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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 2,617,541 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 26, 2023 02:10 AM
3,109 Posts
Joined Jul 2011
euuser1398928Jan 26, 2023 02:10 AM
3,109 Posts
Quote from o2cats :
U.S. Senate Energy and Natural Resources Committee chair Joe Manchin on Wednesday introduced legislation that would immediately impose battery sourcing requirements on electric vehicles to qualify for $7,500 tax credits.

The U.S. Treasury in December said it would not issue proposed guidance on battery sourcing rules until March, giving some electric vehicles not meeting new requirements a brief window of eligibility in 2023 before the battery rules take effect. Manchin's legislation would make all of the battery requirements for tax credits retroactive to Jan. 1.

https://www.reuters.com/business/autos-transportation/us-senator-seeks-bar-evs-tax-credits-not-meeti... [reuters.com]
This is such a cluster f. It makes me not want to take delivery in two weeks. I hope some Tesla lobbyist donates to his pact, I mean bribes him.
Jan 26, 2023 02:19 AM
526 Posts
Joined Mar 2019
ggaproprosJan 26, 2023 02:19 AM
526 Posts
Quote from mattymsu25 :
Bahahahahahahah
This is NOT in reference to anyone.. but please note for those who havent passed 8th grade social studies this wont mean anything to you:

Sinema would have to vote for it for it to pass, and then Biden would have to sign it on top of that
Jan 26, 2023 02:27 AM
4,331 Posts
Joined Feb 2010
turns2stoneJan 26, 2023 02:27 AM
4,331 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
Quote from EliteDealHunter :
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.
Teslas had this feature until models manufactured from a few months ago. The hardware sensors were removed, and will be replaced with camera-based technology via a software update.

https://www.tesla.com/support/tra...sla-vision
Jan 26, 2023 02:28 AM
1,433 Posts
Joined Oct 2017
techie_reviewJan 26, 2023 02:28 AM
1,433 Posts
Quote from mattymsu25 :
Bahahahahahahah
all rumors till it gets passed, regardless we EV enthusiast are the ones laughing in the end
1
Jan 26, 2023 02:34 AM
37 Posts
Joined Aug 2010
Kripton99Jan 26, 2023 02:34 AM
37 Posts
Quote from Zizo123 :
Which option do you choose to join Tower? I plan on donating $35 to join and I don't see that under the 3 options they listed
Select Member of Association and then select TowerCares Foundation
Jan 26, 2023 02:35 AM
304 Posts
Joined Dec 2016
anhdongtxJan 26, 2023 02:35 AM
304 Posts
Quote from flightxxx :
what if i buy a used tesla from private party ? is there still sales tax ?
Is it your first time buying a car?
Jan 26, 2023 02:37 AM
82 Posts
Joined Nov 2019
Zizo123Jan 26, 2023 02:37 AM
82 Posts
Quote from Kripton99 :
Select Member of Association and then select TowerCares Foundation
Thanks a million Smilie

Do you recommend applying for a Tower loan now if I don't have a VIN yet?
My Tesla order date is 1/21.
Last edited by Zizo123 January 25, 2023 at 07:40 PM.

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Jan 26, 2023 03:02 AM
1,595 Posts
Joined Nov 2006
sidewinder33625Jan 26, 2023 03:02 AM
1,595 Posts
Quote from ggapropros :
This is NOT in reference to anyone.. but please note for those who havent passed 8th grade social studies this wont mean anything to you:

Sinema would have to vote for it for it to pass, and then Biden would have to sign it on top of that
smells like a political stunt
Jan 26, 2023 03:08 AM
509 Posts
Joined May 2018
vndragonslayerJan 26, 2023 03:08 AM
509 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.
well my ev cost less than scalped camry.. gets better mileage and i dont pay for gas either.. Smilie enjoy your fossil auto
1
Jan 26, 2023 03:09 AM
509 Posts
Joined May 2018
vndragonslayerJan 26, 2023 03:09 AM
509 Posts
Quote from patrickbateman1 :
Income limits kills the deal. $300k in NY ain't what it used to be.
i think 300k income folks are fine.. 7500 is just drop in bucket for them..
1
Jan 26, 2023 03:11 AM
10 Posts
Joined Dec 2013
ZipShootJan 26, 2023 03:11 AM
10 Posts
ordered on 1/19 and today updated with delivery from March 9 - March 31....... Am I doomed for the 7500$ rebate?
Jan 26, 2023 03:11 AM
178 Posts
Joined Jan 2009
mag48Jan 26, 2023 03:11 AM
178 Posts
Quote from ZipShoot :
ordered on 1/19 and today updated with delivery from March 9 - March 31....... Am I doomed for the 7500$ rebate?
Let me ask Miss Cleo. 😅
Jan 26, 2023 03:14 AM
521 Posts
Joined Dec 2008
slayuJan 26, 2023 03:14 AM
521 Posts
Quote from vndragonslayer :
i think 300k income folks are fine.. 7500 is just drop in bucket for them..
Not when you've over a million in mortgage!
Jan 26, 2023 03:28 AM
509 Posts
Joined May 2018
vndragonslayerJan 26, 2023 03:28 AM
509 Posts
Quote from slayu :
Not when you've over a million in mortgage!
thats a poor personal life choice.. not the gov's
1

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Jan 26, 2023 03:28 AM
37 Posts
Joined Aug 2010
Kripton99Jan 26, 2023 03:28 AM
37 Posts
Quote from Zizo123 :
Thanks a million Smilie

Do you recommend applying for a Tower loan now if I don't have a VIN yet?
My Tesla order date is 1/21.
Given many people are complaining about the slow processing of TFCU, you might want to apply for the loan asap. I did apply today morning, mine also has no VIN yet and my order date is 1/20

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