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MurraytheDemonSkull 2.8M Views
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 9:49 PM
571 Comments
Joined Jul 2022
techie_review101Feb 16, 2023 9:49 PM
571 Comments
Quote from iceage2007 View quoted comment :
Who is the cheapest insurance for model Y? TIA.
Not getting a tesla is the cheapest insurance ahhaha just kidding of course. the answer will depend on your location and driver history
Feb 16, 2023 9:50 PM
10 Comments
Joined Oct 2018
prax_srFeb 16, 2023 9:50 PM
10 Comments
Quote from ahtexas07 View quoted comment :
I might, still deciding and also depends upon what they offer for my trade in. Houston area.
Did you get a trade-in quote from Tesla? (I sent you a message btw.)
Feb 16, 2023 10:07 PM
511 Comments
Joined Feb 2012
Mikey122687Feb 16, 2023 10:07 PM
511 Comments
Quote from cheapodeal View quoted comment :
I don't understand. What is 2K back if AGI is more than 300K?
$2,000 = new TV or 20 sushi dinner at $100 each
Feb 16, 2023 10:10 PM
911 Comments
Joined Jun 2007
vishnumraoFeb 16, 2023 10:10 PM
911 Comments
Quote from RWelchS View quoted comment :
only if you under the income limit.
There are multiple conditions. I don't list them all. My point was to just ensure folks on this thread knew Tesla is now eligible.
Feb 16, 2023 10:25 PM
304 Comments
Joined Dec 2016
anhdongtxFeb 16, 2023 10:25 PM
304 Comments
Quote from iceage2007 View quoted comment :
Who is the cheapest insurance for model Y? TIA.
There isn't really an answer for this.

For me, it's Tesla Insurance but it depends on your own situation.
Feb 16, 2023 10:26 PM
3.2K Comments
Joined May 2018
TimlessFeb 16, 2023 10:26 PM
3.2K Comments
Quote from tonkotsu View quoted comment :
Do you often drive 400+ miles in 1 sitting?
it's one of those things where it's not normally important, but occasionally useful. for a second car it'll be fine with lower range.
Feb 16, 2023 10:28 PM
47 Comments
Joined Jun 2015
ahtexas07Feb 16, 2023 10:28 PM
47 Comments
Quote from prax_sr View quoted comment :
Did you get a trade-in quote from Tesla? (I sent you a message btw.)
Replied

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Feb 16, 2023 10:34 PM
88 Comments
Joined Dec 2005
myslick23Feb 16, 2023 10:34 PM
88 Comments
I have a reservation of Model Y with VIN number assigned. Austin, TX pickup. I am planning on cancelling. Anybody interested PM me.

SPEC:
Model Y All-Wheel Drive (269mil)
Pearl White Paint
20'' Induction Wheels
All Black Premium Interior
Five Seat Interior
Autopilot
Tow Hitch
Feb 16, 2023 10:56 PM
408 Comments
Joined Feb 2016
preetamFeb 16, 2023 10:56 PM
408 Comments
does Tower Credit Union approve loan for only citizens? Did anyone on work visa got approved with the Tower Credit Union?
Feb 17, 2023 12:01 AM
202 Comments
Joined Nov 2016
sm1907Feb 17, 2023 12:01 AM
202 Comments
IM cancelling mine, any one interested
NOTE: Its standard range: 269 mi

Model Y All-Wheel Drive
Deep Blue Metallic Paint
20'' Induction Wheels
All Black Premium Interior
Five Seat Interior
Autopilot
Tow Hitch
$54,990

Estimated Delivery: February 16 - March 09
Vin Assigned
Raleigh NC
Feb 17, 2023 12:20 AM
7 Comments
Joined Dec 2021
ThriftyCrow7304Feb 17, 2023 12:20 AM
7 Comments
Quote from myslick23 View quoted comment :
I have a reservation of Model Y with VIN number assigned. Austin, TX pickup. I am planning on cancelling. Anybody interested PM me.

SPEC:
Model Y All-Wheel Drive (269mil)
Pearl White Paint
20'' Induction Wheels
All Black Premium Interior
Five Seat Interior
Autopilot
Tow Hitch
Interested
Feb 17, 2023 12:25 AM
7 Comments
Joined Dec 2021
ThriftyCrow7304Feb 17, 2023 12:25 AM
7 Comments
Anyone cancelling model y LR reservation in Dallas Austin Houston area. Please let me know
Feb 17, 2023 12:26 AM
148 Comments
Joined Aug 2011
grxnxdosFeb 17, 2023 12:26 AM
148 Comments
What documentation does GCFCU ask you to in the auto loan process?
Feb 17, 2023 12:42 AM
13K Comments
Joined Nov 2008
575riderFeb 17, 2023 12:42 AM
13K Comments
Has anyone sold their car to Clicklane or a dealership that uses them? Thoughts?

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Feb 17, 2023 12:50 AM
486 Comments
Joined Dec 2006
ZurgFeb 17, 2023 12:50 AM
486 Comments
Quote from preetam View quoted comment :
does Tower Credit Union approve loan for only citizens? Did anyone on work visa got approved with the Tower Credit Union?
Only citizens or perm. residents.

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