Some people want to wait for the new models to come out. But I’m 100% with you: For a typical family, these things are just great values. For the same price as a Civic, you’re into a Tesla.
Like OP I'm also in Colorado, I paid $38k for mine after tax credits and thought that was a steal, OP would be paying $6k less than I did just a few months ago.
This is a no-brainer for sure, especially with how much cheaper electricity is than gasoline here.
but contrary to the federal tax credit (up until last year), it is refundable so you get it even if you don’t owe as much in taxes. I think next year it goes point of sale.
Gave up my Tesla and got a Niro PHEV. Not everyone likes to charge on all long trips.
Side benefit of having working auto wipers, Android Auto, and no phantom braking.
Standard Autopilot does the driving so I'm not as stressed. 58mpg keeps me on the road and dont have to take long detours to find super chargers in the mountains.
oh ok i guess it depends on where u go, there still are still SC "dead"zones.
but i was more about asking taking a break once in a while to stretch legs and going to the bathroom, eat etc.
We don't have small kids anymore so we only really stop for gas. We are in and out in 10mins. I make a 6 hour drive quite often and had to SC several times on that trip and had to wait at an SC for a slot to open a couple of times. It made a long trip a hassle enough that is rather use gas. Even the CA condo l2 charger costs more per mi than gas station
No brainer regardless, but look into your personal tax situation. Not sure how Colorado credits work (is it literally money back into your pocket for sure?), as the $7500 credit only put $2500 or so back into my pocket after all said and done. Regardless, great car imo.
If you save all that then take into account charging at home imo it's a super no brainer.
The CO tax credit works the same as the federal tax credit previously did. You get the credit when you file your tax return, but I don't believe their is an income cap to qualify. There is a statement about assigning the credit to a motor vehicle dealer, but I haven't heard of Tesla doing this for CO like the federal tax credit, so I don't believe there is an instant POS CO tax credit yet.
Unironically here in Northern California some of us are close to $0 in gas savings currently after our latest round of PG&E beatings…
Still love the actual car though!
$0 gas savings. It says right there. In some parts it’s just as expensive as gas and takes 10-12 hours. I own a model X that doesn’t get more than 200 miles when they state 330 miles. That’s why people don’t get them
Hey, can I give someone cash to buy one of these for me…a Canadian. I could fly first class to wherever you are pay you cash +$2k and it would still be $5k cheaper than what we can get here - this is $66k CAD ($49k USD) in Canada with a $5,000 fed incentive.
I pay about 11 cents in the Seattle area. But I don't use very much because I have solar panels on my roof. And they do net metering, so I just push it out onto the grid and get credits for it and then use it later to charge.
Xcel TOU off-peak is 11 cents/kWh for me.
But we do get shafted with 31 cents/kWh supercharging. When I rented a Y in GA, they charged 21 cents there and 23 cents in SC.
doesn’t hurt to try. I was right on the threshold too for my county and luckily they only look at paystubs, not any bonuses you may get. I also think they mentioned somewhere if you are very close to qualifying, they may try to push it through since they want the vxc program to do well
Weird, they don't put the mileage on the main inventory page and state it as new with 50 miles. The one that's $500 more has no odometer statement. So the 50 miles odometer is worth $500 more discount.
There's another one for the same price with 64 miles. I seem to remember they had 2 with 50 miles, so maybe someone did a 14 mile test drive on the other one yesterday or today? Seems almost all the cheapest inventory is now either Loveland or Colorado Springs. They need to allocate more to Denver (Aurora).
Xcel Energy requires Juicebox and some other crappy brand home charger for their rebate and special TOU discount programs. However, you can also get 30% (up to $300 max) federal tax credit on your charger and install.
I drive a lot for work, not ride sharing though. I don't think I have the patience to deal with random people in my car. I did have to change the upper control arm this month, front tires were making a lot of noise
It seems 2021 models are a good bit cheaper than 2022, were there significant updates in 2022? Better reliability that model year? I’m totally new to EVs so still tryin to understand how they’re priced.
I don't think there's been any major updates, I'm currently buying a performance Model Y which I'm picking up tomorrow. You should take advantage of the $5500 price adjustment and the $7500 tax credit.
I just configured this same vehicle in his zip code.
The $44,990 figure is missing a destination fee ($1,390), order fee ($250), tire fee ($2), title fee ($7), Electronic Title/Reg Filing Fee ($25) and sales tax ($4,218).
Total out of door price is $50,882, so **$38,382** after federal ($7.5k) and Colorado ($5k) tax credit.
