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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 2:56 PM
1.4K Comments
Joined Oct 2011
thinh4u2Jan 19, 2023 2:56 PM
1.4K Comments
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.
From what I read, Tesla no longer includes any mobile charger.

They must be copying all these smartphone companies shipping without a charger. Except, I have plenty of USB-C and wall chargers for my phones lying around, but not a single mobile or wall charger for a Tesla /facepalm lol
Jan 19, 2023 3:05 PM
1K Comments
Joined Mar 2019
CycloneFWJan 19, 2023 3:05 PM
1K Comments
Quote from thinh4u2 :
From what I read, Tesla no longer includes any mobile charger.

They must be copying all these smartphone companies shipping without a charger. Except, I have plenty of USB-C and wall chargers for my phones lying around, but not a single mobile or wall charger for a Tesla /facepalm lol
It was a check box on the order page and is something that can be independently ordered today from their site. Ultimately I feel this was done as a cost savings to Tesla, but they spun it to prevent e-waste since many folks are buying additional Teslas and may not necessarily need additional chargers.
Jan 19, 2023 3:10 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsJan 19, 2023 3:10 PM
3.5K Comments
Quote from pugxiwawa :
math works out IF you can get 2.49%, but then you are paying too much downpayment. might as well pay 8,000 and finance the whole 50k. Even Marcus is paying 3.3% in savings so you should just borrow as much as you can.
Thanks I was thinking the same. Just not having a car payment in very long time has me hardwired to just pay cash or put as much down as possible.
Jan 19, 2023 3:32 PM
509 Comments
Joined May 2018
vndragonslayerJan 19, 2023 3:32 PM
509 Comments
Quote from THEOHIOSTATE :
The fully load dual motor awd lyriq is actually $65k. The 62k is only single motor rwd. When you compare the awd model y to the awd lyriq, the price is more than $10,000. You're also eligible for an EV credit up to $7500, which knocks down the price even more. It's a no brainer.
question is can u get a lyriq for msrp without waiting a year.
1
Jan 19, 2023 3:33 PM
509 Comments
Joined May 2018
vndragonslayerJan 19, 2023 3:33 PM
509 Comments
Quote from JellyBellyMD :
So when should we expect to see the average price for a used MY drop below $30k?
its happening right now
1
Jan 19, 2023 3:34 PM
1.9K Comments
Joined Sep 2014
IK47Jan 19, 2023 3:34 PM
1.9K Comments
What is the best rate you people are seeing for financing on 45K for 48-60 month? Please let me know the financial institution too
1
Jan 19, 2023 3:36 PM
509 Comments
Joined May 2018
vndragonslayerJan 19, 2023 3:36 PM
509 Comments
Quote from JellyBellyMD :
So when should we expect to see the average price for a used MY drop below $30k?
its happening right now
Quote from FishKilla :
Why would you set foot in a dealer before you had everything ironed out?

I haven't gone to a dealer without having everything in place in years. Every dealer has an "internet department". Email them all, the ones who want to play ball respond. It is 2023 not 1983

As far as ADMs, if you are willing to order, like most are doing here for the Tesla, there isn't a car you can't get at MSRP, except maybe a Z06. Cast a wider net.
except most stealerships dont take internet orders without stepping into their stealership. not to mention those waitlist are in the thousands for msrp.. like rav4hybrid n what not.. enjoy waiting for rav4.. by time u get it 2025 will be here
1

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Jan 19, 2023 3:37 PM
196 Comments
Joined Nov 2022
BrightHalibut7933Jan 19, 2023 3:37 PM
196 Comments
Quote from rgadowski :
have you actually compared the ride quality and comfort vs an Audi q4? the Y is not even close.

the q4 is silent and pleasant. the Y is loud in the cabin and road noise on the 3 and y are horrible.

the need air suspension on those cars like the model s and x.
will compare https://www.audiusa.com/us/web/en...rview.html

less range and no 3rd row Frown

Have you driven 2022/3 Y It has comfort suspension now
Jan 19, 2023 3:47 PM
405 Comments
Joined May 2018
MaroonCircle6262Jan 19, 2023 3:47 PM
405 Comments
Quote from vamsich :
Can you please let me know how it went with CGFU? What's the APR and is there any loan amount limit?
Havent heard back from both credit unions yet
Jan 19, 2023 3:54 PM
405 Comments
Joined May 2018
MaroonCircle6262Jan 19, 2023 3:54 PM
405 Comments
Any time frames on how many days does tower fedral or gold coast takes ?
I got approved in tesla within 10 mins lamo..
I know we dealing with small banks here
Jan 19, 2023 4:07 PM
873 Comments
Joined Apr 2010
KingCoopJan 19, 2023 4:07 PM
873 Comments
Quote from MaroonCircle6262 :
Any time frames on how many days does tower fedral or gold coast takes ?
I got approved in tesla within 10 mins lamo..
I know we dealing with small banks here
My guess is that they're likely overwhelmed at the moment. Given the smaller size and the influx in requests, I would anticipate not hearing back for a week or so.
1
Original Poster
Jan 19, 2023 4:08 PM
676 Comments
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 19, 2023 4:08 PM
676 Comments
Quote from BrokePanda :
That's before taxes and fees.
Correct
Jan 19, 2023 4:10 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsJan 19, 2023 4:10 PM
3.5K Comments
Quote from FishKilla :
For all of the Fanbois...here is some more thread crap!

I just installed these 2 items in.....wait for it.... my M3. I highly recommend them

https://www.hautopart.com/collect...-model-3-y

https://www.hautopart.com/collect...-mount-kit


For those who want Apple carplay of Andriod auto

https://www.hautopart.com/collect...uch-screen
How do you like the Ultra Mini Screen Display For Model 3 ? I was thinking to get something similar and looks like several companies make one. How difficult was install?
Jan 19, 2023 4:11 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsJan 19, 2023 4:11 PM
3.5K Comments
Quote from MaroonCircle6262 :
Any time frames on how many days does tower fedral or gold coast takes ?
I got approved in tesla within 10 mins lamo..
I know we dealing with small banks here
Assuming you already setup your required checking/savings account?
How long did that take ? I applied for both yesterday and heard nothing back, snail slow!

Did you end up apply for loan at both and waiting to hear back from both ? I think they have a 30 day lock right for delivery/purchase?

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Jan 19, 2023 4:13 PM
771 Comments
Joined Dec 2014
JellyBellyMDJan 19, 2023 4:13 PM
771 Comments
Quote from vndragonslayer :
its happening right now
Is the Tesla site the best place to look for a used MY? Lowest price I see is $49.6K. Well above $30K.
Last edited by JellyBellyMD January 19, 2023 at 08:18 AM.

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