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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 2,617,214 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 31, 2023 12:53 AM
138 Posts
Joined Jun 2007
KaizerJan 31, 2023 12:53 AM
138 Posts
Quote from dealstapori15 :
With Ford Mustang Mach-e price cut indication, Tesla need to quickly get the pre-ordered delivered and if they take longer beyond 2nd Week of March more Car makers will start coming with discount. I still do not know why Tesla is not swapping their existing inventory to lock the customer which is just cutting 1000 dollars or 2000 dollars
They have until end of Feb to do it.
Jan 31, 2023 12:54 AM
8 Posts
Joined Oct 2014
MadfanJan 31, 2023 12:54 AM
8 Posts
Quote from bumoftheday :
Ordered a model y long range Saturday afternoon. Blue color, everything else base. Got VIN today and set pickup appointment for 2/9.

I was worried I'd lose the tax credit, but this is way quicker than expected. Now to get the charger installed.
Good for you ! I ordered the same config (assuming yours is 5 seater ) on 1/14 still waiting for VIN … which state you are in ?
Jan 31, 2023 12:55 AM
669 Posts
Joined Oct 2016
RWelchSJan 31, 2023 12:55 AM
669 Posts
how do you know what year your car is?
Jan 31, 2023 12:56 AM
138 Posts
Joined Jun 2007
KaizerJan 31, 2023 12:56 AM
138 Posts
Quote from MurraytheDemonSkull :
Usually the cheap models are named "C"
Like Corolla!
1
1
Jan 31, 2023 12:56 AM
617 Posts
Joined Oct 2014
caymeraJan 31, 2023 12:56 AM
617 Posts
Quote from seanleeforever :
took delivery at the delivery center today, think about share some information for the first time tesla buyers
1. if you were paying cash, it is actually a two step process. in the final payment page, you first link a bank with sufficient fund, then once it is added, it is another step to pay. so you could link the bank first before you decide to pay. it is important to know that the bank you adding must have sufficient amount, or else it doesn't let you add (which was why i was confused and thought the bank adding and payment might be the same step, but it is actually two steps)
2. all tesla i saw today have some sort of panel gaps, and they are all inconsistent.. but with in the 5mm tesla spec. it is actually not terrible but it is noticeable (i have the austin car, and i don't think the quality is any better than fremont)
3, paint. mine came with two paint defects, maybe i am unlucky but for a what is supposed to be improved production line, this is pretty poor quality wise.
4. that said, my car has no rattle nor wind noise whatsoever, so the car is well put together interior wise.
5. the benefit of pick up in person is that as long as the car is not outside of the lot, you have not accepted the vehicle. so if you have any issues that you want to reject, pick up in person is the only way.
6. but if you were going to keep the vehicle, then there is no difference between pick up in person or delivery to your drive way. sales agent won't rectify any issues you have, you have to book via service center before you car hit first 100 miles (that's when you can point out any issues)

over all, very satisfied experience, in and out in 30 minutes (most time was waiting for the temporary license plate) i would not go back the the traditional dealership after this. in fact, next time i would just take drive way delivery.
Do you get an option to get it delivered to your driveway? I only get pickup option which is 50+ miles away.
Jan 31, 2023 01:03 AM
617 Posts
Joined Oct 2014
caymeraJan 31, 2023 01:03 AM
617 Posts
Quote from sleekwallet :
not bad, did you open an account with a $65 donation? Thanks
Seems like you should be able to do it for free.

https://www.ussfcu.org/about-us/join-ussfcu

You are a Member of The American Consumer Council
VACC membership takes a matter of minutes and you don't have to live in Virginia, you can join the VACC from anywhere in the U.S. Plus, USSFCU will cover your membership dues. Follow the instructions below to join:

Go to americanconsumercouncil.org
Click the Join Now button
Fill out the short application—Use Promo Code: USSFCU to waive the $8.00 membership fee
Click Proceed to the Next Step to complete the application process

You will receive an email containing your VACC Membership Number and Certificate (retain for your records). This information will automatically be sent to USSFCU.
1
Jan 31, 2023 01:18 AM
3,814 Posts
Joined May 2013
MoisesA7010Jan 31, 2023 01:18 AM
3,814 Posts
Quote from MurraytheDemonSkull :
In one of the Tesla forums, I saw the following update on CVRP eligibility. It looks like the rebate eligibility is not going to be retroactive.

"Hello,

With Tesla's recent price reduction for the Model 3 and Model Y, those vehicles will once again be eligible for CVRP, pending Tesla completing necessary documentation to add them to the CVRP eligible vehicle list. Until the vehicles are on the list, consumers purchasing and taking delivery of MY 2023 Tesla Model 3s and Model Ys remain ineligible for a rebate. The delivery date of the vehicle must be AFTER the models are added to the CVRP eligibility list.

Thank you"
so there is still a chance. Imagine if they add it and the fed just doesnt change anything after march.
so lower price - $7500 tax credit - $7500 CVRP for CA
then its no question to purchase

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Jan 31, 2023 01:20 AM
255 Posts
Joined May 2009
fangszJan 31, 2023 01:20 AM
255 Posts
Quote from bumoftheday :
Ordered a model y long range Saturday afternoon. Blue color, everything else base. Got VIN today and set pickup appointment for 2/9.

I was worried I'd lose the tax credit, but this is way quicker than expected. Now to get the charger installed.
Which location?
Jan 31, 2023 01:26 AM
1,382 Posts
Joined Oct 2011
thinh4u2Jan 31, 2023 01:26 AM
1,382 Posts
Jan 31, 2023 01:26 AM
1,382 Posts
Joined Oct 2011
thinh4u2Jan 31, 2023 01:26 AM
1,382 Posts
Quote from sleekwallet :
not bad, did you open an account with a $65 donation? Thanks
Yes I did
Jan 31, 2023 01:30 AM
617 Posts
Joined Oct 2014
caymeraJan 31, 2023 01:30 AM
617 Posts
Quote from thinh4u2 :
Thanks!
You must have applied for higher term loan than 36 months.
Jan 31, 2023 01:32 AM
132 Posts
Joined Dec 2007
sribeeJan 31, 2023 01:32 AM
132 Posts
Quote from Cool_Pacific :
I had booked white MYLR with no upgrades before price hike, planning to cancel order...
Why the change of heart?
Jan 31, 2023 01:37 AM
1,382 Posts
Joined Oct 2011
thinh4u2Jan 31, 2023 01:37 AM
1,382 Posts
Quote from caymera :
You must have applied for higher term loan than 36 months.
My wife applied lol, but yes she applied for the 60mos I think to give us some flexibility.
Jan 31, 2023 02:02 AM
3,485 Posts
Joined Jan 2011

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Jan 31, 2023 02:05 AM
3,485 Posts
Joined Jan 2011
toromacJan 31, 2023 02:05 AM
3,485 Posts
I'm gonna laugh when Elon adds the hardware 4 package with radar to these vehicles in a few months and also cuts prices further. Gonna be a lot of sad people underwater on their loans
6

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