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expiredxTorquEx posted Apr 05, 2024 05:46 PM
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Item 1 of 2
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 1,006,732 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 08:52 PM
51 Posts
Joined Dec 2019
E-TronPowerApr 07, 2024 08:52 PM
51 Posts
How is it $33.8K? Mine came out $40.2K.
Apr 07, 2024 09:20 PM
151 Posts
Joined Jan 2010
borovy3488Apr 07, 2024 09:20 PM
151 Posts
As soon as I can find a decent new EV that I can own in 5, possibly 6, years after a monthly payment of $300 with $0 down, I'll buy it. I almost caved and bought the Bolt, but couldn't get over how terrible they looked on the outside.
Last edited by borovy3488 April 7, 2024 at 04:03 PM.
Apr 07, 2024 09:27 PM
1,078 Posts
Joined Oct 2004
kornpopzApr 07, 2024 09:27 PM
1,078 Posts
Quote from DL_ :
That's interesting, I was under the impression you would have to pay it back if you didn't qualify. What if you exceed the income limits?
If you exceed the income limits then you would have to pay it back.
Apr 07, 2024 09:32 PM
32 Posts
Joined Aug 2015
ndenn002Apr 07, 2024 09:32 PM
32 Posts
Also I've noticed that Tesla doesn't put years on its site so this could be a 2021 or 2022
Apr 07, 2024 10:10 PM
33 Posts
Joined Dec 2021
RelaxedPassenger942Apr 07, 2024 10:10 PM
33 Posts
Quote from AhmadH1772 :
This is not as good as the March deal. They are all $1000 more expensive. The other discounts were available most of q1.
Your right it's better 5k off extra
Apr 07, 2024 10:15 PM
2,357 Posts
Joined Feb 2005
nolifeApr 07, 2024 10:15 PM
2,357 Posts
Quote from Buckythebadger :
Every friend of mine that owns a Tesla absolutely loves it & they rave about how great it is all the timeWink Like it or not EV's are the future & you'd think everyone would love saving tons of money on gas with top notch tech, but we live amongst absolute morons embarrassing America daily!
I'm still daily driving my 2001 car I paid $2k for 12 years ago. I guess I'm the moron you are referring to. I have nothing against the concept of an EV at all. Waiting for it to settle down. Based on the price drops alone and quality of some brands models I have no regrets waiting.
Last edited by nolife April 7, 2024 at 04:22 PM.
1
Apr 07, 2024 10:18 PM
371 Posts
Joined Apr 2012
kneeldugApr 07, 2024 10:18 PM
371 Posts
I've been shopping these for a week very seriously and I'm a little disappointed that they're $1,000 more then they were just a week ago. There are a few fewer spiffs on it now as well. I sure wish this had Android auto instead of requiring a stupid package at $100 subscription a year to have some Tesla OS features unlocked like being able to see traffic on a map. Still, it appears to be the best deal around for a good EV. I sure wish Hyundai qualified for the $7500 off on purchases!

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Apr 07, 2024 10:40 PM
3,823 Posts
Joined Dec 2011
ebolaboiApr 07, 2024 10:40 PM
3,823 Posts
Cars with years and years with no refreshes.
Apr 07, 2024 10:40 PM
3,823 Posts
Joined Dec 2011
ebolaboiApr 07, 2024 10:40 PM
3,823 Posts
Quote from ndenn002 :
Also I've noticed that Tesla doesn't put years on its site so this could be a 2021 or 2022
In their defense. They wouldn't know either. Grab bag.
Apr 07, 2024 10:42 PM
3,823 Posts
Joined Dec 2011
ebolaboiApr 07, 2024 10:42 PM
3,823 Posts
Quote from garyhgaryh :
This is the second time Fisker/Fiskar has gone bankrupt. Henrik Fiskar doesn't have a good track record.
Muskrat just conned people with money.
Expert
This user is an Expert in Computers
Apr 07, 2024 10:48 PM
11,898 Posts
Joined Oct 2009
TekkenLord
Expert
This user is an Expert in Computers
Apr 07, 2024 10:48 PM
11,898 Posts
https://www.reddit.com/r/TeslaMod...e_changes/

https://www.forbes.com/sites/broo...ad756c3926
Last edited by TekkenLord April 7, 2024 at 04:53 PM.
Apr 07, 2024 10:54 PM
4 Posts
Joined Apr 2024
TealGame4096Apr 07, 2024 10:54 PM
4 Posts
Quote from Xpolishx :
For the sake of transparency and a good read, would you mind posting some links on these statements? I'm sure others are also curious to know more.
So full disclosure, I drove a Volt for a decade and have an EV6 now. I have always wondered why there isn't a 500 mile range Accord out now dominating the market. This excellent video really breaks down why Japan rejected EVs better than I ever could... Harakiri [youtube.com] The future grift was my own sleuthing. When Toyota started losing market share in the US (almost exactly equal to EV sale growth), all the "Hey, we got solid state batteries coming, trust us. Buy a hybrid while you wait" press releases started. My BS meter went off immediately and I looked up who actually is "making' these never demonstrated batteries. Idemitsu. A company literally described in almost every story and wiki as "Japanese petroleum giant". Also, check out the image in this story and tell me what you think it is (not British Petroleum)... BP [world-energy.org]. It's seems almost obvious what's going to happen. They'll collect like a trillion Yen in subsidies (the board is full of former Toyota and Honda execs), build a bunch of factories with no product to make, throw up their hands in five to ten years saying they tried (just like hydrogen), and then buy Rivian or something.
Last edited by TealGame4096 April 7, 2024 at 05:02 PM.
1
Apr 07, 2024 10:59 PM
4 Posts
Joined Apr 2024
TealGame4096Apr 07, 2024 10:59 PM
4 Posts
Quote from kneeldug :
I've been shopping these for a week very seriously and I'm a little disappointed that they're $1,000 more then they were just a week ago. There are a few fewer spiffs on it now as well. I sure wish this had Android auto instead of requiring a stupid package at $100 subscription a year to have some Tesla OS features unlocked like being able to see traffic on a map. Still, it appears to be the best deal around for a good EV. I sure wish Hyundai qualified for the $7500 off on purchases!
So there is a loophole if you can handle paying for the car in full or have like a credit union with a great rate. Look into the EV lease early buy out loophole. Basically, the car dealerships set it up so the new EV rebate still pays them regardless of where the vehicle was built and you typically can get them to pass it on to you (minus the lease set up/early termination fees... usual about 1K and any interest generated while you're paying it off). We did this on my wife's Genesis and paid it off in under a month all online without much hassle.
1
Apr 07, 2024 11:03 PM
5,384 Posts
Joined Mar 2014

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Apr 07, 2024 11:33 PM
4,661 Posts
Joined Mar 2006
PhasersApr 07, 2024 11:33 PM
4,661 Posts
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer Frown
If you're self employed, Google "clean commercial vehicle credit"

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