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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 2,618,632 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 08, 2023 03:29 AM
146 Posts
Joined Feb 2006
fishtankFeb 08, 2023 03:29 AM
146 Posts
Ordered MYLR 1/26… still say 3/14 - 3/31 🤔
Feb 08, 2023 03:39 AM
14 Posts
Joined Jan 2018
kantrixyz123456Feb 08, 2023 03:39 AM
14 Posts
Anybody received 7 seater version? Wondering whether it was Fremont or Austin built?
Feb 08, 2023 03:45 AM
422 Posts
Joined Dec 2007
ElPipoFeb 08, 2023 03:45 AM
422 Posts
Quote from MurraytheDemonSkull :
My 23 MYLR (7SAYGDEE3PFxxxxx) turns out to have the performance motor, it also has the matrix head lights.
I have the same exact 11 first digits in the VIN of my yet to be delivered MYLR. Is it correct to assume that the performance motor is a unicorn?
Feb 08, 2023 03:51 AM
4,501 Posts
Joined Dec 2006
Thelnel52Feb 08, 2023 03:51 AM
4,501 Posts
Quote from Knightshade :
Mercedes thought that too with the EQC

In the end there was so little audience they cancelled bringing the vehicle to the US at all because the range was laughably awful, and doubly so for the price- and once that's true nobody cares about how soft touch the dash is.

This is Toyota failing to learn from Mercedes error, just as they've failed to learn, basically, anything at all from Tesla (or even Ford who quickly jumped to #2 in US EV sales in short order, though still an order of magnitude behind Tesla in sales)


BTW, the car my Tesla Model 3 replaced was a bought-new Lexus IS350. Prior to the Tesla that Lexus was the best (of quite a few) cars I'd ever owned.


The Tesla is a better car in every way, much better performance, much lower cost to fuel, vastly better infotainment system, smarter features, and in the first 4 years of ownership has needed less service than the Lexus did and had fewer from-the-factory problems too.






Except sometimes they do.

It looks like when Tesla has spare 980s they put them in LRs, as evidenced by the LR owner who recently posted a pic of his 980 motor.

But as noted, 980 vs 990 makes no actual difference to the owner of the vehicle unless they plan to do 3rd party modification to turn an LR into a P anyway.
I think your argument here kind of illustrates my issue with Tesla fans in general. They are cool, but they're not "better in every way" than other options.

Teslas are fun to drive. They have great range. They have the largest tablets. Maintenance is minimal.

They don't have great quality control. There isn't a truck option. The minimalist cabin isn't for everyone. The design language is getting a little old. The leather and other materials is a little below luxury cars. There are parts that are seemingly needlessly over engineered.
Feb 08, 2023 04:07 AM
186 Posts
Joined Jan 2007
fightinghippoFeb 08, 2023 04:07 AM
186 Posts
Quote from sribee :
Anybody get this email and is it worth attending? My EDD is still showing 3/2-3/31. Got excited just from this invite. Sad!

Subject: You're Invited—What to Expect While Awaiting Delivery
What to Know Before Taking Delivery
Find out what happens after your order is placed by attending a live virtual education session.
You can also sign up for our 'Get to Know Your Tesla' session to learn more about confidently operating your vehicle.
I did but no EDD. It still says March to May
Feb 08, 2023 04:52 AM
83 Posts
Joined Nov 2016
seanSEFeb 08, 2023 04:52 AM
83 Posts
Why is labeled expired?
I'm still seeing the same prices and the federal tax credit should be good until end March, right?
Feb 08, 2023 05:01 AM
2,522 Posts
Joined Aug 2007
sleekwalletFeb 08, 2023 05:01 AM
2,522 Posts
Quote from seanSE :
Why is labeled expired?
I'm still seeing the same prices and the federal tax credit should be good until end March, right?
Yeah I don't get it either

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Feb 08, 2023 07:29 AM
2,911 Posts
Joined Dec 2011
hbsjrFeb 08, 2023 07:29 AM
2,911 Posts
Quote from fishtank :
Ordered MYLR 1/26… still say 3/14 - 3/31 🤔
Ordered 1/25 and says Mar20-31 MYLR +1k color, Clovis CA
Feb 08, 2023 08:05 AM
1,597 Posts
Joined Oct 2006
ericdabbsFeb 08, 2023 08:05 AM
1,597 Posts
Quote from abc321 :
Did the eligibility requirements change for the CVRP rebate?

Am I understanding the requirements correctly? If joint filers make more than $200,000, then you are not eligible at all (even for the $2,000 base rebate)?

