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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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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 11:37 AM
905 Posts
Joined Jul 2016
mike312Jan 19, 2023 11:37 AM
905 Posts
Looking for information on CU and the rates as well as rates directly from Tesla . Tower CU review is not looking good. My eta is by Feb 10 so prepping for Auto loan... Gratze
Jan 19, 2023 11:50 AM
348 Posts
Joined Dec 2013
vamsichJan 19, 2023 11:50 AM
348 Posts
Quote from tqlla3k :
Just my opinion, but its not worth buying FSD for $15000. When you can just subscribe monthly for $200, and cancel as you wish.

$15000 financed for 5 years at 6% interest is $290/month. ($17400 total)
$15000 financed for 5 years at 6% interest is $249/month. ($17899 total)
Plus you have to pay interest on that $150000 sales tax
Plus you have to pay more in insurance considering the additional car value
FSD does not transfer to another car if you total or sell your car.
In 5 years, FSD only adds 20-30% of the current FSD price to the car.
Agree with your math. What do you think about getting the Enhanced Autopilot for 6k? Is there a subscription for that when we need it?
Jan 19, 2023 12:02 PM
348 Posts
Joined Dec 2013
vamsichJan 19, 2023 12:02 PM
348 Posts
Quote from MaroonCircle6262 :
Just submitted for Gcfu too
Can you please let me know how it went with CGFU? What's the APR and is there any loan amount limit?
Jan 19, 2023 12:06 PM
171 Posts
Joined Jun 2022

This comment has been rated as unhelpful by Slickdeals users.

Jan 19, 2023 12:12 PM
1,903 Posts
Joined Apr 2007
topchoJan 19, 2023 12:12 PM
1,903 Posts
Quote from THEOHIOSTATE :
I didn't say what You are owed. I said what you owe in taxes. The $7500 is a credit. It's not added on to your refund. It's based off of your tax liability. I don't know why that's hard to understand.
The original statement that you blatantly and incorrectly criticized described a case where the "government" sends you $17,500 when you are "owed" $10,000 originally. I don't know what is so hard to understand either.
Jan 19, 2023 12:17 PM
2,027 Posts
Joined Jan 2008
NeoSlickJan 19, 2023 12:17 PM
2,027 Posts
Quote from pugxiwawa :
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.
Yeah tea in China.

My point still stands. When you can buy two good civics for less than one great Y then that demonstrates beautifully that the cost is too high. Because civics are not buses and you can fit a family of five in there if you have to. And I know you don't get all the EV goodness; which I'm not knocking. I'm saying when one EV cost more than two civics then that's too much. I'm not saying anyone can't disagree prefer it and pay more. But now we're into the exotic specialty vehicles and that's not what we need.

Look; The price is too damn much For what you get comparably! Because I can and I did compare them. I did not compare them to one Civic that's not the point. I'm saying one EV should not be the same comparable price as two whole civics.

Plus that clearly points out that the extra savings of thousands you get from the better EV with higher EMPG and hopefully less maintenance is still not enough to equal TWO civics and all their extra fuel costs combined. Same with 2 Corollas. 2023 models all, new.

And I only cite those two models because two of them are the exact same price as one Y. Wow. We can and will do better.

And hold the phone. All you green new deal idiots ought to catch clue. That's not better for getting exhaust off the streets.
Last edited by NeoSlick January 19, 2023 at 05:25 AM.
Pro
Jan 19, 2023 12:28 PM
4,529 Posts
Joined Mar 2006
tqlla3k
Pro
Jan 19, 2023 12:28 PM
4,529 Posts
Quote from vamsich :
Agree with your math. What do you think about getting the Enhanced Autopilot for 6k? Is there a subscription for that when we need it?
It looks like tesla doesnt have a subscription for EAP.
Last edited by tqlla3k January 19, 2023 at 05:39 AM.

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Jan 19, 2023 12:34 PM
699 Posts
Joined Dec 2008
joseattJan 19, 2023 12:34 PM
699 Posts
Quote from tqlla3k :
The current subscription cost for Enhanced Autopilot is $99.

