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

$40490
$44,990.00
(For Qualified Buyers)
+311 Deal Score
958,041 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
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
958,041 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 Mar 2007
L4: Apprentice
> bubble2 302 Posts
35 Reputation
kipper99
04-05-2024 at 11:54 AM.
04-05-2024 at 11:54 AM.
Quote from BrettL5675 :
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.
Yep, those are demo 2023 RWD, they don't qualify for a tax credit in 2024, be careful.
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Joined Jul 2007
L7: Rocketman
> bubble2 1,233 Posts
363 Reputation
the_redwood
04-05-2024 at 11:59 AM.
04-05-2024 at 11:59 AM.
Quote from 221b :
As others said it was cheaper last month with charging credits. If you can wait you'll get a better deal. Especially with news reports that ev sales slowing, I'm guessing they will finally drop it back to precovid prices soon with low demand and glut of supply with their dynamic pricing model, and they definitely have margin to go back to $40k model y pricing.imho

Exactly. Bizarre that this price increase it getting voted up. Elon must have tipped SDs a wad.
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Joined May 2013
L8: Grand Teacher
> bubble2 3,420 Posts
266 Reputation
MoisesA7010
04-05-2024 at 12:00 PM.
04-05-2024 at 12:00 PM.
same as back towards end of last year. Tesla raised the price for the Y and then did these inventory discount. not much has changed.

I still feel bad for those who bough in 22. Model y Performance were $70K+ and people bought it without hesitation and a smile thinking cars would continue to appreciate. Overnight people learned they got bent over and used for $20-30K
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Joined Jun 2007
L5: Journeyman
> bubble2 628 Posts
525 Reputation
esutrack
04-05-2024 at 12:01 PM.
04-05-2024 at 12:01 PM.
Quote from beggerking :
need FSD transfer...

There is
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Joined Feb 2014
New User
> bubble2 19 Posts
10 Reputation
m321321
04-05-2024 at 12:01 PM.
04-05-2024 at 12:01 PM.
These were the same deals last month, actually it's 1k more as of 4/1…

Oh and 5k super charging miles and 1 year premium connect…
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Last edited by m321321 April 5, 2024 at 12:04 PM.
Joined Dec 2013
L7: Teacher (far from it)
> bubble2 9,159 Posts
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doboy007
04-05-2024 at 12:03 PM.
04-05-2024 at 12:03 PM.
Quote from RumbleTheBison :
Wild how something that may have 2500 miles on it is filtered as "new"
Well, it's new to you. Haha
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Joined Mar 2013
L1: Learner
> bubble2 21 Posts
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joliella
04-05-2024 at 12:04 PM.
04-05-2024 at 12:04 PM.
How come the same
Car has different prices?
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Joined Aug 2016
L5: Journeyman
> bubble2 746 Posts
62 Reputation
Ignitite
04-05-2024 at 12:04 PM.
04-05-2024 at 12:04 PM.
Seems somewhat deceptive to show the price after the tax credit instead of before. Can mention it in the details
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Joined Apr 2006
L7: Teacher
> bubble2 2,132 Posts
1,163 Reputation
hottie
04-05-2024 at 12:07 PM.
04-05-2024 at 12:07 PM.
Quote from esutrack :
There is
Didn't it expire on March 31st ?
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Joined Mar 2010
L5: Journeyman
> bubble2 598 Posts
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MurraytheDemonSkull
04-05-2024 at 12:08 PM.
04-05-2024 at 12:08 PM.
Not the best price I have seen. MYLR was $41640 (before $7500 tax credit) back in December.
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Joined Oct 2012
L6: Expert
> bubble2 1,078 Posts
170 Reputation
ashirian
04-05-2024 at 12:09 PM.
04-05-2024 at 12:09 PM.
Dang, I feel bad for my buddy who spent like 70K on the top of the line long range Tesla Y, right before (like a month before) the first price cut started.
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L6: Expert
> bubble2 1,012 Posts
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mtm_cc
04-05-2024 at 12:10 PM.
04-05-2024 at 12:10 PM.
Quote from DC13 :
These vehicles that are at this particular price DO NOT qualify for the federal tax credit. I looked up and down the inventory page and these DO NOT have the "7500 federal tax credit" badge.

Huh? There's a ton in my area that qualify, demo or not.
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Joined Jun 2010
L9: Master
> bubble2 5,157 Posts
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wpc
04-05-2024 at 12:15 PM.
04-05-2024 at 12:15 PM.
Quote from RumbleTheBison :
Wild how something that may have 2500 miles on it is filtered as "new"
they turned on auto pilot and drove it from the factory to the dealership
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> bubble2 431 Posts
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DC13
04-05-2024 at 12:20 PM.
04-05-2024 at 12:20 PM.
Quote from mtm_cc :
Huh? There's a ton in my area that qualify, demo or not.
those that qualify arent the advertised price on this thread
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