How long do you plan to keep your Mach-E?

[voxel]

Besides battery technology, BEVs don't have any advantages over ICE vehicles. I don't even have ventilated seats on my MME. Or a heads up display. Or front cameras. Or hands free cruise (my GT doesn't have BC.) And I spent $62k. I could get more technology on a Ford Explorer for less money. Easy.

I am thinking about getting a Jeep Grand Cherokee L, and it has much more technology than the Rivian R1S, and yet it is cheaper by 10s of thousands. So if you are buying a BEV for anything other than battery technology, you are spending too much.

IMO the reason BEVs *may* lose more value than an equivalent ICE is due to the advances in battery technology. And due to the loss of range because of battery age.

I own a fully loaded GC Limited and a R1S. The only thing better about the GC is the real leather interior (they recently dropped that and it's leatherette). I test drove a hurricane Grand Wagoneer yesterday at the auto show for comparison and that was nice but anemic compared to the R1S.

A GC is an okay SUV. I prefer the Telluride at the same price. DO NOT pay sticker for a GC. Pay $10-15K under because Jeep overpriced it and competition is a better value. A $55K GC is worth the same as a sub-$45K Telluride and even then I tell folks just buy the Telluride or GH or Pilot. You have to pay for an Overland or Summit to get lane-centering in a GC.... so basically $65K+ trims.

Also GC depreciation is brutal. Worse than my Mach-E lol.

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[mkhuffman]

I own a fully loaded GC Limited and a R1S. The only thing better about the GC is the real leather interior (they recently dropped that and it's leatherette). I test drove a hurricane Grand Wagoneer yesterday at the auto show for comparison and that was nice but anemic compared to the R1S.

A GC is an okay SUV. I prefer the Telluride at the same price. DO NOT pay sticker for a GC. Pay $10-15K under because Jeep overpriced it and competition is a better value. A $55K GC is worth the same as a sub-$45K Telluride and even then I tell folks just buy the Telluride or GH or Pilot. You have to pay for an Overland or Summit to get lane-centering in a GC.... so basically $65K+ trims.

Also GC depreciation is brutal. Worse than my Mach-E lol.

That's very cool you have both and can compare on a daily basis. I bet you paid a LOT less for the GC, right?

First of all, I Iove the R1S. But let's be real about this. The GC L is a much better vehicle for the money. I am considering the Summit Reserve with the Advanced Pro Tech Group IV and Luxury Tech Group V packages. The list of features that don't exist on the R1S is extensive. And MSRP is only $77K. The R1S I want is $106k. That is almost $30k more. For what? A battery? And as you said, I can probably negotiate $10k off the GC L. There is no negotiating the price of the R1S.

 

[Mach1E]

That's very cool you have both and can compare on a daily basis. I bet you paid a LOT less for the GC, right?

First of all, I Iove the R1S. But let's be real about this. The GC L is a much better vehicle for the money. I am considering the Summit Reserve with the Advanced Pro Tech Group IV and Luxury Tech Group V packages. The list of features that don't exist on the R1S is extensive. And MSRP is only $77K. The R1S I want is $106k. That is almost $30k more. For what? A battery? And as you said, I can probably negotiate $10k off the GC L. There is no negotiating the price of the R1S.

And 800+ horsepower. You are definitely undervaluing that.

For example- the 2021 Grand Cherokee Trackhawk started at $90,000 for 707hp.

The base Grand Cherokee that year was $32k and a limited came in at $41k.

Jeep is charging way more for horsepower than Rivian.

If you are serious about the Jeep though, buy used. Their resale values drop like a rock.

 

[mkhuffman]

And 800+ horsepower. You are definitely undervaluing that.

For example- the 2021 Grand Cherokee Trackhawk started at $90,000 for 707hp.

The base Grand Cherokee that year was $32k and a limited came in at $41k.

Jeep is charging way more for horsepower than Rivian.

If you are serious about the Jeep though, buy used. Their resale values drop like a rock.

HP and off road capability are better with the R1S. And I do put a lot of value on the fact it is a BEV. But this would be for my wife, who refuses to consider a BEV. I may go the DMP R1S Max Pack route when I am ready to replace my MME, depending on how well it does in the 75 mph highway range test.

 

[voxel]

That's very cool you have both and can compare on a daily basis. I bet you paid a LOT less for the GC, right?

First of all, I Iove the R1S. But let's be real about this. The GC L is a much better vehicle for the money. I am considering the Summit Reserve with the Advanced Pro Tech Group IV and Luxury Tech Group V packages. The list of features that don't exist on the R1S is extensive. And MSRP is only $77K. The R1S I want is $106k. That is almost $30k more. For what? A battery? And as you said, I can probably negotiate $10k off the GC L. There is no negotiating the price of the R1S.

You are also comparing a $104K rocketship to a slug. My GC is so underpowered with the Pentastar 3.6L V6 NA. I barely am able to merge and let every other car pass me when merging. And mpg in real world is 19mpg (I track it via fuelly). You need the Hemi.

