Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
expiredMurraytheDemonSkull posted Jan 13, 2023 4:18 AM

2023 Tesla Model Y + $7,500 Federal Tax Credit

$52,990

$52,990

(For Qualifying Buyers)
2.7M Views
Visit Retailer
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

Community Voting

Deal Score
+839
Good Deal
Visit Retailer

Top Comments

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

12.3K Comments

Sign up for a Slickdeals account to remove this ad.

Feb 7, 2023 3:54 PM
3.1K Comments
Joined Jul 2011
euuser1398928Feb 7, 2023 3:54 PM
3.1K Comments
Quote from twoweeled :
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.
What are the gap limitations?
Feb 7, 2023 3:54 PM
679 Comments
Joined Oct 2016
RWelchSFeb 7, 2023 3:54 PM
679 Comments
any idea on how to delay my delivery? i order late jan. delivery is slated to be 3/1-3/31. need to sell an old car to clear up space.
Feb 7, 2023 4:00 PM
1.4K Comments
Joined Oct 2017
techie_reviewFeb 7, 2023 4:00 PM
1.4K Comments
Quote from Nos4r2 :
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.
Do you think i should apply for the membership and loan all together or wait till i have the VIN ? ...
Feb 7, 2023 4:05 PM
2.6K Comments
Joined Oct 2006
sussigFeb 7, 2023 4:05 PM
2.6K Comments
Quote from CycloneFW :
You raise a service request via the app. You can put the panel gap specifics in the notes.
and service team will then just tell u gap is within tesla spec and do nothing lol. i reported 7 different gaps and only 3 of them were adjusted. rest just within spec. my frunk gap is so wide that i can see the inside through gap
Feb 7, 2023 4:06 PM
4.4K Comments
Joined Apr 2012
twoweeledFeb 7, 2023 4:06 PM
4.4K Comments
Quote from VLAN101 :
Ordered MYLR white without any addons on 1/18 with estimate delivery Jan-Mar. Today delivery got updated with Mar30-Mar31. Looks like federal credit won't be there (or may be) in March and if the delivery slips into April for any reason, for sure it won't be there.

Looks like I am at a loss of $250.
Oh CRAP!! That's a lot later than I had planned on. I ordered originally on Jan 16, but changed my order. Est del date got pushed out about 2 weeks "at that time." I wonder if they'll push my del date even further out like you. I think there could be some cushion on the date. Government isn't known for being speedy, except for voting themselves a raise. But if there's some sort of political statement being made, they may render a decision March 1st. I'm in the same boat as you. I think $250 is worth the risk.
Feb 7, 2023 4:06 PM
3.5K Comments
Joined Dec 2005
TheKingofDealsFeb 7, 2023 4:06 PM
3.5K Comments
Quote from foxblur :
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.
Thanks I texted them. I called the Tower 800 number asked them to expedite my membership. They told me I had to wait and then someone called me later that day. Not sure if I was lucky of if they actually expedited the request.

Edit they responded via text that the M3P wouldn't arrive until 2/18 so my booked date is the earliest. Oh well atleast the CU loan stuff is in place as I was stressing the no response and timing of it.
Last edited by TheKingofDeals February 7, 2023 at 02:16 PM.
Feb 7, 2023 4:09 PM
1K Comments
Joined Mar 2019
CycloneFWFeb 7, 2023 4:09 PM
1K Comments
Quote from foxblur :
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.
The recommendation is to just do your existing plan. No sense in stressing and trying to get Tower to overnight a check today vs. another week or two.

Sign up for a Slickdeals account to remove this ad.

