The Ford Mustang Mach-E hasn’t even hit the streets yet, but based on internal documents the automaker is expecting it to have very poor resale value.
According to a lease residual value bulletin sent to dealers in advance of the first deliveries, Ford is predicting its Mach-E to be worth just 39% of the original MSRP after three years. After four years, the number is slightly better, bottoming out at 32% among the various trim options.
These numbers are in stark contrast to Tesla Model 3 resale values, which have proven to be the best in the used car market. Earlier this year iSeeCars conducted a study on the best cars to buy new over used. The results found the Model 3 lost just 5.5% of its value after one year, or $2,529 USD.
There are a few caveats to be aware of in the comparison between the Mach-E and the Model 3. The first is the Mach-E values are based on 3 and 4 year terms, whereas the Model 3 was based on just 1 year.
The second is that the Model 3 is a sedan, and the Mach-E is an SUV. The Model Y might be better vehicle to compare against, but there is limited data available on its residual value.
According to CAREdge.com, the Model Y will be worth 58.43% of its original value after three years, and 50.04% after four years. Still quite a bit better than what Ford is anticipating.