Good point, but I'm still thinking that getting what I can now for my 2021 is likely worth the gamble? So not sure... :^)
I guess that’s up to you. But in my opinion, the MME resale value has finished the steep drop and will level off. A new one will put you right back into the steepest drop. I totally understand wanting a new car, as I tend to want something new every few years. But just rolling into another MME (even a GTPE) doesn’t get you any new technology, and really isn’t different enough to be worth it to me.
So I think most of the advertised deals I've seen have been for 10,000 annual miles. The math will change a little of you do 12,000, of course. But I do not trust anything until I get numbers from a dealer on a car in stock. Some of these dealers' web calculators are showing lease numbers that make no sense - stupidly high!
No such thing. I checked with over ten dealers who had gtpe in stock. None were willing to discount a dime over what ford is offering. It’s new (reduced) msrp minus 3k for sale or 7.5k for lease. That’s it. And this is Chicago with 51 dealers in a 30 mile radius.
yes Many dealer promos don’t make sense but the BMW for example is BMW USA.
I agree with the General and I'd add that you can still buy a Ford extended warranty on your 2021. The cost of the warranty would be thousands less than the depreciation of a new GTPE, even with a $7500 tax credit on the leased car. There is no way that it makes economic sense to buy a new car to replace your current one. If you really want a GTPE, I suggest you look for a used one. There are lots out there and they're much less expensive than new. And the way Ford decontented the Mach E each year, the older the better!
Never put money down on a lease. Among other things if you total the vehicle the money is gone.This is what ford.com is showing for a GTPE.
I'm in a similar situation but will post separately with how I am approaching the math.
That's exactly what I did after purchasing a used 2021 California Route One in August. I now have bumper to bumper peace of mind until 2028, by which time EVs in general should be greatly improved. At age 77, I'm particularly interested in advances in Driver Assistance so I can keep driving safely into my 80s.
I'd offer $47,395. The new MSRP, less $7,500 lease tax credit, less $2,500 market adjustment.
Okay. Mach-E prices have been dropping all morning, which means that everybody's waiting for it to hit rock bottom so they can buy cheap and go long. Which means that the people who own the Mach-E inventory are goin' bat-shit. They're saying, "Hey, we're losing all our goddamn money, and Christmas is just around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip, right? And my wife won't f... my wife won't make love to me 'cuz I ain't got no money, right?" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now! I can feel it! They out there!
Take a chill pill, Phil! ???
Dealer is not getting anything from IRS. Once you lease a vehicle, Ford Credit owns it and will collect the IRS refund. Ford Credit is extending that to you in the form of cap reduction worth $7,500.
