bay area. I have now seen a few Tesla MY under $40k and M3 under $32k.

This is great news for people who want to buy used instead of buying new.

At this rate I would think that in another month or so you will find some MY in sub $30k price.
Are there advantages of buying a used Tesla through Tesla?

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Jan 17, 2023 09:58 PM
4 Posts
Joined Apr 2022
WiseVest2870Jan 17, 2023 09:58 PM
4 Posts
Quote from hworld :
Is it a good idea to buy Tesla stock now?
I won't buy it now. There is a reason why they reduced the price. It will affect their Margin.
1

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