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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 16, 2023 2:43 AM
677 Comments
Joined Apr 2007
happens31Feb 16, 2023 2:43 AM
677 Comments
Quote from reddyjskin :
I signed up for membership/ account no confirmation email or charge on my card. I guess they are slammed or I didn't do it right?
That is what I did and was thinking also which just lead me to just apply for the car loan since my EDD is some time next month and I already lost the pre-approval from Penfed since so much time has passed
Feb 16, 2023 3:05 AM
15.4K Comments
Joined Sep 2009
KnightshadeFeb 16, 2023 3:05 AM
15.4K Comments
Quote from Mamiww6 :
Not trying to hate Tesla. But your statement makes no sense. If a car repair cost too much to repair after collision, wouldn't it make sense for the insurance companies to charge more for the premiums for that particular brand?.

Depends on if that brand gets into the same # of the same type of accidents or not obviously.

Teslas published data shows their accident rate is significantly lower than average between their passive and active safety features, but their ADAS systems.... Additionally NHTSA and other crash testing data show Teslas have the lowest chance of passenger injury of any vehicles on the road- meaning the insurance risk for that is lower in a Tesla than anything else.

So even if the cost for repairs were higher other factors like those might mitigate them in the other direction.



Also when folks say Teslas are "expensive" to insure it's largely people coming to them from like Corollas and such...

https://www.motortrend.com/featur...nce-costs/

That's Motortrend, comparing actually similar vehicles... in this case a Model 3 and a BMW 3 series end up pretty similar in insurance costs... and a Model S and BMW 7 series, where the BMWs are hundreds cheaper a year to insure, but cost thousands more for the vehicles...and a Model Y and a BMW X3... similar story to the S/7 given todays pricing (the Y is cheaper thousands less for a comparable trim but costs a couple hundred more to insure annually)... then they compare a Model X to BMWs X5, which is the only place Tesla loses overall-- and also the only Model of Tesla I don't generally recommend to people.
Last edited by Knightshade February 15, 2023 at 07:07 PM.
Feb 16, 2023 3:16 AM
850 Comments
Joined Dec 2005
h3nGFeb 16, 2023 3:16 AM
850 Comments
Quote from RWelchS :
upgraded mylr to gray + inductions. this puts my order at $55,990. Which Doesn't matter since the cap is now at $80K. Am i correct in thinking this?
Correct.
Feb 16, 2023 3:19 AM
566 Comments
Joined Jul 2022
techie_review101Feb 16, 2023 3:19 AM
566 Comments
Quote from U-Turn :
Just curious where folks who ordered on 1/17 stand.

My EDD has not changed for a couple of weeks.

Feb 19 - Mar 19

Florida delivery

Model Y LR Grey/Black int No other options.
I have the same issue, i ordered

MYLR
Decatur, GA
01/17
EDD been the same ever since 02/18 - 03/28​
Feb 16, 2023 3:29 AM
509 Comments
Joined May 2018
vndragonslayerFeb 16, 2023 3:29 AM
509 Comments
Quote from JellyBellyMD :
Superchargers about to get really crowded. Worse than Costco gas station.

The new rules would allow Tesla to keep its unique connectors, but it will have to add a permanently attached CCS connector or adapter that charges a CCS-compliant vehicle, similar to a gas pump that has a separate handle for gas versus diesel.
nothing is worse than costco gas station. but hey. enjoy spending 50k on a corolla with its wheels falling off while waiting in line for costco gas
Feb 16, 2023 3:29 AM
2.6K Comments
Joined Jan 2013
tonkotsuFeb 16, 2023 3:29 AM
2.6K Comments
Quote from RWelchS :
only if you under the income limit.
people making 135k+ single or 200k+ married are probably not as concerned about a measly 2k
Feb 16, 2023 3:35 AM
351 Comments
Joined Jul 2009
Maximus831Feb 16, 2023 3:35 AM
351 Comments
Quote from tonkotsu :
people making 135k+ single or 200k+ married are probably not as concerned about a measly 2k
I beg to differ. I am bummed about the decrease as it was $300k for married filing jointly in the past.

