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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 08, 2024 06:24 PM
38 Posts
Joined Jun 2020
sChAdOwApr 08, 2024 06:24 PM
38 Posts
I got 03/31 with 40.000$ all include for long range 2024, Car is cool. Now 1000$ more around 41.000$
Apr 08, 2024 06:27 PM
15,359 Posts
Joined Sep 2009
KnightshadeApr 08, 2024 06:27 PM
15,359 Posts
Quote from lilvlovechicken :
I can fit 7 people in the pilot mate. And it's actually reliable and doesn't try to kill you.

Teslas are literally the safest cars on the road, with the lowest chance of occupant injury of any vehicles ever tested by NHTSA.

Further, accident rates using their ADAS systems are much lower than the US fleet in general.



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?
If your income is too high to have qualified for a $7500 POS credit but you took the credit anyway you'll need to write the IRS a check for $7500 (plus potentially interest/penalities)
Apr 08, 2024 06:27 PM
2,048 Posts
Joined Nov 2004
cappuccinomanApr 08, 2024 06:27 PM
2,048 Posts
Quote from capon3 :
And that's why you see 10x more Palisades and Tellurides on the road today. Hands down better suvs plus cheaper.
You are so right about Palisades and Tellurides. They are at least reasonable in price. Look at Chevy Tahoe. Damn thing is $70k. So damn stupid
1
Apr 08, 2024 06:28 PM
370 Posts
Joined Jun 2004

This comment has been rated as unhelpful by Slickdeals users.

Apr 08, 2024 06:28 PM
2,241 Posts
Joined Jun 2013
koge811Apr 08, 2024 06:28 PM
2,241 Posts
With auto market like this need to be at 5-10% margins max not 20+30%. Sorry
Apr 08, 2024 06:28 PM
45 Posts
Joined Jul 2016
FidozApr 08, 2024 06:28 PM
45 Posts
Wait until it's $35k then $7.5k incentive! .. Tesla will continue racking up supply and drop prices
Apr 08, 2024 06:32 PM
2,233 Posts
Joined Nov 2014
TurtlePerson2Apr 08, 2024 06:32 PM
2,233 Posts
Quote from abstraxion :
Still happy about my $29k (post tax credit, no sales tax state) Model 3 RWD purchase in Dec 2023. It feels like a sports car to me and it costs about the same as a Corolla.
That's a slick deal. The sales tax alone is a pretty good deal on a car. Here in Colorado, your car registration is based on the price you pay for the car new, so you'd continue getting a bit more savings for years.

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Apr 08, 2024 06:32 PM
104 Posts
Joined Apr 2013
StevenR1200Apr 08, 2024 06:32 PM
104 Posts
But it's so ugly.
Mind you not as ugly as that truck effort.
4
Apr 08, 2024 06:33 PM
1,284 Posts
Joined Dec 2015

This comment has been rated as unhelpful by Slickdeals users.

Apr 08, 2024 06:36 PM
136 Posts
Joined May 2011
Love_ArtApr 08, 2024 06:36 PM
136 Posts
Quote from Plasma99 :
Who's buying Teslas these days? Anytime I see one I assume they either bought it years ago, or they're a trumper.
Lots of Tesla on the highway with Temporary Tag on these days.
What is your point and prove?
Apr 08, 2024 06:37 PM
131 Posts
Joined Sep 2009
vincemo22Apr 08, 2024 06:37 PM
131 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.
I'm confused on one thing. It's stated that the rebate only covers what you owe up to $7,500. If you are purchasing the car based on this years taxes, which aren't filed yet, and receive $7,500 from Tesla, will you owe back the amount that wasn't used assuming you owe taxes?
Apr 08, 2024 06:39 PM
10 Posts
Joined Nov 2018

This comment has been rated as unhelpful by Slickdeals users.

Apr 08, 2024 06:41 PM
211 Posts
Joined May 2019
capon3Apr 08, 2024 06:41 PM
211 Posts
Quote from cappuccinoman :
You are so right about Palisades and Tellurides. They are at least reasonable in price. Look at Chevy Tahoe. Damn thing is $70k. So damn stupid
Yea exactly. Then look at any top 10 suv list. Both are at the top usually. South Korea has been killing it lately with those brands.
1
Apr 08, 2024 06:41 PM
4,550 Posts
Joined Feb 2010
Splash15Apr 08, 2024 06:41 PM
4,550 Posts
Quote from MasYosi77 :
Lease is the way to go with Tesla. No need to keep the car and buy replacement batteries 5 years later.
? Looking at my family's 2016 X and hasn't needed a replacement yet.
1

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Apr 08, 2024 06:44 PM
2,416 Posts
Joined Jan 2013
tonkotsuApr 08, 2024 06:44 PM
2,416 Posts
Quote from harisahmed90 :
Agree. I have 3 ice cars and one Tesla.
Cannot beat the tesla as a daily driver. I love messing with last minute mergers in Tesla. you are pretty much faster than everyone around you
i switch between a MYLR, honda civic, and honda accord.. and have no issue merging with any of them

if you aren't able to merge properly without a car that goes 0-60 in under 5 seconds, then it's a skill issue
2

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