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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 20, 2023 6:41 PM
1.7K Comments
Joined Aug 2003
tommyvelocityMar 20, 2023 6:41 PM
1.7K Comments
Quote from layspr :
Do you all order charging cable or wall connector before your delivery? I heard model Y is not coming with a charger any more so I went ahead and ordered the mobile connector and a nema 6-20 adapter (I have the 220v outlet in the garage for my other EV).
Correct, since April 2022, Tesla did not provide the mobile charger with new deliveries.

I had an electrician install 14' metal conduit with 60amp breaker for my tesla wall connector. Cost including permit (permit was $200 alone from my city) was $900 - WA suburb.

I also bought a mobile charger and threw it into my shallow sub trunk for emergencies. That came with both NEMA 5-15 and NEMA 14-50.

Also added a Ryobi Tire Inflator ($36 for tool only) since I have a lot of Ryobi tools. That should help in case I have a flat and I'm in the middle of nowhere or if the tow truck is taking its time.
Mar 20, 2023 8:10 PM
1.6K Comments
Joined Oct 2006
ericdabbsMar 20, 2023 8:10 PM
1.6K Comments
Quote from mydeal1290 :
In CA State, Tower FCU is asking to get Power of Attorney document notarized on the same page, but my Notarized person is saying, as per CA law the verbiage on the document is different and it can not be notarized on the same page. Anyone from CA state has used Tower FCU for loan? If yes, how did you tackled Power of Attorney document?
Geez TowerFCU doesn't make getting loans easy it seems like.
Last edited by ericdabbs March 20, 2023 at 01:16 PM.
Mar 20, 2023 8:23 PM
14 Comments
Joined Jan 2015
laysprMar 20, 2023 8:23 PM
14 Comments
Quote from EdEd1190 :
I installed a Wall Connector for permanent at-home use.

I also purchased the Mobile Connector to put in the trunk of the car for emergency or on-the-road use.

I also purchased the NEMA 5-20 adapter, and threw it in the Mobile Connector bag in case I am in a parking garage/hotel/etc. that has 20 amp outlets. Which will give you a bit faster charge rate than the included 5-15 adapter for 15 amp outlets.

Also, rather than connecting the Wall Connector directly to my 200 amp Main Panel, I installed a 100 amp Sub Panel and connected the Wall Connector to the Sub Panel with 60 amp breaker. Also, I added a 5-20 amp outlet with 20 amp breaker, and a 14-50 outlet with 50 amp breaker to the Sub Panel, that could be used with the Mobile Connector in a pinch.

A bit overkill, but I wanted to have multiple charging options, redundancy, and future proofing.
wow, you have all the optionsApplause
Mar 20, 2023 8:24 PM
114 Comments
Joined Dec 2007
SuperchuffedMar 20, 2023 8:24 PM
114 Comments
Quote from brutal :
Were you already assigned VIN before they changed the EDD?
Order date was 1/19 in NJ. No VIN assigned and EDD kept being pushed
Mar 20, 2023 10:28 PM
605 Comments
Joined Aug 2007
GaSiTinhMar 20, 2023 10:28 PM
605 Comments
I just got my MYLR delivered to home today. There are several panel and paint issues. I just created and submitted a service request for 1 issue (and got estimated cost - free for now- and need my approval for the service to be done.) I'd would like to add requests for other issues but can't see the option to do it. Is it true that we only have 1 service request at a time? I can not even add other issues to the same request. Anyone have any advice? really appreciate. (I need to do this within first 100 miles driven)
Mar 20, 2023 11:22 PM
1.7K Comments
Joined Aug 2003
tommyvelocityMar 20, 2023 11:22 PM
1.7K Comments
Quote from GaSiTinh :
I just got my MYLR delivered to home today. There are several panel and paint issues. I just created and submitted a service request for 1 issue (and got estimated cost - free for now- and need my approval for the service to be done.) I'd would like to add requests for other issues but can't see the option to do it. Is it true that we only have 1 service request at a time? I can not even add other issues to the same request. Anyone have any advice? really appreciate. (I need to do this within first 100 miles driven)
within your service appointment, go to the chat function (lower right of the screen) and chat with your Service Center and tell them of the different issues. They will add it to your service appointment.
Mar 20, 2023 11:23 PM
90 Comments
Joined Sep 2010
dealramMar 20, 2023 11:23 PM
90 Comments
Tesla rep is asking me to pay via plaid for Wednesday delivery stating that "the payment of the vehicle must be processed prior to pick up due to limitations with Texas and Tesla's ability to sell and delivery vehicles in Texas. Please be assured that we can refund your payment if the vehicle is unsatisfactory in anyway. Thank you for your understanding."

Is this true?

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Mar 20, 2023 11:42 PM
1.7K Comments
Joined Aug 2003
tommyvelocityMar 20, 2023 11:42 PM
1.7K Comments
Quote from dealram :
Tesla rep is asking me to pay via plaid for Wednesday delivery stating that "the payment of the vehicle must be processed prior to pick up due to limitations with Texas and Tesla's ability to sell and delivery vehicles in Texas. Please be assured that we can refund your payment if the vehicle is unsatisfactory in anyway. Thank you for your understanding."

