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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 10, 2023 7:22 AM
226 Comments
Joined Apr 2019
Henry2006Feb 10, 2023 7:22 AM
226 Comments
I got pre-approved on tower 2.99, pending few other requirements. Do I get to keep the old rates, please? Smilie
Feb 10, 2023 8:34 AM
1K Comments
Joined Jan 2009
isbn1975Feb 10, 2023 8:34 AM
1K Comments
Quote from eXene :
I am so torn. Ordered MYLR on 01/22 and have a EDD of March 12-31 so I may not make the new March rules anyway. No VIN yet. I still have the option to change to MYP for $56,990 which I think is what I really want, but hate to postpone my delivery even further. And then there is the CA CVPR that is now happening. UGH! I know that the choice is strictly up to me but would love to hear some thoughts from this group. Thank you.
I ordered MYLR on 1/16 and had an EDD of 2/15 - 3/15. I changed it to MYP a week ago when they announced all MY's are eligible for tax credit and the dates are still the same. I don't know if it will be postponed later on, but so far no changes. YMMV.
Feb 10, 2023 10:49 AM
168 Comments
Joined Nov 2015
19DealsFeb 10, 2023 10:49 AM
168 Comments
Quote from isbn1975 :
I ordered MYLR on 1/16 and had an EDD of 2/15 - 3/15. I changed it to MYP a week ago when they announced all MY's are eligible for tax credit and the dates are still the same. I don't know if it will be postponed later on, but so far no changes. YMMV.
Same here, for some reason changing to a MYP did not affect delivery date.
Feb 10, 2023 11:57 AM
3.5K Comments
Joined Dec 2005
TheKingofDealsFeb 10, 2023 11:57 AM
3.5K Comments
Quote from RWelchS :
how much are you all getting quoted for around insurance? mylr is at $2K year. i know it depends on coverage etc. but let's assume it standard, run of the mill. why so damn expensive??!?
My insurance only went up just under $400 for M3P for the year.
I removed old 2012 car that was sold added the Tesla, I am on Erie insurance and also have their home owners insurance. I think some insurers are gouging for no reason.
Feb 10, 2023 12:21 PM
771 Comments
Joined Dec 2014
JellyBellyMDFeb 10, 2023 12:21 PM
771 Comments
Quote from TheKingofDeals :
My insurance only went up just under $400 for M3P for the year.
I removed old 2012 car that was sold added the Tesla, I am on Erie insurance and also have their home owners insurance. I think some insurers are gouging for no reason.
Maybe they are not gouging but have real world data that set their rates to mitigate risk exposure....
Feb 10, 2023 12:55 PM
580 Comments
Joined Feb 2023
LivelyTree6515Feb 10, 2023 12:55 PM
580 Comments
Quote from TimothyP1684 :
Wow I ordered Feb 3rd and just got an update from march to may to march 21-31st. Mine is also MYLR gray. All else standard. No VIN yet.
Iwhat state are you in? Im going to guess CA or TX?
Last edited by LivelyTree6515 February 10, 2023 at 05:03 AM.
Feb 10, 2023 1:15 PM
1.4K Comments
Joined Oct 2017
techie_reviewFeb 10, 2023 1:15 PM
1.4K Comments
Ordered 01/17
MYLR
white/black
No upgrades
Decatur, GA

Still no vin yet Frown !!!

My membership with Gold Coast got approved yest & applied for loan yesterday
Last edited by techie_review February 10, 2023 at 05:59 AM.

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Feb 10, 2023 1:38 PM
9 Comments
Joined Nov 2013
mrbhogiFeb 10, 2023 1:38 PM
9 Comments
Hello, we need to cancel our reservation. Anyone interested in taking over please DM me. I am in Raleigh, NC area.

VIN Assigned
Est Delivery: Feb 23 - Mar 2

Model Y Long Range Dual Motor All-Wheel Drive $54,990
Deep Blue Metallic $1,000
20'' Induction Wheels $2,000
All Black Premium Interior Included
Autopilot Included
Subtotal $57,990
Destination Fee $1,390
Order Fee $250
Total $59,630
Feb 10, 2023 1:52 PM
201 Comments
Joined Nov 2016
sm1907Feb 10, 2023 1:52 PM
201 Comments
Quote from RWelchS :
for sure. it varies. i get it. but damn it's almost 3x my other car. also i'm paying for it cash.
I got it for abt 450 for 6 months. Call your insurance and ask them to remove new vehicle warranty.
By default insurances add new vehicle warranty. Though we get warranty from manufacturer.​
Feb 10, 2023 1:53 PM
20 Comments
Joined Apr 2015
TimothyP1684Feb 10, 2023 1:53 PM
20 Comments
Quote from LivelyTree6515 :
Iwhat state are you in? Im going to guess CA or TX?
Texas
Feb 10, 2023 2:45 PM
339 Comments
Joined Jan 2012
meerkatFeb 10, 2023 2:45 PM
339 Comments
Quote from techie_review :
Ordered 01/17
MYLR
white/black
No upgrades
Decatur, GA

Still no vin yet Frown !!!

My membership with Gold Coast got approved yest & applied for loan yesterday
Location dependent. 1/17 OD. 20in wheel upgrade. Ready for pickup on Feb 3. VIN assigned Feb 2. 25 miles from Fremont.
Feb 10, 2023 2:57 PM
290 Comments
Joined May 2006
2NeolinuxFeb 10, 2023 2:57 PM
290 Comments
Quote from techie_review :
Ordered 01/17
MYLR
white/black
No upgrades
Decatur, GA

Still no vin yet Frown !!!

My membership with Gold Coast got approved yest & applied for loan yesterday

My order date is same and EDD is 2-21 to 3-21
How many days did GCFU take to approve membership
Feb 10, 2023 3:00 PM
73 Comments
Joined Apr 2015
harry_krisFeb 10, 2023 3:00 PM
73 Comments
Quote from Maximus831 :
CA as well. Ordered a MSM MYP on 2/3 and my EDD is 3/7-3/31.
Same location, order date and EDD for me as well. White MYP, ordered 2/3, EDD changed on 2/9 from Feb-Mar 2023 to 3/7 to 3/31
Feb 10, 2023 3:21 PM
1.4K Comments
Joined Oct 2017
techie_reviewFeb 10, 2023 3:21 PM
1.4K Comments
Quote from meerkat :
Location dependent. 1/17 OD. 20in wheel upgrade. Ready for pickup on Feb 3. VIN assigned Feb 2. 25 miles from Fremont.
ughhh so lucky i think they def go by location cuz its easier to get the vehicle to you then to all the way to GA lol
Quote from 2Neolinux :
My order date is same and EDD is 2-21 to 3-21
How many days did GCFU take to approve membership
for me it only took 3 days because i have the contact email for the membership processor. Its only one lady and she does all online as well as all the walk-in memberships.

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Feb 10, 2023 3:25 PM
405 Comments
Joined May 2018
MaroonCircle6262Feb 10, 2023 3:25 PM
405 Comments
Quote from 2Neolinux :
My order date is same and EDD is 2-21 to 3-21
How many days did GCFU take to approve membership
Forever for me applied on 18th jan no reply yet.

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