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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 2,619,140 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 22, 2023 03:40 AM
1,133 Posts
Joined Jun 2009
hi4700Jan 22, 2023 03:40 AM
1,133 Posts
Quote from jeffkhlam :
What is that extra $1000 claim? Never heard of anything like that
https://www.forbes.com/advisor/pe...ax-credit/
Jan 22, 2023 03:43 AM
1 Posts
Joined Jan 2023
CoralPlant826Jan 22, 2023 03:43 AM
1 Posts
Quote from anhdongtx :
Custom Ordered on 1/13. Picked mine up today. Didn't really find any issue's. A bunch of people picked up today at the same time. They all seem to be happy. Nobody identified any major issues. Asked the rep about gap problems, he said the cars out of Austin have much less number of pieces so there isn't really any gap problem these days

Overall very happy with my purchase. Basically 46.5K for a LR model Y. Car is driving fantastic. Suspension is a bit rough over pot holes but I can live with that.
Congrats :-). I'll be picking up in Plano too on 01/31. Do we have to make payment (downpayment and load) before we go there for delivery?
Jan 22, 2023 03:46 AM
61 Posts
Joined May 2013
VishalV9046Jan 22, 2023 03:46 AM
61 Posts
Quote from anhdongtx :
Custom Ordered on 1/13. Picked mine up today. Didn't really find any issue's. A bunch of people picked up today at the same time. They all seem to be happy. Nobody identified any major issues. Asked the rep about gap problems, he said the cars out of Austin have much less number of pieces so there isn't really any gap problem these days

Overall very happy with my purchase. Basically 46.5K for a LR model Y. Car is driving fantastic. Suspension is a bit rough over pot holes but I can live with that.
Congrats :-). I'll be picking up in Plano too on 01/31. Do we have to make payment (downpayment and load) before we go there for delivery? How long did it take?
Jan 22, 2023 04:04 AM
3,485 Posts
Joined Jan 2011
toromacJan 22, 2023 04:04 AM
3,485 Posts
Quote from JellyBellyMD :
If these cars are so smart, why do I see so many with wheel rash, especially noticeable on the black rims?
Because No 360 view camera. And now not even ultrasonic parking sensors in the 2023 model 3 and Y. Pretty soon you'll be able to tell the model year of the Model3&Y by just looking at the rims- wont even have to notice that there are no ultrasonic sensors hahaha. Sure, people will say they don't need it. But they'll be parking slow, especially if they are OCD about scratches and scuffs. Quite hilarious to have such a high tech vehicle lack basic parking tech. Reminds me of the iphone several years ago when it lost signal by holding it the wrong way! Fanboys will polish any turd to feel better about a bad purchase. Looking forward to see what Tesla does with the HD radar and massive hardware upgrade later in 2023 though. Hoping the new tech makes it into my cybertruck.
6
Jan 22, 2023 04:26 AM
61 Posts
Joined May 2013
VishalV9046Jan 22, 2023 04:26 AM
61 Posts
The purchase agreement has the below. How much these will be and how do we pay them? Do we need to pay them at the time of delivery using credit card or wire transfer?

"Price indicated does not include taxes
and governmental fees, which will be
calculated as your delivery date nears.
You will be responsible for these
additional taxes and fees."

Also, how do we make the payment (down payment + loan payment), at the time of delivery or before going to take the delivery?
Jan 22, 2023 04:41 AM
6 Posts
Joined Jan 2023
kevinkingsleyJan 22, 2023 04:41 AM
6 Posts
Quote from rkster09 :
In 2024, when filing 2023 taxes.
thnks
Jan 22, 2023 05:19 AM
162 Posts
Joined Jan 2008
8803809Jan 22, 2023 05:19 AM
162 Posts
Quote from rkster09 :
In 2024, when filing 2023 taxes.
Thanks, I thought I can claim this $7500 credit when I fill my 2022 tax return before April later this year. I guess I have to wait until next year then. thanks for the info.

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Jan 22, 2023 05:43 AM
74 Posts
Joined Nov 2017
RkbalJan 22, 2023 05:43 AM
74 Posts
Sorry for the dumb question. When I try to order MY , the price including the midnight silver is coming to $53990 and total including destination fee and order fee is $55630 which is above the cap of $55000. So, am I not eligible to get the tax credit?
2
Jan 22, 2023 05:45 AM
304 Posts
Joined Dec 2016
anhdongtxJan 22, 2023 05:45 AM
304 Posts
Quote from Rkbal :
Sorry for the dumb question. When I try to order MY , the price including the midnight silver is coming to $53990 and total including destination fee and order fee is $55630 which is above the cap of $55000. So, am I not eligible to get the tax credit?
The limit does not include destination fee. You should be fine
Jan 22, 2023 05:46 AM
74 Posts
Joined Nov 2017
RkbalJan 22, 2023 05:46 AM
74 Posts
Quote from anhdongtx :
The limit does not include destination fee. You should be fine
Thank you for confirming
Jan 22, 2023 05:53 AM
304 Posts
Joined Dec 2016
anhdongtxJan 22, 2023 05:53 AM
304 Posts
Quote from CoralPlant826 :
Congrats :-). I'll be picking up in Plano too on 01/31. Do we have to make payment (downpayment and load) before we go there for delivery?
I did but I think you can pay when you get there.
Jan 22, 2023 05:57 AM
32 Posts
Joined Sep 2019
SmilingTent566Jan 22, 2023 05:57 AM
32 Posts
So do we need to complete the finance section in the app for the delivery to progress or we can take sometime to complete?
Jan 22, 2023 06:31 AM
167 Posts
Joined Dec 2004
cybertechieJan 22, 2023 06:31 AM
167 Posts
Does Tesla provide dashcam option?
If not, has anyone integrated a dashcam to their system?
Jan 22, 2023 07:25 AM
29 Posts
Joined Oct 2017
Csim52Jan 22, 2023 07:25 AM
29 Posts
Quote from sleekwallet :
if somebody in San Diego needs a Standard Range Y ($50K before rebate), ETA: January 31-February 6. Ping me before I cancel it.
Do u still have this rsvp? I'm in LA n interested!

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Pro
Jan 22, 2023 07:50 AM
13,111 Posts
Joined Feb 2008
AkumaX
Pro
Jan 22, 2023 07:50 AM
13,111 Posts
Quote from cybertechie :
Does Tesla provide dashcam option?
If not, has anyone integrated a dashcam to their system?
It comes with 4 recordable cameras

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