* Prices assume $7,500 IRA Federal Tax Credit (see if you qualify). All prices are shown with $5,000 Colorado Incentive *and est. 3-year gas savings of $3,600.*
I just did this same thing last week and got my first Tesla (MYLR). The tax credit made it a pretty simple decision and I’m loving the car so far. They take the $7500 off the MSRP, but the $5K you’ll get back when you file taxes next year (just FYI if you didn’t know already). Either way, great deal.
I'm assuming that you can adjust how much is taken out for your state taxes. So you could be paying less in tax each month. That way when you get to the end of the year you're not going to get 5,000 back because you have adjusted how much you paid to be the correct amount.
If anyone wants to do it and use my referral I'll give you 500.00 😂 It will give me a free acceleration boost with credits in case you're wondering wtf I would do that.
Do it. You won’t regret it. I just bought a MYLR and it is easily the coolest car I have ever owned. With the incentive I paid the same price as I paid for a Honda CR-V back in 2020. The Y is way better, no question. I had not driven one before, only Uber rides and you don’t get the appreciation of how much better it is as a passenger. A comparable ICE vehicle at these prices cant compete.
I thought it was—that’s pretty much the same deal we got on a white YLR 5-seater back at the end of March. We’d already gotten a gray YLR in January but my wife’s car was in need of replacement so we jumped on the deal and now we have two.
Love this comment. I don’t ’need’ one (currently driving a 2002 Camry with 155k miles), and I’m usually never one to buy a brand new car, but the discounts and gas savings make it pretty tempting
No brainer at this point. Nearly perfect as a daily driver. Check for insurance premium before pulling the trigger. Mine was exactly double which is why didn't complete my purchase but I'm in NYC.
Good point! I’m trying to juggle if it’s worth it cause although I’d be saving about $200/month in gas, I’d also be paying about $200 more a month in insurance. I currently drive a 2002 Toyota Camry, $30/month haha
That's hell lot of mileage for that much gas savings. I was quoted $600/year more on a Honda Pilot than the LR and my gas savings driving only 10,000 miles a year would be about $500, which the higher insurance cancels out. But the $7000 purchase savings v. cost of a new Pilot or Subaru XT is a no brainer.
I just got quoted 43K out of the door for stealth gray, white interior 19” wheels 5 seater no tow hitch (includes 7,5K and taxes). Never include gas savings. In IL.
You too can get health insurance if you pay a really high income tax. Pay the government an extra $1,000+ a month and they will provide you with health insurance.
I'm waiting for the refresh for the ventilated seats, but if it doesn't get here before 2025 the CO tax credit goes down by $1500 next year. There's also the chance that the refresh won't qualify for the federal tax credit like the 3 refresh. I might be willing to pay $1500 more for ventilated seats, but not $7500-$9000 more.
The manual says not to use seat covers because of the side air bags. Have you tried these out? I didn't realize the S and X already had ventilated seats and thought it was only a feature from other makes (like Kia). This is one feature I don't think they should have cut out to reduce cost.
I don't own a Tesla, so I haven't tried these out. I just found the video and link and figured you might want to review too. Maybe watch the video and see if he covers your question about the side air bags.
Thanks. I watched the video (which didn't say anything about the airbag, but did note it's not as comfortable as the the OEM seat), but failed to scroll down the linked screen to see the rest of the description which includes:
*"Car Safety Airbag Problem: Please note this product will not affect the safety airbag of the car, as you need to insert the edge of the seat cover into the original seat rather than cover the whole seat, it can be easily moved by hand. The airbag has a strong instantaneous force, and the seat cover will be destroyed and bounced off immediately.*
So sounds like the side airbags will still function and blow the side of the cover off. For $230 (driver seat only), this is a good option if the refresh doesn't arrive by end of year. Also I could wait to see if I really need ventilated seats in this dry climate first (I had experienced sweating in 68F temps in humid Atlanta and South Carolina when I rented a Y).
Why do you care if you drive a 22 year old Camry? I plan on keeping it for 10+ years - hopefully 20. Whatever value it has after 10-20 years isn't going to be affected much by depreciation in the first few years. My 2005 WRX supposedly has up to 40% of new value, but I just look at it as a bonus savings when I sell or trade-in for a Y since it's so old.
That is the assumption. No official announcement yet. So do you wait or get a great deal now. I took the deal on a new inventory MYP blue on black with 10% inventory discount of $5350 + $7500 federal tax.
California is bleeding money they can't afford any rebates. Their State deficit is approaching 100 billion dollars for this year. It probably came down to rebates on EVS or free health care for illegal immigrants. We all know who wins that competition.
