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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 1,006,636 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 06, 2024 03:00 AM
438 Posts
Joined Mar 2005
nrgApr 06, 2024 03:00 AM
438 Posts

Quote from vulego :
Cali suck with the 10% tax on 7500 rebate, but dont see any deal since the depreciation is very bad,
and home charging is so expansive in cali.
so cal edison is 33 cent a kwh
pg&e in nor cal is 45 cent a kwh
so in california, owning an EV cost 7 cent a mile. owning toyota hybrid cost 4 cent a mile. which one is more of a slick deal?
Apr 06, 2024 03:02 AM
438 Posts
Joined Mar 2005
nrgApr 06, 2024 03:02 AM
438 Posts

Our community has rated this post as helpful. If you agree, why not thank nrg


Quote from Thaineseguy :
Went and test drove the Y a couple of weeks ago. Almost threw up afterwards. The car has nice acceleration but that stop and go feeling made me nauseous. has anyone else experienced this? I also test drove an Ioniq 5 and Ariya but didn't feel sick. Even after turning down the regen brakes, I didn't notice a difference but maybe it was locked out from being changed on their demo cars. Anyway that motion sickness is really the only thing holding me back from going with a Y
with a tesla, you drive with one foot. You have to release the "gas" peddle slowly out to stop and do it smoothly. It's not like a gas car where you just release and it rolls to stop and you press the brake. You can set it to ROLL but it's not close to as a gas car. It usually takes a few hours in a tesla to get use to the peddle.
1
Apr 06, 2024 03:26 AM
461 Posts
Joined May 2019
Matrix80Apr 06, 2024 03:26 AM
461 Posts
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer Frown
That's AGI, and I make magnitudes more than that. I bought the Taycan and got 7500. Just lease a car with a credit, you'll get the 7500 even if it is foreign. Then just buy it if you negotiate the residual right.
1
Apr 06, 2024 03:47 AM
42 Posts
Joined Nov 2015
NewsL8499Apr 06, 2024 03:47 AM
42 Posts
Quote from Swissbuttercream :
Looking like a hockey puck buying Tesla model 3 LR for $60k in 2018
Say the same thing in 2026: someone paid $37K in 2024.
1
Apr 06, 2024 03:49 AM
69 Posts
Joined Mar 2023
letter2baApr 06, 2024 03:49 AM
69 Posts
Don't see any extra $5k discounts and original prices have actually risen since few months back. Same $7500 rebate deal that's not new.
Apr 06, 2024 03:50 AM
3,850 Posts
Joined Oct 2015
goodness97Apr 06, 2024 03:50 AM
3,850 Posts
Quote from RumbleTheBison :
Wild how something that may have 2500 miles on it is filtered as "new"
That is definitely used or certified used
Apr 06, 2024 03:50 AM
2,789 Posts
Joined May 2008
TheTomSawyerApr 06, 2024 03:50 AM
2,789 Posts
And what when battery can't cycle? Car is brick.
2

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Apr 06, 2024 03:51 AM
854 Posts
Joined Sep 2011
GaGaGeGeApr 06, 2024 03:51 AM
854 Posts
How is this a deal now? This $5k discount has been going on for over a year now, at least in the Austin area. $35k before any tax credit would be a sweet spot for most. I had a 3, then a Y that I had to sell. Now leasing a KIA EV6 and extremely happy with it. I like it way better than a Model Y. I would consider a Model Y again after the refresh.
Apr 06, 2024 03:56 AM
872 Posts
Joined Jul 2015
CheesisChristApr 06, 2024 03:56 AM
872 Posts
Not a good deal. Fisker is a better deal.
2
1
Apr 06, 2024 04:00 AM
905 Posts
Joined Sep 2010
SavePeonsApr 06, 2024 04:00 AM
905 Posts
Solar panels and EV is a life hack.
Apr 06, 2024 04:00 AM
468 Posts
Joined Nov 2017
lass.richardApr 06, 2024 04:00 AM
468 Posts
Give me Juniper upgrades and 400+ mile range, then I'm in for $35k, until then, I'm on the sideline.
Apr 06, 2024 04:04 AM
15,359 Posts
Joined Sep 2009
KnightshadeApr 06, 2024 04:04 AM
15,359 Posts
Quote from fred4358 :
Ok so I never was really interested in EV until recently I rented the Y for next to nothing from Hertz... And surprisingly I really like it. Serious question though... If Tesla actually went out of business would that effectively end the use of the car? No security or safety updates
How many security and safety updates do Toyotas get? Or just about any other brand of car for the last 100+ years?

Plus, Tesla has, by far, the most cash on hand versus debt in the auto industry- and quite good profit margins- they're not going anywhere.



Quote from fred4358 :
Ok
Also can anyone ballpark a price for installing the fastest charger in a residential garage?
The fastest is a Supercharger, which'll cost tens of thousands of dollars but put 150-200 miles of range on in like 15-20 minutes.

Nobody installs one at home though.

Your primary, realistic choices are:

Just plug it into a normal 120v wall socket... depending on the amperage it'll get you roughly 3-4 miles per hour of range--- typically people are at home 12-14 hours a day, so 36-56 miles of range added daily... which is more than the average american drives in a day. And it's free (other than buying the charger itself for a few hundred bucks).


or

Plug it into (or have it wired into) a 240v circuit. This can be as cheap as $0 (plus the charger itself for a few hundred bucks) if you already have a 240v plug available (some homes have them for hot tubs, electric dryers, welders, etc)... they even make inexpensive things to let you, say, share the plug the dryer attaches to, since you're probably charging the car while you sleep, but not drying clothes then. If not the cost to add one can vary wildly depending on where your install location is, where your fusebox is, and how much spare power is avialable in it. Also if you can do your own wiring or not. Could be like $50 in parts and DIY. Could be thousands of dollars if your fusebox has no open breakers and is the complete opposite side of your house from where you want it added. As to speed- depending on the amps of the plug and the specific charger you get something in the range of 22-45 miles of range added per hour... so really any of those speeds is going to be good enough for overnight charging to wake up as charged as you like each morning even if you drive 200 miles a day or something crazy.




Quote from Kevin7284 :
Takes a lot more than 30k income for 7.5k tax liability...

You don't need 7.5k in tax liability, you get 7.5k credit at point of sale and the IRS won't ask for any of it back even if your liability ends up being $0.


Quote from CheesisChrist :
Not a good deal. Fisker is a better deal.

How's a car from a company about to go out of business a better deal?
Apr 06, 2024 04:07 AM
3,850 Posts
Joined Oct 2015

This comment has been rated as unhelpful by Slickdeals users.

Apr 06, 2024 04:09 AM
144 Posts
Joined Feb 2015
dragoogmApr 06, 2024 04:09 AM
144 Posts
Quote from joliella :
How come the same
Car has different prices?
Because of supply and demand.

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Apr 06, 2024 04:10 AM
144 Posts
Joined Feb 2015
dragoogmApr 06, 2024 04:10 AM
144 Posts
Quote from goodness97 :
Ioniq 5 is better than model Y. Model Y is poorly built.
The one that costs $60k to have the battery fixed? No thanks
1

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