Poll: Nearly All Ford Mustang Mach-E Owners Paid MSRP or Less
You can’t swing a dead catalytic converter on the internet without hitting a post showing a crazy dealer markup on a popular model. Electrified vehicles like the new Ford Mustang Mach-E, now in its 14th month of sales, are among those with many of the most shocking MSRP markup posts. The posts usually go something like, “I was at Happy Auto Ford today and saw this markup!” The post is accompanied by a photo showing a disturbing markup of $10K or more. What almost none of the posts show is an actually completed sale breakdown. The reason is that those markups are not what most people actually pay.
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How do we know the precise markups paid? We don’t. We suspect Ford doesn’t even know. However, Ford shoppers are savvy, and Ford has numerous programs designed to offer its loyal owners discounts. We polled the largest Ford Mustang Mach-E Facebook Owners’ club to see what the trend was for Mustang Mach-E purchases. Our goal was to see what owners say they paid for their vehicle. As you can see from the poll screenshot above, most buyers say that they paid the manufacturer’s suggested retail price plus destination and doc fees. A meme on social media saying “I paid exactly what Ford meant for me to and not one penny more!” isn’t one that is going to go viral. That’s a shame.
Related Story: Huge Dealer Markups May Not Be What They Seem
Many buyers participated in one of Ford’s discount programs and paid less than MSRP. Yes, not a dealer markup, but a price lower than Ford suggested the dealer sell the Mach-E for. By our count, Ford has four “friends and family” type plans that offer employees, dealer employees, and their friends and family members special discounts on Ford products. GM, Toyota, and pretty much every major automaker in America offer such plans. Ford’s are the AXZ and D plans. Since the Mustang Mach-E is primarily a vehicle one orders, because the landscape of vehicle buying has rapidly shifted over the past 18 months, these plans have taken on even more important than they have traditionally. Roughly a third of those who responded to the poll say they benefitted from one of the plans. All who mentioned the plans say they paid less than MSRP.
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All but one of the respondents paid within $5K of the MSRP, and just a small number paid more than $2K over the MSRP and destination and doc fees.
There are many reasons why dealer markups make our blood boil. It is an emotional reaction, and many feel they are unfair. However, most folks don’t philosophically oppose a customer paying less than the advertised price for a vehicle. Nor do they create and share passionate social media posts saying “My sale was just what I expected and I thought was fair.” Funny how that works.
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If you purchased a new Ford Mustang Mach-E over the past year or so and wish to share your experience, please feel free to use the comments below. If you do, throw in your state and which trim you now own.
Image of Ford Mustang Mach-E by John Goreham. Chart courtesy of Facebook and the Ford Mustang Mach-E owners group.
John Goreham is a long-time New England Motor Press Association member and recovering engineer. John's interest in EVs goes back to 1990 when he designed the thermal control system for an EV battery as part of an academic team. After earning his mechanical engineering degree, John completed a marketing program at Northeastern University and worked with automotive component manufacturers, in the semiconductor industry, and in biotech. In addition to Torque News, John's work has appeared in print in dozens of American news outlets and he provides reviews to many vehicle shopping sites. You can follow John on TikTok @ToknCars, on Twitter, and view his credentials at Linkedin
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