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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.

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12.3K Comments

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Feb 4, 2023 2:13 AM
5.2K Comments
Joined Dec 2009
SDSummerDayFeb 4, 2023 2:13 AM
5.2K Comments
Quote from mixxen :
Interesting! Looks like Tesla downgraded the rear brakes in Aug 2022. The front brakes still have the bigger Brembo brakes, but as you said, same as the MYLR. I guess the MYP gets "performance-looking" red covers. lol.

Not sure about the same motor, as I can't find any references, but it would make sense to standardize production to a single motor type to cut manufacturing costs.
They don't have the same motor, people just feel the need to justify their purchase.


The performing once has 980 motor, the long range has 990 motor. Unless you are the lucky few that get 980 long range model (check your vin 8th digit)

and if they have any idea about brakes.. it is the front brake that does most of work. and in that aspect, performance version. indeed has better front brake systems. it is the rear brake that got downgraded. but lets not make it sounds like they have the same brake without even reading the article they linked

btw, the spec for brake can be obtained on Tesla website under user manual ->subsystem
the front rotors are of different size
Last edited by seanleeforever February 3, 2023 at 06:47 PM.
Original Poster
Feb 4, 2023 2:24 AM
676 Comments
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Feb 4, 2023 2:24 AM
676 Comments
Quote from mixxen :
Interesting! Looks like Tesla downgraded the rear brakes in Aug 2022. The front brakes still have the bigger Brembo brakes, but as you said, same as the MYLR. I guess the MYP gets "performance-looking" red covers. lol.

Not sure about the same motor, as I can't find any references, but it would make sense to standardize production to a single motor type to cut manufacturing costs.
Quote from seanleeforever :
They don't have the same motor, people just feel the need to justify their purchase.


The performing once has 980 motor, the long range has 990 motor. Unless you are the lucky few that get 980 long range model (check your vin 8th digit)

and if they have any idea about brakes.. it is the front brake that does most of work. and in that aspect, performance version. indeed has better front brakes, it is the rear brake that got downgraded. but lets not make it sounds like they have the same brake without even reading the article they linked
8th digit for performance is F while non-performance dual motor is E

Digit 8: Motor/Drive Unit
5 = P2 Dual Motor (Designated for Model S & Model X)
6 = P2 Tri Motor (Designated for Model S & Model X)
A = Single Motor – Standard / Performance (Designated for Model 3)
B = Dual Motor – Standard (Designated for Model 3)
C = Dual Motor – Performance (Designated for Model 3)
D = Single Motor – Standard / Performance (Designated for Model Y)
E = Dual Motor – Standard (Designated for Model Y)
F = Dual Motor – Performance (Designated for Model Y)
1
Feb 4, 2023 2:25 AM
701 Comments
Joined Dec 2015
R0NaldoFeb 4, 2023 2:25 AM
701 Comments
Quote from sidewinder33625 :
some folks prefer practicality to raw performance. riding on those 21" staggered low profile (35 series) will be harsh unless the road is freshly paved. $400+ per tire replacement and there will be a lot of those due to the softer rubber and no rotations. not to mention there will be higher chance of damaging the tire/rim or both by hitting a pothole. ​another point is that it will likely increase the insurance premium. bigger brakes don't mean much when you have regen braking.

not everyone cares about shaving off 1 sec from 0-60. it is not always black and white as you put it and there are definitely tradeoffs. what you get for performance you lose in range, comfort, maintenance costs. you do get nice set of matrix lights though.
Reading about cons of the wheel with performance I feel keeping long range is bettee
Feb 4, 2023 2:37 AM
95 Comments
Joined Jun 2014
CodyClassBFeb 4, 2023 2:37 AM
95 Comments
If I buy the car this month (feb 2023), can I claim the 2022 tax I will be filling this April or do I need to wait until next year when I file 2023 tax? TIA
1
Feb 4, 2023 2:45 AM
2.5K Comments
Joined Aug 2007
sleekwalletFeb 4, 2023 2:45 AM
2.5K Comments
Quote from R0Naldo :
Reading about cons of the wheel with performance I feel keeping long range is bettee

go and test drive both, i didnt find any difference but the slight acceleration boost

I went ahead and changed it to P just to find it easier in a parking lot
Feb 4, 2023 2:46 AM
527 Comments
Joined Feb 2011
SittingMooseFeb 4, 2023 2:46 AM
527 Comments
Quote from SleepingDragon :
That thing looks like you're driving a large toilet around town...
Might as well try to drive an actual toilet around town.
Feb 4, 2023 2:50 AM
1.2K Comments
Joined Nov 2020
mattymsu25Feb 4, 2023 2:50 AM
1.2K Comments
I love how it's just some random lottery on what specs and internals you all are going to get for $50k+ Lolz.
1

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Feb 4, 2023 2:50 AM
3.4K Comments
Joined Jun 2014
EdEd1190Feb 4, 2023 2:50 AM
3.4K Comments
I ordered a MYLR earlier today. After reading through a few dozen (hundred) pages, I switched it to a MYP. Didn't have a VIN assigned yet.

I originally ordered the MYLR with upgraded wheels ($2,000). But the MYP includes upgraded wheels in the base price, along with some other goodies like rear spoiler.

I know it's a trade off, but I'm thinking the MYP is a better value. Especially considering I was originally getting the MYLR with wheel upgrade.

It also moved my delivery date up from March-May to February-March.

