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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 07, 2024 12:16 AM
334 Posts
Joined Jun 2015
ChlamberApr 07, 2024 12:16 AM
334 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.
The major growth wave of EV sales also coincides with the unprecedented pricing increases of 2020-2022. Now that pricing has come back to earth many consider that to be "depreciation", yet the same isn't factored for the $10k+ dealer markups that were prevalent in legacy ICE vehicles. I refuse to treat numbers from that abnormal period of time as though that's to be expected going forward.
Apr 07, 2024 12:39 AM
255 Posts
Joined Nov 2018
LuisG9065Apr 07, 2024 12:39 AM
255 Posts
I would definitely lease one but not right now. My car is still running pretty well for being 14 years old and I have no interest in taking another monthly payment.
Apr 07, 2024 01:02 AM
244 Posts
Joined Jul 2009
TheDeak08Apr 07, 2024 01:02 AM
244 Posts
Quote from krt1107 :
A 10 year old corolla is a shit box. TBH, if you own anything past 6-8 years, they are out of date and in poor condition. Generally meant to be for poor people. A decent middle class standard is to treat yourself to a new car home 4 nice vacay which is middle class standard, also a reward for being productive member of a society.
Thinking like this is exactly why a lot of people are broke. I drive an 11 year old car and it still looks/runs great. If you take care of something it doesn't become a POS after 7-8 years. Amazing concept.
Apr 07, 2024 01:07 AM
4,672 Posts
Joined Mar 2005
1jzgteApr 07, 2024 01:07 AM
4,672 Posts
Quote from TheDeak08 :
Thinking like this is exactly why a lot of people are broke. I drive an 11 year old car and it still looks/runs great. If you take care of something it doesn't become a POS after 7-8 years. Amazing concept.
The concept of "thinking" doesn't apply to him
Apr 07, 2024 01:08 AM
3,685 Posts
Joined Apr 2011
kida182001Apr 07, 2024 01:08 AM
3,685 Posts
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer Frown
Take a trip into the emergency room.
2
Apr 07, 2024 01:13 AM
1,374 Posts
Joined Oct 2010
almightysApr 07, 2024 01:13 AM
1,374 Posts
So much misinformation in this thread. All the EV hater who can't afford one with there 550 credit score come out in droves lol
4
Apr 07, 2024 01:13 AM
71 Posts
Joined Mar 2011
skank2dis1Apr 07, 2024 01:13 AM
71 Posts
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer Frown
I hate you!!! Hahaha
1

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Pro
Apr 07, 2024 01:23 AM
7,200 Posts
Joined Dec 2007
mrm16
Pro
Apr 07, 2024 01:23 AM
7,200 Posts
Quote from michaelh888 :
I was lucky to get an inventory MY long range for 45440 back in September last year. It was produced two weeks earlier with less than 20 miles. -500 referral bonus -7500 tax credit -2500 Texas incentive, the total 45440-500-7500-2500=34940 plus charge cable, delivery charge, tax and doc fee.
Lucky! My state doesn't offer any rebate whatsoever. Stingy bastards!
Last edited by mrm16 April 6, 2024 at 07:31 PM.
1
Apr 07, 2024 01:23 AM
23 Posts
Joined Jul 2011
sterlingbludApr 07, 2024 01:23 AM
23 Posts
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer Frown
What type of work do you do?
Apr 07, 2024 01:29 AM
63 Posts
Joined Sep 2011
potter622Apr 07, 2024 01:29 AM
63 Posts
Quote from tony310s :
lol half of the people commenting on here can't even afford this car so not sure why they are on here putting in their 2 cents.

Anyways I bought mine in late Feb with the extra $1k off. I feel like I got a great deal and love it so far. Very fun and fast car to drive!!!!!!!! If you are in the market buy it now... I never understood waiting to buy something you really want just to save a couple of dollars. That only means you didn't really want it in the first place. Oh well my 2 cents lol!!!
What makes you believe people here commenting can't afford the car? People like you are called arrogant, and are a disgrace. My 2 cents
Apr 07, 2024 01:32 AM
235 Posts
Joined Nov 2010
TensoneuApr 07, 2024 01:32 AM
235 Posts
Quote from JakeF2980 :
Have a feeling there is going to be a firesale on EVs. Government injected a ton of money into a product nobody wants and now they are all going tits up. Tesla will probably be OK but the rest are dying off left and right.
Get your facts straight instead of posting misinformation.
4
Apr 07, 2024 01:33 AM
51 Posts
Joined Nov 2011
ed.deApr 07, 2024 01:33 AM
51 Posts
Quote from hottie :
Didn't it expire on March 31st ?
Don't consider FSD or EAP with Vision only 2024 models. Summon, Smart Summon and AutoPark are disabled.
Apr 07, 2024 01:38 AM
235 Posts
Joined Nov 2010
TensoneuApr 07, 2024 01:38 AM
235 Posts
Quote from leeak :
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!
Right everyone's situation is different. However sometimes some lease deals are better than actual purchases outright of a car.

The best one was when we leased a 2018 Kia Soul EV for $150/mo for 3 years. $2k down.
Apr 07, 2024 01:40 AM
2,357 Posts
Joined Apr 2006
hottieApr 07, 2024 01:40 AM
2,357 Posts
Quote from ed.de :
Don't consider FSD or EAP with Vision only 2024 models. Summon, Smart Summon and AutoPark are disabled.
Auto park works for me, just did it today. Will test summon tomorrow.

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Apr 07, 2024 01:41 AM
1,208 Posts
Joined Aug 2007
cloudiettApr 07, 2024 01:41 AM
1,208 Posts
Cheapest long range is 47,200 in my area. I wish I can find this deal

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