Why the Mustang Mach E is better than the Tesla Model Y

[JTK44]

Yes for a purchase, the Mach-E Select is clearly a LOT less expensive than any Model Y. If that is important to you, then this is a no brainer. It's more than a $16,000 difference right now.

For fun (I don't intend to lease), I decided to run the Ford Options and Model Y Lease numbers and see for myself, for a 10,500 mile 36-month Option versus a 10,000 mile 36-month lease.

If I did this right, the lowest cost Mustang Mach-E is about $1,400 less expensive than the lowest cost Model Y in Oakland, California.

That's not a huge difference. If as you said, the only reason for buying the Mach-E is because it is cheaper... yes, this is true. But it's not a LOT cheaper. You should get the car you prefer, IMHO.

(Note: As I said, I don't intend to lease... but this "cost" for borrowing a Mustang Mach-E strikes me as very high. I may have messed up this calculation. Check with your dealer. Caveat emptor.)

approx cost for 36 month, 10.5k/10k rental of least expensive spec, Oakland, California
	MME	MY
MSRP	$42,895.00​	$49,900.00​
X-Plan Discount	-$883.00​	$0.00​
Manufacturer Incentives	-$2,500.00​	$0.00​
Destination (includes doc fee for Tesla)	$1,100.00​	$1,200.00​
Doc Fee	$100.00​
Acquisition Fee	$0.00​	$695.00​
Disposition Fee	$475.00​	$395.00​
Federal Incentive (if qual)	-$7,500.00​	$0.00​
CA Clean Fuel Reward	-$1,500.00​	-$1,500.00​
CA CVRP Rebate (if qual)	-$2,000.00​	-$2,000.00​
PG&E Rebate	-$800.00​	-$800.00​
Down Payment (includes rebates/credits)	$0.00​	$0.00​
Basis for Sales Tax	$39,512.00​	$22,788.00​
Sales Tax (9.25%)	$3,654.86​	$2,107.89​
First payment (includes start fees)	$4,470.53​	$1,328.00​
Monthly payments, months 2-35	$715.67​	$633.00​
Last payment (includes end fees)	$1,190.67​	$1,028.00​
TOTAL out of pocket, 3-years	$18,193.98​	$19,578.00​
Not included above:
Registration fees
Auto insurance
Excess mileage, wear and tear, damage

See my post #275 for the monthly payment of the MME Select SR RWD: $567 a month;:

Sales tax: In NY sales tax is on the MSRP, including destination charges before any rebate. The exception is when you trade in your car. The trade in value reduces the cost basis upon which the sales tax is calculated.

In California it might be different. If California is the same as NY, the sales tax on the MME is $44,095 (MSRP $42,995 + destination charge $1100) X 9.25%, $4,079 an increase of $425.

MME Manufacturer Incentives: Whether this $2,500 will apply or not is open. Personally I think those who are counting on this $2,500 will be disappointed. In my calculations in post #275, on purpose I did not include this incentive: it was not an oversight: I was being conservative.

Acquistion fee $695 on the Model Y: I believe you have it in twice: The first payment is $1328:
$633 + $695.

Disposition fee: I think you have it twice: Last payment: $1028: $633 + $395

X-Plan: I believe on the MME it is 2% + 275: MSRP $44,095 X 2%, $882 less $275, $607

My calculations for the cost of the Model Y are:

36 months @ $633 per month: $22,788
Destination fee 1,200
Disposition fee 395
Acquisition fee 695
Sales tax 2.108

Total $27,186

Less:

CA reward $ 1500
CA rebate 2000
P& G 800

Total $ 4300

Net cost $22,886

For the MME:

36 months at $567 (see post #275) $20,412 (this payment has the Federal tax credit
as a deposit but not the $2,500 "incentive")
Destination charge 1100
Doc fee 100
Disposition 475
Sales tax 4079

Total $26,166

Less

CA reward $ 1500
CA rebate 2000
P& G 800
X-Plan 607

Total 4907

Net cost: $21,249

The price advantage of the MME Select SR RWD vs. the Model Y LR AWS is $1637 - $45 a month.

What is interesting to me is the following:

The Model Y cost is $51,190. The MME Select SR AWD is $44,095 less $7,500 $36,995. That is a difference of $14,595. Yet over a three year period the actual savings is only $1637.

