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Prices Paid: Buying & Leasing Experiences Ford Escape Hybrid Prices Paid and Buying Experiences
705 messages, Last post on Feb 06, 2009 at 11:46 AM
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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 2:16 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 10:06 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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A large local newspaper is looking to interview consumers who are considering purchasing a Ford vehicle. If you are interested in speaking to the reporter, please reply to jfallonedmunds.com no later than Friday, April 20, 2007 with your daytime contact info.
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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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