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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 2,617,830 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 26, 2023 12:09 AM
556 Posts
Joined Dec 2012
Slayer.I.AmJan 26, 2023 12:09 AM
556 Posts
Quote from Knightshade :
Fed rebate is based on MSRP, not any discounts at point of sale.

I'm currently seeing all of 337 total 3/Y in the entire country in inventory priced above 55k right now here:
https://ev-cpo.com/
(you can filter on US only, new only, and the 55k price limit to get these same results)

337 cars is....about 2 hours of factory production worldwide for Tesla at the 2022 run rate (2023 will be ~50% higher). Hardly a glut of inventory.


They're not going to just make all options free for new orders (which they'd need to do to meet the MSRP requirement for your plan) in hope of moving a tiny # of inventory cars already built with those options.

Instead they're likely ONLY building sub 55k configured inventory cars between now and March (plus 7 seat Ys, which have an 80k price cap), knowing they will go quickly.

How accurate is this website? Did you check before the announcement of the offer and did it show like tens of thousands of cars in the inventory? I am genuinely curious.
Original Poster
Jan 26, 2023 12:09 AM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 26, 2023 12:09 AM
673 Posts
Quote from WiseOctopus1522 :
No HW4 upgrade/retrofit for HW3 models - the cost will be very high. CT will get HW4 - but CT volume production is only by next year. No disclosure on any other models getting HW4.
what is your source?
1
Jan 26, 2023 12:10 AM
4,257 Posts
Joined Jun 2010
alMacJan 26, 2023 12:10 AM
4,257 Posts
Quote from vndragonslayer :
enjoy your your overpriced guzzling camry.. ill enjoy my ev ty
Enjoying Camry very well. Hope you have figured out by now that assets like Cars depreciate in value so not to fuss on it. If now, you will.

Quote from MajinderS :
I have never heard the words Camry and gas guzzler together
Exactly. I get 33/34 mpg on my Camry as well. Not sure where he/she is pulling Camry and guzzler together.
Jan 26, 2023 12:11 AM
60 Posts
Joined Oct 2018
WiseOctopus1522Jan 26, 2023 12:11 AM
60 Posts
Quote from MurraytheDemonSkull :
what is your source?
Earnings Call today
Original Poster
Jan 26, 2023 12:18 AM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 26, 2023 12:18 AM
673 Posts
Quote from WiseOctopus1522 :
Earnings Call today
thanks! found it https://youtu.be/_Pxfo4rT3f8
Jan 26, 2023 12:44 AM
2,241 Posts
Joined Oct 2008
flightxxxJan 26, 2023 12:44 AM
2,241 Posts
Quote from alMac :
Enjoying Camry very well. Hope you have figured out by now that assets like Cars depreciate in value so not to fuss on it. If now, you will.



Exactly. I get 33/34 mpg on my Camry as well. Not sure where he/she is pulling Camry and guzzler together.
you have a hybrid camry?
Jan 26, 2023 12:45 AM
48 Posts
Joined Nov 2013
BoongoJan 26, 2023 12:45 AM
48 Posts
Quote from flightxxx :
any tricks to get around the sales tax if i'm in CA. can i purchase in oregon and drive it CA?
you pay tax at the DMV where you live, not at the location of delivery

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Jan 26, 2023 12:45 AM
74 Posts
Joined Nov 2017
RkbalJan 26, 2023 12:45 AM
74 Posts
Quote from foxblur :
I have a MYLR VIN assigned for pickup in 2 weeks and I just learned that Teslas don't have:

Blind spot warning & intervention - Generally does not work
Rear pedestrian intervention - No
Rear cross traffic - No

Coming from a Honda Pilot I need these features. I might cancel my order. All this tesla hype yet so far behind. I'll wait to see what my insurance quote is. I did test drive a 2022 MYP but didn't test this stuff. I assumed it did the basic stuff
Hi , If you are going to cancel the order , can this be transferred to me? Not sure if it has to be same state
Jan 26, 2023 12:48 AM
399 Posts
Joined Nov 2014
EliteDealHunterJan 26, 2023 12:48 AM
399 Posts
Quote from foxblur :
I have a MYLR VIN assigned for pickup in 2 weeks and I just learned that Teslas don't have:

Blind spot warning & intervention - Generally does not work
Rear pedestrian intervention - No
Rear cross traffic - No

