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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 2,614,189 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 19, 2023 05:45 AM
470 Posts
Joined May 2011
pisceanJan 19, 2023 05:45 AM
470 Posts
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 10:55 PM.
Jan 19, 2023 05:50 AM
639 Posts
Joined Oct 2007
slickdealer_123Jan 19, 2023 05:50 AM
639 Posts
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 05:55 AM
2,899 Posts
Joined Jan 2011
WifeCallsMeCheapJan 19, 2023 05:55 AM
2,899 Posts
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 05:58 AM
470 Posts
Joined May 2011
pisceanJan 19, 2023 05:58 AM
470 Posts
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 06:02 AM
196 Posts
Joined Nov 2022
BrightHalibut7933Jan 19, 2023 06:02 AM
196 Posts
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 06:06 AM
841 Posts
Joined Dec 2006
t.i.Jan 19, 2023 06:06 AM
841 Posts
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 06:21 AM
23 Posts
Joined Jan 2021
StrongPencil764Jan 19, 2023 06:21 AM
23 Posts
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.
1

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Jan 19, 2023 06:23 AM
841 Posts
Joined Dec 2006
t.i.Jan 19, 2023 06:23 AM
841 Posts
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 06:23 AM
15,490 Posts
Joined Feb 2005
thund3rcatJan 19, 2023 06:23 AM
15,490 Posts
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 06:25 AM
509 Posts
Joined May 2018
vndragonslayerJan 19, 2023 06:25 AM
509 Posts
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 06:25 AM
526 Posts
Joined Mar 2019
ggaproprosJan 19, 2023 06:25 AM
526 Posts
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 06:26 AM
509 Posts
Joined May 2018
vndragonslayerJan 19, 2023 06:26 AM
509 Posts
Quote from thund3rcat :
I have two Teslas, everyone who post here does.
thats pretty low XD

we got billionaires in here
Jan 19, 2023 06:30 AM
15,490 Posts
Joined Feb 2005
thund3rcatJan 19, 2023 06:30 AM
15,490 Posts
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 08:36 AM
489 Posts
Joined Feb 2012
nosugarpleaseJan 19, 2023 08:36 AM
489 Posts
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 09:27 AM
475 Posts
Joined Sep 2013
jakuzhiJan 19, 2023 09:27 AM
475 Posts
Anyone know if there are any extra benefits (taxes, charger, installation, etc.) for purchasing in Nevada?

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