Ford offer

[Almondtree]

Yesterday I got an email from my local dealer saying "we want your car" or something to that effect. Which translates to we'll take your car and put you in a new one. BTW, they have 50 new Mach E's on their lot and that's probably why they want existing customers to trade up. Anyway, since I've been wanting to trade my 2021 which just turned 2 years and get a lease on a new one, I sent a return email. Why do I want to trade up? We bought the car with Ford Options for 48 months because I thought we would keep it but I would rather have a lease on a new car since the technology keeps changing.
Anyway, one guy called and told me I have to bring in the car. I told him that they have the mileage (13,300) and the car is in excellent condition, so just give me your best price. Then I get a call from the used car manager and go through the same thing and told him I wouldn't hold him to the price and would bring the car in if it seemed reasonable. I didn't want to bring the car there because I had a feeling they would give me a lowball offer. Long story short -he said that my car was "going for $23,000." I said thank you and I'm not interested. I'll just ride out another 2 years and then turn it back under the Ford options.

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[generaltso]

Sending out those "We want your car" notices is just a sales tactic to get you to come in and start talking about buying something new. Now that trade-in values are back to normal, there's no way it would be financially beneficial to trade in a 2 year old car on something new. And it definitely doesn't make sense to take that kind of a hit just to trade for essentially the same car.

 

[Almondtree]

Sending out those "We want your car" notices is just a sales tactic to get you to come in and start talking about buying something new. Now that trade-in values are back to normal, there's no way it would be financially beneficial to trade in a 2 year old car on something new. And it definitely doesn't make sense to take that kind of a hit just to trade for essentially the same car.

Agree. I just thought I would give it a try with minimal effort. No way I was going to drive over there to hear them insult me.

 

[Stang68]

Yeah anyone with Ford Options right now just needs to ride it out and then hand the keys back to Ford. No way a trade would be good for us.

 

[generaltso]

Yeah anyone with Ford Options right now just needs to ride it out and then hand the keys back to Ford. No way a trade would be good for us.

My Options contract is up next month, but I'll probably just buy it out. I'm not going to be able to find a better car for $24k.

 

[AllenXS]

Yesterday I got an email from my local dealer saying "we want your car" or something to that effect. Which translates to we'll take your car and put you in a new one. BTW, they have 50 new Mach E's on their lot and that's probably why they want existing customers to trade up. Anyway, since I've been wanting to trade my 2021 which just turned 2 years and get a lease on a new one, I sent a return email. Why do I want to trade up? We bought the car with Ford Options for 48 months because I thought we would keep it but I would rather have a lease on a new car since the technology keeps changing.
Anyway, one guy called and told me I have to bring in the car. I told him that they have the mileage (13,300) and the car is in excellent condition, so just give me your best price. Then I get a call from the used car manager and go through the same thing and told him I wouldn't hold him to the price and would bring the car in if it seemed reasonable. I didn't want to bring the car there because I had a feeling they would give me a lowball offer. Long story short -he said that my car was "going for $23,000." I said thank you and I'm not interested. I'll just ride out another 2 years and then turn it back under the Ford options.

Thanks for doing that. I’m at three years and was thinking it sounds good in print but I bet it’s a waste of time to go see them. Taken this long to get it running super well so nope.

 

[BMT1071]

My Options contract is up next month, but I'll probably just buy it out. I'm not going to be able to find a better car for $24k.

That's my thinking as well. Unless something goes sideways and I start having issues I'm gonna keep it.

 

[AllenXS]

Another part of their strategy to create interest and turn cars. Sell to us.

 

[DustyShades]

I don’t understand. If your logic in getting a new Mach e on a lease is to have more flexibility because technology is changing so fast, why would you trade in your car with two years of payments left for a lease that will still end at approximately the same time? (Also on a car that has the same exact technology / features, which contradicts the whole premise this plan is based on to begin with)

This seems like the kind of poor logic I try to get my wife to bite on for financial decisions I know are irresponsible but I want to make anyway.

 

[Stang68]

My Options contract is up next month, but I'll probably just buy it out. I'm not going to be able to find a better car for $24k.

Very true. There’s deals to be had but $24k on a car you know is in good shape is going to be hard to beat.

 

[GreaseMonkey]

Yesterday I got an email from my local dealer saying "we want your car" or something to that effect. Which translates to we'll take your car and put you in a new one. BTW, they have 50 new Mach E's on their lot and that's probably why they want existing customers to trade up. Anyway, since I've been wanting to trade my 2021 which just turned 2 years and get a lease on a new one, I sent a return email. Why do I want to trade up? We bought the car with Ford Options for 48 months because I thought we would keep it but I would rather have a lease on a new car since the technology keeps changing.
Anyway, one guy called and told me I have to bring in the car. I told him that they have the mileage (13,300) and the car is in excellent condition, so just give me your best price. Then I get a call from the used car manager and go through the same thing and told him I wouldn't hold him to the price and would bring the car in if it seemed reasonable. I didn't want to bring the car there because I had a feeling they would give me a lowball offer. Long story short -he said that my car was "going for $23,000." I said thank you and I'm not interested. I'll just ride out another 2 years and then turn it back under the Ford options.

The technology keeps changing? What technology changed since 2021?

 

[GreaseMonkey]

I don’t understand. If your logic in getting a new Mach e on a lease is to have more flexibility because technology is changing so fast, why would you trade in your car with two years of payments left for a lease that will still end at approximately the same time? (Also on a car that has the same exact technology / features, which contradicts the whole premise this plan is based on to begin with)

This seems like the kind of poor logic I try to get my wife to bite on for financial decisions I know are irresponsible but I want to make anyway.

Agreed. I advise people to tell the story without explaining the logic. There’s often none. Also, what tech changed in three years?

 

[GatorGrowl]

From Black Book (via Consumer Reports) - this is for Florida.

 

[MacherAWD]

The technology keeps changing? What technology changed since 2021?

My 2021 Job 2 has more options and features than are offered on a new one! Self Parking, kick open trunk....

 

[GatorGrowl]

The depreciation isn’t that bad, IMHO. This is what I got for mine, which I paid $49,900 for:

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