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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 2,616,891 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 15, 2023 03:17 AM
9 Posts
Joined Oct 2017
gala1905Feb 15, 2023 03:17 AM
9 Posts
Ordered MY on 1/13 and today was my delivery day in Chicago, unfortunately I had to refuse delivery due to trunk misalignment and paint/metal frame defect in the inner section close to taillight. I am now hoping that they can get me another one before March.

Also the car was Freemont built with no matrix lights. It had mud flaps but no PPF.
Feb 15, 2023 03:18 AM
677 Posts
Joined Apr 2007
happens31Feb 15, 2023 03:18 AM
677 Posts
Quote from TheChosenCheif :
Awesome! Thanks a ton for the info.
How soon did they contact you after you applied? I am still waiting for the membership and loan approval. I called and emailed and nothing still.
Feb 15, 2023 03:19 AM
3,277 Posts
Joined Jun 2009
TheChosenCheifFeb 15, 2023 03:19 AM
3,277 Posts
Quote from happens31 :
How soon did they contact you after you applied? I am still waiting for the membership and loan approval. I called and emailed and nothing still.
I haven't heard back but calling tomorrow. Applied last Friday. You?
Feb 15, 2023 03:25 AM
1,567 Posts
Joined Mar 2008
rkingjFeb 15, 2023 03:25 AM
1,567 Posts
Sorry for hearing the bad experience........ your vin is PF68x? Hope you get a new vin soon.
Quote from gala1905 :
Ordered MY on 1/13 and today was my delivery day in Chicago, unfortunately I had to refuse delivery due to trunk misalignment and paint/metal frame defect in the inner section close to taillight. I am now hoping that they can get me another one before March.

Also the car was Freemont built with no matrix lights. It had mud flaps but no PPF.
Feb 15, 2023 03:46 AM
2,114 Posts
Joined Oct 2004
dealhustlrFeb 15, 2023 03:46 AM
2,114 Posts
This car is over $50,000 correct?
Feb 15, 2023 04:04 AM
9 Posts
Joined Oct 2017
gala1905Feb 15, 2023 04:04 AM
9 Posts
Quote from rkingj :
Sorry for hearing the bad experience........ your vin is PF68x? Hope you get a new vin soon.
Thanks! I hope in a couple of days since estimated delivery shows Feb. 14-21st. No new vin is assigned yet.
I will share the last 8 of the refused vin
PF6768xx, I assume this is Freemont built.
Last edited by gala1905 February 14, 2023 at 09:06 PM.
Feb 15, 2023 04:08 AM
89 Posts
Joined Apr 2016
salithdFeb 15, 2023 04:08 AM
89 Posts
Quote from CarolineS3143 :
For 2023 tax return, right?
I have the same question! I wrote to CVRP asking the same and their answer wasn't clear. You have to apply for CVRP rebate within 3 months of purchase I think ( I could be wrong). If that's the case, you have to apply based on your 2022 tax return I believe. If someone has information about this, please share.

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Feb 15, 2023 04:17 AM
1,567 Posts
Joined Mar 2008
rkingjFeb 15, 2023 04:17 AM
1,567 Posts
It is so weird. Upon what I heard, almost all of PF67x, PF68x have matrix headlight Confused

Yes, PF6768xx means that the MY is from Fremont CA
Quote from gala1905 :
Thanks! I hope in a couple of days since estimated delivery shows Feb. 14-21st. No new vin is assigned yet.
I will share the last 8 of the refused vin
PF6768xx, I assume this is Freemont built.
Feb 15, 2023 04:19 AM
36 Posts
Joined Apr 2019
dohmahmighFeb 15, 2023 04:19 AM
36 Posts
Quote from salithd :
I have the same question! I wrote to CVRP asking the same and their answer wasn't clear. You have to apply for CVRP rebate within 3 months of purchase I think ( I could be wrong). If that's the case, you have to apply based on your 2022 tax return I believe. If someone has information about this, please share.
i called and they said after april, they'll look at the latest 2022 tax returns (filed by april 2023). before april deadline, they look at 2021 retrurns (filed by april 2022). for those that are still confused, go through the application process and it'll become very clear.
Feb 15, 2023 04:54 AM
509 Posts
Joined May 2018
vndragonslayerFeb 15, 2023 04:54 AM
509 Posts
Quote from merc-8181 :
Is it still worth to order MYLR at $54,990?
this is going to be asked over and over.. best time to order was last month when it was 52900...price is going to increase over time.. ignore all the trolls telling u to wait for price to dip once march hit.
Feb 15, 2023 07:34 AM
491 Posts
Joined Feb 2012
Mikey122687Feb 15, 2023 07:34 AM
491 Posts
Anyone know if you can switch from a loan with TowerCU to refinance after picking up your car and went through Wells Fargo first?

Basically I need to pick up the car using Tesla loan and then try to refi using TowerCU for 2.99%. I'm currently approved for 2.99 but don't have VIN yet
Feb 15, 2023 08:07 AM
1,827 Posts
Joined Oct 2004
PassionsFeb 15, 2023 08:07 AM
1,827 Posts
Are reservations transferable? People on reddit are saying it's not possible and most likely scams. What the?
Feb 15, 2023 12:00 PM
339 Posts
Joined Jan 2012
meerkatFeb 15, 2023 12:00 PM
339 Posts
Quote from DealBoz :
Congratulations, did u get the cargo cover ?
Unsure from where ppl are wondering cargo cover. But all 2023 models include it. Missing one is a mistake to justify requesting one. PPF and mud flaps are regional extra. The latter we can install one by ourselves for the 4 wheels in 15 minutes for $30-$40. I did on mine.
Feb 15, 2023 12:03 PM
339 Posts
Joined Jan 2012
meerkatFeb 15, 2023 12:03 PM
339 Posts
Quote from dohmahmigh :
i called and they said after april, they'll look at the latest 2022 tax returns (filed by april 2023). before april deadline, they look at 2021 retrurns (filed by april 2022). for those that are still confused, go through the application process and it'll become very clear.
Thanks, that's my understanding by reading the rules. But $200k sucks.

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Original Poster
Feb 15, 2023 12:10 PM
673 Posts
Joined Mar 2010
MurraytheDemonSkull
Original Poster
Feb 15, 2023 12:10 PM
673 Posts
Quote from Passions :
Are reservations transferable? People on reddit are saying it's not possible and most likely scams. What the?
Tesla vehicle reservation and Tesla vehicle ordering are not the same thing. Reservations are not transferable, but you did not reserve Model 3 or Model Y, you placed an order. On the other hand, you can reserve a Cybertruck or Roadster.

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