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expiredMurraytheDemonSkull posted Jan 13, 2023 4:18 AM

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

$52,990

$52,990

(For Qualifying Buyers)
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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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12.3K Comments

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Jan 27, 2023 5:07 AM
5.2K Comments
Joined Dec 2009
SDSummerDayJan 27, 2023 5:07 AM
5.2K Comments
Quote from DeathCab :
You're *probably* right. But I'm also not brave enough to gamble $7500 on political decisions in the the current environment.
Laws don't retrospectly apply.
ex post facto laws are expressively forbidden in the US Constitution
1
Jan 27, 2023 5:15 AM
3.8K Comments
Joined Jun 2004
DeathCabJan 27, 2023 5:15 AM
3.8K Comments
Quote from seanleeforever :
Laws don't retrospectly apply.
ex post facto laws are expressively forbidden in the US Constitution
Taxes can be changed retroactively (historically limited to within the same calendar year the change is passed). The Supreme Court unanimously upheld the authority to do that in US vs. Carlton. https://www.lexisnexis.com/commun...-v-carlton and it's even easier to justify in the context of changing a credit (because it's not a retroactive tax increase, it's the elimination or reduction of a credit that offsets the tax liability that otherwise already exists).

Highly unlikely to occur and relatively low risk for those who are willing to gamble, but I personally wouldn't be interested in buying the vehicle without the credit so not willing to take the risk (however low it may be) that the credit could be unavailable.
Last edited by DeathCab January 26, 2023 at 09:47 PM.
Jan 27, 2023 5:17 AM
100 Comments
Joined Jul 2009
kingzqJan 27, 2023 5:17 AM
100 Comments
Quote from superslickz :
Has any model Y got radar yet?
Despite the recent fuss speculating Tesla is bringing back Radar/HD Radar after Mid Jan, 2023, it doesn't seem any one has seen one on M3/MY yet.

Quote from superslickz :
What's the advantage of the matrix light and Ryzen chip?
Matrix light suppose to have better lighting and more precise beam direction, and can potentially do more light show tricks. Ryzen chip is faster than the old one, new apps such as zoom only is available on Ryzen chip consoles.


Quote from superslickz :
If the car do not have these features when picking it up, can you turn the car down and remain on the list for the next available car?
I can't answer these questions since I have no prior experiences.
Last edited by kingzq January 26, 2023 at 09:19 PM.
Jan 27, 2023 5:31 AM
509 Comments
Joined May 2018
vndragonslayerJan 27, 2023 5:31 AM
509 Comments
all local inventory are sold out.. gl to those trying to fomo buy now with custom order.. too late
1
Jan 27, 2023 5:38 AM
501 Comments
Joined Feb 2012
Mikey122687Jan 27, 2023 5:38 AM
501 Comments
Does paying cash get you the car faster? anyone know?
Jan 27, 2023 5:42 AM
541 Comments
Joined Nov 2004
atulinlondonJan 27, 2023 5:42 AM
541 Comments
Quote from Explorer3253 :
Can anyone who recently picked up their mylr with a Fremont build confirm they received the matrix lights?
yes got the matrix lights, Fremont build 12/22
Jan 27, 2023 5:42 AM
12.2K Comments
Joined May 2007
superslickzJan 27, 2023 5:42 AM
12.2K Comments
Quote from vndragonslayer :
all local inventory are sold out.. gl to those trying to fomo buy now with custom order.. too late
I doubt it. There are going to be plenty of people who wants radar and turning down their cars, especially those who don't qualify for the tax rebate.

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Jan 27, 2023 6:02 AM
140 Comments
Joined Jun 2007
KaizerJan 27, 2023 6:02 AM
140 Comments
Quote from Mikey122687 :
Does paying cash get you the car faster? anyone know?
If you add all available options, you get to jump the queue.
Jan 27, 2023 6:43 AM
274 Comments
Joined Apr 2005
clauJan 27, 2023 6:43 AM
274 Comments
Quote from triggerhappy007 :
Yes, just make sure you don't make over $300k combined.
That's not good advice. Make as much money as you can! šŸ˜„
Jan 27, 2023 7:22 AM
339 Comments
Joined Jan 2012
meerkatJan 27, 2023 7:22 AM
339 Comments
Quote from Fall3flake :
To be honest, I rather go with TX as I hear they have better quality. Those lights don't make too big of a difference to me.
Same thinking for me. But I am 20 minutes drive away from Fremont.
Jan 27, 2023 11:57 AM
486 Comments
Joined Dec 2006
ZurgJan 27, 2023 11:57 AM
486 Comments
Has anyone seen this article yet?
https://insideevs.com/news/633424...velopment/

Wondering what is this car they are releasing with the 50% manufacturing cost reduction.
Last edited by Zurg January 27, 2023 at 03:59 AM.
Jan 27, 2023 12:21 PM
771 Comments
Joined Dec 2014
JellyBellyMDJan 27, 2023 12:21 PM
771 Comments
Quote from Zurg :
Has anyone seen this article yet?
https://insideevs.com/news/633424...velopment/

Wondering what is this car they are releasing with the 50% manufacturing cost reduction.
Tesla Ultra Reduced Design TURD
1
Jan 27, 2023 12:34 PM
771 Comments
Joined Dec 2014
JellyBellyMDJan 27, 2023 12:34 PM
771 Comments
Quote from vndragonslayer :
all local inventory are sold out.. gl to those trying to fomo buy now with custom order.. too late
They can always line up for the next model.

https://insideevs.com/news/633424...velopment/

Tesla Ultra Reduced Design TURD
Jan 27, 2023 12:39 PM
1K Comments
Joined Mar 2019
CycloneFWJan 27, 2023 12:39 PM
1K Comments
Quote from madhura21 :
Penfed or dcu never asked for such documents. Is there any template or sample document for "specific power of attorney".. Thanks
I had to provide PenFed one when I refi'd to them from Toyota Finance. I didn't have to when I got a loan on my free and clear other car.
1

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Jan 27, 2023 12:40 PM
254 Comments
Joined Jun 2011
dilbert007Jan 27, 2023 12:40 PM
254 Comments
Quote from JellyBellyMD :
Tesla Ultra Reduced Design TURD
🤣- Musk flavored - He will come up with another outrageous sales pitch.. fans-only herd will eat it up!! Just like his numbers.
1
1

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