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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 8, 2023 8:21 PM
3.4K Comments
Joined Jun 2014
EdEd1190Feb 8, 2023 8:21 PM
3.4K Comments
Quote from RWelchS :
thoughts on chargers? i have 100a panel and thinking about going with a 30a + mobile charger. what about the wall connector? i'm told with the WC i might be able to go higher to 50a. any advice would be helpful
Depends what else is on the panel, any high loads like electric ranges, electric/tankless water heaters, pumps, swimming pool, central air conditioning, electric heating, etc.? I have a 200a panel and am going with the WC, but if I only had a 100a panel I'd probably go with the mobile charger. You can certainly go for the WC, but might have to turn it down so low that it won't charge any faster than the mobile charger. But other advantages of the WC are a longer cable (24' instead of 20'), and outdoor weatherproof design.
Feb 8, 2023 8:32 PM
9 Comments
Joined Nov 2013
mrbhogiFeb 8, 2023 8:32 PM
9 Comments
Anyone know if there is a workaround to change the owner details after the VIN is assigned? I'm planning to cancel my order and wondering if anyone locally in Raleigh, NC would be interested to take it over.

Model Y Long Range Deep Blue Metallic
Black interior
20inch wheels
Expected Delivery: Feb 23 - Mar 2
Feb 8, 2023 8:34 PM
399 Comments
Joined Jun 2008
gotoee37000Feb 8, 2023 8:34 PM
399 Comments
Just placed an order fo wall charger at tesla.com but may cancel it if I can and get it at best buy instead. Mobile charger is out of stock and best buy doesn't carry it.

I never used my garage to park our cars as it was very cluttered filled with lots of stuff and mowers so I think I have to get a wall charger.

Haven't settle down which side of garage door the wall charger will hang onto yet. The hanging charge cable could be a tripping issue. Maybe need to install a solar motion light.
Feb 8, 2023 8:34 PM
677 Comments
Joined Apr 2007
happens31Feb 8, 2023 8:34 PM
677 Comments
Quote from TheKingofDeals :
Good luck, it took me a while and then the loan process dragged on so long Tower CU came through first. No communication at all from loan officers at GCFU. Your looking at 2-3 weeks minimum with GCFU if not longer. I applied at both places and took whomever paid out first so I did not have to hassle with Tesla financing and a refi. You are going to have to do some calling and leg work either way to push both membership and loan process along otherwise it will be a long time if at all.
I read many reviews that were negative TCU but now I am guessing I should have went with my 1st thought which was them. Going to give GCFCU until Friday to get back to me then decide. This is becoming a problem with some of these lenders.
Feb 8, 2023 8:37 PM
677 Comments
Joined Apr 2007
happens31Feb 8, 2023 8:37 PM
677 Comments
Quote from CycloneFW :
I couldn't get through yesterday. I hadn't tried earlier as I hadn't had delivery scheduled before then. I'm already planning to pay and then refi, so I'm not against a time crunch. That said, this is still just to become a member, not the loan app.
Someone should start a post talking about which bank, CU or lenders are moving fast for those of us who purchase during Tesla price cut and the $7500 tax credit.
Feb 8, 2023 8:40 PM
43 Comments
Joined Dec 2017
sdmbbs99Feb 8, 2023 8:40 PM
43 Comments
Quote from mrbhogi :
Anyone know if there is a workaround to change the owner details after the VIN is assigned? I'm planning to cancel my order and wondering if anyone locally in Raleigh, NC would be interested to take it over.

Model Y Long Range Deep Blue Metallic
Black interior
20inch wheels
Expected Delivery: Feb 23 - Mar 2
In Tesla app you can try , someone gave this :

I can update registration by going into

Start a credit application, and press "Update Registrants" on the following page. I'll be able to make this change there! you can use email id and take it from there.

we haven't submitted any financial info then we can provide updated registration info on the app and press "Update Registrants" to get it changed, I'm looking to cancel my order
Feb 8, 2023 8:44 PM
4.5K Comments
Joined Dec 2006
Thelnel52Feb 8, 2023 8:44 PM
4.5K Comments
Quote from Knightshade :
Excluding some EV unicorns, what cars are "unavailable" from legacy vehicle makers?

