JvlTed
Member
- First Name
- Ted
- Joined
- May 29, 2023
- Threads
- 1
- Messages
- 14
- Reaction score
- 26
- Location
- Janesville WI
- Vehicles
- 2023 Ford Lightning Platinum
- Occupation
- Safety Consultant
- Thread starter
- #1
After 6 months of driving my Lightning Platinum - I'm out.
Paid $100,000 for it on Memorial Day and received a trade in on Thanksgiving for $64,500. (Other trade in offers were $45,000, $53,000, and $59,000) Not good.
I put 15,000 miles on the truck in 6 months and loved the ride and acceleration of course. Living in Southern Wisconsin, when the meter said I had 320 miles, I could rely on 250; no problem...............in the summer temperatures.
WELL - then the temperature dropped to 20 degrees F (not that cold) and my 320 miles dropped real fast. In the garage the meter said 320 & when it sat out on the driveway, that 320 now said 260 at 100% charge. Driving it to the Audi dealership that was 70 miles away, the range dropped from 320 to 100 miles. Sorry, that doesn't work with me and my job.
Read the Wall Street Journal & EV's have fallen off a cliff in demand. Ford dropped the price of the truck $10,000 6 weeks after purchase, Ford rebated me $6300, but the dealer (Gordie Boucher / Janesville WI) kept $5000 and there was nothing I could do about it, they had a lame excuse. Recently Ford started offering $7500 rebates and that tanked resale further. (Please remember no "green" rebates for this price level.)
I gave it a fair shot. I got caught up in "the hype" of the waiting list and seeing it after 2 years. The dealers aren't good at representing these. Part of it is Ford's fault and some responsibility is with the dealerships as well. (The Illinois Ford dealers won a lawsuit saying they can't be forced into paying upgrades for EV's.) It's still a bit of a mess. The idea is good, but it's time will come down the road.
I'm very lucky I had the money to buy it for cash, take the hit on trade in, and return to Q7's which have treated me well.
Maybe someday I'll be back.
Paid $100,000 for it on Memorial Day and received a trade in on Thanksgiving for $64,500. (Other trade in offers were $45,000, $53,000, and $59,000) Not good.
I put 15,000 miles on the truck in 6 months and loved the ride and acceleration of course. Living in Southern Wisconsin, when the meter said I had 320 miles, I could rely on 250; no problem...............in the summer temperatures.
WELL - then the temperature dropped to 20 degrees F (not that cold) and my 320 miles dropped real fast. In the garage the meter said 320 & when it sat out on the driveway, that 320 now said 260 at 100% charge. Driving it to the Audi dealership that was 70 miles away, the range dropped from 320 to 100 miles. Sorry, that doesn't work with me and my job.
Read the Wall Street Journal & EV's have fallen off a cliff in demand. Ford dropped the price of the truck $10,000 6 weeks after purchase, Ford rebated me $6300, but the dealer (Gordie Boucher / Janesville WI) kept $5000 and there was nothing I could do about it, they had a lame excuse. Recently Ford started offering $7500 rebates and that tanked resale further. (Please remember no "green" rebates for this price level.)
I gave it a fair shot. I got caught up in "the hype" of the waiting list and seeing it after 2 years. The dealers aren't good at representing these. Part of it is Ford's fault and some responsibility is with the dealerships as well. (The Illinois Ford dealers won a lawsuit saying they can't be forced into paying upgrades for EV's.) It's still a bit of a mess. The idea is good, but it's time will come down the road.
I'm very lucky I had the money to buy it for cash, take the hit on trade in, and return to Q7's which have treated me well.
Maybe someday I'll be back.
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