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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 2,619,140 Views
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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 28, 2023 06:37 PM
9,935 Posts
Joined Jun 2008
runtohell121Jan 28, 2023 06:37 PM
9,935 Posts
Quote from ilikeallofu :
I was in the same situation... got the VIN same day that I ordered and my pickup option were given for next 2 days... I called Tesla and was on hold for hours before I was able to talk to a rep... he said they don't like to push the date back but given my situation that I ordered just a day ago, he was able to push it back 3 days after the original scheduled date. So, within that week, I got my credit union to get me a check and sold my car at Carmax and was ready to take delivery.

If you aren't able to do all this, my suggestion will be to get financed through Tesla and then refi (that's only if u can find a better rate for "used" car)... as for trade, Tesla gave me trade in value within a day but I heard they're slow these day... maybe try to sell it at Carmax or other place... u can always decline to take delivery, in which case the rep told me ur car will be given to someone else and u'll be assigned another one (dunno when though)... this might be the risk u may not want to take given of the tax credit and amount of orders and delivery date we've seen on this thread.
Tesla actually called me after I texted back to ask for delay delivery.

They were able to compensate and allowed me to take delivery on 2/11 even though it's a longer hold time than usual.

As for trade in; during the call I asked them the status and within 10 min, I was sent an offer, which seems quite reasonable to me. $30K from Tesla, $27K from Carvana, or $22K from Vroom for my 2021 VW ID.4 Pro with 29K miles.
Jan 28, 2023 06:43 PM
274 Posts
Joined Apr 2005
clauJan 28, 2023 06:43 PM
274 Posts
Quote from turns2stone :
There are actually several improvements from a '20 to a '22/'23. Some are functional, some are cosmetic. For example:
  • 75kWh battery to 82kWh (improved range and 0-60 time)
  • Intel Atom (MCU2) to AMD Ryzen (MCU3) - much faster/responsive main screen, now includes Zoom app
  • resistive heating system vs. heat pump
  • standard headlights vs. new Matrix-style
  • new tail lights/rear turn signals
  • new cameras ('23 only, TBD on functional improvements)
  • powered trunk
  • new/improved interior center console with USB-C, USB-C for rear passengers
  • wireless charging for front passengers
  • new front door trim with wood, better plastics and lighted door pocket
  • double-paned front door glass for less road noise
  • heated steering wheel
  • new wheels
  • exterior chrome trim vs. satin black (I much prefer the black)
  • Improved front fender cameras, no more camera-sensor-blinded-by-flashing-indicator-at-night
  • CCS charging compatible
  • Overall less squeaks and rattles. I dunno what 'under the hood' changes they made in the past three years, but the car feels better put together.

I've probably forgotten some...

Yep, edit:
  • heated windshield wipers and improved squirters
  • improved material (metal?) for the steering wheel multifunction scroll wheels
You missed a couple of important ones:

Comfort suspension.
Dual-pane front windows for noise insulation.
Jan 28, 2023 07:09 PM
509 Posts
Joined May 2018
vndragonslayerJan 28, 2023 07:09 PM
509 Posts
Quote from mychaelp :
Unless you make more than the average person, the tax credit is mostly useless. So I don't see a 36k Tesla on the website.sorry.
sorry you arent tesla's target audience.. anyways 37k tesla is a steal for the ev and features.. even 36k corolla dont even come with responsive ipad display
1
Pro
Jan 28, 2023 07:11 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 28, 2023 07:11 PM
396 Posts
Quote from TheKingofDeals :
Anyone with ability to run a free CarFax for me ? I want to run one on my current car to use for potential buyers. Looks like a few of the Credit Unions like Pen and Navy allow free CarFax. Please PM if you can run one I will provide my VIN.
If you still didnt got... you go to a nearest car dealer and ask them for cash offer on vehicle 😃
They will also provide you carfax .. let them know you need time to think and will get back in few days..
Jan 28, 2023 07:16 PM
4,331 Posts
Joined Feb 2010
turns2stoneJan 28, 2023 07:16 PM
4,331 Posts
Quote from clau :
You missed a couple of important ones:

Comfort suspension.
Dual-pane front windows for noise insulation.
Front window improvement was #11 on the list in my post you quoted Smilie

I didn't add comfort suspension, because that's only for the Model Y. My list was for Model 3, only. Model Y has always come with many of the features that the 3 got in the past few years.
Jan 28, 2023 07:57 PM
905 Posts
Joined Jul 2016
mike312Jan 28, 2023 07:57 PM
905 Posts
There are currently no appointments available

We are working on increasing available appointments. Please call (888) 518-3752 to speak with a Tesla Advisor.