This is why I have been posting that the Ford Option Plan is a non starter for me.


As I afraid of the depreciation on the MME, I will not purchase.

Unless Ford comes up with a viable - reasonable lease, I will not be taking delivery of my First Edition.

Sponsored

 

[GoGoGadgetMachE]

Yes for a purchase, the Mach-E Select is clearly a LOT less expensive than any Model Y. If that is important to you, then this is a no brainer. It's more than a $16,000 difference right now.

For fun (I don't intend to lease), I decided to run the Ford Options and Model Y Lease numbers and see for myself, for a 10,500 mile 36-month Option versus a 10,000 mile 36-month lease.

If I did this right, the lowest cost Mustang Mach-E is about $1,400 less expensive than the lowest cost Model Y in Oakland, California.

That's not a huge difference. If as you said, the only reason for buying the Mach-E is because it is cheaper... yes, this is true. But it's not a LOT cheaper. You should get the car you prefer, IMHO.

(Note: As I said, I don't intend to lease... but this "cost" for borrowing a Mustang Mach-E strikes me as very high. I may have messed up this calculation. Check with your dealer. Caveat emptor.)

approx cost for 36 month, 10.5k/10k rental of least expensive spec, Oakland, California
	MME	MY
MSRP	$42,895.00​	$49,900.00​
X-Plan Discount	-$883.00​	$0.00​
Manufacturer Incentives	-$2,500.00​	$0.00​
Destination (includes doc fee for Tesla)	$1,100.00​	$1,200.00​
Doc Fee	$100.00​
Acquisition Fee	$0.00​	$695.00​
Disposition Fee	$475.00​	$395.00​
Federal Incentive (if qual)	-$7,500.00​	$0.00​
CA Clean Fuel Reward	-$1,500.00​	-$1,500.00​
CA CVRP Rebate (if qual)	-$2,000.00​	-$2,000.00​
PG&E Rebate	-$800.00​	-$800.00​
Down Payment (includes rebates/credits)	$0.00​	$0.00​
Basis for Sales Tax	$39,512.00​	$22,788.00​
Sales Tax (9.25%)	$3,654.86​	$2,107.89​
First payment (includes start fees)	$4,470.53​	$1,328.00​
Monthly payments, months 2-35	$715.67​	$633.00​
Last payment (includes end fees)	$1,190.67​	$1,028.00​
TOTAL out of pocket, 3-years	$18,193.98​	$19,578.00​
Not included above:
Registration fees
Auto insurance
Excess mileage, wear and tear, damage

clearly fake news since the lease megathread insists that the Mach-E is like $2,750/month more expensive and none of the other costs exist (so only monthly cost matters) or whatever. (I muted the thread so I don't know what the current stated position there is TBH.)

 

[hybrid2bev]

clearly fake news since the lease megathread insists that the Mach-E is like $2,750/month more expensive and none of the other costs exist (so only monthly cost matters) or whatever. (I muted the thread so I don't know what the current stated position there is TBH.)

Don’t exaggerate. It’s only $2700 a month worse.

Hope that clarifies

 

[Kamuelaflyer]

Unless Ford comes up with a viable - reasonable lease, I will not be taking delivery of my First Edition.

People aren’t going to argue with you about traditional leasing, Ford’s RCL, Ford options, financing or paying cash. Those are all personal decisions that only you and your SO are qualified to make.

Run the numbers for all the available alternatives RCL, traditional, Options etc. if the numbers don’t work for you, they don’t work. Walk away and find something that does. There’s no shame and nothing wrong with choosing something else.

 

[timbop]

The only reason I ordered a mach e vs model y is because it has a cheaper base model and $7,500 tax cred. The model y is better in every other aspects.

That's probably a bad decision on your part then. You will not be happy with the MME and will always be questioning your decision,

 

[timbop]

yeah, it's also not true that the Y is better than the Mach-E "in every other aspects" (sic), as has been well worn on here, but for a TT making their first post on the board, it's to be expected.

let's not go there. you have no idea as to their motivation

 

[efisher]

So, I’m getting a Mach E because it is better than a Y in every aspect but range and DCFC charging (for now). I guess we have different perspectives.

