FordBuyer Posted July 16, 2020 Share Posted July 16, 2020 Well, that didn't take long. Ford Credit is offering free money on 48 month loan on new Sport. Assuming 10% down, customer saves around $3,500, same as $3,500 rebate. On the Badlands version, even more money saved. On a 60 month loan, 2.9%, and 5.9% on 84 month loan....ouch. Quote Link to comment Share on other sites More sharing options...
bzcat Posted July 16, 2020 Share Posted July 16, 2020 0% is the new normal given overall vehicles sales are down due to the pandemic. Mazda launched the CX-30 with 0% financing too. It's just cost of doing business in this economy. 2 Quote Link to comment Share on other sites More sharing options...
jasonj80 Posted July 16, 2020 Share Posted July 16, 2020 1 hour ago, bzcat said: 0% is the new normal given overall vehicles sales are down due to the pandemic. Mazda launched the CX-30 with 0% financing too. It's just cost of doing business in this economy. Well doesn't hurt that they are borrowing the money from the Fed at almost 0% for the loan. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted July 16, 2020 Share Posted July 16, 2020 Good job Ford but I wonder if this means trouble for Focus if it doesn't get similar competitive financing. Quote Link to comment Share on other sites More sharing options...
akirby Posted July 16, 2020 Share Posted July 16, 2020 2 hours ago, FordBuyer said: Well, that didn't take long. Ford Credit is offering free money on 48 month loan on new Sport. Assuming 10% down, customer saves around $3,500, same as $3,500 rebate. On the Badlands version, even more money saved. On a 60 month loan, 2.9%, and 5.9% on 84 month loan....ouch. Where did you get $3500? A 48 month loan for $30k is only $1800 interest. And a lot of buyers can’t swing or don’t want a $650+ payment even at 0% so the take rate will be low. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted July 16, 2020 Share Posted July 16, 2020 5 minutes ago, jpd80 said: Good job Ford but I wonder if this means trouble for Focus if it doesn't get similar competitive financing. Focus? You mean Escape? Quote Link to comment Share on other sites More sharing options...
akirby Posted July 16, 2020 Share Posted July 16, 2020 21 minutes ago, jpd80 said: Good job Ford but I wonder if this means trouble for Focus if it doesn't get similar competitive financing. It might even stop sales of a Focus in NA....... ? 3 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted July 16, 2020 Share Posted July 16, 2020 (edited) 4 minutes ago, akirby said: It might even stop sales of a Focus in NA....... ? Sorry I meant Escape. It's early Friday morning here. Edited July 16, 2020 by jpd80 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted July 16, 2020 Share Posted July 16, 2020 (edited) 28 minutes ago, rmc523 said: Focus? You mean Escape? LOL, yeah my brain wasn't awake. Escape was struggling before this with competitive financing targeted a certain areas and not others. I have this awful feeling that a lot of Bronco Sport sales are now coming from Escape buyers responding to the strong marketing of Bronco Sport. Lower Mexican build costs of attractive Bronco Sport is even more reason for Ford to support it over Escape, I just don't see this ending well for Louisville but maybe Escape hybrid is the one big factor that rebalanced sales... Edited July 16, 2020 by jpd80 Quote Link to comment Share on other sites More sharing options...
mackinaw Posted July 16, 2020 Share Posted July 16, 2020 7 minutes ago, jpd80 said: Escape was struggling before this with competitive financing targeted a certain areas and not others. I have this awful feeling that a lot of Bronco Sport sales are now coming from Escape buyers responding to the strong marketing of Bronco Sport. Definitely we are. A few months back, we had pretty much decided on getting an Escape PHEV. Now that the Broncos have been revealed, whole new ballgame. Still have to sit in a Bronco or Bronco Sport first, but the Escape is now #3 on our list. 1 Quote Link to comment Share on other sites More sharing options...
ice-capades Posted July 16, 2020 Share Posted July 16, 2020 54 minutes ago, jpd80 said: LOL, yeah my brain wasn't awake. Escape was struggling before this with competitive financing targeted a certain areas and not others. I have this awful feeling that a lot of Bronco Sport sales are now coming from Escape buyers responding to the strong marketing of Bronco Sport. Lower Mexican build costs of attractive Bronco Sport is even more reason for Ford to support it over Escape, I just don't see this ending well for Louisville but maybe Escape hybrid is the one big factor that rebalanced sales... As is so often the case, Ford won't build what many Dealers want to satisfy their market demand. Case in point is the Escape SE Sport Hybrid. We could sell or lease them all day long but Ford treats them as a controlled commodity and is restricting production to the point where we're lucky if we can get allocation for 1 per month. But they'll build plenty of Titanium Hybrids! Ask Ford why and they'll tell you that they don't make enough profit on the SE. Ford builds what they want to build regardless of what the customer base or Dealers want. And they don't care if they lose customers to the competition. 2 Quote Link to comment Share on other sites More sharing options...
