Most trim levels of the Mach-E appear to be getting a price reduction. Reportedly, Ford dealers received word that the following reductions take place immediately: $3,000 less for all Premium trim models, $2,000 less for all CA Route 1 models and $1,000 less for all Select and First Edition models. The GT price remains unchanged.
Got me to finally place an order. It also helped my tax professional confirmed I would qualify for the full Federal Tax Credit. And, yes, I am keeping the ID.4 reservation for now as a backup.
Until the EV incentive changes here in Canada, the only model eligible for rebates at the Federal and Provincial levels is the "Select" model as the other 2 models are over the $55K cap. This rules out the AWD version and the extended range version which would be my choice if I decided to purchase. Provincial : $3K https://electricvehicles.bchydro.com/incentives/EV-incentives-in-BC and Federal:$5K https://tc.canada.ca/en/road-transportation/innovative-technologies/zero-emission-vehicles Finally the model list from Ford Canada: https://www.ford.ca/suvs/mach-e/2021/ Select model $50,495 without AWD, W/AWD $55,995 (just over the cap)
Congratulations! I hope you'll consider continuing to post about your experiences in the Mach-E sub-forum. Hopefully you won't need to switch to your backup ID.4. Not that it's not a good vehicle or value, I just think the Mustang Mach-E will be more fun to drive.
I had a few things to figure out with the Mach-e before I could order one. First, my Honda Clarity lease does not end until a year from now (10/2021) and I believe getting at the end of the line when I did should work work give or take a month or two. Second, was the Federal Tax Credit because, unlike a traditional lease, Ford Option puts the vehicle in the owner's name and the owner has to claim it on their taxes. Third, the Extended Range Premium was a bit out of my budget until Ford dropped the price $3K. I would have been happy to lease an ID.4 and then give it back. With the Mustang Mach-e, I will be keeping and purchasing it with the balloon payment at the end of the Ford Option "lease". Oh, yeah, you're right, the Mustang Mach-e will be a lot more fun to have. It will look like this...
Great price after the price drop and incentives. $15.5k of incentives and discount. But I think i will wait for next year's model so they can work out issues with the car.
Yes, I realized that the Mach-e RWD extended battery (my choice) and the Tesla Y are about the same price -- that was quite a shock. But, the Mustang does have the benefit of not having an uber-minimalist interior, while the Tesla has the benefit of a heat pump. Here in Ontario, Canada, I'm not sure which way to go.
The federal i-zev program should be modified to increase the cap over $55K (for 6 seat vehicles or fewer) given the prices available, if Canada wishes to achieve it's zero emission sales targets. https://globalnews.ca/news/7448683/canada-electric-car-target/ If used electric cars could be included, additionally rebate based on MSRP - trade in value, that would go a lot further to achieve these goals
Mine is being built now, and I still see the price as 56,000, is the $3000 coming off that price? Also, I saw in the article about “leasing” the Mach-E mention of a $4,100 incentive. Is that dealer specific? How do I get that?
Hello, ive been curious, are the website payment calculations spot on? based on ford option. i didnt see an option for regular lease? still debating on my first ev.
Remember it does not add in any sales tax and fees. For Ford Red Carpet Lease info, contact a dealer. I found the calculations give a good starting point. However, search the Internet for spreadsheets people have created which will compare a loan, lease and Ford Options.
I did the build and price on the website then asked my salesman if it was accurate. He mentioned that he could probably be a bit better than the website. That was before my wife started working at the dealership in the finance office. I might now be able to get a real employee pricing.