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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 31, 2023 4:14 PM
399 Comments
Joined Oct 2004
Eltoroz00mJan 31, 2023 4:14 PM
399 Comments
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.
Jan 31, 2023 4:19 PM
405 Comments
Joined May 2018
MaroonCircle6262Jan 31, 2023 4:19 PM
405 Comments
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 4:27 PM
1.4K Comments
Joined Oct 2017
techie_reviewJan 31, 2023 4:27 PM
1.4K Comments
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 4:31 PM
103 Comments
Joined Jul 2010
Dogmeat26Jan 31, 2023 4:31 PM
103 Comments
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 4:50 PM
399 Comments
Joined Oct 2004
Eltoroz00mJan 31, 2023 4:50 PM
399 Comments
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 4:52 PM
1.4K Comments
Joined Oct 2017
techie_reviewJan 31, 2023 4:52 PM
1.4K Comments
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 4:59 PM
61 Comments
Joined Jun 2010
stanggt1313Jan 31, 2023 4:59 PM
61 Comments
Quote from techie_review :
what is EDD ?
Estimated delivery date

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Original Poster
Jan 31, 2023 4:59 PM
676 Comments
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Jan 31, 2023 4:59 PM
676 Comments
Quote from techie_review :
what is EDD ?
estimated delivery date
Jan 31, 2023 5:10 PM
677 Comments
Joined Apr 2007
happens31Jan 31, 2023 5:10 PM
677 Comments
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 5:11 PM
162 Comments
Joined Jan 2008
8803809Jan 31, 2023 5:11 PM
162 Comments
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 5:12 PM
103 Comments
Joined Jul 2010
Dogmeat26Jan 31, 2023 5:12 PM
103 Comments
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 5:18 PM
526 Comments
Joined Mar 2019
ggaproprosJan 31, 2023 5:18 PM
526 Comments
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 09:20 AM.
2
Jan 31, 2023 5:22 PM
254 Comments
Joined Jun 2011
dilbert007Jan 31, 2023 5:22 PM
254 Comments
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 09:30 AM.
Jan 31, 2023 5:28 PM
313 Comments
Joined Jun 2007
dmitriy2000Jan 31, 2023 5:28 PM
313 Comments
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 5:29 PM
4.4K Comments
Joined Feb 2010
turns2stoneJan 31, 2023 5:29 PM
4.4K Comments
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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