Actually according to this article Ford France President Talks 600 km Range For Mustang Mach-E (cleantechnica.com) it looks like if you use the European standard the Mach-E's range may exceed the range of the model Y. It all depends on how you measure.

 

[trutolife27]

In fact, the range is better in the mache than the model y in the European test. Just like they said in the video they can't wait "same for all of us" to get a model y and side by side in 70 mph test.

If the mache comes even close to the model y or beats it, it will send a massive shockwave through the EV community and then spread like wildfire.

 

[JTK44]

In fact, the range is better in the mache than the model y in the European test. Just like they said in the video they can't wait "same for all of us" to get a model y and side by side in 70 mph test.

If the mache comes even close to the model y or beats it, it will send a massive shockwave through the EV community and then spread like wildfire.

Link to the European test you reference please.

I think we would all like to see it as well.

I think journalist have already had a chance to drive the MME but are prohibited from publishing results until December.

If they are as good as you suggest why not release them now - Demos will be in the showroom beginning December with deliveries to follow?

Do not understand Ford holding back the reviews.

 

[trutolife27]

Link to the European test you reference please.

I think we would all like to see it as well.

I think journalist have already had a chance to drive the MME but are prohibited from publishing results until December.

If they are as good as you suggest why not release them now - Demos will be in the showroom beginning December with deliveries to follow?

Do not understand Ford holding back the reviews.

The reviews are held back not for ford, but for all the companies doing reviews. To be on the same starting ground. Covid restrictions would not allow everyone there like before at one big gathering. If you think about yourself then would understand why.
So it allows writers time to test the car and get the info they put out straight and not rushed.
Vehicles get there when they get there. ITs out there and you can look it up. Same as EPA pubic knowledge.

 

[macchiaz-o]

Link to the European test you reference please.

I think we would all like to see it as well.

I think journalist have already had a chance to drive the MME but are prohibited from publishing results until December.

If they are as good as you suggest why not release them now - Demos will be in the showroom beginning December with deliveries to follow?

Do not understand Ford holding back the reviews.

Review embargoes are standard practice. They give vehicle reviewers a fair chance to write quality articles and not scoop each other. A press event is taking place in LA next... They need time to learn, drive, and collect their thoughts, too.

I believe WLTP numbers were published a while back. Here they are in miles, from ford.co.uk.

 

[JTK44]

Review embargoes are standard practice. They give vehicle reviewers a fair chance to write quality articles and not scoop each other. A press event is taking place in LA next... They need time to learn, drive, and collect their thoughts, too.

I believe WLTP numbers were published a while back. Here they are in miles, from ford.co.uk.

I was talking about a back to back comparison range test with the Model Y.

Comparing Ford UK projections of the MME to a test in Germany of the Model Y is like comparing apples to oranges.

I think we would all like a link to what you referenced - test where the range of the MME was greater than the Model Y.

Look forward to the link!

Thanks.

 

[macchiaz-o]

I was talking about a back to back comparison with the Model Y range.

Comparing a test in the UK of the MME with a test in Germany of the Model Y is like comparing apples to oranges.

I think we would all like a link to what you referenced - test where the range of the MME was greater than the Model Y.

Look forward to the link!

Thanks.

That wasn't me... That was @trutolife27 and he was referencing the discussion from the latest Inside EVs podcast. So you could ask them over at Inside EVs.

Meanwhile, I provided the info directly from Ford's UK (WLTP) web site. And here is the same, directly from Tesla's UK (WLTP) web site.

https://www.tesla.com/en_gb/modely?redirect=no

 

[JTK44]

That wasn't me... That was @trutolife27 and he was referencing the discussion from the latest Inside EVs podcast. So you could ask them over at Inside EVs.

Meanwhile, I provided the info directly from Ford's UK (WLTP) web site. And here is the same, directly from Tesla's UK (WLTP) web site.

https://www.tesla.com/en_gb/modely?redirect=no

Thanks!

You are correct. My error. I apologize.

As trutolife27 is on this thread, hopefully he will post the link to the tests he was referencing.


From the Ford web site AWD LR 270 Miles

From the Tesla web site Model Y 326 miles

I agree interesting to see how they compare in real driving conditions. I assume this will be in the reviews.