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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.

Original Post

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12.3K Comments

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Jan 23, 2023 2:47 AM
2.5K Comments
Joined Aug 2007
sleekwalletJan 23, 2023 2:47 AM
2.5K Comments
Quote from dealhunt_101 :
You'll get a text msg and an email to book it online. They'll give you a couple dates and bunch of time slots. I tried to push back mine by 3 days but was told if I don't pick up on one of the two days, my VIN will be given to next in the line. Idiotic at best.
thanks, how much time do you get to line up your loan? and how long can you delay it?
Jan 23, 2023 2:48 AM
88 Comments
Joined Jan 2018
Anasazi318798Jan 23, 2023 2:48 AM
88 Comments
Quote from DealBoz :
whats the delivery date it shows in App?
Feb 7 - March 7
Jan 23, 2023 2:58 AM
187 Comments
Joined Nov 2018
Cool_PacificJan 23, 2023 2:58 AM
187 Comments
Many people are saying they have additional booking done, so can we book it now but deny to go ahead by losing $250 booking fee? If so till when we can hold the booking before denying delivery?
Jan 23, 2023 3:04 AM
565 Comments
Joined Oct 2004
dealhunt_101Jan 23, 2023 3:04 AM
565 Comments
Quote from sleekwallet :
how long can you delay it?

in my case, none at all, not even by a day. guess it depends on location (i'm in NJ), and how much inventory they are moving v/s how much capacity they have.
Jan 23, 2023 3:05 AM
2.5K Comments
Joined Aug 2007
sleekwalletJan 23, 2023 3:05 AM
2.5K Comments
Quote from dealhunt_101 :
in my case, none at all, not even by a day
damn, that sucks
Jan 23, 2023 3:05 AM
2.5K Comments
Joined Aug 2007
sleekwalletJan 23, 2023 3:05 AM
2.5K Comments
Quote from Cool_Pacific :
Many people are saying they have additional booking done, so can we book it now but deny to go ahead by losing $250 booking fee? If so till when we can hold the booking before denying delivery?


what? say that again?
Jan 23, 2023 3:26 AM
509 Comments
Joined May 2018
vndragonslayerJan 23, 2023 3:26 AM
509 Comments
Quote from Cool_Pacific :
Many people are saying they have additional booking done, so can we book it now but deny to go ahead by losing $250 booking fee? If so till when we can hold the booking before denying delivery?
u can book/order as many cars as u want.. each order is $250.. u dont have to keep it or pick up the car.. tesla will get your $250 no matter what..

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Jan 23, 2023 3:28 AM
509 Comments
Joined May 2018
vndragonslayerJan 23, 2023 3:28 AM
509 Comments
Quote from sidewinder33625 :
umm...ok...that was a rhetorical question about paying back tesla. the "deal" was done when you signed the paper. everyone gets it that it sucks to lose 13k but that is the reality. what about those who were about to sell/trade their used teslas that all of a sudden its now worth much less. did they not lose money same as you did? why shouldn't they be entitled to the same compensation? where do you draw the line? at least those that traded/sold their used cars last year made a killing that in some cases will more than make up for the price drop. heck i wish my current car is worth what it was few months ago but again that is the reality.
so lets get this straight.. when people bought their car back in 19/20/early 21 for cheap n resold use for more than what they paid for.. should tesla be entitled to the profit that u got from the appreciation?

no?

so if u signed back in december n now theres a discount.. thats on u right?
1
Jan 23, 2023 3:32 AM
509 Comments
Joined May 2018
vndragonslayerJan 23, 2023 3:32 AM
509 Comments
Quote from YouLikeDiscipline :
This is what's so hilarious about the whole price cut ordeal. In my opinion, these cars were way overpriced to begin with. I didnt see the value in them for the asking price and sat out. Even now, I believe the 3 and Y are still a $6-7k overpriced before any credits. Only now after the price cuts are they coming back down to what they are realistically worth. The same goes for many ICE vehicles on the market...overpriced at MSRP and definitely so after these market adjustments that dealers are applying.

Those that bought at the original price before the cuts, even if a day before- that's totally on you. You felt the price was acceptable at the time of purchase. You felt comfortable that for what the car offers, the features, and name, it checked the boxes..so quit whining. You win some, lose some.
2-3 year ago.. the same ice cars cost 5k less than now.. i dont see people getting mad.. n then dealers add on another 5k.. n here we are in the age of 30k+ civic and corollas
1
Jan 23, 2023 3:43 AM
565 Comments
Joined Dec 2007
jp5392Jan 23, 2023 3:43 AM
565 Comments
Quote from juggar :
Discounts for cash? LOL this isn't 1950 man, financing is king and has been for a very long time. You pay the price you see online. Cash sales are 2nd class citizens at this point. You get worse deals at dealerships when trying to pay cash since they cant make any money off the loan.
I have been able to recently purchase 2 cars both in cash deals and was able to get them for a good discount below asking price. Maybe it would've gone that way regardless of financing or not. Just not too familiar with Tesla's car sales practices.
Jan 23, 2023 3:48 AM
2.1K Comments
Joined May 2004
ECarlsonJan 23, 2023 3:48 AM
2.1K Comments
Quote from jp5392 :
I have been able to recently purchase 2 cars both in cash deals and was able to get them for a good discount below asking price. Maybe it would've gone that way regardless of financing or not. Just not too familiar with Tesla's car sales practices.
Cool, because we also buy our cars with cash (check actually), not financing.
Jan 23, 2023 3:53 AM
1.2K Comments
Joined Nov 2020
mattymsu25Jan 23, 2023 3:53 AM
1.2K Comments
I think it's hilarious some of you telling people that they need to suck up for a $13k hit for a price change in 1 month. These are the same people who whine because Amazon no longer has a price guarantee and complain over $1 change in price.
4
Jan 23, 2023 3:55 AM
3.7K Comments
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 23, 2023 3:55 AM
3.7K Comments
Quote from jp5392 :
I have been able to recently purchase 2 cars both in cash deals and was able to get them for a good discount below asking price. Maybe it would've gone that way regardless of financing or not. Just not too familiar with Tesla's car sales practices.
Tesla doesn't do that but they previously matched 3rd party financing parity with lump sum check, maybe still do? Saved me $800, GLTA!

[email protected]

Niners tonight, Tesla Wed, gang gang! laugh out loud
1
Jan 23, 2023 3:57 AM
565 Comments
Joined Dec 2007
jp5392Jan 23, 2023 3:57 AM
565 Comments
Quote from ECarlson :
Cool, because we also buy our cars with cash (check actually), not financing.
Yeah I usually don't mention anything about the method of payment until the price of the car is agreed upon. And then I just tell them okay and write the check and no need to go through the whole financial advisor ordeal just wasting time.

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Jan 23, 2023 3:58 AM
27 Comments
Joined Nov 2014
karan1455Jan 23, 2023 3:58 AM
27 Comments
Quote from vndragonslayer :
u can book/order as many cars as u want.. each order is $250.. u dont have to keep it or pick up the car.. tesla will get your $250 no matter what..
do you know if tesla lets you transfer the deposit registration on someone else's name?

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