-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Discussion: Model 3 Price reductions - Jan / April / Oct 2023 and all other pricing discussions
- Thread starter mpgxsvcd
- Start date
$43,400 for the cheapest AWD model 3 now. In my state (NY) that means $8000 including the $500 state rebate (its msrp is too high for full $2k credit), so you're looking at $35,500 for an awd model 3. Really a bonkers low price in this car market. The standard range is still looking to be $39k before $9500 off (state+fed), so $29,500.
We got our standard for $38k before credits in july but had the AWD been this price we would have gone for it instead. I have to admit I'm starting to consider trading in our 2022 rav4 hybrid for a model y before end of year. Toyota has become a cult such that resale on these cars is absolutely absurd. We just had our name after 12 months come up on a rav4 prime, but they want $52k for an almost-loaded prime. I can nab a Y after tax credits for a touch over $40k.
We got our standard for $38k before credits in july but had the AWD been this price we would have gone for it instead. I have to admit I'm starting to consider trading in our 2022 rav4 hybrid for a model y before end of year. Toyota has become a cult such that resale on these cars is absolutely absurd. We just had our name after 12 months come up on a rav4 prime, but they want $52k for an almost-loaded prime. I can nab a Y after tax credits for a touch over $40k.
BioSci
Member
I've been driving a 2020 MS for 3 years now, still loving it. Just a few months ago, my wife bought a new Subaru Crosstrek, but wasn't loving it. So today she test drove a M3 and ordered one on the spot. Here's where it gets good. We found just what we wanted in inventory, in blue, available in one week. Because it's an inventory car, they took off $2,470. Because we live in Massachusetts, the State gives us an instant tax rebate of $3,500 (which comes off the price of the car at purchase). The Feds will give us $7,500 EV tax credit, bringing the total discount to $13,470 and the purchase price down to $27,770. Tesla offered $23700 for my wife's Subie, so she'll get a new M3 for less than $7K out the door, all fees included (although we'll have to front Tesla the $7,500 EV tax credit and get it back next April). Delivery is in about 10 days.
Great way to continue sustainable transportation for all. My wife loves our 3, and we used to have a Subaru. She likes the ease of use and size as she runs errands and kids all over.
What a deal for a great car that could last a long time. Especially in these times with costs rising.
What a deal for a great car that could last a long time. Especially in these times with costs rising.
BioSci
Member
We carry that one further - I don't buy electricity to charge my Tesla - I have 11KW of Tesla solar panels on the roof!
king.cong.1119
Member
Nice. I made the switch over the weekend. Sold my 22 prius prime for 30k. 7500 tax credit. 37500. Got my M3LR for 10k inclding taxes. Huge upgrade from my prius. And i get free charging at work!
BioSci
Member
Yep. Along with the Federal tax credit (which is non-refundable), you can get a discount of $11K on an M3 - in addition to whatever 'price adjustment' Tesla may dole out.
We also got a $500 referral credit, so we get a total discount of $13,970 (!) Delivery is in 5 days.
why didn't you wait few more weeks. End of quarter is typically the least price.
king.cong.1119
Member
Destiny1701
22’ M3LR ‘DrkNite’/ 22’ MYP BliueRocket
Saw this new Performance M3 up in Canada for 67.8k cnd. That’s 49.5k usd.
…looks like they selling off Perf models to make way for whatever/whenever the new one is.
…looks like they selling off Perf models to make way for whatever/whenever the new one is.
I think they're gonna pull the same crap that did end of last year. And oh BTW I read today that Tesla will be able to be used as a charger like the CURRENT Ioniq in 2025 Tesla Plans To Adopt Bi-Directional Charging By 2025 - CleanTechnica
It'll probably need HW5
It'll probably need HW5
king.cong.1119
Member
updated my order to get the extra 1k discount, so now it's at $37,1xx I am happy with that.
Can you define "updated"? Did you cancel and reorder or ask them to discount you?
At mt kisco in NY I now see a $42,520 AWD LR Model 3, which is a grand cheaper than when I posted the same a week back in this thread.
king.cong.1119
Member
I saw a better deal going to that same tesla store on tesla inventory, I drove there and spoke with a sales person, that sales person helped me move the vin# in my order from the expensive one to the cheaper one, documents automatically updated in terms of dollars/financial numbers in my tesla app. Order # doesn't change.
Kelculate
Member
They are pretty easy to deal with I have to say. I was monitoring a month back. Found a very good price at a far away location, and before I took delivery, I saw one with exact same configuration and price at a nearer location. They allowed me to switch when I called them, and even offered to route that car to the closest one to my home.
I feel lucky that I haven’t seen the same price since. ($42520 for M3LR)
I feel lucky that I haven’t seen the same price since. ($42520 for M3LR)
BioSci
Member
Update: we got the final trade-in offer from Tesla today, which we declined. Carmax offered us $26K for the Subaru, $2.2K more than Tesla's offer and more than enough to make up for paying the sales tax on the full price. We'll drop off the Subaru at Carmax tomorrow afternoon and take delivery on the M3 the day after tomorrow. Looking forward to becoming a 2-Tesla family. After all the dust settles, our net cash cost to trade a used 2023 Crosstrek for a new 2023 M3 was just over $5K. Color me happy!
To the OP. You can adjust your withholding via w4 to prepay less federal tax. The current w4 makes this easy.
Of course, payroll is my profession, but anyone with logic can figure this out too.
Personally, I never loan the irs money and monitor my prepayments to be just enough not to cause penalty, and happily let the irs loan me money until April.
Of course, payroll is my profession, but anyone with logic can figure this out too.
Personally, I never loan the irs money and monitor my prepayments to be just enough not to cause penalty, and happily let the irs loan me money until April.
BioSci
Member
In my case, withholding doesn't apply, as I'm a self-employed retiree. I won't have to make any more Federal estimated tax payments this year, and if I still don't have enough tax liability for the year to cover all my EV credits, I'll transfer money from my IRA into a Roth IRA, creating instant tax liability as needed to soak up the credits.
Similar threads
- Locked
