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expired Posted by chunmanc123 • Oct 6, 2023
expired Posted by chunmanc123 • Oct 6, 2023

Tesla Model Y Dual Motor AWD Long Range $48490 + $7,500 Federal Tax Credit (For Qualifying Buyers)

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https://www.tesla.com/modely/design#overview

Tesla Model Y

Dual Motor
All-Wheel Drive
Range: 330mi
Top Speed: 135 mph
0-60 mph: 4.8 seconds


Qualify for $7500 Federal Tax Credit with below income cap:
Adjusted Gross Income Limitations
$300,000 for married couples filing jointly
$225,000 for heads of households
$150,000 for all other filers

QA Note: List Price Drop

Rear-Wheel Drive is $43,990

Dual Motor AWD Long Range is $48,490 Now $48,990

Extra Discount for already built ones, change to your zip code and check
https://www.tesla.com/inventory/n...&range=100

Please use the referral link [ts.la] when you purchase one. Thank you!
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
https://www.tesla.com/modely/design#overview

Tesla Model Y

Dual Motor
All-Wheel Drive
Range: 330mi
Top Speed: 135 mph
0-60 mph: 4.8 seconds


Qualify for $7500 Federal Tax Credit with below income cap:
Adjusted Gross Income Limitations
$300,000 for married couples filing jointly
$225,000 for heads of households
$150,000 for all other filers

QA Note: List Price Drop

Rear-Wheel Drive is $43,990

Dual Motor AWD Long Range is $48,490 Now $48,990

Extra Discount for already built ones, change to your zip code and check
https://www.tesla.com/inventory/n...&range=100

Please use the referral link [ts.la] when you purchase one. Thank you!

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2,286 Comments

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Oct 6, 2023
2,360 Posts
Joined Dec 2005
Oct 6, 2023
Graphikzking
Oct 6, 2023
2,360 Posts
Quote from ggapropros :
The AWD and range increase makes this a decently easy choice now, frankly these cars last forever, teslas ability to make the car an appliance means youll likely keep it in your family for years upon years, youll either give it to your parents, sister, kid, etc after 8 years. $4500 over 8 years is only extra $562. Its almost "regret insurance" at that point, if every year you get into a situation where you wish you had awd and slightly more range than youll kick yourself for not having gotten this. (I also think the LR has subwoofers and rwd doesnt... but someone would have to confirm that for me)
I'm 9n the fence still.

I'm an original slickdealer (20 years including my early lurker years). We don't just buy on price but also is it usable at that price. Later Slickdeals became buy now think later.

The points on this:

1. It's a great price compared to historic prices for these vehicles.

2. Next year tax credits are supposed to come off instantly instead of having to file and wait potentially saving a good portion of the loan interest.

3. At the end of quarters they generally drop prices to get units moving. This should happen again. A model y performance just about a month ago was 3,000-4,000 cheaper.

I hate when people say "wait for sale" but if you need a car now then this is a great price.

Lastly, every Roadster was recalled due to the 2 speed transmission. Almost every Model S was required a new hard drive due to their hard drives not being able to be written to.

If 3-5 years from now they have another issue similar they won't have the capacity to replace millions of vehicles.

Also, their cars cost much more to repair and have limited repair facilities so make sure you add rental protection on your policies.

