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
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.
This collaborative space allows users to contribute additional information, tips, and insights to enhance the original deal post. Feel free to share your knowledge and help fellow shoppers make informed decisions.
Rebates depend on region. In California, discount is up to $7200 for RWD Y.
Last Updated by desi_babu_2010 on 04-06-2024 at 09:15 PM
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
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.
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.
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.
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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.
Why would you get a letter given the IRS explicitly says it doesn't work the way you suggest?
Did they, like you, also not read the actual IRS FAQ on this exact topic?
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from WiseCatfish661
:
Anyone knows how good is the latest FSD now?
How good in what context?
As an L2 ADAS it's excellent, far better than any other system offered here- in most cases it'll do 99% of the work of driving-- but it's not good enough to stop paying attention yet.
As an L2 ADAS it's excellent, far better than any other system offered here- in most cases it'll do 99% of the work of driving-- but it's not good enough to stop paying attention yet.
This good? Tesla settles case over fatal 2018 crash of an Apple engineer
I paid $51,000 for my 2022 Tesla Model Y that now has a dead battery and Tesla wouldn't warranty it. Wanted to charge me 18k for a refurbished replacement battery. So it just sits while I pay $800 a month. I'm trying to find a wrecked Tesla with a good enough battery to swap with. Then trade or get rid of it. Worst car ever. π
It's a nonrefundable credit. Does he have at least $7500 tax liability?
Curious how this works. If you typically declare enough so you get a refund each year (which is not really a refund, you just over paid) then this doesn't apply? this only counts if you actually owe money? (like if you put down 10 dependants or something so you owed at least $7500 at the end of the year)?
This good? Tesla settles case over fatal 2018 crash of an Apple engineer
Sure?
That was a now-ancient version of autopilot, in use by a guy who was playing video games on is phone rather than noticing his car driving toward a highway barrier that had gone previously unrepaired for a good while before the car hit it.... so not really relevant to... anything?
That was a now-ancient version of autopilot, in use by a guy who was playing video games on is phone rather than noticing his car driving toward a highway barrier that had gone previously unrepaired for a good while before the car hit it.... so not really relevant to... anything?
Why settle then?
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Ehhhh. I'm inclined to agree, with a caveat that the Corolla is death by a thousand cuts which is why it's "economical" to keep it going.
I'd need to probably spend around 100% (or more) of the Corolla's value over that "maximum" ownership period. If you perform all the necessary maintenance - it could indeed last hundreds of thousands of miles.
The difference is that while the Toyota has predictable (and honestly, expensive) maintenance schedules - the Tesla (generally speaking) does not. Thus the cost of ownership looks very different over the same ownership period/mileage.
At 150,000 miles, both cars may run into issues. The probability is that the Tesla's could be expensive (high voltage battery, drive motor, suspension linkages, etc) - while the Toyota's would likely be less-so (alternator, belts, etc). The difference is that you will have probably already spent $10K in maintenance on the Corolla by that point.
In such a hypothetical - the Tesla might not be economical to repair (relative to it's value at that point) - whereas the Corolla fits into a sunk cost fallacy where throwing another $600-$1200 at it makes more sense than buying a new car.
I just got rid of my Tesla last month (2019 M3LR). The depreciation was going down thousands per month. Luckily I didn't take a total bath, and replaced it with a Lexus ES. Very happy and the dealer put together a slammin package that I am paying less per month. ALSO my car insurance went down $300 a year.
I still have 2 plugins but until EV can stabilize price wise and cold weather range I am going to hold off on getting a new one. Now my Tesla was old skool no heat pump but my cousin has a 2023 and while the heat pump is better it still sucks in the winter.
In any case outside of the $8000 in warranty repairs it was good after the first year except the paint was atrocious and so was the panel alignment.
I paid $51,000 for my 2022 Tesla Model Y that now has a dead battery and Tesla wouldn't warranty it. Wanted to charge me 18k for a refurbished replacement battery. So it just sits while I pay $800 a month. I'm trying to find a wrecked Tesla with a good enough battery to swap with. Then trade or get rid of it. Worst car ever. π
why isn't it covered under the four year warranty?
