Last post on Sep 24, 2012 at 7:42 PM
You are in the Ford Expedition
What is this discussion about?
Ford Expedition, SUV
Mar 28, 2002 (1:43 am)
When you say you can get a 2002 Ford Expedition Eddie Bauer with entertainment system for $29,000 plus TTL, are you speaking of the 4WD or 2WD? I just went to a Ford dealer today to se their specials and can get a EB 4WD loaded (with entertainment system) for $31,975 ($29,975 for 2WD). I just wanted to know if there was room for the dealer to discount even deeper.
Either way this is an incredible deal and would possibly swing me back into a new 2002 Ford Expedition (with extended warranty) over the Toyota Sequoia. Even with the extended warranty I am saving over $7,500 by going with a Ford Expedition over the Toyota Sequoia. Of course the residual of the Toyota at the end of our 6 years of ownership will be worth more than the Ford but doubt that it will make up all the $7,500 difference.
Decision, decisions, decisions...
#695 of 1707 2wd Performance In Snow
Mar 28, 2002 (10:27 am)
I live in San Diego, CA and travel to Mammoth Mountain with our familiy for skiing about 3-4 times each year. We currently have a 1999 Eddie Bauer 4x4 Ford Expedition which has handled great in the snow over the past few years.
I was wondering how the 2wd with limited slip will perform in the snow. I would rather not purchase the 4wd since this is the only time we will use it and weather in San Diego is hardly ever bad.
1) Does anyone have first hand experience with a 2wd Expedition in the snow?
2) How did it handle?
3) Did you put tire chains on?
4) Do you need them for all four wheels?
5) How it they manage?
#696 of 1707 heatmiser1
Mar 28, 2002 (3:41 pm)
Have a 2 wheel drive Expy with limited slip. See my previous posts regarding tire slippage on wet pavement. Although handles fine in heavy rains, I get a lot of tire spin on damp pavement.
Had a little snow and ice this winter in Kansas. You can get around fine with the 2 wheel drive, but have to be careful of sliding and not accelerate to quickly or brake to hard.
I was never worried about getting stuck, but sliding through intersection, missing corners, etc. was a concern if I wasn't paying very close attention to speed and braking.
Hope this helps.
#697 of 1707 HeatMiser1
Mar 28, 2002 (5:41 pm)
It was for a 2WD. I am not going to even consider the Seqouia. It's either a 02 or and 03 Expy
#698 of 1707 Loaded EB for the low $30K's???
Mar 29, 2002 (10:51 pm)
I went to a few local dealers here today, and of course they want full invoice ($39K+) for any Expeditions they have left. Even dealer samples are that much.
Where are you guys finding loaded EB's for so cheap?? Is is possible to fly there and drive one back??
#699 of 1707 Selling prices of Loaded 2002 EB
Mar 30, 2002 (1:13 am)
Renardo, I agree with your comments on pricing of loaded EBs. Some price quotes posted we see are not realistic and there is an old saying in the vehicle purchase business. "A deal is not a deal until you leave the F&I office with FINAL sales contract and keys in your hand. With the 2003 Expy not being available until mid-year, dealers
will only be realistic based on their floor plan inventory.
Mar 30, 2002 (1:16 am)
Brand new 2002 Eddie Bauer 4WD Expedition for $31,975 including:
VCR Entertainment Package
3.74 Limited Slip
There are a few dealers in San Diego selling the Expeditions for this price. Makes you wonder what resale values will be for these...
My friend bought a 2001 XLT for $31,500 about 14 months ago. He wants one of the EB 4WD's selling at this low price and asked the dealer what he could get for a trade-in price on his 2001 XLT. The best the dealer could do was $18K. OUCH!!!!! That's $13,500 (43% depreciation) in one year!!!!! Think twice before jumping on these even at these low price deals...
#701 of 1707 Renardo & Heatmeiser
Mar 30, 2002 (10:09 am)
Not sure where you are located, but Atlanta has a nice airport, and there are at least 10 dealers here who would love to sell you an expedition at $100 over invoice less any incentives. If your dealers are asking MSRP, they're not living in the real world. You shouldn't have to go far to find a dealer that understands the reality of the market.
While I agree that the depreciation has been stiff because of the redesign and the current incentives, I think your friend was lowballed in a big way. The guys that provide values on the Smart Shopper forum, 'Real World Trade In Values' discussion have said that used expeditions are still easy to move and relatively strong. If he really wants to trade, or feel better about the value of his ride, post a note over there requesting a value. Bill or Terry will be glad to tell him what they're selling for at auction and/or what he could expect on a retail sale.
#702 of 1707 renardo & world112: Try Denver
Mar 31, 2002 (8:21 am)
Both Courtesy Ford and Phil Long Ford have been advertising 2001 EBs, loaded, for at least $10K off the MSRP. This has been going on for several months. Of course, you must qualify for the RCL and "new grad" discounts, which total about $1500. So figure a minimum of $8500 off MSRP if you don't qualify for those. This puts loaded EBs in the low $30Ks. Each dealer has at least 50 Expys to choose from.
We bought our 2001 EB for about $7500 off MSRP in Jan of 2001. Deals are MUCH better now.
I recently bought a new 2002 Ranger XLT, loaded with everything but the CD changer for $19.4K, which is about $2000+ BELOW invoice ($21.xK). MSRP was $24.6K, which already included $1650 discounts from Ford.
Dealers here in the Denver area are really hurting. The economy here has not even begun to recover, and every dealer, irrespective of brand, has tons of new vehicles clogging their lots.
Go to your library, or find a news stand that sells the Denver Post. The Friday papers are full of dealer ads. Or, look up Courtesy or Phil Wood on the web (both have sites) and make some phone calls. These deals are NOT advertised on the web.
peachtree: Dealers here don't use ANY of the "guides" (KBB, NADA, etc.) to determine the value of a used vehicle. They call their counterparts at dealerships selling your trade-in and ask: "What is a 199x (insert make) wholesaling for?" The answer is ALWAYS way, way below any of the guides. This REALLY screws the public.
Another local Ford dealer (I won't mention their name) makes 40% of its corporate PROFIT by low-balling trade-ins and then selling those same vehicles at wholesale to other dealers. Again, that's 40% of their PROFIT. Truly amazing!!!
Its a jungle out there.
#703 of 1707 worldii2 -- "Not realistic?"
Mar 31, 2002 (8:26 am)
There are multiple dealers offering 10,000+ off of MSRP with the final price in a 29K to 30.5K range for the options HeatMiser1 mentioned. Why don't put your money where your mouth is and wager a bet with me on these prices. Then we'll know if the prices are realisctic. Tell me what odds you want.