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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 2,617,830 Views
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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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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 10, 2023 07:22 AM
225 Posts
Joined Apr 2019
Henry2006Feb 10, 2023 07:22 AM
225 Posts
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 08:34 AM
1,044 Posts
Joined Jan 2009
isbn1975Feb 10, 2023 08:34 AM
1,044 Posts
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
167 Posts
Joined Nov 2015
19DealsFeb 10, 2023 10:49 AM
167 Posts
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
3,419 Posts
Joined Dec 2005
TheKingofDealsFeb 10, 2023 11:57 AM
3,419 Posts
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
730 Posts
Joined Dec 2014
JellyBellyMDFeb 10, 2023 12:21 PM
730 Posts
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
499 Posts
Joined Feb 2023
LivelyTree6515Feb 10, 2023 12:55 PM
499 Posts
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 06:03 AM.
Feb 10, 2023 01:15 PM
1,433 Posts
Joined Oct 2017
techie_reviewFeb 10, 2023 01:15 PM
1,433 Posts
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 06:59 AM.

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Feb 10, 2023 01:38 PM
9 Posts
Joined Nov 2013
mrbhogiFeb 10, 2023 01:38 PM
9 Posts
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 01:52 PM
196 Posts
Joined Nov 2016
sm1907Feb 10, 2023 01:52 PM
196 Posts
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 01:53 PM
20 Posts
Joined Apr 2015
TimothyP1684Feb 10, 2023 01:53 PM
20 Posts
Quote from LivelyTree6515 :
Iwhat state are you in? Im going to guess CA or TX?
Texas
Feb 10, 2023 02:45 PM
339 Posts
Joined Jan 2012
meerkatFeb 10, 2023 02:45 PM
339 Posts
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 02:57 PM
290 Posts
Joined May 2006
2NeolinuxFeb 10, 2023 02:57 PM
290 Posts
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 03:00 PM
73 Posts
Joined Apr 2015
harry_krisFeb 10, 2023 03:00 PM
73 Posts
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 03:21 PM
1,433 Posts
Joined Oct 2017
techie_reviewFeb 10, 2023 03:21 PM
1,433 Posts
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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Pro
Feb 10, 2023 03:25 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Feb 10, 2023 03:25 PM
396 Posts
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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