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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 2,617,650 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 10:37 PM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 10:37 PM
730 Posts
Quote from madmoney1 :
I heard a Tesla stock analyst on CNBC today and he mentioned March 1st as the cutoff date for the $7500 credit. I might have to cancel my order if my car is not ready by then. The tax credit was the only reason I decided to get in on the deal
I've heard stock analysts say many incorrect things. What makes him an authoritative source?
1
Jan 26, 2023 10:38 PM
509 Posts
Joined May 2018
vndragonslayerJan 26, 2023 10:38 PM
509 Posts
Quote from foxblur :
2019 Honda pilot. $500ded, comprehensive and collision 100k/300k from progressive is $254/6mo. New progressive quote replacing Honda for MYLR is $715/6mo. My agent is running this now across many insurance companies in case progressive is one of those anti Tesla insurance companies. The downside is I save 10% having auto as a multi discount plan with my homeowners.
your 2019 honda pilot is worth a fraction of what a 2023 tesla 3/y cost.. elephant in the room is that your car doesnt cost as much to repair/replace as a new tesla ev.

go run a quote on a 2023 honda honda elite and see how much your insurance goes up by..
1
Jan 26, 2023 10:41 PM
480 Posts
Joined Jul 2013
likzslickJan 26, 2023 10:41 PM
480 Posts
Ordered a MYLR on 1/19 via the website. No updates till now so called Tesla.

They mentioned I didn't have an address on my account/profile so that could be why I didn't get any update. Just FYI for people to complete their profile.
Jan 26, 2023 10:42 PM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 10:42 PM
730 Posts
Quote from vndragonslayer :
we get it that you're an ice shill and hate that tesla cars are getting a fp sd post.. i get it that your beloved japanese fossil fuel automaker are missing out on 7500 tax credit for making boring gas guzzling cars.. we get it.. but no need to thread crap.. go make your own non tesla sd post about efficient gas guzzling cars
Again, you don't understand the concept of platforms that a manufacturer can utilize in both EV and ICE vehicles. Tesla's ADAS was ranked 7th. EV or ICE is irrelevant.
Last edited by JellyBellyMD January 26, 2023 at 03:45 PM.
2
Jan 26, 2023 10:48 PM
3,056 Posts
Joined Apr 2010
madmoney1Jan 26, 2023 10:48 PM
3,056 Posts
Quote from JellyBellyMD :
I've heard stock analysts say many incorrect things. What makes him an authoritative source?
All I heard was he mentioned something about IRA and March 1st. I don't know if he's correct but as a stock analyst covering Tesla he probably know more than we do. I hope he's wrong otherwise I have some tough decisions to make
Jan 26, 2023 10:50 PM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 10:50 PM
730 Posts
And this comment is about informing those potential buyers about the average rating of ADAS they are about to purchase. Most relevant but hard for some to swallow.
2
Jan 26, 2023 10:51 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 26, 2023 10:51 PM
3,419 Posts
Quote from waterfront :
Download the form it's on tower website and fill it and notarize it. Purchase orde , VIN you have to wait for Tesla to assign one. Once assigned , take screenshot and upload everything . Pretty basic stuff,
Thanks your replying to old post I found the purchase order and uploaded it.

I posted this in regards to the power of attorney.
I located Power of Attorney doc at tower: https://www.towerfcu.org/wp-conte...torney.pdf

Since it was not located in my Docs prepopulated with data. Looks like I can fill in the make, model vin etc.
I assume the field labeled "account no:" is the Vehicle Loan Application #?

Can someone with pre-poulated Power Attorney from Tower confirm? I am going to go get it notarized tomorrow.

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Pro
Jan 26, 2023 10:54 PM
1,762 Posts
Joined Feb 2006
rubiks
Pro
Jan 26, 2023 10:54 PM
1,762 Posts
Quote from TheKingofDeals :
Thanks your replying to old post I found the purchase order and uploaded it.

I posted this in regards to the power of attorney.
I located Power of Attorney doc at tower: https://www.towerfcu.org/wp-conte...torney.pdf

Since it was not located in my Docs prepopulated with data. Looks like I can fill in the make, model vin etc.
I assume the field labeled "account no:" is the Vehicle Loan Application #?

Can someone with pre-poulated Power Attorney from Tower confirm? I am going to go get it notarized tomorrow.
My loan is approved and check dispersed.

i used reservation number and date from purchase agreement.
Jan 26, 2023 10:56 PM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 10:56 PM
730 Posts
Quote from madmoney1 :
All I heard was he mentioned something about IRA and March 1st. I don't know if he's correct but as a stock analyst covering Tesla he probably know more than we do. I hope he's wrong otherwise I have some tough decisions to make
About 99.999999999999% of this thread is not useful, but I believe if what he said was factual it would/will be confirmed here.
2
Pro
Jan 26, 2023 10:57 PM
1,762 Posts
Joined Feb 2006
rubiks
Pro
Jan 26, 2023 10:57 PM
1,762 Posts
anyone who picked up their Model Y, does it come with J1772 adapter ?

not mobile charger, just the adapter
Jan 26, 2023 11:02 PM
509 Posts
Joined May 2018
vndragonslayerJan 26, 2023 11:02 PM
509 Posts
Quote from JellyBellyMD :
And this comment is about informing those potential buyers about the average rating of ADAS they are about to purchase. Most relevant but hard for some to swallow.
u forgot to inform ice buyers of the stealership headaches and 6-10k mark up on gas guzzlers
Jan 26, 2023 11:04 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 26, 2023 11:04 PM
3,419 Posts
Quote from rubiks :
My loan is approved and check dispersed.

i used reservation number and date from purchase agreement.
Ahhhh! Ok so the "Account no" is the reservation number from Tesla and not my loan # on Tower?
Wish they would have worded it correctly, confused me. Thanks for the feedback!
Jan 26, 2023 11:06 PM
4,025 Posts
Joined Mar 2006
skinnywallet42Jan 26, 2023 11:06 PM
4,025 Posts
Quote from rubiks :
anyone who picked up their Model Y, does it come with J1772 adapter ?

not mobile charger, just the adapter
I haven't, but it should. If it doesn't, Tesla showroom will give you one. If you go to the J1172 adapter page on the Tesla accessories store, it clearly states that all new Tesla vehicles come with it (https://shop.tesla.com/product/sa...ng-adapter).

You can only use this with public L2 chargers. Or your home L2 charger like Juicebox. You'll want the $250 CCS charger adapter (https://shop.tesla.com/product/cc...r?web=true) if you want to charge at EVgo and other CCS fast chargers.
Pro
Jan 26, 2023 11:17 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 26, 2023 11:17 PM
396 Posts
Quote from rubiks :
My loan is approved and check dispersed.

i used reservation number and date from purchase agreement.
Whats the timeline or days taken to get check after all documents sent ?

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Jan 26, 2023 11:35 PM
106 Posts
Joined Jan 2009
eXeneJan 26, 2023 11:35 PM
106 Posts
Quote from rubiks :
My loan is approved and check dispersed.

i used reservation number and date from purchase agreement.
What was your final interest rate?

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