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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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Feb 2, 2023 3:06 PM
110 Comments
Joined Feb 2008
hobbes9Feb 2, 2023 3:06 PM
110 Comments
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 2, 2023 3:09 PM
254 Comments
Joined Jun 2011
dilbert007Feb 2, 2023 3:09 PM
254 Comments
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 2, 2023 3:13 PM
880 Comments
Joined Dec 2006
t.i.Feb 2, 2023 3:13 PM
880 Comments
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 2, 2023 3:14 PM
535 Comments
Joined Nov 2007
pugxiwawaFeb 2, 2023 3:14 PM
535 Comments
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 2, 2023 3:20 PM
304 Comments
Joined Dec 2016
anhdongtxFeb 2, 2023 3:20 PM
304 Comments
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 2, 2023 3:20 PM
25 Comments
Joined Jan 2006
ddinh001Feb 2, 2023 3:20 PM
25 Comments
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 2, 2023 3:24 PM
254 Comments
Joined Jun 2011
dilbert007Feb 2, 2023 3:24 PM
254 Comments
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 2, 2023 3:28 PM
1.3K Comments
Joined Dec 2015
FishKillaFeb 2, 2023 3:28 PM
1.3K Comments
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 2, 2023 3:28 PM
535 Comments
Joined Nov 2007
pugxiwawaFeb 2, 2023 3:28 PM
535 Comments
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 2, 2023 3:37 PM
254 Comments
Joined Jun 2011
dilbert007Feb 2, 2023 3:37 PM
254 Comments
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 2, 2023 3:38 PM
3.7K Comments
Joined Jul 2019
3.7K Comments
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 2, 2023 3:39 PM
1.3K Comments
Joined Dec 2015
FishKillaFeb 2, 2023 3:39 PM
1.3K Comments
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 2, 2023 3:48 PM
1.2K Comments
Joined Nov 2020
mattymsu25Feb 2, 2023 3:48 PM
1.2K Comments
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 2, 2023 3:53 PM
23 Comments
Joined May 2013
UseridnameFeb 2, 2023 3:53 PM
23 Comments
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 2, 2023 3:55 PM
4.1K Comments
Joined Mar 2006
skinnywallet42Feb 2, 2023 3:55 PM
4.1K Comments
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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