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The federal tax credit really plays too much of a factor in these comparisons...Just saw Pelosi put back 4 weeks of paid family leave back in the proposal which Manchin said he can't support already.
The tricky part is obviously that Chevy lost the credit. I haven't been following them recently but when I was shopping they had also stopped the insane discounts. So a LT base model Bolt is going to be significantly cheaper and still a decent value but a proper comparison would be a Premier/2LT.And the out-the-door prices of the Mustang Mach-E and the Polestar 2 were?
jack vines
I suppose so.Ford, like everybody else, is constrained by battery supply. Mach E and Lightning demand will absorb everything they've have for the next few years.
I paid $54K for my Mach E, plus tax and title fees. Yes, much more than the $37.5K I paid for my Bolt back in 2017, but also a much more capable car.And the out-the-door prices of the Mustang Mach-E and the Polestar 2 were?
jack vines
Thanks for sharing.I paid $54K for my Mach E, plus tax and title fees. Yes, much more than the $37.5K I paid for my Bolt back in 2017, but also a much more capable car.
Agree that the MME is "more car." I mean, the big reason Ford draped it with the "Mustang" moniker was to give it cachet, despite the protests of "real" Mustang aficionados, which also meant they could justify a "premium" price.I think that was a design decision from some videos I've seen (long hood...compared to MY).
As for out-the-door prices, there is no question the MME is going to cost you more than a Bolt EV, esp comparing a higher end optioned MME vs. the cheapest Bolt, but most would say the MME gets you more car and is compared with the Tesla MY vs. a Bolt so that's a bit of an unfair comparison.
There's still the $7500 credit if nothing passes and if the Bolt qualifies again for a new credit ($12.5k), then the Bolt EV will be lots lots cheaper (assuming they don't raise prices) so new Bolts will be a much better deal. GM did instantly adjust prices when the credit expired back in 2019/2020.
Cheapest before tax/title with incentives in CA will be ~32.6k.
It would actually apply for a 2021 MME vs. a 2021 Bolt... The Bolt changed in 2022 and the 2022 MME won't even be out until the new year. To be fair, I can't judge against a 2022 Bolt but I took it as more of a face lift anyways so it'll probably still beat the MME in the same areas and vice versa.Nice writeup...BUT...comparing a 22 with a 19 Bolt makes little sense especially since the interior has been revamped...many of the differences don't exist in the updated Bolt...and EUV in particular.
I'm also surprised at how many people buy these instead of lease them. I leased my 2022 EUV just three months ago...and am paying $332 a month with zero drive off. That includes 9.5 tax and $500+ registration. And they delivered it to my door! Terms are for 36 months/10000 miles per year.
Nice writeup...BUT...comparing a 22 with a 19 Bolt makes little sense especially since the interior has been revamped...many of the differences don't exist in the updated Bolt...and EUV in particular.
I'm also surprised at how many people buy these instead of lease them. I leased my 2022 EUV just three months ago...and am paying $332 a month with zero drive off. That includes 9.5 tax and $500+ registration. And they delivered it to my door! Terms are for 36 months/10000 miles per year.
There was no federal tax credit...just a $1500 California one.
Personally, I lease all my cars. Especially new technology, or a car filled with new tech. The video processor malfunctioned last month...covered by warranty, but would have been a $1200 repair.
I leased both my previous Niro PHEV and now my Bolt for the same reason. EV technology is changing so fast, I wouldn't want to be locked into a particular car just yet. Range and charging speeds are increasing, battery prices are falling, and both the battery tech and in-car amenities continue to improve. When I Bolt lease is up, I'll likely be retired, and looking for that one last car. By 2023-24 there's going to be a lot of choices, perhaps even a solid state battery that charges in 5 minutes and has 500 miles of range. Still not quite equal to what I could do with my Passat diesel (5 minutes to fill, almost 1000 miles of range at freeway speeds), but more than sufficient.I'm also surprised at how many people buy these instead of lease them. I leased my 2022 EUV just three months ago...and am paying $332 a month with zero drive off. That includes 9.5 tax and $500+ registration. And they delivered it to my door! Terms are for 36 months/10000 miles per year.
My wife and I put way too many miles on a car for leasing to be cheaper than owning. Took 4 years to put 96K miles on our Bolt. I tend to keep cars until they drop. We currently have two 2008 vehicles at home, one of those is my GMC pickup with 180K miles, which will be replaced with a Hummer EV, hopefully late next year. It has been very reliable, few repairs and has been paid for since 2012. And I pull a couple of big (>5K lbs) trailers with it.Nice writeup...BUT...comparing a 22 with a 19 Bolt makes little sense especially since the interior has been revamped...many of the differences don't exist in the updated Bolt...and EUV in particular.
I'm also surprised at how many people buy these instead of lease them. I leased my 2022 EUV just three months ago...and am paying $332 a month with zero drive off. That includes 9.5 tax and $500+ registration. And they delivered it to my door! Terms are for 36 months/10000 miles per year.
There was no federal tax credit...just a $1500 California one.
Personally, I lease all my cars. Especially new technology, or a car filled with new tech. The video processor malfunctioned last month...covered by warranty, but would have been a $1200 repair.
Some dealer will not mark up if you order. I am looking at ID.4 and it would be $1K markup for ones on the lot. If I order and wait, no markup. Probably be the same for any dealer you go to.I have been researching EV’s for the past several months and keep coming back to the EUV, assuming that the Bolt once again qualifies for the tax credit/rebate. The only thing holding me back is the charging speed.
I have been trying to come around to the ID4 / MME but the prices spike on those quickly and cant justify the difference at this point.
For me it will probably come down to the EUV or Lyriq. Lyriq has everything I want, but figure it would be at least a year before I have a real opportunity to buy one.
I have a close relative that works at a Chevy dealership that could probably help me get one without a dealer markup. If that doesn’t work out I’d likely just wait for the market supply to improve.