AndyS_OSU
Well-Known Member
- Joined
- Nov 26, 2019
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- 2017 Chevrolet BoltEV
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- Educator
I'm probably oversimplifying but this is where I feel Ford is setting themselves up for disappointed customers. I can't wrap my head around the logic of their programs beyond them thinking that this will be such a desirable car that people won't care.An article on the Mach E’s expected depreciation.
Mach E depreciation
For comparison purposes the F-150 is worth 61% after three years.
On one hand you have "inflated" residuals for a lease product that factors in the $7500 tax credit but still doesn't elevate the residual to that of many ICE vehicles that Ford offers. On the other you can outright buy a car that Ford's own guidance suggests will only be worth 40% of it's msrp in 3 years. Cue Ford Options which does save you from being stuck with the crappy resale value but also means you have mileage and wear and tear considerations (unless you are confident you will pay or refi the balloon note).
Obviously, there is a chance that in 3 years the MME value is way higher than 40% and everyone who bought or did Ford Options will be pretty happy...but that is a pretty big gamble.
Then again here I am bending over backwards to make sure I can take delivery at all costs when it's finally delivered despite the aforementioned issues! ) Haha
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