Tesla Model 3 $7500 Federal Tax Credit is Ending in 2023

Posted on Dec 25th 2023
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Tesla Model 3 $7500 Federal Tax Credit is Ending in 2023
Emma Johnson
By Emma Johnson

@SpoofeeDeals

Tesla announced that the Tesla Model 3 RWD and Long Range will lose the entire $7500 Federal EV credit starting January 1, 2024.

Price comes down to $30400 after tax credit

$7500 Federal Tax Credit Ending on December 31st, 2023 for Model 3 RWD / LR
* All new Model 3 vehicles currently qualify for a federal tax credit for eligible buyers. $7500 tax credit will end for Model 3 Rear-Wheel Drive and Model 3 Long Range on December 31st, 2023. Take delivery by December 31st for full tax credit


Step 1
Go to Tesla and find an inventory car near you

Step 2
Find a Tesla Model 3 base from $36260

Step 3
There is an additional $250 Order Fee
There is an additional $1390 destination charge
All together, $37900 + Sales Tax + Doc Fees

Step 4
MUST TAKE DELIVERY BY December 31st, 2023
If you qualify for the $7500 federal tax credit, price drops to $30400! !!
* Check out the qualifications on the IRS page



Tax credit of $7500 if you qualify
You qualify if your adjusted gross income is
* $300,000 for married couples filing jointly
* $225,000 for heads of households
* $150,000 for all other filers



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Guest #2679 - 2 months ago
Uh the pricing is exactly in line without the rebates of similarly category vehicles. In fact I'd say the rebates gave people trying an unproven manufacturer of vehicles filled with first in industry features for private vehicles.

Guest
Guest #298 - 2 months ago
Tesla is going to have to make some pricing changes or something on Jan 1st, because now that the Model 3 RWD & LR won't qualify for any Fed EV rebates, things are going to be very weird pricing wise:

• Model Y RWD: $36,490 (incl $7.5k EV rebate)
• Model 3 RWD: $38,990 (not eligible for EV rebate)
• Model Y LR: $41,490 (incl $7.5k EV rebate)
• Model 3 Performance: $43,490 (incl $7.5k EV rebate)
• Model Y Performance: $44,990 (incl $7.5k EV rebate)
• Model 3 LR: $45,990 (not eligible for EV rebate)
Guest
Guest #559 - 2 months ago
I have bought Model 3 a week back, it's a horrible process and attitude of the Fayetteville service center where I took the delivery, no validation checklist process, and arrogant replies. majority of replies are LIE's LIE's, my VIN# car was at the location for quite some time and they said it was delivered one day before my delivery. This particular was not kept clean or washed before bringing to delivery. After booking and assigning ViN# I had a conversation over the phone with the Sales rep who said the vehicle is here. my delivery was 10 days after that to arrange finance from my side. On the actual delivery day, the sales rep didn't show up. They don't have any feelings and take for granted these people booked and will take delivery.
Guest
Guest #298 - 2 months ago
Keep in mind Tesla always tries to get people to buy at the end of the year or quarter. Last year, my neighbor was called by Tesla stating if he doesn't take delivery now, he'll be pushed back to the back of the queue and may not get a Tesla for another 3 months. He pulled the trigger. Then they dropped the price on the Model Y. Again and again and again and he also missed out on the $7500 credit. Just saying.