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2024 Tesla Model Y + $7,500 Federal Tax Credit Expired
$40490
$44,990.00
(For Qualified Buyers)
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
Original Post
Written by
Edited April 5, 2024
at 11:26 AM
https://www.tesla.com/inventory/new/my
Tesla is attempting to clear out inventory on existing Model Y. With the instant $7,500 tax credit, this is an up to $12,500 discount on a new Model Y.
Prices seem to be as follows: After the $7,500 credit and new discount, the Model Y RWD starts at $33,890, the Long Range at $37,490, and the range-topping Model Y Performance at $40,690.
Tesla is attempting to clear out inventory on existing Model Y. With the instant $7,500 tax credit, this is an up to $12,500 discount on a new Model Y.
Prices seem to be as follows: After the $7,500 credit and new discount, the Model Y RWD starts at $33,890, the Long Range at $37,490, and the range-topping Model Y Performance at $40,690.
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Last Edited by desi_babu_2010
April 6, 2024
at
08:15 PM
Rebates depend on region. In California, discount is up to $7200 for RWD Y.
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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.
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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.
A 2022 model y should still have warranty coverage for the battery. What was the reason for an 18k battery replacement?
It has nothing to do with if you get a refund or owe at the end of the year. It's a non-refundable credit, meaning if you owe little in tax it can reduce your tax to 0, but not below. A refundable credit means it can reduce your total taxes to negative. Once you total up how much tax you owe, and subtract the taxes that have been withheld, you have your total refund or owing amount. They're related, but different.
Why do you keep ignoring the many times the IRS has been directly cited proving you get to keep the $7500 credit regardless of tax liability and instead cite to 3rd party links?
The IRS explicitly says if you take the POS credit they will not clawback any difference if your actual liability is less than the value of the credit.
"The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years."
where does it say on their site otherwise?
While owed and liability are different- neither has anything to do with the $7500 tax credit.
You can get the full $7500 at point of sale regardless of either liabiity or what you owe end of year.
As has been explained repeatedly, with links to the IRS confirming it. Including 2-3 times today alone
How do people keep getting this wrong?
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"The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years."
where does it say on their site otherwise?
Right here.
https://www.irs.gov/newsroom/topi...les-credit
Question 4.
As already posted mutliple times today alone.
Holy cow why does nobody on here read existing posts before spamming misinformation to the thread?
It's documented (Q4). https://www.irs.gov/newsroom/topi...les-credit
Greater than 120,000 miles in two years?!
Holy crap that's a ton of driving. Did you supercharge frequently? I ask because that amount of frequent, what I would presume daily if not multiple times a day, supercharging would take a toll on a battery. I would have gone with a lithium iron phosphate battery tech if I was putting that kind of mileage but man that's a lot of driving.
I can see writing off a car if its got at least 200,000 miles on it. But a new engine on an ICE car runs around $6000. Sucks for the battery to cost so much more.
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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.
But I would tell everyone to avoid any of their cars from the first year of model production. Model 3 and Y took about a year to really reach "acceptable" / "design complete" - same can be said about the Cybertrucks people are getting today.
That said - these cars, with incentives and our driving habits - made perfect sense. They've both proven to be very well made cars, with no panel gap issues to speak of.
However everyone I've known with a 2018/2019 Model 3 or 2020 Model Y has talked about the thousands of dollars of "Free" warranty work their cars received to reconcile issues due to immature/incomplete design decisions.