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expiredxTorquEx posted Apr 5, 2024 5:46 PM

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

$40,490

$44,990

10% off
(For Qualified Buyers)
1M 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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1.5K Comments

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Apr 6, 2024 8:01 PM
355 Comments
Joined Sep 2010
a.bApr 6, 2024 8:01 PM
355 Comments
After discovering the exorbitant costs of insurance and DMV registration fees in Cali, I'm not that excited anymore.
Apr 6, 2024 8:07 PM
20 Comments
Joined May 2008
LazyScrantonApr 6, 2024 8:07 PM
20 Comments
Never a dime to anything Elon is involved in ever again. Plenty of other EVs out there.
12
Apr 6, 2024 8:21 PM
2K Comments
Joined Aug 2011
robrob777Apr 6, 2024 8:21 PM
2K Comments
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 6, 2024 8:21 PM
784 Comments
Joined Jul 2009
mak101Apr 6, 2024 8:21 PM
784 Comments
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 6, 2024 8:23 PM
548 Comments
Joined Dec 2009
hvtran4Apr 6, 2024 8:23 PM
548 Comments
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 6, 2024 8:39 PM
2 Comments
Joined Dec 2023
BraveStag3043Apr 6, 2024 8:39 PM
2 Comments
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 6, 2024 8:42 PM
237 Comments
Joined Nov 2010
TensoneuApr 6, 2024 8:42 PM
237 Comments
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 6, 2024 8:48 PM
505 Comments
Joined Dec 2018
SlickfriendlyApr 6, 2024 8:48 PM
505 Comments
Will wait for refreshed version to sell below 30k
1
Apr 6, 2024 8:48 PM
237 Comments
Joined Nov 2010
TensoneuApr 6, 2024 8:48 PM
237 Comments
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 6, 2024 8:59 PM
16 Comments
Joined Oct 2016
leeakApr 6, 2024 8:59 PM
16 Comments
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 6, 2024 9:07 PM
253 Comments
Joined Oct 2016
Tails83Apr 6, 2024 9:07 PM
253 Comments
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 6, 2024 9:29 PM
1.3K Comments
Joined Feb 2017
sdobermaApr 6, 2024 9:29 PM
1.3K Comments
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 6, 2024 9:34 PM
49 Comments
Joined May 2017
RbathApr 6, 2024 9:34 PM
49 Comments
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 6, 2024 9:46 PM
50 Comments
Joined May 2013
MikeM5182Apr 6, 2024 9:46 PM
50 Comments
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 03:21 PM.

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Apr 6, 2024 9:50 PM
706 Comments
Joined Jan 2021
JamaalJohnsonApr 6, 2024 9:50 PM
706 Comments
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 03:05 PM.

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