Selling my Expedition

[daepp]

How much should I ask?

2000 Ford Expedition Eddie Bauer. 93,000 miles, no known problems, well used but well maintained, good paint.


KBB says Trade In (Low Book) is $7,000.
KBB Private Party Value is $9,000.
Average of 212 cars in the Autotrader is $7300.

It's a boat anchor, and I figured in this gas price market it would be worth no more than $5K.

A freind wants to buy it - How much should I ask?

[daepp]

Too funny - but true

[dd74]

Originally posted by daepp

It's a boat anchor, and I figured in this gas price market it would be worth no more than $5K.

A freind wants to buy it - How much should I ask?

$4K. Of course, to adjust for (when) a barrel of crude (will rise) rising to $100.

[Dave L]

would it come full of gas or empty? If the autotrader average is $7,300 start there or maybe list at $7500 and sell for $7,000.

[lendaddy]

Stand by for smug

[DavidI]

I would not sell it to a friend. If something goes wrong with it, he may be knocking on your door. Sell it to a stranger, David

[osidak]

Originally posted by DavidI
I would not sell it to a friend. If something goes wrong with it, he may be knocking on your door. Sell it to a stranger, David

Agree 200%

Sold my wife's old car to one of her friends. She needed a car and I gave her a sweet heart deal. Fast forward two months - thermostat failed and she drove the car in an over heated condition until the car came to a stop all it's own.

Was upset because the car I sold her broke. She could never grasp the concept that it was her fault. My wife was very pregnant at the time so I didn't want her to get all stressed out about it and I didn't really have the time to do the work myself so I sourced a used head and gave her some cash to help with repair costs.

Guess what they haven't spoken in nearly 2.5 years. My son is 3 years old now.

[Porsche-O-Phile]

I hope the price of gas stays high simply because it will accelerate the migration of SUVs from the roadway to the junkyard / scrap metal heap.

Think about it - if gas prices fall a little, people will feel compelled to "get their use" out of these rolling safety hazards and possibly give them to little Bobby & Suzy when they turn 16 - and since the kiddies will be able to afford the gas, they'll drive 'em.

The only thing that scares me more than the thought of some inattentive soccer mom on the phone at the helm of one of these things is the thought of a young, inexperienced, underqualified driver - probably also on the phone at the helm of one of these things.

The faster they end up as soda cans or light-gauge metal studs or roofing nails the better. . .

[JTO]

Its a shame that the Expeditions and like vehicles have such little resale value, but understandable with the current fuel price. If you can get $7K for it, that probably is good for you and a great deal for the buyer. Our Expedition is a 99 and has been great. Its quiet, rugged, well build, reliable and drives pretty well, even on twisty bits. We carry our three kids and all of our kid-related stuff, plus coolers, chairs, etc. with ease. At 15-17 MPG on the way to the mountains, it gets about the same mileage as our 2004 Honda Oddity on the same trip.

I like the big SUVs. They can't be beat for quietly gobbling up the interstate, carrying kids and junk. I can see why an urbanite like Jeff would not like them. But if you actually go off pavement and camp, hunt, fish, explore, then these big SUV are great. Our annual Christmas Tree hunt is worth having the SUV. In the snow with the kids, sleds, fire wood, lunch; its just plain wholesome fun. I love photographing the event and noting the kids growth from year to year. Its also fun seeing the Expedition reappear in the photos, tree strapped to the roof, snow crammed into the fenders. We couldn't do these things in a Rabbit.
Troy

[JavaBrewer]

We practically gave our loaded 03 EB 4x4 Expedition away at $18K. That was $4-5K under what most others were asking for lessor equip. higher mile trucks. Now a couple months later I still see those rigs for sale. Consider how much it costs to sell in time & insurance (probably you're time the most costly). Ours was paid off and just sitting in our driveway yet I was happy to see it go.

Did not move to a econ car - wife hated the *souless* Expedition and longed for another LR Discovery. She is happy once again even though it costs $75/week in gas. Oh and Jeff, if you see a gold colored Disco with a cute redhead driver she won't be on the phone or drinking a latte but she will be driving 15mph slower than you would like

[daepp]

Well, folks, I let it go for $6500. Sold it in a day. And yes, sold it to an acquaintence/friend. However, anyone who buys a car with this many miles on it must know it will need more maintenance than a new 07 EB that stickers at $47,000.

JTO - I couldn't agree with you more. I, too, love big SUV's as my three children (14, 12 & 10) require plenty of room on our road trips. And the Exp. has been the best riding vehicle I have ever owned until last Thursday. The air suspension and the seats combine for one excellent ride.

[osidak]

Originally posted by daepp
However, anyone who buys a car with this many miles on it must know it will need more maintenance than a new 07 EB that stickers at $47,000.

The car I mentioned above had 97K miles on it and was 7 years old. I wish the best of luck to you. The experience taught us to never sell to friends or family and we also decided to never "loan" money to friends or family. If we can will give it and expect to never see it again.

[Porsche-O-Phile]

Yea, Porsches are horrid for depreciation. Well, all cars are, but I've been looking at Boxsters myself and the depreciation is frightful over the first three years. The upside is there are a lot of not-all-that-old Boxsters to be had for under $25k - even some decent ones under $15k that I've seen (!)

[john70t]

Japanese econobox for commute(drive till it rusts in half), 5-10yo sports car for the weekends, rent a truck for hauling.
I bought a cheap Cali van for moving cross country because Uhaul wanted $2400 for their smallest but now can't wait to get rid of it.

[JTO]

Hi Wayne,
Tell me if I'm wrong but I believe that the 996 GT2 and Turbo have not seen the RMS or cam oiling issues of the standard 996 power plant. I believe the Turbo and GT2 (GT3 too) have engine designs based on the last air cooled motors.

With that being said, why are the 996 Turbos seeing such rapid depreciation even compared to the 993 TT? The engines, in many ways are similar as are the power trains. Is it styling? Doesn't make sense to me.

Thanks,
Troy