Last post on Oct 02, 2013 at 6:19 AM
You are in the Ford Edge
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Ford Edge, Car Leasing, Car Buying, SUV
#152 of 197 Did I make a ok, good, or great deal?
Mar 28, 2011 (5:34 pm)
I just put a $500 deposit on an order for a Ford Edge Limited FWD, package 301A, vision package, all weather mats, and back lit door. The quoted price is 37234.10. Right now the incentives are locked in at $2500 but $1000 of it applies only if Ford credit it used. Could I finance with Ford to receive the addtional incentive and just refinance with my bank that is offering 2.82% / 60 mnths? Any comments/suggestions are much appreciated. Thanks
#153 of 197 Re: Did I make a ok, good, or great deal? [davenhv]
Mar 29, 2011 (4:13 am)
Could I finance with Ford to receive the addtional incentive and just refinance with my bank that is offering 2.82% / 60 mnths? Any comments/suggestions are much appreciated. Thanks
You might not be able to since I'm sure that 2.82% is for "new" purchases. You'd be refinancing which many times doesn't qualify for those low rates. Check with your bank to be sure.
#154 of 197 Re: Ford Edge: Prices Paid & Buying Experience [kyfdx]
Apr 02, 2011 (9:39 pm)
I am looking at a 2011 SEL with the 201A package. The MSRP is $32985. The dealer is offering $31K drive out. This seems like a really good deal to me, but at the same time, I'm wondering if they're not trying to pull one over me. Any thoughts?
#155 of 197 Buying Edge
Apr 22, 2011 (5:59 am)
I am looking to purchase a 2011 Edge SEL. I am trading a 2008 SEL with 42k miles on it, Good condition and a 2008 Lincoln Navigator - Good condition. In total, I owe approx. $46k on the two trade-in vehicles. The Edge I have been looking at has an MSRP of $35,585. Any thoughts or suggestions. Thank you!!!!!
#156 of 197 Buying Edge
Apr 22, 2011 (6:51 am)
Any thoughts or suggestions.
Not what you want to hear but don't even bother trying to do this deal. You are so far upside down you're going to need a front end loader to dig you out.
Go over to real world trade in values and post the information - you're not going to like it.
#157 of 197 Ford Edge negotiation question
Apr 22, 2011 (12:48 pm)
I have an '07 Edge SEL and am looking at 2011 Edge. the dealer has a limited MSRP $43035, Invoice $40207 and the internet price is $37995. I haven't negotiated to buy my cars before and I'm not sure if the internet price is something that is negotiable or not? and if yes, what would be a reasonable offer to start?
#158 of 197 Re: Buying Edge [robr2]
Apr 23, 2011 (6:23 am)
I also thought that we would be very upside down. However, we are being offered $48,500 for the two vehicles. The MSRP on the SEL Edge is $35,585 and with Rebates, they are offering us the vehicle for $34,000. Any advice?
#159 of 197 Re: Buying Edge [tbuck16]
Apr 23, 2011 (11:02 am)
No I don't except good luck.
#160 of 197 Help on neg Edge lease!!
May 12, 2011 (5:26 pm)
I've been working on this deal for the better part of 2 weeks and I wanted some advice. Negotiating a lease on a edge SEL
$2750 in rebates
Money factor .5% (seems super low, this is NJ)
Residual - 64%
total out of pocket - $1000
Price per month-420
Does this sound reasonable? When I calculate the coat on the lease payment calculator using these figures I get a much lower monthly payment but then again, I'm $50 less than where I started with a much better equipped vehicle.
What do u think?? Thanks for all your help!
#161 of 197 Trade 2007 Edge for 2011 Edge
May 23, 2011 (10:11 am)
I have a 2007 AWD Edge SEL with 25,000 miles ( has heated seats,leather and vista roof). Generally has been a great car - a few problems such as replacing brakes at 22,000 miles and axle seal problem twice. I owe about $4700.00 on the car
I regret not getting the package with the back up camera but have lived w/out it for 3 years.Also I have a black one and really wanted the white tri coat but hey...the price was right on the 2007.
My husband has been encouraging me to look at a 2011 Edge - specifically with the Vision package and adaptive cruise control. I have resisted looking for several reasons...I am of the school of thought that you drive,drive,drive a car until you get to the point of outlay over value.
Having said this while I had my car in for an some maintenance work this weekend I saw a 2011 Edge Limited AWD(white tri color) with just about everything except the tow package. The car is listed as used ( it has 7100 miles on it) and it is $34,990.00 I believe new it would be $38,760.00.
I am actually considering buying it - the dealer said my trade is $18,500.00 ( I thought this was a tad south of where it should be but not substantially) So I have apprx 4700.00 left on my 2007 and the remainder of the purchase price (minus trade) is $16,490 and that brings my total out of pocket or out of pocket/finance amount to $21,190.00
If I buy this car I will likely not buy another car for 6-8 years. If I stay with my 2007 I MIGHT buy another car in 3 - 4 years ...mainly because of the increased technology on the newer cars.
I will finance part of this purchase (regardless if I buy now or several years down the road). I like to keep my monthly payments low (right now i am at $240.00) not because that is all I can afford but because that is what I am comfortable with.
Thoughts,suggestions? If i wait a few years my trade will be considerably less and the price of a new car will be higher so given that this car is slightly discounted because it is used does this represent a good deal and make sense? or should i just stay with what I have ( which will be paid off in about 19 months)