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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 2,617,369 Views
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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 04:51 PM
15,359 Posts
Joined Sep 2009
KnightshadeFeb 07, 2023 04:51 PM
15,359 Posts
Quote from missellie :
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

Range is utter garbage you mean...But yes, like most Lexus vehicles it's assembled in Japan (the Motomachi plant specifically) though the underlying platform is just the Subaru Solterra/Toyota bZ4X, right down to the terrible efficiency (hopefully not the wheels falling off while driving part though)



Quote from Victor9792 :
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?
As already explained the last 9736 times- the government will announce battery sourcing guidelines "sometime" in march. No specific date given.

Everything currently qualified vehicle delivered before then qualifies for the full $7500.

Some vehicles will likely CONTINUE to qualify AFTER then, and the rest would likely qualify for only $3750... but nobody can tell you which ones until the guidance is issued.
Original Poster
Feb 07, 2023 05:22 PM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Feb 07, 2023 05:22 PM
673 Posts
Quote from seanleeforever :
They don't have the same motor, people just feel the need to justify their purchase.


The performing once has 980 motor, the long range has 990 motor. Unless you are the lucky few that get 980 long range model (check your vin 8th digit)

and if they have any idea about brakes.. it is the front brake that does most of work. and in that aspect, performance version. indeed has better front brake systems. it is the rear brake that got downgraded. but lets not make it sounds like they have the same brake without even reading the article they linked

btw, the spec for brake can be obtained on Tesla website under user manual ->subsystem
the front rotors are of different size
Quote from MurraytheDemonSkull :
8th digit for performance is F while non-performance dual motor is E

Digit 8: Motor/Drive Unit
5 = P2 Dual Motor (Designated for Model S & Model X)
6 = P2 Tri Motor (Designated for Model S & Model X)
A = Single Motor – Standard / Performance (Designated for Model 3)
B = Dual Motor – Standard (Designated for Model 3)
C = Dual Motor – Performance (Designated for Model 3)
D = Single Motor – Standard / Performance (Designated for Model Y)
E = Dual Motor – Standard (Designated for Model Y)
F = Dual Motor – Performance (Designated for Model Y)
My 23 MYLR (7SAYGDEE3PFxxxxx) turns out to have the performance motor, it also has the matrix head lights.
Feb 07, 2023 05:27 PM
43 Posts
Joined Dec 2017
sdmbbs99Feb 07, 2023 05:27 PM
43 Posts
Quote from techie_review :
Do you think i should apply for the membership and loan all together or wait till i have the VIN ? ...
Is Gold Coast interest rate 2.49 for 60 months?
Feb 07, 2023 05:27 PM
388 Posts
Joined Oct 2004
Eltoroz00mFeb 07, 2023 05:27 PM
388 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
most banks, credit unions, and other financial institutions do check your credit when you submit an application to open an account, these are most often soft inquiries that don't impact your credit score.
Feb 07, 2023 05:35 PM
398 Posts
Joined Jun 2008
gotoee37000Feb 07, 2023 05:35 PM
398 Posts
Quote from MurraytheDemonSkull :
My 23 MYLR (7SAYGDEE3PFxxxxx) turns out to have the performance motor, it also has the matrix head lights.
How did you know yours has performance motor since vin said "E"? my vin is 7SAYGDEE6PFXXXXXX
Original Poster
Feb 07, 2023 05:42 PM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Feb 07, 2023 05:42 PM
673 Posts
Quote from gotoee37000 :
How did you know yours has performance motor since vin said "E"? my vin is 7SAYGDEE6PFXXXXXX
I took a picture of the label on the motor. See the digits in red circle in the attached image
Original Poster
Feb 07, 2023 05:46 PM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Feb 07, 2023 05:46 PM
673 Posts
Quote from gotoee37000 :
How did you know yours has performance motor since vin said "E"? my vin is 7SAYGDEE6PFXXXXXX

there is a video on youtube showing where you can find that label

https://youtu.be/lqfU-F45UtI

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Feb 07, 2023 05:47 PM
167 Posts
Joined Nov 2015
19DealsFeb 07, 2023 05:47 PM
167 Posts
Quote from clau :
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.
Not always. Some of us for some reason can't make any changes, but a quick call will resolve that.
Last edited by 19Deals February 7, 2023 at 10:51 AM.
Feb 07, 2023 05:53 PM
1,433 Posts
Joined Oct 2017
techie_reviewFeb 07, 2023 05:53 PM
1,433 Posts
Quote from sdmbbs99 :
Is Gold Coast interest rate 2.49 for 60 months?
Its 2.99% then i think there is a .25% discount for direct deposit from checking account
Feb 07, 2023 05:53 PM
5,838 Posts
Joined Mar 2004
supernomanFeb 07, 2023 05:53 PM
5,838 Posts
Quote from MurraytheDemonSkull :
I took a picture of the label on the motor. See the digits in red circle in the attached image
Would make sense to just use what's available during surge and then software lock it down to standard level of performance or just produce all performance motors and software lock it.
Feb 07, 2023 06:34 PM
14 Posts
Joined Jan 2018
kantrixyz123456Feb 07, 2023 06:34 PM
14 Posts
Anybody ordered MYLR 7 seater version 1/13 or later received a vin or picked up the vehicle? Is it a fremont build or Austin build? I ordered white exterior, black interior with 20 inch wheels
Feb 07, 2023 06:37 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 07, 2023 06:37 PM
85 Posts
Quote from sdmbbs99 :
Is Gold Coast interest rate 2.49 for 60 months?
I was approved at 2.99 and then she said "with the promotion going on, you're rate will be 2.49". I then asked if that included the .25 reduction for having direct deposit and she said "2.49 is the base percentage, so no, 2.49 is the lowest". I'm good with that 😀. She said 72 months is 3.99 and with promotion it will be 3.49. So depends on what you need.
Feb 07, 2023 07:08 PM
57 Posts
Joined May 2014
bilalhashmiFeb 07, 2023 07:08 PM
57 Posts
Quote from Nos4r2 :
I was approved at 2.99 and then she said "with the promotion going on, you're rate will be 2.49". I then asked if that included the .25 reduction for having direct deposit and she said "2.49 is the base percentage, so no, 2.49 is the lowest". I'm good with that 😀. She said 72 months is 3.99 and with promotion it will be 3.49. So depends on what you need.
How long they took to process your account and loan application? Did they send the check to Tesla?
Feb 07, 2023 07:13 PM
85 Posts
Joined Jan 2018
Nos4r2Feb 07, 2023 07:13 PM
85 Posts
Quote from bilalhashmi :
How long they took to process your account and loan application? Did they send the check to Tesla?
I started on 1/20 with them. I just received my vin on Saturday so Gold Coast is waiting on the motor vehicle purchase agreement, final numbers, to send out the money. I don't have a delivery date yet. So now I'm waiting on Tesla.

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Feb 07, 2023 07:20 PM
677 Posts
Joined Apr 2007
happens31Feb 07, 2023 07:20 PM
677 Posts
Ok a lot of us have been asking about GCFCU. Since then who has took the leap to open membership and apply for the loan? Those who did could you please answer these questions for most of use which are.
Did the do a soft or hard inquiry for membership?
Was it easier to do both a the same time?(sounds like a sex question when type that)
Who did they pull the report from?
Any other information besides what we already have would be great and thanks for the help.

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