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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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Mar 17, 2023 11:21 AM
672 Comments
Joined Aug 2011
iamjpadMar 17, 2023 11:21 AM
672 Comments
Quote from Eltoroz00m :
I wouldn't be surprise if they do not announce the new guidance until next month, due to the bank issues going on right now.
I think the guidance is a legal requirement from the law, so I wouldn't bank on any delay past 31 March.
Mar 17, 2023 1:45 PM
399 Comments
Joined Oct 2004
Eltoroz00mMar 17, 2023 1:45 PM
399 Comments
Quote from chucktaylur :
For those who paid with plaid, does Tesla withdraw the funds prior to delivery or after you it accept in the app?
Depends on when you actually submit the payment. You could pay on day off pick up, while in front of car. The funds are not taken immediately, takes about 24 hrs.
Last edited by Eltoroz00m March 17, 2023 at 06:56 AM.
Mar 17, 2023 1:53 PM
1.7K Comments
Joined Aug 2003
tommyvelocityMar 17, 2023 1:53 PM
1.7K Comments
Quote from xftman :
Sorry I mean from order to take delivery
A few days, depends on how quickly you complete all the tasks before you can schedule your delivery date and time.
Mar 17, 2023 2:04 PM
804 Comments
Joined Sep 2013
chucktaylurMar 17, 2023 2:04 PM
804 Comments
Quote from Eltoroz00m :
Depends on when you actually submit the payment. You could pay on day off pick up, while in front of car. The funds are not taken immediately, takes about 24 hrs.
Thanks. I just wanted to make sure they wouldn't take the funds if I had to reject the car.
Mar 17, 2023 2:20 PM
3.4K Comments
Joined Jun 2014
EdEd1190Mar 17, 2023 2:20 PM
3.4K Comments
Quote from chucktaylur :
For those who paid with plaid, does Tesla withdraw the funds prior to delivery or after you it accept in the app?
I paid with plaid a couple days ago, for my delivery scheduled for next week.

The funds were taken out of my account overnight that same night during nightly bank processing.

I still haven't pick up the car (comes in next week). So when you pay on Plaid, it defiantly takes the money.

Also, note that in order to "add" your payment method, you actually have to have that money in the account or it crashes with an error saying you don't have the money. I was trying to just "add" the payment method (but not actually pay), and then was going to move money into that account in a few days to pay. It must somehow know the amount in the account (even though you are not paying).

So don't add the account until you have it fully funded. Otherwise crashes.
Last edited by EdEd1190 March 17, 2023 at 07:29 AM.
Mar 17, 2023 2:20 PM
25 Comments
Joined May 2020
GreyMallard264Mar 17, 2023 2:20 PM
25 Comments
For the final payment, if we use cashiers check. Can we hand it to SA while picking the car or should we mail it to Tesla
Mar 17, 2023 2:21 PM
3.4K Comments
Joined Jun 2014
EdEd1190Mar 17, 2023 2:21 PM
3.4K Comments
Quote from chucktaylur :
Thanks. I just wanted to make sure they wouldn't take the funds if I had to reject the car.
No, they will take the funds as soon as you pay in Plaid.

I paid 2 days ago, money is gone.

Scheduled pickup on my car is next week.

Not sure what happens if you reject, if they somehow back out the transaction and give you your money back. But they defiantly will take the money the moment you press the "Pay" button. Even if it is weeks ahead of time.

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Mar 17, 2023 4:22 PM
605 Comments
Joined Aug 2007
GaSiTinhMar 17, 2023 4:22 PM
605 Comments
Quote from EdEd1190 :
I paid with plaid a couple days ago, for my delivery scheduled for next week.

The funds were taken out of my account overnight that same night during nightly bank processing.

I still haven't pick up the car (comes in next week). So when you pay on Plaid, it defiantly takes the money.

Also, note that in order to "add" your payment method, you actually have to have that money in the account or it crashes with an error saying you don't have the money. I was trying to just "add" the payment method (but not actually pay), and then was going to move money into that account in a few days to pay. It must somehow know the amount in the account (even though you are not paying).

So don't add the account until you have it fully funded. Otherwise crashes.
Yes, the same with me they immediately withdrew my 20% down payment (the rest from car loan from Sea Air FCU)
Mar 17, 2023 4:33 PM
399 Comments
Joined Oct 2004
Eltoroz00mMar 17, 2023 4:33 PM
399 Comments
Quote from GreyMallard264 :
For the final payment, if we use cashiers check. Can we hand it to SA while picking the car or should we mail it to Tesla
You should be able to hand it, but confirm w/ your SA. Cash Payment instructions should be at the bottom of your MVPA document.
Mar 17, 2023 5:49 PM
23 Comments
Joined Oct 2016
adithyasoft7Mar 17, 2023 5:49 PM
23 Comments
Quote from GaSiTinh :
I was able to get car loan with Sea Air FCU @ rate 3.75% (after failure with GCFCU). It just took a few days to get the loan, so quick.

If you're interested with Sea Air FCU, please PM me I can give you a very good associate contact.
@GaSiTinh - Can you please help me with the associate contact details at Sea Air FCU ?
Mar 17, 2023 5:50 PM
25 Comments
Joined May 2020
GreyMallard264Mar 17, 2023 5:50 PM
25 Comments
Quote from Eltoroz00m :
You should be able to hand it, but confirm w/ your SA. Cash Payment instructions should be at the bottom of your MVPA document.
Thanks. SA told I should ship it to Tesla and send tracking number and photo
Mar 17, 2023 6:07 PM
98 Comments
Joined Jul 2012
wzzp144Mar 17, 2023 6:07 PM
98 Comments
Quote from ericdabbs :
Don't worry about your VIN reassignment if you are already being assigned a VIN the first time that means that Tesla wants to wrap up your reservation number so in my case I did use my 1 hold and after I released the hold I got a new VIN within 24 hours.
But the thing is, they deleted my VIN saying I can't pick up in JAX if I'm registering it in GA. I still haven't got reassigned a new VIN for a week now. I know several people being able to pick up in different states so it's definitely BS what they did.
Mar 17, 2023 6:13 PM
1.6K Comments
Joined Oct 2006
ericdabbsMar 17, 2023 6:13 PM
1.6K Comments
Quote from wzzp144 :
But the thing is, they deleted my VIN saying I can't pick up in JAX if I'm registering it in GA. I still haven't got reassigned a new VIN for a week now. I know several people being able to pick up in different states so it's definitely BS what they did.
Oh wait was your first VIN not automatically assigned but it was via selecting an inventory car and assigned the VIN in your reservation? Because I don't understand this whole notion of picking up a car in another state which probably tells me your first VIN was not assigned by the system.

I am confused because there are plenty of data points where if you were assigned a VIN the first time, put on hold and then release hold and the 2nd VIN is reassigned rather quickly.
Mar 17, 2023 6:28 PM
605 Comments
Joined Aug 2007
GaSiTinhMar 17, 2023 6:28 PM
605 Comments
Quote from adithyasoft7 :
@GaSiTinh - Can you please help me with the associate contact details at Sea Air FCU ?
Please reach out to Leslie Nguyen, her email: [email protected].

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Mar 17, 2023 6:45 PM
290 Comments
Joined May 2006
2NeolinuxMar 17, 2023 6:45 PM
290 Comments
Quote from GreyMallard264 :
Thanks. SA told I should ship it to Tesla and send tracking number and photo
I paid last week with Cashiers check to SA when I went to pickup
No need to ask them, just take the check with you
I know this thread is long, but many in this thread have confirmed paying with Cashiers check during pickup

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