Anyone seen this before
Jan 28, 2023 07:59 PM
4,332 Posts
Joined Apr 2012
twoweeledJan 28, 2023 07:59 PM
4,332 Posts
Quote from SleepingDragon :
Got a Austin build with manufactured date of 01/2023. Delivered from Burbank to my home in Alhambra.
I went to Alhambra for my test drive. I ordered 1/16. Hoping I get something around the end of this month.

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Jan 28, 2023 08:00 PM
4,332 Posts
Joined Apr 2012
twoweeledJan 28, 2023 08:00 PM
4,332 Posts
Quote from runtohell121 :
Ordered a Model 3 RWD in blue on 1/24 evening (transaction date 1/25...); vin assigned on 1/28; estimated delivery 1/29-2/5.

How accurate is the delivery dates? I haven't seen my trade in offer yet; haven't applied for financing either.
DAMN!! Lucky you. I guess they can push out rear wheel drive quicker? You're probably close on the estimate.
Jan 28, 2023 08:02 PM
4,332 Posts
Joined Apr 2012
twoweeledJan 28, 2023 08:02 PM
4,332 Posts
Quote from BSparks294 :
My friend in Texas had a delivery date of February 8th, now it has been pushed back to the middle of March. Delivery dates are certainly fluid.

He has to drive 150 miles to pick up the vehicle.
What did your friend order? Y, 3, RR, AWD, LR, white?
Jan 28, 2023 08:08 PM
96 Posts
Joined Aug 2009
hippagunJan 28, 2023 08:08 PM
96 Posts
How are you guys getting the VIN ? Do we need to go all the way and put finance details ?
Pro
Jan 28, 2023 08:20 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 28, 2023 08:20 PM
396 Posts
Quote from hippagun :
How are you guys getting the VIN ? Do we need to go all the way and put finance details ?
No you will still be getting vin and delivery assigned without financing details or any steps.. you can do that 3 days before pick up too..
Some luck or pickup a car in inventory or first come first serve process makes delivery faster😃
Jan 28, 2023 08:23 PM
96 Posts
Joined Aug 2009
hippagunJan 28, 2023 08:23 PM
96 Posts
not sure where to check for VIN assignment ?I have paid my 250$ on Jan 21st .When I open the app ,All I see is a delivery date of March 8-March 31 st
1
Jan 28, 2023 08:24 PM
26 Posts
Joined Apr 2011
TheDinDjarinJan 28, 2023 08:24 PM
26 Posts
Anyone looking to transfer their white, long range Y, white interior or no options in Dallas ? DM pls.
Jan 28, 2023 08:28 PM
91 Posts
Joined Jun 2014
stanleychanJan 28, 2023 08:28 PM
91 Posts
Quote from sidewinder33625 :
umm...ok...that was a rhetorical question about paying back tesla. the "deal" was done when you signed the paper. everyone gets it that it sucks to lose 13k but that is the reality. what about those who were about to sell/trade their used teslas that all of a sudden its now worth much less. did they not lose money same as you did? why shouldn't they be entitled to the same compensation? where do you draw the line? at least those that traded/sold their used cars last year made a killing that in some cases will more than make up for the price drop. heck i wish my current car is worth what it was few months ago but again that is the reality.
Again, there are many of us who bought recently where we asked if Tesla can offer some goodwill which is very different from saying we are entitled to the differences.

For those who were about to sell/trade their used Tesla that all of the sudden it's now worth much less, it's up to them to try see what they want to do. At the end of the day, it's not me who draw the line, it's up to Tesla if they want to do nothing or do something to show good will.

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Jan 28, 2023 08:35 PM
179 Posts
Joined Sep 2008
vishankJan 28, 2023 08:35 PM
179 Posts
I had a model y 7 seater blue, white interior on order since late summer last year, hoping to bank on the high trade in value of my model 3 2018. After placing it on hold after skipping delivery after getting VIN (d/t low TIV) , I finally got another VIN in mid January for pickup yesterday. I went ahead with the delivery considering the dropped prices and potential tax rebate.

I love it. No panel gap issues, got the matrix headlights too. Only issue was the dual motor emblem being crooked which the fixed before I left yesterday.

I will miss my free premium connectivity, FSD, and no USS from my previous car for sure, but the upgrades this car provides in comparison to my previous car outweighs them for sure.

This car is much quieter while driving, no rattling at all, and a much smoother driving experience.

Got some Tuxmats on order for delivery for Monday, after reading forums that those mats are the ones to get.
Last edited by vishank January 28, 2023 at 01:37 PM.

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