General

Topic Ford - Powerboost or Lightning

MrBean

* 5-Aug-2022(#1)

I'm torn on what to do and have to make a decision quickly.

So I reserved a Lightning (on day 3) and didn't make the cut this year. So I caved, and put in for a 2022 Powerboost (Limited) about 5 months ago (with a Z plan - that is not a guarantee to be available to me next year). Just got notified that it'll be assembled near end of September (after 5 months of zero communication).

My lease was up 8 months ago (2018 Platinum with 44k miles - should end around 8k or more miles under lease); however, I kept extending monthly in waiting to trade in towards next one.

I'm sure I probably should have simply bought out the lease and sold open market (still can); however, with the fee's and hassle of buying then selling ... I was/am naively optimistic that my dealership will get me close enough to close the gap between private and trade-in with all the fee's managed. My dealership told me typically, that open market only makes sense if you can make > 7% of cost to cover all the fee's/tax/etc. when buying out the lease.

KBB is saying I should be somewhere between $42k to $50k for the value of my truck, yet I just tried out Carvana & Vroom and they both offered me $38k --- not great leverage to show the dealership!

I'm stuck in debate, and I have to crap or get of the pot really soon. A few questions/points:
- Do I wait out the Lightning and skip the Powerboost? The cost of gas seems to be coming down relatively quick, hope/assume it will continue to decline, but who knows!
- First gen of Ford's EV seems to be going well ... but 300 miles max, leaves for some anxiety (even though there's a ton of charging stations out there now), and you know their next gen they'll probably have a much longer distance.
- That damn Frunk, man I want that ... grocery shopping with kids/dogs in a truck, pain in the ass.
- No timeline as of now on when the '23 Lightning will even be available.
- Do I buy out my current lease and attempt to sell open market?
- I'm nervous about the payment on a Limited If I don't get a good offer on trade-in, probably overdid it here but got excited having a Z plan for the first time

Thanks for any/all feedback

....................................... Skipping Messages Here .......................................

MrBean

13-Nov-2022(#41)

The 4xEs are awesome! We're looking at a Wrangler, a Rubicon potentially. The $7500 kickback is enticing for the hybrid but the option is like $10k. I didn't realize until recently that they have a full gas tank, really awesome and pisses me off Ford didn't do the same with their trucks.

Also, the blue lettering with the E's is slick!

MrBean

13-Nov-2022(#42)

sinnie wrote:

> I'm excited for it though. It has nightvision, a passenger screen is standard (but

> can't be seen from the driver seat, looks black.) and lots of other cool features.

> It can raise and lower itself too.

Really? Wow, had no idea. We debated going the SUV route but wanted a regular Jeep for ease of towing with our RV. Still, these options sound awesome! What was total? Assuming $65+?

sinnie

13-Nov-2022(#43)

MrBean wrote:

> Really? Wow, had no idea. We debated going the SUV route but wanted a regular Jeep

> for ease of towing with our RV. Still, these options sound awesome! What was total?

> Assuming $65+?

With the options I got, 70,735 for the Trailhawk. There's some higher level trims though too but they are more luxury. I prefer the rugged look. Base TH is right at 65k but the lowest 4xe is in the 50s I think.

I am leasing this one because it is new tech. Might buy it at the end, might not. I might wait and see if we get a full electric one. I like having both too, but it's also twice as much to go wrong. Still the GC has gotten amazing reviews and the board I'm on everyone is loving theirs.

The Wrangler has a 4xe too. I almost got one of those but with 2 young kids and the road noise concern I decided to wait. They have also been around since 2021 so lots of time to work out kinks. The GC gets slightly better mileage which was another win for me.

loztdogs

13-Nov-2022(#44)

I couldn’t even fathom paying 70k for a new car. I cringed when I payed 32k for my Fj Cruiser a couple years ago.

sinnie

13-Nov-2022(#45)

loztdogs wrote:

> I couldn’t even fathom paying 70k for a new car. I cringed when I payed 32k for my

> Fj Cruiser a couple years ago.

I am trying not to think about it. But leasing I'll be "paying" under 30 over time and then upgrading unless I buy. But you are right. Hell it's almost as much as my first house cost!

MrBean

13-Nov-2022(#46)

Haha same here... I've progressively spent more with each lease. Telling myself "next time I'll scale back"... Haven't figured it out yet. This Limited Powerboost is $87k! Stupid. The Lightning is $98k, but passing in hopes of the Powerboost actually showing up.

