Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
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
Visit Retailer
Good Deal
Save
Share
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

Community Voting

Deal Score
+839
Good Deal
Visit Retailer

Leave a Comment

Unregistered (You)

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

Sign up for a Slickdeals account to remove this ad.

Jan 31, 2023 10:10 PM
1,015 Posts
Joined Mar 2019
CycloneFWJan 31, 2023 10:10 PM
1,015 Posts
Quote from foxblur :
I just re-searched this some. I'll ask them next Wednesday when I take receipt. Here is a link directly to what he's talking about.
https://www.irs.gov/newsroom/topi...-credit#q7
Do note for the seller reporting to IRS stuff, they have until Jan 15th next year for 2023's purchases. But I can only imagine the nightmare when taxpayer IDs (i.e. SSN) need to be collected to share with the IRS.
Jan 31, 2023 10:25 PM
1,643 Posts
Joined Mar 2004
BobloadmireJan 31, 2023 10:25 PM
1,643 Posts
Quote from mintblue3411 :
Battery are also much more toxic to environment and much harder to recycle, I don't get how driving an ev is green and government gives out those stupid green rebate.
That's because you don't understand recycling and lifecycle emissions. you can reclaim 90-95% lithium batteries, i'm working on a recycling center right now.
Jan 31, 2023 10:34 PM
526 Posts
Joined Mar 2019
ggaproprosJan 31, 2023 10:34 PM
526 Posts
Quote from mintblue3411 :
Battery are also much more toxic to environment and much harder to recycle, I don't get how driving an ev is green and government gives out those stupid green rebate. It is producing more co2 during production and recycling of batteries and electricity generation compared with gas car lifetime
Hello Mr Expert on recycling

Can you explain to me what an anode is? and can you explain to me whether lithium is used as a cathode or anode?
2
Jan 31, 2023 10:47 PM
1,719 Posts
Joined Mar 2006
ilikeallofuJan 31, 2023 10:47 PM
1,719 Posts
Quote from caymera :
Can anyone who took delivery confirm if Tesla took your information to report to IRS?

The sale qualifies only if:

You buy the vehicle new
The seller reports required information to you at the time of sale and to the IRS.
Sellers are required to report your name and taxpayer identification number to the IRS for you to be eligible to claim the credit.
No, they didn't take anything… u sign few papers and hand them the check… then u setup ur key card and off u go with ur new vehicle.
Jan 31, 2023 10:48 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsJan 31, 2023 10:48 PM
3,419 Posts
Quote from dealer89 :
Did you upload the insurance information with Tesla VIN before scheduling the delivery?
No I upload my insurance card that has all my info but another registered car's VIN on there. I won't add the Tesla until closer to the delivery date and let my agent know when to add it.
Jan 31, 2023 10:54 PM
2,138 Posts
Joined Sep 2022
norcal007Jan 31, 2023 10:54 PM
2,138 Posts
Quote from foxblur :
As much as I like Dave and his advice, some of us have the income to make that payment many times over. And while you can save and invest in all the areas of the world, you can't take it with you. A Tesla isn't a must have A to B vehicle. If that's your spot in life then a Corolla might be your solution.
Except those that can really afford it do not take out a loan. Reading some of the posts here leads me to believe there are quite a few who are stretched thin and buying an expensive car, ev or gas burner.. I read people here living in apartments and buying. I'm at that semi retired age where expensive cars hold little interest to me. The feel of not carrying debt is pretty awesome. Now boats are a different story and a whole lot more fun. Ha.
1
Jan 31, 2023 11:13 PM
3,109 Posts
Joined Jul 2011
euuser1398928Jan 31, 2023 11:13 PM
3,109 Posts
Quote from norcal007 :
Except those that can really afford it do not take out a loan. Reading some of the posts here leads me to believe there are quite a few who are stretched thin and buying an expensive car, ev or gas burner.. I read people here living in apartments and buying. I'm at that semi retired age where expensive cars hold little interest to me. The feel of not carrying debt is pretty awesome. Now boats are a different story and a whole lot more fun. Ha.
You prefer water toys. I prefer land toys. What you hopefully understand is you carry a 3% loan when I bonds and other investments are returning 6.89%.

Sign up for a Slickdeals account to remove this ad.

Jan 31, 2023 11:26 PM
526 Posts
Joined Mar 2019
ggaproprosJan 31, 2023 11:26 PM
526 Posts
Quote from norcal007 :
Except those that can really afford it do not take out a loan. Reading some of the posts here leads me to believe there are quite a few who are stretched thin and buying an expensive car, ev or gas burner.. I read people here living in apartments and buying. I'm at that semi retired age where expensive cars hold little interest to me. The feel of not carrying debt is pretty awesome. Now boats are a different story and a whole lot more fun. Ha.
Ive paid off lots of cars, being debt free doesnt mean you are expense free, just ask anyone who has to pay for $1000 spark plug job at 100k... or a timing belt... or head gaskets... or so on. Also if you have a set commute and OPEC decides to raise prices how do you avoid that expense? do you just keep gasoline on your property in a huge 500 gallon tank and weather gas crises?

