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expiredxTorquEx posted Apr 05, 2024 05:46 PM
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 1,006,352 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 09, 2024 06:20 PM
2,410 Posts
Joined Sep 2006
robertw477Apr 09, 2024 06:20 PM
2,410 Posts
Quote from Kamyl :
It's a 5-star rated car. The facts are better than your politics. Try reality ifpossible
I dont have a Tesla so I state that up front. Prices will go lower this yr. They are stuck. Second check the Reddit board of Tesla owners. Search for Tesla customer service. Its legendary. People who like the car report the service issues. So arguments over the car itself are? Buit when you buy a Tesla you rely on them for service. I am not just talking about the high costs of various repairs. The service itself. That and higher insurance. I am not a car guy. I buy/lease what works for me and I had alot of brands. These are some reasons I avoided Tesla at higher prices, but witrh the 7500/tax break. I dont drive alot so and EV can work perfectly.
1
Apr 09, 2024 06:32 PM
334 Posts
Joined Jun 2015
ChlamberApr 09, 2024 06:32 PM
334 Posts
Quote from chasemyaccord :
Last couple times I took my MIL's Model 3 with LFP battery to our local supercharger (which is 250kW), I never hit more than 125kW (granted one time was with a cold battery). Both times I was around 30% or below. I took our Y LR there a few times too and I don't ever remember getting anywhere near peak. I've had similar experiences in Vegas and Baker as well.

You're right, I forgot V3 doesn't power share but it certainly doesn't feel like it.
A LFP model 3 is limited to around 170kw max at superchargers, just like it's limited to 32amps on a level 2 charger. It's part of the trade offs of LFP. The lower in charge you are the greater your max allowable charge will be up to 170kw on a SC.
Apr 09, 2024 06:34 PM
15,359 Posts
Joined Sep 2009
KnightshadeApr 09, 2024 06:34 PM
15,359 Posts
Quote from chasemyaccord :
Last couple times I took my MIL's Model 3 with LFP battery to our local supercharger (which is 250kW), I never hit more than 125kW (granted one time was with a cold battery).

FWIW, LFP Model3s have a lower max charge rate than the non-LFP cars- 170kw instead of 250kw
Apr 09, 2024 06:36 PM
1,284 Posts
Joined Dec 2015
FishKillaApr 09, 2024 06:36 PM
1,284 Posts
Quote from Kamyl :
How come we get clown posts like? You don't even own one.

I'm not sure why you think someone has to own one to see the panel gaps and poor fit and finish.

Teslas are no secret society. By now most people have been in contact with one through friends and family, or employment or other means. Easy to see the flaws.

I mean what other manufacturer has a checklist out there to take with you to make sure you find all of the defects? wootwoot
1
Apr 09, 2024 06:43 PM
2,773 Posts
Joined Apr 2007
chasemyaccordApr 09, 2024 06:43 PM
2,773 Posts
Quote from Knightshade :
FWIW, LFP Model3s have a lower max charge rate than the non-LFP cars- 170kw instead of 250kw
Right. But I'm still not getting close to that either. I just know I've never hit more than 500 mph (125ish kW) charging the LFP 3 at my local 250kW section. More often than not it's around 300 mph. I'll take a video next time I go there with a low charge state and warm battery.
Apr 09, 2024 06:43 PM
2,619 Posts
Joined Jul 2016
Meribela_SApr 09, 2024 06:43 PM
2,619 Posts
Quote from FishKilla :
I'm not sure why you think someone has to own one to see the panel gaps and poor fit and finish.

Teslas are no secret society. By now most people have been in contact with one through friends and family, or employment or other means. Easy to see the flaws.

I mean what other manufacturer has a checklist out there to take with you to make sure you find all of the defects?
maybe fisker at this point in time but still you're spot on lol
Apr 09, 2024 06:58 PM
323 Posts
Joined Aug 2006
godzenApr 09, 2024 06:58 PM
323 Posts
Just picked up a long range 7 seater white on white for $47k out the door including taxes and all. Cannot be beat. Even something like a Honda compact suv Will cost more than this out the door