All that being said..I still love the cars and think they are an amazing feat of technology. My 2014 plug in hybrid battery is starting to degrad but now I have a work car so I barely drive it. For me to spend $50,000 on a vehicle for less than 4,000 miles a year wouldn't be fiscally responsible.
Oct 6, 2023
19 Posts
Joined May 2015
Oct 6, 2023
Streptococcus
Oct 6, 2023
19 Posts
Quote from euph111 :
Anyone know what will happen to the $7500 tax credit come 1/1/24? Will it stay the same? Go down? Unable to find reliable info on google.
Yes. Manufacturers and their dealerships will need to elect to participate in a direct arrangement with the IRS. This arrangement is where they will collect your prior tax filing status and information via a web portal with the IRS directly at the time of sale. If the car you have picked has a tax rebate and you qualify, they are then able to apply the rebate as cash paid against the price of the car. Car will qualify for up-to $7500 based on qualifying criteria of battery and car manufacturing. Expect that if the battery, battery materials, and manufacturing is US state sided (or from certain listed friendly non-conflict countries; thank you Australia!) then $7500 will apply. The specific car model averages (not the specific car) will determine the qualification amount. The dealership/manufacturer gets electronically paid by the IRS within 72 hours for the cash amount they extended against the sale of the car. If you technically fail to qualify for the IRS rebate at the time you file your taxes you will be expected to pay back the rebate. Disqualifying will be making too much income for the year you expected to qualify. Tax liability (owing the IRS more than the rebate) will NOT come into play. This is expected to help those low or mid-income, or retiree household qualify for the rebates. Lastly, all bets are off once the 2024 election gets into full swing whether the IRA is extended into 2025 or cancelled due to politicians on both sides waging war over gas versus electric and whether rebates are needed to encourage US manufacturing. Sort of ironic that plenty of domestic brands now manufacture their cars outside the US (Mexico/canada/etc) yet push patriotic themes for gas cars.

Edit: What I've read is even Tesla doesn't know yet if they will qualify for the full $7500 in 2024 hence why they have the note on their website to encourage purchase before year end. That note is for Tesla marketing and not based on fact at this point. My advice, if you qualify in 2023 for the tax liability and the income cap, no major reason to wait. If you don't have the tax liability or don't want to wait until tax refund time, buy in January. Even if Tesla qualifies at the half rate ($3750) on 1/1/24 they'll likely just mark down the difference quite soon as their margins allow them to. Other manufacturers won't be as lucky due to tighter (loss) margins. As far as more Tesla price drops, much of technology only gets cheaper and cars are a depreciating asset class. All those recent buyers on this thread should stop belly aching unless they also lose sleep on their: TVs, washers, dryers, cell phones, boats, etc. A car is not an investment.
Last edited by Streptococcus October 6, 2023 at 05:01 PM.
Oct 6, 2023
660 Posts
Joined Mar 2010
Oct 6, 2023
MurraytheDemonSkull
Oct 6, 2023
660 Posts
Quote from ultratumba :
Anyone know if there is a CA tax incentive still for EV? I heard its going away after end of 2023.
I think the funds are exhausted.
Oct 6, 2023
60 Posts
Joined May 2022
Oct 6, 2023
Gurdnelflanger
Oct 6, 2023
60 Posts
Quote from osideplayer :
How can you say a car that's only been available for four years last forever? Have you heard of battery degradation. In 10 years from now your batter range will be closer 200 miles if it still works. On top of this you aren't exempt from bearing replacement, tie rods, control arms and bushings. We have no idea how long these will cars will last.
Repair and replacement of these things is a monumental pain.
Oct 6, 2023
1,277 Posts
Joined Mar 2007
Oct 6, 2023
CrazyOne
Oct 6, 2023
1,277 Posts
Quote from beyondwatches :
I got quoted 3000$ a year and that's the cheapest full insurance, right now my two ice SUVs combined is only 1500 a year, what gives?
Not sure why it is so expensive my full coverage with 250k/500k and 500 deductible cost me $1550/year
Oct 6, 2023
522 Posts
Joined Jun 2016
Oct 6, 2023
404fullPriceNotFound
Oct 6, 2023
522 Posts
Another middle finger to all past Tesla customers. Classic Tesla
Oct 7, 2023
1,427 Posts
Joined Nov 2016
Oct 7, 2023
th3g3ntl3man
Oct 7, 2023
1,427 Posts
Quote from squish :
Also has the highest brand loyalty and repeat buyers than any other car manufacturer. I guess people that buy one, love them enough to continue buying them.
So do Justin Bieber fans.

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Oct 7, 2023
434 Posts
Joined Nov 2016
Oct 7, 2023
tenshadowsun
Oct 7, 2023
434 Posts
Most likely slashing price to sell the currently models before releasing the updated Y like the Mode 3 Highland
Oct 7, 2023
662 Posts
Joined Dec 2007
Oct 7, 2023
caycarem
Oct 7, 2023
662 Posts
Quote from Graphikzking :
I'm 9n the fence still.

I'm an original slickdealer (20 years including my early lurker years). We don't just buy on price but also is it usable at that price. Later Slickdeals became buy now think later.

