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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 18, 2023 06:43 PM
3,814 Posts
Joined May 2013
MoisesA7010Jan 18, 2023 06:43 PM
3,814 Posts
3rd gen and the newly released 4th gen pilot are all usable for adults no taller than 5'10

the 3rd row in the model Y is a huge joke, look at the youtube videos, its like a clown car when they open the trunk your head is literally out and over the roof line

majority of people who got the 3rd row option on the Y and have positive things to say are coming up with reasons, excuses to justify the overpriced option that will be mostly useless. Especially after their kids get older
Jan 18, 2023 06:43 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 18, 2023 06:43 PM
532 Posts
Quote from MacB00kemDanno :
That doesn't even make sense for the 3 to be recommended and the Y not to get it. They've basically the same vehicle; the Y is just jacked up adn can seat up to 7. They share the same major powertrain components, battery, motors, dashboard, headlights, taillights, software, etc. 75% of their components are shared.
That's just shows how much weight you should consider CR for their opinion. Y is everything 3 is and better is almost every single area. I would never consider 3 for family car, but Y ticks off almost every single box. If 3 is recommended there's absolutely no reason why Y is not, unless of course reviewer has certain bias…hmmm
Jan 18, 2023 06:47 PM
560 Posts
Joined Oct 2004
dealhunt_101Jan 18, 2023 06:47 PM
560 Posts
Quote from SamS :
It doesn't take 1 hour to charge at a Tesla Supercharger.
Don't feed the trolls.
Jan 18, 2023 06:49 PM
398 Posts
Joined Jun 2008
gotoee37000Jan 18, 2023 06:49 PM
398 Posts
Quote from pugxiwawa :
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.
I have a family of 4 and have an Expedition. Model y wouldn't cut for 6 people. Pilot would be the one minimum.
Jan 18, 2023 06:49 PM
1,284 Posts
Joined Dec 2015
FishKillaJan 18, 2023 06:49 PM
1,284 Posts
Quote from MacB00kemDanno :
That doesn't even make sense for the 3 to be recommended and the Y not to get it. They've basically the same vehicle; the Y is just jacked up adn can seat up to 7. They share the same major powertrain components, battery, motors, dashboard, headlights, taillights, software, etc. 75% of their components are shared.
I mean did you even read it before you try to discredit it?

"If it weren't for reliability issues for the Model S, Model Y, and Model X, they would likely join the Model 3 on the recommendation list. CR determined that the Model 3 is reliable, but the other Tesla electric cars are not. "
Jan 18, 2023 06:50 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 18, 2023 06:50 PM
3,419 Posts
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 tower seems legit but the rate is not 1.99 its closer to 3%
https://www.towerfcu.org/borrow/loan-rates/#

Wondering if its worth all the hassle to put half the amount in a higher interest savings account like 5% and get a loan for like 25K at 3%
Jan 18, 2023 06:50 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 18, 2023 06:50 PM
532 Posts
Quote from NeoSlick :
Yes yes but you're missing the point. You can compare ice cars to EVs. Just as you seem to be shopping for the best deal in an EV. I don't like it either but I'd rather have two civics than one Tesla. And I'm saying the government who kind of is the auto industry unfortunately has a lot to do with Tesla's goodness being overpriced. And I do not know if Tesla can overcome this but I know they must. Which leads me to believe they should forgo some unnecessary options and make a good basic non-golf cart model or even an inexpensive sports car. But toaster or car we have to stop guessing prices by availability alone.

which is a sad option We just don't like. And that is not to buy a new Tesla at all right now. because that's a valid choice too.
That's not comparable. If you need to fit a family of 5 in civic that is very different than fitting 5 into a model Y with ability to carry additional luggage. That's just not possible with civic so that's not a valid comparison. What good would 2 or 3 civics do in that situation? That's like saying it better to just take bus or take Uber as it's cheaper than buying civid because both get you from point a to point b. Stick to the similar size and price car for comparison.

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Jan 18, 2023 06:52 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 18, 2023 06:52 PM
532 Posts
Quote from FishKilla :
I mean did you even read it before you try to discredit it?

"If it weren't for reliability issues for the Model S, Model Y, and Model X, they would likely join the Model 3 on the recommendation list. CR determined that the Model 3 is reliable, but the other Tesla electric cars are not. "
And it's built in the same factory using the same parts. Use some logic how does that make sense? Could it be CR doesn't even bother updating their review and based their option on 2020 built model Y that was just introduced and started production?
Jan 18, 2023 06:54 PM
560 Posts
Joined Oct 2004
dealhunt_101Jan 18, 2023 06:54 PM
560 Posts
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
Minivan will be the most economical and practical. Not the sexiest, but for 6-8 folks, get a minivan. Tons of storage, and ample leg room in even the 3rd row for a full grown adult. You can't go wrong.
Jan 18, 2023 06:55 PM
85 Posts
Joined Jan 2018
Nos4r2Jan 18, 2023 06:55 PM
85 Posts
Quote from Travis64 :
Is tesla giving the best % on loans right now?
A guy a couple days ago posted a link to an VWID4 post that had amazing credit Union offers. Check out Gold Coast FCU Gifu.org rate is 2.75 for 60 months. Or Tower FCU tower FCU.org 2.99 60 months.

https://www.vwidtalk.com/threads/...ates.8687/
Jan 18, 2023 06:55 PM
178 Posts
Joined Jan 2009
mag48Jan 18, 2023 06:55 PM
178 Posts
Quote from Cecerious :
I think most are probably new to Tesla and ignorant about the sensor/camera revisions, or do know, but don't want to risk ordering too late and having a delivery date/possible delay past March, possibly jeopardizing the full rebate amount.
Fair point! I guess I am just one who likes the latest tech even if it means waiting a few months and having to pay a bit more.
Jan 18, 2023 06:58 PM
85 Posts
Joined Jan 2018
Nos4r2Jan 18, 2023 06:58 PM
85 Posts
Quote from sleekwallet :
Can you share the name of it? Thanks
https://www.vwidtalk.com/threads/...ates.8687/
Jan 18, 2023 07:01 PM
85 Posts
Joined Jan 2018
Nos4r2Jan 18, 2023 07:01 PM
85 Posts
Quote from dtwizzy :
Any good loan rates where a membership isn't required from a credit union?
https://www.vwidtalk.com/threads/...ates.8687/
Jan 18, 2023 07:03 PM
560 Posts
Joined Oct 2004
dealhunt_101Jan 18, 2023 07:03 PM
560 Posts
Quote from TheKingofDeals :
So tower seems legit but the rate is not 1.99 its closer to 3%
https://www.towerfcu.org/borrow/loan-rates/#

Wondering if its worth all the hassle to put half the amount in a higher interest savings account like 5% and get a loan for like 25K at 3%
3% up to 60 months, and 2.25% for 36 months is pretty amazing. Plus unlike most CU they allow membership even if you don't live, worship, or work in their geographical area.

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Jan 18, 2023 07:03 PM
945 Posts
Joined Nov 2010
LAST_EXITJan 18, 2023 07:03 PM
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