What would make you cancel your Mach-E reservation and buy something else?

[machefan]

"What would make you cancel your Mach-E reservation and buy something else?"

- The MME not making it to the dealer after shipping
- The MME has a major issue from shipping
- The dealer plays me which I doubt they will at this point

I want my MME and I want it now

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[DaveRuns]

What would make me cancel my order and get something else? Hmmm.....I guess if someone knew my car was coming on 1 Feb and their car wasn't coming for another several months. Perhaps they make a decision that they really want an MME much faster and don't want to wait. Maybe they would like to make me an offer for my car (private sale) once it's delivered. If the offer wets my appetite, I'll gladly move on to something else or wait longer for another MME.

 

[GoGoGadgetMachE]

"What would make you cancel your Mach-E reservation and buy something else?"

I reserved this car in November, 2019, literally during the unveiling. That means we're now at nearly 13 months.

my car is literally built and waiting to be shipped.

it would have to take a HELL of a lot to cancel at this point. I have no idea what that would be. car self-destructing on the way to me? Dealer doing last-minute ADM? I dunno - something really big.

 

[engnrng]

This probably doesn't affect many here, but one consideration for me is the $7500 tax credit. Now that Dems have "gov't control", they plan to enact lots of costly programs and have already put us on notice that they intend to pay for those programs by taxing the "rich" (defined as income over $400k, including cap gains and dividends). As I said, I don't know how many on the forums here have income this high, but my wife is selling the business she built from scratch over the last 30 years, and is beginning retirement in 2021. Well deserved, but the sale involves reaping some cap gains that will put us over $400k for 2021. If this level of income eliminates the tax credit for us, I will not be buying the Mach E - very sad for me! Anyone hear anything yet about this? As I said, most on here probably do not have a worry about this, and those outside the US often do not have any tax credits at all, so have already reconciled to that fact. But those in the US who might be reaping some cap gains in the current churning stock market might also be affected.

 

[Kamuelaflyer]

This probably doesn't affect many here, but one consideration for me is the $7500 tax credit. Now that Dems have "gov't control", they plan to enact lots of costly programs and have already put us on notice that they intend to pay for those programs by taxing the "rich" (defined as income over $400k, including cap gains and dividends). As I said, I don't know how many on the forums here have income this high, but my wife is selling the business she built from scratch over the last 30 years, and is beginning retirement in 2021. Well deserved, but the sale involves reaping some cap gains that will put us over $400k for 2021. If this level of income eliminates the tax credit for us, I will not be buying the Mach E - very sad for me! Anyone hear anything yet about this? As I said, most on here probably do not have a worry about this, and those outside the US often do not have any tax credits at all, so have already reconciled to that fact. But those in the US who might be reaping some cap gains in the current churning stock market might also be affected.

There are no concrete proposals to change the tax code beyond the usual campaign rhetoric. Plus, there'll be a renewed emphasis on decreasing fossil fuel dependency (regardless of the source of the fossils) Odds of losing the tax credit are quite slim.

 

[ARK]

This probably doesn't affect many here, but one consideration for me is the $7500 tax credit. Now that Dems have "gov't control", they plan to enact lots of costly programs and have already put us on notice that they intend to pay for those programs by taxing the "rich" (defined as income over $400k, including cap gains and dividends). As I said, I don't know how many on the forums here have income this high, but my wife is selling the business she built from scratch over the last 30 years, and is beginning retirement in 2021. Well deserved, but the sale involves reaping some cap gains that will put us over $400k for 2021. If this level of income eliminates the tax credit for us, I will not be buying the Mach E - very sad for me! Anyone hear anything yet about this? As I said, most on here probably do not have a worry about this, and those outside the US often do not have any tax credits at all, so have already reconciled to that fact. But those in the US who might be reaping some cap gains in the current churning stock market might also be affected.

Long-term capital gains don’t count towards ordinary income, like a paycheck someone gets from work does. I think worst case scenario they could try to pass a law to disallow the tax credit for high income earners the way California did for its electric car tax credit, but again, long-term capital gains is different from ordinary income and I’d be surprised if there was an effort to drag in long-term capital gains into a potential tax credit phaseout for precisely the scenario you describe (one year of high earnings because a business built over a career is being sold at retirement).

 

[Mach-E VLOG]

This probably doesn't affect many here, but one consideration for me is the $7500 tax credit. Now that Dems have "gov't control", they plan to enact lots of costly programs and have already put us on notice that they intend to pay for those programs by taxing the "rich" (defined as income over $400k, including cap gains and dividends). As I said, I don't know how many on the forums here have income this high, but my wife is selling the business she built from scratch over the last 30 years, and is beginning retirement in 2021. Well deserved, but the sale involves reaping some cap gains that will put us over $400k for 2021. If this level of income eliminates the tax credit for us, I will not be buying the Mach E - very sad for me! Anyone hear anything yet about this? As I said, most on here probably do not have a worry about this, and those outside the US often do not have any tax credits at all, so have already reconciled to that fact. But those in the US who might be reaping some cap gains in the current churning stock market might also be affected.

