dml105

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A car is not an investment.

We early adopters paid a premium to grab hot new tech when it was scarce and demand exceeded supply.

Market forces, yo!

Now the trick is figuring out how to take advantage of it, not bemoan its existence.
Sponsored

 

devmach-e

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This is great :-/ Been paying for almost two years a five year loan. The new car costs less than I have left to pay.

Can I get a price adjustment?
Did you get a $7500 tax credit?
 

devmach-e

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The issue is not that your car is worth less. It is practically worthless. Big difference.
I call BS. The car is worth less than before, yes. Worthless implies no value at all and no matter what you priced it at, you would get no offers at all. There will be a floor for the car's value after all this. Probably somewhere between $25K and $30K. This is only a problem if you trade your car in every few years. If you keep a car for 5 to 10 years, it's way less of a problem. People who feel the need to trade in their cars every few years would probably be better off leasing.
 

kennethjk

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Come on guys! You can do better than that Ford. I still have a few dollars value in my 21. Crush it! We're so close.

As I sit here without my car, for almost a month, for minor repairs that take a lifetime. I can't recommend anyone buy a MME unless they don't actually want a car for 365 days a year. I've got a much bigger rant in my head that I just can't care to write.
Remind me, why is your car in the shop again?
 

GreaseMonkey

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I call BS. The car is worth less than before, yes. Worthless implies no value at all and no matter what you priced it at, you would get no offers at all. There will be a floor for the car's value after all this. Probably somewhere between $25K and $30K. This is only a problem if you trade your car in every few years. If you keep a car for 5 to 10 years, it's way less of a problem. People who feel the need to trade in their cars every few years would probably be better off leasing.
Call BS all you want. If you are such a stickler for accuracy, go read my comment with your glasses on. Oh, and don’t use the word “few” cause it means more than a “couple” and less than “many” with enough gap to drive a semi through.
 


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CSP 22p31 Parking brake harness
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Alignment
 

phil

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No, one or the other. Retail is only for buying. So it’s just the $7500 for leasing.
Quoting from OP: "Additionally, Ford pointed out that any 2023 Mustang Mach-E leased through Ford Credit is eligible for a $7,500 cash incentive. That’s in addition to the $7,500 federal tax credit for EV leases Ford passes on to its customers..."

So, GT New MSRP $52,395 - $7,500 cash incentive - $7,500 additional federal tax credit pass thru = $37,395 (plus destination) lease price for a new GT.

Do I have that right? Seems low...
 

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Call BS all you want. If you are such a stickler for accuracy, go read my comment with your glasses on. Oh, and don’t use the word “few” cause it means more than a “couple” and less than “many” with enough gap to drive a semi through.
Okay, if we're going to play the "be specific game", I'll rephrase my statement to be "This is only a problem if you trade your car in every 2 to 4 years." So in the spirit of that, please give me a dollar figure for what worthless is to you.
 

areacode413

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Seeing 3k off and 0% for 72mo here in ma for people who finance. Have not seen reduced MSRPs yet.
 

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Okay, if we're going to play the "be specific game", I'll rephrase my statement to be "This is only a problem if you trade your car in every 2 to 4 years." So in the spirit of that, please give me a dollar figure for what worthless is to you.
Like I said: practically worthless. Words matter.
 

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Like I said: practically worthless. Words matter.
So in other words, you are weaseling out of providing a definition because you used a word that might mean "almost, but not completely or exactly" or it could mean "to describe something that involves real actions or events rather than ideas or theories."

So which version of practically are you putting forth here? Or are you just trying to get out of putting forth a real figure? The car will be worth more than $0. More than likely it'll be worth more than $20K. $20K isn't worthless. In fact, most people would say that's a significant amount to be worth, even if it is a fraction of what it cost new.
 

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My dealer sent me this today. Getting interesting for sure.
IMG_9238.jpeg
Does the AXZD Plan Cash go on top of X-plan pricing, or is that basically the x-plan pricing replacement since it used to be lower for the earlier models?
 

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Quoting from OP: "Additionally, Ford pointed out that any 2023 Mustang Mach-E leased through Ford Credit is eligible for a $7,500 cash incentive. That’s in addition to the $7,500 federal tax credit for EV leases Ford passes on to its customers..."

So, GT New MSRP $52,395 - $7,500 cash incentive - $7,500 additional federal tax credit pass thru = $37,395 (plus destination) lease price for a new GT.

Do I have that right? Seems low...
No. It’s only $7500 one time for leasing. There is no more tax credit.
 

GreaseMonkey

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So in other words, you are weaseling out of providing a definition because you used a word that might mean "almost, but not completely or exactly" or it could mean "to describe something that involves real actions or events rather than ideas or theories."

So which version of practically are you putting forth here? Or are you just trying to get out of putting forth a real figure? The car will be worth more than $0. More than likely it'll be worth more than $20K. $20K isn't worthless. In fact, most people would say that's a significant amount to be worth, even if it is a fraction of what it cost new.
Other members understood my post for the joke that it is, but no, you want to turn the joke into a valuation exercise. I actually don’t care how much the car is worth. If I did, I wouldn’t have spent ~$5k on winter tires mounted to OEM wheels and PPF-ed the front end (all of which are not valued by a future buyer). But you do you.
 

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