Ford Faces a Profitability Threat It Hasn't Seen Since the 2008 Financial Crisis
View original at nasdaq.comFord Faces a Profitability Threat It Hasn't Seen Since the 2008 Financial Crisis Key Points Ford Credit is one of the automaker's most profitable units…
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Off-lease EV volume will peak in 2028 with nearly 800,000 EVs flooding the market
60% confidenceIndustry experts are expecting the resale value of off-lease EVs will check in around $10,000 less than automaker finance entities projected, and could range anywhere from $5,000 to $20,000 less
60% confidenceFord Credit typically generates only about 5% of revenue any given year but provides 15% to 20%, sometimes more, of the company's profits
60% confidenceRoughly 228,000 Tesla EVs were leased last year, nearly 102,000 EV leases for General Motors, and a little over 52,000 EV leases for Ford
60% confidenceUsing the $10,000 figure, that would be an industrywide loss of about $8 billion for expected models coming off lease in 2028
60% confidenceEVs expected to make up 15% of off-lease used vehicles by the end of 2026, compared to only 7.7% during the first quarter
60% confidenceStock Advisor's total average return is 914% compared to 184% for the S&P 500
60% confidenceFord Motor Company was not among the 10 best stocks for investors to buy now
60% confidence