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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 2,617,473 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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Feb 02, 2023 04:28 AM
841 Posts
Joined Dec 2006
t.i.Feb 02, 2023 04:28 AM
841 Posts
Quote from skinnywallet42 :
You should ask your tax professional/CPA. Or your tax software. I'd trust them more than most the folks here. This thread is 50% assumptions or incorrect info.
Wait 50% is BS. You mean that IPA dude has been using his rear end for the most of his arguments.
2
Feb 02, 2023 04:31 AM
841 Posts
Joined Dec 2006
t.i.Feb 02, 2023 04:31 AM
841 Posts
Quote from IndiaPaleAle :
Will do, thx. I think it's the area though, every time I've checked previously, Geico was the cheapest
What happened! All of sudden you became a penny pincher, Mr. $70k is not a lot for a car.
Spare some for the insurance.
1
Feb 02, 2023 04:34 AM
526 Posts
Joined Mar 2019
ggaproprosFeb 02, 2023 04:34 AM
526 Posts
Quote from t.i. :
Custom car lol. Kool aid is strong.
I dont mean custom as in your custom honda civic that you drive to fast and furious premiers

I mean factory choice of paint, interior, rims, etc.
2
2
Feb 02, 2023 04:35 AM
526 Posts
Joined Mar 2019
ggaproprosFeb 02, 2023 04:35 AM
526 Posts
Quote from mattymsu25 :
Name another company that hadn't updated their cars in almost a decade and offer 4 versions. I'll wait.
Porsche
1
Feb 02, 2023 04:36 AM
841 Posts
Joined Dec 2006
t.i.Feb 02, 2023 04:36 AM
841 Posts
Quote from ggapropros :
I dont mean custom as in your custom honda civic that you drive to fast and furious premiers

I mean factory choice of paint, interior, rims, etc.
Again lol at custom Honda civic. You should go out more son.
2
Feb 02, 2023 05:00 AM
2,522 Posts
Joined Aug 2007
sleekwalletFeb 02, 2023 05:00 AM
2,522 Posts
Quote from bard8910 :
Thanks. I would probably prefer the longer range as well. I am just hoping that my delivery estimate gets updated and I get the car before the tax credit expires. My understanding is that tesla keeps changing/updating the estimated delivery date
They do but it usually moves one or two weeks not months
Feb 02, 2023 05:04 AM
485 Posts
Joined Nov 2008
bard8910Feb 02, 2023 05:04 AM
485 Posts
Quote from sleekwallet :
They do but it usually moves one or two weeks not months
My original estimate was February/March but then got updated to 03/31 to 05/12. Hopefully it's update back to the original time frame.

I ordered MY LR on 01/30 and I am in NJ. Anyone else ordered around that date? If so what's your estimated delivery date

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Pro
Feb 02, 2023 05:04 AM
3,342 Posts
Joined Nov 2005
hondaman82
Pro
Feb 02, 2023 05:04 AM
3,342 Posts
If you want standard range,,, So Cal area has many ready for pick up
https://www.tesla.com/inventory/n...&range=200
Feb 02, 2023 05:24 AM
442 Posts
Joined May 2021
backmenuinfoFeb 02, 2023 05:24 AM
442 Posts
Quote from hondaman82 :
If you want standard range,,, So Cal area has many ready for pick up
https://www.tesla.com/inventory/n...&range=200
Estimated delivery feb 16-march 16 for the newly listed SR models. SoCal
Feb 02, 2023 05:33 AM
470 Posts
Joined May 2011
pisceanFeb 02, 2023 05:33 AM
470 Posts
Edit test
Feb 02, 2023 06:08 AM
526 Posts
Joined Mar 2019
ggaproprosFeb 02, 2023 06:08 AM
526 Posts
Quote from protox :
This car is soulless and crap. Picked up my Model Y last night and I must say, I'd prefer a Corolla. Sure it's fast but nowhere near fun to drive at all. Save your money and buy a golf cart that's what this basically is.
Do you buy cars regularly without test driving them? Tesla is the only company in the world that offers 30 min test drives with an email sign up. no salesperson required. you can do it on your lunch break.
1
Feb 02, 2023 06:24 AM
213 Posts
Joined Feb 2014
erajatFeb 02, 2023 06:24 AM
213 Posts
Quote from ggapropros :
Do you buy cars regularly without test driving them? Tesla is the only company in the world that offers 30 min test drives with an email sign up. no salesperson required. you can do it on your lunch break.
Exactly! What did you expect. It's an electric and drives like one. Funny you bought the car without understanding the feel prior to the purchase. Wish you the best.
Feb 02, 2023 06:25 AM
1,827 Posts
Joined Oct 2004
PassionsFeb 02, 2023 06:25 AM
1,827 Posts
Quote from ggapropros :
Do you buy cars regularly without test driving them? Tesla is the only company in the world that offers 30 min test drives with an email sign up. no salesperson required. you can do it on your lunch break.
Seriously? Woah might have to do this weekend Applause
Feb 02, 2023 06:26 AM
1,827 Posts
Joined Oct 2004
PassionsFeb 02, 2023 06:26 AM
1,827 Posts
Quote from hondaman82 :
If you want standard range,,, So Cal area has many ready for pick up
https://www.tesla.com/inventory/n...&range=200

Ewww for single motor? No thanks.
1

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Feb 02, 2023 06:48 AM
1,597 Posts
Joined Oct 2006
ericdabbsFeb 02, 2023 06:48 AM
1,597 Posts
Quote from Zizo123 :
for the Tower Power of Attorney form, can you get it notarized if you don't yet have a vin# from Tesla? Or should i wait until i get a vin?
My delivery estimate is March 19-31 Frown
LOL how can they notarize a POA form without all the proper information about the car. The VIN is literally how they will track the car. Yes you have to wait.

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