So dumb, but man it's nice having a new ride every few years. At some point I'll stop being an idiot.

sinnie

13-Nov-2022(#47)

This will be the first time I'm leasing and I'm nervous about it. I'm gonna sell my current ride to Carvana for 22k (quote has already been done) but I can't give it up til my new ride is here.

Yes it's good having a new vehicle every few years. I got into a trap of buying one every 3-4yrs and with these prices for the features I want, it makes more sense to try leasing. I do want to either buy this one at the end, or find a good upgrade and buy that (or hell maybe even a used version of what I'll have or something slightly newer with the way car values drop.)

Though it's hilarious... almost 3 yrs ago no one would give me 15k for my Jeep and now I am going to get 22k for it. Wild times.

MrBean

13-Nov-2022(#48)

I always said I'd NEVER lease, alas, this is my 4th.

I said the same thing everytime... Imma buy it when I'm done. Problem is, new tech keeps ya hooked. Just like anything else these days. It's addicting, and stupid.

Yet it's AMAZING not having to do any maintenance sans oil changes.

Jeeps are worth a ton these days. My buddy traded in his old one, got a brand new one, for almost same payment.

Staraang

13-Nov-2022(#49)

sinnie wrote:

> This will be the first time I'm leasing and I'm nervous about it. I'm gonna sell

> my current ride to Carvana for 22k (quote has already been done) but I can't give

> it up til my new ride is here.

> Yes it's good having a new vehicle every few years. I got into a trap of buying one

> every 3-4yrs and with these prices for the features I want, it makes more sense to

> try leasing. I do want to either buy this one at the end, or find a good upgrade

> and buy that (or hell maybe even a used version of what I'll have or something slightly

> newer with the way car values drop.)

> Though it's hilarious... almost 3 yrs ago no one would give me 15k for my Jeep and

> now I am going to get 22k for it. Wild times.

Have you looked at carbuyerusa.com? They were giving me a better quote than Carvana for my car.

sinnie

14-Nov-2022(#50)

Got the call my Jeep showed up this morning so I'm picking it up tomorrow!! Putting down a total of 16k so my monthly payments will be a low 430/mo and yeah... will decide if I'm buying towards the end. Leasing for 3 years.

I just looked at carbuyerusa.com and they gave a good offer but still about 500 below carvana. So I am in the process of submitting everything to Carvana.

sinnie

14-Nov-2022(#51)

Here's pics. She's a dirty girl. They gotta clean her up for me.

image
image
image
image

loztdogs

14-Nov-2022(#52)

Congrats @sinnie looks good!

MrBean

14-Nov-2022(#53)

Badass @sinnie! Enjoy!

Staraang

14-Nov-2022(#54)

That's a nice ride. Enjoy!

sinnie

14-Nov-2022(#55)

Thanks I'm excited!! I wanted to order this earlier this year but was preoccupied with baby stuff and being in the hospital so we ordered it in August. First time I've ever ordered one like this. Sucked to wait but woohoo!
Also got my Carvana quote locked in and guaranteed. Old car goes Wednesday and after my down payment on this one I'll have 8k in my pocket.

Bishop

15-Nov-2022(#56)

sinnie wrote:

> Thanks I'm excited!! I wanted to order this earlier this year but was preoccupied

> with baby stuff and being in the hospital so we ordered it in August. First time

> I've ever ordered one like this. Sucked to wait but woohoo!

> Also got my Carvana quote locked in and guaranteed. Old car goes Wednesday and after

> my down payment on this one I'll have 8k in my pocket.

Carvana is such a stupid easy experience. Guy that picked my vehicle up literally asked for the keys, had me sign it, snapped a few photos, and on the truck it went. No test drive, no popping the hood, nothing.

loztdogs

15-Nov-2022(#57)

Selling a car to carvana is one thing. Buying is another. Similar experience selling a couple years ago. Two guys came to pick up my car, max time maybe 15 mins before my check was in hand. Fast forward to August of this year. Plan was to sell my current car and buy a new one all from the comfort of my 6” iPhone screen. Picked a car, applied my trade turned in all paperwork, and did an ach for the balance. Now we wait… except that’s all I did was wait. a week went by no status change. Called customer service- “your vehicle is in pre delivery inspection” - cool! Another week goes by no status change. Called customer service- “your vehicle is in pre delivery inspection” Ok but, that’s what I was told last week. Do you have the car, does it really take two weeks to inspect?!? Another week goes by no status change. Called customer service- “your vehicle is in pre delivery inspection” Ok Well it’s been 3 weeks and either there are problems found in the inspection and you’re not being upfront about or the car is lost, can’t be located. Either way I canceled. Left me pretty frustrated with Carvana, I ended up selling my old car to a dealership for more than I payed and more than the Carvana offer and just bought something local.

sinnie

15-Nov-2022(#58)

Bishop wrote:

> Carvana is such a stupid easy experience. Guy that picked my vehicle up literally

> asked for the keys, had me sign it, snapped a few photos, and on the truck it went.

