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Hello Friends,

Last week I declined receipt of my 2022 F-150 Lightning Lariat. You might ask, "why are you telling me this as I have been chomping at the bit to finally get mine"? The answer, I want to provide my experience if there are potentially others who were in my situation and just need more feedback/data.

I was elated when Ford announced the Lightning and obtained a reservation on May 19 2021. I will fast forward through all the pain of waiting for an order date, very poor communication from my dealer, liaising back and forth with Ford corporate, and educating myself on how to get my hands on one of these trucks. Sidenote: I want to thank all contributors to this forum for most of that intel, which again is why I am here following up (to give a bit back).

Anyway, ultimately I received the golden ticket and placed an order for a Lariat Extended Battery with options back in Mar, 2022. Once again, the order was painful as my dealership hadn't a clue on how to do this once I received the order invitation. The dealership communication was poor again which drove me back to Ford corporate to figure it out which I used to help inform the dealership. The last 8 months I was in purgatory while waiting for production of said vehicle. During this time and especially as of late, I was in data review mode, reading whatever review came my way and trying to align reality with my expectations, layered on top of what and how I plan to use the vehicle.

2 weeks ago, I heard from the dealership that my vehicle was in and ready to take delivery. I was very excited. It was at that time I went into my typical large purchase mode and listed out all my pros and cons (subjective to me of course).

Thereafter I went to the dealership, reviewed the vehicle from head to toe and test drive and left saying I had to think about it as I had resverations going in and a few more when I left. They gave me the weekend but said would take ownership themselves and sell it if I didnt take ownership (at a steep markup of course).

Pros: Probably dont need to tell this group all the pros but here goes anyway. Streamlined, very slick looking truck. Beautiful smoked quartz color, with bigger wheels and upgraded tires and a few other options. The technology is state of the art, new age, and has many intuitive and intelligent features, and validated all of the positive reviews I had seen online from both professionals and everyday users. Clearly going electric and Ford being an industry leader with a large and proven company was primary in my initial decision. I loved that I could charge at my home and not have to visit the gas man. Living in Southern California with gas prices the way they are, was very much incentive for me to crossover to an electric truck. The specifications on this truck are amazing considering the torque, tow rating, and speed (0-60) times. Warranty was standard but fair for this space.

Cons: Lariat Extended battery was not cheap but I had been looking at Raptors so it was a wash price wise for me. Given my early order, I had early order pricing, they have gone up since as you all know. I was fortunate after visiting with them and after some discussion to have them honor my build price of just over 80k vs some of the crazy markup stories. Note, they checked my car into inventory as part of their "standard practice" and had this listed on their website at 107K!!! For the price of this vehicle I was quite dismayed over the last 1.5 years on the lack of engagement from the dealer and corporate which probably tainted my experience somewhat. I was always willing to assume some risk with this being a 1st generation vehicle but after seeing recent reviews and critiques my risk tolerance was less (new unproven tech, range, towing, etc). My biggest concern is mostly the misalignment on how I planned to use the vehicle vs perhaps the average daily knockaround town driver. Again, I live in San Diego and while I dont drive far regularly, when I do I was concerned about the range and charging infrastructure. I typically have mountain bikes hanging off the back of my truck, standup paddleboards in the bed or on top, and the occasional trailer off the back towing toys. Range with any non wind resistant appendages was a problem for me. Also, we go to Big Bear, Mammoth, Tahoe, Vegas, the desert (and other places) often throughout the year and after looking at charging centers along a couple of routes, and feedback on charging complications, this turned into a very tough decision for me. Some other smaller items, I did not like the stinkbug stance and was somewhat underwhelmed by the interior again vs the Raptor. Also, given I typically put bigger, more aesthetically pleasing wheels and tires on my vehicles the range was sure to draw down even more while the cost was going up even higher. I spoke with my accountant and he mentioned that the rebate was likely not going to be something I would be able to take advantage of given my income and may not be around either with Ford almost hitting their cap for EVs. Lastly, he mentioned the charger that came standard with my truck was back-ordered 3+ months meaning I would not be charging at home for some time.

