BigMach-E
Well-Known Member
- Joined
- Jul 15, 2021
- Threads
- 58
- Messages
- 1,436
- Reaction score
- 1,645
- Location
- Bay Area
- Vehicles
- Mach-E GTPE Shadow Black 2021
- Occupation
- IT
- Thread starter
- #1
Short answer: no, I don’t think I would.
I have what might be described as an unhealthy obsession with the MME. There isn’t a day that goes by when I don’t spend more than a half hour thinking about the car.
My MME story basically could be summed up like this: I saw the car as an aspirational purchase. I loved the look of it before it came out. I had never bought a new car in my life.
Interest rates were good. Availability was not. I could only find a few MME Select AWDs on lots. I hated my first new car buying experience. I paid some slight ADM (less than 5 percent). I got a decent rate at the time (1.9 percent).
When I had a HVJB failure after less than 8k miles, I should have not pushed so hard to get the dealership to get me my car back as quickly as I did. They got the car repaired just under the 30 day limit that would have had me qualify in my state for a buy back/lemon law. Granted, I had 16k worry free miles since that point.
During that time, I really got the hankering to upgrade to a GTPE. I did everything to have it make sense financially. It sure didn’t make any sense pragmatically. I eventually did trade in my Select AWD for a GTPE. After having a failure that required my almost brand new car to be towed to the dealership of my first MME, it made little sense to double down. But, here I am. The purchase was just about in my reach financially.
I love my GTPE, don’t get me wrong. After it had its HVJB failure after 3k miles of ownership, I have only had to have it in the shop for a voltage sensor in the back motor for one day. Otherwise it has been flawless for 14k miles.
The interest rate on this car is way worse than my first MME (5.7 vs 1.9) and the amount I owe on this car is way more than what I could sell it for. I am basically stuck with this car and this loan. I don’t think if I knew what I know now, I would have done it all over again. Honestly, with the unusual depreciation of this vehicle, I doubt I will buy another new car any time soon.
Just venting a little of my regrets about the other ways I could have gone. If I just stuck with the first MME and made what would have amounted to the payments I made to this GTPE’s loan, my car would have been almost entirely paid off. If I didn’t push my dealership to be quicker with the repair of my first MME’s HVJB, I would have qualified for a buy back. If I didn’t “have to have” the spicy one, I wouldn’t be feeling the monthly pinch of an extra 450 higher car payment. I kind of wish I had the sense to “cut bait” rather than double down on the MME.
I have what might be described as an unhealthy obsession with the MME. There isn’t a day that goes by when I don’t spend more than a half hour thinking about the car.
My MME story basically could be summed up like this: I saw the car as an aspirational purchase. I loved the look of it before it came out. I had never bought a new car in my life.
Interest rates were good. Availability was not. I could only find a few MME Select AWDs on lots. I hated my first new car buying experience. I paid some slight ADM (less than 5 percent). I got a decent rate at the time (1.9 percent).
When I had a HVJB failure after less than 8k miles, I should have not pushed so hard to get the dealership to get me my car back as quickly as I did. They got the car repaired just under the 30 day limit that would have had me qualify in my state for a buy back/lemon law. Granted, I had 16k worry free miles since that point.
During that time, I really got the hankering to upgrade to a GTPE. I did everything to have it make sense financially. It sure didn’t make any sense pragmatically. I eventually did trade in my Select AWD for a GTPE. After having a failure that required my almost brand new car to be towed to the dealership of my first MME, it made little sense to double down. But, here I am. The purchase was just about in my reach financially.
I love my GTPE, don’t get me wrong. After it had its HVJB failure after 3k miles of ownership, I have only had to have it in the shop for a voltage sensor in the back motor for one day. Otherwise it has been flawless for 14k miles.
The interest rate on this car is way worse than my first MME (5.7 vs 1.9) and the amount I owe on this car is way more than what I could sell it for. I am basically stuck with this car and this loan. I don’t think if I knew what I know now, I would have done it all over again. Honestly, with the unusual depreciation of this vehicle, I doubt I will buy another new car any time soon.
Just venting a little of my regrets about the other ways I could have gone. If I just stuck with the first MME and made what would have amounted to the payments I made to this GTPE’s loan, my car would have been almost entirely paid off. If I didn’t push my dealership to be quicker with the repair of my first MME’s HVJB, I would have qualified for a buy back. If I didn’t “have to have” the spicy one, I wouldn’t be feeling the monthly pinch of an extra 450 higher car payment. I kind of wish I had the sense to “cut bait” rather than double down on the MME.
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