Is this true?
I believe that's correct for Texas.

https://www.greencarreports.com/n...-to-texans
Mar 21, 2023 12:54 AM
122 Comments
Joined May 2014
V-007Mar 21, 2023 12:54 AM
122 Comments
Quote from GaSiTinh :
I just got my MYLR delivered to home today. There are several panel and paint issues. I just created and submitted a service request for 1 issue (and got estimated cost - free for now- and need my approval for the service to be done.) I'd would like to add requests for other issues but can't see the option to do it. Is it true that we only have 1 service request at a time? I can not even add other issues to the same request. Anyone have any advice? really appreciate. (I need to do this within first 100 miles driven)
What kind of panel issues?

FYI 5mm variance is allowed and they won't fix those issues if in that range.

Edit: for reference car I got had top glass offset left. One side he barely got measuring stick into and the other side you could easily fit your whole thumb and then some.

He said it's within allowed thresholds and they won't fix it.
So I could see it was off, he could see it was off but Tesla wouldn't fix it.
Last edited by V-007 March 20, 2023 at 05:57 PM.
Mar 21, 2023 2:14 AM
6 Comments
Joined Oct 2017
TimothyL8054Mar 21, 2023 2:14 AM
6 Comments
Quote from mydeal1290 :
In CA State, Tower FCU is asking to get Power of Attorney document notarized on the same page, but my Notarized person is saying, as per CA law the verbiage on the document is different and it can not be notarized on the same page. Anyone from CA state has used Tower FCU for loan? If yes, how did you tackled Power of Attorney document?
Went to ups and didn't have any issues (this is also in the Bay Area)
Mar 21, 2023 2:17 AM
39 Comments
Joined Jul 2019
MustHaveBargainMar 21, 2023 2:17 AM
39 Comments
What if I order today and don't receive by 3/31? Will I not be eligible for the $7,500 tax rebate?
Mar 21, 2023 2:21 AM
1.6K Comments
Joined Oct 2006
ericdabbsMar 21, 2023 2:21 AM
1.6K Comments
Quote from MustHaveBargain :
What if I order today and don't receive by 3/31? Will I not be eligible for the $7,500 tax rebate?
There is no guarantee that March 31st will be the final day for the $7500 tax rebate. It may or may not happen. Given all that is going on with the banks, I doubt that it is the highest priority right now. Again you can always back out and just risk losing the $250 which is a small price to pay then get into something you don't want.
Mar 21, 2023 2:22 AM
1.6K Comments
Joined Oct 2006
ericdabbsMar 21, 2023 2:22 AM
1.6K Comments
Quote from EdEd1190 :
I installed a Wall Connector for permanent at-home use.

I also purchased the Mobile Connector to put in the trunk of the car for emergency or on-the-road use.

I also purchased the NEMA 5-20 adapter, and threw it in the Mobile Connector bag in case I am in a parking garage/hotel/etc. that has 20 amp outlets. Which will give you a bit faster charge rate than the included 5-15 adapter for 15 amp outlets.

Also, rather than connecting the Wall Connector directly to my 200 amp Main Panel, I installed a 100 amp Sub Panel and connected the Wall Connector to the Sub Panel with 60 amp breaker. Also, I added a 5-20 amp outlet with 20 amp breaker, and a 14-50 outlet with 50 amp breaker to the Sub Panel, that could be used with the Mobile Connector in a pinch.

A bit overkill, but I wanted to have multiple charging options, redundancy, and future proofing.
The only thing you are missing is that you don't have a CCS to Tesla adapter just in case you don't have access to Supercharger network and need to tap into EA or EVGO for CCS DC fast charging.
Mar 21, 2023 5:04 AM
428 Comments
Joined Dec 2007
ElPipoMar 21, 2023 5:04 AM
428 Comments
Quote from jmanlolo :
Ordered 3/9 at 8:51pm HST. Oahu, HI. Model 3 M3; estimated delivery 3/24-31.

Pleasantly surprised with the seemingly quick turnaround for Hawaii nonetheless - we shall see
Aloha, I picked-up my Model Y on Friday. Initially, the dates looked good, but they kept getting pushed back. It took exactly two months from the date I ordered the car to the date that I picked it up. Interestingly, the pick-up location was in Ala Moana. Good luck - I hope that you get it as quickly as they are estimating.

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Mar 21, 2023 7:37 AM
672 Comments
Joined Aug 2011
iamjpadMar 21, 2023 7:37 AM
672 Comments
Quote from ericdabbs :
There is no guarantee that March 31st will be the final day for the $7500 tax rebate. It may or may not happen. Given all that is going on with the banks, I doubt that it is the highest priority right now. Again you can always back out and just risk losing the $250 which is a small price to pay then get into something you don't want.
The 31st march (i.e end of March) is the law as written into the act that makes this rebate possible, so I would not bet on that not happening regardless of what is happening in the markets.

The 7500 rebate is not going away, it will be around for many more years, in fact by next year the rebate can be taken at time of purchase by the dealer, so you would see the price reduction immediately at purchase time.

What the IRS is issuing is the guidance as required by the law that makes the 7500 even possible. That guidance can be lenient or harsh on the components sourcing requirements. Given how Tesla leaned into this aggressively, I would think that they suspect they won't meet that guidance once issued, at least not immediately. Like every other EV manufacturer, they might need a year or even 2 to meet the guidance if it is harsh.

Every EV manufacturer is now pivoting to the US to build so they can meet the expected guidance, just last week the heads at VW said the rebates in the US were just too good to resist and that they will be ramping up to meet the guidance.

If I had to bet, I would say that the guidance is already written and that it is harsh, so the IRS is simply waiting till Mar 31 to publish it to allow us take this because people gonna be mad.

But like he said, worst case you lose $250

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