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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 19, 2023 5:45 AM
470 Comments
Joined May 2011
pisceanJan 19, 2023 5:45 AM
470 Comments
Quote from BrightHalibut7933 :
Yes. All the naysayers here please put comments there Wink

Glad it's 3/31. Can you post a link to that.. It gives me an extra month to cross shop other PHEV or EVs that can seat 6 (2 kids) and below $50k new or a used X. Any suggestions?
I would at least place an order though worst case you will not loose the credit. You can cancel be 250 short and you can take risk. They haven't posted the rule yet they will post after march 31. Below link states they release it to NPRM after march 31.

https://www.novoco.com/sites/defa...172022.pdf
Last edited by piscean January 18, 2023 at 09:55 PM.
Jan 19, 2023 5:50 AM
645 Comments
Joined Oct 2007
slickdealer_123Jan 19, 2023 5:50 AM
645 Comments
Anyone did a research on buying this for Model Y for business purposes and on LLC for ev tax credit? It's not clear from IRS website but they do have credit for businesses that buys EV
Jan 19, 2023 5:55 AM
3K Comments
Joined Jan 2011
WifeCallsMeCheapJan 19, 2023 5:55 AM
3K Comments
After what happened today with Tesla and Elon with his loud mouth on Twitter, I would not be surprised if the price is dropped another two to five percent within the next month or two. I would wait a little bit longer. Look at all those people that got burned back in December of 2022.
2
Jan 19, 2023 5:58 AM
470 Comments
Joined May 2011
pisceanJan 19, 2023 5:58 AM
470 Comments
Quote from BrokePanda :
After what happened today with Tesla and Elon with his loud mouth on Twitter, I would not be surprised if the price is dropped another two to five percent within the next month or two. I would wait a little bit longer. Look at all those people that got burned back in December of 2022.
Tesla dropped prices because of slow demand with layoffs in tech sector. The amount orders Tesla received is crazy now.
Jan 19, 2023 6:02 AM
196 Comments
Joined Nov 2022
BrightHalibut7933Jan 19, 2023 6:02 AM
196 Comments
Quote from piscean :
I would at least place an order though worst case you will not loose the credit. You can cancel be 250 short and you can take risk. They haven't posted the rule yet they will post after march 31. Below link states they release it to NPRM after march 31.

https://www.novoco.com/sites/defa...172022.pdf
Already did. $250 option cost, which I can try to "sell"/transfer if needed.
Jan 19, 2023 6:06 AM
880 Comments
Joined Dec 2006
t.i.Jan 19, 2023 6:06 AM
880 Comments
Quote from piscean :
Tesla dropped prices because of slow demand with layoffs in tech sector. The amount orders Tesla received is crazy now.
Did Musk personally gave you this information?
Or you stumbled upon this information last night?
Jan 19, 2023 6:21 AM
23 Comments
Joined Jan 2021
StrongPencil764Jan 19, 2023 6:21 AM
23 Comments
How long before you need to buy new batteries to replace deplete baterries 7 years? 10 years?

I saw articles that batteries for model X replacement were around$ 30,000 with removable of old batteries and install of new baterries.

guy had batteries in car less than 10years.
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Jan 19, 2023 6:23 AM
880 Comments
Joined Dec 2006
t.i.Jan 19, 2023 6:23 AM
880 Comments
Quote from StrongPencil764 :
How long before you need to buy new batteries to replace deplete baterries 7 years? 10 years?

I saw articles that batteries for model X replacement were around$ 30,000 with removable of old batteries and install of new baterries.

guy had batteries in car less than 10years.
It's the same. How long after you see battery life drop in your phones!
Jan 19, 2023 6:23 AM
15.5K Comments
Joined Feb 2005
thund3rcatJan 19, 2023 6:23 AM
15.5K Comments
Quote from vndragonslayer :
i smell envy from you.. hows that 30k marked up civic going
I have two Teslas, everyone who post here does.
Jan 19, 2023 6:25 AM
509 Comments
Joined May 2018
vndragonslayerJan 19, 2023 6:25 AM
509 Comments
Quote from StrongPencil764 :
How long before you need to buy new batteries to replace deplete baterries 7 years? 10 years?

I saw articles that batteries for model X replacement were around$ 30,000 with removable of old batteries and install of new baterries.

guy had batteries in car less than 10years.
no need to replace unless the battery health is like really low.. below 70%.. but warranty is 100k mileague/8 years.. plenty of time.. unless u drive alot.. but i doubt it will degrade alot
Jan 19, 2023 6:25 AM
526 Comments
Joined Mar 2019
ggaproprosJan 19, 2023 6:25 AM
526 Comments
Quote from StrongPencil764 :
How long before you need to buy new batteries to replace deplete baterries 7 years? 10 years?

I saw articles that batteries for model X replacement were around$ 30,000 with removable of old batteries and install of new baterries.

guy had batteries in car less than 10years.
What is it with people and asking this question but stating years instead of miles

Nobody knows how much you drive in 10 years. Are big numbers confusing to you? you can type them into google

https://www.youtube.com/results?s...C000+miles
Jan 19, 2023 6:26 AM
509 Comments
Joined May 2018
vndragonslayerJan 19, 2023 6:26 AM
509 Comments
Quote from thund3rcat :
I have two Teslas, everyone who post here does.
thats pretty low XD

we got billionaires in here
Jan 19, 2023 6:30 AM
15.5K Comments
Joined Feb 2005
thund3rcatJan 19, 2023 6:30 AM
15.5K Comments
Quote from vndragonslayer :
thats pretty low XD

we got billionaires in here
Yup we got billionaires that qualifies for clean cars 4 all
Jan 19, 2023 8:36 AM
492 Comments
Joined Feb 2012
nosugarpleaseJan 19, 2023 8:36 AM
492 Comments
Mods/admins - Please mark this thread as expired so only interested ppl can bookmark / come visit for information
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Jan 19, 2023 9:27 AM
485 Comments
Joined Sep 2013
jakuzhiJan 19, 2023 9:27 AM
485 Comments
Anyone know if there are any extra benefits (taxes, charger, installation, etc.) for purchasing in Nevada?

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