I picked up my first of the Mach-E GT orders last week. So far so good. Second order coming in next week. I am on the fence about getting it or not.
Out the door cost (with tax and license etc) - 2k Ford Rebate = 72k.
(If I do claim the 7500 fed credit, this brings the cost to 64.5k)
Offers I have gotten:
Carbingo = 72k
Carbuyer = 72k
Everyone else is much below or they don’t want to make an offer because the car is too new. I have been told I can’t sell the car until I get the plates from CA DMV, which I don’t know how long it takes.
From this standpoint, there is some money to be made. But what do you guys think? Worth the risk? This is the first time I’ve even considered flipping cars, so not sure what to expect.
Would Ford have an issue loaning 2 expensive cars to me? Does any one know what Ford Motor credits acceptable debt to income ratio is?
74k out of pocket, 72k check back…, “profit” is in the tax credit claim, which is 10 months out, will net 5.5k?
Tying up 2k money right now to collect at tax time…How you pay your federal tax is what would determine doing your flip in my opinion. If you pay lump sum or quaterly then id entertain the idea… but if its a w2 and taxes withheld per pay period, then I wouldnt bother
Or NJ, no sales tax. I’m in the same boat, just picked mine up and wondering when I’m gonna start looking for offers. There is no info out there anywhere on actual value, it will be whatever a 3rd party wants to pay for it, but will require more than just typing in the vin.
I actually really like the car, but I also really like my 439 a month 4xE HA so I have no idea WTF I’m gonna do. If I really want another Mach E, it will be an order at the end of August with production starting in October, might get it by March 23?