Prices on 2024 Inventory Were Just Dropped

[RustyLopez]

Unless intending an immediate buyout, leasing or financing an expensive vehicle in any way is a losing strategy. Put the same money away and pay cash when you can actually afford it. This is the best way to launch a financially successful life. Financing/leasing is betting against the house. A few have won due to propitious timing and external events, but it still isn’t a legitimate strategy.

It depends. I took the 1.99% Tesla financing rate on a CB last month. I could have paid cash, but I’m earning > 4% on my cash reserves now.

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[PungoteagueDave]

Just wait. They will go to 60K. Then 50K.

Yeah, stale, aging compared to 2025 production. But Tesla has a history of patience with excess inventory. They are trying to find the sweet spot to maximize margins but clear the deck. My sense is that it may require another $10k of incentives. Yesterday I saw three car carriers heading north on I-95 in Ft Lauderdale, loaded with 21 old-spec Model Y’s with factory plastic protectors. It isn’t just a couple thousand old CTs at this point. I would think it best to pull the bandaid quickly in Q2, take the hit, and have clean second-half ‘25 results. The only thing arguing against this is if the rumors are true that new MY inventory is already starting to back up. If that’s truly the case, I may be logical to maintain some of the old/new market and investment confusion throughout the year, arguing for dragging out the hangover. A year from now we should have refreshed MS, MX, MY, M3 production and a still-relatively new CT model, so the “aging models” story will be overcome, the political story will have abated, tariff impact will be known, and the market will have stabilized.

 

[PungoteagueDave]

It depends. I took the 1.99% Tesla financing rate on a CB last month. I could have paid cash, but I’m earning > 4% on my cash reserves now.

That’s one of the rare exceptions and even there we are talking hundreds of dollars saved, not thousands. For me it isn’t worth the paperwork hassle. And there are fees to account for.

 

[Trbizwiz]

I'm good with the current incentive, just need the low interest financing, and I'll going to pull the trigger. I do have an open referral that someone ordered last week. Hopefully that fills soon, and I get that credit applied to my account, before rates drop. Also, if you're already a Tesla owner, there is $1000 owner loyalty cash that stacks. If you're not a Tesla owner, the referral credit drops to 3 months free FSD trial. My referral gets the buyer the $1000 still, as she ordered the day before the incentive changed to FSD.
I suspect the next lever will be increased referral credit, and then probably low interest as June approaches, or right after earnings, depending on how all of that goes.
I really hope no one in the country is looking at that brand new "24 AWD with core wheels. I want that puppy to sit there until the interest rates drop. I do have a paid off trade, and off setting cash set aside, but I have a TSLA open buy order for $215, that I want to use that cash on. So cheap financing allows me to have a new Tesla, and more TSLA.

 

[BeFamousVideo]

Those items are really the only things that would make it worth it for me. I have reached out to ask about that. Listing shows that powershare bundle is included but the note under free supercharging says "not eligible for powershare voucher". The voucher isn't mentioned anywhere that I can find so I'm trying to get clarity on that. Also asked about the light bar as it is pictured with it but also doesn't state that it comes with it like it used to.

According to my electrician who was approved to install powershare. The $4k incentive ended in April 2025. I wasn't able to take advantage due to construction and will now attempt to convert the incentive to something else.

 

[Bohica450]

I was scheduled to take delivery of FS AWD this coming Saturday. It was a 2024 demo model and had been listed as repaired. I called this morning and got switched to a new unused unrepaired 2024 FS AWD and they gave me the price difference to the lower price. Now even more excited!

 

[Mini2nut]

Here is fresh doom and gloom article from Elrctrek regarding sliding Cybertruck demand. The site is typically negative towards Tesla.

https://electrek.co/

 

[vandytom]

Anyone with Commercial tax credits with this deal is a Steal!

 

[Great White]

How can I get the $7,500 discount if I don’t own a business? What the way to get this lower price?

Open an LLC

 

[mongo]

Open an LLC

You need business income to get a business tax credit (along with needing to use the vehicle for business).
Having an LLC in not required at the federal level.

 

[Trbizwiz]

You need business income to get a business tax credit (along with needing to use the vehicle for business).
Having an LLC in not required at the federal level.

Where the LLC helps is it clarifies that the vehicle is for business purposes. It cleans up the transaction. So everything looks clean on the return, which can help a audit be more seamless. But if you don't have business income, and a real business need for a business vehicle, you are going to run in to problems. If you go the business route, you may want to get a mileage tracker, and log all of your business miles. If you have to sit across the desk form an auditor, you'll want evidence to back up your claims.

 

[L3it3R]

Poor timing for me. We were just talking about potentially getting another AWD and this would be a great price (and on a FS to boot), but we were looking closer to end of year. Oh well.

 

[vandytom]

You need business income to get a business tax credit (along with needing to use the vehicle for business).
Having an LLC in not required at the federal level.

Yes. Sole proprietorship is a valid business too. Just need revenue as a biz. Prob can’t fake it.

 

[RustyLopez]

That’s one of the rare exceptions and even there we are talking hundreds of dollars saved, not thousands. For me it isn’t worth the paperwork hassle. And there are fees to account for.

2+% spread on $80K amortized over 6 years? No, the arbitrage is thousands, not hundreds. The first 12 months alone is something over $1,500.

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