Summary: I still think this is an amazing truck and saw no tech or other issues running contrary to how this vehicle is marketed. It just didnt work for how I planned to use it and was more work than I was willing to invest to drive it. I know it seems counter, Lightning vs Raptor but the latter was a better fit for me. Also, given there is so much demand for this truck and considering the time I had invested I wasnt willing to let it go for nothing. After negotiation I was able to carry equity from my MSRP order for the Lightning to the Raptor. Essentially got a 2022 Raptor for ~MSRP (these things all have crazy MSRP markups). Initially, after negotiation, they were willing to pay me for my lightining but I decided to buy the Raptor from them and we both were happy.

Lightning owners, please take all that I say here with a grain of salt, no insult intended, just a personal thing for me and wanted to share my experience for other pole sitters.
 

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Hello Friends,

Last week I declined receipt of my 2022 F-150 Lightning Lariat. You might ask, "why are you telling me this as I have been chomping at the bit to finally get mine"? The answer, I want to provide my experience if there are potentially others who were in my situation and just need more feedback/data.

I was elated when Ford announced the Lightning and obtained a reservation on May 19 2021. I will fast forward through all the pain of waiting for an order date, very poor communication from my dealer, liaising back and forth with Ford corporate, and educating myself on how to get my hands on one of these trucks. Sidenote: I want to thank all contributors to this forum for most of that intel, which again is why I am here following up (to give a bit back).

Anyway, ultimately I received the golden ticket and placed an order for a Lariat Extended Battery with options back in Mar, 2022. Once again, the order was painful as my dealership hadn't a clue on how to do this once I received the order invitation. The dealership communication was poor again which drove me back to Ford corporate to figure it out which I used to help inform the dealership. The last 8 months I was in purgatory while waiting for production of said vehicle. During this time and especially as of late, I was in data review mode, reading whatever review came my way and trying to align reality with my expectations, layered on top of what and how I plan to use the vehicle.

2 weeks ago, I heard from the dealership that my vehicle was in and ready to take delivery. I was very excited. It was at that time I went into my typical large purchase mode and listed out all my pros and cons (subjective to me of course).

Thereafter I went to the dealership, reviewed the vehicle from head to toe and test drive and left saying I had to think about it as I had resverations going in and a few more when I left. They gave me the weekend but said would take ownership themselves and sell it if I didnt take ownership (at a steep markup of course).

Pros: Probably dont need to tell this group all the pros but here goes anyway. Streamlined, very slick looking truck. Beautiful smoked quartz color, with bigger wheels and upgraded tires and a few other options. The technology is state of the art, new age, and has many intuitive and intelligent features, and validated all of the positive reviews I had seen online from both professionals and everyday users. Clearly going electric and Ford being an industry leader with a large and proven company was primary in my initial decision. I loved that I could charge at my home and not have to visit the gas man. Living in Southern California with gas prices the way they are, was very much incentive for me to crossover to an electric truck. The specifications on this truck are amazing considering the torque, tow rating, and speed (0-60) times. Warranty was standard but fair for this space.

Cons: Lariat Extended battery was not cheap but I had been looking at Raptors so it was a wash price wise for me. Given my early order, I had early order pricing, they have gone up since as you all know. I was fortunate after visiting with them and after some discussion to have them honor my build price of just over 80k vs some of the crazy markup stories. Note, they checked my car into inventory as part of their "standard practice" and had this listed on their website at 107K!!! For the price of this vehicle I was quite dismayed over the last 1.5 years on the lack of engagement from the dealer and corporate which probably tainted my experience somewhat. I was always willing to assume some risk with this being a 1st generation vehicle but after seeing recent reviews and critiques my risk tolerance was less (new unproven tech, range, towing, etc). My biggest concern is mostly the misalignment on how I planned to use the vehicle vs perhaps the average daily knockaround town driver. Again, I live in San Diego and while I dont drive far regularly, when I do I was concerned about the range and charging infrastructure. I typically have mountain bikes hanging off the back of my truck, standup paddleboards in the bed or on top, and the occasional trailer off the back towing toys. Range with any non wind resistant appendages was a problem for me. Also, we go to Big Bear, Mammoth, Tahoe, Vegas, the desert (and other places) often throughout the year and after looking at charging centers along a couple of routes, and feedback on charging complications, this turned into a very tough decision for me. Some other smaller items, I did not like the stinkbug stance and was somewhat underwhelmed by the interior again vs the Raptor. Also, given I typically put bigger, more aesthetically pleasing wheels and tires on my vehicles the range was sure to draw down even more while the cost was going up even higher. I spoke with my accountant and he mentioned that the rebate was likely not going to be something I would be able to take advantage of given my income and may not be around either with Ford almost hitting their cap for EVs. Lastly, he mentioned the charger that came standard with my truck was back-ordered 3+ months meaning I would not be charging at home for some time.