I paid $51,000 for my 2022 Tesla Model Y that now has a dead battery and Tesla wouldn't warranty it. Wanted to charge me 18k for a refurbished replacement battery. So it just sits while I pay $800 a month. I'm trying to find a wrecked Tesla with a good enough battery to swap with. Then trade or get rid of it. Worst car ever. π
I paid $51,000 for my 2022 Tesla Model Y that now has a dead battery and Tesla wouldn't warranty it. Wanted to charge me 18k for a refurbished replacement battery. So it just sits while I pay $800 a month. I'm trying to find a wrecked Tesla with a good enough battery to swap with. Then trade or get rid of it. Worst car ever. π
Did they say the battery was physically damaged? Why wouldn't it be warrantied? Isn't it 8 years/100k miles warranty?
Because often some token payment is cheaper than a protracted court case and rolling the dice on a jury ignoring the facts of a case to "punish" a company?
I paid $51,000 for my 2022 Tesla Model Y that now has a dead battery and Tesla wouldn't warranty it. Wanted to charge me 18k for a refurbished replacement battery. So it just sits while I pay $800 a month. I'm trying to find a wrecked Tesla with a good enough battery to swap with. Then trade or get rid of it. Worst car ever. π
I don't understand how Tesla doesn't warrantee your car. It's clearly under the warrantee window, unless it's high milage or something.
There's several independent shops out there that can take out your battery tray and find out which battery cell(s) needs to be replaced. Should save you thousands.
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I paid $51,000 for my 2022 Tesla Model Y that now has a dead battery and Tesla wouldn't warranty it. Wanted to charge me 18k for a refurbished replacement battery. So it just sits while I pay $800 a month. I'm trying to find a wrecked Tesla with a good enough battery to swap with. Then trade or get rid of it. Worst car ever. π
A 2022 model y should still have warranty coverage for the battery. What was the reason for an 18k battery replacement?
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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.
1,479 Comments
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Did they, like you, also not read the actual IRS FAQ on this exact topic?
As an L2 ADAS it's excellent, far better than any other system offered here- in most cases it'll do 99% of the work of driving-- but it's not good enough to stop paying attention yet.
How good in what context?
As an L2 ADAS it's excellent, far better than any other system offered here- in most cases it'll do 99% of the work of driving-- but it's not good enough to stop paying attention yet.
Sure?
That was a now-ancient version of autopilot, in use by a guy who was playing video games on is phone rather than noticing his car driving toward a highway barrier that had gone previously unrepaired for a good while before the car hit it.... so not really relevant to... anything?
That was a now-ancient version of autopilot, in use by a guy who was playing video games on is phone rather than noticing his car driving toward a highway barrier that had gone previously unrepaired for a good while before the car hit it.... so not really relevant to... anything?
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How do you think that cost will hold up in resell value 10 years from now?
I'd need to probably spend around 100% (or more) of the Corolla's value over that "maximum" ownership period. If you perform all the necessary maintenance - it could indeed last hundreds of thousands of miles.
The difference is that while the Toyota has predictable (and honestly, expensive) maintenance schedules - the Tesla (generally speaking) does not. Thus the cost of ownership looks very different over the same ownership period/mileage.
At 150,000 miles, both cars may run into issues. The probability is that the Tesla's could be expensive (high voltage battery, drive motor, suspension linkages, etc) - while the Toyota's would likely be less-so (alternator, belts, etc). The difference is that you will have probably already spent $10K in maintenance on the Corolla by that point.
In such a hypothetical - the Tesla might not be economical to repair (relative to it's value at that point) - whereas the Corolla fits into a sunk cost fallacy where throwing another $600-$1200 at it makes more sense than buying a new car.
I still have 2 plugins but until EV can stabilize price wise and cold weather range I am going to hold off on getting a new one. Now my Tesla was old skool no heat pump but my cousin has a 2023 and while the heat pump is better it still sucks in the winter.
In any case outside of the $8000 in warranty repairs it was good after the first year except the paint was atrocious and so was the panel alignment.
There's several independent shops out there that can take out your battery tray and find out which battery cell(s) needs to be replaced. Should save you thousands.
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