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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 3:27 PM
21 Comments
Joined Jun 2016
lcrsgvFeb 10, 2023 3:27 PM
21 Comments
I have MYLR 7 seater ready for Delivery on 02/15 in Chicago area. I am now thinking to cancel. Anyone would like to get this?

Model Y Long Range Dual Motor All-Wheel Drive
Pearl White Paint
20'' Induction Wheels
All Black Premium Interior
Seven Seat Interior
Autopilot

Model Y
$39,990.00

20'' Induction Wheels

$2,000.00

Long Range All-Wheel Drive

$13,000.00

Seven Seat Interior

$4,000.00

Destination Fee

$1,390.00

Order Fee

$250.00

Car Price

$60,630.00

Total Cost of Vehicle
$60,630.00
Feb 10, 2023 3:34 PM
43 Comments
Joined Dec 2017
sdmbbs99Feb 10, 2023 3:34 PM
43 Comments
Quote from techie_review :
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

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.
Could you please share contact email for membership processor
Last edited by sdmbbs99 February 10, 2023 at 07:37 AM.
Feb 10, 2023 3:35 PM
399 Comments
Joined Oct 2004
Eltoroz00mFeb 10, 2023 3:35 PM
399 Comments
Quote from MaroonCircle6262 :
What if you have tower loan approved at 2.99 ?
And waiting for mebership can they increase rate later or its counted as locked in rate ?
If you're approve for 2.99, then you're locked in to that rate and it'll be that for the life to the loan. But pre-approve is not the same as approve. If pre-approve only, then certain terms may change.
Feb 10, 2023 3:50 PM
19 Comments
Joined Nov 2015
Raj1237Feb 10, 2023 3:50 PM
19 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
I ordered on Jan 16 th and picked up the vehicle on Feb 3rd in Ohio Columbus.
Feb 10, 2023 3:50 PM
88 Comments
Joined Jan 2018
Anasazi318798Feb 10, 2023 3:50 PM
88 Comments
Quote from techie_review :
same question
Just like with a home loan, your rate lock should be for 30 days.
Feb 10, 2023 4:00 PM
774 Comments
Joined Nov 2008
Linda123Feb 10, 2023 4:00 PM
774 Comments
what interest rate does GCFCU offer? went to their site but don't see it. Thanks
Feb 10, 2023 4:03 PM
88 Comments
Joined Jan 2018
Anasazi318798Feb 10, 2023 4:03 PM
88 Comments
Quote from Linda123 :
what interest rate does GCFCU offer? went to their site but don't see it. Thanks
I had to call and get it. I don't remember the low terms, sorry, but 60 months is 2.49 and 72 months is 3.49. I take that back. All terms are most likely 2.49, depending on credit of course, because 2.49 is the floor.

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Feb 10, 2023 4:06 PM
19 Comments
Joined Nov 2015
Raj1237Feb 10, 2023 4:06 PM
19 Comments
Quote from lcrsgv :
I have MYLR 7 seater ready for Delivery on 02/15 in Chicago area. I am now thinking to cancel. Anyone would like to get this?

Model Y Long Range Dual Motor All-Wheel Drive
Pearl White Paint
20'' Induction Wheels
All Black Premium Interior
Seven Seat Interior
Autopilot

Model Y
$39,990.00

20'' Induction Wheels

$2,000.00

Long Range All-Wheel Drive

$13,000.00

Seven Seat Interior

$4,000.00

Destination Fee

$1,390.00

Order Fee

$250.00

Car Price

$60,630.00

Total Cost of Vehicle
$60,630.00
Mine is exact same with two more additions paid $62630, $1000 for white premium interior and $1000 for towing package. With White & White with Black induction wheels, car looks amazing.
Feb 10, 2023 4:09 PM
21 Comments
Joined Jun 2016
lcrsgvFeb 10, 2023 4:09 PM
21 Comments
Quote from Raj1237 :
Mine is exact same with two more additions paid $62630, $1000 for white premium interior and $1000 for towing package. With White & White with Black induction wheels, car looks amazing.
Could you tell me if the 7 seater is good, Any suggestions on which one to choose between Sienna 2023 XLE vs MYLR 7 seater. We use 7 seater very rarely (when my inlaws or parents visiting us). I have Sienna ready for Delivery in March and MYLR on Feb 15th, your feed back might give some insght on MYLT 7 vs Sienna for me. .
Feb 10, 2023 4:12 PM
49 Comments
Joined Aug 2020
PurpleSuit3246Feb 10, 2023 4:12 PM
49 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??!?
Feb 10, 2023 4:14 PM
4 Comments
Joined Nov 2013
prasadhrvFeb 10, 2023 4:14 PM
4 Comments
Quote from Nos4r2 :
I was approved at 2.99 and then she said "with the promotion going on, you're rate will be 2.49". I then asked if that included the .25 reduction for having direct deposit and she said "2.49 is the base percentage, so no, 2.49 is the lowest". I'm good with that 😀. She said 72 months is 3.99 and with promotion it will be 3.49. So depends on what you need.

Could you please inform for becoming member to .gcfcu and get the auto loan, making should they need to be US citizen /Green card holders only?
or any work permit visa holder also eligible for apply for the member ship and auto loan
Feb 10, 2023 4:15 PM
49 Comments
Joined Aug 2020
PurpleSuit3246Feb 10, 2023 4:15 PM
49 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??!?
Try Conncect from Costco

https://www.connectbyamfam.com/costco/
Feb 10, 2023 4:18 PM
21 Comments
Joined Jun 2016
lcrsgvFeb 10, 2023 4:18 PM
21 Comments
Quote from prasadhrv :
Could you please inform for becoming member to .gcfcu and get the auto loan, making should they need to be US citizen /Green card holders only?
or any work permit visa holder also eligible for apply for the member ship and auto loan
gcfcu also asking for perm or citizens
Feb 10, 2023 4:22 PM
290 Comments
Joined May 2006
2NeolinuxFeb 10, 2023 4:22 PM
290 Comments
Quote from lcrsgv :
Could you tell me if the 7 seater is good, Any suggestions on which one to choose between Sienna 2023 XLE vs MYLR 7 seater. We use 7 seater very rarely (when my inlaws or parents visiting us). I have Sienna ready for Delivery in March and MYLR on Feb 15th, your feed back might give some insght on MYLT 7 vs Sienna for me. .

It will be unfair to compare Sienna vs MYLR 7 seater
I have travelled in both and my Opinion is-
Sienna experience for the occupants of 3rd row seat relative to MYLR7 will be less tiring with good legspace and headspace on a road trip
MYLR 7 seater, even young kids will be like "are we there yet", adults will bump their heads in the ceiling, anything over half an hour is painful

MYLR7 seater provides convenience for a short trip

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Feb 10, 2023 4:28 PM
677 Comments
Joined Apr 2007
happens31Feb 10, 2023 4:28 PM
677 Comments
Just order MYP the same day the price went up and I just checked my account for the delivery date which is estimated between 3/6-3/31.
Now I need to GCFCU to hurry up or should I just try TC or just stick with Penfed

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