Summary: I still think this is an amazing truck and saw no tech or other issues running contrary to how this vehicle is marketed. It just didnt work for how I planned to use it and was more work than I was willing to invest to drive it. I know it seems counter, Lightning vs Raptor but the latter was a better fit for me. Also, given there is so much demand for this truck and considering the time I had invested I wasnt willing to let it go for nothing. After negotiation I was able to carry equity from my MSRP order for the Lightning to the Raptor. Essentially got a 2022 Raptor for ~MSRP (these things all have crazy MSRP markups). Initially, after negotiation, they were willing to pay me for my lightining but I decided to buy the Raptor from them and we both were happy.

Lightning owners, please take all that I say here with a grain of salt, no insult intended, just a personal thing for me and wanted to share my experience for other pole sitters.
Which dealership? I ordered with Penske Ford. Build date is 12/12. So far they have been great!!
 

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Hello Friends,

Last week I declined receipt of my 2022 F-150 Lightning Lariat. You might ask, "why are you telling me this as I have been chomping at the bit to finally get mine"? The answer, I want to provide my experience if there are potentially others who were in my situation and just need more feedback/data.

I was elated when Ford announced the Lightning and obtained a reservation on May 19 2021. I will fast forward through all the pain of waiting for an order date, very poor communication from my dealer, liaising back and forth with Ford corporate, and educating myself on how to get my hands on one of these trucks. Sidenote: I want to thank all contributors to this forum for most of that intel, which again is why I am here following up (to give a bit back).

Anyway, ultimately I received the golden ticket and placed an order for a Lariat Extended Battery with options back in Mar, 2022. Once again, the order was painful as my dealership hadn't a clue on how to do this once I received the order invitation. The dealership communication was poor again which drove me back to Ford corporate to figure it out which I used to help inform the dealership. The last 8 months I was in purgatory while waiting for production of said vehicle. During this time and especially as of late, I was in data review mode, reading whatever review came my way and trying to align reality with my expectations, layered on top of what and how I plan to use the vehicle.

2 weeks ago, I heard from the dealership that my vehicle was in and ready to take delivery. I was very excited. It was at that time I went into my typical large purchase mode and listed out all my pros and cons (subjective to me of course).

Thereafter I went to the dealership, reviewed the vehicle from head to toe and test drive and left saying I had to think about it as I had resverations going in and a few more when I left. They gave me the weekend but said would take ownership themselves and sell it if I didnt take ownership (at a steep markup of course).

Pros: Probably dont need to tell this group all the pros but here goes anyway. Streamlined, very slick looking truck. Beautiful smoked quartz color, with bigger wheels and upgraded tires and a few other options. The technology is state of the art, new age, and has many intuitive and intelligent features, and validated all of the positive reviews I had seen online from both professionals and everyday users. Clearly going electric and Ford being an industry leader with a large and proven company was primary in my initial decision. I loved that I could charge at my home and not have to visit the gas man. Living in Southern California with gas prices the way they are, was very much incentive for me to crossover to an electric truck. The specifications on this truck are amazing considering the torque, tow rating, and speed (0-60) times. Warranty was standard but fair for this space.

Cons: Lariat Extended battery was not cheap but I had been looking at Raptors so it was a wash price wise for me. Given my early order, I had early order pricing, they have gone up since as you all know. I was fortunate after visiting with them and after some discussion to have them honor my build price of just over 80k vs some of the crazy markup stories. Note, they checked my car into inventory as part of their "standard practice" and had this listed on their website at 107K!!! For the price of this vehicle I was quite dismayed over the last 1.5 years on the lack of engagement from the dealer and corporate which probably tainted my experience somewhat. I was always willing to assume some risk with this being a 1st generation vehicle but after seeing recent reviews and critiques my risk tolerance was less (new unproven tech, range, towing, etc). My biggest concern is mostly the misalignment on how I planned to use the vehicle vs perhaps the average daily knockaround town driver. Again, I live in San Diego and while I dont drive far regularly, when I do I was concerned about the range and charging infrastructure. I typically have mountain bikes hanging off the back of my truck, standup paddleboards in the bed or on top, and the occasional trailer off the back towing toys. Range with any non wind resistant appendages was a problem for me. Also, we go to Big Bear, Mammoth, Tahoe, Vegas, the desert (and other places) often throughout the year and after looking at charging centers along a couple of routes, and feedback on charging complications, this turned into a very tough decision for me. Some other smaller items, I did not like the stinkbug stance and was somewhat underwhelmed by the interior again vs the Raptor. Also, given I typically put bigger, more aesthetically pleasing wheels and tires on my vehicles the range was sure to draw down even more while the cost was going up even higher. I spoke with my accountant and he mentioned that the rebate was likely not going to be something I would be able to take advantage of given my income and may not be around either with Ford almost hitting their cap for EVs. Lastly, he mentioned the charger that came standard with my truck was back-ordered 3+ months meaning I would not be charging at home for some time.

