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expiredxTorquEx posted Apr 05, 2024 05:46 PM
expiredxTorquEx posted Apr 05, 2024 05:46 PM

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

(For Qualified Buyers)

$40,490

$44,990

10% off
1,480 Comments 1,006,732 Views
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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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Top Comments

Autumn
49505 Posts
5094 Reputation
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.
AhmadH1772
8 Posts
10 Reputation
This is not as good as the March deal. They are all $1000 more expensive. The other discounts were available most of q1.
BrettL5675
494 Posts
57 Reputation
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.

1,479 Comments

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Apr 05, 2024 11:33 PM
123 Posts
Joined Mar 2014
moavApr 05, 2024 11:33 PM
123 Posts
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 05, 2024 11:34 PM
223 Posts
Joined Dec 2006
youisjrApr 05, 2024 11:34 PM
223 Posts
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 05, 2024 11:39 PM
163 Posts
Joined Jun 2019
FairLumber2425Apr 05, 2024 11:39 PM
163 Posts
Haha wait for next month when it drops another $5,000. Soon these Tesla be $20,000
7
Apr 05, 2024 11:46 PM
291 Posts
Joined May 2015
euuser5432179Apr 05, 2024 11:46 PM
291 Posts
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 05, 2024 11:49 PM
21 Posts
Joined Feb 2018
wishboneBApr 05, 2024 11:49 PM
21 Posts
Quote from junkdealer :
It has been like this for months
I totally agree.
Apr 05, 2024 11:54 PM
449 Posts
Joined Jun 2022
sdsnakeApr 05, 2024 11:54 PM
449 Posts
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 06, 2024 12:09 AM
55 Posts
Joined Mar 2018
AquaRailway127Apr 06, 2024 12:09 AM
55 Posts
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 06, 2024 12:16 AM
1,267 Posts
Joined Jan 2008
nerzhulvendorApr 06, 2024 12:16 AM
1,267 Posts
I made so much money last quarter shorting TSLA
5
Apr 06, 2024 12:19 AM
707 Posts
Joined Sep 2023
RockHardRockCrawlerApr 06, 2024 12:19 AM
707 Posts
Still too expensive.
2
Apr 06, 2024 12:19 AM
123 Posts
Joined Dec 2022
vulegoApr 06, 2024 12:19 AM
123 Posts
Cali suck with the 10% tax on 7500 rebate, but dont see any deal since the depreciation is very bad,
Apr 06, 2024 12:22 AM
607 Posts
Joined Nov 2015
TheythemtradesApr 06, 2024 12:22 AM
607 Posts
Ls swap worthy? Or trash
1
Apr 06, 2024 12:39 AM
32 Posts
Joined Oct 2007
x5hortieexApr 06, 2024 12:39 AM
32 Posts
Quote from beggerking :
need FSD transfer...
it's available
Apr 06, 2024 12:41 AM
389 Posts
Joined Dec 2017
DHoozApr 06, 2024 12:41 AM
389 Posts
They said price $1000 increase in 4/1 but then dropped $5000 😂
1
Apr 06, 2024 12:41 AM
90 Posts
Joined Nov 2011
jobu2k8Apr 06, 2024 12:41 AM
90 Posts
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 06, 2024 12:42 AM
886 Posts
Joined Dec 2008
gershon21Apr 06, 2024 12:42 AM
886 Posts
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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