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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 2,618,571 Views
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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 02:00 PM
304 Posts
Joined Dec 2016
anhdongtxFeb 02, 2023 02:00 PM
304 Posts
Quote from mattymsu25 :
Name another company that hadn't updated their cars in almost a decade and offer 4 versions. I'll wait.
Name another car that give you software update with new features monthly
1
Feb 02, 2023 02:02 PM
304 Posts
Joined Dec 2016
anhdongtxFeb 02, 2023 02:02 PM
304 Posts
Quote from FishKilla :
Tesla fanbois define performance as 0-60. As soon as you deviate from that their head explodes.
Tesla model Y lost to $80K car

Cool
1
Feb 02, 2023 02:03 PM
254 Posts
Joined Jun 2011
dilbert007Feb 02, 2023 02:03 PM
254 Posts
Quote from IndiaPaleAle :
Bingo. Premiers in Santa Barbara; 140mi from home & free Motel 6 Level I charging, win win
Now, what are you cooking up with more personal attacks than facts?
Tesla is stuck with a shit load of inventory.. when you have a fraction of your projected demand on hand + plus cancelations..you can deliver even within in 1 week let alone, provided they know how to fix those QC issues 😆.
1
Feb 02, 2023 02:24 PM
304 Posts
Joined Dec 2016
anhdongtxFeb 02, 2023 02:24 PM
304 Posts
Quote from dilbert007 :
Now, what are you cooking up with more personal attacks than facts?
Tesla is stuck with a shit load of inventory.. when you have a fraction of your projected demand on hand + plus cancelations..you can deliver even within in 1 week let alone, provided they know how to fix those QC issues 😆.
I rather have surplus inventories if that's even true vs can't make enough car and have your dealers ripping off customers
1
Feb 02, 2023 02:29 PM
16,332 Posts
Joined Nov 2006
psycttoFeb 02, 2023 02:29 PM
16,332 Posts
Quote from anhdongtx :
Name another car that give you software update with new features monthly
I love we live in a world where releasing an unfinished product and later completing the task with OTA updates is praised…
Obviously not just a Tesla thing, it's across the board in the consumer market. OTA updates really made the release target a different animal 😉
Feb 02, 2023 02:32 PM
304 Posts
Joined Dec 2016
anhdongtxFeb 02, 2023 02:32 PM
304 Posts
Quote from psyctto :
I love we live in a world where releasing an unfinished product and later completing the task with OTA updates is praised…
Obviously not just a Tesla thing, it's across the board in the consumer market. OTA updates really made the release target a different animal 😉
Sure, you get that with tech these days all the time, how many OS updates do you get on your laptop and phones?

Anyway it's not unfinished. You decide if you want to buy the product at the time. Updates are just bonus unless it's bug fixes of course
1
Feb 02, 2023 02:37 PM
254 Posts
Joined Jun 2011
dilbert007Feb 02, 2023 02:37 PM
254 Posts
Quote from anhdongtx :
I rather have surplus inventories if that's even true vs can't make enough car and have your dealers ripping off customers
Well, I agree to dealer ripoffs if you don't do your homework and get desperate to buy a car at any cost/ process. Sounds familiar just look at this thread Tesla is technically your dealer (they don't have a dealership network), but add up that layer "as a premium product", despite having a very minimalistic interior, QC issues, and questionable real-life mileage

The argument here is not to say "Don't Buy Tesla", we have better options out there for 50k +. The whole EV revolution/transformation has to be more affordable and meaningful not some gimmick that with the software updates of fart sounds. EVEN for SD standards this is a lukewarm deal at the most.
2

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Feb 02, 2023 02:41 PM
290 Posts
Joined May 2006
2NeolinuxFeb 02, 2023 02:41 PM
290 Posts
Quote from psyctto :
I love we live in a world where releasing an unfinished product and later completing the task with OTA updates is praised…
Obviously not just a Tesla thing, it's across the board in the consumer market. OTA updates really made the release target a different animal 😉
Not having OTA updates will make automobiles functionality of radio and screen display obsolete or expensive to replace, I have 2016 Honda Accord EX where the screen keeps rebooting every half an hour while you are using it with Apply Car Play or Android Auto
Not having new Digital FM stations because radio cannot be updated

It would be nice to have PCs and Mobile phones that will never need updates but I assume it is part and parcel of Software evolution where one must provide additional improvements and functionality incrementally to be relevant and meet the demands of consumer and stay ahead of competition. Even ChatGPT and all AI world needs constant updates to be relevant
Pro
Feb 02, 2023 02:44 PM
6,699 Posts
Joined Oct 2005
sleepybubba
Pro
Feb 02, 2023 02:44 PM
6,699 Posts
Quote from Legosandmcgrew :
Loses how? The M3 destroys the Model 3 in any sort of spirited driving. How many times can the Model 3 slow down from 120 mph before the brakes are cooked? 2? 3?

