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expiredxTorquEx posted Apr 5, 2024 5:46 PM

2024 Tesla Model Y + $7,500 Federal Tax Credit

$40,490

$44,990

10% off
(For Qualified Buyers)
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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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1.5K Comments

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Apr 8, 2024 6:24 PM
38 Comments
Joined Jun 2020
sChAdOwApr 8, 2024 6:24 PM
38 Comments
I got 03/31 with 40.000$ all include for long range 2024, Car is cool. Now 1000$ more around 41.000$
Apr 8, 2024 6:27 PM
15.4K Comments
Joined Sep 2009
KnightshadeApr 8, 2024 6:27 PM
15.4K Comments
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 8, 2024 6:27 PM
2.1K Comments
Joined Nov 2004
cappuccinomanApr 8, 2024 6:27 PM
2.1K Comments
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 8, 2024 6:28 PM
371 Comments
Joined Jun 2004

This comment has been rated as unhelpful by Slickdeals users.

Apr 8, 2024 6:28 PM
2.5K Comments
Joined Jun 2013
koge811Apr 8, 2024 6:28 PM
2.5K Comments
With auto market like this need to be at 5-10% margins max not 20+30%. Sorry
Apr 8, 2024 6:28 PM
45 Comments
Joined Jul 2016
FidozApr 8, 2024 6:28 PM
45 Comments
Wait until it's $35k then $7.5k incentive! .. Tesla will continue racking up supply and drop prices
Apr 8, 2024 6:32 PM
2.3K Comments
Joined Nov 2014
TurtlePerson2Apr 8, 2024 6:32 PM
2.3K Comments
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 8, 2024 6:32 PM
115 Comments
Joined Apr 2013
StevenR1200Apr 8, 2024 6:32 PM
115 Comments
But it's so ugly.
Mind you not as ugly as that truck effort.
4
Apr 8, 2024 6:33 PM
1.3K Comments
Joined Dec 2015

This comment has been rated as unhelpful by Slickdeals users.

Apr 8, 2024 6:36 PM
169 Comments
Joined May 2011
Love_ArtApr 8, 2024 6:36 PM
169 Comments
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 8, 2024 6:37 PM
131 Comments
Joined Sep 2009
vincemo22Apr 8, 2024 6:37 PM
131 Comments
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 8, 2024 6:39 PM
10 Comments
Joined Nov 2018

This comment has been rated as unhelpful by Slickdeals users.

Apr 8, 2024 6:41 PM
211 Comments
Joined May 2019
capon3Apr 8, 2024 6:41 PM
211 Comments
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 8, 2024 6:41 PM
4.7K Comments
Joined Feb 2010
Splash15Apr 8, 2024 6:41 PM
4.7K Comments
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 8, 2024 6:44 PM
2.6K Comments
Joined Jan 2013
tonkotsuApr 8, 2024 6:44 PM
2.6K Comments
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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