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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 2,618,397 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 02:50 PM
125 Posts
Joined Jan 2012
whostoblameFeb 07, 2023 02:50 PM
125 Posts
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 07, 2023 02:55 PM
86 Posts
Joined Aug 2011
atoolioFeb 07, 2023 02:55 PM
86 Posts
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 07, 2023 03:02 PM
3,419 Posts
Joined Dec 2005
TheKingofDealsFeb 07, 2023 03:02 PM
3,419 Posts
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 07, 2023 03:03 PM
1,015 Posts
Joined Mar 2019
CycloneFWFeb 07, 2023 03:03 PM
1,015 Posts
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
https://www.tesla.com/support/ord...ed-payment
Feb 07, 2023 03:17 PM
669 Posts
Joined Oct 2016
RWelchSFeb 07, 2023 03:17 PM
669 Posts
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 07, 2023 03:18 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 07, 2023 03:18 PM
85 Posts
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 07, 2023 03:24 PM
3,109 Posts
Joined Jul 2011
euuser1398928Feb 07, 2023 03:24 PM
3,109 Posts
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 07, 2023 03:24 PM
274 Posts
Joined Apr 2005
clauFeb 07, 2023 03:24 PM
274 Posts
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 07, 2023 03:24 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 07, 2023 03:24 PM
85 Posts
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 07, 2023 03:26 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 07, 2023 03:26 PM
85 Posts
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 07, 2023 03:26 PM
3,109 Posts
Joined Jul 2011
euuser1398928Feb 07, 2023 03:26 PM
3,109 Posts
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 07, 2023 03:27 PM
290 Posts
Joined May 2006
2NeolinuxFeb 07, 2023 03:27 PM
290 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.

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 07, 2023 03:31 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 07, 2023 03:31 PM
85 Posts
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 07, 2023 03:47 PM
4,332 Posts
Joined Apr 2012
twoweeledFeb 07, 2023 03:47 PM
4,332 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
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 07, 2023 03:52 PM
4,332 Posts
Joined Apr 2012
twoweeledFeb 07, 2023 03:52 PM
4,332 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]
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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