Feb 7, 2023 4:10 PM
3.1K Comments
Joined Jul 2011
euuser1398928Feb 7, 2023 4:10 PM
3.1K Comments
Quote from TheKingofDeals :
Thanks I texted them. I called the Tower 800 number asked them to expedite my membership. They told me I had to wait and then someone called me later that day. Not sure if I was lucky of if they actually expedited the request.
Well they've dragged on too long now but I'll try that again with them. If they take too much longer, my 30 day preapproval will expire.
Feb 7, 2023 4:13 PM
3.1K Comments
Joined Jul 2011
euuser1398928Feb 7, 2023 4:13 PM
3.1K Comments
Quote from CycloneFW :
The recommendation is to just do your existing plan. No sense in stressing and trying to get Tower to overnight a check today vs. another week or two.
Ha ya. I'll just get them to refi. But my cash plan wasn't without stress. I had to make some market sales and get past some withdrawal limits. It's not something I do every day and the platform I use told me my actions appeared high risk. I was like give me my damn money
Feb 7, 2023 4:15 PM
1K Comments
Joined Mar 2019
CycloneFWFeb 7, 2023 4:15 PM
1K Comments
Quote from foxblur :
Ha ya. I'll just get them to refi. But my cash plan wasn't without stress. I had to make some market sales and get past some withdrawal limits. It's not something I do every day and the platform I use told me my actions appeared high risk. I was like give me my damn money
I had the cash, but I wasn't sure yet that Tower would refi from a free and clear title (many lenders do, but not all do). Thus, I ended up getting a loan from DCU. I've worked with them in the past (and was already a member), so they got it done same day.

Now that I'm a Tower member, I see cash out/free-and-clear title is an option on the app process from inside their portal, so they should be able to support it.
Feb 7, 2023 4:20 PM
3.1K Comments
Joined Jul 2011
euuser1398928Feb 7, 2023 4:20 PM
3.1K Comments
Quote from CycloneFW :
I had the cash, but I wasn't sure yet that Tower would refi from a free and clear title (many lenders do, but not all do). Thus, I ended up getting a loan from DCU. I've worked with them in the past (and was already a member), so they got it done same day.

Now that I'm a Tower member, I see cash out/free-and-clear title is an option on the app process from inside their portal, so they should be able to support it.
I really appreciate you confirming that. I only saw the rate is the same for a "used" vehicle so I guess I assumed they would let me refi a title I own. I doubt they will let me for the full value of the vehicle as now it is used but we'll see. I'll be ok no matter what.
Feb 7, 2023 4:21 PM
4.1K Comments
Joined Mar 2006
skinnywallet42Feb 7, 2023 4:21 PM
4.1K Comments
Data point:
-Ordered MYLR midnight silver w/ no other upgrades on 1/15 (initial delivery Jan.-Mar.)
-1/18, delivery updated to 1/26-2/23
-1/24, delivery updated to 1/30-2/13
-1/31, delivery updated to 2/6-2/20
-2/7, delivery updated to 2/7-2/19

So at this point, who knows. I'm not in a rush for it, but I am also not financing.
Feb 7, 2023 4:29 PM
640 Comments
Joined May 2017
Victor9792Feb 7, 2023 4:29 PM
640 Comments
no updates yet if the vehicle has to be either delivered or delivered AND registered by March 1st in order to qualify for the $7.5 tax credit?
1
Feb 7, 2023 4:30 PM
405 Comments
Joined May 2018
MaroonCircle6262Feb 7, 2023 4:30 PM
405 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.
Congrats 👏
They didnt allowed me our raleigh is fully filled up with deliveries .. you can try still
I took my delivery yestarday one small panel gap on right side tail light its little outside just a little on M3.. not sure how to get it fixed i might just take it as is otherwise everything else was perfect and quick..

About Car i drove for first time after buying its drives like butter.. It flys what a tech.. Salute to Tesla

For refinance - I have applied again for membership at Tower and bro jackie hast replied me yet.. It ok i will just pay off cash now maybe
Last edited by MaroonCircle6262 February 7, 2023 at 08:52 AM.

Sign up for a Slickdeals account to remove this ad.

Feb 7, 2023 4:32 PM
3.6K Comments
Joined Dec 2008
missellieFeb 7, 2023 4:32 PM
3.6K Comments
Quote from twoweeled :
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!
I agree, it's a sharp looking SUV. It's probably assembled outside of the US. When I special ordered my RX, it took a few months & was shipped from Japan. The range on the RZ is lower so you'll have to wait for their 430 mile solid state battery sport vehicles. laugh out loud

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

Related Searches

Popular Deals

Trending Deals