generaltso

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Right now if I compare Ford Options on Mach-e with a lease from Tesla Model Y (which I am not considering) or VW ID.4 (which I am), Ford Options is not a very good deal. I would love to be able to see if RCL is better or worse than Options.
Options becomes a much better deal if you factor in the $7500 tax credit. Assuming you qualify for the full credit, you can refinance the loan and put the additional $7500 into it to reduce your payment.





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FredT

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Options becomes a much better deal if you factor in the $7500 tax credit. Assuming you qualify for the full credit, you can refinance the loan and put the additional $7500 into it to reduce your payment.
Right, I am factoring in the tax credit and it is still not a very attractive deal. Looking at total three-year cost factoring in all the available incentives and rebates, Ford Options is about $3500 more than a Model Y lease, and substantially more than that for an ID.4 lease.
 

eltonlin

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Right, I am factoring in the tax credit and it is still not a very attractive deal. Looking at total three-year cost factoring in all the available incentives and rebates, Ford Options is about $3500 more than a Model Y lease, and substantially more than that for an ID.4 lease.
Yeah, there are a bunch of long threads on this point.
 

First Edition

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Right, I am factoring in the tax credit and it is still not a very attractive deal. Looking at total three-year cost factoring in all the available incentives and rebates, Ford Options is about $3500 more than a Model Y lease, and substantially more than that for an ID.4 lease.
A list of January lease deals for EVs from InsideEVs for comparison purposes. Nothing on ID4 or MME yet.

January 2021 EV Lease Deals
 

DBC

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Right, I am factoring in the tax credit and it is still not a very attractive deal. Looking at total three-year cost factoring in all the available incentives and rebates, Ford Options is about $3500 more than a Model Y lease, and substantially more than that for an ID.4 lease.
You're missing something. The Model Y with $4500 down and counting the $1500 CA Clean Vehicle rebate is $499/month. The MME with $4500 down plus the $7500 tax credit and counting the same $1500 CA Clean Vehicle rebate (total down $13500) is $497.82/month with Ford Options. Easy to confirm these numbers. Just go to the websites.

Depending on your state you may pay more for the MME because you have to pay sales tax on the residual. More than balancing this out would be that with the MME the buyout price is attractive and no additional sales tax would be due. The Model Y is a closed end lease so you don't have the option of buying it. Plus there is a reason why one of these vehicles is winning awards and one isn't. Not to mention that one of these vehicles offers a hands free driving option for $500 and one offers a non-hands free driving option for $10,000.

Hard to compare the VW ID.4 to these because it won't be AWD and it won't have similar performance. But it will be less expensive because it will be a less expensive vehicle. If that works for you go for it. The Chevy Bolt will be much less than the VW ID.4 because it's an even less expensive vehicle. That might work even better if you're looking for value.
 

sockmeister

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So, it seems the residuals may have been updated for Q1?
Can anyone confirm or corroborate this data?
https://m.carsdirect.com/deals-articles/ford-mustang-mach-e-residual-values-are-better-than-mustang

Select Standard Range (RWD): 56%
Select Standard Range (AWD): 56%
California Route 1 Extended Range (RWD): 58%
Premium Standard Range (RWD): 57%
Premium Extended Range (RWD): 58%
Premium Standard Range (AWD): 57%
Premium Extended Range (AWD): 58%
First Edition Extended Range (AWD): 58%
GT Extended Range (AWD): 56%
 

GoGoGadgetMachE

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So, it seems the residuals may have been updated for Q1?
Can anyone confirm or corroborate this data?
https://m.carsdirect.com/deals-articles/ford-mustang-mach-e-residual-values-are-better-than-mustang

Select Standard Range (RWD): 56%
Select Standard Range (AWD): 56%
California Route 1 Extended Range (RWD): 58%
Premium Standard Range (RWD): 57%
Premium Extended Range (RWD): 58%
Premium Standard Range (AWD): 57%
Premium Extended Range (AWD): 58%
First Edition Extended Range (AWD): 58%
GT Extended Range (AWD): 56%
"anyone" would be @hybrid2bev
 

hybrid2bev

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So, it seems the residuals may have been updated for Q1?
Can anyone confirm or corroborate this data?
https://m.carsdirect.com/deals-articles/ford-mustang-mach-e-residual-values-are-better-than-mustang

Select Standard Range (RWD): 56%
Select Standard Range (AWD): 56%
California Route 1 Extended Range (RWD): 58%
Premium Standard Range (RWD): 57%
Premium Extended Range (RWD): 58%
Premium Standard Range (AWD): 57%
Premium Extended Range (AWD): 58%
First Edition Extended Range (AWD): 58%
GT Extended Range (AWD): 56%
Yes, these are the Q1 2021 MME 36 month RCL residuals at 10,500 miles per year (which is not the standard). So, these are all 3% points higher than the standard residuals at 15k per year.
 

