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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 2,618,966 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 02:02 PM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 02:02 PM
730 Posts
Tesla's Autopilot, which at its core combines lane keeping assist with traffic aware cruise control to help guide a car down a highway, was once groundbreaking technology.

But today more than half of new vehicles are available with similar advanced driver assistance systems, or ADAS. And in a recent ranking by Consumer Reports, which tested ADAS from 12 different carmakers, Tesla's ranked seventh.

The best such system, according to Consumer Reports, is Ford's BlueCruise.

In addition to Ford's system, ADAS technology from General Motors, Mercedes-Benz, BMW, Toyota, and Volkswagen all ranked higher than Tesla's.

These include systems offered by luxury brands like GM's Cadillac, Toyota's Lexus and VW's Audi. The system offered by Hyundai, Kia and Genesis, three closely related South Korean car brands, received the lowest score in Consumer Reports' testing.

https://www.cnn.com/2023/01/25/bu...index.html


Haters gonna hate.
2
Jan 26, 2023 02:03 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 26, 2023 02:03 PM
3,419 Posts
Quote from IndiaPaleAle :
Big open today for Tesla, who didn't see this coming... Roll Eyes (Sarcastic)
Come stock got to the moon! laugh out loud
Jan 26, 2023 02:05 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 26, 2023 02:05 PM
3,419 Posts
Quote from mattymsu25 :
Weeks to process an auto loan? Now 'that' sounds like a financial institution I can rely on!
When they are giving rates lower than most savings accounts and then being a smaller CU on top of being bombarded by SD Telsa buyers what did you expect ?
Pro
Jan 26, 2023 02:10 PM
8,726 Posts
Joined May 2007
diavolo33
Pro
Jan 26, 2023 02:10 PM
8,726 Posts
For anyone interested:

Tesla Warns of Uncertainties as It Posts Record Profit

https://www.wsj.com/articles/tesl...1674617368
Jan 26, 2023 02:15 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 26, 2023 02:15 PM
3,419 Posts
I spoke to soon on Towers delays. Looks like my Tower loan got preapproved. Does anyone know where I get these documents?

In order to finalize your approval, please provide the following:

Purchased order, including VIN.
and
Original Notarized Specific Power of Attorney signed by all proposed title holders.
Jan 26, 2023 02:28 PM
162 Posts
Joined Jan 2008
8803809Jan 26, 2023 02:28 PM
162 Posts
Quote from TheKingofDeals :
I spoke to soon on Towers delays. Looks like my Tower loan got preapproved. Does anyone know where I get these documents?

In order to finalize your approval, please provide the following:

Purchased order, including VIN.
and
Original Notarized Specific Power of Attorney signed by all proposed title holders.
Go to your favorite bank and they can notarize anything you want.Applause
Pro
Jan 26, 2023 02:40 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 26, 2023 02:40 PM
396 Posts
Quote from TheKingofDeals :
It may say complete but they will likely ask you to submit insurance proof again showing you added the car to your insurance policy. See the 2nd Line says Must include " VIN of Your New Tesla" I'll just take a picture of my current one like you said just to get the box check though thanks!
I use geico buddy i can add anytime from my app.. if they need ins at time of delivery but if app says complete i dont think sales will ask since it will be on app.. I am holding to add in ins because i want to check the quality and checklist before putting it and then cancelling so..

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Pro
Jan 26, 2023 02:42 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 26, 2023 02:42 PM
396 Posts
Quote from TheKingofDeals :
I spoke to soon on Towers delays. Looks like my Tower loan got preapproved. Does anyone know where I get these documents?

In order to finalize your approval, please provide the following:

Purchased order, including VIN.
and
Original Notarized Specific Power of Attorney signed by all proposed title holders.
You get power of attroney once you pick up and start driving car if you need from dealer ..Rofl
Last edited by MaroonCircle6262 January 26, 2023 at 07:45 AM.
Jan 26, 2023 03:06 PM
1,015 Posts
Joined Mar 2019
CycloneFWJan 26, 2023 03:06 PM
1,015 Posts
Quote from TheKingofDeals :
I spoke to soon on Towers delays. Looks like my Tower loan got preapproved. Does anyone know where I get these documents?

In order to finalize your approval, please provide the following:

Purchased order, including VIN.
and
Original Notarized Specific Power of Attorney signed by all proposed title holders.
You get the Motor Vehicle Purchase Agreement (MVPA) from the Tesla website (not app) after you've been assigned a ViN. The PoA is available in the docs section of Tower's Loan Status page and you will need to print it out, add any missing details, sign, notarize, and mail it to Tower.
Jan 26, 2023 03:17 PM
1,433 Posts
Joined Oct 2017
techie_reviewJan 26, 2023 03:17 PM
1,433 Posts
Quote from 8803809 :
think positive, at least you get half of the 7500 credit.
How do you know though ? ....
1
Jan 26, 2023 03:34 PM
162 Posts
Joined Jan 2008
8803809Jan 26, 2023 03:34 PM
162 Posts
Quote from techie_review :
How do you know though ? ....
it's on the IRS website, q1 7500, q2 &q3 3750...
Jan 26, 2023 03:35 PM
1,433 Posts
Joined Oct 2017
techie_reviewJan 26, 2023 03:35 PM
1,433 Posts
Quote from 8803809 :
it's on the IRS website, q1 7500, q2 &q3 3750...
ohhh gotcha but the dates are unconfirmed so lets see i will most likely cancel if i dont get delivery before march or before they change the requirements
Jan 26, 2023 03:41 PM
15,359 Posts
Joined Sep 2009
KnightshadeJan 26, 2023 03:41 PM
15,359 Posts
Quote from JellyBellyMD :
Tesla's Autopilot, which at its core combines lane keeping assist with traffic aware cruise control to help guide a car down a highway, was once groundbreaking technology.

But today more than half of new vehicles are available with similar advanced driver assistance systems, or ADAS. And in a recent ranking by Consumer Reports, which tested ADAS from 12 different carmakers, Tesla's ranked seventh.

Mind you- it ranked 9 points out of 10 in actual functionality.

It got dinged in overall ranking because it wasn't doing enough nannying of the driver.

CR even made a point of painting the fact Teslas system works in far more places as a negative because the dumb driver might turn it on in the wrong place--- while much more babying systems like Fords just won't activate anywhere except specific highways.
Jan 26, 2023 03:48 PM
18 Posts
Joined Feb 2015
hungvoivanJan 26, 2023 03:48 PM
18 Posts
Hi All. I see lowest price for model Y is $56,490. Looks like Tesla increase their prices and no longer eligible for $7500 tax credit?

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Jan 26, 2023 03:49 PM
61 Posts
Joined May 2013
VishalV9046Jan 26, 2023 03:49 PM
61 Posts
Hi, is there an extra ev state rebate for Texas?

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