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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.

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12.3K Comments

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Jan 18, 2023 4:17 AM
470 Comments
Joined May 2011
pisceanJan 18, 2023 4:17 AM
470 Comments
Quote from mintblue3411 :
What is mpg of Tesla? I own an ev before and charge at home and found electric cost almost same as 30mpg car
Lol no charging at home is cheaper costs 7-14 c per kWh
Pro
Jan 18, 2023 4:17 AM
1.7K Comments
Joined May 2007
honestabe
Pro
Jan 18, 2023 4:17 AM
1.7K Comments
Out of curiosity. Anyone else excited about test driving the resigned Prius?. Not exactly apples to apples but certainly am interesting alternative.
Jan 18, 2023 4:17 AM
1.9K Comments
Joined Oct 2008
rgadowskiJan 18, 2023 4:17 AM
1.9K Comments
Quote from LovelyRain4135 :
Crap on wheels? Sounds like someone has never driven a tesla. Pretty sure it beats most sports ICE cars in performance without needing premium fuel to achieve 15mpg.
Ive driven a tesla more than you've driven all your cars combined!
Last edited by rgadowski January 17, 2023 at 08:27 PM.
1
Jan 18, 2023 4:18 AM
1.6K Comments
Joined May 2018
mintblue3411Jan 18, 2023 4:18 AM
1.6K Comments
Quote from piscean :
Lol no charging at home is cheaper costs 7-14 c per kWh
Really? Where to charge car?
Jan 18, 2023 4:21 AM
6.7K Comments
Joined Jun 2006
WIckedNewsJan 18, 2023 4:21 AM
6.7K Comments
Quote from mintblue3411 :
What is mpg of Tesla? I own an ev before and charge at home and found electric cost almost same as 30mpg car

MPG, or miles per gallon, is a measure of how fuel-efficient a car is. It tells you how far a car can go on a gallon of gasoline. Electric vehicles like the Tesla do not use gasoline, so they don't have an MPG rating. Instead, they use electricity to power the car, and their efficiency is measured in miles per kWh (kilowatt-hour).

Tesla provides an estimate of the cost of electricity per mile, and this cost varies depending on the type of car and the local electricity rates. The cost of electricity per mile is generally much lower than the cost of gasoline per mile, but it depends on the cost of electricity in your area and how you charge your car.

For Tesla Model Y, the cost of electricity per mile is around $0.02 - $0.03 depending on local electricity rates.

It's also worth noting that charging at home is usually cheaper than charging at a public charging station. If you have the ability to charge your vehicle at home, you can also take advantage of off-peak pricing if your utility offers it, which can further reduce the cost of charging your vehicle.

It's important to consider the cost of charging and the range of the vehicle when making a decision about buying an electric vehicle.
Jan 18, 2023 4:23 AM
1.6K Comments
Joined May 2018
mintblue3411Jan 18, 2023 4:23 AM
1.6K Comments
Quote from WIckedNews :
MPG, or miles per gallon, is a measure of how fuel-efficient a car is. It tells you how far a car can go on a gallon of gasoline. Electric vehicles like the Tesla do not use gasoline, so they don't have an MPG rating. Instead, they use electricity to power the car, and their efficiency is measured in miles per kWh (kilowatt-hour).

Tesla provides an estimate of the cost of electricity per mile, and this cost varies depending on the type of car and the local electricity rates. The cost of electricity per mile is generally much lower than the cost of gasoline per mile, but it depends on the cost of electricity in your area and how you charge your car.

For Tesla Model Y, the cost of electricity per mile is around $0.02 - $0.03 depending on local electricity rates.

It's also worth noting that charging at home is usually cheaper than charging at a public charging station. If you have the ability to charge your vehicle at home, you can also take advantage of off-peak pricing if your utility offers it, which can further reduce the cost of charging your vehicle.

It's important to consider the cost of charging and the range of the vehicle when making a decision about buying an electric vehicle.
You can convert to mpg using gas price now
Jan 18, 2023 4:27 AM
1.9K Comments
Joined Oct 2008
rgadowskiJan 18, 2023 4:27 AM
1.9K Comments
Quote from mintblue3411 :
What is mpg of Tesla? I own an ev before and charge at home and found electric cost almost same as 30mpg car
at the supercharger it's horrible @ 10 cents a mile, but at home it's more like 3 cents per mile for a model 3

photo of model 3 charging. top left shows +63 (miles added) and right side show much much it costs to add those miles

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Jan 18, 2023 4:28 AM
470 Comments
Joined May 2011
pisceanJan 18, 2023 4:28 AM
470 Comments
Quote from WIckedNews :
MPG, or miles per gallon, is a measure of how fuel-efficient a car is. It tells you how far a car can go on a gallon of gasoline. Electric vehicles like the Tesla do not use gasoline, so they don't have an MPG rating. Instead, they use electricity to power the car, and their efficiency is measured in miles per kWh (kilowatt-hour).

