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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.

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Jan 19, 2023 11:25 PM
46 Comments
Joined Jul 2013
astr1xJan 19, 2023 11:25 PM
46 Comments
What happens if the car price drops or goes up before you take delivery? Do you pay the lower/higher price or the price you ordered it at?
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Jan 19, 2023 11:30 PM
19.7K Comments
Joined Sep 2003
TofuVic
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Jan 19, 2023 11:30 PM
19.7K Comments

Our community has rated this post as helpful. If you agree, why not thank TofuVic

Quote from astr1x :
What happens if the car price drops or goes up before you take delivery? Do you pay the lower/higher price or the price you ordered it at?
If the car price decreases between the time you order and take delivery, you'll get the price - as well as any promotions - that's available on delivery day. If the car price increases during this time, as long as you don't make any adjustments to the car, you'll be able to get the price shown at the time of order.

In other words, price changes between the time of order and time of delivery won't hurt you and can only help you.

I hope this helps,
Tofu Vic
2
Jan 19, 2023 11:32 PM
1.9K Comments
Joined Apr 2007
topchoJan 19, 2023 11:32 PM
1.9K Comments
Quote from THEOHIOSTATE :
If I misread what the original comment, then that's my fault but that doesn't make what I said incorrect. Which was that "if you owe the government $10,000, you would get the full $7500 refund." I never argued about what "you are owed" Not sure why you can't get that through your thick skull.
Maybe because your skull is thick. You called a 100% correct post "totally wrong" or some nonsense like that. It wasn't. Your BS that it was "totally wrong" was corrected. That's it. Nobody said that every word you uttered in your life was incorrect.
1
Jan 19, 2023 11:40 PM
400 Comments
Joined Jul 2013
FreeDealProJan 19, 2023 11:40 PM
400 Comments
Q?
Tow hitch order customer, it show $1000
Is it come with tow package software or have to order separately?
Jan 19, 2023 11:41 PM
4.4K Comments
Joined Feb 2010
turns2stoneJan 19, 2023 11:41 PM
4.4K Comments
Quote from Rebound :
How is the Performance version different? Unfortunately, Tesla doesn't tell us! They think they're super-cute and clever and we're just the idiots who give them money.
The Y Performance upgrades are right on the Tesla website when you choose that option.
Jan 19, 2023 11:45 PM
1.4K Comments
Joined Oct 2011
thinh4u2Jan 19, 2023 11:45 PM
1.4K Comments
Quote from RWelchS :
for some reason thought it was end of March. I'm way off then. thanks
Actually, they said they will evaluate it in March. Basically pushed it back and left it vague until more structured guidelines come out. Tesla estimates that these vehicles would be eligible for the HALF since the batteries are made with imported stuff.

No one knows if they have it all typed and will vote it in, or I'd they're gonna sit down and type it then discuss. Could be March 1st, could be discussion in March then not finalized weeks/months later.

Basically we don't know, but you're guaranteed safe if you take deliver PRIOR to March
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Jan 19, 2023 11:46 PM
19.7K Comments
Joined Sep 2003
TofuVic
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Jan 19, 2023 11:46 PM
19.7K Comments
Quote from Rebound :
How is the Performance version different? Unfortunately, Tesla doesn't tell us! They think they're super-cute and clever and we're just the idiots who give them money.
On the official Tesla website [tesla.com], it shows the following text if you choose the Performance:
Quote :
Performance Upgrade

Increased top speed from 135mph to 155mph
21'' Überturbine Wheels
Performance Brakes
Lowered suspension
Aluminum alloy pedals
Carbon fiber spoiler
The photos also change to show the key differences.

I hope this helps,
Tofu Vic

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Jan 19, 2023 11:52 PM
1.4K Comments
Joined Oct 2011
thinh4u2Jan 19, 2023 11:52 PM
1.4K Comments
Quote from TofuVic :
On the official Tesla website [tesla.com], it shows the following text if you choose the Performance:
The photos also change to show the key differences.

I hope this helps,
Tofu Vic
Also:

"With its two motors spinning out instant electric torque, the Model Y is one of the quickest small SUVs you can buy. In MotorTrend testing, the 384-hp, 376-lb-ft Model Y Long Range accelerated from 0 to 60 mph in 4.1 seconds. The Model Y Performance packs 456 hp and 497 lb-ft, which cuts the 0-60-mph sprint down to 3.5 seconds."

