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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 2,618,078 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 11:50 PM
730 Posts
Joined Dec 2014
JellyBellyMDJan 26, 2023 11:50 PM
730 Posts
How do they plan on selling their demo units that are above $55K? I see one currently listed for $55,060?
1
Jan 26, 2023 11:58 PM
38 Posts
Joined Jul 2007
frutipsJan 26, 2023 11:58 PM
38 Posts
Quote from rubiks :
anyone who picked up their Model Y, does it come with J1772 adapter ?

not mobile charger, just the adapter
Yes it does - confirmed by my socal delivery last week from Austin.
Jan 27, 2023 12:02 AM
475 Posts
Joined Sep 2013
jakuzhiJan 27, 2023 12:02 AM
475 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.
Why is it so expensive?? For two drivers (one with a speeding tickets from 4 years ago), through Costco came out to $104/mo.
Jan 27, 2023 12:17 AM
622 Posts
Joined Jan 2005
xtacJan 27, 2023 12:17 AM
622 Posts
My biggest issue is you can't use enhanced autopilot properly, summon and autopark no longer work and people have been waiting till October for an update - if it ever comes cause tesla actually removed the sensors on new builds. Even if you don't want to use those features the sensors help with objects/distance.
Pro
Jan 27, 2023 12:20 AM
5,998 Posts
Joined Nov 2012
George_P_Burdell
Pro
Jan 27, 2023 12:20 AM
5,998 Posts
Quote from jakuzhi :
Why is it so expensive?? For two drivers (one with a speeding tickets from 4 years ago), through Costco came out to $104/mo.
When a Tesla goes into accident, it's mostly needing a replacement. The battery and electrical ain't cheap and ONLY TESLA can fix this. They're so blacked up that your insurance company would need to cover you rental car coverage for months or several at a time.

Service is so bad when you want it to be fixed is my understanding.
Jan 27, 2023 12:23 AM
475 Posts
Joined Sep 2013
jakuzhiJan 27, 2023 12:23 AM
475 Posts
Quote from George_P_Burdell :
When a Tesla goes into accident, it's mostly needing a replacement. The battery and electrical ain't cheap and ONLY TESLA can fix this. They're so blacked up that your insurance company would need to cover you rental car coverage for months or several at a time.

Service is so bad when you want it to be fixed is my understanding.
When I put in a quote with Tesla I ended up getting $115 for the same specs. Not saying you did anything wrong, just curious why there is such a large discrepancy.
Jan 27, 2023 12:41 AM
475 Posts
Joined Sep 2013
jakuzhiJan 27, 2023 12:41 AM
475 Posts
Quote from jakuzhi :
When I put in a quote with Tesla I ended up getting $115 for the same specs. Not saying you did anything wrong, just curious why there is such a large discrepancy.
I actually just noticed they wrote "/6mo" instead of "/mo". After that change it's much closer to the realm of normal!

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Jan 27, 2023 12:54 AM
363 Posts
Joined Mar 2011
BeechosJan 27, 2023 12:54 AM
363 Posts
Anyone get their date pushed back? I was sched feb-mar now apr-may.
Jan 27, 2023 12:56 AM
61 Posts
Joined May 2013
VishalV9046Jan 27, 2023 12:56 AM
61 Posts
I file my taxes jointly with my spouse. If the model y title has just my name, will we still get the credit of $7500?
Jan 27, 2023 12:56 AM
64 Posts
Joined Jan 2021
DealBozJan 27, 2023 12:56 AM
64 Posts
Quote from Beechos :
Anyone get their date pushed back? I was sched feb-mar now apr-may.
What's ur order date and model specs and region ?
Jan 27, 2023 12:58 AM
2 Posts
Joined Jul 2018
AlanG5408Jan 27, 2023 12:58 AM
2 Posts
Desperately looking for a MYLR 5 seater reservation basic in Los Angeles with a delivery date in Feb. Willing to pay over the deposit fee. Please message.
Pro
Jan 27, 2023 12:58 AM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 27, 2023 12:58 AM
396 Posts
Quote from TheKingofDeals :
I had one specifically labeled" Motor Vehicle Purchase Agreement"
I believe that is what Tower is asking for with "Purchased order, including VIN.
I uploaded both MVPA and Motor Vehicle Order Agreement to Tower.
It wasnt showing me because i had selected and applied for tesla finance in app.. They said me to remove that and go with own financing then it showed up MVPA and 2 other documents.. Lamo Love Tesla
Jan 27, 2023 01:04 AM
976 Posts
Joined May 2009
protoxJan 27, 2023 01:04 AM
976 Posts
Just managed to snag a Y 7 seater but it wasn't my ideal color or interior. Had to get a new car asap since my Q7 was just totaled. Icing was the tax credit.

Why do all the 7 seater that come into inventory have the white interior? I'd think the people that buy the 7 seater tend to have kids.
Jan 27, 2023 01:14 AM
2,522 Posts
Joined Aug 2007
sleekwalletJan 27, 2023 01:14 AM
2,522 Posts
Quote from VishalV9046 :
I file my taxes jointly with my spouse. If the model y title has just my name, will we still get the credit of $7500?
yes, no problem

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Jan 27, 2023 01:19 AM
68 Posts
Joined Sep 2010
blackduck08Jan 27, 2023 01:19 AM
68 Posts
What's up with Tower? I'm still confused why we have to send a specific power of attorney to get the loan with Tower. Other lenders don't do that. Anyone else concerned that power of attorney is needed for the auto loan?

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