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Ford Expedition Prices Paid and Buying Experience
355 messages, Last post on Aug 11, 2008 at 9:41 AM
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Does any one give me advice here. I'm planning to buy a 2006 4 x 4 XLT Expedition($39,700). How much will I expect for all the Rebates/Dealer cash back/Incentives? I live here in Cranston,Rhode Island. I have a trade-in with a negative equity and planning to roll it? What will be the best offer that I can give to the dealer?
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Replying to: shasta2 (Dec 07, 2005 7:12 pm) Big decision to go for a new 2005 Expedition right now--need to get a great deal and know the 2005 will be driven a lot to get long term value. Extreme soft market for 2003-2006 used Expeditons makes it very difficult to trade back in at retail on 2005 and 2006 models. Even with rebates, you could find yourself $10,000 to $12,000 or more "upside down" after 100 miles. Lots of 2005 and 2006 new Expedition inventory all around--some new 2005 up to 18 months and getting to be very non-current. Tried out the above new 2006 that had been on the lot for over 6 months already. Noticed the battery was stone dead and there was only 3 tryout miles on the odometer. (Hey Mr Ford, get some weight out instead of making the suv models heavier each time, e.g., the 2006 Explorer, 2003 and up Expedition) But, if you know you are going to drive a lot, have good income, maybe have a growing family, a drop dead deal on a new 2005 is worth looking at. Despite high vehicle weight and size, most new Expeditions get somewhat decent mileage and have the potential to last to very high miles when properly driven and maintained. And, the 2wd high setting on late model Expedition 4wd is a huge advantage for Expedition versus a Explorer 4wd without 2wd high setting. For example my 2004 Expedition 4wd NBX gets better hwy mileage than my wife's 2003 V-8 Explorer 4wd (no 2wd high setting to choose), 3.73 towing ratio. Finally, one local dealer mentioned that "Ford is getting back into leases" or something along that line. Ford had problems with market values of Expedition/Explorer coming off lease a few years ago and had to pull back the attractive offers. Dealers then could buy same or nearly identical vehicle at the sales for a few thousand dollars less than FMC payoff. Apparently from the above comment, a lease on the new 2006 Explorer is much more attractive than a similar lease last year. ..hope this helps.. |
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Coming close to trying buy an Expy but the dealers are driving me crazy. The paradox is that the MSRP of the 2005 on the EB is almost exactly $1,000 higher than the 2006 so that automatically washes out the 5k versus 4k rebate on the 05 vs 06. Then Ford is offering a 1000 discount on the 06 with the DVD and power 3rd row (what we want). That leaves the 05 further in the hole not counting the near 15k depreciation of driving it off the lot. The Ford dealers I have spoken with on this have their head in the sand or they are finding some suckers to take the 05's off the lot. They won't offer much less than some other's are for the 06's. I would have pulled the trigger for a great deal on the 05 because it is nearly the same vehicle and I drive my cars for 5-6 years minimum. Not to mention the bold face lie told to me by my small town dealer about the Ford Simple Plan and rebates that just ended. Just price the dang car for what it's worth. Ford and GM are circling the drain and the dealers aren't helping them. Anyone notice how dead this expy forum has become?
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Replying to: newdoc2002 (Jan 10, 2006 9:32 pm) But, I will add that the $1,000 "discount" on the 06 DVD is not really a discount at all because the discount is not reflected in the vehicle's invoice. The standard mark-up or cost factor for Expedition for many years has been from 88.5% to 88.7%, but some of the above discounted units have cost factors of 89.5 to 90.5%. Thus no real discount. Also have noticed that some of the true price cuts for 06 Expedition are only on units built way early, say May and June of 2005. Later inventory have price cuts from 05 in their MSRPs, but not the invoice prices. Similar to the above. One Ford dealer commented that Ford got its money when they ordered the Expeditions months ago--was hoping to dealer transfer all his stock. Surprisingly, only one dealer has been aggressive in trying to move his new 2005 Expedition. Called me three or four times at work and home. The others like you said have their heads in the sand or dreamland and don't want to admit to what high gas prices have done to market conditions. So there sits non-current new Expedition inventory looking a bit older every month, maybe the finance guy can find a proud owner, that sort of thing. I usually go the 5 year route to avoid the excessive depreciation that is typical for 2003 and up Expedition. But, wanting the new 5.4L 3V engine. ...still like the Expedition XLT for my hard working, general utility use versus say some of the more plush full sized suv models...but my advice to Ford continues to be to get the excessive weight out of Expedition to salvage what otherwise would have been an excellent full-sized suv...forget the Toby Keith ads about massive frames...give us weight reduction so we can comfortably stay in full-sized suv (or F-150).. |
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Replying to: dominoetx (Sep 20, 2005 9:26 am)
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Replying to: lemonlady1 (Jan 19, 2006 11:50 am) |
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HI, I was offered this 06 expedition limited with these options, PEWTER CLEARCOAT METALLIC MED FLINT GREY LTH BK SEATS .5.4L-3V SOHC V8 ENGINE .4-SPEED AUTOMATIC O/D TRANS .P265/70R-17 OWL ALL-TERRAIN JOB #2 ORDER REVERSE SENSING SYSTEM 255 POWER MOONROOF 860 ADVANCE TRAC WITH RSC 595 HEAVY DUTY TRAILER TOW 350 NAVIGATION RADIO 1,995 SAFETY CANOPY W/ROLLOVER SNSG 595 CLOTH SUNVISOR W/HOMELINK 120 POWER QUARTER FLIP WINDOWS 125 3RD ROW POWERFOLD SEAT 495 REAR SEAT ENTERTAINMENT DVD 1,500 POWER AND ENTR DISCOUNT PKG' list is 50,350, and is being offered for 39,995 plus tax and tags or for 43,995 with 0% financing. thanks for reading and any info is appreciated.. |
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HI, was also offered 06 king ranch model with these options CHR,LTHR .5.4L-3V SOHC V8 ENGINE .4-SPEED AUTOMATIC O/D TRANS .P265/70R-17 OWL ALL-TERRAIN REVERSE SENSING SYSTEM 255 SEC ROW CAPT CHAIR 795 SKID PLATE PACKAGE 100 POWER MOONROOF 860 ADVANCE TRAC WITH RSC 595 HEAVY DUTY TRAILER TOW 350 NAVIGATION RADIO 1,995 LUGGAGE RACK W/BLK CROSSBARS 40 SAFETY CANOPY W/ROLLOVER SNSG 595 CLOTH SUNVISOR W/HOMELINK 120 POWER QUARTER FLIP WINDOWS 125 REAR SEAT ENTERTAINMENT DVD List is 53,390 and they are offering it for 44,830 with 0% financing. thanks for reading and any info.. |
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