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Apr 09, 2024 07:03 PM
6,188 Posts
Joined May 2009
SkyKing02Apr 09, 2024 07:03 PM
6,188 Posts
Quote from godzen :
Just picked up a long range 7 seater white on white for $47k out the door including taxes and all. Cannot be beat. Even something like a Honda compact suv Will cost more than this out the door

then it's $40k after $7500 tax credit if you qualify for it?
Apr 09, 2024 07:24 PM
1,656 Posts
Joined Jul 2015
baller11111Apr 09, 2024 07:24 PM
1,656 Posts
wait till end of june if you can...tlsa sales are way down...elon will be slashing prices to get sales number up for the qtr. once the fake robo taxi pump goes away the stock will plummet and elon will be desperate again, then more price cuts
Apr 09, 2024 07:41 PM
7 Posts
Joined Apr 2013
silverlineApr 09, 2024 07:41 PM
7 Posts
Quote from kneeldug :
I've been shopping these for a week very seriously and I'm a little disappointed that they're $1,000 more then they were just a week ago. There are a few fewer spiffs on it now as well. I sure wish this had Android auto instead of requiring a stupid package at $100 subscription a year to have some Tesla OS features unlocked like being able to see traffic on a map. Still, it appears to be the best deal around for a good EV. I sure wish Hyundai qualified for the $7500 off on purchases!
Per past records, you should have shopped at the end of quarter except January which they clean up last year inventory. So next best price around should be the end of June.
For the traffic, note that after the premium connectivity trial you have eight years of standard connectivity which just does not show the color (congested areas), but still calculate you the best/fastest route. That's not bad and you would get used to it.
For Hyundai, they provide the $7500 off as "bonus cash", I tried to buy one in March but working with dealership wasn't easy. They sneaked in thousands of charges and did not honor internet prices. And mind you their battery replacement could be very expensive.
Apr 09, 2024 07:41 PM
384 Posts
Joined Dec 2009
CrisisDocApr 09, 2024 07:41 PM
384 Posts
Quote from cheapodeal :
Thanks. He doesn't have that much income/liability.
Then why does he need a $40K car?
Apr 09, 2024 07:42 PM
657 Posts
Joined Dec 2006
vagrant10Apr 09, 2024 07:42 PM
657 Posts
Quote from fred4358 :
Ok so I never was really interested in EV until recently I rented the Y for next to nothing from Hertz... And surprisingly I really like it. Serious question though... If Tesla actually went out of business would that effectively end the use of the car? No security or safety updates, unsupported software, etc. Also can anyone ballpark a price for installing the fastest charger in a residential garage? TIA
Tesla has 39 billion in the bank and are profitable. There are many markets like India that Tesla is just starting to sell into. They have the best selling car in the world which is also the best selling non-fleet non-pickup truck in the USA (model Y). The electric vehicle market is growing at 25+% a year, so opportunity for more sales, even with more competition is there.

Honestly, I'd put the chances of Nissan, Mazda, and GM going out of business a lot higher than Tesla. They are not looking to the future and have been hammered in China where a lot of their profits were coming from. Now they have to rely on US discounted fleet sales and everyone knows those margins are very bad.
3
Apr 09, 2024 07:48 PM
509 Posts
Joined Apr 2004
collegeBoredApr 09, 2024 07:48 PM
509 Posts
Quote from Kamyl :
It's a 5-star rated car. The facts are better than your politics. Try reality ifpossible
for how long? have you noticed you see no old teslas on the road?
im sure its a great car if you lease it for couple years and get rid of it, easy to ignore all the bullshit problems before they come up.

while the hype was high, at least you could pull a resale value argument. now even that's gone when the manufacturer cuts prices and farks over everyone who still has faith in the company while delivering a worse and worse quality vehicles.

tesla fans are the new apple fans. ignore, deflect, excuse every lie, manufacturing defects, unsubstantiated costs, anti-consumer practices the company pulls because you cant admit that their marketing owned you.
4
Apr 09, 2024 07:56 PM
530 Posts
Joined Mar 2007
kipper99Apr 09, 2024 07:56 PM
530 Posts
Quote from silverline :
Per past records, you should have shopped at the end of quarter except January which they clean up last year inventory. So next best price around should be the end of June.
For the traffic, note that after the premium connectivity trial you have eight years of standard connectivity which just does not show the color (congested areas), but still calculate you the best/fastest route. That's not bad and you would get used to it.
For Hyundai, they provide the $7500 off as "bonus cash", I tried to buy one in March but working with dealership wasn't easy. They sneaked in thousands of charges and did not honor internet prices. And mind you their battery replacement could be very expensive.
Bonus cash is still there till April 30, I normally send an email and asking for OTD price.
Also, Ionic 5 and 6 should be started producing in Georgia in October that may qualify them for tax credit
Last edited by kipper99 April 9, 2024 at 01:59 PM.

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Apr 09, 2024 07:59 PM
2,542 Posts
Joined Apr 2008
cheapodealApr 09, 2024 07:59 PM
2,542 Posts
Quote from CrisisDoc :
Then why does he need a $40K car?
I need the car. But I don't qualify for the tax incentive.

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