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expiredxTorquEx posted Apr 05, 2024 05:46 PM
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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 1,006,786 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.

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Apr 06, 2024 09:23 AM
1,338 Posts
Joined Feb 2020
GreySwing658Apr 06, 2024 09:23 AM
1,338 Posts
Quote from imperialdrive :
I commute 20 miles a day plus 800 miles a month for trips. Picked up a very comfy Toyota used for 8K that needed some work. 4K and a week later I had a very well running car. Insurance is 100/mo. Registration is 200/yr. It has really well thought out buttons so I don't have to mess with a touchscreen. Spare parts are a breeze if need be. I get an oil change twice a year which is done in 5 minutes while I sit in my car for $50.

I *could* drop 40-50K out the door for a Tesla, which would mean 800/yr registration, 200+/mo insurance, having to deal with a charger at home, or even worse out in public for 4x the time and hassle. The interest and return on my savings pays for my gas. However, I could go really really fast in this Tesla but that's the last thing I ever want to do because it's dangerous and I value safety for all things around me. I'd also rather reduce and reuse by buying used which is good for the environment.

So who are these absolute morons embarrassing America daily?
So you're comparing buying an old used car 8k to a brand new car 40-50k and complaining about fees that's directly related to the cost of the car? I see, maybe it's quite embarrassing when murican like yourself are trying to do math but can't really do math. Not to mention not supporting American business.
Apr 06, 2024 09:27 AM
1,338 Posts
Joined Feb 2020
GreySwing658Apr 06, 2024 09:27 AM
1,338 Posts
Quote from spaceXK :
100% Good chance Model Y inventory prices will go down by another 3 to 4000. Those who are not in rush can wait until Q2 or Q3.
I reckon they want to sell cars but they just need to compete with other car manufacturers and not keep lowering their prices because some people are waiting to pull the trigger.
Apr 06, 2024 09:43 AM
1,338 Posts
Joined Feb 2020
GreySwing658Apr 06, 2024 09:43 AM
1,338 Posts
Quote from a_land :
I have a lease expiring in October and feel like I'll be able to buy this thing for $20,000 by then
Good news: you will still have this feeling for as long as you like.
1
Apr 06, 2024 09:48 AM
1,338 Posts
Joined Feb 2020
GreySwing658Apr 06, 2024 09:48 AM
1,338 Posts
Quote from BananaPeel09 :
That's precisely what I do. Just wanted to answer the other person's question since they asked about charging to 100%
I only asked because it takes me a lot longer than 40 min to 100% from 20% for my lr. And since we're talking about the standard range being software locked it seems to make sense, but it also might be the smaller battery is faster to charge to 100.
Apr 06, 2024 09:55 AM
204 Posts
Joined May 2017
FrancoisP59Apr 06, 2024 09:55 AM
204 Posts
Quote from beggerking :
need FSD transfer...
It's your lucky day because Tesla announced that FSD can be transferred this quarter.
1
Apr 06, 2024 10:17 AM
712 Posts
Joined May 2013
CouponFinder99Apr 06, 2024 10:17 AM
712 Posts
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer Frown
Same. Buy used?
Apr 06, 2024 10:27 AM
15 Posts
Joined Apr 2021
FeistyWeather831Apr 06, 2024 10:27 AM
15 Posts
I remember, I placed a $$$ deposit on the model 3 tesla . I waited and waited. I decided to cancel my order and purchased a Toyota RAV4 prime. Glad I did. No range anxiety. I get 50 mile range with all electric before the engine kicks in. My commute is 40 miles a day. The best part, I received the $7500 federal tax rebate and I did not pay over MSRP. GREAT DEPENDABLE car. GLAD I did not buy the Tesla, the Tesla used car market is falling faster and faster.
2

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Apr 06, 2024 10:35 AM
2,278 Posts
Joined Nov 2007
bargainbernieApr 06, 2024 10:35 AM
2,278 Posts
Is there currently a $2,000 tax credit in New York state??!?
Apr 06, 2024 10:36 AM
3,156 Posts
Joined Jun 2016
np1050Apr 06, 2024 10:36 AM
3,156 Posts
Check with your state and utility provider about charger credits. The mobile connector is nice but there's a chance you can get a level 2 wall charger for cheap.
Apr 06, 2024 10:54 AM
2,532 Posts
Joined Mar 2012
stanclaveApr 06, 2024 10:54 AM
2,532 Posts
Quote from Dr. J :
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
Many of my past Budget rentals have been under 10 miles ODO
Apr 06, 2024 10:55 AM
2,532 Posts
Joined Mar 2012
stanclaveApr 06, 2024 10:55 AM
2,532 Posts
Quote from FeistyWeather831 :
I remember, I placed a $$$ deposit on the model 3 tesla . I waited and waited. I decided to cancel my order and purchased a Toyota RAV4 prime. Glad I did. No range anxiety. I get 50 mile range with all electric before the engine kicks in. My commute is 40 miles a day. The best part, I received the $7500 federal tax rebate and I did not pay over MSRP. GREAT DEPENDABLE car. GLAD I did not buy the Tesla, the Tesla used car market is falling faster and faster.
And then Toyota dealers went greedy dastardly
Apr 06, 2024 11:11 AM
2,468 Posts
Joined Nov 2010
MasterRiggerApr 06, 2024 11:11 AM
2,468 Posts
Hybrid is the way to go.
1
2
Apr 06, 2024 11:16 AM
133 Posts
Joined Jan 2011
bidmommyApr 06, 2024 11:16 AM
133 Posts
Quote from shughes53 :
Same here, bought back in September 23 for $35,720, plus destination minus tax credit is about $29k. Very happy so far, other than the stupid auto wipers, lol.
I also bought a 2023 Model 3 RWD in December at 35480-7500. The Model Y was very close to this 44-45k price even then. Happy with my model 3 so far.
Apr 06, 2024 11:17 AM
2,468 Posts
Joined Nov 2010
MasterRiggerApr 06, 2024 11:17 AM
2,468 Posts
Quote from FeistyWeather831 :
I remember, I placed a $$$ deposit on the model 3 tesla . I waited and waited. I decided to cancel my order and purchased a Toyota RAV4 prime. Glad I did. No range anxiety. I get 50 mile range with all electric before the engine kicks in. My commute is 40 miles a day. The best part, I received the $7500 federal tax rebate and I did not pay over MSRP. GREAT DEPENDABLE car. GLAD I did not buy the Tesla, the Tesla used car market is falling faster and faster.
Good post. The ceo at Toyota was criticized for years about not going the full electric route at Toyota. Now the pundits admit he was right.
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Apr 06, 2024 11:17 AM
1,383 Posts
Joined Jul 2005
evidentApr 06, 2024 11:17 AM
1,383 Posts
I know tesla objectively makes the best ev at the moment but others are catching up. I would be in a model 3 right now but I refuse to line the pockets of a man child billionaire . So I'll wait for toyota to offer something worthwhile
2
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