Michigan Assembly Plant - Two Week Shutdown (May 17 and 24)

[Rlack75]

Hmmm, so much for my week of 6/7 build. If they’re going down, they’ll be behind.

Don’t think for one minute that Ford did not have this planned prior to sending out June’s build emails.

Believe it or not they probably plan things out waaaaaaaayyyyy better than we give them credit for!

Sponsored

 

[SPS4]

 

[Tricky Dick]

Sounds like this compounding news will likely cost me ~$3k+ to buy-out my lease only to trade it in a few months later. I'm literally throwing away money on sales tax.

How about giving your lease back and taking that 3k to buy an old Honda/Toyota beater? You'll get all your money back reselling it 6-12 months from now.

 

[Fordmanbob]

I thought I read where they weren't going to shut down the usual 2 weeks at Michigan assembly plant

 

[Fordmanbob]

There's this

 

[jaruss01]

@mds5917
Is that how it works? Or are you talking about some benefits when I go file taxes? I thought I would have to pay state sales tax on the buy-out. Then when I trade in to Ford, I pay no tax. So 7% applied to buy out price.

 

[parropski]

Don’t think for one minute that Ford did not have this planned prior to sending out June’s build emails.

Believe it or not they probably plan things out waaaaaaaayyyyy better than we give them credit for!

Spread HOPE not chairs!

 

[North7]

Yep...i knew it. Seems like my faith for MAP to be unaffected by shutdowns now needs to go into the file folder that also includes my childhood hope that the easter bunny and santa were real. That folders label is "You have no shot".

My cousins sisters uncle told someone the shift will restart 2 weeks on, 2 weeks off until enough chips are available.





/s

 

[Nickp]

 

[Deleted member 5064]

Toyota would be smart to twist the knife and tease the 6th gen hybrid turbo v6 4Runner. Can’t hurt current model sales if there’s none to sell

 

[mds5917]

@mds5917
Is that how it works? Or are you talking about some benefits when I go file taxes? I thought I would have to pay state sales tax on the buy-out. Then when I trade in to Ford, I pay no tax. So 7% applied to buy out price.

(Edit - Yes - you pay on buy-out, but get credit on trade-in)

Let me give an example to make sure we are on the same page...using round numbers and upping tax to 7% instead of the 6.625 or whatever we pay...)

Lease buy out: $30K, tax will be roughly $2100, so you pay $32100 to "own" that vehicle.

Bronco: $50K, minus the $30K trade-in (or whatever you get) leaves $20K taxable for $1400 in tax. Total purchase price is same, but tax is split across the two transactions.

$50K plus $3500 in tax ($53500) is the same as $32100 plus $21400.

Now, if your trade value is less than your buy-out, you are losing something, but if it is not more than you are willing to pay for the use of that vehicle for that time, no harm no foul. If you sold your vehicle on the open market (not trading it) then you are out the tax amount. That is why you have to consider the pricing of your sale to be the amount plus whatever tax advantage you would get.

 

[Ksjrb03]

I know what the announcement says about chips, but the MAP shutdown has more to do with Ranger sales/2 shifts, and Bronco tops than chips.

 

[Bronco4lyfe85]

Does this mean I can collect interest on my down payment/reservation fee from my dealer since it’ll take YEARS to get my Bronco at this rate?

Of course! You just cancel your order and invest that money or put it in your savings. Voila, interest!

There's this

Things change.

 

[Lilj4425]

Salt & Vinegar.

 

[Mattwings]

So was this taken into account when they did the schedules?

It appears not. Mine was scheduled for the week of the 17th.

Sponsored