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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 24, 2023 7:20 PM
3.4K Comments
Joined Jun 2014
EdEd1190Mar 24, 2023 7:20 PM
3.4K Comments
Quote from ericdabbs :
Oh it has been weeks. Very strange. Typically once a VIN is assigned at least in California, its liike gogogo to pick it up within 1 week or else we will release it to the next customer so nobody would get their permanent license plates by delivery day.
I just looked at the Registration in the glove compartment.

It says:

"Date Issued: 03/22/2023"
"Plate Issued: 03/22/2023"

Which is the date I picked up the car. Not sure exactly what they are doing, but it seems like in my State they maybe have a stack of license plates and are issuing the registration at the pickup location. The registration was actually printed/issued the day I picked the car up. So maybe dealers in my state have authority to act as a tag agency or something.

Don't know, but I was pleasantly surprised when the tag was already installed on the car and registration in the glove compartment. One less thing to do or worry about.
Mar 24, 2023 7:23 PM
1.6K Comments
Joined Oct 2006
ericdabbsMar 24, 2023 7:23 PM
1.6K Comments
Quote from EdEd1190 :
I just looked at the Registration in the glove compartment.

It says:

"Date Issued: 03/22/2023"
"Plate Issued: 03/22/2023"

Which is the date I picked up the car. Not sure exactly what they are doing, but it seems like in my State they maybe have a stack of license plates and are issuing the registration at the pickup location. The registration was actually printed/issued the day I picked the car up. So maybe dealers in my state have authority to act as a tag agency or something.

Don't know, but I was pleasantly surprised when the tag was already installed on the car and registration in the glove compartment. One less thing to do or worry about.
What state are you in?
Mar 24, 2023 11:32 PM
3K Comments
Joined Dec 2011
hbsjrMar 24, 2023 11:32 PM
3K Comments
Quote from vksduser :
1/27 MYLR original EDD was in end of March
Today EDD moved from 04/15-05/22 to 03/24-03/31
Which location?
Mar 24, 2023 11:43 PM
3.9K Comments
Joined Mar 2013
vksduserMar 24, 2023 11:43 PM
3.9K Comments
Quote from hbsjr :
Which location?
SoCal,
grey and black interior. Based on VIN Austin build
Mar 25, 2023 12:09 AM
3K Comments
Joined Dec 2011
hbsjrMar 25, 2023 12:09 AM
3K Comments
Quote from vksduser :
SoCal,
grey and black interior. Based on VIN Austin build
I see.. mine is still hanging March 30-31 (1/25 order) in Central Valley
Mar 25, 2023 3:13 AM
17 Comments
Joined Nov 2018
lpop1234Mar 25, 2023 3:13 AM
17 Comments
Quote from hbsjr :
I see.. mine is still hanging March 30-31 (1/25 order) in Central Valley
there are many cars available in central valley. Call Tesla and ask them to assign one of the vehicle you want.
Mar 25, 2023 4:32 AM
3K Comments
Joined Dec 2011
hbsjrMar 25, 2023 4:32 AM
3K Comments
Quote from lpop1234 :
there are many cars available in central valley. Call Tesla and ask them to assign one of the vehicle you want.
I see standard Range? I need Long Range

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Mar 25, 2023 5:09 AM
275 Comments
Joined Mar 2008
gorditaMar 25, 2023 5:09 AM
275 Comments
Looking for guidance here, buying a model 3 from a local person(CA), she had a lien which she paid off but it's taking too long for the title to arrive. Allegedly, the lien holder (bank) has sent over the title release info to dmv but it's only been 3 business days since they received the payoff amount from the seller. Can we go to the dmv without a title and attempt to transfer the title?
Does the dmv have the capability to check in their system that the title is clear of any liens?
What's the worst-case scenario?

Has anyone attempted this?

There are no trust issues between the buyer and seller.
Thanks
1
Mar 25, 2023 3:26 PM
246 Comments
Joined May 2010
KeithLMar 25, 2023 3:26 PM
246 Comments
I placed my order for MYLR White/White on 1/19. My delivery date got moved many times. It is now 4/8 to 5/6. Do I need to take delivery by 3/31 to be eligible for $7500 tax credit? Is there anything I can do?
Mar 25, 2023 3:40 PM
17 Comments
Joined Nov 2018
lpop1234Mar 25, 2023 3:40 PM
17 Comments
Quote from hbsjr :
I see standard Range? I need Long Range
There are few performance and also few LR with seven seater
Mar 25, 2023 9:20 PM
672 Comments
Joined Aug 2011
iamjpadMar 25, 2023 9:20 PM
672 Comments
Quote from gordita :
Looking for guidance here, buying a model 3 from a local person(CA), she had a lien which she paid off but it's taking too long for the title to arrive. Allegedly, the lien holder (bank) has sent over the title release info to dmv but it's only been 3 business days since they received the payoff amount from the seller. Can we go to the dmv without a title and attempt to transfer the title?
Does the dmv have the capability to check in their system that the title is clear of any liens?
What's the worst-case scenario?

Has anyone attempted this?

There are no trust issues between the buyer and seller.
Thanks
Not sure what the rules in CA is.
On the east coast, I once bought a car with a lien on it.
My experience was that I got the account details, from which I got the payoff amount. then got a written transfer of title document and bill of sale. I then communicated to the lienholder bank that I was paying it off and gave them the transfer and BOS. I paid off the lien myself just to be sure and the lienholder returned the title to me instead of the seller using a transfer of lien form.

It took under a week from the payoff for the lien holder to notify the DMV electronically, but I was able to register it as soon as that reflected and then took a few more days before the DMV sent over the paper title.

I'm not sure what the rules are west, but the DMV will only know once the system reflects it. Which usually should be about a week. but you can keep checking with them daily. You can then submit your registration immediately that reflects.

Worst case scenario, is the title gets sent to the seller, and the seller then goes with the title document and gets another loan or sells the vehicle Confused. You asked so that's the worst I could think off. IMHO I would get a witnessed bill of sale, signed over title forms.

Honestly if she's really paid it off, you can use the account details and get the official payoff statement which should say zero balance. If you know that is the only lien and you have the statement saying zero balance, there is no reason the lien won't automatically come off once the DMV gets that in their system.
Mar 25, 2023 10:16 PM
402 Comments
Joined Dec 2004
brutalMar 25, 2023 10:16 PM
402 Comments
Quote from mdboyz69 :
Any DMV buyers changed they mind or can't afford it, I can take over your order and pay back $250 deposit. Inbox me. Thanks
If you mean DC area, PM me. However I'm reading that Tesla has stopped allowing for transferring reservations. Do you know how to do a transfer. The car is ready for delivery.
Mar 25, 2023 10:40 PM
310 Comments
Joined Sep 2016
slickdealer2eMar 25, 2023 10:40 PM
310 Comments
Ordered 2 Model Y LR 1/17 and 1/18. Financed through GCF and picked up both this week. Love the cars and everything worked out. Brought the cars at the lowest price, lowest financing available, qualified for tax credits. Thanks SD
Mar 26, 2023 1:00 AM
677 Comments
Joined Apr 2007
happens31Mar 26, 2023 1:00 AM
677 Comments
How can I continue to have my model Y be on hold until I get the bank and insurance stuff right?

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Mar 26, 2023 3:48 AM
565 Comments
Joined Oct 2004
dealhunt_101Mar 26, 2023 3:48 AM
565 Comments
Happy the camera based parking sensors are finally up and running after the latest software update today

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