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Prices Paid: Buying & Leasing Experiences Ford Escape Hybrid Prices Paid and Buying Experiences
632 messages, Last post on Sep 04, 2008 at 1:50 PM
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Replying to: zoltano (Mar 10, 2007 8:10 pm) The only incentive is $3000 from Ford. Savvy buyers can negotiate an additional $2000 to $2500. Dealers want to move the last '07s which have been in stock since last fall, most of which are $33100 units equipped by Ford with their remaining old style nav systems. The final $2000 in the example is a personal Federal income tax credit ($1950), which most buyers can claim next year against '07 income. Some buyers, like a retired person who pays no tax, would not get that. Also, people with other credits may get caught up in the AMT (Alternative Minimum Tax) if they try to claim a hybrid credit, too. Also, sales tax is calculated on ~$27600, not $25600. Again, not to nitpick, but just to point out that the example is not exactly a $25600 + tax purchase. It's still a great deal, though!
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Replying to: tclong (Mar 11, 2007 7:50 am) 
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Replying to: tclong (Mar 11, 2007 7:50 am) Let's hope that quality is there, as we are giving up a bullet-proof '02 Acura MDX for the green thing. Not to mention an increase in real word fuel economy from 16 MPG (premium fuel) for the Acura to 30 MPG (regular unleaded) in the Ford. Good luck - deals on the '07's are still out there. |
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I work at Chatham Ford on Cape Cod. We have finally gotten our first 2008 Escape Hybrid. Very cool! Big changes from the 2007! We have had a couple of lookers so far, but it is still available. The sticker price is $29,850.00 and typically they would sell for close to that amount due to their scarcity at this time. Let's face it... it's a buyers market right now you can save money!
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Replying to: zoltano (Mar 10, 2007 8:10 pm) I will likely try another dealer that can get me closer to the $22,000 price point (meaning, I get both dealer and Man. incentives, plus some of the packages without getting gauged for stuff I don't need). Thanks.
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I purchased an '08 FEH three weeks ago. I live in Boulder, Colorado and the sticker price was $29,175. I was able to get it for $27,238 because I used my COSTCO membership warehouse auto buyer program. After searching all 15 Ford dealers in the entire Denver Metro area, there were only two '08 FEH's that were not fully loaded with sticker prices at $32,500. I did not want the $2,695 Navigation system nor the moonroof and was able to find 2 without these options. 2WD doesn't even exist out here. No one in Colorado would buy one. All in all, I think I got a good price considering there are no incentives out on the '08 yet. |
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Replying to: complawman (Mar 20, 2007 3:16 pm) |
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A reporter for a weekend news program is looking to interview consumers in the Los Angeles area who are interested in purchasing a hybrid. Please reply to ctalati edmunds.com no later than Thursday, March 22, 2007 with your daytime contact info.
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Replying to: tripcapecod (Mar 19, 2007 11:06 am) |
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I'm debating purchasing the 2008 Ford Escape Hybrid 2WD. Originally, I thought I'd get a better deal on a 2007 model because of all the extra incentives. The vehicle has a base MSRP of $25,655.00 and a base invoice of $24,198.00. Accounting for dealer holdback (3% off total MSRP), Blue Oval holdback (additional 1.25% off total invoice), and current factory-to-dealer rebate of $500.00, I've come up with a dealer cost of $22,625.88. Add in the destination charge and subtract the $3000.00 in customer rebates, and I'm down to $20,290.88 for the base model. Anyway, after adding in all the options I want (Premium Package, Safety Package, and Moonroof) and my local tax rate, I've come up with a total w/options cost of $25,987.30. That's $7,397.40 off MSRP & $5,031.48 off invoice). Take out another $2600 for the tax credit, and I'm down to $23,387.30. Then, of course, I have to add in *some* profit for the dealer. Now, here's the issue... Going through all that rigamarole with the 08 model has given me a total cost of $25,698.23 (after the $3000 tax credit and, again, I have to add in profit), which is $2310.93 more than the 07, and only $4336.67 off MSRP and $1,873.23 off invoice... That really seems crazy to me, based on previous vehicles I've purchased (course, they've always been marked up more than the Escape). Anyway, I've read--from Ford--that the 08 is slated to have an 11% better residual value than the 07 model... If that's the case, it might be worth it just to go for the 08. That, coupled with all the new features, may be my best choice. Of course, the drastic markdown in the 08 will certainly have a negative effect on the prior models' resale value, anyway. It should also be noted that I used this same formula with both the 07 and 08 Mariners. Oddly enough, both of them came in at just over $200 more than the 08 Escape... So the 08 Mariner is on my mind too. *sigh* Any thoughts before I purchase?
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