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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 17, 2023 12:56 AM
38 Comments
Joined Oct 2013
merc-8181Feb 17, 2023 12:56 AM
38 Comments
Does it make sense to order Model Y LR if the delivery date is Apr-Jun? Will I still get the tax credit?
1
Feb 17, 2023 12:57 AM
32 Comments
Joined Jan 2014
Tesla_dudeFeb 17, 2023 12:57 AM
32 Comments
Quote from Zurg :
Only citizens or perm. residents.
Any other options for visa holders ?
Feb 17, 2023 1:03 AM
15.4K Comments
Joined Sep 2009
KnightshadeFeb 17, 2023 1:03 AM
15.4K Comments
Quote from merc-8181 :
Does it make sense to order Model Y LR if the delivery date is Apr-Jun? Will I still get the tax credit?

Nobody can answer that question because Treasury is not issuing their sourcing guidance until sometime (no specific date given) in March.

You will LIKELY be eligible for at least $3750 of it, you MIGHT be eligible for the other $3750 of it (reasonably likely since all Ys use batteries and packs made in the US, though some minerals come from elsewhere) but again nobody can say for sure until the guidance comes out.
Feb 17, 2023 1:47 AM
679 Comments
Joined Oct 2016
RWelchSFeb 17, 2023 1:47 AM
679 Comments
do all model y come with the fake wood interior? is there an option to choose?
Feb 17, 2023 1:59 AM
266 Comments
Joined Nov 2017
rk8Feb 17, 2023 1:59 AM
266 Comments
Any one cancelling reservation in georgia for model y long range, please dm me. Thanks
Feb 17, 2023 2:14 AM
128 Comments
Joined Jun 2011
dealstapori15Feb 17, 2023 2:14 AM
128 Comments
Any one cancelling their Model Y Long Range with DMV(washington dc, Maryland, Virginia). Pls DM me and will take quick do quick transaction
Feb 17, 2023 2:32 AM
2K Comments
Joined Oct 2004
PassionsFeb 17, 2023 2:32 AM
2K Comments
Quote from Knightshade :
Yeah, I mean all other brands have... oh...wait...

Examples of new car door alignment problems from:

BMW
https://f30.bimmerpost.com/forums...?t=1038260
https://x3.xbimmers.com/forums/sh...?t=1593058
https://x3.xbimmers.com/forums/sh...p?t=595827

Mercedes
https://www.aclassclub.co.uk/thre...ent.14449/
https://www.glaowners.com/threads...ned.20049/
https://www.benzworld.org/threads...t.1297120/

Toyota
https://www.toyotanation.com/thre...d.1559018/
https://www.toyotanation.com/thre...t.1698657/
https://www.toyotanation.com/thre...l.1696646/

Honda
https://www.driveaccord.net/threa...nt.553490/
https://www.driveaccord.net/threa...nt.362458/
https://www.driveaccord.net/threa...or.299297/




it's almost like all car makers have minor quality problems even ones that've been making cars for 100+ years or something.

as noted in most of those threads for other brands (and ones about similar problems from Tesla) this is among the easier things for a service center to adjust (or even an owner if you're mildly handy and don't want to bother with service).

Yeah, ideally EVERY example of a mass produced thing would come out identical and perfect- but that just ain't so in the real world... for any brand.

My Lexus had more physical defects than my Tesla did out of the factory. (NOT suggesting that's typical, but the idea everyone else makes perfect cars is a fantasy)
Lexus having more physical defects than a Tesla? I find that extremely hard to believe. Unless you got one built in USA, then I would believe it. Made in Japan = Flawless perfection.

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Feb 17, 2023 2:50 AM
3.9K Comments
Joined Mar 2013
vksduserFeb 17, 2023 2:50 AM
3.9K Comments
Quote from merc-8181 :
Does it make sense to order Model Y LR if the delivery date is Apr-Jun? Will I still get the tax credit?
If you are ready to put $250 to order and keep a reservation and wait in Q2, go ahead.
Say if the tax credit rules changes and eligibility becomes difficult, then demand can go down and many will not show interest to buy because there is no rebate, then there may be price drop. if the rebate extends then you are still way ahead of others and you can get MY in early Q2.
Feb 17, 2023 2:59 AM
88 Comments
Joined Dec 2005
myslick23Feb 17, 2023 2:59 AM
88 Comments
Quote from prax_sr :
Did you get a trade-in quote from Tesla? (I sent you a message btw.)
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 (standard range 269mil)
Pearl White Paint
20'' Induction Wheels
All Black Premium Interior
Five Seat Interior
Autopilot
Tow Hitch
Feb 17, 2023 3:43 AM
15.4K Comments
Joined Sep 2009
KnightshadeFeb 17, 2023 3:43 AM
15.4K Comments
Quote from Passions :
Lexus having more physical defects than a Tesla? I find that extremely hard to believe. Unless you got one built in USA, then I would believe it. Made in Japan = Flawless perfection.