Toyota, Ford, GM, Stellantis, Hyundai, Honda, Nissan, Subaru, VW, BMW, Mazda, Volvo, Jaguar/LR... all had YoY declines in 2022 compared to 2021 in US sales. Some by small amounts...some by a LOT (Honda was down over 33%, Nissan nearly 25%, VW down over 20%, Toyota down over 10%). Not "one niche model that was hard to get" but over their entire lineups.

Daimler was up 4%, the only legacy company on the list not in the red.

Tesla was up 77.51% year over year. Not a typo.

Source:
https://www.goodcarbadcar.net/202...ufacturer/ [goodcarbadcar.net]



From whom do you think Tesla took that >77% increase in buyers from if NOT the legacy OEMs whose sales keep declining?
This is why the Tesla arguments can get so frustrating- the goalposts always land in these weird ass places.

At a really high level, Tesla had a good 2022. They make good cars. In terms of EV sales, they're killing it.

But when you look at percentage growth and decline and try to make sweeping statements regarding the relative quality of cars, or consumers voting with their wallets, you're missing the forest for the trees. The Model Y was Tesla's most popular model, and in 2022 it was sandwiched just above the Jeep Grand Cherokee and below the Toyota Tacoma in sales numbers. If it were a Toyota model, it would have been their 3rd best seller. If it were a Ford, Chevy, Honda, or GMC, it would have been 2nd place. https://www.caranddriver.com/news...cars-2022/

Anecdotally:
My wife ordered a Mustang Mach-E in September/October. No build date or any sort of update yet.
My wife ordered a Model Y on 1/12 and we had it within a week.
Similarly, I ordered a Maverick in January and it wasn't ready until November.

Tesla doing a good job with their supply is great, and they deserve credit. But I'd argue that at least in this N=1 sample, she wasn't choosing her Elonmobile over the Mach-E for any reason other than availability. She's probably not the only person for whom this is true.





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Feb 8, 2023 8:58 PM
9 Comments
Joined Nov 2013
mrbhogiFeb 8, 2023 8:58 PM
9 Comments
Quote from sdmbbs99 :
In Tesla app you can try , someone gave this :

I can update registration by going into

Start a credit application, and press "Update Registrants" on the following page. I'll be able to make this change there! you can use email id and take it from there.

we haven't submitted any financial info then we can provide updated registration info on the app and press "Update Registrants" to get it changed, I'm looking to cancel my order
Thank you.. that helped!
Feb 8, 2023 9:00 PM
1K Comments
Joined Mar 2019
CycloneFWFeb 8, 2023 9:00 PM
1K Comments
Quote from happens31 :
Someone should start a post talking about which bank, CU or lenders are moving fast for those of us who purchase during Tesla price cut and the $7500 tax credit.
Well, you could use Tesla's in-app lenders for a near instant response/process (usually). I used DCU that got everything done same day, but I'm already a member there as they did my last two Teslas' loans.
Feb 8, 2023 9:42 PM
137 Comments
Joined Jul 2011
mmbmcaFeb 8, 2023 9:42 PM
137 Comments
Quote from CycloneFW :
Well, you could use Tesla's in-app lenders for a near instant response/process (usually). I used DCU that got everything done same day, but I'm already a member there as they did my last two Teslas' loans.
What's the interest rate available with the in app lenders?
Feb 8, 2023 9:46 PM
1.7K Comments
Joined Aug 2003
tommyvelocityFeb 8, 2023 9:46 PM
1.7K Comments
Quote from mmbmca :
What's the interest rate available with the in app lenders?
I've only seen 5.34% for WA state. My local credit unions are about 5.49% so it was easier to go through Tesla.
Feb 8, 2023 9:47 PM
399 Comments
Joined Oct 2004
Eltoroz00mFeb 8, 2023 9:47 PM
399 Comments
Quote from gotoee37000 :
Can I just buy wall charger and mobile charger at one of the service centers or I need to order online and have them shipped to my door?