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Feb 16, 2023 3:37 AM
501 Comments
Joined Feb 2012
Mikey122687Feb 16, 2023 3:37 AM
501 Comments
Quote from Maximus831 :
I beg to differ. I am bummed about the decrease as it was $300k for married filing jointly in the past.
Yep, I make over the cap but rather get an extra $2k back.

Some people forget this is "slickdeals" not "measly deal"
Feb 16, 2023 3:39 AM
509 Comments
Joined May 2018
vndragonslayerFeb 16, 2023 3:39 AM
509 Comments
Quote from Knightshade :
Depends on if that brand gets into the same # of the same type of accidents or not obviously.

Teslas published data shows their accident rate is significantly lower than average between their passive and active safety features, but their ADAS systems.... Additionally NHTSA and other crash testing data show Teslas have the lowest chance of passenger injury of any vehicles on the road- meaning the insurance risk for that is lower in a Tesla than anything else.

So even if the cost for repairs were higher other factors like those might mitigate them in the other direction.



Also when folks say Teslas are "expensive" to insure it's largely people coming to them from like Corollas and such...

https://www.motortrend.com/featur...nce-costs/ [motortrend.com]

That's Motortrend, comparing actually similar vehicles... in this case a Model 3 and a BMW 3 series end up pretty similar in insurance costs... and a Model S and BMW 7 series, where the BMWs are hundreds cheaper a year to insure, but cost thousands more for the vehicles...and a Model Y and a BMW X3... similar story to the S/7 given todays pricing (the Y is cheaper thousands less for a comparable trim but costs a couple hundred more to insure annually)... then they compare a Model X to BMWs X5, which is the only place Tesla loses overall-- and also the only Model of Tesla I don't generally recommend to people.
obviously.. coming from rust bucket 1995 corolla to my/m3 is going to triple cost in insurance...
1
Feb 16, 2023 4:21 AM
304 Comments
Joined Dec 2016
anhdongtxFeb 16, 2023 4:21 AM
304 Comments
Quote from Mamiww6 :
Not trying to hate Tesla. But your statement makes no sense. If a car repair cost too much to repair after collision, wouldn't it make sense for the insurance companies to charge more for the premiums for that particular brand? The same principle applies to locations with common theft problems, Zip Codes with higher accident numbers and so on. I guess your case is super unique.
It depends on the insurance company

I have Tesla insurance and cheaper is real. Tesla insurance does thing differently, they use safety score collected from the car instead of age, claim history etc

Obviously if you drive like a maniac and have a bad safety score you pay more. I find I am paying more attention to my driving because I am cheap. Maybe that's a good thing lol
Feb 16, 2023 4:28 AM
5 Comments
Joined Jul 2015
yashash12Feb 16, 2023 4:28 AM
5 Comments
Anybody who placed order on 01/17, MYLR Blue, Black Interior no other upgrades.

Have you got the VIN or final Delivery date ?
Feb 16, 2023 4:30 AM
679 Comments
Joined Oct 2016
RWelchSFeb 16, 2023 4:30 AM
679 Comments
did your my come with a j1772?
Feb 16, 2023 4:33 AM
451 Comments
Joined May 2021
backmenuinfoFeb 16, 2023 4:33 AM
451 Comments
They removed my VIN : ( EDD is still the same tho.
I was waiting for my trade-in to take place this weekend because the tesla quote was 3.5k below CarMax and 2.5k below Carvana.
Feb 16, 2023 4:38 AM
1K Comments
Joined Jan 2009
phoceanFeb 16, 2023 4:38 AM
1K Comments
Quote from Hpcasper :
No VIN yet

Ordered: 1/14
Estimated Delivery: February 28 - March 28

Location: Paramus NJ

Model Y LR White
Black interior
20'' Induction Wheels
Seven Seater
Does 7 seater qualify nj rebate?

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Feb 16, 2023 4:39 AM
122 Comments
Joined May 2014
V-007Feb 16, 2023 4:39 AM
122 Comments
Quote from happens31 :
Who's still waiting for GCFCU or got in contact with someone?
I am still.
submitted same as you on friday if i recall correctly.
no reachout yet.
Car is scheduled for 3/15-3/31 so I think there is enough time (at least right now)

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