Downside is performance loses a bit of mileage.
Jan 19, 2023 11:57 PM
13 Comments
Joined Nov 2013
royr4369Jan 19, 2023 11:57 PM
13 Comments
Quote from FrostyD :
They only extended it until March, not the end of March. So you have to take delivery in January or February. We don't know what happens after that. Maybe they release their new guidance and its lowered to $3750, and maybe they kick the can further down the road.
Can someone confirm on IRS rebate. I am unable to find stating anywhere until March 1st?
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Jan 20, 2023 12:02 AM
19.7K Comments
Joined Sep 2003
TofuVic
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This user is an Expert in Tech & Electronics
Jan 20, 2023 12:02 AM
19.7K Comments
Quote from royr4369 :
Can someone confirm on IRS rebate. I am unable to find stating anywhere until March 1st?
It won't necessarily be on 03/01/2023, but sometime in March 2023.

The official text reads, "This proposed guidance is expected to be issued in March 2023."

Source: IRS:Topic C — Frequently Asked Questions About When The New Requirements Apply To The New Clean Vehicle Credit [irs.gov]

I hope this provides clarification,
Tofu Vic
Jan 20, 2023 12:08 AM
1.3K Comments
Joined Mar 2007
CrazyOneJan 20, 2023 12:08 AM
1.3K Comments
He-he, applied for tesla loan, was approved and 2 days later I got an email saying that may loan is from Wells Fargo. Don't really like Wells Fargo and I think my previous loan was not showing the lender. I even though that I pay directly to Tesla.
Jan 20, 2023 12:10 AM
405 Comments
Joined May 2018
MaroonCircle6262Jan 20, 2023 12:10 AM
405 Comments
Quote from CrazyOne :
He-he, applied for tesla loan, was approved and 2 days later I got an email saying that may loan is from Wells Fargo. Don't really like Wells Fargo and I think my previous loan was not showing the lender. I even though that I pay directly to Tesla.
Really i got a text in 30 mins saying approved and it was through wells @5.34 🤣
I am waiting for some credit unions to get back they slow might have to go with wells maybe
Jan 20, 2023 12:32 AM
1.7K Comments
Joined Mar 2006
ilikeallofuJan 20, 2023 12:32 AM
1.7K Comments

Our community has rated this post as helpful. If you agree, why not thank ilikeallofu

Woke up in the middle of night, actually early morning and found this post and here's my update:

Maryland

MYLR - 5 seat - 19" wheel -Blue exterior and Black interior - No Tow or FSD

Order Date: 1/13/2023 - 3:20 AM EST

Received email with VIN - 1/13/2023 - 8:40 AM EST

Delivery date assigned - 1/16/2023 or 1/17/2023

Didn't have auto loan in place, so rescheduled delivery for 1/19/2023.

Just picked it up today… no major issue with the vehicle… there seems to be hairline scratches on the trunk if u look closely, so may take it to Service center for fix.

VIN starts with 7SA and from what i could find from the VIN decode, it's a Austin built 2023 model.
1
Jan 20, 2023 12:39 AM
3.5K Comments
Joined Dec 2005
TheKingofDealsJan 20, 2023 12:39 AM
3.5K Comments
Quote from TofuVic :
lol. No, I do not recommend paint protection film (PPF), but did consider it for weeks and can see why some people want it on their car. I don't consider my car an investment.

Out of curiosity, did I give off vibes that I would recommend PPF and that think of my car as an investment?

Take care,
Tofu Vic
What is a good ceramic coating I can do myself. I've been using Turtle Wax ICE Seal N Shine and been pretty happy with it but does not last all year.

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Jan 20, 2023 12:46 AM
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Joined Jan 2008
NeoSlickJan 20, 2023 12:46 AM
2.1K Comments
Quote from pugxiwawa :
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.
I don't like any of them. You don't have to either.

It's still two cars to one and that's twice the utility. For what they really do.

It's OK because car prices are about to crash; with many other thing. Then I may buy used. At about an eight of what the Y costs?

Y ask Y?

Oh, I can afford more. Darn pesky thinking!

And stubborn say what???

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