But if you go to the savings calculator, it does not mention anything about a $200k income cap. It just asks if you make more than $73,241. I thought previously, there was no income cap for the $2000?
If you make more than 135K single or 200K married you are not eligible for the CVRP rebate. The $73240 married limit is for the higher CVRP rebate amounts (ex: instead of just $2K for a BEV, you can be eligible for like $7500 back. Basically people making like $70K married probably are not in a position to be buying a car that is like 70-80% of their annual income.
Feb 08, 2023 08:07 AM
2,911 Posts
Joined Dec 2011
hbsjrFeb 08, 2023 08:07 AM
2,911 Posts
Feb 08, 2023 08:23 AM
339 Posts
Joined Jan 2012
meerkatFeb 08, 2023 08:23 AM
339 Posts
Quote from ElPipo :
I have the same exact 11 first digits in the VIN of my yet to be delivered MYLR. Is it correct to assume that the performance motor is a unicorn?
I think the 8th letter being E means standard, not performance dual motor (which is F)
Feb 08, 2023 11:00 AM
3,109 Posts
Joined Jul 2011
euuser1398928Feb 08, 2023 11:00 AM
3,109 Posts
Quote from meerkat :
I think the 8th letter being E means standard, not performance dual motor (which is F)
People are reporting that their VIN shows an E but they have 980 motors so it appears that VIN trick isn't necessarily reliable. It might be how the car is badged & registered but it might also have P motors so check if you care.
Feb 08, 2023 01:11 PM
15,359 Posts
Joined Sep 2009
KnightshadeFeb 08, 2023 01:11 PM
15,359 Posts
Quote from Thelnel52 :
I think your argument here kind of illustrates my issue with Tesla fans in general. They are cool, but they're not "better in every way" than other options.
What I actually said was the Tesla I own is better in every way than the Lexus it replaced.

Apparently I needed to add "to me"? Sorry figured that was fairly obvious. My apologies.


Quote from Thelnel52 :
Teslas are fun to drive. They have great range. They have the largest tablets. Maintenance is minimal.
Yup.



Quote from Thelnel52 :
They don't have great quality control.



Quality was perfect on mine- better than my Lexus.

That doesn't mean I don't still (and have in past threads about this) recommend new buyers take a quality checklist with them to delivery before accepting the car.

But then I ALSO did that when I picked up my Lexus (and again found MORE wrong with it from the factory than the Tesla).

If there's problems you don't think they can easily correct- reject the car. If there's problems you DO think they can easily correct, get the fact they will correct them in writing or reject the car.

You should do that picking up ANY car of ANY brand.



Quote from Thelnel52 :
There isn't a truck option
To be fair:
I said car.
Over a year ago NOBODY was delivering ANY EV truck at all
Even today there isn't a truck option for anybody unless you pre-ordered yours a year or more ago-- Rivian and Ford are both sold out for a long time ahead
Tesla is about to start building their own truck this year- also sold out years in advance

None of that really changes what I wrote though.


Quote from Thelnel52 :
. The minimalist cabin isn't for everyone.
...I guess? The only thing really "missing" from the cabin that my Lexus had was physical buttons though... and I can't really think of a time in years of driving the Tesla I actually missed having them. Most things set to auto do what you need, and voice commands work fantastically. The controls on the touch screen are vastly better and more responsive than in a Lexus.... not to mention how awful that goofy joystick control for the screen is on most Lexus vehicles in the last 10-15 years.


Quote from Thelnel52 :
The design language is getting a little old
When I was looking at a new IS350 after 11 years of owning mine I noticed they were still using literally the same engine. Other than slight bumper changes they'd made no real design changes to the gen Lexus I owned in the entire 8 years of its generation (the Tesla OTOH has several years before it's that old) and even when they DID move to next-gen on the Lexus they....made it heavier, slower, and uglier... so again this doesn't appear to change anything I wrote about the comparison.


Quote from Thelnel52 :
. The leather and other materials is a little below luxury cars.
Granted it's only 4 years in- but the vegan leather in the Tesla looks newer, with less maintenance, than my Lexus did after 4 years FWIW--- the seats pretty much still look new, versus creases in the leather by now on the Lexus.

The door material does not "feel" quite as luxury, I'll give you that-- but how much time do you actually spend groping your door panels, compared to actually driving or otherwise operating the car which is a vastly better experience in the Tesla?


Quote from Thelnel52 :
There are parts that are seemingly needlessly over engineered.
...like what, specifically?

Because again the Lexus needed more actual maintenance, service visits, and recall visits by a lot, compared to the Tesla- and had a tremendously greater # of actual moving/could fail parts by design.
Last edited by Knightshade February 8, 2023 at 06:14 AM.
1
Feb 08, 2023 01:14 PM
15,359 Posts
Joined Sep 2009
KnightshadeFeb 08, 2023 01:14 PM
15,359 Posts
Quote from foxblur :
People are reporting that their VIN shows an E but they have 980 motors so it appears that VIN trick isn't necessarily reliable. It might be how the car is badged & registered but it might also have P motors so check if you care.
VIN # appears to reflect the SW config of the car (which you can not have Tesla change after the fact)

If I were to speculate, and it's just that, Tesla overbuilt 980 motors and when the tax credit initially appeared to only support non-P models ended up with an oversupply of 980s, so they just put them into Ys configed in SW as non-P models.

Again there's no functional difference to end users unless they intend to use a 3rd party hardware hack to (mostly) make the non-P into a P.

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Feb 08, 2023 02:09 PM
677 Posts
Joined Apr 2007
happens31Feb 08, 2023 02:09 PM
677 Posts
Did the GCFCU membership last night and have to wait 2 business day for someone to contact me. Was hoping this was instant so I could apply for their loan.

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