I do not like to expose myself to external risks, of which gasoline + internal combustion engines are fraught with.

EV + powerwall + solar = insulated from external risks.
Last edited by ggapropros January 31, 2023 at 04:31 PM.
Jan 31, 2023 11:33 PM
304 Posts
Joined Dec 2016
anhdongtxJan 31, 2023 11:33 PM
304 Posts
Quote from caymera :
Can anyone who took delivery confirm if Tesla took your information to report to IRS?

The sale qualifies only if:

You buy the vehicle new
The seller reports required information to you at the time of sale and to the IRS.
Sellers are required to report your name and taxpayer identification number to the IRS for you to be eligible to claim the credit.
No they don't

I asked and they said no.
Jan 31, 2023 11:37 PM
3,109 Posts
Joined Jul 2011
euuser1398928Jan 31, 2023 11:37 PM
3,109 Posts
Quote from anhdongtx :
No they don't

I asked and they said no.
We'll RIP $7500. It's spelled out specifically they are required. I'm still going to ask them about it next Wednesday and then I'll go all let me speak to your managERRR
1
Jan 31, 2023 11:47 PM
2,138 Posts
Joined Sep 2022
norcal007Jan 31, 2023 11:47 PM
2,138 Posts
Quote from ggapropros :
Solar and EV shield you from opec and utility companies. If you think you will not see rising prices in the next 30 years then you're going to be in for a rude awakening.
Solar in CA took a nosedive with the PUC reducing the payback for excess power sold to the power grid operator. They cut it back 75% and want people to spend $20,000 for battery storage. https://www.cnbc.com/2022/12/15/c...wners.html
Jan 31, 2023 11:49 PM
1,015 Posts
Joined Mar 2019
CycloneFWJan 31, 2023 11:49 PM
1,015 Posts
Quote from foxblur :
We'll RIP $7500. It's spelled out specifically they are required. I'm still going to ask them about it next Wednesday and then I'll go all let me speak to your managERRR
Not saying you shouldn't so raise your concern, but you are likely to encounter "there's nothing I can do" and being asked to either accept delivery and move on, or decline delivery and leave without the car.

As the thread shows, your car will show up in inventory for someone else who will swoop it up in no time.

That's one thing I really dislike about Tesla. Their employees are not empowered to do much of anything, so you get plenty who just can't help you.

I hope I'm wrong and the manager indeed finds some process to help with this next Wednesday.
Jan 31, 2023 11:52 PM
526 Posts
Joined Mar 2019
ggaproprosJan 31, 2023 11:52 PM
526 Posts
Quote from norcal007 :
Solar in CA took a nosedive with the PUC reducing the payback for excess power sold to the power grid operator. They cut it back 75% and want people to spend $20,000 for battery storage. https://www.cnbc.com/2022/12/15/c...wners.html [cnbc.com]
hence me saying powerwall, i dont know why anyone wouldnt have a power wall with solar, its so cheap, and tesla worked something out where it sells back for a lot actually.. pretty sure theres even ecoflow for like $4000 that have some type of rebate and are pretty much plug and play.
Jan 31, 2023 11:52 PM
1,643 Posts
Joined Mar 2004
BobloadmireJan 31, 2023 11:52 PM
1,643 Posts
Quote from norcal007 :
Except those that can really afford it do not take out a loan. Reading some of the posts here leads me to believe there are quite a few who are stretched thin and buying an expensive car, ev or gas burner.. I read people here living in apartments and buying. I'm at that semi retired age where expensive cars hold little interest to me. The feel of not carrying debt is pretty awesome. Now boats are a different story and a whole lot more fun. Ha.
I can buy this car cash 10x over but I took a loan since i'd rather DCA my investments since interest is at 4%, and the market has already lost a ton of value
1

Sign up for a Slickdeals account to remove this ad.

Jan 31, 2023 11:53 PM
509 Posts
Joined May 2018
vndragonslayerJan 31, 2023 11:53 PM
509 Posts
Quote from norcal007 :
Solar in CA took a nosedive with the PUC reducing the payback for excess power sold to the power grid operator. They cut it back 75% and want people to spend $20,000 for battery storage. https://www.cnbc.com/2022/12/15/c...wners.html [cnbc.com]

its okay.. you're still driving a 36k civic and still paying for gas.. i paid $30k for ev and don't pay for charging.. n didn't have to spend 10 hours inside a dealership
1
1

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

Trending Deals