Nope, made in Japan. IS350.

The dead pedal was snapped off when I picked it up brand new special ordered from factory and there was a scratch in the paint near the drivers door handle.

Also it was missing the illuminated door sills the sport package at the time said it came with when I ordered.

Also the ML stereo system option I had didn't actually play DVD-A like the option in the order book said it could.

So pretty far from perfection really.



The dead pedal they easily fixed... though it snapped off AGAIN a couple years into ownership (and dealer repaired with a new part under warranty... did not break a third time at least despite keeping the car a fair bit of time after)

The scratch they touched up but after 2 different attempts the best they got was if you looked close you could tell it was there so all they could offer was give me my next 2 scheduled service visits for free- that one was the biggest disappointment I guess in the end?

The missing door sills they did the best job on- they sent a tech to my workplace instead of making me come back in yet again and he swapped the correct sills on in the parking lot.

The stereo thing I had to escalate to Lexus corporate... Turns out that was a corporate mistake too... the order book lists ML stereo with Nav, and ML stereo without nav. Both list DVD-A in the features. Only the "with nav" one actually played DVD-A though and I had special ordered the without-nav version (because the nav kinda sucked anyway and was several thousand dollars more to get it). Corporate finally made that "right" in a sense... they refunded the full cost of the ML option to me... so I still ended up with the better stereo system, just without the ability to play DVD-A... and they updated their order book to correctly reflect the difference for future buyers. Probably a net win I guess?



The Tesla though? There was a tiny bit of overspray on the front windshield... they only delivered it with 1 keycard not 2...and...

That's it. Car was otherwise perfect. Service cleaned up the windshield same day as delivery for me, and they sent someone to my work to hand-deliver a spare keycard a couple days later.



DURING ownership.... the Lexus had multiple recalls that required physically bringing the car into Lexus each time. Plus twice a year scheduled maintenance.

The Tesla has had one physical recall- and they sent someone to my house to do it. And has required -zero- scheduled maintenance in 4+ years of ownership other than changing the cabin air filter every couple years.



I'm not saying this is how it is for everyone with a Lexus or a Tesla. But the idea legacy auto never makes mistakes just ain't so.
Last edited by Knightshade February 16, 2023 at 07:50 PM.
Feb 17, 2023 3:43 AM
1K Comments
Joined Sep 2008
JV13Feb 17, 2023 3:43 AM
1K Comments
Does GCFCU still have the lowest auto loan rates?

What other credit union has low rates without having to jump through hoops to apply?
Feb 17, 2023 3:56 AM
38 Comments
Joined Oct 2013
merc-8181Feb 17, 2023 3:56 AM
38 Comments
Quote from vksduser :
If you are ready to put $250 to order and keep a reservation and wait in Q2, go ahead.
Say if the tax credit rules changes and eligibility becomes difficult, then demand can go down and many will not show interest to buy because there is no rebate, then there may be price drop. if the rebate extends then you are still way ahead of others and you can get MY in early Q2.
Yeah kinda makes sense.. I also an option to cancel/transfer my order, correct? Provided someone is ready to take it.
Feb 17, 2023 4:24 AM
2 Comments
Joined Jul 2022
BeautifulDeer5629Feb 17, 2023 4:24 AM
2 Comments
Quote from prax_sr :
Anyone in the Houston/San Antonio/Austin area giving up their reservation?
I may cancel mine and in Fort Worth TX. Please PM me
Feb 17, 2023 4:37 AM
10 Comments
Joined Oct 2018
prax_srFeb 17, 2023 4:37 AM
10 Comments
Quote from BeautifulDeer5629 :
I may cancel mine and in Fort Worth TX. Please PM me
PMed you!

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Feb 17, 2023 4:59 AM
921 Comments
Joined Apr 2008
mydeal1290Feb 17, 2023 4:59 AM
921 Comments
Quote from TheKingofDeals :
Hopefully you got your refinance lock at Tower looks like they raised rates. "New Auto
5.74% as low as APR*"
I got mine all squared away last week at the 2.99% and they mailed a check to Tesla so I am set.
Can you tell me the steps you have taken to send some information to Tower once VIN number was assigned to your car?

Did you also submitted any power of attorney kind of document to Tower?

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