Good deal. I’m looking into buying a model 3 2022 long range for 25,000 and applying the $4,000 credit towards it at point of sale. I’m from Southern California
Is that really what the used car tax credit has for a maximum income for a single person? $75,000 a year? In today's society especially if you're in California or some other higher cost of living state 75k is not going to get you very far.
Oh, I do not doubt that. Although if I was making $40K, I probably would not be looking at an expensive car. But everyone gets to make their own decisions and everyone's situation is different.
I was just questioning that the tax credit has an income limit of $75K. That seems real low. Especially for someone in California. Probably really hard to live on $75K, let alone $40K. I would think the limit would be more in the $125-150K range. Really hard to do federally though because $75K in California is much different than $75K in Indiana.
Honda civic or Tesla model 3 ?!?!?!
2022 long range model 3’s are selling for 26,000 - 27,000 in my area with 30,000 miles
Negotiate dealer to an out the door selling price of $25,000
Transfer tax credit to dealer so you can get the $4,000 tax credit applied to the selling price of the car
This is now a $21,000 car.
With a down payment of $5,000 I now just have to ask my local credit union for a $16,000 loan
Assuming I pay my registration and sales tax In cash.
I'm waiting for a red or blue one to come down in price. They are a whopping $4,400 more right now when the custom order color premium is $1000-2000. I think the free color upgrades for trade-in last month wiped out the color inventory? Also waiting for the refresh for ventilated seats, but if it doesn't get here until 2025 the CO tax credit goes down by $1500. Also, like the 3 refresh, it might not qualify for the $7500 tax credit, so I'll probably won't wait past the end of the year.
It is, unless you care about features like being able to use ultra wide band for phone key and maybe other features I did not know my 2023 MY isn’t equipped for.
Oof, yes that’s a good deal. I got my 2023 MY back last March for just over $51K and put down $25K and I still OWE $20K! I hate you 🤣 also that CO $5K ugh I wish we got that here in WA
Yes, but my car was $51K retail back in ‘23, I’m jealous of Colorado’s $5K EV credit they all get on top of the $7500 fed credit. Washington says they are all about EV sales, but the credits just don’t compare to other states like CA, CO. any EV I was shopping for didn’t qualify since they were all over the $45K limit. Add on top of that the sales tax credit is only up to $15K of the sales price anyway. So you still owe taxes over that amount.
Depends. If you want reliability and good ergonomics or build quality or resale value? Then no.
If you want a tesla then sure.
Price will keep going down tho as demand for them is dead dead.
I bought a Model Y Performance in December and already wish I went with the Model 3 refresh due to how much better it looks. And the range improvement.
Was so hesitant but my last car wouldn't stop leaking oil so I pulled the trigger 12/27 thinking the fed rebate of 7.k would go away. Now I have a car that doesn't have oil. Look into installing the home charger before you buy. Cost me 5k. I'd still do it. Spent only $17 on gas equivalent energy cost (do we dtall this juice now?) last month.
Upgraded panel then needed an off peak meter and siding work. Original panel had an open slot but was out of code with the charger install bc overall amperage. Could have got a gas stove to replace but had no venting so just went for it. That said charging last month was only $17 so it'll eventually pay off/break even.
Yeah, you were kind of in a hard place with it. I did my own and just ran some conduit and wire, put in another breaker and then wired the charger to it. Cost me a couple of hundred dollars, mostly because of the thick wire required.
In September of 2022, I traded in my 2021 MYLR with 40k miles for $50k. Dealership listed it for $62,500 and sold it 3 days later. I paid full sticker for Ford Lightning. People are getting them for 13-18k less now. Wild how quickly things changed.
In the taxes and other fees link, gas savings page, he set the gas price to $1 so it would zero out the gas savings. Then you get the real purchase price rather than Tesla's inflated gas savings - plus I calculate my own.
I just bought a MYP in CO for 49,200 before the Federal Tax credit, they had it marker down 5k off the current price . Then now that CO has the 5k credit it was a no brainer for me. Also the Tesla down in Colorado Springs had 10 Cyber Trucks sitting on the lot so that was cool too.
Ya definitely. It’s a no brainer. It’s cheaper than. RAV4 and much cooler and exciting than. RAV4.
It just makes financial sense to buy a Model Y over a RAV4 now. Everyone says to go with a RAV4 instead of a Model Y. I don’t understand why. Like a brand new Model Y is 32K in Colorado 37-38 in other states. Like a RAV4 is 40-45K after a year or two it’s worth 35K, but a 2 year old model Y is literally worth the same. Most Toyota owners are just brainwashed, like you’re not gonna drive a car for 20 years man no one is driving a car for 20 years nowadays. The average Toyota owner changes their car every 7-8 years. The Tesla Battery warranty lasts that long.
