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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 1,006,551 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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Expert
This user is an Expert in Computers
Apr 08, 2024 06:10 PM
11,898 Posts
Joined Oct 2009
TekkenLord
Expert
This user is an Expert in Computers
Apr 08, 2024 06:10 PM
11,898 Posts
SD is stepping in. I am obligated to buy more TSLA shares. I hope EM is seeing this thread and compensating SD handsomely.
Last edited by TekkenLord April 8, 2024 at 12:24 PM.
1
Apr 08, 2024 06:10 PM
395 Posts
Joined Jun 2010
sairamnvpApr 08, 2024 06:10 PM
395 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.
Isn't the white included earlier? Now except for Grey every color is 1000 $ or more
Apr 08, 2024 06:11 PM
1,195 Posts
Joined Oct 2013
MasaikeApr 08, 2024 06:11 PM
1,195 Posts
Quote from mustang6x :
That's right. We picked up our model y last weekend, 7500 off was applied immediately. What is cool is that you can use your last year income or you can use expected income for 2024. No verification needed at the moment of purchase.

Btw, if anyone wants a referral for free 3 months of FSD - dm me, I can share the code.
oh thank you. I did not realize "you can use your last year income or you can use expected income for 2024. No verification needed at the moment of purchase." will someone chase after you when they find out you do not actually qualify for the 7500 immediate discount?
Apr 08, 2024 06:11 PM
1,443 Posts
Joined Dec 2018
BilboMcBaggins69Apr 08, 2024 06:11 PM
1,443 Posts
Man I would love to be able to afford one of these cars someday.
Apr 08, 2024 06:12 PM
122 Posts
Joined Mar 2017
mhw1998Apr 08, 2024 06:12 PM
122 Posts
Quote from MadOx :
I could grant you your wish by taking some of that 💰 off your hand so you could be poorer.😉
Humble brag much?
Apr 08, 2024 06:12 PM
24 Posts
Joined Apr 2015
lilvlovechickenApr 08, 2024 06:12 PM
24 Posts
Quote from mattun :
The point was it's 53K was a stupid Honda Pilot. Everything is overpriced now.
I know, it's stupid 😭
Apr 08, 2024 06:13 PM
1,274 Posts
Joined Jul 2003
NotFastApr 08, 2024 06:13 PM
1,274 Posts
Quote from Lakupipus :
Rear wheel drive only? Na bro
Burnouts!

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Apr 08, 2024 06:16 PM
705 Posts
Joined Nov 2006
kromixApr 08, 2024 06:16 PM
705 Posts
Definitely not a slick deal, was cheaper with better incentives last month, and even better in January.

Nothing to see here.
Apr 08, 2024 06:17 PM
211 Posts
Joined May 2019
capon3Apr 08, 2024 06:17 PM
211 Posts
Quote from Autumn :
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.
How dare you try and censor good ole American internet meming involving Tesla.
4
Apr 08, 2024 06:17 PM
1,056 Posts
Joined Aug 2011
JXN89Apr 08, 2024 06:17 PM
1,056 Posts
Quote from Zach.S :
I believe all the stuff at your home are made in China LMAO

A car is a different story bro. And no not all the stuff in my house are made in china. But feel free to be the first one to buy a Chinese car and write us a review
1
Apr 08, 2024 06:17 PM
29 Posts
Joined Nov 2011
mustang6xApr 08, 2024 06:17 PM
29 Posts
Quote from Masaike :
oh thank you. I did not realize "you can use your last year income or you can use expected income for 2024. No verification needed at the moment of purchase." will someone chase after you when they find out you do not actually qualify for the 7500 immediate discount?
You will have to put this information when you file your taxes, so IRS may chase after you 😁
Apr 08, 2024 06:18 PM
211 Posts
Joined May 2019
capon3Apr 08, 2024 06:18 PM
211 Posts
Quote from mattun :
The point was it's 53K for a stupid Honda Pilot. Everything is overpriced now.
And that's why you see 10x more Palisades and Tellurides on the road today. Hands down better suvs plus cheaper.
2
Apr 08, 2024 06:19 PM
1,124 Posts
Joined Jan 2006
jeffgeApr 08, 2024 06:19 PM
1,124 Posts
Was $35.995 last week after rebate for the long range Y, hopefully that deal comes back again. There's hundreds of these parked near my house waiting for a buyer so I would wait for a better deal if I was you
Apr 08, 2024 06:21 PM
1,195 Posts
Joined Oct 2013
MasaikeApr 08, 2024 06:21 PM
1,195 Posts
Quote from mustang6x :
You will have to put this information when you file your taxes, so IRS may chase after you 😁
Quote from mustang6x :
You will have to put this information when you file your taxes, so IRS may chase after you 😁
Quote from mustang6x :
You will have to put this information when you file your taxes, so IRS may chase after you 😁
thanks. I did not know that.
so what do you suggest? maybe I should wait to buy a used one, (hopefully used tesla price will further go down)?​

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Apr 08, 2024 06:22 PM
60 Posts
Joined Nov 2018
BraveGuide2493Apr 08, 2024 06:22 PM
60 Posts
Quote from sairamnvp :
Isn't the white included earlier? Now except for Grey every color is 1000 $ or more
Yes, Tesla's free color used to be white, and they changed it to gray. There are many white Tesla's on the road now, and there will be more gray cars in the road to balance them out. I wouldn't be surprised if years later the free color charges again.

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