Maverick Resale Value and the Hybrid Recall?

[pa-outdoorsman]

So, with the big hybrid recall/stop delivery order, hybrid Mavericks are essentially unavailable as new units for at least the next six months.

So, given that, what does this mean for Maverick values on the secondary market. Obviously, hybrids have been selling for considerably more than sticker, both on Ford lots and at used dealers. But now, used hybrids will be the ONLY Maverick hybrids that can be had, right? Will the recall scare away prospective customers, or will this situation only cause even more demand for the even more limited number of hybrids to be had?

And, on the Ecoboost side, will this cause even higher markups on Ford dealer lots as refused EB orders will be the ONLY Mavericks they have to sell? And on used side, will Carvana, Vroom, etc., start paying even more money for used Ecoboosts because hybrids are basically at zero supply?

I have no idea, but as someone who has watched the Maverick market closely for the past two years, this latest development is fascinating to say the least. Really curious on the impact this will have on Maverick demand and pricing for the remainder of 2023.

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[JBryant]

Where did it state that NO hybrids would be built? Vehicles have recalls all the time, but it does not mean they quit building them because there is a recal.

 

[pa-outdoorsman]

Where did it state that NO hybrids would be built? Vehicles have recalls all the time, but it does not mean they quit building them because there is a recal.

Yes, this is true. But there will certainly be many fewer available than the already low number currently anticipated.

 

[Ponchsox]

If demand remains the same and supply is even less, prices should do time to rise. Most prospective buyers won’t even know about the recall unless it’s all over the news as being a major problem. Right now, it seems isolated to certain VIN numbers.

 

[skadizzle]

While it will reduce the hybrid supply, I don't know if it will have that much of an impact. Most of the hybrids during that period have already been delivered. At most there may be a month supply that are on hold as they are still in route. Any hybrids afterwards will be deliverd. For example, mine was scheduled 5/19 and built 5/21 and en route. It will be at the dealership toward the later part of June. So that leaves may a month's supply that will potentially have to sit waiting for repairs

 

[Mavman321]

Won’t have much effect in my opinion. Most under recall are delivered, maybe a few weeks worth in transit that will be held up at dealers. Hybrid is still sold out and will undoubtedly sell out again on July 17th

 

[GreenLady]

I just checked my VIN and it shows it is in production so hopefully it gets finished next week

 

[FordHybrid]

I personally haven't gotten any notices from Ford on any recall on my 2022 10 06 delivered Maverick Hybrid. So the recall should be looked into for specific dates on production time of the recalled vehicles.

 

[F1PRB22GA]

No Hybrid orders being taken by Ford when the order banks open for 2024, until they can figure this out ?

 

[BradnChristine]

I personally haven't gotten any notices from Ford on any recall on my 2022 10 06 delivered Maverick Hybrid. So the recall should be looked into for specific dates on production time of the recalled vehicles.

It is very unclear to me just what percentage of Hybrid MAVERICKS are included in the 125,000 vehicle recall of the three different models.

I'm hoping for a bit more information to be flushed out soon so I can really know if my 1/12/23 build is going to continue to avert the recall...or if Ford just hasn't gotten around to listing my VIN number.
I'm not planning on stopping driving mine, and I have yet to see a single fire reported here on a Hybrid...or a blown up ICE. All very puzzling to me, as is the 2.5% RISE in Ford stock today.

 

[DLR]

I just checked my VIN and it shows it is in production so hopefully it gets finished next week

N

While it will reduce the hybrid supply, I don't know if it will have that much of an impact. Most of the hybrids during that period have already been delivered. At most there may be a month supply that are on hold as they are still in route. Any hybrids afterwards will be deliverd. For example, mine was scheduled 5/19 and built 5/21 and en route. It will be at the dealership toward the later part of June. So that leaves may a month's supply that will potentially have to sit waiting for repairs

My hybrid was built 5/17 finished on 5/18 the last day listed on the recall. My dealership checked the Ford website and my truck is still scheduled for delivery on 6/12, no red stop light on the report. The Dealer thinks that this trucks that might be sitting in delivery somewhere might have been built earlier in May and part of the recall. Ford might be doing a CYA. I think ford knows what vin numbers are truly part of the recall. Any thoughts?

 

[Anne in NC]

So, with the big hybrid recall/stop delivery order, hybrid Mavericks are essentially unavailable as new units for at least the next six months.

So, given that, what does this mean for Maverick values on the secondary market. Obviously, hybrids have been selling for considerably more than sticker, both on Ford lots and at used dealers. But now, used hybrids will be the ONLY Maverick hybrids that can be had, right? Will the recall scare away prospective customers, or will this situation only cause even more demand for the even more limited number of hybrids to be had?

And, on the Ecoboost side, will this cause even higher markups on Ford dealer lots as refused EB orders will be the ONLY Mavericks they have to sell? And on used side, will Carvana, Vroom, etc., start paying even more money for used Ecoboosts because hybrids are basically at zero supply?

I have no idea, but as someone who has watched the Maverick market closely for the past two years, this latest development is fascinating to say the least. Really curious on the impact this will have on Maverick demand and pricing for the remainder of 2023.

My hybrid is scheduled for week of 7-12-2023, and tracking has it in production .