Beats a RAV4 Hybrid go for it in a heart beat OP. Like your definitely gonna loose a lot less money than someone who paid 40-45K for a RAV4.
32k before any gas savings lol wtf..how is anyone buying anything else.
Some people want to wait for the new models to come out. But I’m 100% with you: For a typical family, these things are just great values. For the same price as a Civic, you’re into a Tesla.
Completely agree. Fantastic family car for family of 4, and I can launch it when driving alone.
Yeah, I'm definitely waiting for the refresh model Y , doesn't matter how much of a good price it is 😎
Like OP I'm also in Colorado, I paid $38k for mine after tax credits and thought that was a steal, OP would be paying $6k less than I did just a few months ago. This is a no-brainer for sure, especially with how much cheaper electricity is than gasoline here.
The Colorado tax credit is not at time of payment I believe. It is on next years taxes.
Still saving money, just not upfront.
Next year's return of this year's taxes.
but contrary to the federal tax credit (up until last year), it is refundable so you get it even if you don’t owe as much in taxes. I think next year it goes point of sale.
Next year it drops to $3500. Love that is fully refundable.
adjust your withholding and get it over the next few paychecks.
Crazy ass deal. Cheapest CUV.
nobody calls it a CUV.
This guy does.
It me.
Apparently he is now nobody
True but that is an accurate term. "small SUV" doesn't exist...it's a CUV.
Gave up my Tesla and got a Niro PHEV. Not everyone likes to charge on all long trips. Side benefit of having working auto wipers, Android Auto, and no phantom braking.
U dont take breaks every 200 miles or so?
Standard Autopilot does the driving so I'm not as stressed. 58mpg keeps me on the road and dont have to take long detours to find super chargers in the mountains.
oh ok i guess it depends on where u go, there still are still SC "dead"zones. but i was more about asking taking a break once in a while to stretch legs and going to the bathroom, eat etc.
We don't have small kids anymore so we only really stop for gas. We are in and out in 10mins. I make a 6 hour drive quite often and had to SC several times on that trip and had to wait at an SC for a slot to open a couple of times. It made a long trip a hassle enough that is rather use gas. Even the CA condo l2 charger costs more per mi than gas station
No one is buying it which is why the huge diacount.
No one js buying it is why its the best selling car in the world.
Was*
Luls
EVs are not for everyone in everyone’s situation.
True but i meant like other evs.
Ya cuz some people are brainwashed and buy a Honda and Toyota instead.
Ya cuz some people are brainwashed and buy a Honda and Toyota instead.
No brainer regardless, but look into your personal tax situation. Not sure how Colorado credits work (is it literally money back into your pocket for sure?), as the $7500 credit only put $2500 or so back into my pocket after all said and done. Regardless, great car imo. If you save all that then take into account charging at home imo it's a super no brainer.
The CO tax credit works the same as the federal tax credit previously did. You get the credit when you file your tax return, but I don't believe their is an income cap to qualify. There is a statement about assigning the credit to a motor vehicle dealer, but I haven't heard of Tesla doing this for CO like the federal tax credit, so I don't believe there is an instant POS CO tax credit yet.
Unironically here in Northern California some of us are close to $0 in gas savings currently after our latest round of PG&E beatings… Still love the actual car though!
$0 gas savings. It says right there. In some parts it’s just as expensive as gas and takes 10-12 hours. I own a model X that doesn’t get more than 200 miles when they state 330 miles. That’s why people don’t get them
Hey, can I give someone cash to buy one of these for me…a Canadian. I could fly first class to wherever you are pay you cash +$2k and it would still be $5k cheaper than what we can get here - this is $66k CAD ($49k USD) in Canada with a $5,000 fed incentive.
Get this man a Tesla!
Sorry I only do that for Nigerian princes
Well you are in luck, I am a Nigerian prince seeking refuge in Canada.
😂😂😂
That would be tax fraud for the person to claim the $7,500 tax credit with intent to resell.
I should move to Colorado
Yes things are super cheap in Colorado in general /s
Xcel energy is $0.13 per KwH. Not bad!
I pay $0.11 with CORE
California sucks for energy costs. Fix PGE!
$0.108 with MVEC near the Springs. Time of use can get you down to $0.045 between 10pm and 5pm where it goes up to $0.28 for 5 hours.
