Wait for ‘22 Premium or buy ‘21 GT PE off lot?

[TGIF]

I’ve ordered a ‘22 Red AWD ER Premium. No production date yet, maybe April-June for delivery. My dealer just received a loaded ‘21 GT PE in Shadow Black. It is $12k more on the sticker. I can afford the difference, but really just want a car for around town, occasional trips to Costco (150 mi round trip), and will try a few road trips between 300-1200 miles, but do have another car if I find charging too stressful.

I’m agonizing over losing the tax credit now available and tempted to just bite and get more car performance-wise than I need. $5000 more for a GTPE would be a bargain if the tax credit goes away. Help me sort out the pros and cons, please, regarding comfort, resale, other considerations. Thanks.

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[Lord Polymath]

I would carefully weigh the options on both cars, you say the GTPE is loaded but does it have bluecruise, 360 cameras, etc? The premium will have a more luxury feel and might be more comfortable, but the GTPE has magnaride, etc. GTPE comes with summer tires so you might need to buy a set of winter tires. Lots of variables to consider.

 

[Davedough]

If I were in your position and could truly say to myself that I only needed the car for putting around town and an occasional Costco run, I wouldn't spend the extra money on the GTPE (I wouldn't spend $12k over MSRP anyway, but that's another issue).

 

[RickMachE]

As has been posted many times, the tax credit is not "going away". A different tax credit is proposed, with a potential MSRP limit, but no proof that the limit applies to options or not.

I would wait on the Premium. Paying over MSRP is ridiculous IMO. And I'd qualify for X-Plan immediately, so that at delivery (after confirming your dealer will take it), you pay less than MSRP.

 

[connoisseurr]

Your post is confusing so help me better understand by answering these questions:

1. You mentioned $12k more on the sticker - are you referring to a dealer markup, or referring to the difference in price between models?
2. If difference in MSRP price, is the dealer charging a markup for the GTPE? If so, what is that?
3. Why are you "agonizing" over losing the tax credit? Is the GTPE being sold new or used? If new, you'd also get the tax credit assuming you have up to $7500 in tax liability.
4. For a "car around town" both are accommodating. The premium sounds more desirable, with a significant cost savings. You'll not only need to factory in the difference in MSRP, but the potential ADM, as well as the difference in sales tax for the GTPE. Could end up being quite a few more $$$. Also check your local state incentives for rebates. You may qualify for extra rebates where sometimes an MSRP cap exists. (I'll use Delaware as an example - you can get an additional $2500 back for a BEV under $60,000 MSRP.)

The one thing I want you to focus on is the resale value portion. While the GTPE is a higher value, during resale, that may only cater to a select few individuals who want the sportiness and performance offered in the GTPE. You'll have many more buyers for the premium if you decide to sell and upgrade in a few years.

The way vehicle availability will be headed into the next few years, most of us would be able to get away with upgrading every year, since resale/trade-in values should be as high as we see them today. The trade-in, plus tax credit/rebate makes it almost worth it.

 

[RickMachE]

The way vehicle availability will be headed into the next few years, most of us would be able to get away with upgrading every year, since resale/trade-in values should be as high as we see them today. The trade-in, plus tax credit/rebate makes it almost worth it.

This ^^^^

My plan for retirement is to drive newer vehicles. With the current market, my revised plan is to assess valuations every 6 months, and consider constantly turning my "inventory", especially buying with A-Plan (which limits resale to after a 6 month holding period). If I can breakeven or better, there's no reason not to always have a new vehicle. None.

 

[Glen]

Sometimes I find myself in the same dilemma your in. EXACTLY. I have had 2 opportunities for a 21 GT. The differant front end and of COURSE extra horsepower, GT (name, badging, prestiege, etc) I have extra gas cars to. Had a GT. Oh the thrill of the GT, yes sir. On the other hand, I ordered a 22 premium, loaded, Grabber Blue, lite grey interior. I like the lighter interior, plus whatever little tweeks might have been done for the second model year. You know the "old wives tale" NEVER buy the first year. And the GTs werent outfitted the way I liked, no pano roof, no PE kit etc. So for now, I stay with my 22 premium order. And if in a year or 2 I must have the GT. By than it will be built even better I bet. I will just go get one. My humble 2 cents, best of luck on YOUR decision.