I still don't have a VIN assigned, so I can still make changes. Decisions... Decisions...
Last edited by EdEd1190 February 3, 2023 at 06:54 PM.
Feb 4, 2023 2:53 AM
102 Comments
Joined Jul 2007
mixxenFeb 4, 2023 2:53 AM
102 Comments
Quote from seanleeforever :
They don't have the same motor, people just feel the need to justify their purchase.


The performing once has 980 motor, the long range has 990 motor. Unless you are the lucky few that get 980 long range model (check your vin 8th digit)

and if they have any idea about brakes.. it is the front brake that does most of work. and in that aspect, performance version. indeed has better front brake systems. it is the rear brake that got downgraded. but lets not make it sounds like they have the same brake without even reading the article they linked

btw, the spec for brake can be obtained on Tesla website under user manual ->subsystem
the front rotors are of different size
Here is a nice comparison of the M3LR vs M3LR+AB vs M3P. M3P is definitely more performant:

https://youtu.be/rYILIVsvBmg

https://docs.google.com/spreadshe...sp=sharing
Feb 4, 2023 2:53 AM
1.7K Comments
Joined Mar 2006
ilikeallofuFeb 4, 2023 2:53 AM
1.7K Comments
Quote from MurraytheDemonSkull :
8th digit for performance is F while non-performance dual motor is E

Digit 8: Motor/Drive Unit
5 = P2 Dual Motor (Designated for Model S & Model X)
6 = P2 Tri Motor (Designated for Model S & Model X)
A = Single Motor – Standard / Performance (Designated for Model 3)
B = Dual Motor – Standard (Designated for Model 3)
C = Dual Motor – Performance (Designated for Model 3)
D = Single Motor – Standard / Performance (Designated for Model Y)
E = Dual Motor – Standard (Designated for Model Y)
F = Dual Motor – Performance (Designated for Model Y)
Mine is Austin built MYLR but 8th digit VIN is F… on the paper also it says "long range all wheel drive".
Feb 4, 2023 3:05 AM
527 Comments
Joined Feb 2011
SittingMooseFeb 4, 2023 3:05 AM
527 Comments
Quote from EdEd1190 :
I ordered a MYLR earlier today. After reading through a few dozen (hundred) pages, I switched it to a MYP. Didn't have a VIN assigned yet.

I originally ordered the MYLR with upgraded wheels ($2,000). But the MYP includes upgraded wheels in the base price, along with some other goodies like rear spoiler.

I know it's a trade off, but I'm thinking the MYP is a better value. Especially considering I was originally getting the MYLR with wheel upgrade.

It also moved my delivery date up from March-May to February-March.

I still don't have a VIN assigned, so I can still make changes. Decisions... Decisions...
Keep in mind that the MYP will go through tires like crazy. When we were considering a MYLR or MYP, the sales advisor told us that MYPs also can't do tire rotations since they're angled or something. I don't quite remember but, effectively, there are more hidden costs with the performance model.

Also slightly lower range.

But the performance on it is amazing…
Feb 4, 2023 3:10 AM
5.2K Comments
Joined Dec 2009
SDSummerDayFeb 4, 2023 3:10 AM
5.2K Comments
Quote from ilikeallofu :
Mine is Austin built MYLR but 8th digit VIN is F… on the paper also it says "long range all wheel drive".
You got one of the unicorn car that has the performance 980 motor, but sold to you as 990 possibly because part shortage.
which is to say, congratulations
Last edited by seanleeforever February 3, 2023 at 07:13 PM.
Feb 4, 2023 3:23 AM
5.2K Comments
Joined Dec 2009
SDSummerDayFeb 4, 2023 3:23 AM
5.2K Comments
Quote from mattymsu25 :
I love how it's just some random lottery on what specs and internals you all are going to get for $50k+ Lolz.
Completely understand. And I agree with you on this. Not to mention the panel gap and paint issue is also very much a lottery.

But consider the following: buying traditional brand with dealer network is also not unlikel a lottery experience. The cost of the vehicle very much depend on your negotiation skill, dealers negotiation skill, time of the day, temperature and humidity of the shop, and if the stars align.

I just love to see how people buying the same car at the same place at the same time but paying the difference price, and has to develop dedicated skill and spend weeks and month visiting different dealers just to not get riped off too much
Last edited by seanleeforever February 3, 2023 at 07:27 PM.
Feb 4, 2023 3:29 AM
31 Comments
Joined Sep 2013
DonK1988Feb 4, 2023 3:29 AM
31 Comments
Quote from SittingMoose :
Keep in mind that the MYP will go through tires like crazy. When we were considering a MYLR or MYP, the sales advisor told us that MYPs also can't do tire rotations since they're angled or something. I don't quite remember but, effectively, there are more hidden costs with the performance model.

Also slightly lower range.

But the performance on it is amazing…

It called Staggered fitment. Because of it, I bought MYLR instead of MYP.
I have been driving Lexus GS-350 F- Sport around 10 years now and it is Staggered fitment.
I hate it I hate it......yes, it drives well and traction is amazing. However, for the maintenance wise, it costs me more due to No rotation will be made. Also, tire warranty is half of normal, like if tire warranty is 50,000 miles then 25,000 miles. However, it will be worn out before reached the warranty milage. Also from my experience, MYP is much more harder and stiff feel. MYLR is softer and smoother.

Must Test drive both and choose wisely.

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Feb 4, 2023 3:32 AM
314 Comments
Joined Nov 2007
klonoaFeb 4, 2023 3:32 AM
314 Comments
The Model Y just went up in price to 54,990.

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