Well don't keep us in suspense. What did you get? What is your trim model and how many miles were on her?
I think it's fair to say the used car market is softening. But describing the current used car market as soft doesn't seem accurate to me.
Why aren't you getting them yourself?
Very simple ... just go to Ford web, go to their trade in estimator and get a value subject to a final inspection. The advantage of trade in at a dealer where you will be purchasing your next new car, is lower sales tax, you pay only the net value of the new vehicle unless you are in the states where EV's are exempt from sales tax/registration fees, i.e. NJ. Don't take it as the absolute value but use as a base ...sometimes even though dealer's trade in value is lower but at end of the deal your out of pocket cash out could be much lower if your factor in sales tax, financing interests, etc.. PS: Even though 2023 Mach-e does not qualify under the X-Plan but to go to the dealer with an X-Plan voucher and compare the documentation & registration fees, these fees are capped under X-Plan ....tell them you are entitled to X-Plan pricing and use the X-Plan as bargaining tool.
In SOME states, you get a credit for the full price of the trade-in when computing sales tax.
And in SOME states, you get a full credit regardless of who you sell the old car to.
Yes ... you are correct! What I am saying is that you have to compare all the factors, not just the trade in value of the car. In my case, I bought mine in May '21 under X-Plan and I did use the Ford credit with balloon final payment, so my out of pocket expenses was truly low.
I used the term that 4 managers told me at 4 different dealerships. I thought that Mach-E demand would be a little bit better with 2023 coming, but I saw various posts that people witnessed that their trade-ins were sold cheaper than trade price. I personally witnessed same and thought it was just mine situation.
I’ve said this before, and I’m sure I’ll say it again:
