Ford Edge Cost: The Pricing & Ownership Expenses
The Ford Edge is a midsize crossover SUV that offers a quiet and comfortable riding experience that rivals luxury models. Before purchasing a new Ford Edge, it’s important to understand the total cost of ownership. This includes the purchase price, insurance, depreciation, and maintenance costs. Crossroads Ford of Dunn-Benson provides a comprehensive guide to help you make an informed decision. Let’s get started!
Initial Purchase Price & Incentives
The Ford Edge has a starting price range of around $38,000-49,000. The final cost depends on the trim level, options, and model year. Dealerships often offer incentives and discounts to lower the purchase price. When negotiating, consider the invoice price, current market value, and available rebates. Additionally, the initial purchase price can significantly impact the Ford Edge’s resale value over time, affecting how much it retains after ownership for a number of years.
Numerous Features to Enjoy: The Specs
The Ford Edge was designed for style and substance. Its sleek exterior features signature LED lighting, a hands-free liftgate, and a choice of eye-catching wheel designs. Under the hood, you’ll find a powerful 2.0L EcoBoost® engine or an even more potent 2.7L V6 EcoBoost® engine, both mated to smooth-shifting automatic transmissions.
Inside, the Ford Edge offers a spacious and passenger-friendly cabin with premium materials and advanced technology. The SYNC® 4A infotainment system with its 12-in. touchscreen keeps you connected and entertained. Apple CarPlay® and Android Auto™ integration increased the entertainment value, while the flexible cargo area offers ample room for your belongings.
Safety is a top priority in the Ford Edge. It comes equipped with a suite of advanced safety features, including automatic emergency braking, blind-spot monitoring, and lane-keeping assist. Additionally, the Ford Edge has earned a 5-star overall safety rating from the National Highway Traffic Safety Administration.
Overall, the Ford Edge is a well-rounded midsize crossover SUV that offers a compelling blend of performance, technology, and safety. Whether you’re commuting to work, embarking on a road trip, or simply running errands around town, the Ford Edge is ready to elevate your driving experience.
Choosing the Right Ford Edge for Your Needs
Selecting the perfect Ford Edge for your needs involves several key considerations. Here are some tips to help you make an informed decision.
Determine Your Budget: Start by considering your purchase price, monthly payment, and interest rates. Knowing these will give you insight into how much you can afford to spend on a Ford Edge.
Assess Your Needs: Think about how you plan to use your Ford Edge. If it’s primarily for daily commuting, a base model might suffice. However, if you need a vehicle with more pep or style, upgrading to available features or higher models might be what you need.
Research Different Model Years: Compare depreciation rates, maintenance costs, and resale values for different model years. This will help you find the best value for your money.
Test-Drive Different Trims: Take various trim levels for a test drive to see which one best suits your needs and preferences.
Consider Ford Blue Advantage Options: If you’re looking for a used Ford Edge, consider Ford Blue Advantage certified pre-owned options. These vehicles have been thoroughly inspected across numerous categories by professionals, offering added peace of mind.
By taking these factors into account, you can choose the right Ford Edge that fits your needs and budget, ensuring you get the best value for your money.
Five Years of Ownership: The Costs Involved
The Ford Edge’s estimated five-year cost is between $53,000 and $68,000. This includes depreciation, taxes, fees, financing, and insurance. Comparing the Ford Edge’s costs with other cars over five years, as well as with other SUVs and midsize SUVs, can provide a broader market context. Using an online calculator and comparing costs with similar vehicles can help you make a more informed decision.
The Cost of Insurance & Maintenance
Insurance for a Ford Edge costs around $5,000 to $15,000 for five years. This varies based on trim level, options, and driving history. Shop around for the best rates and consider bundling policies. If you’d like to stick to branded coverage, Ford offers Ford Insure for all your needs.
In five years of ownership, maintenance costs for the Ford Edge can range from $4,000 to $6,000, but repair costs can fluctuate depending on the vehicle’s age, mileage, and specific issues. If you consider extended warranties, they’ll help protect you from unexpected repairs. Additionally, researching the reliability and durability of the Ford Edge can help you anticipate potential long-term costs.
Extra Protection: Warranty & Extended Warranty
Ford offers a 3-year/36,000-mile basic warranty and a 5-year/60,000-mile powertrain warranty. This coverage can reduce the overall cost of ownership. If you’re concerned about future maintenance costs, consider Ford Protect, an extended warranty program with packages that are tailored specifically to your needs with plans that cover theft, dents, tires, vehicle components, and so much more.
Own Your Ford Edge Today
The Ford Edge is the preferred option for those wanting a blend of comfort, style, and performance. When you’re looking to buy one of these efficient midsize crossover SUVs, consider maintenance costs, insurance expenses, and overall value to ensure you’re making the best choice for you. By researching these, as well as the Ford Edge’s features, trim levels, and depreciation rate, you’re guaranteed to find your perfect match. That being said, the overall cost of owning this ride over five years is around $53,000-$68,000. If you’re prepared for the cost of owning a Ford Edge, visit Crossroads Ford of Dunn-Benson for a test drive today!
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