Our cars are devalued significantly.

zvez

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I’m just wondering what’s going to be enough to set your user name change to Angrier Man. ?? I guess it’s going to be a doozie. ??
he unloads his mach e cheap, and the following month gets an offer to buy for thousands more! :)
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Snakebitten

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I'm getting pretty old.
So there are things I have to come to terms with that I HAVE come to terms with.

One of them is embracing the fact that I don't always make a perfect financial decision.
It really helped when the little happy face troll on my right shoulder pointed out to the little negative troll on my left shoulder that "yeah, that might not have passed the Dave Ramsey litmus test, but you gotta admit that he (me, the head separating the 2 trolls) ) has had a ball every time he gets in that thing"

Negative troll just replied "oh shut up"

When I was younger, I remember driving through a place like Louisiana, and there'd be a broken down old shack with a beautiful $100K Robollo Center Console tied to the dock. I'd make some snarky remark.

Now I'm that guy!

Like I said, having a ball.
I know I'm supposed to be unhappy about some 5 second rule with my GTPE. But I rarely if ever can find a situation that I can get away with more than 5 seconds of hooliganning at WOT.

Those 5 seconds are intoxicating.
 

AngryMan

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I’m just wondering what’s going to be enough to set your user name change to Angrier Man. ?? I guess it’s going to be a doozie. ??
That will be a dark day my friend.
Dark indeed
 

ipca204

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Post to a local GMC dealer that is selling a 2022 GT gray on gray similar to mine with only 16,000 miles for 38,000. What a depreciation so sad.

IMG_2763.png
yup, it sucks if you have to sell it or God forbid, get into an accident. The insurance company will pay us fair market value for the MME which could very well end up with a lousy deal.

That said, my 2021 GT is a hoot to drive! I’m enjoying it every time I get behind the wheel. I bought some extra gap insurance coverage and will do my best not to run into anything. Good luck!
$38.0000 is wayy high for that car where i live...lol
 


TheSteelRider

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OH MY GOD! Cars depreciate in value over time! Who woulda think?????? My entire life has now lost meaning. How can I carry on after such a profound realization so late in life?

Well, at least EVs don't lose range in the winter. At least that fact has not yet been disproven so I have hope.
 

GrantK

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If someone had no trade in and paid full MSRP for their Mach E, this does sting a little though.
This would be me...

I was transferred to the US in August '21 and therefore had no car to trade in. Bought my Select AWD at the worst possible time.

All that said, I am still happy with it and free charging at work does make up the difference along the way...
 

silverelan

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This would be me...

I was transferred to the US in August '21 and therefore had no car to trade in. Bought my Select AWD at the worst possible time.

All that said, I am still happy with it and free charging at work does make up the difference along the way...
Anybody who paid ADM on their MME is especially screwed.
 

Ajax

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Sort of related to this discussion—does anyone know carriers that provide gap insurance after purchase? I can't get it through my current auto provider and I'm a bit underwater since I put $0 down and didn't trade in my old vehicle. My Mach-E has been in 2 minor crashes and has 30k miles so its used value is not great. I don't really care since I plan on keeping it for a long time, but if it were totaled I'd be in a tight spot.

ETA: I tried through Ford Credit since I have Options, but they don't offer gap coverage after purchase, only at the time of the contract.
 

Mach1E

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Sort of related to this discussion—does anyone know carriers that provide gap insurance after purchase? I can't get it through my current auto provider and I'm a bit underwater since I put $0 down and didn't trade in my old vehicle. My Mach-E has been in 2 minor crashes and has 30k miles so its used value is not great. I don't really care since I plan on keeping it for a long time, but if it were totaled I'd be in a tight spot.

ETA: I tried through Ford Credit since I have Options, but they don't offer gap coverage after purchase, only at the time of the contract.
Yeah, hard to insure a loss after it’s already happened.

Would be like buying car insurance after a wreck or homeowners after the house already burned down.

Insurance companies aren’t dumb enough to take on that risk.
 

Kamuelaflyer

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Well, at least EVs don't lose range in the winter. At least that fact has not yet been disproven so I have hope
If Ford gave you the wrong battery you won’t have as much range in the winter. Anyone else notice this? :p
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