Tesla valuation have been popping up all over the map over the past few months, as the automaker started cutting MSRPs after a long period of price increases. If you are ready buy car already in its stock, Tesla Offer discounts on several models, including 3 . sample. A brave Twitter (hem, “X”) user posted a tempting account of buying a Model 3 being discounted to less than $14,000 after local, California, and Federal offers were applied.
Just got a Tesla Model 3 in CA for $13,620 before taxes and fees! Thanks to a unique combination of state/local rebates, federal tax credit and $4120 off inventory, I got this great deal!! 😍
Detailed analysis below👇 #Tesla #Model3 $TSLA pic.twitter.com/sL7cHQxOGc
– Zohar (@Zoron9102)
July 20, 2023
Zohar posted their prices on the social media site, claiming that they could buy a Model 3 for $13,620 after deals and discounts. The story sounds dubious, but a little digging has revealed that it is indeed reasonable, although the discount varies depending on where the buyer lives in California. Zohar rides $4,120 off, $7,500 off car discount$4,000 incentive from local community energy program, $4,000 Monterey Bay Air District incentive and $7,500 federal tax credit.
A quick search on California’s DriveClean site reveals that discount – at least most – are real. We found a $37,830 Model 3 RWD for sale on Tesla’s website. Using the San Francisco zip code, the CA website offered us a $4,500 California Clean Vehicles Discount, an income dependent supplement of $5,500 sale offand a $7,500 federal tax credit. Although the federal tax credit is not an immediate discount, it still applies. That brings our price for a Model 3 up to $20,330 — not as cheap as Zohar’s cars, but a fair price nonetheless. Interesting, we can buy one Chevy Bolt for about $9,000 using similar discounts.
California is a unique state in that it generally national leaders in tram receive and use. It also offers stronger incentives than most other states, so this type of price manipulation may not be feasible elsewhere. Most people can take advantage of the federal tax credit, even if they live in a state that isn’t tram-friendly.
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