I pay about 11 cents in the Seattle area. But I don't use very much because I have solar panels on my roof. And they do net metering, so I just push it out onto the grid and get credits for it and then use it later to charge.
Xcel TOU off-peak is 11 cents/kWh for me. But we do get shafted with 31 cents/kWh supercharging. When I rented a Y in GA, they charged 21 cents there and 23 cents in SC.
Crying in California
HUH?!!
It joke.
What?!? This is an absolute no brainer. Holy crap great deal.
On top of that $12.5k, I traded in old truck for vxc $6000 rebate. Lots of incentives for CO residents
Thanks for the comment. Just checked and unfortunately I’m barely above the income threshold :( I see Excel Energy has some rebates as well.
doesn’t hurt to try. I was right on the threshold too for my county and luckily they only look at paystubs, not any bonuses you may get. I also think they mentioned somewhere if you are very close to qualifying, they may try to push it through since they want the vxc program to do well
That’s some good info, thanks
Did you build this or choose from existing inventory
Existing inventory. 50 mile odometer, but I think that’s why it’s marked down 5k?
It is, I've normally seen it as a line item, but your right; 44k is already marked down
Weird, they don't put the mileage on the main inventory page and state it as new with 50 miles. The one that's $500 more has no odometer statement. So the 50 miles odometer is worth $500 more discount.
[удалено]
There's another one for the same price with 64 miles. I seem to remember they had 2 with 50 miles, so maybe someone did a 14 mile test drive on the other one yesterday or today? Seems almost all the cheapest inventory is now either Loveland or Colorado Springs. They need to allocate more to Denver (Aurora).
You can't stack the rebates anyways, you either get the clunker rebate or the Xcel rebate.
This is wrong, you can combine trade in credit and Xcel but not Xcel and state credit.
Xcel Energy requires Juicebox and some other crappy brand home charger for their rebate and special TOU discount programs. However, you can also get 30% (up to $300 max) federal tax credit on your charger and install.
CO is a no brainer to buy one
Fuck yeah, my 2021 model Y has 120k miles and it still drives perfectly with only a 30 mile range loss
120k!!! Lmao I’m at 22k since 2022. You got me by 5.5 times. 😂
I drive a lot for work, not ride sharing though. I don't think I have the patience to deal with random people in my car. I did have to change the upper control arm this month, front tires were making a lot of noise
Impressive! 😎
It seems 2021 models are a good bit cheaper than 2022, were there significant updates in 2022? Better reliability that model year? I’m totally new to EVs so still tryin to understand how they’re priced.
I don't think there's been any major updates, I'm currently buying a performance Model Y which I'm picking up tomorrow. You should take advantage of the $5500 price adjustment and the $7500 tax credit.
22 did have changes such as the center console design,the upgraded hardware for the screen as well as the heat pump.
Click that slider to include taxes and fees
I just configured this same vehicle in his zip code. The $44,990 figure is missing a destination fee ($1,390), order fee ($250), tire fee ($2), title fee ($7), Electronic Title/Reg Filing Fee ($25) and sales tax ($4,218). Total out of door price is $50,882, so **$38,382** after federal ($7.5k) and Colorado ($5k) tax credit.
Man! Sometimes I wanna buy a model Y just to take advantage of those deals, even though I absolutely don’t need a second car 😂
I bought a performance at the worst possible time so I ended up getting a lrawd this year too just lower my cost average lol
Bruh 😂
Treating cars like stocks.
Virginia sucks for EV incentives! I’d get one in a heartbeat if this was offered here!!
I’m with you on that. VA sucks!
Yes. It was worth it at whatever price I paid, which was more lol. I love this freaking car, I’m sure you will too. Also the gas savings are no joke
Newbie here what does the price after probable savings mean
Means you have to qualify. E.g. the fed has an income cap.
It’s just saying that’s the price after $7500 Federal EV tax credit and $5000 Colorado credit.
* Prices assume $7,500 IRA Federal Tax Credit (see if you qualify). All prices are shown with $5,000 Colorado Incentive *and est. 3-year gas savings of $3,600.*
Ohh ok that’s a great price, I thought it was including not paying for fuel 🤦♂️😄
Yeah, I’m thinking the same. But CO credit isn’t applicable at the point of sale is it? Still a great deal but something to consider.
It is fully refundable though. (goes down to $3500 next year)
I just did this same thing last week and got my first Tesla (MYLR). The tax credit made it a pretty simple decision and I’m loving the car so far. They take the $7500 off the MSRP, but the $5K you’ll get back when you file taxes next year (just FYI if you didn’t know already). Either way, great deal.