Summary: I still think this is an amazing truck and saw no tech or other issues running contrary to how this vehicle is marketed. It just didnt work for how I planned to use it and was more work than I was willing to invest to drive it. I know it seems counter, Lightning vs Raptor but the latter was a better fit for me. Also, given there is so much demand for this truck and considering the time I had invested I wasnt willing to let it go for nothing. After negotiation I was able to carry equity from my MSRP order for the Lightning to the Raptor. Essentially got a 2022 Raptor for ~MSRP (these things all have crazy MSRP markups). Initially, after negotiation, they were willing to pay me for my lightining but I decided to buy the Raptor from them and we both were happy.

Lightning owners, please take all that I say here with a grain of salt, no insult intended, just a personal thing for me and wanted to share my experience for other pole sitters.
You should of gotten the rebate as long as you paid for it in 2022, the income limit does not apply.
 

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I think your expectations from the dealer were a bit high. Having already bought my wife a Mach-E and gone through the process once before—even earlier on when dealerships were clueless with the process and so was I—there isn’t really much the dealers are involved in until the truck is in production and/or at the dealership.

I just got the update today that my truck has been completed and expected delivery date is at the end of this month. I have talked to my dealer a total of 1 time throughout this process so far, and that was only to find the dealers order number and to confirm my VIN. The next conversation is likely them calling me to tell me I can pick it up at the dealership and to take it home.

As far as their markups and test driving before buying—when our Mach-E was delivered to the dealer I was told I was allowed to test drive and had to make a decision to take it home or not on the spot. They weren’t rude or slimy about it in any way, just said once you take delivery and test drive you needed to make a decision, which was fine because were were getting it regardless. They straight up told me, “Obviously the mustang is yours at MSRP but we aren’t pressuring you to buy it. Honestly we rather you don’t because we’ll mark it up about 10-15k and still sell it.” Again, this wasn’t said in a rude way, more matter of fact.

We are in SoCal as well and have done Palm Springs, Vegas, Idyllwyld, Running Springs, etc multiple times with no issues and plan to do so with the Lightning as well. Unfortunate that you didn’t take it off the lot but sounds like you and the dealer made out well on the deal!!
 

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I spoke with my accountant and he mentioned that the rebate was likely not going to be something I would be able to take advantage of given my income and may not be around either with Ford almost hitting their cap for EVs.
You may want to find another accountant if they were referring to the federal tax credit. To most people, $7500 (~9% of total) is a lot of money to be paying a professional to be mistaken about. From your post, it seems like cost played some factor when making your decision.
 

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"he mentioned the charger that came standard with my truck was back-ordered 3+ months meaning I would not be charging at home for some time "
Wut? Have not heard this being an issue at all. How are they gonna sell an electric vehicle without at least a 120v charger? LOL! In any case you could get one off Amazon within a few days or buy one on craigs list. Shit, I have two extras myself, both 40A, which can charge this truck overnight, no problem.
 

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Hello Friends,

Last week I declined receipt of my 2022 F-150 Lightning Lariat. You might ask, "why are you telling me this as I have been chomping at the bit to finally get mine"? The answer, I want to provide my experience if there are potentially others who were in my situation and just need more feedback/data.

I was elated when Ford announced the Lightning and obtained a reservation on May 19 2021. I will fast forward through all the pain of waiting for an order date, very poor communication from my dealer, liaising back and forth with Ford corporate, and educating myself on how to get my hands on one of these trucks. Sidenote: I want to thank all contributors to this forum for most of that intel, which again is why I am here following up (to give a bit back).

