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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 2,618,743 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 03:06 PM
110 Posts
Joined Feb 2008
hobbes9Feb 02, 2023 03:06 PM
110 Posts
Quote from 2Neolinux :
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.
Drove an EV6 the other day back-to-back with a MYLR. I came away liking the EV6 a hair better from a ride standpoint because it absorbed bumps better sacrificing very little in handling. Drove the Ioniq5 over the weekend and came away less impressed with it.
Feb 02, 2023 03:09 PM
254 Posts
Joined Jun 2011
dilbert007Feb 02, 2023 03:09 PM
254 Posts
Quote from IndiaPaleAle :
tesla up 75% in a month & 50k isn't a lot of money for a new car. your negative energy seems misplaced T.I.

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.
Holyshit..dude, you are the Charlie harper of Newport Beach, good for you buddy you made it!
1
Feb 02, 2023 03:13 PM
841 Posts
Joined Dec 2006
t.i.Feb 02, 2023 03:13 PM
841 Posts
Quote from IndiaPaleAle :
tesla up 75% in a month & 50k isn't a lot of money for a new car. your negative energy seems misplaced T.I.

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.
Getting sour huh. Those trillion dollar hands out are finally over. Sorry Lil Jimmy time to get a job. I heard McD's is hiring.
1
Feb 02, 2023 03:14 PM
532 Posts
Joined Nov 2007
pugxiwawaFeb 02, 2023 03:14 PM
532 Posts
Quote from 2Neolinux :
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.
better is all relatives. They all have their own pros and cons. You have to factor in cost + $7500 rebate with Tesla vs EV6/Ioniq 5 which don't qualify. Then you go down the list what are more important to you. Charging network? Technology? Updates? 0-60? Storage space? Ride softness? Dealer? FSD? Sorry only you can decide what's better. Try assigning point system and add them up see which one comes out on top for you.
Feb 02, 2023 03:20 PM
304 Posts
Joined Dec 2016
anhdongtxFeb 02, 2023 03:20 PM
304 Posts
Quote from pugxiwawa :
better is all relatives. They all have their own pros and cons. You have to factor in cost + $7500 rebate with Tesla vs EV6/Ioniq 5 which don't qualify. Then you go down the list what are more important to you. Charging network? Technology? Updates? 0-60? Storage space? Ride softness? Dealer? FSD? Sorry only you can decide what's better. Try assigning point system and add them up see which one comes out on top for you.
True

For ME, tax credit and dealer extra ripoffs make the Model Y the better deal easily
1
Feb 02, 2023 03:20 PM
25 Posts
Joined Jan 2006
ddinh001Feb 02, 2023 03:20 PM
25 Posts
How are you guy able to change order, or give other people your order without losing the order fee?

I decided to change to Model 3, but after contacting Tesla, they said I have to forfeit the $250 order fee.
I order MY 7 White/Black, no updates since. EDD is 2/28-3/31, Pennsylvania.
Feb 02, 2023 03:24 PM
254 Posts
Joined Jun 2011
dilbert007Feb 02, 2023 03:24 PM
254 Posts
Quote from pugxiwawa :
better is all relatives. They all have their own pros and cons. You have to factor in cost + $7500 rebate with Tesla vs EV6/Ioniq 5 which don't qualify. Then you go down the list what are more important to you. Charging network? Technology? Updates? 0-60? Storage space? Ride softness? Dealer? FSD? Sorry only you can decide what's better. Try assigning point system and add them up see which one comes out on top for you.
Hyundai and Kia I guess have reached an agreement with IRS. You can expect some good options soon. This Whole March Artificial deadline is Tesla Hype. You can be rest assured there is going to be plenty of options this year

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Feb 02, 2023 03:28 PM
1,284 Posts
Joined Dec 2015
FishKillaFeb 02, 2023 03:28 PM
1,284 Posts
Quote from sleepybubba :
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.
Just for the record, the comparison to the BMW M3 was started by a Tesla fanboi here, dragonslayer, saying that the Model 3 Performance can smoke an $80K rust bucket BMW M3.

So, this was just fact checking. That's all. Everyone really knows the truth..
1
Feb 02, 2023 03:28 PM
532 Posts
Joined Nov 2007
pugxiwawaFeb 02, 2023 03:28 PM
532 Posts
Quote from dilbert007 :
Hyundai and Kia I guess have reached an agreement with IRS. You can expect some good options soon. This Whole March Artificial deadline is Tesla Hype. You can be rest assured there is going to be plenty of options this year
Is there news update on that? Not seeing any articles about that. As of now they are still excluded. And the 'Made in North America' part of IRA I don't believe is up to IRS interpretation, so if Kia/Hyundai want to be included congress has to update the law. I could be wrong, but it will be tough.
Feb 02, 2023 03:37 PM
254 Posts
Joined Jun 2011
dilbert007Feb 02, 2023 03:37 PM
254 Posts
Quote from pugxiwawa :
Is there news update on that? Not seeing any articles about that. As of now they are still excluded. And the 'Made in North America' part of IRA I don't believe is up to IRS interpretation, so if Kia/Hyundai want to be included congress has to update the law. I could be wrong, but it will be tough.
Hyundai with its new battery plant in GA might qualify for full credit.
2
Feb 02, 2023 03:38 PM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Feb 02, 2023 03:38 PM
3,694 Posts
Quote from FishKilla :
Just for the record, the comparison to the BMW M3 was started by a Tesla fanboi here, dragonslayer, saying that the Model 3 Performance can smoke an $80K rust bucket BMW M3.

So, this was just fact checking. That's all. Everyone really knows the truth..
He's probably a normal person that drives a 4 door sedan in a straight line on city roads and highways. Unfortunately I couldn't get sponsorship at Laguna Seca so the extra 30k+ didn't seem like good ROI. But it's good to know there are some here that quantify how many times they can hard brake from 120mph+ as a feature; sounds very unsafe tbh.
1
2
Feb 02, 2023 03:39 PM
1,284 Posts
Joined Dec 2015
FishKillaFeb 02, 2023 03:39 PM
1,284 Posts
Quote from anhdongtx :
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

Sure OTA updates are great, until Tesla disables a feature, um like radar.

It's OK, that you paid for that feature and didn't consent to losing it, because it is an OTA update so it must be good. LMAOLMAOLMAO
3
Feb 02, 2023 03:48 PM
1,207 Posts
Joined Nov 2020
mattymsu25Feb 02, 2023 03:48 PM
1,207 Posts
Quote from IndiaPaleAle :
He's probably a normal person that drives a 4 door sedan in a straight line on city roads and highways. Unfortunately I couldn't get sponsorship at Laguna Seca so the extra 30k+ didn't seem like good ROI. But it's good to know there are some here that quantify how many times they can hard brake from 120mph+ as a feature; sounds very unsafe tbh.
You're a weird dude.
1
Feb 02, 2023 03:53 PM
23 Posts
Joined May 2013
UseridnameFeb 02, 2023 03:53 PM
23 Posts
Quote from backmenuinfo :
Estimated delivery feb 16-march 16 for the newly listed SR models. SoCal
seems like the dual motor price is bumped and the new non dual motor is priced at 52990
1

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Feb 02, 2023 03:55 PM
4,025 Posts
Joined Mar 2006
skinnywallet42Feb 02, 2023 03:55 PM
4,025 Posts
Quote from veekay4u :
seems like the dual motor price is bumped and the new non dual motor is priced at 52990
This is FAKE NEWS. The wrong info on this thread is crazy.

The ones you see priced at $52,990 is the newer Austin-builds, 4680 battery cell based, Model Y AWD (Dual Motor), standard range.

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