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Ford Edge: Prices Paid & Buying Experience

196 messages,  Last post on May 05, 2013 at 5:55 PM

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What is this discussion about? Ford Edge, Car Leasing, Car Buying, SUV

    

Messages Page 17 of 20

#156 of 196 Buying Edge by robr2

Apr 22, 2011 (7:51 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 196 Ford Edge negotiation question by edgedriver

Apr 22, 2011 (1:48 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 196 Re: Buying Edge [robr2] by tbuck16

Apr 23, 2011 (7:23 am)

Replying to: robr2 (Apr 22, 2011 7:51 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?
 
Thank you!

#159 of 196 Re: Buying Edge [tbuck16] by robr2

Apr 23, 2011 (12:02 pm)

Replying to: tbuck16 (Apr 23, 2011 7:23 am)
No I don't except good luck.

#160 of 196 Help on neg Edge lease!! by jaclynp

May 12, 2011 (6:26 pm)

Hi carman,
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
Msrp-$ 39008
$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 196 Trade 2007 Edge for 2011 Edge by roc24

May 23, 2011 (11:11 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)
 
Thanks

#162 of 196 Re: Trade 2007 Edge for 2011 Edge [roc24] by roc24

May 23, 2011 (11:26 am)

Replying to: roc24 (May 23, 2011 11:11 am)
Correction to my message (2007 vs 2011) the MSRP on the 2011 I am looking at (used with 7100) miles is $42,820.00 and the used car is $34,990.00

#163 of 196 roc24 by realtor4

May 23, 2011 (11:30 am)

I bought a 2011 ford edge with the camera. There are so many updates in the newer model that it really is a dream car. With the limited you will have the push to start. I got the vista sunroof and the cruise that automatically adjust to the speed in front of you. I would try to negotiate the price a little more, but I would seriously look at it. The 2011 also gets better gas milage.

#164 of 196 press request by kirstie_h HOST

May 27, 2011 (5:38 am)

A reporter would like to talk with someone who recently traded in a Honda or Toyota for a Hyundai, Kia, Ford or Chevy. Please email predmunds.com by Friday, June 3, 2011 with your daytime contact information, the car models involved and a few words about your decision.

#165 of 196 Lease Offer by unglued

Jun 04, 2011 (7:36 pm)

Got an offer for a 2011 Silver SE, FWD, roof rails and 101a package (Convenience group I think?).
  
10,500 Mile lease
Offer was $338/month(PA taxes included) for 39 months. I'm trading in a Truck ($2k trade in value) only thing due at signing is first month's payment and the trade in vehicle.
 
Can anyone comment on if this is a good deal?

Messages Page 17 of 20

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