rperez817 Posted July 16, 2020 Share Posted July 16, 2020 3 minutes ago, ice-capades said: Case in point is the Escape SE Sport Hybrid. We could sell or lease them all day long but Ford treats them as a controlled commodity and is restricting production to the point where we're lucky if we can get allocation for 1 per month. Wow, only 1 a month, that's crazy ice-capades sir! As the sweet sport in the 2020 Escape lineup, I always figured SE Sport Hybrid would be in high demand. But with such limited supply, things must be very frustrating for customers and dealerships. When I test drove an Escape SE Sport Hybrid at Autonation Ford, my salesman told me the few SE Sport Hybrids in their allocation sold very quickly. The one I test drove found a customer only a few days later. Toyota has taken the opposite approach for RAV4. They really promote the hybrid across all trims but especially the lower ones - LE (base) and XLE (midgrade). XLE Hybrid is pretty similar in terms of features and pricing to Escape SE Sport Hybrid. RAV4 is now the best selling hybrid vehicle in the U.S. 1 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted July 16, 2020 Share Posted July 16, 2020 (edited) 32 minutes ago, ice-capades said: As is so often the case, Ford won't build what many Dealers want to satisfy their market demand. Case in point is the Escape SE Sport Hybrid. We could sell or lease them all day long but Ford treats them as a controlled commodity and is restricting production to the point where we're lucky if we can get allocation for 1 per month. But they'll build plenty of Titanium Hybrids! Ask Ford why and they'll tell you that they don't make enough profit on the SE. Ford builds what they want to build regardless of what the customer base or Dealers want. And they don't care if they lose customers to the competition. It's the same old disconnect with what customers want, I get that Ford wants to maximize profit but how many times has Ford wounded itself by not listening to dealer feedback on what trims or combinations are selling. I'm beginning to think you're forecast of Ford's playbook is all too familiar. Edited July 16, 2020 by jpd80 3 Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted July 16, 2020 Author Share Posted July 16, 2020 I don't know that an Escape customer is interested in buying an awd Bronco Sport. I don't need or want to pay for an awd vehicle. I don't need a boxy vehicle that can fjord a 30 inch deep stream. The Sport is a nice vehicle and if I was younger and still downhill skied and still lived in a cold climate, I would buy one. But now the Escape fits my lifestyle better. So Ford is just covering the bases to fit the needs of different lifestyles and likes. Both fill a niche. Furthermore, Ford hasn't announced any plans for a Sport hybrid. I don't know that a hybrid even fits the Bronco image. Time will tell I guess. I get it that there are a few on here who diss the Escape as if Ford did nothing to improve it, only made it worse. But those of us who own and drive one know better. And I like the Bronco Sport. 2 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted July 17, 2020 Share Posted July 17, 2020 It’s not about dissing the Escape, it’s all about there now being a choice and for the many owners that now buy AWD over FWD it is worth considering. The cost difference AWD to AWD models is not all that much and that will influence some Escape buyers to switch to what is actually a retro Escape. Quote Link to comment Share on other sites More sharing options...
akirby Posted July 17, 2020 Share Posted July 17, 2020 2 hours ago, FordBuyer said: . Furthermore, Ford hasn't announced any plans for a Sport hybrid. I don't know that a hybrid even fits the Bronco image. Time will tell I guess.. Oh I think we’ll see hybrids for both Bronco and sport but they’ll probably be performance phevs using the Corsair and aviator PHEV Powertrains. 1 Quote Link to comment Share on other sites More sharing options...
CKNSLS Posted July 17, 2020 Share Posted July 17, 2020 5 hours ago, rperez817 said: Wow, only 1 a month, that's crazy ice-capades sir! As the sweet sport in the 2020 Escape lineup, I always figured SE Sport Hybrid would be in high demand. But with such limited supply, things must be very frustrating for customers and dealerships. When I test drove an Escape SE Sport Hybrid at Autonation Ford, my salesman told me the few SE Sport Hybrids in their allocation sold very quickly. The one I test drove found a customer only a few days later. Toyota has taken the opposite approach for RAV4. They really promote the hybrid across all trims but especially the lower ones - LE (base) and XLE (midgrade). XLE Hybrid is pretty similar in terms of features and pricing to Escape SE Sport Hybrid. RAV4 is now the best selling hybrid vehicle in the U.S. I just paid $2.05/gal for gas. I know its even cheaper elsewhere-this is a tough road for all hybrids-with these cheap gas prices. Quote Link to comment Share on other sites More sharing options...
