Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
expiredMurraytheDemonSkull posted Jan 13, 2023 4:18 AM

2023 Tesla Model Y + $7,500 Federal Tax Credit

$52,990

$52,990

(For Qualifying Buyers)
2.7M Views
Visit Retailer
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

Community Voting

Deal Score
+839
Good Deal
Visit Retailer

Top Comments

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

12.3K Comments

Sign up for a Slickdeals account to remove this ad.

Jan 27, 2023 1:31 AM
1.1K Comments
Joined Sep 2009
pwrdbykimchiJan 27, 2023 1:31 AM
1.1K Comments
Quote from Beechos :
Anyone get their date pushed back? I was sched feb-mar now apr-may.

Mine was pushed back to February 14-March 21 from February 4-March 4. MYLR5, Blue; Los Angeles. Ordered on 1/14 at 9:00 PM PST.
Last edited by pwrdbykimchi January 29, 2023 at 07:48 PM.
Jan 27, 2023 1:36 AM
1.4K Comments
Joined Oct 2017
techie_reviewJan 27, 2023 1:36 AM
1.4K Comments
Quote from likzslick :
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.
what is tesla's number
Jan 27, 2023 1:41 AM
3.1K Comments
Joined Jul 2011
euuser1398928Jan 27, 2023 1:41 AM
3.1K Comments
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.
Thanks. I'll be looking into Costco tomorrow.
Jan 27, 2023 1:43 AM
3.1K Comments
Joined Jul 2011
euuser1398928Jan 27, 2023 1:43 AM
3.1K Comments
Quote from blackduck08 :
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?
Lol what. You have to grant them PoA? Sometimes when you sell a vehicle you have to give them signatory privileges for when your title comes in but not PoA.
Jan 27, 2023 1:43 AM
26 Comments
Joined Dec 2013
gemini1234Jan 27, 2023 1:43 AM
26 Comments
If I buy and then sell in few months in 2023, can I still claim or keep tax credit of $7500? How long I need to keep the car to have the tax credit?
Jan 27, 2023 1:45 AM
3.1K Comments
Joined Jul 2011
euuser1398928Jan 27, 2023 1:45 AM
3.1K Comments
Quote from techie_review :
what is tesla's number
1-800-buy-tesla
Jan 27, 2023 1:45 AM
3.1K Comments
Joined Jul 2011
euuser1398928Jan 27, 2023 1:45 AM
3.1K Comments
Quote from gemini1234 :
If I buy and then sell in few months in 2023, can I still claim or keep tax credit of $7500? How long I need to keep the car to have the tax credit?

Sign up for a Slickdeals account to remove this ad.

Jan 27, 2023 1:46 AM
1.4K Comments
Joined Oct 2017
techie_reviewJan 27, 2023 1:46 AM
1.4K Comments
Quote from protox :
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.
Looking at all the threads and comments, its most likely a MAYBE for the tax credit if you dont pick it up by March !!! ... march 1 or 31st who knows ?
Jan 27, 2023 1:46 AM
1.4K Comments
Joined Oct 2017
techie_reviewJan 27, 2023 1:46 AM
1.4K Comments
Quote from foxblur :
1-800-buy-tesla
Thanks Roll Eyes (Sarcastic) *Insert middle finger*
Jan 27, 2023 1:54 AM
405 Comments
Joined May 2018
MaroonCircle6262Jan 27, 2023 1:54 AM
405 Comments
Anyone know how many days Tower takes after documents for approval are submitted ?
🤔
Jan 27, 2023 1:56 AM
84 Comments
Joined Aug 2011
JcyjoyJan 27, 2023 1:56 AM
84 Comments
I want to know too…
Jan 27, 2023 1:56 AM
187 Comments
Joined Dec 2013
JohnJ5627Jan 27, 2023 1:56 AM
187 Comments
I read thru some of these posts here found funny as heck. Well picking mine up next Wednesday ( ordered day after reduced pricing), it's a no brainer and people are complaining
Jan 27, 2023 1:58 AM
1.7K Comments
Joined Mar 2006
ilikeallofuJan 27, 2023 1:58 AM
1.7K Comments
Quote from MaroonCircle6262 :
Anyone know how many days Tower takes after documents for approval are submitted ?
🤔
I'm not sure but from what i read, their New Car and Refinance is same rate… so if u need something right away, apply for Tesla finance and then go thru Tower and refi and pay Tesla within a month. Tesla finance will be less of a hassel for u to meet timeline if ur VIN is available and they expect u to pickup within the next few days.
Jan 27, 2023 2:06 AM
485 Comments
Joined Sep 2013
jakuzhiJan 27, 2023 2:06 AM
485 Comments
Quote from ilikeallofu :
I'm not sure but from what i read, their New Car and Refinance is same rate… so if u need something right away, apply for Tesla finance and then go thru Tower and refi and pay Tesla within a month. Tesla finance will be less of a hassel for u to meet timeline if ur VIN is available and they expect u to pickup within the next few days.
If you cancel within the month, will they prorate you the refund?

Sign up for a Slickdeals account to remove this ad.

Jan 27, 2023 2:06 AM
405 Comments
Joined May 2018
MaroonCircle6262Jan 27, 2023 2:06 AM
405 Comments
Quote from ilikeallofu :
I'm not sure but from what i read, their New Car and Refinance is same rate… so if u need something right away, apply for Tesla finance and then go thru Tower and refi and pay Tesla within a month. Tesla finance will be less of a hassel for u to meet timeline if ur VIN is available and they expect u to pickup within the next few days.
Thanks Thats what i was thinking.. But i have already applied for new car loan at tower not sure how to change to refinance later.. Its so hard to reach Tower and do all paperwork again

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

Related Searches

Popular Deals

Trending Deals