I just bought a 2023 Tesla Model 3 for less than $30K

[CoopersDad]

With local, state, and federal incentives at $11,500, the Model 3 comes in under $20K.
I added Blue and 10-inch wheels and still came in under $20K, as it accepted a discounted demo.

The average private vehicle in America costs around $48K, so MSRP on a Model 3 is well below that.
I looked at and test drove a Chevy Bolt EUV and it was blah, not fun to drive, not at all quick.
I have owned a Volt for years and loved it but needed a replacement.

The Model 3 is perfect for me and affordable, I never thought I'd own one.

Looks like this:

[Native]

1. I hope you took possession of it by 4/17!

[CoopersDad]

5. No, I got it last Saturday on June 10. What is the 4/17 issue?

TIA

[Native]

9. The Fed tax rebate changed...

The battery components came into play after that date. The most you'll get is half of the $7500.

[CoopersDad]

11. That's not what my Federal Tax Rebate Application reads.

I believe the restoration of the $7,500 credit was restored for the Model 3, which had previously been reduced having met original sales goals.

https://www.theverge.com/2023/6/2/23747511/tesla-model-3-7500-tax-credit-ev

[Native]

13. Go to the IRS pub pages on this...

Last edited Thu Jun 15, 2023, 11:07 AM - Edit history (1)

There are two requirements, assembled in North America and battery component materials. This has nothing to do with quotas. We had a Volt as well and traded it in on a Bolt. Our Volt is involved in a class action lawsuit. We did a lot of research on this, our attorney was involved, and our tax accountant was involved. I don't have the time to send you the links right now to the documents, but a certain portion of the battery components (minerals) have to come from the US or certain countries deemed trade friendly or some other b******* terminology. The battery minerals issue was delayed but eventually became a requirement for any vehicle you take possession of after 4/17 of this year. There's an article floating around on the web in which GM purports to be the first to have a vehicle that will meet all the requirements, but they don't expect this to happen until 2025.

Edited to add link
https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after#:~:text=You%20may%20qualify%20for%20a%20credit%20up%20to%20%247%2C500%20under,cell%20electric%20vehicle%20(FCV).

[Miguelito Loveless]

2. Congrats, before

the Anti-Musk brigade jumps on you. I bought mine back before he went off the deep end and it is a wonderful and reliable car. And cheap to run. You could not pay me to go back to gasoline at this point.

[louslobbs]

3. Brigade?

a subdivision of an army, typically consisting of a small number of infantry battalions and/or other units and forming part of a division.
"he commanded a brigade of 3,000 men"

[Miguelito Loveless]

6. I was speaking metaphoricaly.

[louslobbs]

7. I see...

Thanks

[CoopersDad]

8. I had been nearly gas-free with my Volt until a hostile driver sideswiped me.

The pisser is that I had the car in for full coverage repairs and was in a rental.

Ten days into it, AAA called to say that my now disassembled but driveable car would be totaled.

I regret not slowing down and waiting for the July additional incentive, but two weeks of rental was going to cost close to the same and I wanted my car drama over.

Love the car, was already familiar with how to operate it. My first grade school teacher bought a Model Y a year ago.

They are no longer a rich person's car, especially the Model 3.

[Miguelito Loveless]

15. The Volt is a great car

And I recommend it to anyone looking to drive electric most of the time, but still worried about range. A shame they discontinued it in 2019.

[ms liberty]

4. Nice color. I really wanted a Tesla at one time, but I love my GTI Autobahn. n/t

[Silent Type]

17. That's a fine car. I plan to drive my 1.8T Golf until it dies, especially since they don't import

them anymore. Had one of the original GTIs in 1984.

[ms liberty]

18. I had an 03 GTI VR6 manual 6 speed first. The new one is a 2019.

I live in the rural NC foothills, and the GTI was made for curvy hilly driving. It is a joy to run to town

[claudette]

10. Nice!

Personally, I wouldn't buy anything that puts even one penny in Elon Musk's pocket. A Kia would be my choice.

[CoopersDad]

12. I've have driven a Kia Nero and a Hyundai Kona

As well as a few others, they were less efficient and seemed poorly designed.

Some of the new models of sedans look good but I've been a fan and understand the Tesla models.

I hate Musk, I'm with you there, but other manufacturers aren't angels, I'm sure, so decided to go with what works for me.

There sure are a lot of models out there, one could shop forever!

[claudette]

14. True

I wasn't trying to rain on your parade but there are so many good choices. It's up to each of us to weigh what we think is is best. Good luck. It is a nice looking car!!

[Alexander Of Assyria]

16. Nice! When batteries are even cheaper and more powerfull...threshold already reached?...

any fossil fuel vehicle be considered relics as much as a Model T!

This is the way, the future.

Tesla makes things people around the world want to buy, for a reason…revolutionary, ahead of its time..though that time is here, now!

[Finishline42]

19. Congrats

Paid extra for 10" wheels? haha I'm thinking you meant 20".

BTW, for all the back and forth on the $7,500 credit, here's a link from early June when Tesla confirms all Model 3's qualify.


https://insideevs.com/news/670403/all-tesla-model3-7500-federal-tax-credit/

[CoopersDad]

20. OOPS! Yes, I meant "19" wheels, not 10".

Thanks for the link.

I spent an extra $2,500 for the wheels and the blue color, well worth it and glad not to have paid $10K more for dual motors and long range.

270 miles is fine. New batteries permit 100% charging and the superchargers are everywhere, though 99% of the time I won't need them.