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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 2,618,314 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 04:57 PM
2,566 Posts
Joined Oct 2006
sussigJan 19, 2023 04:57 PM
2,566 Posts
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 [hautopart.com]

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


For those who want Apple carplay of Andriod auto

https://www.hautopart.com/collect...uch-screen [hautopart.com]
can anyone comment on this app if it works great with android auto

https://play.google.com/store/app...peb.teslaa
Jan 19, 2023 04:57 PM
1,284 Posts
Joined Dec 2015
FishKillaJan 19, 2023 04:57 PM
1,284 Posts
Quote from pugxiwawa :
did you install the backseat entertainment unit? that looks cool.
No, I did not and yes it does look cool. I don't really have people in the back much.

The mini display is awesome and is realtime as it just a T connection to the MCU.

The swivel base is a must have for me as well
Jan 19, 2023 04:59 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 19, 2023 04:59 PM
2,409 Posts
2023 and no carplay. LMAO Range is 45% when towing. LMAO

This is even worse than I thought.
4
Jan 19, 2023 05:02 PM
1,284 Posts
Joined Dec 2015
FishKillaJan 19, 2023 05:02 PM
1,284 Posts
Quote from TheKingofDeals :
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?
It's actually awesome. The install was simple and straight forward. The hardest part was unplugging from the MCU. It is tight! Mine is Intel, if you have AMD the plug is way more easily accessed right in the kick panel
Jan 19, 2023 05:02 PM
125 Posts
Joined Jan 2012
whostoblameJan 19, 2023 05:02 PM
125 Posts
Are all the current inventory Model Y's the ones people cancelled/abandoned so they can get the rebate? Nothing shy of 55.9k. Anyways, thanks OP hoping for the delivery to beat March
Jan 19, 2023 05:09 PM
480 Posts
Joined Mar 2007
VLAN101Jan 19, 2023 05:09 PM
480 Posts
Does Massachusetts' $3500 state credit apply to this offer?
1
Jan 19, 2023 05:12 PM
290 Posts
Joined May 2006
2NeolinuxJan 19, 2023 05:12 PM
290 Posts
Anyone ordered on 17th or 18th and received delivery window (not the Jan thru Mar generic message)?

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Jan 19, 2023 05:14 PM
261 Posts
Joined Dec 2010
dfwordersJan 19, 2023 05:14 PM
261 Posts
Quote from TheKingofDeals :
I am wondering if taking a loan out for a portion of the car makes it worthwhile. I don't think I remember a time when borrowing was lower than savings rates. If I have the cash to pay for the car up front. Assuming loans from GCCU or Tower don't include any other fees and don't have any prepayment penalties. Not sure if Dave Ramsey would agree but the math seems to work. Here is my math let me know if I am missing anything.

M3P $58,0000
Cash Down payment: $28,000
Financing $30,0000 @ GCCU 2.49% for 36 months
Placing the $30,000 in Savings instead of paying the car off at purchase.
Loan interest paid in 36 Months : - $1,165.55
$25,000 in Juno 5% interest account: Interest Earned + $4,036.80
$5000 in Wealthfront @ 3.8%: +$602.75

Difference between the interest and loan is + $3,474 of 3 years by placing money in savings rather than paying the car off.
This is assuming Juno stays at 5%, obviously be lower if they drop the rate but if there is no pre-payment penalty I guess you can always pay the car off.
I just gave GCCU a call and they are saying for new cars, rate starts at 5.99%-9.74% with .25% paid using automated payment. Any contacts to get that 2.49% rate?
Jan 19, 2023 05:16 PM
47 Posts
Joined Jun 2015
ahtexas07Jan 19, 2023 05:16 PM
47 Posts
Quote from MurraytheDemonSkull :
It is standard range model (279 miles range, 135mph top speed, 5.0sec 0-60 mph) and not the long range. I think these models have the 4680 battery cells.
Which one is mor efficient (battery wise)?
Jan 19, 2023 05:17 PM
103 Posts
Joined Jul 2010
Dogmeat26Jan 19, 2023 05:17 PM
103 Posts
Quote from dfworders :
I just gave GCCU a call and they are saying for new cars, rate starts at 5.99%-9.74% with .25% paid using automated payment. Any contacts to get that 2.49% rate?
Odd why is their site advertising teh 2.49 then? https://www.gcfcu.org/Consumer-Rates#Auto
Jan 19, 2023 05:23 PM
103 Posts
Joined Nov 2016
PurnaC4950Jan 19, 2023 05:23 PM
103 Posts
Quote from VLAN101 :
Does Massachusetts' $3500 state credit apply to this offer?
Yes model why less than 55k. Model Y with 7 seats may not
Jan 19, 2023 05:27 PM
261 Posts
Joined Dec 2010
dfwordersJan 19, 2023 05:27 PM
261 Posts
Quote from Dogmeat26 :
Odd why is their site advertising teh 2.49 then? https://www.gcfcu.org/Consumer-Rates#Auto
Thank you this helps! I pulled the wrong GCCU on the first google search gave me Greater Cincinnati Credit Union.
1
Original Poster
Jan 19, 2023 05:44 PM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 19, 2023 05:44 PM
673 Posts
Quote from ahtexas07 :
Which one is mor efficient (battery wise)?
4680 turned out to have less energy density but they bring the cost of manufacturing down.

https://www.notebookcheck.net/Tes...162.0.html
Jan 19, 2023 05:48 PM
27 Posts
Joined Nov 2014
karan1455Jan 19, 2023 05:48 PM
27 Posts
Quote from VLAN101 :
Does Massachusetts' $3500 state credit apply to this offer?
yes that is correct. they have added model y to their rebate. it has to be under $55000

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Jan 19, 2023 05:52 PM
753 Posts
Joined Jan 2007
trandtJan 19, 2023 05:52 PM
753 Posts
Pretty good deal in a Samsung T7 500GB HD for your Tesla for sentry mode for people that need it and don't mind refurbished at Bestbuy. $53.

https://www.bestbuy.com/site/sams...Id=6415698

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