Ford to Pay $2500 If 2023 Bronco Customers Switch to another Model (2024)

The SUV is still in high demand and short supply, but Ford is apparently determined not to lose those customers.

By Sebastian Blanco
Ford to Pay $2500 If 2023 Bronco Customers Switch to another Model (1)
  • Ford still can't build enough Broncos, and the issues aren't about to go away if our reading of the tea leaves in a new "2023-Model Bronco Cancel Order & Purchase Replacement Offer" are correct.
  • The letter, which Ford recently sent to dealers, says that customers can get a $2500 discount if they order a different Ford model before early April.
  • Another option is to switch to a lower-trim or lower-content Bronco by removing "constrained commodities."

Ford has a problem, and it thinks $2500 might make it go away. The problem—admittedly, a good one to have—is that demand for the Ford Bronco has remained strong since the Jeep-esque off-roader debuted in 2021. But, supply-chain and production challenges have meant that Ford has had to repeatedly delay Bronco orders. Now, Ford is going to force, in Ford's words, a "small number of existing Bronco reservation and order holders" who ordered but have not yet received their 2023 Bronco to choose among four options, none of which will result in these customers getting the vehicle they ordered.

First reported by Cars Direct, Ford has sent an incentive bulletin to dealers that offers anyone who's ordered a 2023 Bronco a $2500 discount if they switch to another Ford model. The 2023-Model Bronco Cancel Order & Purchase Replacement Offer says Ford is prepared to give "an additional incentive to cancel their current 23MY Bronco Order and retail order an eligible 23MY Ford vehicle," according to Cars Direct. Customers can get the discount if they make the switch to one of seven other Ford models before April 3. The qualifying list of non-Bronco vehicles includes the Escape, the Bronco Sport, the Edge, the Explorer, the Expedition, the Ranger, and the F-150.

The Mustang Mach-E, the F-150 Tremor, and the Raptor apparently do not qualify.

Ford told Car and Driver that the causes of the problems are, unsurprisingly, ongoing supply-chain challenges. The missing parts mean that certain "constrained features," like the Sasquatch and Lux packages and the Molded in Color Hard Top, are not going to be available for 2023 model Bronco customers who ordered them and have not yet received their vehicle.

"Customers who remove constrained features are expected to receive a 2023 model year Bronco along with a $2500 rebate toward purchase or lease in addition to existing MSRP price protection they may have," Ford spokesperson Mike Levine told C/D.

Customers who don't want to modify their reservation will have to accept one of four options. As mentioned, there's the $2500 rebate. Customers can also just cancel their reservation and get their original $100 deposit back. Third, they can try to find a "suitable Bronco" at a dealer that happens to have one. Finally, they can just cancel their order and place a new one for a 2024 Bronco.

"If we are not able to schedule a reservation or order for production, it will be canceled for the 2023 model year and their $100 reservation deposit will be refunded automatically," Levine said.

One problem with all of this is that no one can order a new Bronco at the moment. While the configurator remains active, Ford's consumer site also says, "Due to high demand, the current model year [2023 Bronco] is no longer available for retail order. Limited inventory may be available at selected dealers." There's also no way to order a 2024 Bronco through the site just yet. Ford's site also says, "[Bronco] supplies are limited and there are no guarantees." You don't say.

Ford to Pay $2500 If 2023 Bronco Customers Switch to another Model (2)

Sebastian Blanco has been writing about electric vehicles, hybrids, and hydrogen cars since 2006. His articles and car reviews have appeared in the New York Times, Automotive News, Reuters, SAE, Autoblog, InsideEVs, Trucks.com, Car Talk, and other outlets. His first green-car media event was the launch of the Tesla Roadster, and since then he has been tracking the shift away from gasoline-powered vehicles and discovering the new technology's importance not just for the auto industry, but for the world as a whole. Throw in the recent shift to autonomous vehicles, and there are more interesting changes happening now than most people can wrap their heads around. You can find him on Twitter or, on good days, behind the wheel of a new EV.

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Ford to Pay $2500 If 2023 Bronco Customers Switch to another Model (3)

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Ford to Pay $2500 If 2023 Bronco Customers Switch to another Model (2024)

FAQs

Did Ford cut the price of the Bronco Sport by up to $1980 for 2024 model year? ›

Ford slashed prices on the Outer Banks variant by $1,980, giving it a $33,935 MSRP. There weren't many updates to the Bronco Sport for the 2024 model year. The Free Wheeling trim debuted, while the Outer Banks and Badlands trims picked up a new leather-wrapped steering wheel.

