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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 2,616,972 Views
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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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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 07, 2023 03:35 AM
125 Posts
Joined Jan 2012
whostoblameFeb 07, 2023 03:35 AM
125 Posts
Quote from foxblur :
Did your MYP come with matrix headlights? Is it an Austin or Fremont build?
Fremont build and no matrix lights.
Feb 07, 2023 03:40 AM
869 Posts
Joined Apr 2010
KingCoopFeb 07, 2023 03:40 AM
869 Posts
Quote from Nos4r2 :
I started on 1/20. The LO I was assigned to went on vacation but hurried me through the same day she got back. Underwriting took an add'l 6 days after LO transferred me to that Dept.
You're saying you first applied for membership on 1/20?

I applied for membership on 1/18 and it still shows as "referred." GCFCU hasn't reached out to initiate membership nor have they responded to any request in the online application portal.
Feb 07, 2023 03:53 AM
3,109 Posts
Joined Jul 2011
euuser1398928Feb 07, 2023 03:53 AM
3,109 Posts
Quote from whostoblame :
Fremont build and no matrix lights.
Ya I had heard MYP from Fremont might not have matrix. It's odd these cars have so much variation. I'll be test driving a MYP so I can compare
Feb 07, 2023 03:54 AM
869 Posts
Joined Apr 2010
KingCoopFeb 07, 2023 03:54 AM
869 Posts
Quote from foxblur :
Thanks for the reply. I've spoken to Tower twice and both times they have been very nice about the situation that they have an overwhelming amount of applicants and they can't fast track me. I am preapproved but still waiting on membership. Currently I've heard nothing from them and it has been 7 business days.
I pickup my MYLR on Wednesday (unless I switch to a MYP-still debating) and I moved around some things so I can just pay Tesla in cash. Gotta figure out how they want me to do that. Then I'll refi with tower whenever they reach out to me. Hopefully my vehicle passes my 100 point inspection lol. Did yours? Did you decide to start paying immediately or wait 90 days?
I ended up cancelling my reservation for a MYLR and got an Ioniq 5. No particular reason other than I like the design of the Ioniq more. Best of wishes to you during inspection!

I went with the 90-day option as there is no penalty for prepayment. I may start paying this month or I might take that same cash and drop it in a high-yield savings paying 3.30% or a 11-month CD paying 5.00%.
Feb 07, 2023 04:04 AM
52 Posts
Joined Oct 2013
theone89Feb 07, 2023 04:04 AM
52 Posts
Guys can you please suggest a credit union for non citizen/GC holders which provides the best interest rate?
Feb 07, 2023 04:06 AM
194 Posts
Joined Nov 2006
RaySFeb 07, 2023 04:06 AM
194 Posts
Quote from foxblur :
Ya I had heard MYP from Fremont might not have matrix. It's odd these cars have so much variation. I'll be test driving a MYP so I can compare
Regarding the Matrix headlights, what should I look for when taking delivery? How can I tell if my MYLR Silver/Black&White has the Matrix lights?
Thanks.
Feb 07, 2023 04:14 AM
1,015 Posts
Joined Mar 2019
CycloneFWFeb 07, 2023 04:14 AM
1,015 Posts
Quote from whostoblame :
Fremont build and no matrix lights.
Are you sure? This would be the first Freemont build we've heard not come with matrix lights since December or so. I can saw all dozen or so long range (and one performance) I saw over the weekend had matrix. They were all PF663xxx with the performance being a PF665xxx.

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Feb 07, 2023 04:18 AM
3,109 Posts
Joined Jul 2011
euuser1398928Feb 07, 2023 04:18 AM
3,109 Posts
Quote from RayS :
Regarding the Matrix headlights, what should I look for when taking delivery? How can I tell if my MYLR Silver/Black&White has the Matrix lights?
Thanks.
https://youtu.be/vd0fRQuYRQM
It has a projector (circle) on the far outside of the headlight vs a reflector (being phased out). Currently it appear they are only on Fremont vehicles MYLR (possibly on MYP but unlikely). I'm not sure about MYAWD out of Texas.
Feb 07, 2023 04:19 AM
3,109 Posts
Joined Jul 2011
euuser1398928Feb 07, 2023 04:19 AM
3,109 Posts
Quote from CycloneFW :
Are you sure? This would be the first Freemont build we've heard not come with matrix lights since December or so. I can saw all dozen or so long range (and one performance) I saw over the weekend had matrix. They were all PF663xxx with the performance being a PF665xxx.
Fremont MYLR yes. MYP is uncertain.
Pro
Feb 07, 2023 04:32 AM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Feb 07, 2023 04:32 AM
396 Posts
Does anyone know how to report panel gap in the app ?
Is it through service or other option ?
I have less than 50 miles and its not even been 24hours.. Thanks
Feb 07, 2023 04:38 AM
1,015 Posts
Joined Mar 2019
CycloneFWFeb 07, 2023 04:38 AM
1,015 Posts
Quote from MaroonCircle6262 :
Does anyone know how to report panel gap in the app ?
Is it through service or other option ?
I have less than 50 miles and its not even been 24hours.. Thanks
You raise a service request via the app. You can put the panel gap specifics in the notes.
Feb 07, 2023 05:06 AM
499 Posts
Joined Feb 2023
LivelyTree6515Feb 07, 2023 05:06 AM
499 Posts
Quote from KingCoop :
I ended up cancelling my reservation for a MYLR and got an Ioniq 5. No particular reason other than I like the design of the Ioniq more. Best of wishes to you during inspection!

I went with the 90-day option as there is no penalty for prepayment. I may start paying this month or I might take that same cash and drop it in a high-yield savings paying 3.30% or a 11-month CD paying 5.00%.
Robinhood accounts you can join their Gold and get 4.3% for $5 a month fee
Feb 07, 2023 05:10 AM
15,359 Posts
Joined Sep 2009
KnightshadeFeb 07, 2023 05:10 AM
15,359 Posts
Quote from missellie :
Have you taken a look at the new Lexus RZ being released this year? https://www.lexus.com/future/RZ?pdsrch=SEM:700000001228668:GOOGLE:71700000091780883:5870000773167031... [lexus.com]

Lexus just released specs and pricing.

It's hilariously terrible.

The base model is $59,650 before options, and offers 220 miles of range.

That's almost $5000 more than the 330 mile LR Model Y.

Even more embarrassing, the "luxury" trim of the Lexus is $65,150 before options and offers 196 miles of range

In 2023.



Toyota/Lexus is Nokia in the late 2000s right now reacting with utter incompetence to the iphone.
Feb 07, 2023 05:41 AM
5,855 Posts
Joined Nov 2004
corenomFeb 07, 2023 05:41 AM
5,855 Posts
Anyone in Portland ordered Model Y LR, got the VIN and planning to cancel , let me know. I'll buy off you.

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Feb 07, 2023 05:48 AM
1,649 Posts
Joined Sep 2006
corpomonkeyFeb 07, 2023 05:48 AM
1,649 Posts
If anyone in NJ ordered Model Y LR and planning to cancel , let me know. Thanks.

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