Tesla Model 3 RWD Now Eligible for full $7,500 federal tax credit

It is not necessarily correct as you are marking at least two assumptions: electricity is produced only from fuel and efficiency of making electricity from fuel is the same or worse than the car using fuel. //@anonymous: I would say Electric car even worse in terms of energy efficiency. Why? To use electric car, you will first need convert fuel to electricity in the plant, then charge to the car battery, while for gas cars, fuel has been converted into electricity directly, only one step. Make sense?

Centralized electricity generation and distribution is always way more efficient.

Imagine running a gas powered generator in every home versus receiving energy from the grid that generates electricity centrally and distributes. //@anonymous: I would say Electric car even worse in terms of energy efficiency. Why? To use electric car, you will first need convert fuel to electricity in the plant, then charge to the car battery, while for gas cars, fuel has been converted into electricity directly, only one step. Make sense?

I would say Electric car even worse in terms of energy efficiency. Why? To use electric car, you will first need convert fuel to electricity in the plant, then charge to the car battery, while for gas cars, fuel has been converted into electricity directly, only one step. Make sense?

Tesla is over priced. May be worth $23000, not $42000.Do the math. This is not going to save money. Zero pollution is a gimmick. Electricity to charge is generated at a plant which pollute the environment.

According to the IRS 2020 data, among the 164M tax filings, only a few million filers have AGI above $300K, adding the single filer with AGI >$150K etc it's barely 10M. However there are another ~130M filers with income so low that their tax obligation before any tax credit will be lower than $7500. Less than 30M filers are eligible to full $7500 tax benefit if they don't have any other non-refundable tax credit (but most of them have other credit like education cost etc). So only ~10M filers are eligible to the full EV tax credit, with another 30-40M can have most of the credit. //@Anonymous: dude, it's so easy for a young developer to get 300k/y after 3-year graduation //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

Went to a dealership and verify the car paint is bad like everyone else says, it even have a dent on the body (outward dent - must be from factory), inside is very bland, heard the ride is not enjoyable as well. No wonder they said the quality and reliability is poor. //@Anonymous: Go test drive and decide for yourself. Do not go by opinions of morons who spill nonsense on the internet.

The prime is definitely much better than Model 3. Similarly powered, no worry about range, and much better build quality. The only problem is that Toyota can't build them in the US and can't build enough of them //@Anonymous: In am in no way promoting Tesla but to compare it against Corolla hybrid is unfair. You should at least compare it against Prius or Prius prime, which would cost between 33k to 40k depending on the trim //@anonymous: 40250 - 7500 (tax credit) + 1500 (charger installation) = 34k+ for a small car with questionable reliability and spartan interior. Enhanced Auto Pilot that comes with some cool features is an extra 6k. If you drive less than 10k miles per years it will take forever to make up for the $10k difference between Model 3 and a Corolla Hybrid.

Then get a wifi to double your tax credit qualifying income limit //@anonymous: Darn! My income is too high to get any credit on EV.

We didn't ask, but we sure do appreciate his prudent decision making and his focus on attaining an admirable goal. //@Anonymous: No one asked //@anonymous: I'm saving my money for the iphone15

How much does it cost for insurance comparing to an ice car?

That's the reason this news is about, it changed to full $7500 credit. //@anonymous: Based on https://fueleconomy.gov/feg/tax2023.shtml, only $3750 tax credit for model 3.

No one asked //@anonymous: I'm saving my money for the iphone15

Cosco doesn't exist in many states. Some areas have BJs Club only or Sams Club only. //@anonymous: Why would that be a huge issue? I assume most people here have Costco membership… //@anonymous: Once I heard you can’t even change your own tire, you have to call them, I was out!

Can't say anything good or bad for the car, as I don't have one. However, I would jump in and buy one if I can get the tax credit. I have solar for my house, so it is an easy choice. The pure reason why I don't buy one yet - it hurts my feeling that the government is treating me differently despite of sizable taxes I paid! Work hard and achieve my financial goal shouldn't be an excuse to penalize.

Based on https://fueleconomy.gov/feg/tax2023.shtml, only $3750 tax credit for model 3.

dude, it's so easy for a young developer to get 300k/y after 3-year graduation //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

Some weird and nonsense comments here. No one seems to have driven a Tesla or owned it when they compare Tesla with cheap, low end cars like Kia, Corolla or Bolt. I own a 2023 Tesla model 3, got it in March and I really love it. Great car and technology! Superb acceleration, range, audio system etc.

The kit includes a jack, lug wrench, and an inflation kit to temporarily repair a damaged tire until mobile tire service can arrive. //@anonymous: Dude you got false information. You can totally buy aftermarket tires. //@Anonymous: Once I heard you can’t even change your own tire, you have to call them, I was out!

I am going to get iPhone Ultra. //@Anonymous: I'm saving my money for the iphone15

great car, great deal.