 

[connoisseurr]

This ^^^^

My plan for retirement is to drive newer vehicles. With the current market, my revised plan is to assess valuations every 6 months, and consider constantly turning my "inventory", especially buying with A-Plan (which limits resale to after a 6 month holding period). If I can breakeven or better, there's no reason not to always have a new vehicle. None.

Not a bad plan, haha. Yes agree - when you factor in ADXZ plans, it sweetens the pot. My current MY21 MME dealer hasn't said they're accepting X-Plan but I did find another dealer who would, and ordered a MY22. Will upgrade next year for sure after driving our MY21 Premium ER RWD - could change to AWD, especially getting through winter.

 

[TGIF]

The GT PE is now gone, but I found another GT. In my OP I was unclear, I did mean that the sticker price was $12k more. There was no ADM. I won’t pay an ADM. Found another GT, not a PE, at sticker which is $7k more than my Premium on order.
I think I’m just getting bored so want something new and different and as I said I’m worried that tax laws will change and the Mach E will be too high a MSRP to get a tax credit.
I also found a ‘21 premium but haven’t heard on it’s true availability. It’s just like I ordered except for interior color. Pros and cons of a ‘21 or ‘22 Premium?

 

[JRT]

I like my Premium a lot, but if I was faced waiting till maybe June 22 I'd probably jump on the GT now for the tax credit this year. You could always probably trade the GT in next year toward the Premium and due pretty well and get another credit next year

 

[lwilliams0514]

I’ve ordered a ‘22 Red AWD ER Premium. No production date yet, maybe April-June for delivery. My dealer just received a loaded ‘21 GT PE in Shadow Black. It is $12k more on the sticker. I can afford the difference, but really just want a car for around town, occasional trips to Costco (150 mi round trip), and will try a few road trips between 300-1200 miles, but do have another car if I find charging too stressful.

I’m agonizing over losing the tax credit now available and tempted to just bite and get more car performance-wise than I need. $5000 more for a GTPE would be a bargain if the tax credit goes away. Help me sort out the pros and cons, please, regarding comfort, resale, other considerations. Thanks.

I am not understanding..... buy the GT PE off the lot! The resell is going to be stupid on that car. Charging will be ok. Use the tax credit for installing a charger at home and get whatever credit/programs that the electric company has to offset the charging at home.

It would help if we knew what state you are in for incentive comparison....

 

[connoisseurr]

Pros and cons of a ‘21 or ‘22 Premium?

Not much. IMO anyone who opted for Iconic Silver on a MY21, I'm jealous. Rather upset they pulled that color moving forward. I saw one in person and wanted to order a MY22 in that color. Went Grabber Blue instead. Other than that, there are no significant changes to sway you either direction.

Your current options:

• Keep your premium order, or find another one available locally and save money
• Spend more money for enhanced styling, better performance, and from what others have said, less comfortable seats, in comparison to the premium seats (not my comments or opinions as I do not know).

 

[Neil4Real]

I would carefully weigh the options on both cars, you say the GTPE is loaded but does it have bluecruise, 360 cameras, etc? The premium will have a more luxury feel and might be more comfortable, but the GTPE has magnaride, etc. GTPE comes with summer tires so you might need to buy a set of winter tires. Lots of variables to consider.

Why do people keep saying the Premium has a more luxury feel? Other than the seats, the interior is basically the same?

 

[lwilliams0514]

I missed that part. Perhaps he can negotiate that down.

 

[Neil4Real]

The GT PE is now gone, but I found another GT. In my OP I was unclear, I did mean that the sticker price was $12k more. There was no ADM. I won’t pay an ADM. Found another GT, not a PE, at sticker which is $7k more than my Premium on order.
I think I’m just getting bored so want something new and different and as I said I’m worried that tax laws will change and the Mach E will be too high a MSRP to get a tax credit.
I also found a ‘21 premium but haven’t heard on it’s true availability. It’s just like I ordered except for interior color. Pros and cons of a ‘21 or ‘22 Premium?

No major changes between MY, not even minor that we see. They might have just smoothed out some things, but you won't notice a difference, I'd guess. I would say its probably only worth getting a GTPE over the Premium, not just a GT, for Magneride. I hate the suspension on the Premium, its pushing me to want a GTPE. The GT suspension is a slight improvement over Premium, according to others.

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