Ford Motor Company recently unveiled three options for Ford dealers to make as it pertains to electric vehicles (EVs):
- No action is required from the dealer but beginning January 1, 2024, they will not be allowed to sell EVs.
- A minimum $500,000 investment that provides limited benefits to the dealer and allows them to sell up to 25 EVs per year.
- A minimum $1,200,000 investment that allows for the unlimited sale of EVs.
The question is whether an investment is warranted, and if so, which option makes sense for your dealership given the potential lack of return?
This is a time-sensitive decision, dealers have until October 31, 2022, to choose which option works for them.
Join Tom Reck of Withum and Mike Semanie of Killgore, Pearlman, Semanie & Squires as they discuss Ford’s EV options, costs and other considerations to make before investing.
