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expiredxTorquEx posted Apr 5, 2024 5:46 PM

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

$40,490

$44,990

10% off
(For Qualified Buyers)
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Deal Details
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

Written by megakimcheelove | Staff
  • 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.

Original Post

Written by xTorquEx
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
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

Written by megakimcheelove | Staff
  • 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.

Original Post

Written by xTorquEx

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1.5K Comments

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Apr 5, 2024 11:33 PM
128 Comments
Joined Mar 2014
moavApr 5, 2024 11:33 PM
128 Comments
This is a crazy smart move by Tesla...by doing this they will destroy the competition because they all need to reduce their prices to compete at all...Tesla has plenty of cash reserves even to starve the competition for 3-5 years and at the end TESLA will be the last man standing until...Toyota perfects their hydrogen fuel cell cars.
1
7
Apr 5, 2024 11:34 PM
228 Comments
Joined Dec 2006
youisjrApr 5, 2024 11:34 PM
228 Comments
Quote from LivelyManatee4450 :
Tried FSD for 5 days, IMO Tesla should pay me to test FSD for them, what a joke.

I salute to Tesla fans to pay tens of thousands of dollars to test for Tesla, real cult.

Sorry offending if you are, I bought a new X/. But my comment is based on my unbiased opinion.
I have a plaid and fsd. V12 drives itself 99% of the time. Used it today in fact. Truly revolutionary
7
Apr 5, 2024 11:39 PM
171 Comments
Joined Jun 2019
FairLumber2425Apr 5, 2024 11:39 PM
171 Comments
Haha wait for next month when it drops another $5,000. Soon these Tesla be $20,000
7
Apr 5, 2024 11:46 PM
291 Comments
Joined May 2015
euuser5432179Apr 5, 2024 11:46 PM
291 Comments
Quote from LivelyRoad633 :
I'd be interested, but after being spoiled by Hondas and Toyotas, I have three concerns:
1. Reliability
2. Cost of Repair
3. Depreciation
What are y'all's thoughts on this?
Bought my first Toyota in 2021 and it spent literally most of my ownership at the dealership needing repairs. Sold it after a year and only 6,000 miles from sitting at the dealer. My 2023 Honda has a back ordered steering rack several months out with 8,000 miles. Nobody makes a trouble free car anymore.
4
Apr 5, 2024 11:49 PM
21 Comments
Joined Feb 2018
wishboneBApr 5, 2024 11:49 PM
21 Comments
Quote from junkdealer :
It has been like this for months
I totally agree.
Apr 5, 2024 11:54 PM
449 Comments
Joined Jun 2022
sdsnakeApr 5, 2024 11:54 PM
449 Comments
This bickering back and forth on Tesla threads used to be exclusively for Apple. We as a species have moved on to cars. Next, we'll bicker about flying cars on SD. After flying cars, teleportation.
1
Apr 6, 2024 12:09 AM
70 Comments
Joined Mar 2018
AquaRailway127Apr 6, 2024 12:09 AM
70 Comments
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer Frown
Same here, but thankfully I'm so well off I don't even have to worry about it 😄
1
5

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Apr 6, 2024 12:16 AM
1.3K Comments
Joined Jan 2008
nerzhulvendorApr 6, 2024 12:16 AM
1.3K Comments
I made so much money last quarter shorting TSLA
5
Apr 6, 2024 12:19 AM
960 Comments
Joined Sep 2023
RockHardRockCrawlerApr 6, 2024 12:19 AM
960 Comments
Still too expensive.
2
Apr 6, 2024 12:19 AM
140 Comments
Joined Dec 2022
vulegoApr 6, 2024 12:19 AM
140 Comments
Cali suck with the 10% tax on 7500 rebate, but dont see any deal since the depreciation is very bad,
Apr 6, 2024 12:22 AM
693 Comments
Joined Nov 2015
TheythemtradesApr 6, 2024 12:22 AM
693 Comments
Ls swap worthy? Or trash
1
Apr 6, 2024 12:39 AM
32 Comments
Joined Oct 2007
x5hortieexApr 6, 2024 12:39 AM
32 Comments
Quote from beggerking :
need FSD transfer...
it's available
Apr 6, 2024 12:41 AM
389 Comments
Joined Dec 2017
DHoozApr 6, 2024 12:41 AM
389 Comments
They said price $1000 increase in 4/1 but then dropped $5000 😂
1
Apr 6, 2024 12:41 AM
91 Comments
Joined Nov 2011
jobu2k8Apr 6, 2024 12:41 AM
91 Comments
Any one has tips or thoughts on
1- how to get Fed Tax incentive on Model X 7-seater.
2- I currently have '22 model Y (bought at the peak of price so obviously under water) with 35K miles on it, is it worth to trade-in or should I keep driving the model Y ?

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Apr 6, 2024 12:42 AM
910 Comments
Joined Dec 2008
gershon21Apr 6, 2024 12:42 AM
910 Comments
IMHO, the no-money-down Ioniq 6 lease is a better EV deal if you don't need an SUV. Leasing is rarely your best option, but EVs have been depreciating faster than ever and the MY is getting old. No income requirement for the lease deal thanks to the loophole.

Hyundai will give you a free adapter to use the Tesla network by EOY, the driving dynamics are incredible, and it's got 100 miles more range.

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