Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

modrepub

(3,897 posts)
9. Consider No Money Down Lease
Thu May 8, 2025, 04:32 AM
May 2025

The biggest depreciation of any car is the minute you drive it off the lot. Take your down payment and park it in a high interest savings account for interest and set aside payments as needed. I.ve looked at Mach E prices after 3 years since you should have an option of buying the car at the end of the lease term to see how much I could have saved, which is the total of the lease payments plus the car price. It was about 10k on the premium version with the extended battery (not lithium).

On the minus side, the best time to buy is at the end of the year if there are old models left. But the 24s were more expensive and they didn't come with the heat pump, which is really only helpful if you're in a cold climate since the battery is less efficient in the cold.

That said, the price points on the 25s are better than the older versions. You get a heat pump, which could be a plus and blue cruz is supposed to be great for trips. Ford was offering a 2k bonus earlier in the year to go towards installing a home charger, but I'm not sure they're still doing that now. You're also not paying a premium at the moment. I've heard folks were paying 2-4k above MSP only a few years ago on the base models.

Best of luck on your new purchase. I'm in the market for the same car but will probably go with a used (23 or newer) premium at some point. They are fun from what I've heard (and test drove). Consider joining the MachE forum if you haven't already.

Recommendations

2 members have recommended this reply (displayed in chronological order):

I think your gf is right on! CaliforniaPeggy May 2025 #1
I just bought a 12 year old hybrid (Prius) Ms. Toad May 2025 #2
☝️ CentralMass May 2025 #4
I'm thinking $19000 17 years ago isn't that much less than $40000 now. paulkienitz May 2025 #10
It's around $28,550 in today's dollars. n/t Ms. Toad May 2025 #16
Inflation calculators always underestimate paulkienitz May 2025 #20
Well, my income in 2008 Ms. Toad May 2025 #25
Hard to comment, not knowing your financial situation, cashflow or if you own your own place. My wife and I share a Doodley May 2025 #3
Listen to her! LittleGirl May 2025 #5
They told us factory orders take three months currently. paulkienitz May 2025 #14
it wasn't the rechargeable batteries was it? LittleGirl May 2025 #17
It was the big battery that failed for her. paulkienitz May 2025 #21
That's the first I've heard LittleGirl May 2025 #27
If you're getting one, this seems to be the time to do it, before the tariffs kick in. Low price for an EV, good range, NBachers May 2025 #6
We felt that way driving a Prius LittleGirl May 2025 #18
That model has great reviews IronLionZion May 2025 #7
Not many road trips in our lives nowadays paulkienitz May 2025 #11
Isnt ford running employee pricing now? Figarosmom May 2025 #8
Yeah we got that offer paulkienitz May 2025 #12
Consider No Money Down Lease modrepub May 2025 #9
Yeah, just signed up for that forum. paulkienitz May 2025 #13
If your issue is which kind of car is least odious for climate... NNadir May 2025 #15
I'm in California where the grid has plenty of solar, paulkienitz May 2025 #22
I'm not a fan of California's grid, solar energy, and definitely not natural gas. NNadir May 2025 #23
No. paulkienitz May 2025 #29
You will often be driving a car powered by natural gas after exergy destruction. NNadir May 2025 #31
Solar is no fantasy. paulkienitz May 2025 #32
I'm with your best friend on this one. flvegan May 2025 #19
we looked at used prices paulkienitz May 2025 #24
cheaper to get a new GF. Groundhawg May 2025 #26
GF, GT, what's the difference? NBachers May 2025 #28
we bought it... paulkienitz May 2025 #30
WE BOUGHT IT... FOR TWO DAYS. paulkienitz May 11 #33
Latest Discussions»Issue Forums»Environment & Energy»My gf wants me to spend $...»Reply #9