The points on this:

1. It's a great price compared to historic prices for these vehicles.

2. Next year tax credits are supposed to come off instantly instead of having to file and wait potentially saving a good portion of the loan interest.

3. At the end of quarters they generally drop prices to get units moving. This should happen again. A model y performance just about a month ago was 3,000-4,000 cheaper.

I hate when people say "wait for sale" but if you need a car now then this is a great price.

Lastly, every Roadster was recalled due to the 2 speed transmission. Almost every Model S was required a new hard drive due to their hard drives not being able to be written to.

If 3-5 years from now they have another issue similar they won't have the capacity to replace millions of vehicles.

Also, their cars cost much more to repair and have limited repair facilities so make sure you add rental protection on your policies.

All that being said..I still love the cars and think they are an amazing feat of technology. My 2014 plug in hybrid battery is starting to degrad but now I have a work car so I barely drive it. For me to spend $50,000 on a vehicle for less than 4,000 miles a year wouldn't be fiscally responsible.
newer cars don't have any of those issues.
1
Oct 7, 2023
19 Posts
Joined May 2015
Oct 7, 2023
Streptococcus
Oct 7, 2023
19 Posts
Quote from Zontrepreneur :
Another middle finger to all past Tesla customers. Classic Tesla
Damn it. It's called competition. Be glad that the next car you buy will be cheaper because of it. Be happy that your neighbor can now afford it. Spread love not hate for companies making a pro-consumer move instead of just expanding their margins with ever higher prices.
Oct 7, 2023
1,427 Posts
Joined Nov 2016
Oct 7, 2023
th3g3ntl3man
Oct 7, 2023
1,427 Posts
Quote from Binar :
because it goes beyond the car quality..It's about ideology and some cant stand the guy so automatically they are trying to tarnish the car. Ppl that have an opinion about the car should take a pic of the dash with a paper with SD user name next to steering wheel.
Yes, so? Why would anyone who cares about democracy buy one of his cars?
4
Oct 7, 2023
61 Posts
Joined Sep 2018
Oct 7, 2023
C7Vette
Oct 7, 2023
61 Posts
Don't trust the government with the credit. At POS is the only credit that interests me.
2
Oct 7, 2023
12,404 Posts
Joined Jan 2007
Oct 7, 2023
MadPup
Oct 7, 2023
12,404 Posts
Quote from C7Vette :
Don't trust the government with the credit. At POS is the only credit that interests me.
Then wait for Jan 1 when you'll get it at POS.
1
Oct 7, 2023
5,490 Posts
Joined Dec 2009
Oct 7, 2023
ultratumba
Oct 7, 2023
5,490 Posts
I dont hate tesla. I just dont like them to spend on one, like Nissans, like Fords, etc etc. I love Hondas, Subarus, and Toyotas, oh and dont own stocks on these either, so far from being a homer here.

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Oct 7, 2023
1,277 Posts
Joined Mar 2007
Oct 7, 2023
CrazyOne
Oct 7, 2023
1,277 Posts

Our community has rated this post as helpful. If you agree, why not thank CrazyOne

For $4.5k I lost on price drop I could buy 900 gallons of gas. That means I lost around 2 years of driving.Smilie. I don't really like Tesla and will look for something else, but not Lexus, it is much worse than Tesla. I can't even imagine how disappointed people who bought Telsa last year.
Things I personally hate, and my wife agrees with me, in my Tesla Y.
* The internals are plastic and too plain.
* Crazy noisy on freeway
* The camera at the back is garbage
* Only stupid display in the middle. You need to have chameleon eyes
* The mirrors are very small
* The blind spot feature was developed by idiots. No sensor on the mirror and no sound when the blinker is on and car is near.
* The Tesla info system doesn't support Android or Apple phones. You will be with 20 years old design Tesla operating system.
* The glass roof is very bad. Doesn't protect you from scorching sun. At least the roof cover is available on Amazon.
* And camera instead of parking sensors was a huge mistake. Again looks looks idiots were creating parking camera algorithms
* The car is heavy and suspension system is not comfortable.
Ok, what I like is a size and how fast I can accelerate.
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