Anyway, ultimately I received the golden ticket and placed an order for a Lariat Extended Battery with options back in Mar, 2022. Once again, the order was painful as my dealership hadn't a clue on how to do this once I received the order invitation. The dealership communication was poor again which drove me back to Ford corporate to figure it out which I used to help inform the dealership. The last 8 months I was in purgatory while waiting for production of said vehicle. During this time and especially as of late, I was in data review mode, reading whatever review came my way and trying to align reality with my expectations, layered on top of what and how I plan to use the vehicle.

2 weeks ago, I heard from the dealership that my vehicle was in and ready to take delivery. I was very excited. It was at that time I went into my typical large purchase mode and listed out all my pros and cons (subjective to me of course).

Thereafter I went to the dealership, reviewed the vehicle from head to toe and test drive and left saying I had to think about it as I had resverations going in and a few more when I left. They gave me the weekend but said would take ownership themselves and sell it if I didnt take ownership (at a steep markup of course).

Pros: Probably dont need to tell this group all the pros but here goes anyway. Streamlined, very slick looking truck. Beautiful smoked quartz color, with bigger wheels and upgraded tires and a few other options. The technology is state of the art, new age, and has many intuitive and intelligent features, and validated all of the positive reviews I had seen online from both professionals and everyday users. Clearly going electric and Ford being an industry leader with a large and proven company was primary in my initial decision. I loved that I could charge at my home and not have to visit the gas man. Living in Southern California with gas prices the way they are, was very much incentive for me to crossover to an electric truck. The specifications on this truck are amazing considering the torque, tow rating, and speed (0-60) times. Warranty was standard but fair for this space.

Cons: Lariat Extended battery was not cheap but I had been looking at Raptors so it was a wash price wise for me. Given my early order, I had early order pricing, they have gone up since as you all know. I was fortunate after visiting with them and after some discussion to have them honor my build price of just over 80k vs some of the crazy markup stories. Note, they checked my car into inventory as part of their "standard practice" and had this listed on their website at 107K!!! For the price of this vehicle I was quite dismayed over the last 1.5 years on the lack of engagement from the dealer and corporate which probably tainted my experience somewhat. I was always willing to assume some risk with this being a 1st generation vehicle but after seeing recent reviews and critiques my risk tolerance was less (new unproven tech, range, towing, etc). My biggest concern is mostly the misalignment on how I planned to use the vehicle vs perhaps the average daily knockaround town driver. Again, I live in San Diego and while I dont drive far regularly, when I do I was concerned about the range and charging infrastructure. I typically have mountain bikes hanging off the back of my truck, standup paddleboards in the bed or on top, and the occasional trailer off the back towing toys. Range with any non wind resistant appendages was a problem for me. Also, we go to Big Bear, Mammoth, Tahoe, Vegas, the desert (and other places) often throughout the year and after looking at charging centers along a couple of routes, and feedback on charging complications, this turned into a very tough decision for me. Some other smaller items, I did not like the stinkbug stance and was somewhat underwhelmed by the interior again vs the Raptor. Also, given I typically put bigger, more aesthetically pleasing wheels and tires on my vehicles the range was sure to draw down even more while the cost was going up even higher. I spoke with my accountant and he mentioned that the rebate was likely not going to be something I would be able to take advantage of given my income and may not be around either with Ford almost hitting their cap for EVs. Lastly, he mentioned the charger that came standard with my truck was back-ordered 3+ months meaning I would not be charging at home for some time.

Summary: I still think this is an amazing truck and saw no tech or other issues running contrary to how this vehicle is marketed. It just didnt work for how I planned to use it and was more work than I was willing to invest to drive it. I know it seems counter, Lightning vs Raptor but the latter was a better fit for me. Also, given there is so much demand for this truck and considering the time I had invested I wasnt willing to let it go for nothing. After negotiation I was able to carry equity from my MSRP order for the Lightning to the Raptor. Essentially got a 2022 Raptor for ~MSRP (these things all have crazy MSRP markups). Initially, after negotiation, they were willing to pay me for my lightining but I decided to buy the Raptor from them and we both were happy.

Lightning owners, please take all that I say here with a grain of salt, no insult intended, just a personal thing for me and wanted to share my experience for other pole sitters.
Very interesting post and appreciate your thoughts and pros/cons. So, I have a '23 Lightning Lariat being built the week of 10/24 (Yes, I know that's in the past, but it still isn't showing on the website as built, nice job Ford....) and I currently drive a beautiful Performance Blue '19 Raptor with the nice blue recaro seats and all the options except the somewhat gaudy graphics.

