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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 10:31 PM
1.7K Comments
Joined Aug 2003
tommyvelocityFeb 8, 2023 10:31 PM
1.7K Comments
Quote from Knightshade :
I agree there's weird goalposts here but they seem to be yours.

Nobody is cross-shopping a Model Y and a Tacoma pickup truck.




None of this is true 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.

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/ [electrek.co]

1) Corolla: 1.12 million (22% decline)
2) Rav4: 869.955 (13.8% decline)
3) Ford F-150: 766757 (8.8% decline)
4) Tesla Model Y: 758,605 (88% increase)
5) Camry: 675,272 (3% decline)
6) Honda CRV: 601,000 (18% decline)
7) Tesla Model 3: 596,000 (4% increase)

So 2 of the top 7 vehicles in the world in sales, and the only two increasing YoY.


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.
Quite the Tesla fan boy aren't we? Can we stop with the back and forth between you two on Tesla and sale figures and go back to the matter at hand about model Y and delivery times and helping people to get their vehicles instead of bickering about how Tesla is the uber better most l33t car manufacturer of this pandemic over all the other ICE mfg out there?

I bought a Model Y from in inventory and will drive it happily just like I'm happy to be driving my 2011 Highlander that still rocking and has had 0 issues since purchased new.
Feb 8, 2023 10:40 PM
62 Comments
Joined Jun 2009
niteboyzzzFeb 8, 2023 10:40 PM
62 Comments
Quote from Eltoroz00m :
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.
You can always setup off hours charging as well so won't interfere with current energy pulls
Feb 8, 2023 10:41 PM
48 Comments
Joined Feb 2014
nachiket.meFeb 8, 2023 10:41 PM
48 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.
To be a member of DCU, having a checking account is enough?
Feb 8, 2023 10:43 PM
255 Comments
Joined Mar 2005
bradmanFeb 8, 2023 10:43 PM
255 Comments
I will be picking up my Tesla Model Y LR tomorrow at the Houston delivery center. The order was placed on 01/14 at 3 PM for base MYLR with basic config. Hopefully no build quality issues.
Feb 8, 2023 11:06 PM
86 Comments
Joined Oct 2015
deals2019876Feb 8, 2023 11:06 PM
86 Comments
I live in an apartment and no way to charge at home. Guess I will have to use the supercharger stations Smilie Switching from a 2013 Camry btw.
Feb 8, 2023 11:22 PM
274 Comments
Joined Apr 2005
clauFeb 8, 2023 11:22 PM
274 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. 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.
For each person like your wife, there are N people who refuse to buy a Tesla because of Musk the person. And N is larger than 1.

Tesla would have sold a lot more cars if Musk would just stay away from Twitter.
3
Feb 8, 2023 11:41 PM
1K Comments
Joined Mar 2019
CycloneFWFeb 8, 2023 11:41 PM
1K Comments
Quote from nachiket.me :
To be a member of DCU, having a checking account is enough?
Like any credit union, you need to open up a savings account with them. You could just put $5 in there, but they pay over 6% on the first thousand in there.

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Feb 9, 2023 12:07 AM
488 Comments
Joined Nov 2008
bard8910Feb 9, 2023 12:07 AM
488 Comments
Quote from bradman :
I will be picking up my Tesla Model Y LR tomorrow at the Houston delivery center. The order was placed on 01/14 at 3 PM for base MYLR with basic config. Hopefully no build quality issues.
Good luck. Let us know how it goes.
Feb 9, 2023 12:07 AM
509 Comments
Joined May 2018
vndragonslayerFeb 9, 2023 12:07 AM
509 Comments
Quote from deals2019876 :
I live in an apartment and no way to charge at home. Guess I will have to use the supercharger stations Switching from a 2013 Camry btw.
great upgrade.. those dinosaur guzzler are a snore to drive Smilie enjoy
Feb 9, 2023 12:20 AM
4.5K Comments
Joined Dec 2006
Thelnel52Feb 9, 2023 12:20 AM
4.5K Comments
Quote from Knightshade :
I agree there's weird goalposts here but they seem to be yours.