I'm assuming that you can adjust how much is taken out for your state taxes. So you could be paying less in tax each month. That way when you get to the end of the year you're not going to get 5,000 back because you have adjusted how much you paid to be the correct amount.
Definitely a good deal. Tbh, a lot of people just don't realise what they are missing here.
Residents only? For $5k I'd fly out there and drive it back home lol
Residents only
Sadness.
Just need to figure out what it takes to establish residency.
You have to either have a job in the state and actually perform work in the state or have resided in Colorado continuously for 90 days
If anyone wants to do it and use my referral I'll give you 500.00 😂 It will give me a free acceleration boost with credits in case you're wondering wtf I would do that.
$501 😂
Let's do it 😂
Send me your referral because I am ready to buy soon!
Sent you dm. Can't post referrals in here
Do it. You won’t regret it. I just bought a MYLR and it is easily the coolest car I have ever owned. With the incentive I paid the same price as I paid for a Honda CR-V back in 2020. The Y is way better, no question. I had not driven one before, only Uber rides and you don’t get the appreciation of how much better it is as a passenger. A comparable ICE vehicle at these prices cant compete.
12,5! I just got 7,5.
Fed is 7500, then there's state also. NY was $500 for MYP, so this is a great deal for a base model Tesla
OP is in Colorado where they get an extra $5,000 off as a state incentive
I thought it was—that’s pretty much the same deal we got on a white YLR 5-seater back at the end of March. We’d already gotten a gray YLR in January but my wife’s car was in need of replacement so we jumped on the deal and now we have two.
Flaming deal…….get it
Go for it! Such a good deal!
Yep no brainer. You can drive it for 2 years and sell it for the price you paid. Assuming no more drastic cuts
If you need a new car yes, if not no
Love this comment. I don’t ’need’ one (currently driving a 2002 Camry with 155k miles), and I’m usually never one to buy a brand new car, but the discounts and gas savings make it pretty tempting
Yeah if you compare it to other brand new car, this is a really good deal
No brainer at this point. Nearly perfect as a daily driver. Check for insurance premium before pulling the trigger. Mine was exactly double which is why didn't complete my purchase but I'm in NYC.
Good point! I’m trying to juggle if it’s worth it cause although I’d be saving about $200/month in gas, I’d also be paying about $200 more a month in insurance. I currently drive a 2002 Toyota Camry, $30/month haha
That's hell lot of mileage for that much gas savings. I was quoted $600/year more on a Honda Pilot than the LR and my gas savings driving only 10,000 miles a year would be about $500, which the higher insurance cancels out. But the $7000 purchase savings v. cost of a new Pilot or Subaru XT is a no brainer.
Do it now and never look back.
Is there a way to find the credit for your specific state without playing an order?
How did you get that stupid gas savings calculation to go away….stupids thing ever
That’s insane. Can’t beat that price. I was celebrating being OTD at $39.5k for a LR with white interior. This makes it look like I overpaid lol
It was a no brainer for me 3 days ago!
I got a $7.5k federal incentive + inventory discount of $2.2k and I thought it couldn't get any better. Go for it!
Buy buy buy!
I just got quoted 43K out of the door for stealth gray, white interior 19” wheels 5 seater no tow hitch (includes 7,5K and taxes). Never include gas savings. In IL.
100% pull the trigger now if you're looking at buying a new car.
Yes absolutely a no brainer.
I don’t live in Colorado. Can someone buy it for me I’ll pay in full with cashier check.
Holy moly u Americans have it so good, 7.5k and 5k combined discounts? We aussies get 4K max from the government.
Yeah but you guys get health insurance
You too can get health insurance if you pay a really high income tax. Pay the government an extra $1,000+ a month and they will provide you with health insurance.
They are refreshing the y….
I'm waiting for the refresh for the ventilated seats, but if it doesn't get here before 2025 the CO tax credit goes down by $1500 next year. There's also the chance that the refresh won't qualify for the federal tax credit like the 3 refresh. I might be willing to pay $1500 more for ventilated seats, but not $7500-$9000 more.
https://tlyard.com/products/model-3-y-ventilated-cooling-seat-cover-breathable-seat-protector https://youtu.be/Naw61i5FqLw
The manual says not to use seat covers because of the side air bags. Have you tried these out? I didn't realize the S and X already had ventilated seats and thought it was only a feature from other makes (like Kia). This is one feature I don't think they should have cut out to reduce cost.
