expiredxTorquEx posted Apr 05, 2024 05:46 PM
Item 1 of 2
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
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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:
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.
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:
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.
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Top Comments
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.
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1. Reliability
2. Cost of Repair
3. Depreciation
What are y'all's thoughts on this?
1. Reliability
2. Cost of Repair
3. Depreciation
What are y'all's thoughts on this?
In terms of cost of repairs, there has been almost none, except for a skidplate / cover thing that broken when my wife went into a low drive way too fast. The part was like almost $300 and free installation. This model older needs air conditioning system cleaned and filter changed and did that twice and that's cheap. A 12v battery needed replacement and that was low cost and free install. Tesla's service dept. has been excellent. This Model 3 has been way cheaper than even my past Honda Civic natural gas car that started having problems like A/C, transmission and other problems at 125k miles.
The reliability has been excellent. No break downs, no being towed off the freeways or anything like that. If you drive fast, the tires will wear down prematurely and I've replaced 2 sets of tires in 5 years. I charge the Tesla's at home and I'd say they're about $80 a month. If you have solar, it's going to be super cheap to recharge at home.
Overall, the cars are very fast reliable and probably the safest cars on the road with getting the highest crash test ratings. I think the reliability and safety is why I bought a 2nd Tesla. I hope this helps and I recommend setting up a test drive. Good luck!
In terms of cost of repairs, there has been almost none, except for a skidplate / cover thing that broken when my wife went into a low drive way too fast. The part was like almost $300 and free installation. This model older needs air conditioning system cleaned and filter changed and did that twice and that's cheap. A 12v battery needed replacement and that was low cost and free install. Tesla's service dept. has been excellent. This Model 3 has been way cheaper than even my past Honda Civic natural gas car that started having problems like A/C, transmission and other problems at 125k miles.
The reliability has been excellent. No break downs, no being towed off the freeways or anything like that. If you drive fast, the tires will wear down prematurely and I've replaced 2 sets of tires in 5 years. I charge the Tesla's at home and I'd say they're about $80 a month. If you have solar, it's going to be super cheap to recharge at home.
Overall, the cars are very fast reliable and probably the safest cars on the road with getting the highest crash test ratings. I think the reliability and safety is why I bought a 2nd Tesla. I hope this helps and I recommend setting up a test drive. Good luck!
PHV recognizes that most people only drive short distances and that paying for a huge battery for the rare 100+ mile journeys isn't logical right now. I'm sure there are some people who regularly take advantage of the range, but for most people, it's like a family of 3 owning a 6 bedroom house so they can host people at Christmastime.
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PHV recognizes that most people only drive short distances and that paying for a huge battery for the rare 100+ mile journeys isn't logical right now. I'm sure there are some people who regularly take advantage of the range, but for most people, it's like a family of 3 owning a 6 bedroom house so they can host people at Christmastime.
That is a terrible advice to give. Imagine getting the letter from the IRS 5 years from now, telling you you owe $15K for tax, penalty, and interest.
What's withheld from your check has zero to due with tax liability - that's the amount of tax you are liable for at the end of the year, based on your income, deductions, etc, regardless of if you are getting a refund or have to write the IRS a check. Nonrefundable tax credits (all of them) do not pay you back in excess of your tax liability.
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