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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 9:07 PM
3.6K Comments
Joined Dec 2008
missellieJan 18, 2023 9:07 PM
3.6K Comments
Quote from Aln10788 :
I'm so confused about this tax credit. Line 24 of my taxes is over $7500. Is it just a reduction of that number? Basically I just want to know if I'm actually saving $7500.
Look at your 1040, line 18, that is your total tax liability. The electric vehicle tax credit comes from schedule 3, which is on line 20.
Jan 18, 2023 9:09 PM
2.4K Comments
Joined Nov 2009
kenkobra63Jan 18, 2023 9:09 PM
2.4K Comments
Quote from MacB00kemDanno :
-Window tint. I didn't bother on my 3. I bought one of those cheap sunroof shades from Amazon for $30 and it covers the roof and part of the back glass. I only use it in the heat of summer here in NC.
- All weather mats. A definite PLUS. I also got a trunk liner as well and a frunk liner too, for about $150 shipped on eBay.
- Console organizer. I just 3D printed one for my wife's incoming Y, but I have the JOWUA organizer in my 3
-PPF. Agreed, too expensive. My 3 has nearly 24,000 miles on it and just a few rock chips up front is all. I touched the up with the official Tesla touch up paint and it looks as good as new unless you're right up on it.
PPF only if you plan on keeping your car for several years. If not, skip it. Just had my entire SUV done and it cost a pretty penny.
Jan 18, 2023 9:10 PM
230 Comments
Joined Jan 2005
virx14Jan 18, 2023 9:10 PM
230 Comments
Quote from coffdrups :
I've tried to read through the threads as much as I could. I have a few questions:
1. To guarantee the tax rebate, would it be preferable to order one of the vehicles from the inventory if it matches my needs?
2. If I order from inventory, how soon would I get the car? Would it be immediate?
3. If I have already ordered and want to switch to one in inventory, can I do that without losing my $250 deposit?
if they have the same model nearby you will see "Accelerated Delivery" option in your account page in *desktop* browser.
Jan 18, 2023 9:11 PM
422 Comments
Joined Dec 2009
coffdrupsJan 18, 2023 9:11 PM
422 Comments
Quote from MaxRC :
DD Data Point:

Placed a Model Y order very late 1/15 Sunday evening but did not download the APP and complete the registration until 1/16 Monday. It's a white-on-white with no other options. I am in Virginia and my delivery date was just updated to 2/10-3/17. Here's hoping that it gets delivered earlier in that range.
5 or 7 seater?
Jan 18, 2023 9:15 PM
509 Comments
Joined May 2018
vndragonslayerJan 18, 2023 9:15 PM
509 Comments
Quote from missellie :
Look at your 1040, line 18, that is your total tax liability. The electric vehicle tax credit comes from schedule 3, which is on line 20.
line 18 doesnt factor deductions .. line 24 does
Jan 18, 2023 9:16 PM
509 Comments
Joined May 2018
vndragonslayerJan 18, 2023 9:16 PM
509 Comments
Quote from coffdrups :
I've tried to read through the threads as much as I could. I have a few questions:
1. To guarantee the tax rebate, would it be preferable to order one of the vehicles from the inventory if it matches my needs?
2. If I order from inventory, how soon would I get the car? Would it be immediate?
3. If I have already ordered and want to switch to one in inventory, can I do that without losing my $250 deposit?
deposit is a fee n doesnt go towards car u lose it in the end
Jan 18, 2023 9:21 PM
1.7K Comments
Joined Mar 2004
BobloadmireJan 18, 2023 9:21 PM
1.7K Comments
Quote from vndragonslayer :
deposit is a fee n doesnt go towards car u lose it in the end
no, deposit is a deposit and does go towards the purchase. why are people on here justing saying random shit?

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Jan 18, 2023 9:22 PM
303 Comments
Joined Jun 2007
MaxRCJan 18, 2023 9:22 PM
303 Comments
Quote from coffdrups :
5 or 7 seater?
I left that out huh... it's an LR with 5 seats.
Jan 18, 2023 9:24 PM
3.6K Comments
Joined Dec 2008
missellieJan 18, 2023 9:24 PM
3.6K Comments
Quote from vndragonslayer :
line 18 doesnt factor deductions .. line 24 does
Line 24 is after the credit is applied. Look at schedule 3.
Jan 18, 2023 9:26 PM
509 Comments
Joined May 2018
vndragonslayerJan 18, 2023 9:26 PM
509 Comments
Quote from missellie :
Line 24 is after the credit is applied. Look at schedule 3.
you're making it too complicated for the avg sd.. they want to know if they qualify.. LOOK AT LINE 24... if its above 7500.. they get full benefit BEFORE APPLYING THE CREDIT... duhhhhhh
1
Jan 18, 2023 9:26 PM
4.1K Comments
Joined Mar 2006
skinnywallet42Jan 18, 2023 9:26 PM
4.1K Comments
Quote from virx14 :
if they have the same model nearby you will see "Accelerated Delivery" option in your account page in *desktop* browser.
I have the grey one on order. There is an available one right now, but it won't let me change it. Only the initial 3 options are available to do accelerated delivery, which are all above 55K. Once I click "View All Inventory", it makes me reserve another one with $250 deposit.

