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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 22, 2023 7:18 PM
3 Comments
Joined Jul 2021
cubi321Feb 22, 2023 7:18 PM
3 Comments
TFCU new auto loan rates changed today starting at 7.74% for 36 months.
Feb 22, 2023 7:34 PM
30 Comments
Joined Feb 2019
Pcbytes32Feb 22, 2023 7:34 PM
30 Comments
Quote from MaroonCircle6262 :
Yes i think it says in tesla app when you go to review documents i did see somewhere all registeriants have to be present
I heard on other forums they don't really check at some places. Not sure how true it is in the bay area
Feb 22, 2023 7:55 PM
128 Comments
Joined Nov 2003
kenshiFeb 22, 2023 7:55 PM
128 Comments
Quote from Mikey122687 :
Anyone able to succesfully use Tesla Loan and then refi it using Tower? I have to pick up the car 2/27 and I'm not sure if Tower is fast enough to get everything done
I quick financed with my personal bank... i am in the refi process to close with tower this week... they are slow walking my loan tho!!!
Feb 22, 2023 8:38 PM
128 Comments
Joined Nov 2003
kenshiFeb 22, 2023 8:38 PM
128 Comments
I don't think you need to get tesla the loan check to pickup the car... you just need to show them the loan final[could be estimated] loan disclosure from Tower. If you can get a copy of that and show them, tesla will schedule you.

Attachment 13052695
Feb 22, 2023 8:45 PM
37 Comments
Joined Jun 2008
readmeFeb 22, 2023 8:45 PM
37 Comments
Order on 1/17 MYLR
Picked it yesterday in Portland - Fremont build (Matrix, headlights, PPF, front mud flaps and truck cover included)

I have a level 2 charger at my place from prev owner and was not being actively used all these days. Model Y throws out error on hook up. Any suggestions on how to clean or make it work...

Between I don't see any difference between cost saving with ev on long trips. I've charged 14$ at supercharger and it gave me 90+ mile range to put me back at same level before charging.
Last edited by readme February 22, 2023 at 12:48 PM.
Feb 22, 2023 9:15 PM
49 Comments
Joined Aug 2020
PurpleSuit3246Feb 22, 2023 9:15 PM
49 Comments
Quote from readme :
Order on 1/17 MYLR
Picked it yesterday in Portland - Fremont build (Matrix, headlights, PPF, front mud flaps and truck cover included)

I have a level 2 charger at my place from prev owner and was not being actively used all these days. Model Y throws out error on hook up. Any suggestions on how to clean or make it work...

Between I don't see any difference between cost saving with ev on long trips. I've charged 14$ at supercharger and it gave me 90+ mile range to put me back at same level before charging.
PPF, front mud flaps and truck cover part of your order or paid extra for these?
Feb 22, 2023 9:24 PM
7 Comments
Joined Oct 2010
yearlaw11Feb 22, 2023 9:24 PM
7 Comments
Quote from Mikey122687 :
Anyone able to succesfully use Tesla Loan and then refi it using Tower? I have to pick up the car 2/27 and I'm not sure if Tower is fast enough to get everything done
i'm in the same boat

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Feb 22, 2023 9:35 PM
405 Comments
Joined May 2018
MaroonCircle6262Feb 22, 2023 9:35 PM
405 Comments
Quote from yearlaw11 :
i'm in the same boat
I am in process with refi with tower will update what happens 😃
Feb 22, 2023 9:53 PM
168 Comments
Joined Nov 2015
19DealsFeb 22, 2023 9:53 PM
168 Comments
Did anyone in California has this problem when they go to get the TCU power of attorney form notarize, the notary said the format is wrong and she attached a new sheet for it.
Feb 22, 2023 9:54 PM
168 Comments
Joined Nov 2015
19DealsFeb 22, 2023 9:54 PM
168 Comments
Quote from yearlaw11 :
i used the loan application number.
Your loan is already approved I assume.
Feb 22, 2023 9:58 PM
921 Comments
Joined Apr 2008
mydeal1290Feb 22, 2023 9:58 PM
921 Comments
Quote from 19Deals :
Did anyone in California has this problem when they go to get the TCU power of attorney form notarize, the notary said the format is wrong and she attached a new sheet for it.
Do you need to put vin number before notary document?
Feb 22, 2023 9:58 PM
1.6K Comments
Joined Mar 2008
rkingjFeb 22, 2023 9:58 PM
1.6K Comments
Quote from readme :
Order on 1/17 MYLR
Picked it yesterday in Portland - Fremont build (Matrix, headlights, PPF, front mud flaps and truck cover included)

I have a level 2 charger at my place from prev owner and was not being actively used all these days. Model Y throws out error on hook up. Any suggestions on how to clean or make it work...

Between I don't see any difference between cost saving with ev on long trips. I've charged 14$ at supercharger and it gave me 90+ mile range to put me back at same level before charging.
Congrats! what is your vin PF6xx? Do you have 3D1/980 or 3D5/990 rear motor?
Feb 22, 2023 10:05 PM
3 Comments
Joined Jul 2021
cubi321Feb 22, 2023 10:05 PM
3 Comments
To All:

Tower Federal Credit Unit car loan interest rate went up significantly today from 2.99% to 7.74% per https://www.towerfcu.org/borrow/loan-rates/. Please don't waste your time going through them unless you want a higher interest rate than Tesla at 5.44%.
Feb 22, 2023 10:36 PM
168 Comments
Joined Nov 2015
19DealsFeb 22, 2023 10:36 PM
168 Comments
Quote from mydeal1290 :
Do you need to put vin number before notary document?
I did. I was actually waiting for a VIN just so I can the document. But maybe other members who managed to get through the process can chime in.

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Feb 22, 2023 11:18 PM
7 Comments
Joined Oct 2010
yearlaw11Feb 22, 2023 11:18 PM
7 Comments
Quote from 19Deals :
Did anyone in California has this problem when they go to get the TCU power of attorney form notarize, the notary said the format is wrong and she attached a new sheet for it.
i did the same process at the ups store in california. tower said it was fine when i submitted the document

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