The credit is available to anyone who takes delivery in December even if you ordered in Feb (and yes there are Feb orders still waiting). And yes Feb/Mar people are already paying ~7K less than today's prices and they are now getting the ~$4K credit. Jackpot!! And they deserve it for waiting this long while Tesla continues to bump back their orders in order to fulfill higher margin orders placed after June's price increase.
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Tesla gives $3,750 discount for Model 3/Y in the US this month
- Thread starter adam19
- Start date
Wow man I just read this. You people made my day! I am taking delivery on 12/9!
The best part about all this is I would not qualify for the tax credit anyway so this is much better!
Bikeman
Member
I received my new statement of the "Due at Delivery" this evening (on the phone app) that reflects the $3,750 credit, and thus the lower balance. I am 4 days from delivery, so one might not need to wait for that "24 hours from delivery" notice of final price. This is very good for me since I have a couple days now to get back to my bank and turn in the cashier's check for the old higher amount and have them print me out another for the lower amount. Silly me wanting to get everything in order 6 days ahead of time. But.... a very nice surprise having to pay a little bit less now.
You do know that you can call them up and tell them that you want to take delivery the next day(tomorrow) and they will welcome you?
My delivery date was suppose to be 12/4 but i called and told them i wanted to pick it up on the 2nd and they said sure, no problem. I looked into the building they were housing A LOT of tesla. They are really pushing them out this December.
singlestack
Member
It’s an arbitrary number that Tesla thought would be enough to incentivize people to want to take delivery now rather than wait. They were right.
It’s worth noting that there’s a lot of risks involved in waiting for the fed tax credit:
The Model Y might not qualify at all (IRS might decide it doesn’t meet their definition of SUV).
The Model Y might only qualify for 1/2 the tax credit (depends on where the battery materials came from).
Certain builds of Model Y might be over the MSRP limit for the tax credit (depends on how IRS defines MSRP).
I feel the amount is a pretty clear indication Tesla will only qualify for half the federal credit next year.
Bikeman
Member
Yes, but I don't wish to wreck my job by picking up a car on a work day and tuesday is my next day off. Tesla is OK with that, as I moved the delivery up as it was from the original Thursday the 8th, which is a day they had set.
In addition to what singlestack said, it's the time value of money. You get $3,750 now or you wait until April, 2024 to receive whatever tax credit you turn out to be eligible for.
I know this is passed as a bill so it is law, who knows what will Tesla's qualify for the rebate. Also given the political situation they might try to slow play it and we will not have a good clarity until late 2023.
With all the political stuff going on now with Elon, Twitter and the current government. I think and do believe they will try everything to screw and exclude Tesla from getting the full amount. Time will tell
I got mine yesterday and didn't see that anywhere. I'll have to ask them about it. My brother literally texted me about it as I was driving home from the dealership!
Be sure to ask your delivery guy or gal to apply the discount at the time of sale rather than waiting for a check to come in the mail. It would have impacted how much sales tax I paid when I picked up my car yesterday.
voip-ninja
Give me some sugar baby
No, everyone is getting it. If you financed even a portion of it through Tesla they will just adjust the loan amount, that’s the only way of redeeming it without canceling and redoing the sale.