Even if the M3 does have the same interior quality as a base 3 Series (it doesn't), that is leagues better than the joke Tesla interior. I cannot believe anyone can argue in good faith that Tesla has passable interior quality. If you don't care about it, fine, you do you, but Tesla interiors are among the worst in the US market.

I'm clearly arguing with someone who has zero performance driving experience. Stop light racing doesn't count.
On the interior - I have to agree with you. It took me some time to adjust to the Model Y interior coming from Audi SQ5 with Napa leather (hope tree-huggers' brains stay intact). I guess if you start playing EV game, your priorities shift such that unless you are buying the 150K+ car - your interior standard stay at the Toyota Corolla level.

On the driving though - it's completely different dynamics. M3 is a performance tuned car and it's not fair comparing it with mainstream small sedan. The Model 3 is more in the leagues with BMW 335 or Audi A4 and in that comparison it beats them hands down.
Feb 02, 2023 02:47 PM
290 Posts
Joined May 2006
2NeolinuxFeb 02, 2023 02:47 PM
290 Posts
Quote from dilbert007 :
Well, I agree to dealer ripoffs if you don't do your homework and get desperate to buy a car at any cost/ process. Sounds familiar just look at this thread Tesla is technically your dealer (they don't have a dealership network), but add up that layer "as a premium product", despite having a very minimalistic interior, QC issues, and questionable real-life mileage

The argument here is not to say "Don't Buy Tesla", we have better options out there for 50k +. The whole EV revolution/transformation has to be more affordable and meaningful not some gimmick that with the software updates of fart sounds. EVEN for SD standards this is a lukewarm deal at the most.
Please advise on which better option is out there for 50K in EV world
I looked at Ford MachE and was ready to buy last year but none were available
Looked at VW and same case, had to get in long line and did not have AWD when I checked for availability, not to mention that most EVs are new to market and all will have some recalls
I have Acura RDX with panel gaps all around, does not make it a bad car.
Feb 02, 2023 02:50 PM
1,286 Posts
Joined Jan 2008
mankuFeb 02, 2023 02:50 PM
1,286 Posts
Every one seems to think the minimilast interior is a bad thing

I was a little apprehensive at first, but after 8 months (M3SR+), I've come to love it. Cars have become too complicataed with too much stuff...it's like watking into a cockpit.

I just want to get in and drive, and not be distracted. Surprisingly, once you learn how to operate the Tesla, it's really simple.

I just took a test drive the other day in a Mercedes EQS AMG electric car....I've never seen so many buttons, switches and different inputs in my life. It made my head sping. I'd never been happier to get back into my 40K car...which I could by 5 of for the same price as the Mercedes!
Feb 02, 2023 02:57 PM
1,433 Posts
Joined Oct 2017
techie_reviewFeb 02, 2023 02:57 PM
1,433 Posts
Quote from NaveenG :
How strong is the regen brakes, say if we are going at 40 mph or on highway speeds. Does it put sudden brake kind of a thing or basically it slows down the speed
So the brakes are pretty strong well atleast for me, i drove my cousins model 3 for a week and i found the regen brakes were really strong, so what i initially did was put the car in "roll" mode for 2/3 days to get used to the regen braking but after the 3rd day it was super easy to use regen braking. I loved it to just use one pedal to brake and go.
Feb 02, 2023 02:57 PM
1,595 Posts
Joined Nov 2006
sidewinder33625Feb 02, 2023 02:57 PM
1,595 Posts
Quote from dilbert007 :
Well, I agree to dealer ripoffs if you don't do your homework and get desperate to buy a car at any cost/ process. Sounds familiar just look at this thread Tesla is technically your dealer (they don't have a dealership network), but add up that layer "as a premium product", despite having a very minimalistic interior, QC issues, and questionable real-life mileage

The argument here is not to say "Don't Buy Tesla", we have better options out there for 50k +. The whole EV revolution/transformation has to be more affordable and meaningful not some gimmick that with the software updates of fart sounds. EVEN for SD standards this is a lukewarm deal at the most.
i get that you are trying to discourage buying a tesla but continuing to bump the thread does not help but actually draws more attention to it.
1
Feb 02, 2023 03:01 PM
18 Posts
Joined Feb 2020
hoosieraryFeb 02, 2023 03:01 PM
18 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
Not sure if they just missed this with my loan, but I never provided a POA and the loan was funded.

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Feb 02, 2023 03:01 PM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Feb 02, 2023 03:01 PM
3,694 Posts
Quote from dilbert007 :
Now, what are you cooking up with more personal attacks than facts?
Tesla is stuck with a shit load of inventory.. when you have a fraction of your projected demand on hand + plus cancelations..you can deliver even within in 1 week let alone, provided they know how to fix those QC issues 😆.
tesla up 75% in a month & 50k isn't a lot of money for a new car. your negative energy seems misplaced T.I.
Quote from t.i. :
Living standard dropping like bag of sand huh. Running out of free money I guess.
50k isn't a lot of money for a new car, dilbert007. Esp for someone in Newport Beach.

Have a nice day, t.i. 007.
1

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