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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 6, 2023 6:01 PM
5 Comments
Joined Jan 2023
WiseWing376Feb 6, 2023 6:01 PM
5 Comments
.delete

Off topic question. How do I delete my reply here? I see a button to edit it, but not to remove it.
Last edited by WiseWing376 February 6, 2023 at 10:07 AM.
Feb 6, 2023 6:02 PM
201 Comments
Joined Nov 2016
sm1907Feb 6, 2023 6:02 PM
201 Comments
What are the current auto finance rates? is 5.24 a good deal?
1
Feb 6, 2023 6:03 PM
804 Comments
Joined Sep 2013
chucktaylurFeb 6, 2023 6:03 PM
804 Comments
Anyone in NY planning to cancel their MYLR please dm me. Thanks.
Feb 6, 2023 6:09 PM
18 Comments
Joined Feb 2020
hoosieraryFeb 6, 2023 6:09 PM
18 Comments
Quote from CycloneFW :
I know of five that were wrapped up in the last week for the loans. I, along with another few, were approved for membership last week. They are working through it, but folks have reported being told that there are only two employees who do this, so there is only so much they can get done in a day.

Thankfully, even though I'm fully approved, I set up alternative arrangements and will just refinance through Tower, so I do not need to be concerned between Tower taking days and Tesla only giving days when the time comes.
Took delivery of my MYLR last Friday. Loan was funded on time by Tower so no issues there, other than some persistence in advance of the delivery date. Really enjoy the car so far, but definitely not at the same trim standard as my X5 that I moved from. One thing that was odd was that the delivery rep indicated that I was not allowed to inspect the interior of the vehicle prior to delivery, but that I had 24 hours to reject the vehicle if not satisfied.
Feb 6, 2023 6:12 PM
40 Comments
Joined Jul 2020
IMAFriendFeb 6, 2023 6:12 PM
40 Comments
Quote from techie_review :
Mine shows as pending as well No VIN yet .

Ordered 01/17
White/Black
no upgrades
ATL, GA
I have a Mid-range 3 and the MYLR on order, the new MYLR will be for the wife who really does NOT need long range, but we'll use it when we travel, so it's worth it in that case.
​I thiink the Long Range vs Standard Range is 100% worth the small cost difference.
*I'm unsure if I would prefer the Performance, the speed boost and fun factor is nice, but you lose range, and wear out the more expensive tires quicker. I'd consider if it was a nearby inventory model, but prefer just getting mine as planned.

That being noted, if you are at all interested in the Standard range, I see them going by in inventory all the time. Sometimes with bigger tires, but Standard Range White with Black interior is pretty easy to find, if you want to 'downgrade'. That way you skip the wait and worry, and even save a few bucks.

For example: there's one in Savannah at the moment:
https://www.tesla.com/inventory/n...&range=200

Also two in Florida and one. in Tennessee
Feb 6, 2023 6:16 PM
40 Comments
Joined Jul 2020
IMAFriendFeb 6, 2023 6:16 PM
40 Comments
Quote from EdEd1190 :
Now I wish I had ordered the tow hitch. I don't ever tow anything, but would be nice for things like bicycle racks and such. Looks like you can order it later for $1,300. But only $1,000 if you build it with one. And probably cleaner installation if it is part of the factory build.

I have the P with no VIN at the lower price.

Has anyone modified there order to add the Tow Hitch? How did that effect price and delivery date?
From what I've read and thought about, and mind you I'm not expert, if you plan to use a hitch for non-trailer items (bike rack, luggage rack, etc) then you can do an aftermarket hitch pretty easily. There are even videos that show how to do it yourself. It won't include all of the software side of things, but not sure you really need it for those functions.

I want a hitch, the wife doesn't. So for us, if we ever decide down the road we need it, we'll buy it from Tesla. Rather pay an extra $300 down the line on a 'possibly' than waste $1000 now on that same 'probably not.'

If you plan that you will trailer things later, motorcycles, small boats, (big boats?), etc then it's better to get it now. (Unless it kills your edd)
Feb 6, 2023 6:18 PM
2 Comments
Joined Feb 2023
MahiGFeb 6, 2023 6:18 PM
2 Comments
Looking for MODEL Y LR in NJ and let me know if anyone willing to transfer.

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Feb 6, 2023 6:23 PM
1.4K Comments
Joined Oct 2017
techie_reviewFeb 6, 2023 6:23 PM
1.4K Comments
Quote from IMAFriend :
I have a Mid-range 3 and the MYLR on order, the new MYLR will be for the wife who really does NOT need long range, but we'll use it when we travel, so it's worth it in that case.
​I thiink the Long Range vs Standard Range is 100% worth the small cost difference.
*I'm unsure if I would prefer the Performance, the speed boost and fun factor is nice, but you lose range, and wear out the more expensive tires quicker. I'd consider if it was a nearby inventory model, but prefer just getting mine as planned.

That being noted, if you are at all interested in the Standard range, I see them going by in inventory all the time. Sometimes with bigger tires, but Standard Range White with Black interior is pretty easy to find, if you want to 'downgrade'. That way you skip the wait and worry, and even save a few bucks.

For example: there's one in Savannah at the moment:
https://www.tesla.com/inventory/n...&range=200 [tesla.com]

Also two in Florida and one. in Tennessee
Sorry should have added that i got the MYLR

Mine shows as pending as well No VIN yet .

