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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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Oct 10, 2023
1 Posts
Joined Sep 2023
Oct 10, 2023
Shopper1194705
Oct 10, 2023
1 Posts
Quote from mtm_cc :
Looks like all the inventory discounts are gone in my area for the moment though. $4-$5k off MSRP hasn't been uncommon the past few months which was a better deal if you can find something that you liked in inventory.

Obviously a better deal if you plan on ordering though.
What area you live in?
Oct 10, 2023
15,329 Posts
Joined Sep 2009
Oct 10, 2023
Knightshade
Oct 10, 2023
15,329 Posts
Quote from cazic99 :
You are seeing it the way you want
No- I'm quoting the literal text of the rule showing you are wrong.

You have shown nothing from the actual rules to support or suggest there's any "conflict" or doubt at all- the nearest you got was out-of-context citing a different section that has nothing to do with tax liability at all and isn't even about taxpayers but dealers

Quote from cazic99 :
There is a section on excessive payments and 20 percent penalty

Yes- and if you read the text it's about overpayment to eligible entities.

Those are the DEALERS.

IOW if a dealer defrauds the IRS by taking payments they shouldn't have, THEY will get clawed back and take a penalty.

And example mentioned is if the car is returned within 30 days (but they keep the $7500)

Quote from cazic99 :
Section 6417(d)(6) provides rules relating to excessive payments. In the case of any amount treated as a payment that is made by the applicable entity.
First you are misquoting the rule.

It's ELIGIBLE entity, not applicable entity.

Second, look up what eligible entity is and realize why you're wrong.

here's from early in the doc:

Quote from IRS :
y, a taxpayer may elect to transfer a section 30D credit with
respect to a new clean vehicle to an eligible entity
The eligible entity is the dealer you transfer the credit to

Not the individual taxpayer.


In the section on taxpayer liability (which is a totally different thing they explicitly say they will not claw it back

And I quoted that to you already.


Quote from cazic99 :
. It's in there which means IRS with those new 87k agents Biden hired
This is not a thing that actually happened my dude.

Stop getting your "news" from youtube.

https://time.com/6260075/irs-8700...lican-lie/






Quote from cazic99 :
. There are conflicting opinions.
Naah- there's people who actually read the rules and those who didn't and are guessing about them. The rules are super clear.


Quote from cazic99 :
So if I owe no taxes, they refund me through Tesla$7500,

Where Exactly does that money come from?
The US treasury.

Same place as it would come from if you DID owe taxes, since that money would be given to Tesla at time of purchase, not when you file anyway.



Quote from cazic99 :
I don't that will stand up to constitutional challenges like the student loan crap.
This statement makes no sense and suggests you don't understand WHY the loan thing was overturned-- further the loan thing was a discharge of debt, not a tax credit, which legally are entirely different things anyway on TOP of each having completely different laws/rules governing them.



Quote from cazic99 :
They cannot be that black and white saying even if you owe no taxes, the will give you 7500 or it will lose in courts
Please cite what law you IMAGINE they are violating here (hint: there isn't one)-- the IRA specifically gives treasury discretion to decide how all this works.

The student loan laws did not give the president such discretion on the changes he tried to make.

Again read the actual rules and law before guessing what you imagine they allow.



Quote from Thecarp :
Can I get two married couple rebates
Right now you can get as many rebates as you have tax liability to cover, so long as you don't exceed the max income cap (300k married filing jointly)

As of Jan 1 2024 you can get up to 2 point of sale rebates ($7500 each) without needing the tax liability. After 2 rebates you can only use the "old" method of getting it with your tax filing and would still be subject to the liability limits (including the 15000 you'd have already gotten via POS credits)- Note the income caps remain in place in all cases though- and if you exceed THOSE by even 1 penny you are entitled to $0.00 in credits and they WILL claw that back if you take POS credits in 2024 or later. It's only missing the liability one for the POS rebates that they won't claw back.

Quote from DAC21 :
So if I understand these IRS rules. If you make too much IRS will claw back the money possibly with penalty. But if you are one of the 40% of Americans that doesn't pay Federal taxes and can qualify for the car loan you are getting the $7500 "tax" discount?
As of Jan 1 2024, yes...until then you need $7500 in tax liability (per credit taken) to have your taxes reduced by $7500.



Quote from Dilbertic :
So if your not making enough to file, would you still get the 7500 ? Retired Smilie
As of Jan 1 2024 you get the rebate when you buy, not when you file.

