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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 7, 2023 2:50 PM
127 Comments
Joined Jan 2012
whostoblameFeb 7, 2023 2:50 PM
127 Comments
Quote from CycloneFW :
Tesla hasn't enabled matrix lights in software. There is no UI difference with them and the prior light setup unless you use the Tesla light show. The light show spells out T-E-S-L-A with the lights on matrix.
My lights look like the one in the link you provided, so I guess I have those fancy matrix lights. Thanks for the info!
Feb 7, 2023 2:55 PM
87 Comments
Joined Aug 2011
atoolioFeb 7, 2023 2:55 PM
87 Comments
I received my VIN and scheduled delivery date for 2/15/23. I was wondering how everyone makes the payment? I will be paying full upfront for the car. Can I pay when I pick up the car or do I need to pay on the app before I go to pick up the car? Also, if I were to pay with a cashier check on day of delivery who would I make the check out to? Thank you
Feb 7, 2023 3:02 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsFeb 7, 2023 3:02 PM
3.5K Comments
Quote from TheKingofDeals :
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?)
Update:
I was able to speak to my Tower Loan Officer this morning. Got all the docs squared away and she is going to overnight a certified check to Tesla. Sent me FedEx tracking and copy of the check. 2.99% for 60 Months. Finally TFCU comes through Applause

Anyone know if Telsa would allow me to move up my delivery date that is scheduled ?
Can't find a way to even try to reschedule in the app.
Feb 7, 2023 3:03 PM
1K Comments
Joined Mar 2019
CycloneFWFeb 7, 2023 3:03 PM
1K Comments
Quote from atoolio :
I received my VIN and scheduled delivery date for 2/15/23. I was wondering how everyone makes the payment? I will be paying full upfront for the car. Can I pay when I pick up the car or do I need to pay on the app before I go to pick up the car? Also, if I were to pay with a cashier check on day of delivery who would I make the check out to? Thank you
Feb 7, 2023 3:17 PM
679 Comments
Joined Oct 2016
RWelchSFeb 7, 2023 3:17 PM
679 Comments
i got a mylr est delivery is in march. now with the $55 cap off, if upgrade to the myp do i pay the current myp prices or do i paid the delta i would have paid when i bought? fyi bought pre 500 and 1500.
Feb 7, 2023 3:18 PM
88 Comments
Joined Jan 2018
Anasazi318798Feb 7, 2023 3:18 PM
88 Comments
Quote from techie_review :
I thought you had to only open a checking account ? do we have to make a separate donation to their foundation or whatever ?

Eligibility requirements

did you donate $5 to the school ?
Yes, $5 bucks and $45 went into the checking acct.
Feb 7, 2023 3:24 PM
3.1K Comments
Joined Jul 2011
euuser1398928Feb 7, 2023 3:24 PM
3.1K Comments
Quote from atoolio :
I received my VIN and scheduled delivery date for 2/15/23. I was wondering how everyone makes the payment? I will be paying full upfront for the car. Can I pay when I pick up the car or do I need to pay on the app before I go to pick up the car? Also, if I were to pay with a cashier check on day of delivery who would I make the check out to? Thank you
You'll need a bank check or use the app to do an ACH. I did the later

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Feb 7, 2023 3:24 PM
274 Comments
Joined Apr 2005
clauFeb 7, 2023 3:24 PM
274 Comments
Quote from RWelchS :
i got a mylr est delivery is in march. now with the $55 cap off, if upgrade to the myp do i pay the current myp prices or do i paid the delta i would have paid when i bought? fyi bought pre 500 and 1500.
If you ordered the mylr at the pre-hike price, you will get the myp at the pre-hike price. You can change the order u yourself.
Feb 7, 2023 3:24 PM
88 Comments
Joined Jan 2018
Anasazi318798Feb 7, 2023 3:24 PM
88 Comments
Quote from techie_review :
Im decatur, GA so 20mins from ATL,GA. still waiting on my VIN. i wanted to apply but then how would i update the app to have full payment ? currently i have payment through tesla i know its high but thought that would help it transition faster through the process. I have tower pre-approved but still no VIN yet so can't process forward lol ...

MYLR
order 01/17
Black/white
no upgrades.
I'll pick up from Decatur also. I haven't been given a delivery date yet. Gold Coast is just waiting on the motor vehicle purchase agreement to be available, final numbers, and they'll send the money. She said they've done plenty Tesla loans. And no POA needed like Tower.

MYLR
Ordered 1/14
Grey/black
19" wheels and towing.
Feb 7, 2023 3:26 PM
88 Comments
Joined Jan 2018
Anasazi318798Feb 7, 2023 3:26 PM
88 Comments
Quote from techie_review :
I thought you had to only open a checking account ? do we have to make a separate donation to their foundation or whatever ?

Eligibility requirements

did you donate $5 to the school ?
Sorry, it's not a separate transaction though, they'll collect it at the time of membership.
Feb 7, 2023 3:26 PM
3.1K Comments
Joined Jul 2011
euuser1398928Feb 7, 2023 3:26 PM
3.1K Comments
Quote from TheKingofDeals :
Update:
I was able to speak to my Tower Loan Officer this morning. Got all the docs squared away and she is going to overnight a certified check to Tesla. Sent me FedEx tracking and copy of the check. 2.99% for 60 Months. Finally TFCU comes through Applause

Anyone know if Telsa would allow me to move up my delivery date that is scheduled ?
Can't find a way to even try to reschedule in the app.
If you contact them, they will likely let you change your delivery date. I text them the number they sent me the Vin from.

I'm still waiting on Tower membership. It's been 10 business days. Do you have any tips? I plan to just pick up my vehicle tomorrow and pay cash and then refi when tower finally approves my membership.
Feb 7, 2023 3:27 PM
290 Comments
Joined May 2006
2NeolinuxFeb 7, 2023 3:27 PM
290 Comments
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.

I was applying and backed out when they mentioned pulling credit to open account
Did they pull your credit to open account?
I understand pulling credit when applying for loan
Feb 7, 2023 3:31 PM
88 Comments
Joined Jan 2018
Anasazi318798Feb 7, 2023 3:31 PM
88 Comments
Quote from 2Neolinux :
I was applying and backed out when they mentioned pulling credit to open account
Did they pull your credit to open account?
I understand pulling credit when applying for loan
I don't recall that but I was applying for membership for only one reason, the auto loan, so not sure I would have cared.
Feb 7, 2023 3:47 PM
4.4K Comments
Joined Apr 2012
twoweeledFeb 7, 2023 3:47 PM
4.4K Comments
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
Do you know if you can continue to note issues (gaps and stuff) throughout the 30 days, or is it a one time deal? Or, Report them all at one time and you're outta luck after that.

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Feb 7, 2023 3:52 PM
4.4K Comments
Joined Apr 2012
twoweeledFeb 7, 2023 3:52 PM
4.4K Comments
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]
Looks good. Range is lacking, and that's important to me. I wonder what the $60K version is like. I wonder if it qualifies for the battery thing (the entire $7500)? That'll matter big!

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