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

(2) 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.

(3)
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.

(4)
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/ [electrek.co]
(5)
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.
(1) My wife's last car was a Ram 1500. She's in a Model Y now. Depending on how the rebates pan out, our income, what happens with my preorder of an Electric Silverado, and what other electric options are available next year when my son takes my Maverick over, I will at least take a look at the Y. We may be fairly unique, but the number of cross-shoppers is not zero.
(2) If you remove cars with frameless windows, then Tesla's not even on the list.
(3) & (5) Tesla is moving from a low volume company to a mass market company. The % increases are great, but also misleading without context. Also, I posted a screenshot of a CarGurus search for a Rav 4, just for context on the Toyota numbers. Dealers are charging a premium right now, because supply has not met demand at the retail price. This is an indicator that the sales volume is capped by supply, not demand.
At a high level, this is why the Tesla numbers are so misleading. The major manufacturers are having trouble producing cars. Tesla has picked up a lot of that slack. There's no harm there, it's a good thing for Tesla. But it's not a given that Teslas sales will continue to the moon while everyone else crashes to zero.
(4) You're making some assumptions that might not hold. Take the Jeep Grand Cherokee, for instance. That was recently redesigned, and they're a plug in version that is very difficult to find at retail price now. If production increases enough that prices come down, and the rebates on other EVs dry up, that starts to get a lot more compelling.
Last edited by Thelnel52 February 8, 2023 at 04:25 PM.
Feb 9, 2023 12:36 AM
509 Comments
Joined May 2018
vndragonslayerFeb 9, 2023 12:36 AM
509 Comments
Quote from Legosandmcgrew :
Until a corner appears. The BMW has an actual interior and good build quality too. Go on, though.

Point still stands. Why not call it something unique so everyone knows what we're talking about?
miata smokes the bmw m3 in the corner.. decent build quality for 1/4 the price... whats your point again?
Feb 9, 2023 12:46 AM
74 Comments
Joined Jan 2011
nstatiFeb 9, 2023 12:46 AM
74 Comments
Quote from techie_review :
Im MYLR white/Black/no upgrades from 01/17 and still no VIN ATL, GA lol est delivery is 02/18 - 03/20 so i think you will be a while depending on location
I placed order early AM 1/17, and my delivery window is Feb 21 to Mar 21.
Feb 9, 2023 1:05 AM
706 Comments
Joined Jan 2021
JamaalJohnsonFeb 9, 2023 1:05 AM
706 Comments
Quote from nstati :
I placed order early AM 1/17, and my delivery window is Feb 21 to Mar 21.
The window should tighten when you do the todo items in the Tesla app. At least, that's what I noticed in the past.
Feb 9, 2023 1:12 AM
706 Comments
Joined Jan 2021
JamaalJohnsonFeb 9, 2023 1:12 AM
706 Comments
Quote from clau :
For each person like your wife, there are N people who refuse to buy a Tesla because of Musk the person. And N is larger than 1.

Tesla would have sold a lot more cars if Musk would just stay away from Twitter.
So you are saying that Tesla would have sold 2x more cars if Musk stayed away from Twitter. I call bullshit on that.

I do agree that there certainly are a lot of political bigots, though. If people didn't hate Musk after the Thailand rescue comments but hate him now, they probably fall into that category.

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Feb 9, 2023 1:26 AM
1K Comments
Joined Jan 2009
isbn1975Feb 9, 2023 1:26 AM
1K Comments
Quote from deals2019876 :
I live in an apartment and no way to charge at home. Guess I will have to use the supercharger stations Smilie Switching from a 2013 Camry btw.
I don't know where you live, but CA has the following law:

"California Legislature passed AB 2565 in 2014. Codified at California Civil Code section 1947.6, the new law creates a procedure requiring landlords to accept tenants lawful written requests to install EV charging stations and their related infrastructure. Today, California tenants have the right to install equipment to charge their electric cars."

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