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Canada $5000 federal incentive for Model Y?

Discussion in 'Model Y' started by OrthoSurg, Feb 3, 2021.

?

Do you think Tesla will release a 44,999$ 100 miles base Model Y like they did for the Model 3?

  1. Yes

    16 vote(s)
    35.6%
  2. No

    29 vote(s)
    64.4%
  1. Tesjass

    Tesjass Member

    Joined:
    Jan 17, 2021
    Messages:
    108
    Location:
    bolton
    The 30 day connectivity is strange .when I went to talk and test drove My they told me its 1 year .
     
    • Like x 1
  2. srlawren

    srlawren Member

    Joined:
    Aug 3, 2020
    Messages:
    339
    Location:
    Vancouver, BC, Canada, Eh?
    @Tesjass I'm not too sure, but to my eyes, this probably shouldn't be a major issue in choosing the SR over the LR AWD. Basically it adds 11 months @ 13.99+tax so about $154+tax to your purchase price to end up with that same 1 year of premium connectivity, while still saving many thousands of dollars on the SR between purchase price and luxury tax differences, and more still if rebates end up applying.
     
  3. salvadorK

    salvadorK New Member

    Joined:
    Feb 18, 2021
    Messages:
    1
    Location:
    Montreal
    Tesla just changed the price of the MY for the US, they lowered it by 2000 USD, hope this makes it to Canada. Will it make the car eligible for the 5K federal incentive?
     
    • Informative x 1
  4. Sirpal

    Sirpal Member

    Joined:
    Sep 20, 2020
    Messages:
    27
    Location:
    Montreal
    Just this price decrease would not make the car eligible for $5k federal incentive in Canada. To be eligible, the SR must be available for less than $45k and then all other trims of that model would also be available as long as they're less than $55k. By the way, the SR is already below $55k (before prep and delivery) and the reason why it's not eligible to the 5k incentive is because there is no trim of the same model below $45k.

    For the 7 seaters, the rules are similar but with different amounts. The 7 seaters needs to be available for less than $55k to be eligible.

    That being said, if the price of the 7 seaters drops by around $4k it would be eligible to the federal incentive. But IF they do so, they may reduce the 5 seaters price as well (which will still not be available for incentive unless they make another version for $45k).
     
    • Informative x 1
    • Like x 1
  5. OrthoSurg

    OrthoSurg Member

    Joined:
    Jun 2, 2017
    Messages:
    685
    Location:
    Montreal
    Yes, they need to make that 150 km sub 45k car happen again
     
  6. VTECMAN

    VTECMAN Member

    Joined:
    May 11, 2019
    Messages:
    9
    Location:
    Milton, ON
    Or they can go the other way and cancel the SR altogether.
     
  7. PearlShark

    PearlShark Member

    Joined:
    Oct 13, 2017
    Messages:
    140
    Location:
    Canada
    Tesla Exec: “That’s a great idea! Let’s do this. Update the website, right now!”
     
    • Funny x 4
  8. ElGringo

    ElGringo Member

    Joined:
    Feb 9, 2021
    Messages:
    15
    Location:
    Canada
    Tesla exec 2 days later: Stock price has fallen down 15% in 2 days ... put the MY SR back on the website ASAP to please customers and raise the price to please shareholders.
     
    • Funny x 1
  9. OrthoSurg

    OrthoSurg Member

    Joined:
    Jun 2, 2017
    Messages:
    685
    Location:
    Montreal
    Lol


    Risen up 700%
    Fallen 15%
    That’s a good average
     
  10. Y2021

    Y2021 New Member

    Joined:
    Wednesday
    Messages:
    1
    Location:
    Windsor
    Took delivery of my Model Y at tesla Kitchner, ON yesterday with new central console, heated steering wheel. This car build on February 7th, 2021 at Fremont California.
     
    • Like x 2
  11. alesgaroth

    alesgaroth Member

    Joined:
    Oct 9, 2019
    Messages:
    12
    Location:
    Waterloo, ON
    I'm saving up to buy a LR Y w/7 seats, but can't figure out from the website the final price. With the options I want I get $76,590.00, but what taxes are on that in Ontario? 13% vehicle transfer tax, but what luxury tax is there? What other fees and taxes that aren't mentioned on the website?
     
  12. wackojacko

    wackojacko Member

    Joined:
    May 17, 2018
    Messages:
    13
    Location:
    Toronto
    Ontario doesn't have a luxury tax. Adding 13% sales tax (don't know what a vehicle transfer tax as you said) will give you a close number. They include the OMVIC and licensing in the website price. If you finance there will be a $120ish charge.
     
  13. alesgaroth

    alesgaroth Member

    Joined:
    Oct 9, 2019
    Messages:
    12
    Location:
    Waterloo, ON
    Thanks for the response.

    Ah, right. In Ontario there's a 13% vehicle transfer tax for used privately sold cars. For new cars it's a 13% HST. Okay, if that's all I really need to add on, I might be able to afford it sooner rather than later.
     
    • Like x 1

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