There is nothing to "hear." No proposals have been made. No budgets have been submitted. No "costly programs" have been planned. No notices given.

 

[Billyk24]

There is nothing to "hear." No proposals have been made. No budgets have been submitted. No "costly programs" have been planned. No notices given.

On and after Jan 20th,ask the same question and compare the reply.

 

[AWDriftEV]

The thing that may make me cancel my order is this ordering process. Ford Inc and my dealer are completely out of sync. They are complaining about fords reservation and ordering process and putting me in the middle of getting things done. Im now getting annoyed.

 

[GoGoGadgetMachE]

The thing that may make me cancel my order is this ordering process. Ford Inc and my dealer are completely out of sync. They are complaining about fords reservation and ordering process and putting me in the middle of getting things done. Im now getting annoyed.

this is a legitimate annoyance from your viewpoint - although everything we've been told to this point is that if your dealer is complaining, it's either because they are dumb (being harsh here on purpose) or because they don't like being forced to do MSRP, etc. because up front pricing, etc. it's not really Ford's side, it's the dealer's side.

now of course, you could argue that ultimately Ford owns responsibility for the dealer experience, etc., but that's a whole different discussion that is not specific to the Mach-E and has been somewhat litigated to death on other threads on here.

 

[AWDriftEV]

this is a legitimate annoyance from your viewpoint - although everything we've been told to this point is that if your dealer is complaining, it's either because they are dumb (being harsh here on purpose) or because they don't like being forced to do MSRP, etc. because up front pricing, etc. it's not really Ford's side, it's the dealer's side.

now of course, you could argue that ultimately Ford owns responsibility for the dealer experience, etc., but that's a whole different discussion that is not specific to the Mach-E and has been somewhat litigated to death on other threads on here.

Agreed.. This is the one and only big issue that I have and I am guessing this will lead to most canceled orders. The car looks fantastic.

 

[DaveRuns]

This probably doesn't affect many here, but one consideration for me is the $7500 tax credit. Now that Dems have "gov't control", they plan to enact lots of costly programs and have already put us on notice that they intend to pay for those programs by taxing the "rich" (defined as income over $400k, including cap gains and dividends). As I said, I don't know how many on the forums here have income this high, but my wife is selling the business she built from scratch over the last 30 years, and is beginning retirement in 2021. Well deserved, but the sale involves reaping some cap gains that will put us over $400k for 2021. If this level of income eliminates the tax credit for us, I will not be buying the Mach E - very sad for me! Anyone hear anything yet about this? As I said, most on here probably do not have a worry about this, and those outside the US often do not have any tax credits at all, so have already reconciled to that fact. But those in the US who might be reaping some cap gains in the current churning stock market might also be affected.

Sir, I'm no tax advisor, but I'm currently in an MBA program and investment is my focus area. Additionally, I did fairly well in Tax law in Law School (granted years ago haha). Anyways, if you're concerned about your upcoming tax liability, I would suggest you look at ways of shielding yourself by re-investing the proceeds from the business sale--that way your capital gains would be minimized. Find an accountant that can help guide you. There are ways (legally).

 

[Nick Nick]

All of you having to check with your wives...one of the advantages of being a single dude is I can do what I want. (Of course there are advantages to not being single also)

The only thing that could make me cancel my reservation if something coming out I like more. I've been following the ID.4 for a long time. Loved the concept version...have only seen a camo of the production version. So we'll see.

You get it!

the only thing stopping me is the hugs and kisses putting her foot down

 

[trutolife27]

Sir, I'm no tax advisor, but I'm currently in an MBA program and investment is my focus area. Additionally, I did fairly well in Tax law in Law School (granted years ago haha). Anyways, if you're concerned about your upcoming tax liability, I would suggest you look at ways of shielding yourself by re-investing the proceeds from the business sale--that way your capital gains would be minimized. Find an accountant that can help guide you. There are ways (legally).

and you don't have to use it all in one year. My sister is a big tax person. She owns 12 liberty tax offices.
She owns 2 teslas. How about that I work for ford and she owns 2 teslas lol.
But she is selling one and ordered a mache. Why like most many other people did she buy tesla? There was nothing else. Now there is. She is looking at the Porsche also for next year. She will make money selling her tesla model 3 also. With the ford A-plan, tax credit, and she has 500 loyalty cash.

the taxes are like this.
It only offsets what taxes u will owe as far as taxable Not what u actually withhold. It’s not refundable It’s based off ur wages more withholding.

 

[trutolife27]

Sir, I'm no tax advisor, but I'm currently in an MBA program and investment is my focus area. Additionally, I did fairly well in Tax law in Law School (granted years ago haha). Anyways, if you're concerned about your upcoming tax liability, I would suggest you look at ways of shielding yourself by re-investing the proceeds from the business sale--that way your capital gains would be minimized. Find an accountant that can help guide you. There are ways (legally).

dave is right

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