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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 2,619,695 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 24, 2023 01:00 AM
509 Posts
Joined May 2018
vndragonslayerJan 24, 2023 01:00 AM
509 Posts
Quote from iverticalblue :
let say if you order the model Y/3 which doesn't come with ultrasonic parking sensors, are there any aftermarket ones available as options because it's so embarrassing to see wheels shingles on a smart car like a tesla.
people have been parking without sensors for ages.. just adjust the mirror
1
Jan 24, 2023 01:23 AM
20 Posts
Joined Aug 2020
Dealcatcher2912Jan 24, 2023 01:23 AM
20 Posts
Some MY available in Washington DC/DMV area below 55K, check Tesla Inventory
Jan 24, 2023 01:25 AM
2,138 Posts
Joined Sep 2022
norcal007Jan 24, 2023 01:25 AM
2,138 Posts
Quote from Ostryker :
Got a 5.34% with an 850 Fico. Creditor is Wells Fargo. I ordered the base Model 3. As much as I wanted the Performance version, I resisted the urge and stuck with the RWD Model 3. I will be refinancing with a credit union at a lower late soon.

I had been shopping for the past few months to replace my aging Saab 9-5 (17 years). I had my heart set on Chevy Bolt but no one had it at MSRP so I just gave up. Model 3 fits the bill for my purpose and driving habits.
Victorville, CA Chevy dealer has them at MSRP: https://electric.vvchevy.com/shop...ry/vehicle
Jan 24, 2023 01:27 AM
480 Posts
Joined Jul 2013
likzslickJan 24, 2023 01:27 AM
480 Posts
Quote from Dealcatcher2912 :
Some MY available in Washington DC/DMV area below 55K, check Tesla Inventory
yup just saw some MY <55k in the Texas area as well. Disappeared in like 5-10 mins
Jan 24, 2023 01:28 AM
521 Posts
Joined Dec 2008
slayuJan 24, 2023 01:28 AM
521 Posts
Quote from DealBoz :
I had ordered MYLR 7 seated with Enhanced Auto pilot any thoughts to remove this before delivery
How can we get the FSD for free
Sorry, only for employees. And limited to one redemption only! (i.e you can't avail free FSD for more than one car). At the end of last year, with the $7,500 credit, they were giving it away to friends and family for free! But that incentive is no longer available.
Jan 24, 2023 01:31 AM
182 Posts
Joined Nov 2011
pnguye70Jan 24, 2023 01:31 AM
182 Posts
I applied with PenFed, Capital One, and Chase. They came back with 6.85% to 7% for 72 months. Tesla financing from Wells Fargo came back with 5.34% for 72 months which is a deal.
Jan 24, 2023 01:36 AM
315 Posts
Joined Sep 2007
OstrykerJan 24, 2023 01:36 AM
315 Posts
Quote from norcal007 :
Victorville, CA Chevy dealer has them at MSRP: https://electric.vvchevy.com/shop...ry/vehicle
I am located in NC. I do appreciate the link.

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Jan 24, 2023 01:39 AM
64 Posts
Joined Jan 2021
DealBozJan 24, 2023 01:39 AM
64 Posts
Quote from slayu :
Sorry, only for employees. And limited to one redemption only! (i.e you can't avail free FSD for more than one car). At the end of last year, with the $7,500 credit, they were giving it away to friends and family for free! But that incentive is no longer available.
Will REMOVING the Enchanced Auto pilot option is available before delivery no VIN yet assigned and the delivery dates shows Feb-18 to March 25th
Jan 24, 2023 01:42 AM
4,257 Posts
Joined Jun 2010
alMacJan 24, 2023 01:42 AM
4,257 Posts
Quote from likzslick :
yup just saw some MY <55k in the Texas area as well. Disappeared in like 5-10 mins
Were they Demo vehicles? Seems to be these are mostly in White color and no additional features.
Jan 24, 2023 01:52 AM
480 Posts
Joined Jul 2013
likzslickJan 24, 2023 01:52 AM
480 Posts
Quote from alMac :
Were they Demo vehicles? Seems to be these are mostly in White color and no additional features.
yes demo white with 20inch wheels
Jan 24, 2023 02:18 AM
3,109 Posts
Joined Jul 2011
euuser1398928Jan 24, 2023 02:18 AM
3,109 Posts
Anyone having success getting dealerships to reduce price on stock vehicles so that they are under $55K? For instance I see several MYLR with paint and rim upgrades for $55990. Also several base MYP for $56990.
Jan 24, 2023 02:19 AM
509 Posts
Joined May 2018
vndragonslayerJan 24, 2023 02:19 AM
509 Posts
Quote from foxblur :
Anyone having success getting dealerships to reduce price on stock vehicles so that they are under $55K? For instance I see several MYLR with paint and rim upgrades for $55990. Also several base MYP for $56990.
do custom order or personally call elon himself
1
Jan 24, 2023 02:26 AM
532 Posts
Joined Nov 2007
pugxiwawaJan 24, 2023 02:26 AM
532 Posts
Quote from iverticalblue :
let say if you order the model Y/3 which doesn't come with ultrasonic parking sensors, are there any aftermarket ones available as options because it's so embarrassing to see wheels shingles on a smart car like a tesla.
I can assure you still get rashes on the wheels even with USS. It's about how wide they are outside the body. USS won't do a thing - source, me, with USS MYP and curb rash.
2
Jan 24, 2023 02:33 AM
677 Posts
Joined Apr 2007
happens31Jan 24, 2023 02:33 AM
677 Posts
Quote from pnguye70 :
I applied with PenFed, Capital One, and Chase. They came back with 6.85% to 7% for 72 months. Tesla financing from Wells Fargo came back with 5.34% for 72 months which is a deal.
Which one do you have to put a down payment on?

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Jan 24, 2023 02:36 AM
104 Posts
Joined Dec 2013
sunnys4776Jan 24, 2023 02:36 AM
104 Posts
My delivery date changed from 1/22-2/15 to 2/2-3/2 Frown

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