The GCs definitely have a nicer interior (especially the Summit Reserves) compared to the R1S but I would not call it a quiet compliant ride like an Audi either. With Jeep it's cosmetic luxury.... I would recommend an X5 over the GC. FYI Jeep removed many off roading features from the refreshed GCs also so I don't know who it targets. The current suspension (double wishbone) is definitely more solid than say the mini-van based Telluride but ground clearance is mediocre and how the suspension is setup you can't really add larger tires and a lift. YouTubers have tried.

I own the GC because I need a gas car for Florida hurricanes. In retrospect I probably should have bought a low-trim Telluride or RAV4... but I wanted something different lol. I borrowed a friend's Wrangler 4xE for a week this past spring and preferred that over my GC.

A standard DM R1S config in red ($2500 extra) is about $86K. Soon there will be $7500 lease incentives.

 

[jgillmer]

How long are you going to keep your Mach-E?
Since trade in values are plummeting, do you keep it and pay it off or trade it in and get something newer/something else?

I think the poll should have included "For Ford Options financing, until the balloon payment comes due."

 

[jgillmer]

I went with 48 month Ford Options with 1.4% financing, $2,500 credit (paid for the financing and lease aspect.of the Options arrangement). I really like my MME GT - downer is that I think my balloon payment comes due about a year before the 2nd Gen of the MME would come out (I think it would be Fall of 2026?). My only issue is that the volt build holds it back from taking advantage of the faster DC chargers coming out (but have crappy 198 Amp cables which means only 800v or Lucid-like 1,000v builds can take full advantage).

 

[jgillmer]

Wish the survey included Ford Options owners since that has been a popular method of buying the car, because we were going to finance but it was a better deal to do options with the rebate and interest rate.

With that in mind, we will most likely only keep it until the 3 year options is up. I am actually glad that the rebates were so good it "pushed" us to options, because with NACS and the advancement of the BEV space, we might have been hurting whenever we did go to sell it.

Or maybe not, we may still be in a great position since after tax credit our OTD price on the AWD Premium ER was $47,500. Even with the recent price drops a 1:1 MME (with BlueCruise and charging cable and everything they have made separate), plus half the tax credit, would cost a lot more.

I suspect when our options is up, it's going to be one of the hardest vehicle related decisions we have had on what to do with it. If it remains as trouble free as it has been, and Ford comes through with the NACS adapter and in a way that you can use the SuperChargers, we may just keep it. I think our buyout will be ~33k. We are a couple months shy of owning it a year and only have 6300 miles on it. If prices on new BEVs don't come down, may be worth just driving this as long as it keeps working well.

I wrote the same thing - that balloon payment is gonna nudge a bunch of folks to either rollover to a new car in 36-48 months, pay the balloon, re-finance the balloon, or toss them $495 and the keys, with a "have a nice day." Last option is really only viable if the KBB plummets and the trade is then upside down or so.eone just wants to walk away without the headache. For me, I plunked $17,000 on the down payment, so I almost certainly will have residual value at the decision deadline. I hope Ford tries to woo me with early swap-out offers.

 

[jgillmer]

I’ll keep my 2021 First Edition until a new EV comes along that meets these criteria…
Concur - that 10 min charge time is not as much of stretch as at first glance, assuming Ford I tends to upgrade builds to 800-1,000 volts and doesn't go cheap on connectors or handshake software.


These specs will require the next big jump in battery tech, hopefully in the next 5-10 years.

https://www.macheforum.com/site/threads/criteria-for-your-next-ev.26583/

 

[voxel]

I wrote the same thing - that balloon payment is gonna nudge a bunch of folks to either rollover to a new car in 36-48 months, pay the balloon, re-finance the balloon, or toss them $495 and the keys, with a "have a nice day." Last option is really only viable if the KBB plummets and the trade is then upside down or so.eone just wants to walk away without the headache. For me, I plunked $17,000 on the down payment, so I almost certainly will have residual value at the decision deadline. I hope Ford tries to woo me with early swap-out offers.

I seriously doubt it. I put down $20K and that's basically lost due to depreciation this past year.

When my Options is up... I probably will look for something else - like an 800V Mach-E. Actually a Rivian R2 might be perfect.

 

[blkadr08]

Until a reasonably priced EV from a quality manufacturer with a 400 mile range comes along.

 

[available_username2]

As soon as there is a highway speed level 3 system (that's isn't on a luxury $120k car) I'm getting it

 

[RWG]

Looking for a plug in hybrid now. Will get rid of Mach e soon unless Ford announces solid state battery upgrade. Do not want to own a vintage EV with 300 mile range when the rest of the market is twice the range.

 

[mkhuffman]

Looking for a plug in hybrid now. Will get rid of Mach e soon unless Ford announces solid state battery upgrade. Do not want to own a vintage EV with 300 mile range when the rest of the market is twice the range.

I think the possibility Ford offers a battery replacement and that it is a SS battery is approximately 0.000000023%.

 

[JRT]

Traded at 31k miles a couple weeks ago for ER XLT Lightning. I was planning 100k miles, but the SW glitches with a constantly rebooting center screen in my 2021 sealed the deal. Love the Lightning so far, love being in a truck for my daily commute too. I might consider another MME, but right now no way I'd be a total EV house with the charging issues in my driving area.

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