And do I need mobile charger so I can use other charging stations or some destination charging port? Or when I drive home and there will be a few weeks until I get an installer that I do not have the wall charger and I can use the mobile charger to connect to 110 outlet?
Also, one advice / tip not many are mentioning is to make sure your panel has enough amp. Most old houses under 1500 sq. ft. may only have 100a panel. Depending on how many loads that panel is already set up for, it may be advisable to upgrade to 200a, of which of course would cost more $$. Make sure to check your local or state for available rebates/incentives for install.
Feb 8, 2023 10:01 PM
52 Comments
Joined Apr 2018
KurbeeFeb 8, 2023 10:01 PM
52 Comments
Would anyone in the Bay Area be interested in taking this order off my hand? You will be saving the $1500 based on the increased price since last Friday

Model Y Long Range Dual Motor All-Wheel Drive $13,500.00
Dual Motor All-Wheel Drive $0.00
Five Seat Interior $0.00
Black and White Premium Interior $1,000.00
Pearl White Paint $0.00
20'' Induction Wheels $2,000.00
Autopilot $0.00
Model Y $39,990.00
Premium Interior $0.00
Supercharger Network Access + Pay-as-you-go $0.00
Subtotal $56,490.00
Destination Fee $1,390.00
Order Fee $250.00
Transportation Fee (if applicable) $0.00
Carrier Direct Fee (if applicable) $0.00
Order Modification Fee (if applicable) $0.00
Total $58,130.00
Feb 8, 2023 10:12 PM
186 Comments
Joined Jan 2007
fightinghippoFeb 8, 2023 10:12 PM
186 Comments
Highly doubt there is a chance but thought I would ask

Anyone in Texas near Austin canceling their long range order (blue with white interior) can you please message me.mine is showing March to May and would like to get one sooner if possible. Thanks in advance
Last edited by fightinghippo February 8, 2023 at 02:15 PM.

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Feb 8, 2023 10:22 PM
15.4K Comments
Joined Sep 2009
KnightshadeFeb 8, 2023 10:22 PM
15.4K Comments
Quote from Thelnel52 :
This is why the Tesla arguments can get so frustrating- the goalposts always land in these weird ass places.

At a really high level, Tesla had a good 2022. They make good cars. In terms of EV sales, they're killing it.

But when you look at percentage growth and decline and try to make sweeping statements regarding the relative quality of cars, or consumers voting with their wallets, you're missing the forest for the trees. The Model Y was Tesla's most popular model, and in 2022 it was sandwiched just above the Jeep Grand Cherokee and below the Toyota Tacoma in sales numbers.

I agree there's weird goalposts here but they seem to be yours.

Nobody is cross-shopping a Model Y and a Tacoma (or any other) pickup truck.


Quote from Thelnel52 :
T
If it were a Toyota model, it would have been their 3rd best seller. If it were a Ford, Chevy, Honda, or GMC, it would have been 2nd place.
Much of this is simply untrue if you remove pickup trucks though.

In fact if you do that, the Model Y was the 3rd best selling vehicle in the US period in 2022.

Specifically-
1) Rav4, 399,941 (1.9% decline)
2) Camry: 295,201 (5.9% decline)
3) Model Y: 252,000 (32.4% increase)
4) Honda CR-V: 238,155 (34.1 decrease)
5) Jeep Grand Cherokee: 223,345 (15.5% decrease)



BTW, the Tesla Model 3 was just behind the Jeep at 211,641 units.


So Tesla had one non-pickup ahead of every OEM except Toyota... and a second model nearly in the top 5 as well. And the ONLY two models whose sales are INCREASING not declining. With the continuing declines of the CRV and Jeep, and the price cuts on the 3 and Y, it's likely Model Y moves up to #2 in the US and Model 3 moves up to #4 for 2023.



Worldwide the Model Y is the 4th best selling vehicle of any kind even trucks in 2022.

https://electrek.co/2023/01/30/te...ry-scared/

1) Toyota Corolla: 1.12 million (down 2% vs last year)
2) Toyota RAV4: 870,000 (down 14% versus last year)
3) Ford F-Series: 787,000 (down 9% versus last year)
4) Tesla Model Y: 759,000 (up 88% versus last year)
5) Toyota Camry: 675,000 (down 3% versus last year)
6) Honda CR-V: 601,000 (down 18% versus last year)
7) Tesla Model 3: 596,000 (up 4% versus last year)

So 2 of the top 7 vehicles in the world in sales, both ahead of every model from every OEM except Toyota, Ford, and Honda... and the only two increasing YoY among the top sellers at all.


In 2023 the Y likely becomes the best selling vehicle in the world period- for sure it does in terms of revenue (it might already have done this in 2022, you'd have to have detailed data on ASP for F-150 vs Y though)- and likely in unit sales too esp if corollas decline continues. It'll easily pass everything else.
Last edited by Knightshade February 8, 2023 at 02:40 PM.

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