Did Ford slashed the price of the 2024 Bronco Sport by up to $2000? ›

Ford has cut Bronco Sport prices by almost $2,000 on some trims. According to a bulletin sent to dealers, the 2024 Ford Bronco Sport price cuts bring the SUV's base price below $30,000.

Why is it so hard to get a new Bronco? ›

The Ford Bronco has been plagued by quality-control issues such as issues with the paint, the hardtop roof, alleged terminal engine issues, and a few others. All of these have put significant strain on the production of the Bronco and have even prompted a dozen recalls up until now.

Will the new Bronco hold its value? ›

Now, the Ford Bronco has repeated that feat for 2024, too. The 2023 Ford Bronco finished fourth among all new vehicles with an estimated five-year resale value of 65.4 percent, but this year, it fared even better, ranking first with a score of 66.7 percent.

Will there be a 2024 Bronco? ›

Available Late Summer 2024.

Why did Ford stop selling the Bronco? ›

The last Bronco rolled off the assembly line on June 12, 1996 at the Michigan Truck Plant. The taste of the American consumers was changing, and the stalwart two-door sport utility vehicle was being replaced in the Ford lineup by the four-door Expedition.

Why is Ford recalling the Bronco? ›

Federal regulators are questioning the method that Michigan automaker Ford took to repair thousands of SUVs it recalled early last month. In April, Ford recalled nearly 43,000 Bronco Sports and Escapes SUVs because gasoline can leak from the fuel injectors onto hot engine surfaces, increasing the risk of fires.

What is the residual value of the 2024 Ford Bronco? ›

New 2024 Ford Bronco Outer Banks

Lease selling price of $49,835. Estimated Net Cap Cost of $44,852 based on MSRP of $49,835 and $4,983 cash down at signing. $5,571 due at signing includes money down and first month's payment. Residual value of $31,894 based on 36-month term and 10,500 miles per year.

Did the Ford Bronco sell well? ›

Ford saw several double-digit jumps, from the Maverick to the electric Mustang Mach-E and even the aging Edge. But the Bronco off-roader had a dismal opening three months—sales were down 26 percent, with Ford moving 24,066 Broncos. Meanwhile, Jeep shifted 38,308 Wranglers, up 1 percent over the first quarter of 2023.

How do you avoid Bronco markup? ›

If you're willing to wait to avoid paying a premium over the MSRP, the easiest solution will be to place an order with a dealer that agrees not to add a markup to your vehicle. Signing a Buyer's Order with the dealer locks in the price, but it may also obligate you to purchase that vehicle once it arrives.

What is the most desirable year of Bronco? ›

Out of all the years of the first-generation Bronco, 1977 is widely considered to be the best year although anything from 74 is not only sought after, but more widely available.

How much do I need to make to afford a Ford Bronco? ›

The second rule we need to follow. is that the total purchase price. shouldn't be more than 35% of your total income. So our monthly payment is about $900 per, meaning we'd have to make about 9000 dollars per month, or $108,000 per year.

How many miles will a Bronco last? ›

The specific lifespan is a mystery as there are many factors that are bound to influence how long will a Bronco last. With proper maintenance and care, the new Bronco should last anywhere from 150,000 to 200,000 miles or more.

How long is the wait for a new Ford Bronco? ›

The wait for a Bronco might be as long as 6 months but could be just as short as a couple, put in your order to get it sooner. Choosing between the various trims can be difficult, but you can't go wrong with the Bronco, come and test drive one of our models to see what works for you.

Is the Ford Bronco going to be reliable? ›

We expect the 2024 Bronco will be less reliable than the average new car. This prediction is based on data from the 2022 and 2023 models, plus the Ford brand scores.

How much is the invoice price for the 2024 Bronco sport? ›

2024 Ford Bronco Sport base price starts at $29,795 to $38,390. Invoice price goes from $29,050 to $37,047.

How much is insurance on a 2024 Bronco Sport? ›

2024 Bronco Sport SUV Free Wheeling 4dr SUV AWD (1.5L 3cyl Turbo 8A)
Year 1Year 4
Insurance$1,310$1,452
Maintenance$229$1,994
Repairs$0$383
Taxes & Fees$3,378$219
4 more rows

Are Ford Bronco Sports selling over MSRP? ›

According to TrueCar data, the average MSRP of a two-door 2024 Ford Bronco Big Bend, specifically, is $39,130, but the average spend over that baseline is $4,097 – giving it an actual average sales price of $43,227.

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