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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 1,006,551 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 04:06 AM
245 Posts
Joined Dec 2014
savenmavenApr 07, 2024 04:06 AM
245 Posts
Pretty wild that you can get a car that goes 0-60 in 3.5sec, somewhere around 100mpg equivalent, and seating for up to 7 small humans for around $40k.
1
2
Apr 07, 2024 04:06 AM
2,020 Posts
Joined Nov 2008
gt5ohApr 07, 2024 04:06 AM
2,020 Posts
You sure you don't want a Fisker Ocean instead?
1
Apr 07, 2024 04:09 AM
152 Posts
Joined May 2015
dealer91Apr 07, 2024 04:09 AM
152 Posts
Quote from SonofZeus :
"New" means: never titled/full factory warranty.
It's always been this way in car world.
PSA: if you want this brand, lease it with no money down.
Any reason why lease is suggested over financing? Thanks
Apr 07, 2024 04:10 AM
3 Posts
Joined Oct 2020
SiennaTent1490Apr 07, 2024 04:10 AM
3 Posts
Quote from HarishH5314 :
Fsd transfer is still there
I'm sorry can you point me to where it says that? My offer expired end of march and I can't find it anywhere on their site. I kind of regret not renewing my x during that. Is the supercharging also transferring? Thanks!
Apr 07, 2024 04:13 AM
1,742 Posts
Joined Dec 2007
triggerhappy007Apr 07, 2024 04:13 AM
1,742 Posts
Quote from yazyazoo :
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.
Right, they must have gotten it before April 18, 2023. I test drove a RAV4 Prime that wasn't charged and it sounded horrible.
Quote from FatFreddysCat :
Just a data point:

2018 Toyota Prius
Phoenix, AZ

We consistently get 58 to 62 mpg depending on whether or not we are running the AC. We drive it like a normal car, but do not accelerate rapidly or brake at the last minute. 90% surface roads, 10% highway.

With gas around $4/gallon (usually less) ===> $0.07 per mile.
Right, the only way they would get 4 cents a mile is driving a hybrid that gets 100 miles per gallon.
Apr 07, 2024 04:23 AM
1,742 Posts
Joined Dec 2007
triggerhappy007Apr 07, 2024 04:23 AM
1,742 Posts
Quote from demigo :
It doesn't make sense to subtract the 7500 credit from the price of the car. The POS credit, if applicable, applies after the taxes are added up to the total price. So the effective credit we get is 7500 derated by the taxes.
Depends on your state's tax laws. I know CA sucks because you get taxed on the price before rebates/tax credit. In most other states, you get taxed after.
Apr 07, 2024 04:23 AM
786 Posts
Joined Nov 2010
nsurgApr 07, 2024 04:23 AM
786 Posts
Quote from MasterRigger :
A few things that a lot of buyers don't consider are the cost of tires. Tires wear out faster because of the weight and acceleration of the car. Put cheap tires on and you lose driving range and it shortens the mileage life and increases the road noise . Your insurance liability might be going up soon. The government and the insurance company's are looking into the damage that a 10k lb vehicle causes in vehicle to vehicle collisions. Study's are showing that personal injury and property loss are higher in crashes involving ev vehicles.
A few things a lot of nay-sayers don't consider is grammar or logic when they criticize a car they have never driven.
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Apr 07, 2024 04:40 AM
154 Posts
Joined Jul 2018
BoV6227Apr 07, 2024 04:40 AM
154 Posts
Quote from chitownow :
Not if price on gas will go up.... Then EV become popular again
It's almost $6 in San Diego.
3
Apr 07, 2024 04:41 AM
184 Posts
Joined Apr 2004
Real-DealsApr 07, 2024 04:41 AM
184 Posts
Wait don't jump yet, it's gonna be even lower very soon!
Apr 07, 2024 04:42 AM
3,531 Posts
Joined Oct 2006
waterfrontApr 07, 2024 04:42 AM
3,531 Posts
love the car and the price. $374 + $2999+ $250 and minus the total gas cost for 3 years (~ 12k) you will come out winner with the lease dal.
1
Apr 07, 2024 04:43 AM
154 Posts
Joined Jul 2018
BoV6227Apr 07, 2024 04:43 AM
154 Posts
I'm a veteran with fixed income and the price is still too high for me.
1
Apr 07, 2024 04:44 AM
215 Posts
Joined Jun 2017
jproeclipseApr 07, 2024 04:44 AM
215 Posts
Quote from gt5oh :
You sure you don't want a Fisker Ocean instead?
It's garb
Apr 07, 2024 04:46 AM
3,450 Posts
Joined Jun 2012
jl2672aApr 07, 2024 04:46 AM
3,450 Posts
Wow. I waited 15 months for my order at $55,900 in 2022. My friend did worse, paying $67,900 at the peak of the market. And I didn't even get the tax credit because Tesla sold too many. How can they afford to sell these at $46k? It's pretty infuriating for current owners cause it sinks our resale values.

Love the car but hate the price drops after the fact.
1
4
Apr 07, 2024 05:07 AM
1,509 Posts
Joined Oct 2016
LaughinGassApr 07, 2024 05:07 AM
1,509 Posts
Quote from jl2672a :
Wow. I waited 15 months for my order at $55,900 in 2022. My friend did worse, paying $67,900 at the peak of the market. And I didn't even get the tax credit because Tesla sold too many. How can they afford to sell these at $46k? It's pretty infuriating for current owners cause it sinks our resale values.

Love the car but hate the price drops after the fact.
Did you buy it to drive it, or to sell it? Cars are not really an investment, so don't treat it as such.
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Apr 07, 2024 05:13 AM
853 Posts
Joined May 2007
Shamu23Apr 07, 2024 05:13 AM
853 Posts
Quote from LaughinGass :
Did you buy it to drive it, or to sell it? Cars are not really an investment, so don't treat it as such.
Yea exactly! You don't buy a car expecting to appreciate in value. But if I bought at the peak and saw the value dropping so much I'd be pissed too
1

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