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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 18, 2023 5:34 PM
8 Comments
Joined Jul 2008
GMoney310Jan 18, 2023 5:34 PM
8 Comments
Quote from smachine :
Aren't there income limits on the CVRP rebates now? I thought someone had to make under $135k and under $200k filing jointly.
Yes, there are income limits but I qualify under joint.
Jan 18, 2023 5:38 PM
94 Comments
Joined Aug 2011
timefIiesJan 18, 2023 5:38 PM
94 Comments
Anyone hear anything new about CVRP? Tesla won't respond to my questions about their application status and CVRP says they don't know anything either.
Jan 18, 2023 5:38 PM
1K Comments
Joined May 2008
Freeloader87Jan 18, 2023 5:38 PM
1K Comments
Quote from GMoney310 :
Yes, there are income limits but I qualify under joint.
But Tesla didn't reapply to this program so they are not eligible
Jan 18, 2023 5:45 PM
15.5K Comments
Joined Feb 2005
thund3rcatJan 18, 2023 5:45 PM
15.5K Comments
Quote from Freeloader87 :
But Tesla didn't reapply to this program so they are not eligible
He bought his car back on March 14, it was delayed into January, so he qualified.
Jan 18, 2023 5:47 PM
2.5K Comments
Joined Aug 2007
sleekwalletJan 18, 2023 5:47 PM
2.5K Comments
Quote from thund3rcat :
He bought his car back on March 14, it was delayed into January, so he qualified.
he should buy a lotto ticket
Jan 18, 2023 5:48 PM
148 Comments
Joined Aug 2011
grxnxdosJan 18, 2023 5:48 PM
148 Comments
Quote from timefIies :
Anyone hear anything new about CVRP? Tesla won't respond to my questions about their application status and CVRP says they don't know anything either.
Who did you contact at Tesla? I'll try too.
Jan 18, 2023 5:50 PM
230 Comments
Joined Jan 2005
virx14Jan 18, 2023 5:50 PM
230 Comments
Quote from Kensic :
i call BS. i have to see to believe this 3 cent per kWh
my local electric company charges 1.9c/kwh if you charge between 11pm and 7am. I did not pick up my car yet, but it is what their website says.

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Jan 18, 2023 5:51 PM
1.6K Comments
Joined May 2018
mintblue3411Jan 18, 2023 5:51 PM
1.6K Comments
I need a large car for 6 ppl, should I buy this or Honda pilot, how is the 2 seats in 3rd row, 60k vs 45k after tax. No tax rebate for me
Jan 18, 2023 5:53 PM
13.2K Comments
Joined Feb 2008
AkumaXJan 18, 2023 5:53 PM
13.2K Comments
Quote from Freeloader87 :
But Tesla didn't reapply to this program so they are not eligible
This guy got stupid lucky in that the CVRP also takes into account the initial order date, which was before March 2022. So his application is valid in that the initial order was < March 2022, having Tesla ineligible for purchases > $55k after March 2022, then by taking delivery in Jan 2023 with the price drop let him qualify.
Jan 18, 2023 5:57 PM
535 Comments
Joined Nov 2007
pugxiwawaJan 18, 2023 5:57 PM
535 Comments
Quote from mintblue3411 :
I need a large car for 6 ppl, should I buy this or Honda pilot, how is the 2 seats in 3rd row, 60k vs 45k after tax. No tax rebate for me
Small, only useful for little kids. Pilot is a much bigger SUV so you really need to try both in person to see if MY works for your need. For 6 people, probably not.
Jan 18, 2023 6:03 PM
13.2K Comments
Joined Feb 2008
AkumaXJan 18, 2023 6:03 PM
13.2K Comments
Quote from mintblue3411 :
I need a large car for 6 ppl, should I buy this or Honda pilot, how is the 2 seats in 3rd row, 60k vs 45k after tax. No tax rebate for me
2 seats in the back are definitely for kids. I wouldn't feel comfortable putting anyone > 5'2" back there.
Jan 18, 2023 6:06 PM
50 Comments
Joined Dec 2010
blkpelJan 18, 2023 6:06 PM
50 Comments
Quote from mintblue3411 :
I need a large car for 6 ppl, should I buy this or Honda pilot, how is the 2 seats in 3rd row, 60k vs 45k after tax. No tax rebate for me
In previous years I was in view Pilot with 3rd row is not suitable for any adults - doesn't have much leg room. But after seeing a 3 row Model Y design at Tesla gallery, I now feel like Pilot is a better option.

With Model Y 3rd row design, your trunk space will be limited to 2-3 grocery bags.
Jan 18, 2023 6:07 PM
179 Comments
Joined Jan 2009
mag48Jan 18, 2023 6:07 PM
179 Comments
Is no one waiting to see what the new updated sensors look like in the announcement at the end of this month?

My understanding is the 1st gen Vision camera system is not as capable as what was hoped in the current stockpile of Y's
Jan 18, 2023 6:07 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsJan 18, 2023 6:07 PM
3.5K Comments
Quote from gguy9 :
The Model 3 LR I ordered was 49,990 before any options (paid $1,000 more since it was grey).
So $5000 difference for LR vs Performance, I also got the grey. I'd likely get the Perf Boost if I got the LR which is $2K so makes it $3k difference for me. Worth it to me for the upgrade wheels, tires, brakes, spoiler and pedal.

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Jan 18, 2023 6:12 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsJan 18, 2023 6:12 PM
3.5K Comments
Quote from Revanrivia :
Got 3.84 at AdelFi. Tower FCU is offering around 1.99% but I am highly suspicious of that low of a rate.
So anyone can join AdelFi as long as they believe in what they believe in ?
Are they going to make me swear on a bible, lol?

How does the auto loan process work, how does Tesla get paid, seems like a good deal if you can get get the account and get the loan to work.

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