We leased a new 2023 Mach-E yesterday, it's a Premium AWD with just about every option under the sun except for the extended range battery. Been languishing on the lot since sometime last year.
Original sticker - $55,400
Dealer discount down to $44,600
Ford lease credit on all leftover 2023 Mach-E Premiums - another $10,500 off. They were previously offering a $7500 lease credit, but when they bumped it up to $10,500, we jumped.
It had more options than I even realized when we showed up at the dealer, like the Bang & Olufsen stereo, I'm seriously going to have to look at the Monroney label again to see everything that's on it. It kept surprising us going down the road with all the stuff that it has, like auto brights for example. Color is Vapor Blue, which was a new color for 2023. Yeah it's a kind of EV looking color, but it's really pretty in the sunlight as it's pearlescent metallic.
I originally didn't want an AWD with the standard battery because it puts the range in the mid-high 220s, but you know what, we don't go out of town very often. And the amount of public chargers is growing fast, plus, the Fords have access to some percentage of the Tesla network that is compatible. This was the least expensive 23 Premium, with the dealer markdown, available within 100 miles. So, it's fine. Another plus point is that several of the magazine reviews said they got more highway range out of the Mach-E than the EPA and Ford ratings stated, so, maybe that will be true in our case also.
And even though I wasn't looking for it, with the AWD it is gonzo fast. The salesperson said it was less than 4 seconds 0-60, but I wasn't about to find out with my wife and 8 year old in the car. It is fast enough even with moderate pedal pressure coming off a stoplight that all the other cars will be far, far behind you very quickly. I had to tell my wife on the test drive she was going 85 - I think in a 60 zone, haha.
Other thing that was originally desirable on our EV hunting list, although not a hard requirement - has an LFP battery, so no cobalt. Honestly I think this is a red herring issue anyway, but it will be nice to be able to retort to people who try to throw the cobalt mining issues in my face, and yes that has happened in real life, not just on social media.
There are some drawbacks to this car, the cabin and the cargo area are not as voluminous as say the Model Y and the ID.4, mostly noticeable in the backseat accommodations when big ol me is in the front seat (6'7", 320ish). But I was already tired of my wife trying to convince me all the time that we need to have only 3 row vehicles. I mean it is just the three of us, and we still have the Navigator (for now). It's also not as efficient in a mile per watt hour basis so far in driving it as compared to say my parents ID.4, but they bought theirs in 2022 when the demand was still really high and paid sticker at close to $50K. So I really can't complain too much, electricity is cheap at home (.13 per kwh) and cheaper on the ChargePoint chargers at my office in the parking garage (.10 per kwh).
The lease is for 3 years at 15K miles per year. The buyout is very reasonable, and I think we will probably do so unless something goes horribly awry during the lease period. I suppose you might ask why we just didn't buy it in the first place. We probably would have, but the $10,500 credit was only available on the lease, go figure. Maybe Ford figures they'll get a bunch of them back in 3 years and the market for EVs won't be so soft at that point. But I wasn't about to leave that money on the table just to "own" it.
Comments? Fire away...
Original sticker - $55,400
Dealer discount down to $44,600
Ford lease credit on all leftover 2023 Mach-E Premiums - another $10,500 off. They were previously offering a $7500 lease credit, but when they bumped it up to $10,500, we jumped.
It had more options than I even realized when we showed up at the dealer, like the Bang & Olufsen stereo, I'm seriously going to have to look at the Monroney label again to see everything that's on it. It kept surprising us going down the road with all the stuff that it has, like auto brights for example. Color is Vapor Blue, which was a new color for 2023. Yeah it's a kind of EV looking color, but it's really pretty in the sunlight as it's pearlescent metallic.
I originally didn't want an AWD with the standard battery because it puts the range in the mid-high 220s, but you know what, we don't go out of town very often. And the amount of public chargers is growing fast, plus, the Fords have access to some percentage of the Tesla network that is compatible. This was the least expensive 23 Premium, with the dealer markdown, available within 100 miles. So, it's fine. Another plus point is that several of the magazine reviews said they got more highway range out of the Mach-E than the EPA and Ford ratings stated, so, maybe that will be true in our case also.
And even though I wasn't looking for it, with the AWD it is gonzo fast. The salesperson said it was less than 4 seconds 0-60, but I wasn't about to find out with my wife and 8 year old in the car. It is fast enough even with moderate pedal pressure coming off a stoplight that all the other cars will be far, far behind you very quickly. I had to tell my wife on the test drive she was going 85 - I think in a 60 zone, haha.
Other thing that was originally desirable on our EV hunting list, although not a hard requirement - has an LFP battery, so no cobalt. Honestly I think this is a red herring issue anyway, but it will be nice to be able to retort to people who try to throw the cobalt mining issues in my face, and yes that has happened in real life, not just on social media.
There are some drawbacks to this car, the cabin and the cargo area are not as voluminous as say the Model Y and the ID.4, mostly noticeable in the backseat accommodations when big ol me is in the front seat (6'7", 320ish). But I was already tired of my wife trying to convince me all the time that we need to have only 3 row vehicles. I mean it is just the three of us, and we still have the Navigator (for now). It's also not as efficient in a mile per watt hour basis so far in driving it as compared to say my parents ID.4, but they bought theirs in 2022 when the demand was still really high and paid sticker at close to $50K. So I really can't complain too much, electricity is cheap at home (.13 per kwh) and cheaper on the ChargePoint chargers at my office in the parking garage (.10 per kwh).
The lease is for 3 years at 15K miles per year. The buyout is very reasonable, and I think we will probably do so unless something goes horribly awry during the lease period. I suppose you might ask why we just didn't buy it in the first place. We probably would have, but the $10,500 credit was only available on the lease, go figure. Maybe Ford figures they'll get a bunch of them back in 3 years and the market for EVs won't be so soft at that point. But I wasn't about to leave that money on the table just to "own" it.
Comments? Fire away...
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