Bad time to buy?

[jayely1]

Living in IL we have a small window to buy to get a 4k credit.. This is my 2nd MY and I love it.. But If I can get a new one with the 4680 battery that would be nice.. But then I saw this Tesla 4680 vs 2170 battery cell test reveals lower energy density in the Texas-made Model Y

So are the old batteries better?? Worth waiting a year or 2?? Any ideas or insight would be great. Thanks!

 

[ord3r]

2023 will probably be a big year for autopilot updates. You probably won't see meaningful battery updates until 2024.

CyberTruck also supposed to be releasing 2023, which may suck up most of Tesla's engineering attention, potentially delaying planned 3/Y updates.

But really, noone knows. If you value increased range/battery check no harm in just waiting and seeing what comes down the pipe of the next few years. But not a bad move to buy the car now either.

 

[Art84]

There always be a better tesla. You can wait forever like that.
Just get it and enjoy the car.

Talking about 4680 - it does not look like it will have any significant range improvements. It's mostly improvements for Tesla's business - cheaper manufacturing cost and as result improved profit margin. So you as an end user will not feel the difference. Maybe those batteries will last longer, but I doubt you will keep this vehicle for more than 5-8 years...

 

[cdub]

There always be a better tesla. You can wait forever like that.
Just get it and enjoy the car.

Talking about 4680 - it does not look like it will have any significant range improvements. It's mostly improvements for Tesla's business - cheaper manufacturing cost and as result improved profit margin. So you as an end user will not feel the difference. Maybe those batteries will last longer, but I doubt you will keep this vehicle for more than 5-8 years...

Speaking of which. I find it amazing that you can't officially buy a 4680 Y yet on the website.

 

[Art84]

Speaking of which. I find it amazing that you can't officially buy a 4680 Y yet on the website.

Right.. this trim is/was randomly offered only to customers not far from the Austin factory.
I had this offer from Tesla, but declined and got a delivery of a regular Long Range model instead of 4680 aka "Standard Range" model. 50 miles of range difference is more important for me than the battery type.

 

[cdub]

They're building a bunch of the 4680 Ys... Where are they going? Why can't you order one?

 

[Art84]

They're building a bunch of the 4680 Ys... Where are they going? Why can't you order one?

They probably don't/can't produce "a bunch" so do not add to the price list as probably will not be able to keep up with the demand. So they quietly offer those options to the customers who ordered Model Y and waiting for the delivery

 

[jayely1]

So if I order another performance, it wont have the 4680?? And if it does, there's no improvement in any aspect??

 

[cdub]

So if I order another performance, it wont have the 4680?? And if it does, there's no improvement in any aspect??

Currently only off menu standard range is using 4680

 

[bradtem]

Well, in theory the $7500 credit comes back in January. However, Tesla may also raise prices when it comes back -- they dropped them when it went away. So you have many things to juggle. However since I think the credit is based on delivery, it might be possible to order now, get delivery next year, pay this year's price and get next year's credit. I presume there is a thread about this somewhere.

 

[jayely1]

Well, in theory the $7500 credit comes back in January. However, Tesla may also raise prices when it comes back -- they dropped them when it went away. So you have many things to juggle. However since I think the credit is based on delivery, it might be possible to order now, get delivery next year, pay this year's price and get next year's credit. I presume there is a thread about this somewhere.

Are you referring too Cali or IL? Assuming CA since it's only 4k here and I haven't seen anything on 2023.

 

[bradtem]

The federal $7500 tax credit was removed from Teslas in 2019. A new law restores it in 2023 to North American made cars with sufficient battery material not from China. Tesla is reported to be one of the cars that will qualify

 

[jayely1]

I forgot about that one, I wonder if you can get both in IL then.. hmm.

 

[jayely1]

Soo I talked to my tax guy and he wasn't sure If I could get $4500 from IL and $7500 from the Gov. He said ask the dealer... So I called the dealer, they didn't know and said ask my accountant.. So no one knows.. Anyone have a clue?

 

[Art84]

It's a lot of unknowns.. it's even not 100% confirmed that Model Y will be qualified for the $7500, there are just speculations and opinions about that.

 

[jayely1]

Here's every electric vehicle that qualifies for the current and upcoming US federal tax credit

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax...

electrek.co

 

[jayely1]

Anyone from IL in here know about getting both the federal and state credits?

 

[Yelobird]

Anyone from IL in here know about getting both the federal and state credits?

Not certain but to my understanding the IL rebate is a 22 rebate and the federal is a 23 start. Regardless I’m fairly certain you can’t double down.

 

[bradtem]

Not certain but to my understanding the IL rebate is a 22 rebate and the federal is a 23 start. Regardless I’m fairly certain you can’t double down.

Can you even order a car with a 2022 delivery now, other than an in-inventory prebuilt?

 

[Yelobird]

Can you even order a car with a 2022 delivery now, other than an in-inventory prebuilt?

The IL rebate was all 22. He is asking cause he is getting his delivery soon I assume.