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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 24, 2023 07:28 PM
586 Posts
Joined Jan 2007
dtwizzyJan 24, 2023 07:28 PM
586 Posts
Got approval today with tower for 3.49%

Some people were saying it was taking 30 days for approval now but I got mine in about 5-6 days
Jan 24, 2023 07:28 PM
18 Posts
Joined Jan 2015
RicecukerJan 24, 2023 07:28 PM
18 Posts
Did the IRS give a hard date of March 1st for the Tax credit?

Los Angeles orders might be out of luck, based on me browsing other forums and looking over this google sheet (https://docs.google.com/spreadshe...dit#gid=0)

Looks like most Los Angeles orders are set for delivery in March if you order within the past week, like myself (1/21).
Jan 24, 2023 07:29 PM
2,522 Posts
Joined Aug 2007
sleekwalletJan 24, 2023 07:29 PM
2,522 Posts
Quote from dtwizzy :
Got approval today with tower for 3.49%

Some people were saying it was taking 30 days for approval now but I got mine in about 5-6 days

awesome, what steps did you follow?
Jan 24, 2023 07:31 PM
945 Posts
Joined Nov 2010
LAST_EXITJan 24, 2023 07:31 PM
945 Posts
Elon doing a little reverse psychology.

Up the price by $500 making every one think they even got a better deal while manipulating those who were on the fence to put there orders in.

Then to drop the price 2k in a few months

Genius
1
Pro
Jan 24, 2023 07:32 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 24, 2023 07:32 PM
396 Posts
Quote from dtwizzy :
Got approval today with tower for 3.49%

Some people were saying it was taking 30 days for approval now but I got mine in about 5-6 days
Wow havent even received anything from tower been like a week
Jan 24, 2023 07:33 PM
171 Posts
Joined Dec 2012
Hank5150Jan 24, 2023 07:33 PM
171 Posts
Quote from Dystien :
Yes, DM me
sent.
Jan 24, 2023 07:34 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 24, 2023 07:34 PM
3,419 Posts
Quote from indeo :
For taking delivery - is there a link to excel checklist or can you recommend any video?
I am taking delivery today evening.
Yeah this guys video:
https://www.youtube.com/watch?v=M...puI&t=306s

https://www.accessoriesfortesla.c...klist-2021

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Jan 24, 2023 07:34 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 24, 2023 07:34 PM
3,419 Posts
Quote from MaroonCircle6262 :
Wow havent even received anything from tower been like a week
I got GCCU acct created and loan submitted.
Jan 24, 2023 07:35 PM
171 Posts
Joined Dec 2012
Hank5150Jan 24, 2023 07:35 PM
171 Posts
Quote from sleekwallet :
awesome, what steps did you follow?
what is tower? Anyone have recommendations for the lowest auto loan rate out there?
Jan 24, 2023 07:36 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 24, 2023 07:36 PM
3,419 Posts
Quote from dtwizzy :
Got approval today with tower for 3.49%

Some people were saying it was taking 30 days for approval now but I got mine in about 5-6 days
I assume you did 72 months @ 3.49% per https://www.towerfcu.org/borrow/l...loan-rates
Just getting Tower to set my Checking account up is drag has been almost a week and nothing, SD effect for sure.
Jan 24, 2023 07:37 PM
4,332 Posts
Joined Apr 2012
twoweeledJan 24, 2023 07:37 PM
4,332 Posts
Quote from dapretendr :
I'm picking up my Y at 230 in Plano TX service center today. I ordered the night the price dropped.
WOW! And it took you till now to receive it? I ordered on the 15th. How much hope do I have? LMAO And you're in Texas! I'm in California. sheesh
Jan 24, 2023 07:37 PM
1,207 Posts
Joined Nov 2020
mattymsu25Jan 24, 2023 07:37 PM
1,207 Posts
Quote from TheKingofDeals :
I assume you did 72 months @ 3.49% per https://www.towerfcu.org/borrow/l...loan-rates [towerfcu.org]
Just getting Tower to set my Checking account up is drag has been over a week.
72 months. bahahahahahaha
1
Jan 24, 2023 07:39 PM
297 Posts
Joined Aug 2006
dapretendrJan 24, 2023 07:39 PM
297 Posts
I just went with Tesla 5.34, inflation maybe refi soon
Jan 24, 2023 07:40 PM
869 Posts
Joined Apr 2010
KingCoopJan 24, 2023 07:40 PM
869 Posts
Quote from dtwizzy :
Got approval today with tower for 3.49%

Some people were saying it was taking 30 days for approval now but I got mine in about 5-6 days
How long did it take for the membership application? My loan process is moving full steam ahead but haven't heard a peep on the membership side.

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Jan 24, 2023 07:48 PM
297 Posts
Joined Aug 2006
dapretendrJan 24, 2023 07:48 PM
297 Posts
Did anyone here join Tower through the donating method?




Quote from KingCoop :
How long did it take for the membership application? My loan process is moving full steam ahead but haven't heard a peep on the membership side.

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