Tax Incentives Gone - When Will Ford Slash Prices & How Much?

[nvabill]

Now that the tax incentives are all gone on the Mach E when will Ford slash the prices and for how much?

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[4sallypat]

Maybe after Elon drops prices on the Model 3 that lost the full $7500 tax credit ?

 

[nvabill]

Maybe after Elon drops prices on the Model 3 that lost the full $7500 tax credit ?

You are probably correct, Ford will again let Tesla lead the way, you would think by now Jim Farley would want to be a leader and not a follower! ?

 

[nvabill]

Maybe after Elon drops prices on the Model 3 that lost the full $7500 tax credit ?

Interestingly the Tesla Model 3 Performance still qualifys for the full $7500 credit.

https://www.theautopian.com/ira-irs-2024-ev-tax-credit-qualifies-list/#:~:text=There are not a lot,as the Chrysler Pacifica PHEV.

 

[4sallypat]

Interestingly the Tesla Model 3 Performance still qualifys for the full $7500 credit.

https://www.theautopian.com/ira-irs-2024-ev-tax-credit-qualifies-list/#:~:text=There are not a lot,as the Chrysler Pacifica PHEV.

Yes, but my wife is looking at the '24 Model Highland RWD which is ZERO credit.

Trying to sway her into a Lightning with $7500 credit but no go...

 

[Triggerhappy007]

We'll find out January 3rd since current incentives expires January 2nd.

 

[nvabill]

We'll find out January 3rd since current incentives expires January 2nd.

Good point

 

[leehinde]

Model Y is still eligible for the tax credit.

 

[phil]

Now that the tax incentives are all gone on the Mach E when will Ford slash the prices and for how much?

The tax incentives are not all gone. By law, the Mach-E still qualifies for $7,500 federal tax credit to lessors. When will Ford transparently credit the full $7,500 amount to lease customers?

I can't for the life of me understand why they have not done this long ago. Ford says it is "for competitive reasons." Which apparently means that they want to not be competitive??

 

[nvabill]

The tax incentives are not all gone. By law, the Mach-E still qualifies for $7,500 federal tax credit to lessors. When will Ford transparently credit the full $7,500 amount to lease customers?

I can't for the life of me understand why they have not done this long ago. Ford says it is "for competitive reasons." Which apparently means that they want to not be competitive??

Good point, I think they may very well have to at this point to remain anywhere competitive!

 

[4sallypat]

Good point, I think they may very well have to at this point to remain anywhere competitive!

Agreed - all other manufacturers pass along all or most of the credit as a lease cap cost reduction.

Guess we will have wait until the MME starts to pile up on dealer lots to force their hand ?

 

[dbsb3233]

You are probably correct, Ford will again let Tesla lead the way, you would think by now Jim Farley would want to be a leader and not a follower! ?

You don't lead by losing money. Or in the case of the Mach-E, even more money.

With so few EV models qualifying for the tax credit now, I'd be kind of surprised if they heavily discount it (and lose even more money). Of course, the Model Y is the biggie. Some trims of it still get the credit. But it's only a few Teslas, Rivians, the Bolt, and the Lightning now.

 

[nvabill]

You don't lead by losing money. Or in the case of the Mach-E, even more money.

With so few EV models qualifying for the tax credit now, I'd be kind of surprised if they heavily discount it (and lose even more money). Of course, the Model Y is the biggie. Some trims of it still get the credit. But it's only a few Teslas, Rivians, the Bolt, and the Lightning now.

True, if most have lost tax credit then everyone is competitively in the same boat.

 

[voxel]

Now that the tax incentives are all gone on the Mach E when will Ford slash the prices and for how much?

Or provide an incentive like Cadillac is doing. This was rumored but now confirmed. A friend wasn't going to take delivery of his Lyriq but probably will.

 

[KevinS]

Resale values have really created a situation where unless it significantly affects the car warranty (I think Kias are that way if you buy used) I'm seeing almost no reason to buy a an EV new off the lot.

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