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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 2,617,354 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 22, 2023 07:18 PM
3 Posts
Joined Jul 2021
cubi321Feb 22, 2023 07:18 PM
3 Posts
TFCU new auto loan rates changed today starting at 7.74% for 36 months.
Feb 22, 2023 07:34 PM
30 Posts
Joined Feb 2019
Pcbytes32Feb 22, 2023 07:34 PM
30 Posts
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 07:55 PM
121 Posts
Joined Nov 2003
kenshiFeb 22, 2023 07:55 PM
121 Posts
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 08:38 PM
121 Posts
Joined Nov 2003
kenshiFeb 22, 2023 08:38 PM
121 Posts
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 08:45 PM
37 Posts
Joined Jun 2008
readmeFeb 22, 2023 08:45 PM
37 Posts
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 01:48 PM.
Feb 22, 2023 09:15 PM
49 Posts
Joined Aug 2020
PurpleSuit3246Feb 22, 2023 09:15 PM
49 Posts
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 09:24 PM
7 Posts
Joined Oct 2010
yearlaw11Feb 22, 2023 09:24 PM
7 Posts
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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Pro
Feb 22, 2023 09:35 PM
396 Posts
Joined May 2018
MaroonCircle6262
Pro
Feb 22, 2023 09:35 PM
396 Posts
Quote from yearlaw11 :
i'm in the same boat
I am in process with refi with tower will update what happens 😃
Feb 22, 2023 09:53 PM
167 Posts
Joined Nov 2015
19DealsFeb 22, 2023 09:53 PM
167 Posts
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 09:54 PM
167 Posts
Joined Nov 2015
19DealsFeb 22, 2023 09:54 PM
167 Posts
Quote from yearlaw11 :
i used the loan application number.
Your loan is already approved I assume.
Feb 22, 2023 09:58 PM
917 Posts
Joined Apr 2008
mydeal1290Feb 22, 2023 09:58 PM
917 Posts
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 09:58 PM
1,567 Posts
Joined Mar 2008
rkingjFeb 22, 2023 09:58 PM
1,567 Posts
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 Posts
Joined Jul 2021
cubi321Feb 22, 2023 10:05 PM
3 Posts
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
167 Posts
Joined Nov 2015
19DealsFeb 22, 2023 10:36 PM
167 Posts
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 Posts
Joined Oct 2010
yearlaw11Feb 22, 2023 11:18 PM
7 Posts
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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