It's possible you SHOULD file if you do, but you won't "owe" anything for the fact you got the credit but had insufficient tax liability for it.
Last edited by Knightshade October 10, 2023 at 06:19 AM.
1
Oct 10, 2023
39,097 Posts
Joined Nov 2005
Oct 10, 2023
Dr. J
Oct 10, 2023
39,097 Posts
Quote from reicaden :
Sounds like a car that makes it to 1 million miles would cost more in maintenance than just a new car at that point. Plus the extra gas costs on 1 million miles of electric vs a million miles on gas.

https://youtu.be/llBlqLYG97o?si=j...b6fR&t=494

I think 1 million may be a stretch, I wouldnt want to drive the car in that video, and I wouldnt want to do maintenance on that car either.

We do have estimates around the 300,000 mile mark though, and based on that, I'd say its a fair assessment to say it would cost a lot less to drive the EV than the gas vehicle. I anticipate 500,000 or 1,000,000 would be no different:

https://youtu.be/YB8vpwjngDE?si=i...jNj8&t=624

Very YMMV.

A Model 3 would cost around 9-10 cents/mile to run where I live, meanwhile an ICE vehicle that's in the same class would probably cost about that much to run as well. I wouldn't anticipate electricity getting cheaper, either. When supply is constrained and demand rises, prices rise as well.
Oct 10, 2023
2,481 Posts
Joined Apr 2008
Oct 10, 2023
cheapodeal
Oct 10, 2023
2,481 Posts
Next year when tax credit is given during purchase, can my parents buy car along with my name? They quality for tax credit and I don't.
Oct 10, 2023
39,097 Posts
Joined Nov 2005
Oct 10, 2023
Dr. J
Oct 10, 2023
39,097 Posts
Quote from pugxiwawa :
Haters gonna hate

You must've not being in a Tesla or driven one for such an ignorant comment.

I just took a 10 hour road trip yesterday that's mixed of highway and local roads where Tesla FSD did 99% of the driving. Tell me your Honda Civc, or any other car on the market can do that.

Comma.ai [comma.ai]makes a bolt-on unit that works with various makes and models (over 250 [comma.ai]). It's only really limited by what sensors are on the vehicle. It's $1450 ($1250+$200 harness, if needed) and you can move it from vehicle to vehicle. No subscription.

Believe it or not, Tesla doesn't have some magic hold on autonomous driving.
Last edited by Dr. J October 10, 2023 at 06:15 AM.
Oct 10, 2023
15,329 Posts
Joined Sep 2009
Oct 10, 2023
Knightshade
Oct 10, 2023
15,329 Posts
Quote from cheapodeal :
Next year when tax credit is given during purchase, can my parents buy car along with my name? They quality for tax credit and I don't.
Do you mean you don't qualify because you make too much money? (because that's the only cutoff as of next year)

If so, ALL buyers on the title must be below the income cap- so no they can't buy it "with you" to add eligibility for the credit.

They also can't buy it and then immediately "sell" it to you as there's now a 30 day holding period to try and enforce the "buying for purposes to keeping it not reselling it" rule.

You can of course wait 31 days and do that- but if their intent on purchase is doing that they'd be engaging in tax fraud.



Quote from Dr. J :
Comma.ai [comma.ai]makes a bolt-on unit that works with various makes and models (over 250 [comma.ai]). It's only really limited by what sensors are on the vehicle. It's $1450 ($1250+$200 harness, if needed) and you can move it from vehicle to vehicle. No subscription.

Believe it or not, Tesla doesn't have some magic hold on autonomous driving.


Believe it or not comma.ai does not make or sell (and does not CLAIM to make or sell) anything that provides autonomous driving.

Folks ignorant of the difference between ADAS and autonomous probably shouldn't be making system recommendations to folks.

Commas system also lacks many of the capabilities Teslas most advanced ADAS system (fsdb) has, but it does cost more than $1450 of course. Commas system is more (but not precisely) comparable to the free basic autopilot Tesla offers.
Last edited by Knightshade October 10, 2023 at 06:58 AM.
1
Pro
Oct 10, 2023
1,239 Posts
Joined Mar 2011
Oct 10, 2023
mtm_cc
Pro
Oct 10, 2023
1,239 Posts
Quote from Shopper1194705 :
What area you live in?
Midwest

