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Ford Escape Hybrid Prices Paid and Buying Experiences

706 messages, Last post on Nov 18, 2009 at 12:41 PM
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Replying to: adamdonaghey (Apr 19, 2007 1:31 am)
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Replying to: treagan (Apr 19, 2007 10:22 am)
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Replying to: adamdonaghey (Apr 19, 2007 10:58 am)
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Very happy with my experience... Had two dealers in a bid frenzy and ended up getting the vehicle for $907.48 off... invoice. That's right, invoice. That's $2750.48 off sticker. I basically figured the cost of the vehicle (including holdback) and added 3% profit for the dealer. I did not include any dealer prep fees, nor the Ford Advertising Dealer Fund (of which dealers have to pay $360 per vehicle). In this case, the dealer *really* did make only a few hundred bucks... Bottom line, is despite the fact that these are brand new, harder to come by, and *really* not marked up by much (dealers really don't make much money on these hybrids), you can still get a great deal. That, coupled with the $3000 federal credit and the fact that I paid cash, just bought me an investment. I highly recommend picking one of these up if you can! I'll just sit back and wait for the 60MPG F150s slated to come out next!
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OK, so I saw a dealer who offers cars on ebay as well, and contacted them about a FEH that was listed at $31K, but the description was base model. He told me it was fully loaded, and I said I wasn't interested in the nav package because it's just too expensive of an add on, and after I told him which packages we were looking for (moonroof, audiophile, hybrid premium) he said he could get one "out the door" (meaning with TT&L) for $29,300, not including my $500 college grad rebate. So, we decided to go down and test drive the one they DID have (the fully-loaded one) since we hadn't actually driven a FEH yet. Got down around 3, drove it and decided we really liked the ride, so we were prepared to see if he could get the one he mentioned they could get (less nav package) in ice blue, or (our preference) "if there's one like that in the green, we can wait longer." He went back to the manger's area for awhile, and we watched TV, and came back asking if we liked the one we drove. I said yes, and he said how about that for $30,500, out the door). I asked if that included the college discount, and he said nope, take that off, and it's $30K. Interested? So, we said yes, and also got the $500 factory-to-dealer rebate that's out now. Then all the financing paperwork began (in spite of me having gone through FMC's credit application a few days ago, in preparation). Declined all the options except GAP insurance (which made a difference of about $2/mo financed). About 2 hours later, we drove away with a kiwi green FWD that has the premium package, navigation, chrome, moonroof and stepbars (only thing I woulda totally skipped, but eh), for $29,290 or about $1,100 over invoice. The salesman mentioned to us that we picked a good time to shop (end of the month), which is something that a car salesman friend of mine confirmed -- they have monthly quotas, so feel more pressure at the end of the month. He also mentioned that they have a limit of how many hybrids they'll have on the lot at any given time. Now, I'm not sure who imposes this limit, but I'm thinking in this case it's the dealership's manager, because this was slightly out in the country south of Houston (at Ron Carter in Alvin), where trucks are a much bigger draw. But, worked in our favor, because end of the month, and faced with seeing if another dealer would swap out their inventory == let's sell the one here. So, all in all, a pretty smooth and surprising experience.
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Replying to: shaendra (Apr 29, 2007 8:10 am) 1) GAP coverage. I wouldn't suggest buying GAP coverage from the actual dealer. If you feel you must have that insurance, purchase it from your insurance carrier. It's typically far less and since you generally purchase six month premiums, you can always get rid of it, as needed. 2) End of the month myth... It's always the right time to buy a vehicle. The fact of the matter is, a salesman always wants to move a vehicle (despite what he/she may say) and a salesman is always willing to negotiate a good deal. The only factors that will change the amount a dealer is willing to negotiate are consumer rebates and factory-to-dealer incentives. If you're willing to wait for a rebate or an incentive, you will obviously get a better deal.
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Replying to: adamdonaghey (Apr 29, 2007 2:32 pm) GAP coverage was all of about $345, so I'm not sweating it at all. I feel fine with the deal we got. Thanks for pointing these out, though! Always good for folks to hear about different angles, going in. |
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Replying to: treagan (Apr 19, 2007 11:48 am) Brian |
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A reporter from a large local newspaper is looking to speak to owners of the 2008 Ford Escape Hybrid. Please provide your daytime contact info to ctalati |
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Replying to: adamdonaghey (Apr 21, 2007 9:48 pm) i am in the market now and would appreciate it, if you could educate me on how i can get a great deal like yours on the escape. thanks chuck |
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