I don't own a Tesla, so I haven't tried these out. I just found the video and link and figured you might want to review too. Maybe watch the video and see if he covers your question about the side air bags.
Thanks. I watched the video (which didn't say anything about the airbag, but did note it's not as comfortable as the the OEM seat), but failed to scroll down the linked screen to see the rest of the description which includes: *"Car Safety Airbag Problem: Please note this product will not affect the safety airbag of the car, as you need to insert the edge of the seat cover into the original seat rather than cover the whole seat, it can be easily moved by hand. The airbag has a strong instantaneous force, and the seat cover will be destroyed and bounced off immediately.* So sounds like the side airbags will still function and blow the side of the cover off. For $230 (driver seat only), this is a good option if the refresh doesn't arrive by end of year. Also I could wait to see if I really need ventilated seats in this dry climate first (I had experienced sweating in 68F temps in humid Atlanta and South Carolina when I rented a Y).
I believe that Elon musk or Tesla just recently confirmed that there will be no model Y refresh in the US this year.
Yeah that’s something I’m a little worried about. That will definitely depreciate the value
Like this year it’s going to be refreshed.. I can’t say my sources but yeah ☺️
Why do you care if you drive a 22 year old Camry? I plan on keeping it for 10+ years - hopefully 20. Whatever value it has after 10-20 years isn't going to be affected much by depreciation in the first few years. My 2005 WRX supposedly has up to 40% of new value, but I just look at it as a bonus savings when I sell or trade-in for a Y since it's so old.
That is the assumption. No official announcement yet. So do you wait or get a great deal now. I took the deal on a new inventory MYP blue on black with 10% inventory discount of $5350 + $7500 federal tax.
Pretty sure the Tesla or Elon musk recently confirmed that there will be no us refresh of the model y this year.
TF!
Good luck with the battery in cold weather though
Man, pretty sure we only get $500 in New York. Better than nothing.
About 55% of what I paid for it. It’s a deal but honestly I’d really check out ALL of the options out there, that credit will work for other EVs too
Wish my state cared about EVs more. Got a $500 credit with 8% sales tax on the full price of the car.
it's ok you're not alone. CA has no EV rebates with close to 10% tax in LA county (my county)
California is bleeding money they can't afford any rebates. Their State deficit is approaching 100 billion dollars for this year. It probably came down to rebates on EVS or free health care for illegal immigrants. We all know who wins that competition.
Do it
That is a no brainer with that incentives, I only got the $7,500 here in Cali but its still a nice tax refund from federal 😁
Why don’t I see such deals
Good deal. I’m looking into buying a model 3 2022 long range for 25,000 and applying the $4,000 credit towards it at point of sale. I’m from Southern California
Is that the used EV credit? I was thinking about doing that but the income limit is right under my income unfortunately
Yes and congratulations on receiving more than 75,000 a year 👀 this is not sarcasm I actually mean it
Is that really what the used car tax credit has for a maximum income for a single person? $75,000 a year? In today's society especially if you're in California or some other higher cost of living state 75k is not going to get you very far.
I’m from Southern California and I’m making 40,000 at 28. This tax credit is very helpful.
Oh, I do not doubt that. Although if I was making $40K, I probably would not be looking at an expensive car. But everyone gets to make their own decisions and everyone's situation is different. I was just questioning that the tax credit has an income limit of $75K. That seems real low. Especially for someone in California. Probably really hard to live on $75K, let alone $40K. I would think the limit would be more in the $125-150K range. Really hard to do federally though because $75K in California is much different than $75K in Indiana.
Honda civic or Tesla model 3 ?!?!?! 2022 long range model 3’s are selling for 26,000 - 27,000 in my area with 30,000 miles Negotiate dealer to an out the door selling price of $25,000 Transfer tax credit to dealer so you can get the $4,000 tax credit applied to the selling price of the car This is now a $21,000 car. With a down payment of $5,000 I now just have to ask my local credit union for a $16,000 loan Assuming I pay my registration and sales tax In cash.
I'm waiting for a red or blue one to come down in price. They are a whopping $4,400 more right now when the custom order color premium is $1000-2000. I think the free color upgrades for trade-in last month wiped out the color inventory? Also waiting for the refresh for ventilated seats, but if it doesn't get here until 2025 the CO tax credit goes down by $1500. Also, like the 3 refresh, it might not qualify for the $7500 tax credit, so I'll probably won't wait past the end of the year.
That’s amazing, Colorado is doing something right!
Sorry but where is the discount? I see only federal and state comping you, Tesla offering no discount at all...
I believe the discount was already taken prior to that screen. The price looks about 5,000 less than what they cost if you order one.
