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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 2,618,763 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 21, 2023 07:05 AM
134 Posts
Joined Dec 2010
yishencJan 21, 2023 07:05 AM
134 Posts
Quote from cybertechie :
I am taking delivery tomorrow. All the documentation says the purchase price is $55,630 which includes the destination fee. I hope this does not cause issues for EV rebate.
Can anyone confirm destination fee is not included for the 55k limit?
From IRS website

MSRP is the retail price of the automobile suggested by the manufacturer, including options, accessories and trim but excluding destination fees. It isn't necessarily the price you pay.
Jan 21, 2023 07:07 AM
9,935 Posts
Joined Jun 2008
runtohell121Jan 21, 2023 07:07 AM
9,935 Posts
Quote from ggapropros :
lol wait a second, you have a 21 vw ID4pro and are going back to a gas car??

Man VW sucks ass haha, and theyre the only one that can make even a tenth as many EV as tesla. I guess tesla has nothing to worry about.
VW ID.4 itself isn't the issue. It's more of the charging network reliability; if you were to travel far distance and relying on Electrify America, you'll be in for a long wait or some broken chargers along the trip.
Jan 21, 2023 07:39 AM
167 Posts
Joined Dec 2004
cybertechieJan 21, 2023 07:39 AM
167 Posts
Quote from baggy :
People financing this car, what are the current deals on auto loans?
5.34% from Tesla was the best offer for me. Everyone else was much more. I did not check any credit union's though.
Jan 21, 2023 07:43 AM
167 Posts
Joined Dec 2004
cybertechieJan 21, 2023 07:43 AM
167 Posts
I unknowingly ordered the model y standard range (279 miles EPA) from the inventory. Looks like this comes with 4680 cells. Anyone has this version and could you please share any differences and advantages of getting this vs long range.
Will Tesla offer to extend the range using a software update if I pay more?
1
Jan 21, 2023 07:53 AM
104 Posts
Joined Dec 2013
sunnys4776Jan 21, 2023 07:53 AM
104 Posts
Quote from thinh4u2 :
How much did this cost? How far from breaker? And where do u live?
About 20ft from breaker. Quotes ranged from 1200 - 625. Guess which one I opted . Jk . Shop around get multiple quotes from electricians. Western mass
Jan 21, 2023 08:53 AM
255 Posts
Joined May 2009
fangszJan 21, 2023 08:53 AM
255 Posts
Quote from cybertechie :
5.34% from Tesla was the best offer for me. Everyone else was much more. I did not check any credit union's though.
Tower federal credit Union or option 2 is Adelphi car loans
Jan 21, 2023 08:58 AM
255 Posts
Joined May 2009
fangszJan 21, 2023 08:58 AM
255 Posts
Quote from baggy :
People financing this car, what are the current deals on auto loans?
Tower federal credit Union & Adelphi bank

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Jan 21, 2023 09:26 AM
1,284 Posts
Joined Dec 2015
FishKillaJan 21, 2023 09:26 AM
1,284 Posts
Quote from pugxiwawa :
CR lost all credibility equating panel gaps and paint to reliability:
" The Model Y still has body hardware issues with the tailgate and door alignment, paint defects".
What do those have anything to do with how reliable a car is??? And yet same article ranks Tesla having Highest customer satisfaction. There is all you need to know about owning a Tesla, super majority of customer is very happy and satisfied with the purchase.
Not to mention that's from 2021, qualify has since improved a ton. Haters gonna hate.

HaHa it's funny you say CR lost credibility by equating panel gaps to reliability.

They had to do that literally because of Tesla!!

Just look at all of the people in this thread that have picked up a vehicle with panel issues and everyone just says oh make a service appointment in the app and they will fix it.

So what is the difference if your car has to go in the shop 48 hours after pick up for panel gaps or something mechanical. It went into the shop or had on-site service soon after buying.

CR is just accounting for that. They just never had to before Tesla.
Jan 21, 2023 10:00 AM
304 Posts
Joined Dec 2016
anhdongtxJan 21, 2023 10:00 AM
304 Posts
Quote from MaroonCircle6262 :
Anyone getting delivery today or tomorrow ?
If yes when did you booked 🤔
I bought on 1/13 morning. Delivery today in Plano, Texas
Jan 21, 2023 10:13 AM
3,485 Posts
Joined Jan 2011
toromacJan 21, 2023 10:13 AM
3,485 Posts
Tesla is dumping these cars without ultrasonic sensors as they ready the new hardware suite with hd radar. Will be a lot of sad early production 2023 model Y owners in a few months. Tesla basically just clearancing these out.
Jan 21, 2023 10:25 AM
841 Posts
Joined Dec 2006
t.i.Jan 21, 2023 10:25 AM
841 Posts
Quote from toromac :
Tesla is dumping these cars without ultrasonic sensors as they ready the new hardware suite with hd radar. Will be a lot of sad early production 2023 model Y owners in a few months. Tesla basically just clearancing these out.
Tesla owners are sad regardless of the year.
Ask and you shall find, folks that had these for a couple of years and not afraid of the Tesla mob will let you know.
Pro
Jan 21, 2023 10:41 AM
221 Posts
Joined May 2014
hongr
Pro
Jan 21, 2023 10:41 AM
221 Posts
Quote from toromac :
Tesla is dumping these cars without ultrasonic sensors as they ready the new hardware suite with hd radar. Will be a lot of sad early production 2023 model Y owners in a few months. Tesla basically just clearancing these out.
True. Tesla did not want to launch the hd radar last December because they had manufactured too many cars without USS, can't sell them fast enough. Tesla can't market the hd radar until all cars without USS gone.
Last edited by hongr January 21, 2023 at 03:43 AM.
Jan 21, 2023 11:51 AM
167 Posts
Joined Dec 2004
cybertechieJan 21, 2023 11:51 AM
167 Posts
Quote from toromac :
Tesla is dumping these cars without ultrasonic sensors as they ready the new hardware suite with hd radar. Will be a lot of sad early production 2023 model Y owners in a few months. Tesla basically just clearancing these out.
I hope they offer to retrofit at a price.
Pro
Jan 21, 2023 12:03 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 21, 2023 12:03 PM
396 Posts
Quote from runtohell121 :
Damn.. Just checked on Carvana and Vroom; offered $27K and $23K respectively for my '21 VW ID.4 Pro w/ 29K miles.

Guess I'll probably pass on the Tesla Model 3 and wait for the 2023 Toyota Prius LE AWD.
why you came here to tell that you gonna wait for prius ?
Never in my life seen a post where prius had this many likes and comments 😃
Last edited by MaroonCircle6262 January 21, 2023 at 05:06 AM.

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Jan 21, 2023 12:18 PM
121 Posts
Joined Apr 2011
gguy9Jan 21, 2023 12:18 PM
121 Posts
How soon before pickup/delivery have you been contacted to schedule?

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