Not in USA, FSD only. $199 or $99 if you have advance autopilot.
Pro
Jan 19, 2023 12:38 PM
4,529 Posts
Joined Mar 2006
tqlla3k
Pro
Jan 19, 2023 12:38 PM
4,529 Posts
Quote from joseatt :
Not in USA, FSD only. $199 or $99 if you have advance autopilot.
You are right. I read the articles wrong.
Jan 19, 2023 12:49 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 19, 2023 12:49 PM
532 Posts
Quote from NeoSlick :
Yeah tea in China.

My point still stands. When you can buy two good civics for less than one great Y then that demonstrates beautifully that the cost is too high. Because civics are not buses and you can fit a family of five in there if you have to. And I know you don't get all the EV goodness; which I'm not knocking. I'm saying when one EV cost more than two civics then that's too much. I'm not saying anyone can't disagree prefer it and pay more. But now we're into the exotic specialty vehicles and that's not what we need.

Look; The price is too damn much For what you get comparably! Because I can and I did compare them. I did not compare them to one Civic that's not the point. I'm saying one EV should not be the same comparable price as two whole civics.

Plus that clearly points out that the extra savings of thousands you get from the better EV with higher EMPG and hopefully less maintenance is still not enough to equal TWO civics and all their extra fuel costs combined. Same with 2 Corollas. 2023 models all, new.

And I only cite those two models because two of them are the exact same price as one Y. Wow. We can and will do better.

And hold the phone. All you green new deal idiots ought to catch clue. That's not better for getting exhaust off the streets.
Again, it's not comparable to civic. The only similarity between them is that both are cars. The average new car cost in America last year was 48k, so model Y now costs around average what people are paying for new car. It's not some exotic car that's unattainable. If anything, the reason why civic is cheap is because it costs very little to make and missing all the features in Model Y in addition to size. This is like saying everyone should buy cheap $300 Chinese android phone instead of iPhone, because both make phone calls and both can go online. We know that's not the case as there are great inherent benefits of going with what iPhone or premium android offers. Being able to get 2,3 or 4 Chinese knock off phones for the same price is irrelevant.

That's why you cross shop comparable car in the same category, not just go by random price of a car that is too small, slow, and lack of technology. A lot of us would never consider civics or corollas regardless their price. They just don't have what we are looking for.
1
Jan 19, 2023 12:56 PM
532 Posts
Joined Nov 2007
pugxiwawaJan 19, 2023 12:56 PM
532 Posts
Quote from Convid1984 :
80-100k miles average lifespan of an EV's battery. Should be required disclosure
Hmm not true. Modern EV battery life is rated 300k-500k miles and Tesla warranty battery for 8 years or 100k miles. This is similar to how majority auto companies guaranteed their engine/drive tran.

https://news.energysage.com/how-l...ries-last/
Jan 19, 2023 01:09 PM
50 Posts
Joined Nov 2014
samm7020Jan 19, 2023 01:09 PM
50 Posts
Quote from t.i. :
It's funny how people with less to no analytical skills trying to make fun of established automobile manufacturers via proxy.
Once the novelty of the new fancy tech fades away, it will be interesting to see how many actually see the garbage Tesla is producing.
All of the established OEMs are making bev's. Hybrids have been around 20 years they have batteries. Toyota hybrids have huge demand and are super reliable. Yet when the Prius came out everyone screamed and shouted the same thing you are saying now.
Jan 19, 2023 01:10 PM
85 Posts
Joined Jan 2018
Nos4r2Jan 19, 2023 01:10 PM
85 Posts
Quote from TheKingofDeals :
So what is the month and interest rate you getting? They make it confusing with all the deductions. I submitted an app for both CU to be safe.
I have them wrote down at my office. I'll let you know.
Jan 19, 2023 01:19 PM
14 Posts
Joined Sep 2014
TruePJan 19, 2023 01:19 PM
14 Posts
Does J1772 adapter include with Model Y delivery?
I am taking delivery this month and not sure I need to by one.

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Jan 19, 2023 01:40 PM
121 Posts
Joined Apr 2011
gguy9Jan 19, 2023 01:40 PM
121 Posts
Quote from TrueP :
Does J1772 adapter include with Model Y delivery?
I am taking delivery this month and not sure I need to by one.
Yes, an adapter is included. No charging cord though.

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