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Oct 10, 2023
120 Posts
Joined Jan 2019
Oct 10, 2023
DomP3363
Oct 10, 2023
120 Posts
Sure would be nice if they even took care of existing customers. They have disabled my super charging and it's been 3 months+ this way with no resolution. Nothing changed other then them remote disabling it. Look at the other case of the Scottsdale women who had to call news to get it taken care of. No way to reach department, all paper work submitted requested, most of which they already had when they gave me ownership in app in April. Costing me money, opportunities and marking my valid warranty as expired in the process as well somehow. Beware!
Oct 10, 2023
39,097 Posts
Joined Nov 2005
Oct 10, 2023
Dr. J
Oct 10, 2023
39,097 Posts
Quote from DomP3363 :
Sure would be nice if they even took care of existing customers. They have disabled my super charging and it's been 3 months+ this way with no resolution. Nothing changed other then them remote disabling it. Look at the other case of the Scottsdale women who had to call news to get it taken care of. No way to reach department, all paper work submitted requested, most of which they already had when they gave me ownership in app in April. Costing me money, opportunities and marking my valid warranty as expired in the process as well somehow. Beware!
OTA is great.
1
Oct 10, 2023
1,242 Posts
Joined Dec 2015
Oct 10, 2023
FishKilla
Oct 10, 2023
1,242 Posts
Quote from Matrix80 :
Hi- you must be new to Porsche. They're ~$200K+ sports cars depending on the trim. One wheel replacement can cost $10K, better not hit a pothole.

The average is $22,075 for maintenance during the first 10-years of service. I found a link.
https://caredge.com/porsche/maintenance

Perhaps you're used to a Chevy with their annual $50 tire rotation/oil change.
LOL, oh the desperation.

Are you going to seriously compare a high end 911 to a Tesla model Y? or any Tesla for that matter!

LMAOLMAOLMAOLMAOLMAOLMAOLMAOLMAOLMAO
Oct 10, 2023
12,397 Posts
Joined Jan 2007
Oct 10, 2023
MadPup
Oct 10, 2023
12,397 Posts
Quote from aifan :
I wouldn't hang my hat on that biography.
I'm not. I haven't even read it, nor do I intend to.
Last edited by MadPup October 10, 2023 at 07:15 PM.
Oct 10, 2023
238 Posts
Joined Apr 2021
Oct 10, 2023
Ilker2000
Oct 10, 2023
238 Posts
Quote from BigReg :
Insurance has too many variables to make such a statement. I just replaced a 2016 BMW 340i with a 2023 Model Y Long Range and my insurance only went $1000 to $1160 every 6 months.
That is how much I pay for my 2 cars yearly
Oct 10, 2023
120 Posts
Joined Jan 2019
Oct 10, 2023
DomP3363
Oct 10, 2023
120 Posts
Quote from Dr. J :
OTA is great.
The Tesla effect right, you wanted a smart car, here we go.
Oct 10, 2023
1,242 Posts
Joined Dec 2015
Oct 10, 2023
FishKilla
Oct 10, 2023
1,242 Posts
Quote from BigReg :
Insurance has too many variables to make such a statement. I just replaced a 2016 BMW 340i with a 2023 Model Y Long Range and my insurance only went $1000 to $1160 every 6 months.
Sure rates will vary for individuals and based on things like location, but you can certainly get an idea of what it will cost relative to your situation.

If rates are higher "on average" chances are yours will be higher too. Yes some will be lower and they are vocal, but many more will be higher, hence an average. See below.

"The high cost of a Tesla doesn't stop at its price tag. Insurance for a Tesla tends to be significantly more expensive than that of other popular vehicles, despite its high safety ratings.

Still, rates can vary drastically, even among different Tesla models. Below are the median annual insurance rates by Tesla model, ranked from cheapest to most expensive:

Model 3 ($2,574).

Model Y ($2,905).

Model S ($3,785).

Model X ($3,861).

These rates are for full coverage insurance for good drivers with good credit. We used the median rate (rather than the mean average) to provide a clearer picture of the full range of insurance rates across the country. The median is the midpoint between the highest and lowest insurance premiums."

"Tesla car insurance for a Model 3 costs a median of $2,574 per year, or about $215 a month, our analysis shows. That's nearly 45% higher than the national median cost of car insurance."

https://www.nerdwallet.com/articl...-insurance

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Oct 10, 2023
764 Posts
Joined Apr 2014
Oct 10, 2023
insaneXproval
Oct 10, 2023
764 Posts
Quote from MattJ2936 :
Again. All theoretical from reading articles. Sold state isn't real yet. Lithium is.

I would argue the Nissan leaf had poor cooling designs and battery didn't last. Everything else has been good per all reports
I maybe misspoke, but I was essentially conflating SS with EV, which I realize right now is still lead acid but my point stands. And while others may have had an excellent track record with their EVs, I'm just not there yet - like I said, I want to be but we all gotta go with our own gut.

Thanks for the clarification.

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