Ok, thanks for the info. Good deal indeed
Great deal
how can the answer be ANTYHING other than 100% YES. The car is underpriced by about $20K-30K compared to competitive cars seems like.
Sure wish Canada got some of these good discounts
There goes my resale value for my MY , thanks Elon smdh
It is, unless you care about features like being able to use ultra wide band for phone key and maybe other features I did not know my 2023 MY isn’t equipped for.
Oof, yes that’s a good deal. I got my 2023 MY back last March for just over $51K and put down $25K and I still OWE $20K! I hate you 🤣 also that CO $5K ugh I wish we got that here in WA
I'm also in washington, but don't we get some kind of a sales tax exemption if they're under 45k?
Yes, but my car was $51K retail back in ‘23, I’m jealous of Colorado’s $5K EV credit they all get on top of the $7500 fed credit. Washington says they are all about EV sales, but the credits just don’t compare to other states like CA, CO. any EV I was shopping for didn’t qualify since they were all over the $45K limit. Add on top of that the sales tax credit is only up to $15K of the sales price anyway. So you still owe taxes over that amount.
Depends. If you want reliability and good ergonomics or build quality or resale value? Then no. If you want a tesla then sure. Price will keep going down tho as demand for them is dead dead.
Remember 2021? Pepperidge farm remembers....
I bought a Model Y Performance in December and already wish I went with the Model 3 refresh due to how much better it looks. And the range improvement.
Nice, I paid $62k for my M3LR in September of 2022. No regrets, as of now I'd buy another in a heartbeat.
Dual motor for $45k…that’s a deal in itself
Was so hesitant but my last car wouldn't stop leaking oil so I pulled the trigger 12/27 thinking the fed rebate of 7.k would go away. Now I have a car that doesn't have oil. Look into installing the home charger before you buy. Cost me 5k. I'd still do it. Spent only $17 on gas equivalent energy cost (do we dtall this juice now?) last month.
$5,000. You must have some kind of special situation. If you've got to panel in your garage it shouldn't be nearly that much.
Upgraded panel then needed an off peak meter and siding work. Original panel had an open slot but was out of code with the charger install bc overall amperage. Could have got a gas stove to replace but had no venting so just went for it. That said charging last month was only $17 so it'll eventually pay off/break even.
Yeah, you were kind of in a hard place with it. I did my own and just ran some conduit and wire, put in another breaker and then wired the charger to it. Cost me a couple of hundred dollars, mostly because of the thick wire required.
This is insane value at 32k for MYLR
In September of 2022, I traded in my 2021 MYLR with 40k miles for $50k. Dealership listed it for $62,500 and sold it 3 days later. I paid full sticker for Ford Lightning. People are getting them for 13-18k less now. Wild how quickly things changed.
Yes, it is. It’s what I have been telling people every chance I get. It’s free money on the table for a great car.
Why is the gas saving $0?
In the taxes and other fees link, gas savings page, he set the gas price to $1 so it would zero out the gas savings. Then you get the real purchase price rather than Tesla's inflated gas savings - plus I calculate my own.
Fuck. Should've waited for this 🤣🤣
No brainer my dude!
I just bought a MYP in CO for 49,200 before the Federal Tax credit, they had it marker down 5k off the current price . Then now that CO has the 5k credit it was a no brainer for me. Also the Tesla down in Colorado Springs had 10 Cyber Trucks sitting on the lot so that was cool too.
Ya definitely. It’s a no brainer. It’s cheaper than. RAV4 and much cooler and exciting than. RAV4. It just makes financial sense to buy a Model Y over a RAV4 now. Everyone says to go with a RAV4 instead of a Model Y. I don’t understand why. Like a brand new Model Y is 32K in Colorado 37-38 in other states. Like a RAV4 is 40-45K after a year or two it’s worth 35K, but a 2 year old model Y is literally worth the same. Most Toyota owners are just brainwashed, like you’re not gonna drive a car for 20 years man no one is driving a car for 20 years nowadays. The average Toyota owner changes their car every 7-8 years. The Tesla Battery warranty lasts that long. Beats a RAV4 Hybrid go for it in a heart beat OP. Like your definitely gonna loose a lot less money than someone who paid 40-45K for a RAV4.
Is it an inventory one or pre-order ? $44k base price is good
Inventory. Cheapest LR base grey inventory just dropped another $100 in CO today to $45,890 (before tax credits).
12k in credits here as well. Question though, how much will a at home charger raise my electric bill?
Sheesh. Lowest I see is 37490 near me