I like how you were able to leverage the built-in equity from your Lightning into a new Raptor MSRP for MSRP. I can honestly say I would consider that route as well since I absolutely love how my '19 Raptor drives and I know the new ones are even better with nicer interior, etc.

I want to get my Lightning Lariat too and check it out for a few months, but I just don't think I'll have a long-term relationship with it as it's first gen and frankly, I have a gas card for work so fuel cost isn't an issue for me. Raptor looks better too than the Lightning..

Hmm, thanks again for your post, I may try that angle with my dealer if I test drive my LL when it comes in and don't absolutely love it and they have a Raptor available.
 

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You may want to find another accountant if they were referring to the federal tax credit. To most people, $7500 (~9% of total) is a lot of money to be paying a professional to be mistaken about. From your post, it seems like cost played some factor when making your decision.
Very interesting post and appreciate your thoughts and pros/cons. So, I have a '23 Lightning Lariat being built the week of 10/24 (Yes, I know that's in the past, but it still isn't showing on the website as built, nice job Ford....) and I currently drive a beautiful Performance Blue '19 Raptor with the nice blue recaro seats and all the options except the somewhat gaudy graphics.

I like how you were able to leverage the built-in equity from your Lightning into a new Raptor MSRP for MSRP. I can honestly say I would consider that route as well since I absolutely love how my '19 Raptor drives and I know the new ones are even better with nicer interior, etc.

I want to get my Lightning Lariat too and check it out for a few months, but I just don't think I'll have a long-term relationship with it as it's first gen and frankly, I have a gas card for work so fuel cost isn't an issue for me. Raptor looks better too than the Lightning..

Hmm, thanks again for your post, I may try that angle with my dealer if I test drive my LL when it comes in and don't absolutely love it and they have a Raptor available.
interesting, like you I too have a 19 performance blue raptor that is loaded. I have had many new f150’s but nothing as good as the raptor. I have a 23 lightning that is built and will be arriving soon. Like many, I am nervous but excited. Being from Saskatchewan and cold winters, I’m concerned about range. However, I see this way. The world is changing with so much technology at our feet. We have to move forward and be not so reliant on fossil fuels. It’s our duty to the future of the planet. If I can help in a small way, then I’m on board. Most of the automotive manufacturers are are looking to the future as well. As I am from the 2 biggest provinces, the other Alberta, in Canada that are pro gas and oil, I may offend some. But we must move forward. We are abundant in resources that include rare earth metals which produce those batteries. Just my 2 cents.
 

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Very interesting post and appreciate your thoughts and pros/cons. So, I have a '23 Lightning Lariat being built the week of 10/24 (Yes, I know that's in the past, but it still isn't showing on the website as built, nice job Ford....) and I currently drive a beautiful Performance Blue '19 Raptor with the nice blue recaro seats and all the options except the somewhat gaudy graphics.
You check your modules and see if you have a tear tag? Easy way to know it is mostly done.
 

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Discussion Starter · #11 ·
Is it just me or are some of the worst Ford dealerships located in Southern CA? I'm glad you were able to get the right truck to meet your needs. Raptors are dope.
No, So cal dealerships are the definitely the culprit. Encinitas Ford wants ~150k for a Ford Bronco Raptor. Another Dealer Defies Ford, Adds 94 Percent Mark Up On Bronco Raptor Priced At $154,005 | Carscoops. Ken Grody Ford in Carlsbad marks up significantly as well. I wasnt working with these dealers. Mine was good on pricing and eventually on sales when I found the right person
 

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Discussion Starter · #12 ·
You may want to find another accountant if they were referring to the federal tax credit. To most people, $7500 (~9% of total) is a lot of money to be paying a professional to be mistaken about. From your post, it seems like cost played some factor when making your decision.
Just being helpful and as I mentioned not all information was fully pressure tested. Ford will reach its cap on number of vehicles that are eligible for the full rebate and it will scale down the % of the rebate thereafter. Thats what he was referring to, also given the inflation reduction act and caps on rebates with respect to income that also became a factor. Fact. I know math so no need to be snarky nor defensive. Cost was a factor yes, but for those who know, the Raptor and level of Lightning I was interested in have the same MSRP, same cost, different type of apple.
 