CKNSLS Posted July 17, 2020 Share Posted July 17, 2020 2 hours ago, FordBuyer said: I don't know that an Escape customer is interested in buying an awd Bronco Sport. I don't need or want to pay for an awd vehicle. I don't need a boxy vehicle that can fjord a 30 inch deep stream. The Sport is a nice vehicle and if I was younger and still downhill skied and still lived in a cold climate, I would buy one. But now the Escape fits my lifestyle better. So Ford is just covering the bases to fit the needs of different lifestyles and likes. Both fill a niche. Furthermore, Ford hasn't announced any plans for a Sport hybrid. I don't know that a hybrid even fits the Bronco image. Time will tell I guess. I get it that there are a few on here who diss the Escape as if Ford did nothing to improve it, only made it worse. But those of us who own and drive one know better. And I like the Bronco Sport. The Escape is a better vehcile in many respects than the old one-except in looks. It's ugly. 1 Quote Link to comment Share on other sites More sharing options...
ice-capades Posted July 17, 2020 Share Posted July 17, 2020 Found it amusing, interesting and more yesterday when I finally saw a 2020 Escape on the road! 1 Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted July 17, 2020 Share Posted July 17, 2020 8 hours ago, akirby said: Oh I think we’ll see hybrids for both Bronco and sport but they’ll probably be performance phevs using the Corsair and aviator PHEV Powertrains. There's rumors abound at the plant but nothing concrete. I believe it will happen eventually. Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted July 17, 2020 Share Posted July 17, 2020 38 minutes ago, ice-capades said: Found it amusing, interesting and more yesterday when I finally saw a 2020 Escape on the road! I finally saw a new Ranger in the parking lot at work yesterday. 1 Quote Link to comment Share on other sites More sharing options...
rperez817 Posted July 17, 2020 Share Posted July 17, 2020 9 hours ago, CKNSLS said: I just paid $2.05/gal for gas. I know its even cheaper elsewhere-this is a tough road for all hybrids-with these cheap gas prices. Good point CKNSLS sir. For sales success these days, hybrid versions of cars and light trucks have to offer more than just improved fuel efficiency. 2020 Escape SE Sport Hybrid does this very well. Compared to the 3-cylinder SE version, it looks better inside and out, has a much much smoother and quieter powertrain, and doesn't compromise utility. The hybrid version is simply a better Escape overall, well worth the extra money. RAV4 is like this too, CR-V not so much. 1 Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted July 17, 2020 Author Share Posted July 17, 2020 9 minutes ago, rperez817 said: Good point CKNSLS sir. For sales success these days, hybrid versions of cars and light trucks have to offer more than just improved fuel efficiency. 2020 Escape SE Sport Hybrid does this very well. Compared to the 3-cylinder SE version, it looks better inside and out, has a much much smoother and quieter powertrain, and doesn't compromise utility. The hybrid version is simply a better Escape overall, well worth the extra money. RAV4 is like this too, CR-V not so much. Don't forget that the Escape Hybrid is a relatively quick vehicle also. When you kick the accelerator down, you get the combined power of the engine and the electric motor. It's far from being underpowered at all. The 650 miles out of a 14 gallon tank is a nice bonus. And it's really not so much about the price of gas as much as it is how much you have to gas up. Also it's about being able to travel most of the time in electric mode only. Much quieter and cleaner. 1 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted July 17, 2020 Share Posted July 17, 2020 (edited) 2 hours ago, fuzzymoomoo said: I finally saw a new Ranger in the parking lot at work yesterday. Which reminds me, Rumour is that Maverick pickup will have 2.5 hybrid and 2.0 EB FWD and AWD option Trims XL, XLT and Lariat like Ranger. I'm betting Bronco Sport will get the 2.5 hybrid but probably timed with Maverick pickup Edited July 17, 2020 by jpd80 Quote Link to comment Share on other sites More sharing options...
Anthony Posted July 17, 2020 Share Posted July 17, 2020 When is Maverick expected again? Quote Link to comment Share on other sites More sharing options...
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