Federal Tax Credit Rules - Will drive Model Y price down to $54,000

[SageBrush]

I'm not surprised by the prices, but I am totally surprised by how quickly they occurred. Perhaps it is related to the presumed loss of 1/2 of the EV credit come March. Tesla is the only company I know of who has been transparent in informing consumers of this detail. KUDOS TO THEM

 

[vickh]

I'm not surprised by the prices, but I am totally surprised by how quickly they occurred. Perhaps it is related to the presumed loss of 1/2 of the EV credit come March. Tesla is the only company I know of who has been transparent in informing consumers of this detail. KUDOS TO THEM

I wonder why they keep doing it given the customer revolts after drops. Saturn tried and failed. It's almost that most people would rather have the silly secret price games (I like the games if I win, but house has a big advantage over long term)

Back to topic I'm debating when to act b/f March. More cuts or wait. I'm also debating b/t new Y vs used X

 

[SageBrush]

Back to topic I'm debating when to act b/f March. More cuts or wait. I'm also debating b/t new Y vs used X

I thought about this too, and I think a big part of of the speculation comes down to what Tesla will do if the EV tax credit is halved. Will Tesla make up the difference ? I decided (amongst other considerations) that a bird in the hand is worth two in the bush so I ordered today to increase my chances of getting delivery before the tax credit changes.

Model S and Model X are outside of the EV credit IIRC, so those are different considerations.

 

[vickh]

I thought about this too, and I think a big part of of the speculation comes down to what Tesla will do if the EV tax credit is halved. Will Tesla make up the difference ? I decided (amongst other considerations) that a bird in the hand is worth two in the bush so I ordered today to increase my chances of getting delivery before the tax credit changes.

Model S and Model X are outside of the EV credit IIRC, so those are different considerations.

'16 Used X is about the same net price as 7 seater Y. I might play the $250 option price with Y. I worry about warranty and TSLA's horrible in house used process.

Now if TSLA would bring our a lower price SR Y like they did with 3 toward credit end. Sold!

 

[Magnus0322]

I thought about this too, and I think a big part of of the speculation comes down to what Tesla will do if the EV tax credit is halved. Will Tesla make up the difference ? I decided (amongst other considerations) that a bird in the hand is worth two in the bush so I ordered today to increase my chances of getting delivery before the tax credit changes.

Model S and Model X are outside of the EV credit IIRC, so those are different considerations.

Why wouldn't you just get an inventory car?

 

[Magnus0322]

'16 Used X is about the same net price as 7 seater Y. I might play the $250 option price with Y. I worry about warranty and TSLA's horrible in house used process.

Now if TSLA would bring our a lower price SR Y like they did with 3 toward credit end. Sold!

SR Y is $50990 vs LR Y $52990 so MYLR is the best deal

 

[N8Howell33]

Why does the 7.5K credit only last til March for Tesla? Shouldn't it be ongoing like the others are from the passed legislation?

 

[SageBrush]

Why wouldn't you just get an inventory car?

The present inventory is not 2023, used (no EV credit, and used), and about the same cost as a new car order.

For people who can wait, inventory cars are not an attractive deal

 

[7summits]

The present inventory is not 2023, used (no EV credit, and used), and about the same cost as a new car order.

For people who can wait, inventory cars are not an attractive deal

Lots of new 2023 inventory just showed up this morning at least in my zip code. 85255. Like 15 Ys

 

[Magnus0322]

The present inventory is not 2023, used (no EV credit, and used), and about the same cost as a new car order.

For people who can wait, inventory cars are not an attractive deal

Besides the one demo car they're all 2023... Unless I'm missing something

 

[Magnus0322]

Why does the 7.5K credit only last til March for Tesla? Shouldn't it be ongoing like the others are from the passed legislation?

Because this

 

[SageBrush]

Besides the one demo car they're all 2023... Unless I'm missing something

Now I understand ... inventory within 200 miles of the zip code entered is shown.

 

[SageBrush]

I looked into a lease from Tesla, but at least for now Tesla does not offer the option to buy the lease for the Model Y LR/AWD.

I'm surprised

 

[SageBrush]

Lots of new 2023 inventory just showed up this morning at least in my zip code. 85255. Like 15 Ys

I looked at the white Model Y. The only cars I saw had 20" wheels and were $990 over the threshold for the EV credit. I'll be *really* surprised if Tesla does not drop the price on those cars to make them EV tax credit eligible.

 

[TesLEEZ]

I looked at the white Model Y. The only cars I saw had 20" wheels and were $990 over the threshold for the EV credit. I'll be *really* surprised if Tesla does not drop the price on those cars to make them EV tax credit eligible.

You looked too late. Last night when prices dropped, there were plenty of cars under $55k. Right now, none. They all have options like extra paint color options, tow hitch etc... which put them above the $55k threshold. Tesla is probably now pivoting to manufacturing cars in configurations under $55k. This was just their existing inventory. Personally I want a base model with just a tow hitch, which should still be under $55k.

 

[Magnus0322]

I looked at the white Model Y. The only cars I saw had 20" wheels and were $990 over the threshold for the EV credit. I'll be *really* surprised if Tesla does not drop the price on those cars to make them EV tax credit eligible.

You can get a White MYLR Black Interior Induction wheels for $54990. Those ones that are $55990 probably have a tow hitch or white interior added. Keep refreshing the page. Inventory cars update throughout the day.

 

[N8Howell33]

Because this

thanks, but if they determine battery meets that, then it will stay at the full 7.5K correct?

 

[Magnus0322]

thanks, but if they determine battery meets that, then it will stay at the full 7.5K correct?

For most of Tesla models yes. The SR M3 uses LFP packs from China I believe so it would only get $3750

 

[240vPlug]

I'm really surprised at this Tesla must be in a bad situation to make such a dramatic price decrease. They are obviously trying to appeal to the lower price points by making the seven seat option now. $4,000. They also switch back to only giving you white for free. Midnight silver metallic paint is now once again $1,000 extra

Strangely still no 7 seat option on the performance model. So the performance model does not qualify and has no way to qualify for the federal tax credit.

 

[patmurphey]

I looked at the white Model Y. The only cars I saw had 20" wheels and were $990 over the threshold for the EV credit. I'll be *really* surprised if Tesla does not drop the price on those cars to make them EV tax credit eligible.

No worry, those can go to those whose income is above the credit threshhold...