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Discussion Starter · #13 ·
"he mentioned the charger that came standard with my truck was back-ordered 3+ months meaning I would not be charging at home for some time "
Wut? Have not heard this being an issue at all. How are they gonna sell an electric vehicle without at least a 120v charger? LOL! In any case you could get one off Amazon within a few days or buy one on craigs list. Shit, I have two extras myself, both 40A, which can charge this truck overnight, no problem.
Agree 100%. This I couldnt validate to be honest, just him telling me the negative feedback from other Lightning purchasers. They had 4 lightnings on the lot. 2 that were spoken for and 2 they bought off customers. Full disclosure, we all the know the demand for these vehicles, they are great, therefore my assessment was any vasilation he saw in me was an opportunity to get this MSRP lightning out of my hands and into someone else's (again at a steep markup). Thats why I was able to carry the equity over to the Raptor.
 

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With the law changes there are no caps on vehicles sold in 2023 and Ford will not reach the cap in 2022. It is not a rebate in 2022 - it is a tax credit. If you owed more than $7500 in taxes you can use the full credit. This is not influenced by your paycheck withholding - it is based on the total tax owed before applying what was withheld. You may want to double check your accountant.
 

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Discussion Starter · #15 ·
With the law changes there are no caps on vehicles sold in 2023 and Ford will not reach the cap in 2022. It is not a rebate in 2022 - it is a tax credit. If you owed more than $7500 in taxes you can use the full credit. This is not influenced by your paycheck withholding - it is based on the total tax owed before applying what was withheld. You may want to double check your accountant.
Sorry I meant Credit, youre right. The hook was binding agreement, its not fully binding until you purchase. I am sure I would have been fine as the cap hadnt been met as of then, it was just another factor.
 

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Sorry I meant Credit, youre right. The hook was binding agreement, its not fully binding until you purchase. I am sure I would have been fine as the cap hadnt been met as of then, it was just another factor.
The binding agreement allowed binding orders before 8/16/22 to qualify for the credit (as long as they are assembled in USA like the Lightning). Any vehicle delivered in 2022 would still qualify for the tax credit (if the manufacturer hadn't hit their phase out limit (which Ford hasn't). IRS guidelines here. I would double check with the accountant but I think you would be ok from what I saw in the post.
 

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I know math so no need to be snarky nor defensive. Cost was a factor yes, but for those who know, the Raptor and level of Lightning I was interested in have the same MSRP, same cost, different type of apple.
Same applies to you, no reason to be defensive when you are posting several serious misconceptions about the federal tax credit for vehicles delivered in 2022. You evidently were misinformed by a professional who earns a living by giving what should be correct guidance. These numbers didn't include any California EV incentives you may be eligible to receive. I'm not sure the math of your "same cost apple" applies in your comparison.
 

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2021 Mustang Mach E First Edition, 2016 Nissan Leaf, 2003 Toyota Tacoma, F-150 Lightning Lariat ER
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I spoke with my accountant and he mentioned that the rebate was likely not going to be something I would be able to take advantage of given my income and may not be around either with Ford almost hitting their cap for EVs. Lastly, he mentioned the charger that came standard with my truck was back-ordered 3+ months meaning I would not be charging at home for some time.
When did you speak with your accountant? If it was after 8/16/22, this person was woefully misinformed. The Inflation Reduction Act, signed 8/16/22, eliminated the sales cap for EVs effective 12/31/2022. As Ford has not yet hit their cap and there was a phase-out period after hitting the cap, Ford cannot lose that part of the credit. There are other issues with income level and truck price that take effect after 1/1/2023.
 

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When did you speak with your accountant? If it was after 8/16/22, this person was woefully misinformed. The Inflation Reduction Act, signed 8/16/22, eliminated the sales cap for EVs effective 12/31/2022. As Ford has not yet hit their cap and there was a phase-out period after hitting the cap, Ford cannot lose that part of the credit. There are other issues with income level and truck price that take effect after 1/1/2023.
Correct, I'm a CPA, but definitely not claiming to be an expert. But, I do believe there are zero income limit restrictions for 2022 on the $7,500 federal tax credit. So, your accountant misinformed you. You would also likely be eligible for some CA incentives as well.

All that said, getting a new Raptor for MSRP isn't a bad deal either even though you won't get a tax credit.
 
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