 

[Montana]

I sold a '22 Escape Hybrid 2 months before my letter came. I had no faith in the Hybrid and I won't revisit that thought until something like the Maverick comes in AWD with 4K tow and even then I'm thinking it will be many years and hopefully a final year model on a 2nd gen version. Reason is, I'm happy with the Ecoboost. This was a calculated decision; not just me placing an order when the hype of a new model showed up. I'm still getting 28 MPG even after adding 245/65R17's and I chose the heaviest ones with the least amount of revolutions per mile - the KO2's. While I enjoyed the Hybrid at the pump, I had less faith in that system than I do pretty much ANY regular setup that can get an average of 30mpg (stock) without even trying. I don't have to worry about my battery drain in the cold or the engine trying to maintain operating temp, or the heat killing the range either. It get's up to operating temp, stays there, and runs. Winter blend fuel is another discussion and can be said the same for the Hybrids.

People seem to think that Ecoboost owners on this forum assume they have the most reliable setup of all time. Not true. We know it's faults and shortcomings and it's still less than the Hybrid. That's all. It's not a personal thing, it's not a vendetta against Hybrid tech... it's not being a "Luddite". It's simply reliability for this model. Some of ya'll just make things personal and some of us grow tired of the mentality and the way you conduct yourself like it's a Facebook comment section. Consider me unfriendly, I couldn't care less. But I've had more friendly discussions than unfriendly ones here; it just so happens every unfriendly one so far has been with a Hybrid owner taking things way to personal. Why am I saying this? Because it's about to get real when you run the numbers and look at it for the risk it is, not just some random failure.

If you go back to when the Hybrids first came out, there are threads making fun of EB owners for their recalls... my my my how the tables have turned. The only EB to catch fire so far has been due to user error in overfilling the oil and then adding more upon seeing it leaking. S.M.H... And they were dumb enough to admit it publicly hoping anyone would blame FORD for it. Instant backfire.

Hopefully no Hybrids catch fire, but it doesn't change the gravity of the recall itself. This isn't just a transmission grenading itself, or a CV failure, this is FORD admitting the engine will likely fail and worse case scenario - set fire to your vehicle. If this was a house, would you still want to sleep in it knowing having the air/heat on could blow up at any moment? We know there are so many drivers on the road that are so negligent. They drive with bad tires, no lights, unsafe equipment all around and now they are in a vehicle that can catch fire while driving. That is not only a risk to themselves, but other drivers as well.

But if you look beyond the Mavericks, the Escape Hybrids with the same setup get the same recall thus doubling the amount of vehicles having the same issues. Is that the case for the Ecoboosts? Nope. I think the more important information would be how many of these Hybrids were produced vs. how many are at risk. The only thing I've seen asked so far is - how many are actually effected. Well, we will never know an exact number, but to gauge it, having those production numbers vs. the estimated number of effected vehicles would help.

The Math:
I believe the number being reported is for both Mavericks and Escapes currently, and it's something like 125,000? FORD only produced 137,00 TOTAL Escapes last year, and 74,000 Mavericks. That includes ALL models. Now account for half the year in 2023 with the same yearly estimate (so 68k and 37k so far) and you get roughly 316,000 vehicles on all models produced. 125,000 is what percentage of that? Roughly 40%. That is a HUGE number and that is across ALL models including the non hybrids - which means that number is even bigger when you factor in the production numbers for Hybrids alone. Does it make a little more sense now? Feel free to check my math. If anyone has the production numbers for Hybrids alone, I'd be glad to run those numbers to, but I don't think you'll like the answer.

Getting back to the market - it really won't change anything. Downside of where we are as a society, or even as a world if you want to look at it that way. Supply and demand. Good for sellers, bad for buyers. Also factor in the amount of clueless consumers in any market and that's why snake oil sells so well.

I hope this provides some clarity on my stance so far on this forum, but you can check the math and it's pretty hard to argue once you see it that way. I'd love to be optimistic about it, but with numbers that high and my personal experience with a vehicle on that list, it's not exactly the smartest move. Consider me privileged to look at it from the outside in an Ecoboost now, just don't take it personal. It's an objective train of thought backed by the math.

You are investing in vehicles that have a very great risk and a high chance of failure. I apologize if that offends you in any way, but since I was one of them not long ago, it shouldn't. I made that mistake with the F150 3V's and you can ask anyone with knowledge about FORDs how bad those were and why they are still regarded as on if the biggest failures. FordTechMakULoco will likely be covering the 2.5L issues soon enough... And those Triton setups are what made that channel. Again, hopefully it changes.

I love the Maverick and I have plenty of positive things to say about Hybrids, but reliability across these models isn't one of them.

 

[Red Ryder]

As a hybrid owner, and one that has experienced 16 months and ~28,000 miles of ownership, I've had similar experiences as Montana did with his Escape. I was one of those that bought the line of "Ford having built and refined hybrids for twenty years", and all the other jazz convincing me that the hybrid was the safer choice over the little pressure-cooker turbos.
This is the first vehicle I've owned (and I've had a few) that has been this problematic during the first five years of ownership, not to mention the first 16 months.
I stand by my earlier comments that the EcoBoost would have been the better choice for me, based on the issues I've experienced with my vehicle. Relying on an APU to start, in my case, the Noco GB40, gets old, especially when multiple Ford dealership service departments couldn't resolve the issue.

 

[Anne in NC]

Where did it state that NO hybrids would be built? Vehicles have recalls all the time, but it does not mean they quit building them because there is a recal.

Anne in NC: I think the battery supply is limited now, so Hybrids are limited. My Hybrid is scheduled the July 12th week and is showing in line for production. Hopefully, that may mean my name is on a battery for my hybrid...so hopefully it gets built in next 2 weeks or less...

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