Mach-E Resale Value

[DRuth086]

I will say that I've noticed a significant downtick in resale value with inflation easing. 2 months ago I could probably get every penny back some of these sites, now we're down $10-12K of purchase price.

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[JRSNoVa]

Not exactly apples to apples, but when I got my MME and sold my EV6, I got a bunch of quotes that were $10k under sticker price. Luckily Carava was still offering full sticker, so off it went on the Carvana truck.

 

[DRuth086]

I will say most of the big ones were offering way less, but beforeutrade was still at $50K, which is still $6,500 less than sticker, but that seemed more reasonable given the still high demand.

 

[Clicker]

I used the term that 4 managers told me at 4 different dealerships. I thought that Mach-E demand would be a little bit better with 2023 coming, but I saw various posts that people witnessed that their trade-ins were sold cheaper than trade price. I personally witnessed same and thought it was just mine situation.

Traded my 21 Premium, RWD
standard battery in two months ago. Original list $48,750. Mazda dealer gave me $53,000. They sold it to a Ford dealer it's been sitting on their lot for all this time first priced at $59,995 dropped to $58,500 now sitting there at $55,995. Getting pretty close to what I got on trade.

 

[bp99]

I sold my '21 last week. Best offer was $4500 less than offers I had three weeks prior. Most offers were $10k less. When looking around at used dealer prices to support my ask, most had had recent mark downs. Rising interest rates are impacting resale value (still abnormally high). I decided to sell despite not having my new '22 yet rather than risking further market softening. There's another rate hike coming in a week or two.

 

[2021-MMEx-RT1]

Mazda dealer gave me $53,000. They sold it to a Ford dealer it's been sitting on their lot for all this time ...now sitting there at $55,995.

Mazda sold it to Ford for $55,000 and they are trying to make $1,000 so they don't eat it...

 

[AlbanyIan]

Not trying to hijack the thread but wondering if the Ford dealers will give you a hard time with paying the balance on the loan when trading a '21 GT for a '22 Premium? I'm over my milage on the Ford Options financing and have had some other "issues" with this particular car.

 

[RickMachE]

I will say that I've noticed a significant downtick in resale value with inflation easing. 2 months ago I could probably get every penny back some of these sites, now we're down $10-12K of purchase price.

The reason that prices are down is not "inflation easing", it's "interest rates going up drastically" followed by "inflation", i.e. that we're near 9%. People can't afford the cars.

We sold our 2021 to a dealer in early July. Still has the car, for sale for $2,002 less than I got in my pocket from him.

I sold my '21 last week. Best offer was $4500 less than offers I had three weeks prior. Most offers were $10k less. When looking around at used dealer prices to support my ask, most had had recent mark downs. Rising interest rates are impacting resale value (still abnormally high). I decided to sell despite not having my new '22 yet rather than risking further market softening. There's another rate hike coming in a week or two.

Smart.

Not trying to hijack the thread but wondering if the Ford dealers will give you a hard time with paying the balance on the loan when trading a '21 GT for a '22 Premium? I'm over my milage on the Ford Options financing and have had some other "issues" with this particular car.

You're misunderstanding Ford Options. If you want to trade in your car, the dealer will make you an offer (you should price it privately, and also understand if you get a sales tax credit in your state). Ford Options mileage only matters if you keep it for the 3/4 year period and then want to hand Ford the keys. When you trade it in, the Ford dealer simply pays off the loan with the funds, then hands you the rest.

So, if you have a $45,000 outstanding loan, and they offer you $55,000, you will get $10,000.

 

[new to mach-e]

got a online offer last week for $49K for my '22 select RWD that stickered for $45K... might sell it and wait for the '23 select AWD to arrive early next year...otherwise I risk it loosing value.

 

[RockwallRick]

Just for grins I just ran our VIN on a couple of Sites. Both offers were thousands of dollars below what we would be willing to sell for!!

Carvana -> 42,268
Cargurus -> 45,428

 

[JSD23]

Here's a quick, imperfect list of places to slap your VIN into if you're looking to sell.

Thanks for this list. I appreciate it!

 

[moparguy]

Sold my GT to Carvana, they dropped the price many times and it is still sitting at the lot as of today, If I repurchase the car from them tomorrow, with taxes, fees and everything, it will cost me less than what I sold it for, I highly suspect anyone is paying more than $64k for any GT today.

My buddy appraised his Mach E select last week, highest offer was $39k, he paid $49k OTD so they are dropping like everything else.

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