Ordered 01/17
White/Black
no upgrades
ATL, GA

The one you linked is for the standard range I would rather wait for the LR model which i ordered. 330 miles compared to 269Mi is a big diff for me

Also for me i didn't want to upgrade from MYLR to MYP because of everything you mentioned. also the LY model comes with an additional software you get can unlocked for 2K i believe and it will take your 0-60 from 4.3 seconds to 3.9 seconds. dont really care for speed that much but its just an software update needed which is pretty cool
Last edited by techie_review February 6, 2023 at 10:30 AM.
Feb 6, 2023 6:35 PM
4.4K Comments
Joined Feb 2010
turns2stoneFeb 6, 2023 6:35 PM
4.4K Comments
Quote from pugxiwawa :
Who wants to carry around keyfob after driving a Tesla?
I went to a sporting event a couple of weeks ago, and went through the normal metal detectors. After placing my wallet/phone in a tray, guard presses me for my keys.

"I don't have any keys". He keeps pressing me to check my pockets. "Sir, I drive a Tesla, they don't use keys". He's still somewhat confused... "OK Mr. Tesla come on through".
1
Feb 6, 2023 6:36 PM
3.4K Comments
Joined Jun 2014
EdEd1190Feb 6, 2023 6:36 PM
3.4K Comments
Quote from IMAFriend :
From what I've read and thought about, and mind you I'm not expert, if you plan to use a hitch for non-trailer items (bike rack, luggage rack, etc) then you can do an aftermarket hitch pretty easily. There are even videos that show how to do it yourself. It won't include all of the software side of things, but not sure you really need it for those functions.

I want a hitch, the wife doesn't. So for us, if we ever decide down the road we need it, we'll buy it from Tesla. Rather pay an extra $300 down the line on a 'possibly' than waste $1000 now on that same 'probably not.'

If you plan that you will trailer things later, motorcycles, small boats, (big boats?), etc then it's better to get it now. (Unless it kills your edd)
Thanks. I think I'll pass. Quick Google search shows a few options for bikes that don't need a hitch at all. Can get the Tesla roof racks for $500 (which I wanted to do anyway later), and get a bike rack that mounts on the roof rack. Or even soft external mount for the trunk. Since the roof is all glass, they even have one that is a suction cup roof rack. So a bunch of options available that don't require hitch.

I guess if you actually plan to pull stuff and need the trailer hitch and connection for turn signals and brake light, then would need the hitch.
Last edited by EdEd1190 February 6, 2023 at 10:40 AM.
Feb 6, 2023 6:38 PM
40 Comments
Joined Jul 2020
IMAFriendFeb 6, 2023 6:38 PM
40 Comments
(Edit - Gone, that was fast.)

Could be a good deal for one of you!
Pro (cheap, available, performance)
Con (2022, Demo)


2022 Model Y
Model Y Performance Dual Motor All-Wheel Drive
2,288 mile odometer
Available for local delivery in Phoenix
$51,990
$799 /mo
Demo Vehicle
Last edited by IMAFriend February 6, 2023 at 10:44 AM.
Feb 6, 2023 6:40 PM
40 Comments
Joined Jul 2020
IMAFriendFeb 6, 2023 6:40 PM
40 Comments
Quote from techie_review :
Sorry should have added that i got the MYLR

Mine shows as pending as well No VIN yet .

Ordered 01/17
White/Black
no upgrades
ATL, GA

The one you linked is for the standard range I would rather wait for the LR model which i ordered. 330 miles compared to 269Mi is a big diff for me

Also for me i didn't want to upgrade from MYLR to MYP because of everything you mentioned. also the LY model comes with an additional software you get can unlocked for 2K i believe and it will take your 0-60 from 4.3 seconds to 3.9 seconds. dont really care for speed that much but its just an software update needed which is pretty cool
Yeah, figured you were getting an MYLR. Was just noting that 'if you didn't want to wait' that other option was there. Sounds like we're in teh same boat, and both about the same date.

Not sure how the software option works, don't hear much about it, but not too worried about it, it's the bottom of the priority list.
Feb 6, 2023 6:50 PM
2.5K Comments
Joined Aug 2007
sleekwalletFeb 6, 2023 6:50 PM
2.5K Comments
Quote from IMAFriend :
(Edit - Gone, that was fast.)

Could be a good deal for one of you!
Pro (cheap, available, performance)
Con (2022, Demo)


2022 Model Y
Model Y Performance Dual Motor All-Wheel Drive
2,288 mile odometer
Available for local delivery in Phoenix
$51,990
$799 /mo
Demo Vehicle
do the demos qualify for the tax credit?
Feb 6, 2023 6:50 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsFeb 6, 2023 6:50 PM
3.5K Comments
Quote from CycloneFW :
I know of five that were wrapped up in the last week for the loans. I, along with another few, were approved for membership last week. They are working through it, but folks have reported being told that there are only two employees who do this, so there is only so much they can get done in a day.

Thankfully, even though I'm fully approved, I set up alternative arrangements and will just refinance through Tower, so I do not need to be concerned between Tower taking days and Tesla only giving days when the time comes.
That is good to hear hopefully they get to mine in next 7 business days. How long do we need to give if we don't hear for them to do the Tesla financing route as back up? (I.E what is turnaround once you apply with Tesla Financing, how many days?)

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Feb 6, 2023 7:01 PM
164 Comments
Joined Apr 2013
RevanriviaFeb 6, 2023 7:01 PM
164 Comments
Quote from hoosierary :
Took delivery of my MYLR last Friday. Loan was funded on time by Tower so no issues there, other than some persistence in advance of the delivery date. Really enjoy the car so far, but definitely not at the same trim standard as my X5 that I moved from. One thing that was odd was that the delivery rep indicated that I was not allowed to inspect the interior of the vehicle prior to delivery, but that I had 24 hours to reject the vehicle if not satisfied.
You sure the rep said reject? My rep said I have 24 hours to log any issues for them to look at during a service appointment. Didn't say I could reject. I didn't have any significant issues though.

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