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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 30, 2023 2:28 PM
147 Comments
Joined Feb 2006
fishtankJan 30, 2023 2:28 PM
147 Comments
For people getting their loan from Tower FCU... How long was the process? Trying to decide when I should apply, not knowing if I will get the car before march... Thx.
Jan 30, 2023 2:35 PM
873 Comments
Joined Apr 2010
KingCoopJan 30, 2023 2:35 PM
873 Comments
Quote from fishtank :
For people getting their loan from Tower FCU... How long was the process? Trying to decide when I should apply, not knowing if I will get the car before march... Thx.
Anticipate 3-4 weeks (at a minimum). Maybe slightly shorter, maybe slightly longer but everyday that goes by they receive more applications that push back the review period.
Jan 30, 2023 2:54 PM
1.4K Comments
Joined Oct 2017
techie_reviewJan 30, 2023 2:54 PM
1.4K Comments
Quote from phocean :
You have to do it in two steps, for most people here at lease.

1. Go to the Tower Care foundation to donate at least $35 which makes you to become a member of Tower Care.

2. Then go to Tower FCU website to apply for membership. In the eligibility section, selected "I am a member..." and choose Tower Care foundation membership in the drop down menu.
Do you need to open an checking account after your "2." ?
Jan 30, 2023 2:54 PM
290 Comments
Joined May 2006
2NeolinuxJan 30, 2023 2:54 PM
290 Comments
Quote from dilbert007 :
And how much do you think you will be spending on electricity over the life of an EV? With expected energy price increase of upto 100-150% in next 5 years. Last I checked EV runs on E.. not on FART energy

https://jalopnik.com/driving-100-...00%20miles.
You also need to take into consideration EV buyers who have Solar panels
Jan 30, 2023 2:57 PM
2.1K Comments
Joined Sep 2022
norcal007Jan 30, 2023 2:57 PM
2.1K Comments
Quote from deals2look :
Is it too late to order one?- I am looking for Model YLR 5 seater.

Anyone from Michigan ordered in last 10 days and assigned VIN yet?

Thanks
The ev's don't do well in cold weather. https://www.way.com/blog/tesla-pr...d-weather/
Jan 30, 2023 3:01 PM
40 Comments
Joined Jul 2020
IMAFriendJan 30, 2023 3:01 PM
40 Comments
Quote from IMAFriend :
Thank you for the great update.
When you ordered, what you ordered, and from where.
Also, what changed and to what.

Fwiw, it's probably the same vehicle I ordered, all base except color blue. 16th early afternoon. Still showing the 23rd to March 30th. Orange County California.
This morning my dates changed slightly. Now Feb 16th to March 16th.
Jan 30, 2023 3:04 PM
254 Comments
Joined Jun 2011
dilbert007Jan 30, 2023 3:04 PM
254 Comments
Quote from 2Neolinux :
You also need to take into consideration EV buyers who have Solar panels
Yes, I can also include folks who are switching to Geothermal.. sunk cost of these ventures outweighs the benefits. The only thing we have enabled by this hype is making billions for Elon so that he could waste on his erratic episodes. The bottom line EV revolution in this country is paid for by Taxpayers (who can't afford EVs at the current price point). The economies of scale and Supply Chain arguments are just eyewash nonsense, with zero merits to them.
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Jan 30, 2023 3:12 PM
2.5K Comments
Joined Aug 2007
sleekwalletJan 30, 2023 3:12 PM
2.5K Comments
Quote from IMAFriend :
This morning my dates changed slightly. Now Feb 16th to March 16th.
Mine changed too, it was a week range and now it went to feb 21 to March 28
Jan 30, 2023 3:13 PM
1K Comments
Joined Mar 2019
CycloneFWJan 30, 2023 3:13 PM
1K Comments
Quote from norcal007 :
The ev's don't do well in cold weather. https://www.way.com/blog/tesla-pr...d-weather/
I have to admit that the article isn't all doom and gloom and actually feels like it thinks well of Tesla w.r.t. to cold. Other than the "you can hurt your battery driving when it's cold" vs. saying not to drive it hard like you are at a track, it follows along how my 2013 has done in Ithaca.
Jan 30, 2023 3:15 PM
1.4K Comments
Joined Oct 2017
techie_reviewJan 30, 2023 3:15 PM
1.4K Comments
Quote from IMAFriend :
This morning my dates changed slightly. Now Feb 16th to March 16th.
when did you order and what was your config ?

Jan 30, 2023 3:20 PM
329 Comments
Joined Oct 2005
d0nniecJan 30, 2023 3:20 PM
329 Comments
My delivery window changed from 3/1-3/31 to 2/10 - 3/10. Ordered on 1/17. white Y LR 5 seater/ blk interior.
Jan 30, 2023 3:20 PM
429 Comments
Joined Aug 2018
MawsuJan 30, 2023 3:20 PM
429 Comments
1/13 15:00 White MYLR/Boston - Initially Jan-March - in few days 1/23 - 2/20 - On 1/23 afternoon got vin (austin) and new estimate is 2/4-2/11. Today got schedule notification for 2/7-2/9

Neighbor ordered same day but different color - his estimate a week after but vin is from freemont.
Jan 30, 2023 3:25 PM
2.6K Comments
Joined Dec 2008
Travis64Jan 30, 2023 3:25 PM
2.6K Comments
Has anyone found any cheaper options other then tsport for winter tires?
Ones i want are 3500 shipped for rims and tires seems expensive to me
Jan 30, 2023 3:26 PM
1.4K Comments
Joined Oct 2017
techie_reviewJan 30, 2023 3:26 PM
1.4K Comments
Quote from d0nniec :
My delivery window changed from 3/1-3/31 to 2/10 - 3/10. Ordered on 1/17. white Y LR 5 seater/ blk interior.
Where are you located, i ordered on 01/17 as well 8 PM EST same config as you ... No VIN Yet but shows estimated 02/18 - 03/25, Location: ATL, GA

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Pro
Jan 30, 2023 3:30 PM
6.8K Comments
Joined Oct 2005
sleepybubba
Pro
Jan 30, 2023 3:30 PM
6.8K Comments

Our community has rated this post as helpful. If you agree, why not thank sleepybubba

Quote from Mawsu :
1/13 15:00 White MYLR/Boston - Initially Jan-March - in few days 1/23 - 2/20 - On 1/23 afternoon got vin (austin) and new estimate is 2/4-2/11. Today got schedule notification for 2/7-2/9

Neighbor ordered same day but different color - his estimate a week after but vin is from freemont.L
Good luck! Please do look your car over carefully. I used this delivery checklist [macheforum.com] to ensure the car was in OK shape and avoid post-delivery hassle and "within Tesla tolerance" responses.

My Boston-ordered MYLR had a trunk hutch that was indented 3/4" on the right side. They offered to wait for the new VIN (without a delivery date of course), or send it to body shop. In the hind side, I wish I asked for a new VIN as mine has been in body shop since 1/19 without a delivery date on horizon. The new one would have probably been delivered by now.

The worst experience buying a new car ever Frown
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