I'm saving my money for the iphone15

I would not jump in yet until fueleconomy website updates the information to make sure it reallu is official.

Making $130k in LA, still using this site often //@anonymous: I make about 325K per year living in NC. I still love a good deal. But I don't think a Tesla is a good deal, even if I would get the tax credit.

I have been using this website since 2007 and have bought lots of things based on it.

Show me the 8 pack of deodorant for $1. I'll get 2.... //@Anonymous: So why are you in this site? //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

I think the tax credit phrases out completely at 300K //@anonymous: I make about 325K per year living in NC. I still love a good deal. But I don't think a Tesla is a good deal, even if I would get the tax credit.

I have been using this website since 2007 and have bought lots of things based on it.

Show me the 8 pack of deodorant for $1. I'll get 2.... //@Anonymous: So why are you in this site? //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

Please don't hate Corolla. Nothing wrong with the product itself. As a matter of fact, Corolla is a very good product. //@Anonymous: Then Corolla is your best choice //@anonymous: Darn! My income is too high to get any credit on EV.

haha,good luck try to find one! Toyota public said the production number for prius prime will be 10,000 in 2023 and 15,000 in 2024. you should be ready for your local dealer markup $5-10,000 on each of them. //@Anonymous: Not so exciting, would rather buy a new Prius Prime

I make about 325K per year living in NC. I still love a good deal. But I don't think a Tesla is a good deal, even if I would get the tax credit.

I have been using this website since 2007 and have bought lots of things based on it.

Show me the 8 pack of deodorant for $1. I'll get 2.... //@Anonymous: So why are you in this site? //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

Why would that be a huge issue? I assume most people here have Costco membership… //@anonymous: Once I heard you can’t even change your own tire, you have to call them, I was out!

Dude you got false information. You can totally buy aftermarket tires. //@Anonymous: Once I heard you can’t even change your own tire, you have to call them, I was out!

So why are you in this site? //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

Once I heard you can’t even change your own tire, you have to call them, I was out!

In am in no way promoting Tesla but to compare it against Corolla hybrid is unfair. You should at least compare it against Prius or Prius prime, which would cost between 33k to 40k depending on the trim //@anonymous: 40250 - 7500 (tax credit) + 1500 (charger installation) = 34k+ for a small car with questionable reliability and spartan interior. Enhanced Auto Pilot that comes with some cool features is an extra 6k. If you drive less than 10k miles per years it will take forever to make up for the $10k difference between Model 3 and a Corolla Hybrid.

Teslas drive like an oversized golf cart. There is NO handling!

I tested drove them all and the EV models from any real car company beats Tesla hands down. And many provides advanced assistive driving features for free. (Not like the Tesla scam artist charges a fortune for the same stuff. Actually the so called FSD is worse than some of the features on the GM Ford or VW EVs) //@anonymous: regenerative brake applied all time, my wife rejected tesla as a passenger due to motion sickness. It takes some adjustment to get use to driving and test drive went terrible.

Not so exciting, would rather buy a new Prius Prime

I've had 3 priuses, bought each of them new, 05, 10 and 16, now I have a 2023 Bolt EUV. Never had any battery problem with any of them, I tend to keep them for 10 years 125kish miles. I currently still have the 2016 Prius and the bolt ofcourse. //@Anonymous: People said this about the Toyota Prius and mine is still running without a battery change 20 years later, 300,000+ miles. //@anonymous: Too early to buy an BEV rather than a Hybrid if you don’t want to change the battery pack after 10 years later.

Stunning drive. I have been driving for 2 years. Don’t listen to people and look at YouTube videos. I recommend talk to people who own this fantastic vehicles.

LOL, //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

People said this about the Toyota Prius and mine is still running without a battery change 20 years later, 300,000+ miles. //@anonymous: Too early to buy an BEV rather than a Hybrid if you don’t want to change the battery pack after 10 years later.

Instructions unclear. Purchased BMW i3. //@anonymous: Tesla is the worst car ever. Only nightmares after I got one last year.

Rattles everywhere, bad workmanship, unaligned panels. Road noise loud like a tractor from 1940s, poor suspension your ass will feel every single pot hole on the road. FSD is the biggest scam of them all.

Don’t listen to the paid trolls. Avoid at all costs. Get a VW Ford or Hyndai KIA EV you will thank me.

regenerative brake applied all time, my wife rejected tesla as a passenger due to motion sickness. It takes some adjustment to get use to driving and test drive went terrible.

You've gotten unlucky or have a old model. I know atleast 50-60 people who have 2021 or newer. Very minor issues and road noise is way better due to double insulated windows. Tesla is not a luxury car by any means but great tech and enjoyable every day drive //@Anonymous: Tesla is the worst car ever. Only nightmares after I got one last year.

Rattles everywhere, bad workmanship, unaligned panels. Road noise loud like a tractor from 1940s, poor suspension your ass will feel every single pot hole on the road. FSD is the biggest scam of them all.

