Tesla offers big end-of-year discounts on Model Y and S

Tesla is giving sizable discounts — up to $4,870 — on select Model Y vehicles in inventory in the U.S. The Model S and X are seeing discounts, too. This is part of a year-end push to move vehicles out of inventory.

The discounts appear on the Model Y inventory page. Below are a few examples but many new and low-mileage demo Model Y inventory vehicles come with a range of discounts. First spotted by Sawyer Merritt.

For example, a long-range all-wheel drive Model Y demo vehicle (with 1,160 miles) costs $41,120 after federal tax credits of $7,500 and a “value adjustment” of $4,870 (that is, a discount). This long-range all-wheel drive Model Y includes extras like seven seats, 20-inch induction wheels, black forged paint, and a premium black and white interior. For comparison, a non-stock, specced Model Y with long-range all-wheel drive costs $45,990. The price difference is the discount of $4,870.

A Performance All-Wheel Drive Model Y Demo Vehicle (with 37 miles) is $41,320 with the $7,500 federal tax credit and a $3,670 price adjustment. That features Pearl White Paint, 21’’ Uberturbine Wheels, All Black Premium Interior, and the Performance Upgrade. For comparison, an identically spec’d non-inventory Performance AWD is $44,490. Another example: a Performance AWD (with 5 miles) is $42,090 with the $7,500 tax credit and a $4,900 price adjustment. New (non-demo) well-equipped Model Y Performance inventory is also being discounted.

Model S stocks with even bigger dollar discounts. A Model S AWD demonstration vehicle (with 959 miles) costs $76,200 with a price adjustment of $5,290. Another example: A new Model S Plaid costs $97,710 with a price adjustment of $5,280. The Plaid is also eligible for a $7,500 electric vehicle lease incentive and a business tax credit. Shares of the Model X are also discounted as high as $9,230.

Tesla offers a virtual smorgasbord of end-of-year incentives, 3 months off of fully autonomous (supervised) driving, and supercharging (delivery through Dec. 31). In addition, it loses Lifetime Supercharging when you purchase or lease a new Tesla Model S and loses Lifetime Supercharging when you purchase a new Cybertruck Foundation Series.

Tesla inventory is often the best price you can get. Much of the inventory is actually new with zero miles or just a few miles. And because Tesla is always pushing to clear inventory (especially at the end of a quarter when trying to hit delivery targets), deals pop up out of nowhere often.

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