> No test drive, no popping the hood, nothing.

lol damn I am hoping for a similar experience. Nothing wrong with mine but I don't want any nitpicking bullcrap.

Took delivery of the GC 4xe today and it's fudging amazing!!! So much tech inside it's insane. So fun to drive and FAST. It feels like I'm inside a tank from the future. Gonna be spending a while programming things and figuring stuff out that's for sure. I'm quite happy!

sinnie

15-Nov-2022(#59)

I keep hearing Carvana is about to go belly up. I don't care as long as I get my deposit first. Their stock has crumbled from 300 to 10 and it can't be sustainable offering so much extra cash on vehicles than anyone else will. Especially if they're not gonna really look them over before picking up.

I have heard nothing but nightmares buying from them too.

Bishop

15-Nov-2022(#60)

loztdogs wrote:

> Selling a car to carvana is one thing. Buying is another. Similar experience selling

> a couple years ago. Two guys came to pick up my car, max time maybe 15 mins before

> my check was in hand. Fast forward to August of this year. Plan was to sell my

> current car and buy a new one all from the comfort of my 6” iPhone screen. Picked

> a car, applied my trade turned in all paperwork, and did an ach for the balance.

> Now we wait… except that’s all I did was wait. a week went by no status change.

> Called customer service- “your vehicle is in pre delivery inspection” - cool! Another

> week goes by no status change. Called customer service- “your vehicle is in pre delivery

> inspection” Ok but, that’s what I was told last week. Do you have the car, does

> it really take two weeks to inspect?!? Another week goes by no status change. Called

> customer service- “your vehicle is in pre delivery inspection” Ok Well it’s been

> 3 weeks and either there are problems found in the inspection and you’re not being

> upfront about or the car is lost, can’t be located. Either way I canceled. Left

> me pretty frustrated with Carvana, I ended up selling my old car to a dealership

> for more than I payed and more than the Carvana offer and just bought something local.

Would never be a buyer from them after experiencing how they buy vehicles. I watched my vehicle when it was listed go to three different buyers (and this was over the summer with crazy diesel prices)... not a chance in hell they made money on what they offered for my vehicle and what they sold it for after factoring in transportation costs. Even with rolling in financing...

Bishop

* 15-Nov-2022(#61)

sinnie wrote:

> I keep hearing Carvana is about to go belly up. I don't care as long as I get my

> deposit first. Their stock has crumbled from 300 to 10 and it can't be sustainable

> offering so much extra cash on vehicles than anyone else will. Especially if they're

> not gonna really look them over before picking up.

> I have heard nothing but nightmares buying from them too.

Curious when you finally sell how your experience is. I know the second I got the check in hand, I mobile deposited while the guy was loading my vehicle. Their business model isn't sustainable and they will, with a high probability, end up in BK.

sinnie

15-Nov-2022(#62)

Bishop wrote:

> sinnie wrote:

> Curious when you finally sell how your experience is. I know the second I got the

> check in hand, I mobile deposited while the guy was loading my vehicle. Their business

> model isn't sustainable and they will, with a high probability, end up in BK.

Yeah I'll post about it tomorrow. I'm getting a direct deposit wire so it should be instant. I'm expecting it to be pretty easy. I'm on a 4xe forum and a lot of new Jeep buyers just used them without any issues.

sinnie

16-Nov-2022(#63)

Alright, so tiny hiccup in the selling process but nothing bad. I had scheduled it to be picked up from my home today ($75.) However a driver called out sick so they called me up and said they couldn't get to me until Sunday. I told them I needed this done today and they let me bring it in (12 miles away.) and my plan was to use a Lyft to get home.
Got there just fine, a tech came over, got in started it up, moved it all of 18 inches, got out, had me sign some paperwork and it was done. No lowballing or issues at all with the transfer. Funds should be in my account by morning.
The worst was standing around in 30 degrees with a breeze waiting for my drive home. All in all, not bad.

sinnie

17-Nov-2022(#64)

Got my pickup fee refunded and full payment for the car was in my account this morning. 10/10

Now to come up with a clever name for my Jeep and maybe vanity plates…

DarkFact

17-Nov-2022(#65)

MrBean wrote:

> So I have to renew my lease for a 12th month. Just got a new email saying we suck,

> we have no idea when you'll get your truck, our bad. No compensation, no reasoning,

> no support. This comes after they removed features from my Powerboost with no communications

> and no alternative.

