2021 Ford Transit Connect Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
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When transportation of customers or a large family can't be handled by a full-size SUV or minivan, another option is required. In this case, a transit van. These vehicles can seat anywhere between 12 and 15 occupants, depending on the size of the wheelbase.
The 2020 Ford Transit Connect is such a vehicle. Regardless of who is coming and going, it has the leg and head room available to make all occupants feel comfortable in any length of journey. Furthermore, if storage space is required, the Transit can be purchased in a cargo style.
What’s New for 2020?
The second-generation Ford Transit, introduced in 2014, doesn't have many changes for the new model year. For convenience, automatic headlights are standard. For safety, a rear-view camera, emergency braking, and forward collision warning are part of included equipment on all trims.
Styles and Trims
The Ford Transit comes in two styles. One is for cargo while the other is for passengers. The two trims for both are the XL and the XLT. Base MRPs range from $24,000 for the Cargo XL to $29,000 for the Passenger XLT.
The 2020 Ford Transit Connect is meant for commuting passengers to and from locations. Thus, it needs to have a pleasant design. It’s the reason the Transit has an exterior design that makes it look like a minivan more than a commercial vehicle.
For instance, a double grille on the front end that emphasizes the vehicle's LED headlights and optional fog lights. Another alternate package element are heated side mirrors to quickly melt snow and ice.
The 2020 Ford Transit Connect has styling and technology that make the driver and occupants feel they're in a sedan instead of a utility vehicle. Features that are considered standard in personal cars, like cup holders, overhead lighting, and all-weather floor mats are welcome additions for a heavily used vehicle. The same can be said for push-button start and cruise control.
Technology and connectivity options, while not as numerous as other Ford vehicles, are still plentiful. In particular, all trims of the Transit Connect come with a built-in 4G LTE wireless hotspot. Also standard are multiple 12-volt hook-ups to charge phones and other equipment. Optional items are wireless charging, Ford's SYNC 3 touchscreen, and voice-activated navigation with SiriusXM.
There are three powertrain options for the 2020 Ford Transit Connect. The standard is the 2.0L GDI engine. This is the company's version of fuel injection where gasoline feeds directly into each cylinder's combustion chamber for maximum performance. Consumers can also select a flex-fuel version of this engine model.
For fleet vehicles, the Transit Connect provides the option of a 2.5L four-cylinder iVCT powertrain. Created by Ford, it has Variable Cam Timing that increases engine performance through heightened fuel efficiency and decreased emissions.
The GDI engines are connected to a six-speed automatic transmission. the iVCT has an option to utilize a six-speed SelectShift that electronically controls gear changes. The result is smoother acceleration without clunks or slippage.
Quality and Comfort
One wouldn't expect a leather or chrome-satin-wrapped steering wheel for a utility vehicle. Yet, the 2020 Ford Transit Connect has it in both cargo and passenger styles. In fact, it has a few standards and options which are normally found in sedans.
For instance, dual-zone climate control in the front and rear rows. The driver and passenger have a full-width overhead storage shelf to keep important items. Other items, like cup holders and additional personal storage, also come as regular equipment.
As mentioned, the 2020 Ford Transit Connect now comes standard with safety aids like a rear-view camera and forward collision warning. In addition, side-curtain airbags are built with SafetyCanopy sensors to detect the weight of an individual. Thus, the pressure used to release them is adjusted.
Two other items, curve and vector torque control, keep all wheels on the road during turns and sudden shifts. It does this by evenly distributing braking and other pressures to all four wheels.
For a utility vehicle, the 2020 Ford Transit Connect has a decent set of fuel economy numbers. In the city, it can get up to 24 mpg. On the highway, mileage estimates reach close to 30 mpg.
Consumers can't go wrong with the 2020 Ford Transit Connect. For a low base MSRP they get more interior and safety features than other utility vans. Furthermore, there's an ability to choose from either a cargo or style version. Thus, if a driver likes the feel of the Transit, they don't need to select another model if they want it for storage.
How to Calculate The Dealer Cost of a Ford Transit Connect
Formula for Calculating Dealer Cost:
- Example: Base Ford Transit Connect invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Ford Transit Connect MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.