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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 2,619,518 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 21, 2023 11:55 PM
905 Posts
Joined Jul 2016
mike312Jan 21, 2023 11:55 PM
905 Posts
Quote from Kaizer :
How long is Tesla's quote good for? My estimate delivery is Jan-March... Wondering when I should apply.

DCU is 5.24% before discount for 65 months. Whereas Tesla is 72 months (6.24% for DCU 72/84 months).
60 days . It will also tell you if you start application
Jan 22, 2023 12:03 AM
677 Posts
Joined Apr 2007
happens31Jan 22, 2023 12:03 AM
677 Posts
Quote from twoweeled :
I also am with Penfed. My other loan with them was good. 3%, but about 3 years ago. Easy peazy with them. But PenFed's rate now is nothing to write home about. It was higher than Tesla's rate.
You are so right. I want to apply elsewhere but hate the inquiries on my reports.
Jan 22, 2023 12:04 AM
677 Posts
Joined Apr 2007
happens31Jan 22, 2023 12:04 AM
677 Posts
Quote from ahipoke :
Navy Federal is 4.54% (up to 36 mo), 4.74% (37-60 mo), and 5.04% (61-72 mo). If you qualify for PenFed you should be eligible for NavyFCU too.
Might take that route since I am a member there also.
Jan 22, 2023 12:10 AM
2,027 Posts
Joined Jan 2008
NeoSlickJan 22, 2023 12:10 AM
2,027 Posts
Quote from seanleeforever :
i am only a random guy who reply to one of you messages , don't mistaken me with someone else. i am not good with wall of text (and obviously won't read it). but it looks like you put in some effort, so the least i could do is to let you know you may want to redirect this to someone else who you seem to be debating?
Sorry. We all have to deal with the fact of both responding to the group and not just one person. With many who disagree; comes one total response from me. My time is just as valuable as yours. And when you cry, "walls of text"(Like: Oh my eyes are bleeding); you are not respecting other people time. All you have to do is move your eyes to the next post and ignore it.
Last edited by NeoSlick January 21, 2023 at 05:31 PM.
3
Jan 22, 2023 12:12 AM
304 Posts
Joined Dec 2016
anhdongtxJan 22, 2023 12:12 AM
304 Posts
Quote from seanleeforever :
sorry for the follow up question:
i assume you mean in the final payment page (app) where it allows you to add a bank account (plaid)?
can you add an account there without having to make a payment? or do you add elsewhere?
I waited till the delivery day then paid and went there
I dont know if you can set it up before. I supposed you could test it with $1 first.

Jan 22, 2023 12:12 AM
526 Posts
Joined Mar 2019
ggaproprosJan 22, 2023 12:12 AM
526 Posts
Quote from JellyBellyMD :
Lol....Guess people don't understand the concept of WFH. For people who fail at math, that means I only drive 400 miles a month...Math EASY...Y
https://www.thezebra.com/resource...istration.

Average miles driven per year in the U.S. (2022)
On average, Americans drive 14,263 miles per year according to the Federal Highway Administration.

Most americans dont work from home. Congratulations on not understanding basic outliers in highschool level statistics, you will probably never be able to afford a tesla at your intelligence.. you can leave the thread now.
2
Jan 22, 2023 12:12 AM
2,522 Posts
Joined Aug 2007
sleekwalletJan 22, 2023 12:12 AM
2,522 Posts
Quote from karan1455 :
If anyone wants a white Model y awd standard range (279 miles) in boston MA let me know. i have an extra reservation. eta jan 31 to feb 7
By the way, I texted them and they changed mine to LR

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Jan 22, 2023 12:14 AM
1,286 Posts
Joined Jan 2008
mankuJan 22, 2023 12:14 AM
1,286 Posts
Quote from Rebound :
Many cars are faster: https://en.wikipedia.org/wiki/Lis..._lap_times [wikipedia.org]

But this thread is not about the Plaid Tesla, it is about the 3 and the Y, and they're just boring at cornering. I've driven them. It doesn't mean they're bad cars; I don't know why you have to be so defensive about a car. It's just that there are a lot of cars that are much more fun to drive through twisty corners. These cars are great, but in the corners, they have way more body roll than most sports cars.
But Teslas are sedans, or "SUVs"...not two seater exotics. The 3 Performance is 60K, not 300K.