Coming from a Honda Pilot I need these features. I might cancel my order. All this tesla hype yet so far behind. I'll wait to see what my insurance quote is. I did test drive a 2022 MYP but didn't test this stuff. I assumed it did the basic stuff
It is a bit odd that Tesla doesn't have these things. Rear cross traffic alert is a simple setup with the rear camera that all cars have. BSM does require the special sensors for the traditional implementation but it seems like Tesla could figure it out using the side repeater cameras. I do like the side camera views when changing lanes, but that only turns on once you've turned on the turn signal, not quite as good as the light that many cars have on the mirrors to constantly show the blind spot status.
Jan 26, 2023 12:48 AM
1,567 Posts
Joined Mar 2008
rkingjJan 26, 2023 12:48 AM
1,567 Posts
Upon some rumors, these features will be included after autopilot, Tesla Vision and software upgrade.
Quote from foxblur :
I have a MYLR VIN assigned for pickup in 2 weeks and I just learned that Teslas don't have:

Blind spot warning & intervention - Generally does not work
Rear pedestrian intervention - No
Rear cross traffic - No

Coming from a Honda Pilot I need these features. I might cancel my order. All this tesla hype yet so far behind. I'll wait to see what my insurance quote is. I did test drive a 2022 MYP but didn't test this stuff. I assumed it did the basic stuff
Jan 26, 2023 12:53 AM
29 Posts
Joined Aug 2013
ERinDFWJan 26, 2023 12:53 AM
29 Posts
Quote from WiseOctopus1522 :
Lets take a step back and think what "Until 5pm" mean. Does that mean 4:59pm, 5pm, 5:30pm some random time between 5pm and 6pm or 5:59pm? I am using this as a reference and will act conservative untill the people who are supposed to give clear direction(IRS) gives it. Why it is on Tesla?
You are not wrong but not correct either.

Let's use a better example.
5pm is exact while Monday is not.
If someone says Until Monday, are they saying 11:59 Sunday night? or 00:01 Monday morning? Or Monday 23:59pm?

If someone says that you have "until" Monday to do something, I may be totally off but I would not think it means 23:59pm Sunday. What ya think?

I do not blame Tesla for this. They are using the system that is there and it is up to the consumer to do their due diligence. What I've learned in life is that yes, you can make a few more bucks by not being entirely clear, but the headache that comes afterward trying to put out the fires sometimes is not worth it.

I apologize if I come off as argumentative and my small view has no merit.
Jan 26, 2023 12:59 AM
1,015 Posts
Joined Mar 2019
CycloneFWJan 26, 2023 12:59 AM
1,015 Posts
Quote from ERinDFW :
You are not wrong but not correct either.

Let's use a better example.
5pm is exact while Monday is not.
If someone says Until Monday, are they saying 11:59 Sunday night? or 00:01 Monday morning? Or Monday 23:59pm?

If someone says that you have "until" Monday to do something, I may be totally off but I would not think it means 23:59pm Sunday. What ya think?

I do not blame Tesla for this. They are using the system that is there and it is up to the consumer to do their due diligence. What I've learned in life is that yes, you can make a few more bucks by not being entirely clear, but the headache that comes afterward trying to put out the fires sometimes is not worth it.

I apologize if I come off as argumentative and my small view has no merit.
While I agree with your example, I will say that to me "until Monday" would indeed mean 23:59 pm Sunday if I don't have a defined start of business time already. To me, "until" is not inclusive, but it easily can be used as such, so the lack of clarity continues.
Jan 26, 2023 01:01 AM
60 Posts
Joined Oct 2018
WiseOctopus1522Jan 26, 2023 01:01 AM
60 Posts
Quote from ERinDFW :
You are not wrong but not correct either.

Let's use a better example.
5pm is exact while Monday is not.
If someone says Until Monday, are they saying 11:59 Sunday night? or 00:01 Monday morning? Or Monday 23:59pm?

If someone says that you have "until" Monday to do something, I may be totally off but I would not think it means 23:59pm Sunday. What ya think?

I do not blame Tesla for this. They are using the system that is there and it is up to the consumer to do their due diligence. What I've learned in life is that yes, you can make a few more bucks by not being entirely clear, but the headache that comes afterward trying to put out the fires sometimes is not worth it.

I apologize if I come off as argumentative and my small view has no merit.
Not at all, in fact English is not my first language and I was just saying what logic i use. Normally if I say untill Monday it is Sunday 23:59. If any part of Monday is included, i use specific qualifiers like noon, EOB or EOD.
Jan 26, 2023 01:02 AM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 01:02 AM
730 Posts
Quote from rkingj :
Upon some rumors, these features will be included after autopilot, Tesla Vision and software upgrade.
I'd rather have them than autopilot. Hope CT has them vs vaporware, if not, will likely pass on that on as well.

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Jan 26, 2023 01:10 AM
561 Posts
Joined Dec 2012
JayC3270Jan 26, 2023 01:10 AM
561 Posts
Quote from dealzcracker :
Can someone explain the process for loan from tower cu? Do I need to make a donation first?
I donated, applied, waiting 7+days but no response. Sent several messages but still no resp. I had to tak adelfi cu. 3.85% for 60mo

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