Tesla provides an estimate of the cost of electricity per mile, and this cost varies depending on the type of car and the local electricity rates. The cost of electricity per mile is generally much lower than the cost of gasoline per mile, but it depends on the cost of electricity in your area and how you charge your car.

For Tesla Model Y, the cost of electricity per mile is around $0.02 - $0.03 depending on local electricity rates.

It's also worth noting that charging at home is usually cheaper than charging at a public charging station. If you have the ability to charge your vehicle at home, you can also take advantage of off-peak pricing if your utility offers it, which can further reduce the cost of charging your vehicle.

It's important to consider the cost of charging and the range of the vehicle when making a decision about buying an electric vehicle.
2-3 cents. Don't think any utility will charge you that low. 9 cents is the lowest I have seen. Don't bother buying Tesla if you are in Hawaii or Alaska

https://www.electriccarfaq.com/bl...3-at-home/
Jan 18, 2023 4:28 AM
1.6K Comments
Joined May 2018
mintblue3411Jan 18, 2023 4:28 AM
1.6K Comments
Quote from rgadowski :
at the supercharger it's horrible @ 10 cents a mile, but at home it's more like 3 cents per mile for a model 3

photo of model 3 charging. top left shows +63 (miles added) and right side show much much it costs to add those miles
So you electric cost is 0.1 per kWh?
Jan 18, 2023 4:30 AM
1.6K Comments
Joined May 2018
mintblue3411Jan 18, 2023 4:30 AM
1.6K Comments
Quote from piscean :
2-3 cents. Don't think any utility will charge you that low. 9 cents is the lowest I have seen. Don't bother buying Tesla if you are in Hawaii or Alaska

https://www.electriccarfaq.com/bl...3-at-home/
My normal electric cost is 0.35$ per kWh, I feel electric car does not save money for me than gas which is 4$ per gallon
1
Jan 18, 2023 4:31 AM
1.9K Comments
Joined Oct 2008
rgadowskiJan 18, 2023 4:31 AM
1.9K Comments
Quote from mintblue3411 :
So you electric cost is 0.1 per kWh?
about 14 cents per kWh on average, but some areas are much more expensive. the model 3 can get 4-4.5 miles for kWh.

your local utility most likely has a deal for EV charging overnight like national grid does in Upstate NY. The plan doubles connection fee to $35 monthly but drops fee from 14 cents to around 6 cents per kWh
Last edited by rgadowski January 17, 2023 at 08:45 PM.
Jan 18, 2023 4:37 AM
470 Comments
Joined May 2011
pisceanJan 18, 2023 4:37 AM
470 Comments
Quote from mintblue3411 :
My normal electric cost is 0.35$ per kWh, I feel electric car does not save money for me than gas which is 4$ per gallon
Ya I didn't calculate kWh to miles based on your driving you might get 4 miles.
Jan 18, 2023 4:39 AM
470 Comments
Joined May 2011
pisceanJan 18, 2023 4:39 AM
470 Comments
One thing is for sure ev cars are not for long drives. The problem is you have limited stops based on charger network and need to stop before 20 pc battery at least.
1
Jan 18, 2023 4:44 AM
1.9K Comments
Joined Oct 2008
rgadowskiJan 18, 2023 4:44 AM
1.9K Comments
Quote from piscean :
One thing is for sure ev cars are not for long drives. The problem is you have limited stops based on charger network and need to stop before 20 pc battery at least.
actually electric charging networks are everywhere. the car directs you through them to your destination. stops are great for getting something to eat, stretching and/or shopping. After 342k miles on my current MS i can say i have not regretted my choice at all. this does not include the 180k plus miles i put on my first MS.

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Jan 18, 2023 4:50 AM
509 Comments
Joined May 2018
vndragonslayerJan 18, 2023 4:50 AM
509 Comments
Quote from rgadowski :
30 civic is fully loaded and costs cheaper to gas up on the road. The 37k tesla is crap on wheels and costs an average of 10 cents a mile to run on Superchargers. If you don't believe me I'll be more than happy to find pictures I took while supercharging a long range model 3.
30k civic + tax and gas is gonna cost more in short+long term than a 37k tesla

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