Future Mach-E buyers, please note…

[DevSecOps]

You paid them $20k to buy your car? Just kidding.

Yes I did. I still owed on 50k on it. So I cut them a check to buy my car.

I originally paid MSRP which was like $69.9 or something close to that.

Sponsored

 

[ctenidae]

Isn't that pretty much in line with the residual value in Ford Options contract? If so why would anybody expect anything different.

Funny how that works out, like how off lease vehicles are all worth their residuals. It's a miracle!

 

[stealthytolkien]

Yes I did. I still owed on 50k on it. So I cut them a check to buy my car.

I originally paid MSRP which was like $69.9 or something close to that.

Oh I see. I thought it was a trade in. You bought it for $70k (during possibly the worst time for buying cars) and in two years you got $32k for it (possibly the worst time selling cars). I say you didn’t score a terrible deal.

Why did you sell it?

What’s the next car?

 

[Kamuelaflyer]

I am not intending to sell the car. I was simply checking what’s up with resale values. Hope I am allowed to do that

Yes, you must certainly are allowed to do that. Little good can come from it though, particularly in this environment.

 

[stealthytolkien]

Yes, you must certainly are allowed to do that. Little good can come from it though, particularly in this environment.

Haha NGL, did ruin my afternoon.

 

[bbhaag]

Well I guess I'll go ahead and present a silver lining to this cloud. @stealthytolkien it could always be worse. You could get an offer for $40K for a vehicle you spent $80K on 11 months ago........

Or even worse no offer at all.

 

[DevSecOps]

Why did you sell it?

What’s the next car?

There's plenty of reasons that I got rid of it. Mostly because of lack of reliability and far too many annoyances.

I just got a Rivian R1T in June of this year as a replacement for the MME and today one of the companies that I contract with told me to order a M3P (will be their company vehicle) as part of a year end bonus. So while I'm really not a fan of the way those vehicles look, I'll take one if it's given to me.

 

[Monke]

The message is loud and clear. I am driving a $20k car. Oh my, that 5 year old with 60k miles minivan next to me is worth more than my MME.

 

[stealthytolkien]

There's plenty of reasons that I got rid of it. Mostly because of lack of reliability and far too many annoyances.

I just got a Rivian R1T in June of this year as a replacement for the MME and today one of the companies that I contract with told me to order a M3P (will be their company vehicle) as part of a year end bonus. So while I'm really not a fan of the way those vehicles look, I'll take one if it's given to me.

Security Operations for the win!

Congratulations. You’re going to be rolling in ions! Rivian looks nice (no comments on reliability yet since they’re so new). And M3P is obviously fantastic but looks kind of boring as everyone has one.

 

[stealthytolkien]

Well I guess I'll go ahead and present a silver lining to this cloud. @stealthytolkien it could always be worse. You could get an offer for $40K for a vehicle you spent $80K on 11 months ago........

Or even worse no offer at all.

Not surprised at all by this. Higher you are the harder you fall unfortunately.

Watch the (already terrible) sales of Mach E tank even more now as soon as people see this nonsense.

 

[lucky13]

I would like planning to sell my 2022 Mach E Premium ER AWD in about 2 months. But if I get offers that low I'll have to hold onto it.

 

[stealthytolkien]

I would like planning to sell my 2022 Mach E Premium ER AWD in about 2 months. But if I get offers that low I'll have to hold onto it.

The loyalty scores (ownership duration) of all current MME owners are going to go through the roof, but for a different reason lol.

 

[Ghost Ryder]

Yes I did. I still owed on 50k on it. So I cut them a check to buy my car.

I originally paid MSRP which was like $69.9 or something close to that.

That got to hurt. That's why I'm passing on the car to my son with his newly minted DL.

 

[heisnuts]

There's plenty of reasons that I got rid of it. Mostly because of lack of reliability and far too many annoyances.

I just got a Rivian R1T in June of this year as a replacement for the MME and today one of the companies that I contract with told me to order a M3P (will be their company vehicle) as part of a year end bonus. So while I'm really not a fan of the way those vehicles look, I'll take one if it's given to me.

I am going to be so interested in your opinion after you have put 1,000 miles on the M3P... Let's just say the car really surprised me on how much I like it.

 

[DevSecOps]

I am going to be so interested in your opinion after you have put 1,000 miles on the M3P... Let's just say the car really surprised me on how much I like it.

I'll let you know. They said I have to get it before year end because they had a great year and want to expense it in 2023. So, I'll let you know soon enough I suppose.

Sponsored