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Ford Taurus X Prices Paid and Buying Experiences

765 messages,  Last post on Nov 27, 2009 at 10:28 AM

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What is this discussion about? Ford Freestyle, Ford Taurus X, Wagon, SUV


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#611 of 765
More Wholesale Price Declines by seloo
Nov 04, 2008 (6:21 pm)
Reply

Replying to: seloo (Nov 04, 2008 3:37 am)

Average Condition EB: $14.9 to $16K depending on mileage
 
Average Condition Limited: $13.9 to $15.5K
 
Prices are falling a like a rock!
#612 of 765
Re: More Wholesale Price Declines [seloo] by forddad90
Nov 05, 2008 (1:20 pm)
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Replying to: seloo (Nov 04, 2008 6:21 pm)

How long before we start seeing prices fall on dealer lots? I've been looking for one for the past month....I'm hoping that it'll happen soon.
#613 of 765
Re: More Wholesale Price Declines [forddad90] by seloo
Nov 05, 2008 (4:03 pm)
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Replying to: forddad90 (Nov 05, 2008 1:20 pm)

Hang on, rumor has it that customer incentives for new 08s will increase dramatically on or about 18 Nov.
 
As for the retail price for used cars, prices on the net are falling every week. You must understand that some of these cars were purchased months ago at auction when prices were higher. Most dealers have these cars marked up $2.5 to $3K. Most would like to get $1K profit on these cars, but some (depending on business) are willing to sell them close to or at cost.
 
Find out how long the car has been on the lot. If it is a couple of months then offer $3K below the asking price and see what happens.
 
Good Luck
#614 of 765
Seems Like A Good Deal So Far! by freestylephil
Nov 06, 2008 (4:22 pm)
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Paid $15,000 for a 2007 Freestyle FWD CVT with 22K from L&M Motors in Loveland, CO. It has F & R temp control, 6CD player, 3 rows of seats and I think that's it for options. The thing drives flawlessly and on one 350mile trip averaged 30.8mpg driving mostly 65-75mph with AC on about half the trip. City driving is about 21mpg. Have only put around 1,000 miles on it but could not be happier! OK, heated leather seats would have made me happier.
#615 of 765
Re: More Wholesale Price Declines [seloo] by forddad90
Nov 07, 2008 (8:32 am)
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Replying to: seloo (Nov 05, 2008 4:03 pm)

Thanks for the heads up! How likely is it that the increased incentives for new 08s will have an impact on the price of used 08s sitting on dealers' lot? If the incentives are right, then I might just opt for a new 08 instead of buying a used one. I appreciate your willingness to share this information.
#616 of 765
Re: More Wholesale Price Declines [forddad90] by seloo
Nov 07, 2008 (2:37 pm)
Reply

Replying to: forddad90 (Nov 07, 2008 8:32 am)

It is my understanding that the incentive maybe $6K or more on a new 08 TX. We will have to wait and see.
 
If that is the case, you should be able to purchase a TX at $8-9K off the MSRP. Still not sure if that is a good deal considering the extremely poor resale/wholesale value of this car.
 
Wholesale prices are starting to go below 50% of the MSRP. 55% below MSRP would be a good price for an average condition low mileage 08 TX.
 
Good Luck!
#617 of 765
Re: More Wholesale Price Declines [seloo] by forddad90
Nov 11, 2008 (7:57 am)
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Replying to: seloo (Nov 07, 2008 2:37 pm)

I just read that Ford may be initiating the employee discount on Nov. 19. If that is the case, does that mean it will be the only incentive for the Taurus X or will that possibly include other incentives such as cash back? I don't think that the employee discount is enough to win me over for buying a new vehicle especially what you said about the resale/wholesale value of the car. I know this kind of deal doesn't do any favors for car dealerships so it makes me wonder if they might be more compelled to offer better deals on a used 08 TX.
#618 of 765
Re: More Wholesale Price Declines [forddad90] by seloo
Nov 11, 2008 (11:19 am)
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Replying to: forddad90 (Nov 11, 2008 7:57 am)

We will have to wait and see what the incentives will be on the 19th.
 
As for the used TXs, it depends on what the dealer paid for the car. Prices will come down, but dealers do not like to (but will in some cases) sell at a loss to get the car off the lot. In most cases, the decision to sell at a loss or not sell is linked to how the car is financed (either the dealer owns the car or it is financed by a third party).
 
Do not be in a hurry, more bad news for the auto market is coming. The next 90 days is one of the slowest times for car dealers.
#619 of 765
Re: More Wholesale Price Declines [seloo] by seloo
Nov 13, 2008 (3:17 am)
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Replying to: seloo (Nov 11, 2008 11:19 am)

Wholesale prices continue decline:
 
Average Condition EB with average miles:
 
As low as $14.5K
 
Average Condition Ltd with average miles:
 
As low as $14K
#620 of 765
Ford Incentives by seloo
Nov 14, 2008 (3:58 pm)
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Ford to offer employee pricing, cash incentives.
 
This starts on the 19th of November and ends 5 January 09.
 
The incentives must be really large to make a TX a good deal (at least $10-12K off the MSRP). One-year-old TXs sell for less than 50% of the MSRP at the wholesale auctions.

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