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True Cost to Own (TCO) - Hidden Costs of Car Ownership

159 messages,  Last post on Dec 31, 2009 at 12:08 AM

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#91 of 159 Why are by scape2 Jun 17, 2002 (8:20 pm)
the TMV price and the TCO resale prices so different? shouldn't they be the same? I have a 2001 vehicle that shows Trade in of 19,398, Private party of 20,759 and a dealer retail of 23,448. Why in your TCO does the resale/depreciation show different? by thousands of dollars????
#92 of 159 scape2 by laumann Jun 20, 2002 (3:46 pm)
With similar equipment & mileage & in clean condition, one-year-old essentially same vehicles should have similar Used TMV and one-year TCO private party prices. Please advise the make/model/style of your 2001MY vehicle, and we will research the prices and post our findings.
#93 of 159 I own a by scape2 Jun 20, 2002 (9:55 pm)
2001 Ford Escape XLT v6 AWD in black. I have stepbars, leather, privacy glass, 6CD Mach stero, console, roof rack, wheels. When looking under the projected resale under TCO it does not match the TMV Edmunds posts for this vehicle. Another thing Edmunds has posted incorrectly is the ground clearance for the Escape is 7.8" and they list the 235 tire. This is incorrect. Ground clearance is 8.5" with the 235 16" rim/tire and 7.8" with the 225.15" tire.
#94 of 159 scape2 by laumann Jun 26, 2002 (10:18 am)
We entered your options into the Used TMV Appraiser with 15,000 miles and clean condition, and the amount is $18,793 in the Chicago area vs. a one-year resale value of $17,318 in the TCO tool. The $1475 difference is primarily due to the price of your multiple options being more than the typically installed equipment identified in the TCO tool for this vehicle.   Regarding the Escape's ground clearance and rim/tire size, although different ground clearances might be expected with different tires, all of our Ford sources show only a 7.8" ground clearance for all Escapes whether equipped with 225.15 or 235.16 tires. These sources include Ford’s dealer guide, media site and Escape brochures. If information is received from Ford indicating a different ground clearance, we will modify the data on our site.
#95 of 159 Read the article... by Sylvia STAFF May 06, 2005 (7:30 am)
True Cost to Own (TCO) Special Report: Revealing the Hidden Costs of Car Ownership Replies to this message: explorerx4 (Jun 14, 2005 3:56 pm)
#96 of 159 Re: Read the article... [Sylvia] by explorerx4 Jun 14, 2005 (3:56 pm)
Replying to: Sylvia (May 06, 2005 7:30 am) kind of ironic that the last post before yours was also about an escape. i chose an '04 escape xlt, ct zip code. why is maintenance in year 1 over $1000?
#97 of 159 Carfax is useless by marie5 Jul 06, 2005 (7:18 pm)
I put in the VIN for my old Volvo, which has been totalled twice just since I've had it, and was obviously in a flood before I bought it (used). Carfax came up with their "Good News" - no wrecks or anything else reported. Replies to this message: steine13 (Jul 09, 2005 7:05 am)
#98 of 159 Re: Carfax is useless [marie5] by steine13 Jul 09, 2005 (7:05 am)
Replying to: marie5 (Jul 06, 2005 7:18 pm) Carfax is not "useless", but as your example points out, it is not entirely accurate.   I use it as a filter. If the cf isn't clean, forget it; if it is, I check the car out carefully.   -Mathias
#99 of 159 Used car TCO by funtai Oct 24, 2005 (3:30 pm)
If you drive a lot, is it worth it to buy a 3-4 year old used car? I've been looking to buy a used car but Edmund's TCO calculation is making me reconsider.   For instance, look at the TCO of the 02 Civic Si vs. the 05 Civic Si. In my zip code, the TCO are 28,187 to 31,107, but TCO assumes some average mileage per year - say 15k mi. Since maintenance costs are more closely coupled to mileage than deprecation, if I drive, say, 50k mi a year, the TCO would probably come out to be somewhat similar, and I'd be getting a new car. If the TCO for older cars was available, I'd compare vs. 5-10 year old cars, but none of the really old cars I've looked at have TCO information.   The only advantage I can see is that the car would take a smaller loss in the case of an accident. Am I missing something? If this is correct, what’s the advantage of buying a 3-4 year old car? Replies to this message: zodiac2004 (Oct 25, 2005 10:09 am)
#100 of 159 Re: Used car TCO [funtai] by zodiac2004 Oct 25, 2005 (10:09 am)
Replying to: funtai (Oct 24, 2005 3:30 pm) How much do you really drive a year. 50K ???   If so, forget Edmunds TCO, your best bet is a VW TDI. It's the best car for the dollar for high-speed high-mileage driving available in NA. Any extra repair you have to put into it as compared to a Civic is easily offset by fuel-cost savings. A TDI will average better than 50mpg on the highway, and has 10K mile oil change intervals. You could probably go 3 months between oil changes as opposed to a month or so with a Civic.

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