And can go to Costco, and maybe even BBBY if you have enough time. A sweet little Saturday.
Jan 22, 2023 12:16 AM
526 Posts
Joined Mar 2019
ggaproprosJan 22, 2023 12:16 AM
526 Posts
Quote from Rebound :
Many cars are faster: https://en.wikipedia.org/wiki/Lis..._lap_times [wikipedia.org]

But this thread is not about the Plaid Tesla, it is about the 3 and the Y, and they're just boring at cornering. I've driven them. It doesn't mean they're bad cars; I don't know why you have to be so defensive about a car. It's just that there are a lot of cars that are much more fun to drive through twisty corners. These cars are great, but in the corners, they have way more body roll than most sports cars.
Sports cars?

its a 4 door family sedan.

you also have no idea how weight distribution works. Statistically VAG sells the most 4 door "performance" sedans but they put the engine beyond the front wheels for extremely poor handling, it results in something called "understeer". If you watch top gear once youll probably hear the term. This is the opposite of oversteer.

Tesla you can oversteer quite easily with the 600hp, and it costs $30,000 less than a BMW with the same horsepower (+fuel +BMW M service/maintenance which costs as much as a porsche 911 does to maintain)

The Tesla is basically an iphone, it just works.
Last edited by ggapropros January 21, 2023 at 05:26 PM.
2
Jan 22, 2023 12:18 AM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 22, 2023 12:18 AM
3,694 Posts
Quote from norcal007 :
What? SF commercial RE vacancy is 28% and expected to hit 38% later this year. Friend just shut down one of his 2 restaurants/wine bar in SF. Apple will announce layoffs soon. My son in law is a engineer with them and in the know. There has been 70,000 layoffs in tech the past 2 months and more to come. Lots of negative ripple effect. How can you not see that? Never said the sky was falling, but we are in a recession that's going to get worse. Look at the GDP and report back. It was 2% in 2022. Under Trump it was 5.75% in 2021. Btw, I hope Tesla sells a lot of cars as it's great for our economy, but they are certainly not a good fit for most people.
SF has its own very distinct problems. The Bay area economy as a whole is obviously still very strong; NBER are the only ones to call a recession, notTesla thread economists; I already touched on tech layoffs & Joe was pres in '21 (thank you, I guess?), orange man last year year was -3.7 gdp growth. Lmao!

Don't need hope, they'll post half million' 22 sales next week & ticker goes brrrrrrrrrr! All aboard 680, of course do your own DD. laugh out loud
Last edited by Anonymous January 21, 2023 at 05:43 PM.
3
Jan 22, 2023 12:20 AM
1,788 Posts
Joined Mar 2013
sillar68Jan 22, 2023 12:20 AM
1,788 Posts
Havila (Norwegian coastal passenger service/ferry operator) Bans Electric and Hydrogen Vehicle Transport Due to Fire Danger

https://maritime-executive.com/ar...ire-danger
Pro
Jan 22, 2023 12:27 AM
699 Posts
Joined Nov 2006
PortlandME
Pro
Jan 22, 2023 12:27 AM
699 Posts
Quote from karan1455 :
If anyone wants a white Model y awd standard range (279 miles) in boston MA let me know. i have an extra reservation. eta jan 31 to feb 7
Sent you a PM.
Jan 22, 2023 12:29 AM
526 Posts
Joined Mar 2019

This comment has been rated as unhelpful by Slickdeals users.

Jan 22, 2023 12:29 AM
27 Posts
Joined Nov 2014
karan1455Jan 22, 2023 12:29 AM
27 Posts
Quote from sleekwallet :
By the way, I texted them and they changed mine to LR
I already have 2 reservations. one for LR and order for SR. I decided to go with LR , so i will lose for the $250 deposit for the SR.
I'm not sure if there any way to get the deposit back from tesla?
2

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Jan 22, 2023 12:30 AM
9,935 Posts
Joined Jun 2008
runtohell121Jan 22, 2023 12:30 AM
9,935 Posts
Quote from ggapropros :
Man, this is the first time ive ever seen any of the owners of the cars admit that the electrify america is unusable. All youtube vlogs and blogs say that electrify america is plagued with problems and unusable, but then the kia/vw/etc fanboys gaslight about how it "works fine" and no one has any reason to buy a tesla

Meanwhile it was so bad youre saying you will just go back to a prius. That is incredible.

I owned a tesla, sold it for a profit, and live in a city that doesnt need cars, but i cant imagine how bad an experience has to be to want to return to gas stations. I borrowed a relatives gas car for 2 weeks and going to gas stations made me want to shoot myself compared to plugging in my garage.
Electrify America works fine, as long as you're the one that's charging and not having to wait 20 min to an hour. If you rely on EA, just be prepared to wait due to failing chargers and long wait time.

I use EA about once a week; charge the car to roughly 80%.

My consideration is either a Tesla Model 3 to use the Tesla Supercharger network or go back to a hybrid, which my choice is the 2023 Prius that was announced recently.

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