Last day! It was fun expensive and …

[antimatterparticle]

Let’s start by saying that I never lost so much money on a car. Well did I? From 80k to 40k in 3 years. But that is not counting the rebates etc.

Best vehicle I’ve had, but it does not make sense to keep making those high payments anymore. Writing a check for 10k to satisfy negative equity: it is definitely not fun!

I wish Ford had been a little more friendly to early adopters and I may have stayed with the brand.

Will miss the ride quality, cabin space, frunk, bed, blue cruise, speed, comfort.

Will not miss: payment, depreciation, efficiency, some dealerships.

I would still recommend getting into one at the right price/lease payment.

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[Whammy Bar]

So if its almost fully depreciated at this point, why get rid of it?

 

[antimatterparticle]

So if its almost fully depreciated at this point, why get rid of it?

So since I already lost 40k, i should be ok to lose another 30k in the next 3 years? Infallible…

 

[FloridaMan655321]

What will you be replacing it with that won't depreciate as much?

 

[antimatterparticle]

What will you be replacing it with that won't depreciate as much?

no need to replace. Just downsizing to two cars. But one of the 2 cars will be a 150$ a month lease.

 

[Whammy Bar]

So since I already lost 40k, i should be ok to lose another 30k in the next 3 years? Infallible…

So from 80 - 40... And you think you're gonna lose another 30?? So this truck will be 10k in 2028??

The battery will still be under warranty. And the home backup system will likely start working the following year.

 

[antimatterparticle]

So from 80 - 40... And you think you're gonna lose another 30?? So this truck will be 10k in 2028??

The battery will still be under warranty. And the home backup system will likely start working the following year.

I did not think the truck would’ve depreciated so much. I was wrong. I just don’t want to find out if I am wrong again .

My idea was to keep it for 10-12 years. Again, I just do not want to find out if it will make it etc.

But then again, with my luck, in 3 months gas prices go to 6$

 

[RickLightning]

The lack of logic here is confusing.

If you're going to keep it for 10-12 years, its worth at the time would be a non-issue.

I bought an F-150 in 2013 for $32,500, and sold it in 2023 for $24500.

After the depreciation hit you took, the curve slows down. It's done, but in my opinion you made an awful financial decision.

 

[FloridaMan655321]

Well nothing wrong with downsizing.
It should be noted that any vehicle that you start spec'ing out all the luxury items, you're going to take a bigger depreciation hit. Also, with EV's it's not really fair to claim the vehicle was 80k when you have to take $7500 right off the top. It's not like you're ever going to buy an EV and sell it tomorrow for close to what you paid for without the tax incentive. And one more thing, if you paid MSRP, that was a decision you made and should have planned on keeping for the long run. Mass produced vehicles should never be purchased at MSRP, even if there are more government lockdowns.

 

[Altivec]

So from 80 - 40... And you think you're gonna lose another 30?? So this truck will be 10k in 2028??

The battery will still be under warranty. And the home backup system will likely start working the following year.

Exactly... I don't understand the logic. The major depreciation already happened. I can understand the downsizing to two cars and saying it's a lifestyle thing but to blame it on depreciation? I have ICE trucks that deprecated the same amount during the same time. During the pandemic and chip shortage, if you could find a work truck, you bought it. They were all grossly over priced. After the pandemic and when they were able to meet demand again, they started discounting new ones like crazy. That's what caused the depreciation. It happened to all brands and to EV's and ICE. Stating you would have stuck with the brand if they were more friendly? Were you not present when YOU made the deal? Did they shackle you to the seat and make you sign? Sorry, but I don't understand the logic of. Best truck ever, loved it for three years, but won't buy the brand again because of lifestyle changes and decisions you made.

Not sure what you want us to say... Glad you loved the truck as much as we all love it. I guess enjoy your other two cheaper cars. Take care.

 

[FloridaMan655321]

I bought an F-150 in 2013 for $32,500, and sold it in 2023 for $24500.

Inflation and shortages helped make the numbers look good. I did the same with my 2015 M235i. I kind of planned on keeping it for a long time, but prices just kept going up.....

 

[MotoGary]

Not every life decision has to be "logical", especially by somebody else's definition. Most of our decisions are emotional anyway, and then we justify them with what we think is logic. Sometimes you just gotta move on from certain things in your life despite the cost. That can be perfectly logical too...

 

[Pioneer74]

I did not think the truck would’ve depreciated so much. I was wrong. I just don’t want to find out if I am wrong again .

My idea was to keep it for 10-12 years. Again, I just do not want to find out if it will make it etc.

But then again, with my luck, in 3 months gas prices go to 6$

If you were going to keep it 10 to 12 years, why did you care what it was worth right now?

 

[antimatterparticle]

If you were going to keep it 10 to 12 years, why did you care what it was worth right now?

Because there is a reason they have depreciated so much. And those dynamics will only get worse in the coming years. Too many variables that I cannot control and I do not have the enthusiasm nor trust to wait and see.

 

[antimatterparticle]

Did they shackle you to the seat and make you sign? Sorry, but I don't understand the logic of. Best truck ever, loved it for three years, but won't buy the brand again because of lifestyle changes and decisions you made.

Not sure what you want us to say... Glad you loved the truck as much as we all love it. I guess enjoy your other two cheaper cars. Take care.

I think I have enough history here that shows that I was a believer.

I hope you do not have to go through a module replacement…

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