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2024 Tesla Model Y + $7,500 Federal Tax Credit Expired

$40490
$44,990.00
(For Qualified Buyers)
+311 Deal Score
935,272 Views
Tesla has dropped the base price of the Tesla Model Y from $44,990 down to $40,490. All Model Y vehicles also qualify for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member xTorquEx for finding this deal.

Available models:
  • Tesla Model Y (Standard Range) from $40,490
  • Tesla Model Y (Long Range) from $44,990
  • Tesla Model Y (Performance Dual Motor All-Wheel Drive) from $48,140

Editor's Notes & Price Research

Written by
  • 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.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
Good Deal?

Original Post

Written by
Edited April 5, 2024 at 11:26 AM by
https://www.tesla.com/inventory/new/my

Tesla is attempting to clear out inventory on existing Model Y. With the instant $7,500 tax credit, this is an up to $12,500 discount on a new Model Y.

Prices seem to be as follows: After the $7,500 credit and new discount, the Model Y RWD starts at $33,890, the Long Range at $37,490, and the range-topping Model Y Performance at $40,690.
in Autos
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Deal
Score
+311
935,272 Views
$40490
$44,990.00

Community Wiki

Last Edited by desi_babu_2010 April 6, 2024 at 08:15 PM
Rebates depend on region. In California, discount is up to $7200 for RWD Y.

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Featured Comments

Ok look...

There's a pattern with Tesla threads here. I don't care if you all wanna discuss the deal or the cars but it always turns into paaaages and paaaages of bickering back and forth and nobody ,except for the few involved, enjoy that or wanna wade through that. So cut that stuff out, please and thank you.
This is not as good as the March deal. They are all $1000 more expensive. The other discounts were available most of q1.
FYI just because it says "New" doesn't mean it qualifies for the 7500 tax credit. Demo models are new but do not qualify for 7500. If the specific inventory item qualifies it will directly say it on the site.

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Joined Nov 2004
The April Fools Day Joke
> bubble2 49,202 Posts
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Ok look...

There's a pattern with Tesla threads here. I don't care if you all wanna discuss the deal or the cars but it always turns into paaaages and paaaages of bickering back and forth and nobody ,except for the few involved, enjoy that or wanna wade through that. So cut that stuff out, please and thank you.
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O.G
> bubble2 7,031 Posts
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RumbleTheBison
04-05-2024 at 10:52 AM.
04-05-2024 at 10:52 AM.
Wild how something that may have 2500 miles on it is filtered as "new"
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> bubble2 38,259 Posts
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Dr. J
04-05-2024 at 10:59 AM.
04-05-2024 at 10:59 AM.
Quote from RumbleTheBison :
Wild how something that may have 2500 miles on it is filtered as "new"
Yeah. Well, all cars have some miles on them when new - usually like 10 or so. I got a rental a couple months ago that had just over 6 on the dial.

But 2500 is a far cry from 10 laugh out loud
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GreenStraw720
04-05-2024 at 11:04 AM.

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04-05-2024 at 11:04 AM.
Looks like some demo cars are being sold and those are considered new but most of the ones I've looked at through the link, have less than 100 miles on them. It's weird that demo cars are being sold for the same price, though.
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> bubble2 259 Posts
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mloecher
04-05-2024 at 11:16 AM.
04-05-2024 at 11:16 AM.
Fiskar had to go bankrupt to match Tesla pricing 😆
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SonofZeus
04-05-2024 at 11:16 AM.

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04-05-2024 at 11:16 AM.
"New" means: never titled/full factory warranty.
It's always been this way in car world.
PSA: if you want this brand, lease it with no money down.
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> bubble2 3,885 Posts
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beggerking
04-05-2024 at 11:19 AM.
04-05-2024 at 11:19 AM.
need FSD transfer...
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xdz
04-05-2024 at 11:19 AM.
04-05-2024 at 11:19 AM.
It's been this price range for a while.
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AhmadH1772
04-05-2024 at 11:20 AM.

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04-05-2024 at 11:20 AM.
This is not as good as the March deal. They are all $1000 more expensive. The other discounts were available most of q1.
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junkdealer
04-05-2024 at 11:21 AM.
04-05-2024 at 11:21 AM.
It has been like this for months
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Joined Dec 2006
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sychan
04-05-2024 at 11:26 AM.
04-05-2024 at 11:26 AM.
Quote from AhmadH1772 :
This is not as good as the March deal. They are all $1000 more expensive. The other discounts were available most of q1.
Yep, you also would have had some free supercharger usage thrown in as well, which probably saved another +$500. Am waiting til end of q2 in June myself as I think prices will continue to go down (or incentives pop up).
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