AndyS_OSU

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Yes, these are the Q1 2021 MME 36 month RCL residuals at 10,500 miles per year (which is not the standard). So, these are all 3% points higher than the standard residuals at 15k per year.
Does this mean Standard Range Premium at 7500 miles would be 58?
 

hybrid2bev

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Does this mean Standard Range Premium at 7500 miles would be 58?
7,500 miles per year is 4 points higher than the standard, which is 1 point higher than what is shown above at the 10,500 miles.

1611433104003.png

1611433121592.png
 

AndyS_OSU

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7,500 miles per year is 4 points higher than the standard, which is 1 point higher than what is shown above at the 10,500 miles.

1611433104003.png

1611433121592.png
Assuming options RV stayed the same? 36/15 at 41%? I could be off on that
 

AndyS_OSU

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40% actually for Standard Range Premium.
Thanks. Hard to keep it all straight as I weigh a 36/7500 lease against 48/10000 Options for my Standard Range RWD Premium
 

hybrid2bev

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Thanks. Hard to keep it all straight as I weigh a 36/7500 lease against 48/10000 Options for my Standard Range RWD Premium
Options 48 months Standard Range RWD Premium @ 10.5k miles is 36% (33% + 3% for 10.5%)
 

trutolife27

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Ford Mustang Mach-E Residual Values Are Better Than Mustang
Senior Pricing Analyst-January 20, 2021

Mustang-Mach-E_04-618219.jpg

Although residual values for electric cars are often significantly lower than gas models, that won't necessarily be the case with the all-new Mustang Mach-E. In fact, Ford's 1st-Quarter lease residual guide indicates that the Mach-E will actually manage to have a higher residual value than a traditional gas-powered Mustang.
For example, the 2021 Mach-E Select has a 36-month residual value of 56%, while the limited-production First Edition comes in at 58%. Meanwhile, the 2021 Mustang has residuals as low as 48% for the turbocharged convertible variant and no higher than 53% for the V8-powered GT coupe and all-new Mach 1.
To put that into perspective, Chevy's advertised lease on the 2020 Bolt LT is based on a residual of 49%. That said, this isn't an apples-to-apples comparison because the offer on the Bolt is based on a 12,000 mile-per-year lease, while the figures here for the Mach-E are based on Ford's typical limit of 10,500 miles.
Here's a full list of the Mach-E's residual values by trim:
  • Select Standard Range (RWD): 56%
  • Select Standard Range (AWD): 56%
  • California Route 1 Extended Range (RWD): 58%
  • Premium Standard Range (RWD): 57%
  • Premium Extended Range (RWD): 58%
  • Premium Standard Range (AWD): 57%
  • Premium Extended Range (AWD): 58%
  • First Edition Extended Range (AWD): 58%
  • GT Extended Range (AWD): 56%
mustang-mach-e-05-1-618220.jpg

Even though the Mach-E didn't debut with a lease option right away, it does offer up to $11,000 in incentives in places like California. We've also uncovered early APR deals, plus an 84-month financing option and hidden discounts in the form of Ford Plan Pricing. A lease option finally only became available starting late last year.
Although higher residuals can make a car better to lease, the most affordable way to bring home a Mach-E may be via a "lease-like" option called Ford Options Plan involving balloon financing. The fact that Ford Credit isn't passing along a $7,500 tax credit in the form of lease cash could make the Mach-E terrible to lease.
For reference, a 2021 Hyundai Kona EV comes with at least $7,750 in lease cash from Hyundai Motor Finance here in Southern California before state & local incentives. While Ford's approach could change with time, we think this is an important distinction that could have a major impact on one's cost to lease.
Still, quirks like the fact that a Mach-E can potentially be cheaper to buy than a Mustang V8 could be a pleasant surprise. Despite recent reports of delayed deliveries, we think the sheer variety of purchase options could help make the brand's first 100% electric SUV an exciting (and potentially attainable) prospect. On the Mache forum, they have an insider whose Info has been correct each time financing becomes an issue.
Current Ford offers end on March 31, 2021.
 

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