The Pricing & Ownership Expenses Of A Ford Expedition
The Ford Expedition is a full-size SUV that offers a spacious and comfortable riding experience equipped with numerous features that are perfect for the whole family. Before purchasing a new Ford Expedition, 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 Expedition has a starting price range of around $64,000-79,000. 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 significantly informs the Ford Expedition’s resale value over time, or how much value it retains after ownership for a number of years compared to when it was brand new.
Numerous Features to Enjoy: The Specs
Whether you choose a 210-in. long Ford Expedition or a 221.9-in. long Ford Expedition MAX, you can customize it to your liking. From performance and appearance upgrades such as the Stealth Edition and Texas Edition Packages to the available 3.5L EcoBoost® High-Output engine that generates up to 440 horsepower and 510 lb.-ft. of torque, your choices are numerous. For those seeking extra towing capabilities, when you equip the Ford Expedition with the Heavy-Duty Trailer Tow Package, you can tow up to 9,300 lbs. Stepping inside the spacious Ford Expedition interior, ample seating for up to eight passengers make it perfect for family adventures. Elevate your driving experience with premium materials available on select models, adorning the interior surfaces and seating. The Ford Expedition boasts a spacious cargo area, offering up to 104.6 cu.ft. of storage, and up to 121.5 cu.ft. on the Ford Expedition MAX. Stay connected and entertained with a 12-in. LCD touchscreen infotainment system featuring SYNC® 4 or available SYNC® 4A, offering seamless integration with Apple CarPlay® and Android Auto™. Drive with confidence thanks to standard driver-assistance features like Lane-Keeping System and Hill Descent Control™, included in the available Ford Co-Pilot360® suite.
Choosing the Right Ford Expedition for Your Needs
Selecting the perfect Ford Expedition 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 Expedition.
Assess Your Needs: Think about how you plan to use your Ford Expedition. 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 if the Ford Expedition holds its value 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 Expedition, 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 Expedition that fits your needs and budget, ensuring you get the best value for your money.
Five Years of Ownership: The Costs Involved
The Ford Expedition’s estimated five-year cost is between $94,000 and $96,000. This includes depreciation, taxes, fees, financing, and insurance. Comparing the Ford Expedition’s costs with other cars over five years, as well as with other SUVs and full-size 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 Expedition costs around $5,000-14,000 over 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 Expedition can range from $3,000-5,000, 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 Expedition 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 Expedition Today
The Ford Expedition is the preferred option for those wanting a blend of comfort, style, and performance. When you’re looking to buy one of these spacious full-size 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 Expedition’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 $94,000-96,000. If you’re prepared for the cost of owning a Ford Expedition, visit Crossroads Ford of Dunn-Benson for a test drive today!
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