Well yeah, there's not much they can do if they still can't get chips and parts. This is probably a year off from parts STARTING to normalize, just gotta keep waiting like they are.

sinnie

17-Nov-2022(#66)

Day 1.5 of ownership and I scheduled the electrician to come in and install a level 2 charger. I have charged a few times for free with a fast charger near my home while running errands. It isn't even a big deal because my errands are THERE and I just charge for the time I'm parked. I have driven 130 miles and used about 20 miles of my gas tank. This is the bomb!

Jeep names will be 1 of the 3 depending on what vanity plates are available (order of preference.)
Bleach
White Lotus
Moon Buggy

Hope ya'lls stuff comes in soon. It is totally worth the wait even though it sucks!

MrBean

17-Nov-2022(#67)

Of those 3, white lotus has my vote!

sinnie

17-Nov-2022(#68)

man no plates available though. lol I do like white lotus.

MrBean

17-Nov-2022(#69)

sinnie wrote:

> man no plates available though. lol I do like white lotus.

0 instead of O?

sinnie

17-Nov-2022(#70)

MrBean wrote:

> sinnie wrote:

>> man no plates available though. lol I do like white lotus.

> |>

> 0 instead of O?

Tried it. I might be able to do a 5 instead of an s. I'll check. But yeah I think we're gonna go White Lotus. I was gonna get a tattoo of one anyway. IDK if I'll find a good plate though. Might just have to think of a silly one.

Porksta

17-Nov-2022(#71)

My vote is for White Power, being that it is an electric car. WHTPWR - is it available?

sinnie

17-Nov-2022(#72)

Porksta wrote:

> My vote is for White Power, being that it is an electric car. WHTPWR - is it available?

yeah... gotta be careful with that crap. lmao

KCPenguins

17-Nov-2022(#73)

sinnie wrote:

> Porksta wrote:

>> My vote is for White Power, being that it is an electric car. WHTPWR - is it

> available?

> yeah... gotta be careful with that crap. lmao

In StL, what's the worst that could happen?

sinnie

18-Nov-2022(#74)

KCPenguins wrote:

> sinnie wrote:

>> Porksta wrote:

> |>> My vote is for White Power, being that it is an electric car. WHTPWR - is it

>> available?

>> yeah... gotta be careful with that crap. lmao

> In StL, what's the worst that could happen?

haha I imagine I'd get shot at on day 1.

MrBean

18-Nov-2022(#75)

I feel like this is a Dave Chapelle skit waiting to happen

benstylus

18-Nov-2022(#76)

I feel like Kanye probably already has that plate

KCPenguins

18-Nov-2022(#77)

sinnie wrote:

> KCPenguins wrote:

>> sinnie wrote:

> |>> Porksta wrote:

>> |>> My vote is for White Power, being that it is an electric car. WHTPWR - is

> it

> |>> available?

> |>>

> |>> yeah... gotta be careful with that crap. lmao

> |>>

>> In StL, what's the worst that could happen?

> haha I imagine I'd get shot at on day 1.

Park that baby proudly in front of your store! Just buy up on your insurance first.

sinnie

18-Nov-2022(#78)

KCPenguins wrote:

> sinnie wrote:

>> KCPenguins wrote:

> |>> sinnie wrote:

>> |>> Porksta wrote:

> |>> |>> My vote is for White Power, being that it is an electric car. WHTPWR - is

>> it

>> |>> available?

>> |>>

>> |>> yeah... gotta be careful with that crap. lmao

>> |>>

> |>>

> |>> In StL, what's the worst that could happen?

>> haha I imagine I'd get shot at on day 1.

> Park that baby proudly in front of your store! Just buy up on your insurance first.

To be fair, my store is in a rich scared white people town.

IDK the only fun plate I have found available is ZIP ZAP but none of my names really fit. OH maybe Raiden!

sinnie

18-Nov-2022(#79)

lol Raiden is available... hmmm but I like Zip Zap. I got choices to make ya'll

MrBean

18-Nov-2022(#80)

I regret not getting RUM HAM when it was available.

sinnie

19-Nov-2022(#81)

Going Raiden all the way. Car is white/black and blue accents so it fits with his colors too. I can't believe RAIDEN is available.