So for any of you Bay Area folks, there is a gray base Model Y LR available right now.
Jan 18, 2023 9:27 PM
255 Comments
Joined Mar 2005
bradmanJan 18, 2023 9:27 PM
255 Comments
Quote from coffdrups :
I've tried to read through the threads as much as I could. I have a few questions:
1. To guarantee the tax rebate, would it be preferable to order one of the vehicles from the inventory if it matches my needs?
2. If I order from inventory, how soon would I get the car? Would it be immediate?
3. If I have already ordered and want to switch to one in inventory, can I do that without losing my $250 deposit?
1. If you can find the inventory that matches tax rebate criteria, then absolutely. If you are looking for Model Y (5 seater), there are no inventory vehicles under 55K. Thats why everyone custom orders these. The custom order default delivery date is Jan to March 2023.
2. You will likely get the inventory vehicles with in few days
3. Yes, as long as VIN not assigned to your order, if you can find inventory vehicle that matches your criteria and federal rebate criteria, then you can switch and the deposit applies towards the purchase of inventory vehicle
Jan 18, 2023 9:29 PM
1.3K Comments
Joined Mar 2007
CrazyOneJan 18, 2023 9:29 PM
1.3K Comments
It is the first car I regret buying. For $55k price it doesn't have all basic luxury car features. Looks like for many people it is a first luxury car and they don't know what to look for. The car is crazy uncomfortable to use. I think they removed the 15 days returned policy because majority of the cars were returned. My whole family complains, nobody likes that car. My goodness what is wrong with Tesla engineers. I was never driving Tesla before and my test drive was in the city.

First good about that car:
* Looks nice and spacious.
* Climate control from phone.
* Accelerates fast.


Issues I have:
* Horribly noisy on freeway.
* No phone support at all, no Carplay or Google. The design is like 15 old one and no way to mirror the phone screen.
* You come , the car is unlocked but can't open the trunk with button.
* Impossible to park, no park assistant sensors, no bird view. So, so bad. Very hard to describe the frustration.
* Release charge worked from 10th time.
* It was charging before the higher rate time but didn't continue after that time.
* Rear view camera is crap, no cross traffic alert.
* Stuck on connecting Bluetooth on my phone. I've never seen that with any Bluetooth devices.
* Very hard to control the car because you need to look at that stupid central screen all the time instead of keeping the eyes on the road. The unit is not tilting.
* The steering wheel feels strange.
* The turning radius is very bad.
* It doesn't turn on headlights when wipers are on. This is the most basic feature for all cars.
Last edited by CrazyOne January 18, 2023 at 01:31 PM.
1
Jan 18, 2023 9:33 PM
40 Comments
Joined Jul 2020
IMAFriendJan 18, 2023 9:33 PM
40 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
Not sure pricing on Honda Pilots. We got our 2016 at the very beginning of 2017 (new, previous year model.)

We got the touring, 2wd. It has lots of room. 6 people is pretty easy. 7 if several are small. With luggage space to boot!

Not sure how it compares to the Y, but I imagine the Pilot will be more roomy for most of the specs, the Y seems to have really good headroom though, especially second row.

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Jan 18, 2023 9:34 PM
526 Comments
Joined Mar 2019
ggaproprosJan 18, 2023 9:34 PM
526 Comments
Quote from CrazyOne :
It is the first car I regret buying. For $55k price it doesn't have all basic luxury car features. Looks like for many people it is a first luxury car and they don't know what to look for. The car is crazy uncomfortable to use. I think they removed the 15 days returned policy because majority of the cars were returned. My whole family complains, nobody likes that car. My goodness what is wrong with Tesla engineers. I was never driving Tesla before and my test drive was in the city.

First good about that car:
* Looks nice and spacious.
* Climate control from phone.


Issues I have:
* Horribly noisy on freeway.
* No phone support at all, no Carplay or Google. The design is like 15 old one and no way to mirror the phone screen.
* You come , the car is unlocked but can't open the trunk with button.
* Impossible to park, no park assistant sensors, no bird view. So, so bad. Very hard to describe the frustration.
* Release charge worked from 10th time.
* It was charging before the higher rate time but didn't continue after that time.
* Rear view camera is crap, no cross traffic alert.
* Stuck on connecting Bluetooth on my phone. I've never seen that with any Bluetooth devices.
* Very hard to control the car because you need to look at that stupid central screen all the time instead of keeping the eyes on the road. The unit is not tilting.
* The steering wheel feels strange.
* The turning radius is very bad.
* It doesn't turn on headlights when wipers are on. This is the most basic feature for all cars.
The test drive is 45 mins and no car salesman is in the car with you to bug you. I would suggest anyone who is smart to test drive a vehicle before purchasing it, possibly even test drive other vehicles.

That being said, i understand that teslas test drive is the easiest one to setup and if you want to test drive other EVs you have to deal with shithead salesmen, so most here will likely test drive the model Y, love it, and just buy it.

Only thing i can suggest is test driving model Y with only the 19" wheels, do not get bigger wheels, all cars with big wheels and thin tires are a compromise.
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