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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 08:01 PM
348 Posts
Joined Sep 2010
a.bApr 06, 2024 08:01 PM
348 Posts
After discovering the exorbitant costs of insurance and DMV registration fees in Cali, I'm not that excited anymore.
Apr 06, 2024 08:07 PM
20 Posts
Joined May 2008
LazyScrantonApr 06, 2024 08:07 PM
20 Posts
Never a dime to anything Elon is involved in ever again. Plenty of other EVs out there.
12
Apr 06, 2024 08:21 PM
1,950 Posts
Joined Aug 2011
robrob777Apr 06, 2024 08:21 PM
1,950 Posts
Best cars but depreciation and changing inconveniences (when you need it most) makes this a no go.
Also battery fails. Even my traxxas batteries fail in about 3 years. So a tesla is a disposable car.. But very nice
2
Apr 06, 2024 08:21 PM
776 Posts
Joined Jul 2009
mak101Apr 06, 2024 08:21 PM
776 Posts
I am in a small town, driving 15-20 miles/day and monthly one or two trips out of town 175 miles/trip. Now question is this or Audi q5?
Apr 06, 2024 08:23 PM
533 Posts
Joined Dec 2009
hvtran4Apr 06, 2024 08:23 PM
533 Posts
Quote from sarathy.ind :
And here I am bought it for 72k just two years back… talk about depreciation. Apart from that Tesla is just literally junk…
bummer, always buy things that are posted here on SD if you worry and are unhappy about paying too much lol
Apr 06, 2024 08:39 PM
2 Posts
Joined Dec 2023
BraveStag3043Apr 06, 2024 08:39 PM
2 Posts
Quote from LazyScranton :
Never a dime to anything Elon is involved in ever again. Plenty of other EVs out there.
Yea try the other EV's but Tesla is more advance and worth to have
1
Apr 06, 2024 08:42 PM
235 Posts
Joined Nov 2010
TensoneuApr 06, 2024 08:42 PM
235 Posts
Quote from LazyScranton :
Never a dime to anything Elon is involved in ever again. Plenty of other EVs out there.
Without Tesla there would be no other EV options or there. Except a Leaf.
1

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Apr 06, 2024 08:48 PM
469 Posts
Joined Dec 2018
SlickfriendlyApr 06, 2024 08:48 PM
469 Posts
Will wait for refreshed version to sell below 30k
1
Apr 06, 2024 08:48 PM
235 Posts
Joined Nov 2010
TensoneuApr 06, 2024 08:48 PM
235 Posts
Quote from leeak :
But the money you saved is loss on resale value.

"A recent study from iSeeCars.com showed the average price of a 1- to 5-year-old used EV in the U.S. fell 31.8% over the past 12 months, equating to a value loss of $14,418."

I don't drive enough to offset that.
Imagine buying a car and factoring in resale value. If you're worried then just lease. That's why they exist.
2
Apr 06, 2024 08:59 PM
16 Posts
Joined Oct 2016
leeakApr 06, 2024 08:59 PM
16 Posts
Quote from Tensoneu :
Imagine buying a car and factoring in resale value. If you're worried then just lease. That's why they exist.
You're right, it s a different mindset. My cars a paid off and currently EV doesn't make sense to people like me. Different demographic has different mindset of wealth management. You do you!
Apr 06, 2024 09:07 PM
249 Posts
Joined Oct 2016
Tails83Apr 06, 2024 09:07 PM
249 Posts
Quote from leeak :
But the money you saved is loss on resale value.

"A recent study from iSeeCars.com showed the average price of a 1- to 5-year-old used EV in the U.S. fell 31.8% over the past 12 months, equating to a value loss of $14,418."

I don't drive enough to offset that.
"I don't drive enough to offset that."

Why buy a brand new car if you don't drive a lot? The unnecessary depreciation hit is too much in that scenario. Just buy a used Corolla.
3
Apr 06, 2024 09:29 PM
1,286 Posts
Joined Feb 2017
sdobermaApr 06, 2024 09:29 PM
1,286 Posts
I drive 2001 saab 9-5 last for 23 years. Yeah, it's pos old car, but it still runs like a champ. I know we all love new tech and fancy, but remember that a car is just a car.
1
Apr 06, 2024 09:34 PM
49 Posts
Joined May 2017
RbathApr 06, 2024 09:34 PM
49 Posts
Quote from RumbleTheBison :
Wild how something that may have 2500 miles on it is filtered as "new"
I bought a VW Passat with 1100 miles and it was sold as new. Any car used internally and not registered is considered as New. I negotiated $5k off the price, it really depends if you want it
2
Apr 06, 2024 09:46 PM
50 Posts
Joined May 2013
MikeM5182Apr 06, 2024 09:46 PM
50 Posts
Just bought mine from Tysons Va. lot of wind noise coming from drivers vent when compared to my model 3 Frown had to book a service appointment. Hope it gets fixed
Last edited by MikeM5182 April 6, 2024 at 04:21 PM.

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Apr 06, 2024 09:50 PM
698 Posts
Joined Jan 2021
JamaalJohnsonApr 06, 2024 09:50 PM
698 Posts
Quote from beggerking :
need FSD transfer...
You missed it, that was free last month.

edit: I literally discovered this early yesterday when I was on their site, and they have changed it since, lol.
Last edited by JamaalJohnson April 6, 2024 at 04:05 PM.

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