Tesla is seriously clearing out its inventory going into the end of the year, offering huge discounts on nearly its entire lineup. The most attractive deals come in the Model Y, where some buyers might shave almost $5,000 off their price.
The biggest saving would be in the Model Y Long Range All-Wheel Drive model. For example, one demonstration vehicle with less than 1,000 miles is available at $41,120, with a combination of a $4,870 discount and the $7,500 federal tax credit.
This model is particularly well-equipped with premium features such as a seven-seat configuration, 20-inch Induction wheels, and an attractive Black and White interior. The same car would normally cost $45,990 without the discount.
The sportier Model Y Performance variant is not immune. Tesla is selling demo vehicles with barely any miles on them at deep discounts.Â
Major Price Reductions on Tesla Vehicles
A standout deal features a Performance model with just 37 miles on it and is priced at $41,320 after federal tax credit and with a $3,670 discount. This version will come with desired features like Pearl White Paint and 21-inch Uberturbine wheels. There’s also a Performance model with only 5 miles on it at $42,090 with the same kind of incentives.
And the deals don’t stop there. The luxury sedan that is the Model S is getting even deeper discounts. Some demo models are showing over $5,000 shaved from its price. One of the most fascinating deals is the demo Model S AWD with less than 1,000 miles, which can be obtained for $76,200 after a price adjustment of $5,290.
The high-performance Model S Plaid is also offered in the sale with new vehicles available at $97,710 after a discount of $5,280. And Plaid buyers can potentially save even more using a $7,500 EV lease incentive and business tax credits.
The Model X, Tesla’s luxury SUV, is the one that is being cut the most dramatically, with some vehicles receiving cuts of up to $9,230. It is therefore a good time for buyers who have been looking at Tesla’s largest and most expensive model.
Model X Sees Largest Discounts
These discounts seem to be part of a scheme for Tesla to get more sales numbers before the year ends common practice in the automobile industry. Actually, the company is only trying to get rid of its inventory vehicles-that is, new cars that are already built and demo vehicles that have low mileage. As such, buyers will get their cars immediately instead of waiting for a custom order to be built.
These year-end discounts might just be the right moment for waiting would-be Tesla buyers who have been waiting for the right time to make their purchase. The combination of direct price cuts and federal tax credits brings the cost of Tesla ownership down to some of the lowest levels we have seen, especially for the popular Model Y lineup.
These are available on Tesla’s inventory page, and the interested buyer can view what is available and see the discount applied to a specific car. Because these are inventory vehicles, eligibility for any of these deals would depend on location, and the best deals would likely be gone overnight as buyers take in the year-end savings.
