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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 03:50 PM
480 Posts
Joined Jul 2013
likzslickJan 26, 2023 03:50 PM
480 Posts
Quote from VishalV9046 :
Hi, is there an extra ev state rebate for Texas?
Nope not for Tesla's
Jan 26, 2023 03:50 PM
61 Posts
Joined May 2013
VishalV9046Jan 26, 2023 03:50 PM
61 Posts
For my TMY delivery, the loan payment was made by the bank to Tesla. When should make the remaining payment (down payment). Should I pay now or it's better to check the vehicle in the delivery day and then pay the balance?
Jan 26, 2023 03:51 PM
64 Posts
Joined Jan 2021
DealBozJan 26, 2023 03:51 PM
64 Posts
Quote from hungvoivan :
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?
The long range is still $53490
Pro
Jan 26, 2023 03:52 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 26, 2023 03:52 PM
396 Posts
Quote from TheKingofDeals :
Come stock got to the moon! laugh out loud
Did you get your accounts processed checking/savings with TFCU ?
Jan 26, 2023 03:56 PM
61 Posts
Joined May 2013
VishalV9046Jan 26, 2023 03:56 PM
61 Posts
Quote from likzslick :
Nope not for Tesla's
Ok thanks
Jan 26, 2023 04:00 PM
586 Posts
Joined Jan 2007
dtwizzyJan 26, 2023 04:00 PM
586 Posts
Any update on Tesla being added back to the cvrp website for rebate?
Jan 26, 2023 04:00 PM
1,286 Posts
Joined Jan 2008
mankuJan 26, 2023 04:00 PM
1,286 Posts
Quote from norcal007 :
Gas burner cost less to drive than a EV. So much for that I'm saving money claim. https://www.yahoo.com/autos/drivi...00887.html [yahoo.com]
I live in LA...let's assume I pay $4.09/gallon, which is the cheapest in town (not including Ralphs/Shell etc...)...most people will pay close to $4.40+ because they're not driving around or using the GasBuddy app.

I drove to SB and, using the Plugshare app, was able to find DC chargers for .15/kwh...cost about $4 to put 100 miles on my car.

My ICE vehicle, a Forester, gets excellent highway mileage...about 35/mpg.

Thats around $12 for the same distance.

Last time I checked, $4 was a lot less than $12 on a percentage basis.

Even at home, with Tier 2 LADWP rates at .25/kwh, it's substantially less.

Factor in the occasional free charge at hotels with chargers (overnight stay of course), free chargers at various spots throughout the city and it isn't really a contest.

1

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Jan 26, 2023 04:05 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 26, 2023 04:05 PM
3,419 Posts
Quote from CycloneFW :
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.
Thanks for the detailed reply. I located the docs on Tesla website and upload them to Tower.
When I click on documents next to my Vehicle Loan Application it shows "
No Available Documents for Vehicle Loan Application #" I am guessing they have not uploaded the POA yet?

I sent Tower a message that the doc was missing
Last edited by TheKingofDeals January 26, 2023 at 09:39 AM.
Jan 26, 2023 04:09 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 26, 2023 04:09 PM
3,419 Posts
Quote from MaroonCircle6262 :
Did you get your accounts processed checking/savings with TFCU ?
Nope still shows pending of course Tower dragging their feet on membership, The donation has been paid LMAO
Jan 26, 2023 04:09 PM
1,015 Posts
Joined Mar 2019
CycloneFWJan 26, 2023 04:09 PM
1,015 Posts
Quote from TheKingofDeals :
Thanks for the detailed reply. I located the docs on Tesla website and upload them to Tower.
When I click on documents next to my Vehicle Loan Application it shows "
No Available Documents for Vehicle Loan Application #" I am guessing they have not uploaded the POA yet?
Oh. Mine has it right there. Others have said they have it available on the Tower website and can be downloaded, but of course you will need to fill out more details. Mine has my loan officer's info, year/make/model, etc. filled in, but nothing you couldn't answer yourself if you know who your loan officer is.
Pro
Jan 26, 2023 04:23 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 26, 2023 04:23 PM
396 Posts
Quote from CycloneFW :
Oh. Mine has it right there. Others have said they have it available on the Tower website and can be downloaded, but of course you will need to fill out more details. Mine has my loan officer's info, year/make/model, etc. filled in, but nothing you couldn't answer yourself if you know who your loan officer is.
Did they approve your checking/savings accounts and are they opened or able to login ?
Jan 26, 2023 04:26 PM
1,328 Posts
Joined Nov 2005
lazybummmJan 26, 2023 04:26 PM
1,328 Posts
Quote from manku :
I live in LA...let's assume I pay $4.09/gallon, which is the cheapest in town (not including Ralphs/Shell etc...)...most people will pay close to $4.40+ because they're not driving around or using the GasBuddy app.

I drove to SB and, using the Plugshare app, was able to find DC chargers for .15/kwh...cost about $4 to put 100 miles on my car.

My ICE vehicle, a Forester, gets excellent highway mileage...about 35/mpg.

Thats around $12 for the same distance.

Last time I checked, $4 was a lot less than $12 on a percentage basis.

Even at home, with Tier 2 LADWP rates at .25/kwh, it's substantially less.

Factor in the occasional free charge at hotels with chargers (overnight stay of course), free chargers at various spots throughout the city and it isn't really a contest.
I am on SCE tou-d prime in socal, the lowest is still 25cents/kwh, cheaper to charge elsewhere lol
Jan 26, 2023 04:44 PM
1,015 Posts
Joined Mar 2019
CycloneFWJan 26, 2023 04:44 PM
1,015 Posts
Quote from MaroonCircle6262 :
Did they approve your checking/savings accounts and are they opened or able to login ?
Not yet. I had my Chex Systems record locked and since I couldn't find my PIN, I'm waiting on getting a new one in the mail before I can reach back to Tower and have them finish my membership application. I see no reason why it wouldn't be approved though.
Jan 26, 2023 04:55 PM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 04:55 PM
730 Posts
Quote from Knightshade :
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.
I think that nannying is to help people from getting killed. Might be important.

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Pro
Jan 26, 2023 04:58 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 26, 2023 04:58 PM
396 Posts
Quote from TheKingofDeals :
Nope still shows pending of course Tower dragging their feet on membership, The donation has been paid LMAO
Oh ok.. Thanks Bud.. They dragging their feet for me in loan too man i have pick up in first week of feb😞
Left me with refinance option only
Same with gold coast and you cant apply for loan without account there stuck with tesla finance for a month which is through wells
1

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