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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 1,006,685 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 06:23 PM
6,126 Posts
Joined Feb 2007
yazyazooApr 06, 2024 06:23 PM
6,126 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.

How did you get the $7500 federal tax rebate? Was this before IRA EV changes? I don't think it's offered anymore in 2024 for the Rav4 Prime. Currently I see Toyota is offering $6500 Toyota Cash if leased on Rav4Prime which isn't the$7500 federal tax credit.

I am looking at getting a Rav4Prime and would like to save $7500 if possible.
Apr 06, 2024 06:23 PM
74 Posts
Joined May 2016
TrewtrewApr 06, 2024 06:23 PM
74 Posts
Think getting the Ioniq 5 if you can find the lease deal is a much better deal.
Apr 06, 2024 06:28 PM
11 Posts
Joined Jun 2015
MadrasRajApr 06, 2024 06:28 PM
11 Posts
Quote from beggerking :
need FSD transfer...
As per this article, Tesla is bringing back FSD transfer this quarter.

https://electrek.co/2024/04/05/te...ime-offer/
Apr 06, 2024 06:30 PM
8 Posts
Joined Nov 2019
BeautifulSeagull986Apr 06, 2024 06:30 PM
8 Posts
I still drive my Prius 2005 and getting 50mpg. 2nd battery (diy replacement). Very happy about it Smilie Once it dies - will think about Tesla (if no nuclear war).
2
Apr 06, 2024 06:34 PM
22 Posts
Joined Mar 2020
SeriousHamster4794Apr 06, 2024 06:34 PM
22 Posts
Tesla is trying to boost their Q2 sales number but keep in burning people that bought Teslas already. Bad business strategy..
Apr 06, 2024 06:37 PM
53 Posts
Joined Apr 2016
budlongpdxApr 06, 2024 06:37 PM
53 Posts
Quote from RumbleTheBison :
Wild how something that may have 2500 miles on it is filtered as "new"
There are some display models, read that yesterday, some are brand new
Pro
Apr 06, 2024 06:38 PM
821 Posts
Joined Apr 2016
He-Man
Pro
Apr 06, 2024 06:38 PM
821 Posts
Quote from morse1322 :
I regret buying mine due to build quaility and poor service but the acceleration really is fast
Good acceleration with poor build & service quality is a perfect recipe for disaster!
My personal opinion for long: Tesla has miles to go to call them reliable!

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Apr 06, 2024 06:39 PM
16 Posts
Joined Aug 2021

This comment has been rated as unhelpful by Slickdeals users.

Apr 06, 2024 06:40 PM
30 Posts
Joined Oct 2021
nTosApr 06, 2024 06:40 PM
30 Posts
Quote from cheapodeal :
My son (16 year old) recently got license. Is it possible to buy car under his name (to quality for tax credit). I guess if I am the co-owner, we cannot get tax credit, is that right?
It's advance tax credit you get discounts $7500 on MRP at the time of purchase tesla. It shouldn't be issue.
Apr 06, 2024 06:43 PM
2,468 Posts
Joined Nov 2010
MasterRiggerApr 06, 2024 06:43 PM
2,468 Posts
The quotes in red are unreadable
Apr 06, 2024 06:44 PM
30 Posts
Joined Oct 2021
nTosApr 06, 2024 06:44 PM
30 Posts
Quote from dragonboss :
When is the refreshed MY coming? I would like to have ventilated seats and as per what I have read, it is a feature that will be added in the refreshed MY.
Coming soon probably next year. Should be same feature transferred from Hiland to Juniper.
Apr 06, 2024 06:48 PM
2,619 Posts
Joined Jul 2016
Meribela_SApr 06, 2024 06:48 PM
2,619 Posts
Quote from JollyHome539 :
This feels like we are in China now. Good job Slickdeals.
And in red to boot...
Apr 06, 2024 06:52 PM
30 Posts
Joined Oct 2021
nTosApr 06, 2024 06:52 PM
30 Posts
Quote from SeanT30 :
Why is everyone stating you need a $7,500 tax liability? Didn't Edmund's and other publications come out and state the IRS changed this to point of sale for this exact reason? They agreed to enforce the income limit but if your liability was not met they were not enforcing it.

That was the whole point of the change and offering the credit to lower income individuals to drive adoption and sales.

Is this not correct?
You're absolutely right. It's point of sell credit. Simple word $7500 cash discount on your MRP Tesla vehicle
Apr 06, 2024 06:56 PM
53 Posts
Joined Jun 2014
sarathy.indApr 06, 2024 06:56 PM
53 Posts
And here I am bought it for 72k just two years back… talk about depreciation. Apart from that Tesla is just literally junk…
2

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Apr 06, 2024 07:03 PM
711 Posts
Joined Dec 2007
wolfpacApr 06, 2024 07:03 PM
711 Posts
Quote from junkdealer :
It has been like this for months
so why are there so many thumb ups and why don't more people thumb down
1

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