Don’t listen to the paid trolls. Avoid at all costs. Get a VW Ford or Hyndai KIA EV you will thank me.

I got a bolt euv in March, love it so far, but they are discontinuing it at the end of the year so I hope I can get parts in 10 years //@anonymous: Tesla is the worst car ever. Only nightmares after I got one last year.

Rattles everywhere, bad workmanship, unaligned panels. Road noise loud like a tractor from 1940s, poor suspension your ass will feel every single pot hole on the road. FSD is the biggest scam of them all.

Don’t listen to the paid trolls. Avoid at all costs. Get a VW Ford or Hyndai KIA EV you will thank me.

Owner of a Model Y, which is a little bigger and taller than a Model 3, for one and a half year. 9 out of 10 for me.

The income limit is too low. In CA a basic income will be higher that, so most people cannot get the credit. //@Anonymous: Darn! My income is too high to get any credit on EV.

Tesla is the worst car ever. Only nightmares after I got one last year.

Rattles everywhere, bad workmanship, unaligned panels. Road noise loud like a tractor from 1940s, poor suspension your ass will feel every single pot hole on the road. FSD is the biggest scam of them all.

Don’t listen to the paid trolls. Avoid at all costs. Get a VW Ford or Hyndai KIA EV you will thank me.

Then Corolla is your best choice //@anonymous: Darn! My income is too high to get any credit on EV.

Tax is applied from where you register your car and not where you made the purchase.

//@Anonymous: In some states, sales tax is waived on EV. That can add to the equation on saving + some states has individual incentive as well.
For example in NJ, no sale tax and $2000 credit for EV. That make it to more reasonable price. For the charger, if you want save every penny, you can just use NEMA connector, which cost you a lot less. //@Anonymous: 40250 - 7500 (tax credit) + 1500 (charger installation) = 34k+ for a small car with questionable reliability and spartan interior. Enhanced Auto Pilot that comes with some cool features is an extra 6k. If you drive less than 10k miles per years it will take forever to make up for the $10k difference between Model 3 and a Corolla Hybrid.

Darn! My income is too high to get any credit on EV.

Thrifty people exist in every income bracket. There are lots of folks here who can afford this but make too much money to even qualify for the tax break //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal. //@anonymous: These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

I agreed. Test drive first and leave comments. ICE drivers have no clue about EV acceleration.I wish there is a video showing accelerations between ICEs and EVs in various conditions and sppeds. Charger installation is not really needed but recommended. //@anonymous: Go test drive and decide for yourself. Do not go by opinions of morons who spill nonsense on the internet.

These comments are dumb. None of the people that browse this site can afford a car let alone a Tesla. They’re jumping at that 8 pack of deodorant for a dollar deal.

Well, you have to hold onto something to justify the wrong choice. //@anonymous: I like my EQS better

Not qualified for the federal tax credit and no state credit either :-(

Tesla best car ever owned. Highly recommended.

Too early to buy an BEV rather than a Hybrid if you don’t want to change the battery pack after 10 years later.

Go test drive and decide for yourself. Do not go by opinions of morons who spill nonsense on the internet.

In some states, sales tax is waived on EV. That can add to the equation on saving + some states has individual incentive as well.
For example in NJ, no sale tax and $2000 credit for EV. That make it to more reasonable price. For the charger, if you want save every penny, you can just use NEMA connector, which cost you a lot less. //@Anonymous: 40250 - 7500 (tax credit) + 1500 (charger installation) = 34k+ for a small car with questionable reliability and spartan interior. Enhanced Auto Pilot that comes with some cool features is an extra 6k. If you drive less than 10k miles per years it will take forever to make up for the $10k difference between Model 3 and a Corolla Hybrid.

I like my EQS better

Brilliant judgment //@anonymous: 40250 - 7500 (tax credit) + 1500 (charger installation) = 34k+ for a small car with questionable reliability and spartan interior. Enhanced Auto Pilot that comes with some cool features is an extra 6k. If you drive less than 10k miles per years it will take forever to make up for the $10k difference between Model 3 and a Corolla Hybrid.

You make some points.., but to compare a model 3 with Corolla is a stretch as they have very different build quality. //@Anonymous: 40250 - 7500 (tax credit) + 1500 (charger installation) = 34k+ for a small car with questionable reliability and spartan interior. Enhanced Auto Pilot that comes with some cool features is an extra 6k. If you drive less than 10k miles per years it will take forever to make up for the $10k difference between Model 3 and a Corolla Hybrid.

Ugly car. Cadillac LYRIQ is much better

40250 - 7500 (tax credit) + 1500 (charger installation) = 34k+ for a small car with questionable reliability and spartan interior. Enhanced Auto Pilot that comes with some cool features is an extra 6k. If you drive less than 10k miles per years it will take forever to make up for the $10k difference between Model 3 and a Corolla Hybrid.