Xander9791
Member
- Joined
- Sep 22, 2015
- Messages
- 5
Any thoughts on buying an FFE that was bought back by Ford as a lemon-law vehicle? I have four to choose from MY2012-2014. All still have bumper-to-bumper warranty left.
MY2012 has more features than other years: rain sensing wipers, homelink, maybe more... I'd get a 2012. But like michael says, it would have to be awfully cheap.Xander9791 said:Any thoughts on buying an FFE that was bought back by Ford as a lemon-law vehicle? I have four to choose from MY2012-2014. All still have bumper-to-bumper warranty left.
Xander9791 said:They are asking 12,400 for the 2012 (23,000 miles) and 13,900 for the 2014 (7,000 miles).
I do not qualify for the entire Federal tax rebate and Michigan has no state incentive. Plus, there is a savings of nearly $1000 by not paying 6% sales tax on the MSRP.
Even with an employee discount, we are talking for a 2015 ~$28,500 (leather)-$4000 incentive-$7500 Federal tax incentive +$1000 extra sales tax = $18,000.
2016 is eligible for a $2500 factory incentive.
I will know shortly why it was bought back.
How did you get the price down that low before the tax credit? That's roughly half of MSRP. You're saying you get another $7500 in tax credit in addition to that price?scottt said:You don't get the Federal Tax credit on a used car.
RUN (don't walk) from both of these deals. I paid $15,389.99 (out the door) for my 2015 FFE with no state incentive.
hybridbear said:How did you get the price down that low before the tax credit? That's roughly half of MSRP. You're saying you get another $7500 in tax credit in addition to that price?scottt said:You don't get the Federal Tax credit on a used car.
RUN (don't walk) from both of these deals. I paid $15,389.99 (out the door) for my 2015 FFE with no state incentive.
Then you're being deceptive. It's important to keep them separate.scottt said:hybridbear said:How did you get the price down that low before the tax credit? That's roughly half of MSRP. You're saying you get another $7500 in tax credit in addition to that price?scottt said:You don't get the Federal Tax credit on a used car.
RUN (don't walk) from both of these deals. I paid $15,389.99 (out the door) for my 2015 FFE with no state incentive.
No. I'm including the $7500 back in the price "paid"
hybridbear said:Then you're being deceptive. It's important to keep them separate.
scottt said:hybridbear said:scottt said:I paid $15,389.99 (out the door) for my 2015 FFE with no state incentive.
I'm including the $7500 back in the price "paid"
scottt said:But the federal tax credit doesn't come until the following year, so its not part of the "out the door" price which actually should be $22,889.99 in this example.
Thats assuming that price includes all taxes and fees too.
"Out the door" price is what you pay the dealer in total. Any rebates or tax credits happen later and shouldn't be counted yet.
For the final price total, I wouldn't refer to that as "out the door price" more like "price including all taxes, fees, tax credits and rebates"
campfamily said:scottt said:But the federal tax credit doesn't come until the following year, so its not part of the "out the door" price which actually should be $22,889.99 in this example.
Thats assuming that price includes all taxes and fees too.
"Out the door" price is what you pay the dealer in total. Any rebates or tax credits happen later and shouldn't be counted yet.
For the final price total, I wouldn't refer to that as "out the door price" more like "price including all taxes, fees, tax credits and rebates"
$22,889 before any tax incentives is a smoking hot deal. I paid $27,093 out the door before tax incentives for my car back in May, and I thought I did good. You beat my deal by over $4,000!!
Here's the breakdown of my deal:
$30,990 MSRP
<$2,342> discount from MSRP
$28,648 selling price
$2,578 sales tax (9% here in Los Angeles)
$367 registration and doc fees
$31,593 total price
<$4,500> Ford Rebates
$27,093 out the door
Then, I qualified for the Federal Tax Refund ($7,500) and the California Rebate ($2,500), meaning my total price for the car (as opposed to my out the door price) was $17,093. I was very happy with that price, until I see somebody beat it by $4,000!!! :evil: :evil: :evil:
xchpstang said:I got my 14 down to 28,300 from 38K MSRP (before that big drop in MSRP they had sometime at the end of 14 model year). In the area of California where I live the incentives total 13K (7500 federal, 2500 state, 3000 air district). So it was 15,300 but the big scam here in California is sales taxes: this is calculated on MSRP. So basically 18,200 was the total with taxes. If I had to do a random unscientific biased valuation on one of these, anything above 75% of that 18K I paid would be a non starter for a used one: knowing what I know now I wouldn't pay more than 13500 for a pristine very low mileage example of my car. If you thought there was a big discrepancy between MSRP on a new one and the big drop in price on a used one, just wait for the shock of the 150-200 mile range generation of cars coming in the next few years, for about what we paid for ours.
San Joaquin Valley Air Pollution Control District.damania said:xchpstang said:I got my 14 down to 28,300 from 38K MSRP (before that big drop in MSRP they had sometime at the end of 14 model year). In the area of California where I live the incentives total 13K (7500 federal, 2500 state, 3000 air district). So it was 15,300 but the big scam here in California is sales taxes: this is calculated on MSRP. So basically 18,200 was the total with taxes. If I had to do a random unscientific biased valuation on one of these, anything above 75% of that 18K I paid would be a non starter for a used one: knowing what I know now I wouldn't pay more than 13500 for a pristine very low mileage example of my car. If you thought there was a big discrepancy between MSRP on a new one and the big drop in price on a used one, just wait for the shock of the 150-200 mile range generation of cars coming in the next few years, for about what we paid for ours.
What part of CA are you in that you qualify for the $3000 from the air district?
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