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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 2,617,650 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 04:14 PM
388 Posts
Joined Oct 2004
Eltoroz00mJan 31, 2023 04:14 PM
388 Posts
Quote from cyclops13 :
It says starting from 45995?
There's a new 2022 Premium in stock by me for 51k. Deal breaker for me, is lack of heated rear seat, and shorter range.
Pro
Jan 31, 2023 04:19 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Jan 31, 2023 04:19 PM
396 Posts
Quote from foxblur :
I'm still waiting on my membership approval. Should I upload my Social Security card and two utility bills preemptively? I've followed this thread since page 1 and this is the first I've read about issues with Tower other than their speed.
You can try you might be verified.. Not sure why i am declined
Jan 31, 2023 04:27 PM
1,433 Posts
Joined Oct 2017
techie_reviewJan 31, 2023 04:27 PM
1,433 Posts
Quote from nachiket.me :
Does Tesla use Out-the-door price while considering a loan or just MSRP?
It will use the Car Price (for me it was 52,990) Base MYLR.

Car price: $54,630 (Order fee $250 + destination fee $1,390)
Amount financed: $48,743
Monthly payment = Tesla Wells fargo 5.34% APR = $794.46
Amount due at signing (this is our downpayment) = $9500

5.35% is alot so i will refinance with tower later for lower rate.
Jan 31, 2023 04:31 PM
103 Posts
Joined Jul 2010
Dogmeat26Jan 31, 2023 04:31 PM
103 Posts
Quote from harsh1978 :
Do I need to have tow hitch to carry bike rack? If I have to update my order then can it delay the delivery. I have not got VIN assigned and order is in editable mode.
I just recently edited my order to add this and my EDD actually moved up yesterday. I was on the fence about paying Tesla extra myself for this because you can go to u-haul and have them install it for a few hundred less but I decided to bite the bullet since I'm worried uhaul might mess something up. Also I guess if I ever really need to tow something I'll have it there. I mainly just use the hitch for my bikes as well.
Jan 31, 2023 04:50 PM
388 Posts
Joined Oct 2004
Eltoroz00mJan 31, 2023 04:50 PM
388 Posts
Quote from harsh1978 :
Do I need to have tow hitch to carry bike rack? If I have to update my order then can it delay the delivery. I have not got VIN assigned and order is in editable mode.
If you'll be using mainly for one or two bikes, then search for SEASUCKER TALON SINGLE BIKE RACK FOR EV OWNERS.
Jan 31, 2023 04:52 PM
1,433 Posts
Joined Oct 2017
techie_reviewJan 31, 2023 04:52 PM
1,433 Posts
Quote from Dogmeat26 :
I just recently edited my order to add this and my EDD actually moved up yesterday. I was on the fence about paying Tesla extra myself for this because you can go to u-haul and have them install it for a few hundred less but I decided to bite the bullet since I'm worried uhaul might mess something up. Also I guess if I ever really need to tow something I'll have it there. I mainly just use the hitch for my bikes as well.
what is EDD ?
Jan 31, 2023 04:59 PM
61 Posts
Joined Jun 2010
stanggt1313Jan 31, 2023 04:59 PM
61 Posts
Quote from techie_review :
what is EDD ?
Estimated delivery date

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Original Poster
Jan 31, 2023 04:59 PM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 31, 2023 04:59 PM
673 Posts
Quote from techie_review :
what is EDD ?
estimated delivery date
Jan 31, 2023 05:10 PM
677 Posts
Joined Apr 2007
happens31Jan 31, 2023 05:10 PM
677 Posts
Quote from twoweeled :
just food for thought. Look at the reviews on this credit union.
Read the reviews on Tower CU were pretty bad.
Jan 31, 2023 05:11 PM
162 Posts
Joined Jan 2008
8803809Jan 31, 2023 05:11 PM
162 Posts
Quote from MaroonCircle6262 :
You can try you might be verified.. Not sure why i am declined
What date of your membership application?
Jan 31, 2023 05:12 PM
103 Posts
Joined Jul 2010
Dogmeat26Jan 31, 2023 05:12 PM
103 Posts
Quote from Eltoroz00m :
If you'll be using mainly for one or two bikes, then search for SEASUCKER TALON SINGLE BIKE RACK FOR EV OWNERS.
Have you used this? I don't know if I can trust an expensive suction cup system to hold a 5k bike.
Jan 31, 2023 05:18 PM
526 Posts
Joined Mar 2019
ggaproprosJan 31, 2023 05:18 PM
526 Posts
Quote from dilbert007 :
In the history of what? The used car market surged during the pandemic not just for Tesla, Ford mavericks was flipped for 150% so was every vehicle in the market. In 2022 used car prices have crashed 30% from its peak and it is continuing this trend.. so good for number of people who flipped in 20/21 and anyone dumb duck like you who is planning to flip next year will be left with begging bowl
Model 3 was once $35000 yet crawled up month after month to $47,000 because the demand was so high

People who bought in 2018 could sell for a profit in 2019 and so on. Covid just made the flipping even better

"Anyone dumb duck like you" Grammatically this sentence makes no sense. I guess you were trying to use some weird euphemism for "dumb f**k" but got scared and then your brain completely sh*t itself? i have no idea.
Last edited by ggapropros January 31, 2023 at 10:20 AM.
2
Jan 31, 2023 05:22 PM
254 Posts
Joined Jun 2011
dilbert007Jan 31, 2023 05:22 PM
254 Posts
Quote from ggapropros :
Model 3 was once $35000 yet crawled up month after month to $47,000 because the demand was so high

People who bought in 2018 could sell for a profit in 2019 and so on. Covid just made the flipping even better

"Anyone dumb duck like you" Grammatically this sentence makes no sense. I guess you were trying to use some weird euphemism for "dumb f**k" but got scared and then your brain completely sh*t itself? i have no idea.
Not worth my time.. Bless your heart for amazing compression.
Last edited by dilbert007 January 31, 2023 at 10:30 AM.
Jan 31, 2023 05:28 PM
313 Posts
Joined Jun 2007
dmitriy2000Jan 31, 2023 05:28 PM
313 Posts
Guy do you know if model y performance has any rebates at all? I know that it doesn't qualify for 7500 rebate, but maybe there are any other rebates liker $2000? i am in California.

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Jan 31, 2023 05:29 PM
4,331 Posts
Joined Feb 2010
turns2stoneJan 31, 2023 05:29 PM
4,331 Posts
Quote from mike312 :
Surprised they didn't do credit check,I didn't see any credit inquiry. I did from Tesla and lender is WF as well
The credit check was one of the steps in my app flow.

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