What should I know before buying a discounted Ford Explorer?
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    What should I know before buying a discounted Ford Explorer?
    Updated:30/04/2024
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    1 Answers
    DesertGuardian
    Updated:11/09/2024

    Considering a discounted Ford Explorer? There are essential factors to evaluate before making your purchase.

    1. Understand the Reasons for the Discount
    • Previous Year Models: Often, discounts apply to last year’s models to make room for new arrivals.
    • Inventory Overload: Dealerships might discount cars to reduce stock levels.
    • End of the Month/Quarter Incentives: Sales teams may offer discounts to hit quotas.
    • Market Demand: Economic factors and changing customer preferences can affect pricing.
    2. Verify Vehicle History

    Before purchase, it’s critical to check the vehicle’s history report using services like Carfax or AutoCheck. This report will reveal:

    • Accident History
    • Previous Ownership Records
    • Service Records
    • Odometer Rollback Issues
    3. Assess the Condition of the Vehicle

    Pay close attention to both internal and external conditions of the Ford Explorer:

    • Check for Body Damage: Look for dents, scratches, or rust.
    • Inspect Tires and Brakes: Ensure they are in good condition.
    • Interior Examination: Check upholstery and electronic features.
    4. Warranty and Coverage

    Determine the warranty that comes with the discounted Explorer:

    • Manufacturer’s Warranty: Does it still apply? What does it cover?
    • Extended Warranty Options: Consider if you need additional coverage.
    5. Financing and Trade-in Options

    Examine financing options carefully to understand total costs:

    • Loan Terms: Look for low interest rates from banks or credit unions.
    • Trade-in Value: Assess the worth of your current vehicle.
    6. Fuel Efficiency and Maintenance Costs

    Factor in the long-term costs of owning a Ford Explorer:

    • Average MPG: Understand fuel economy ratings.
    • Maintenance Record: Check service intervals and expected repair costs.
    7. Market Comparisons

    Before finalizing, compare prices with similar models:

    Model Price Year Miles
    Ford Explorer 2020 $30,000 2020 20,000
    Chevrolet Traverse 2020 $32,000 2020 25,000
    Honda Pilot 2020 $31,500 2020 15,000
    8. Customer Reviews and Ratings

    Look into consumer feedback through trusted review platforms:

    • Edmunds
    • Consumer Reports
    • Kelly Blue Book
    9. Scheduling a Test Drive

    Always schedule a test drive to evaluate comfort and performance:

    • Handling: How does it feel on the road?
    • Comfort: Is it spacious and suited for your needs?
    • Noise Levels: Check for unwanted sounds during the drive.
    10. Negotiate the Price

    Don’t hesitate to negotiate. Research similar vehicles to support your bargaining position.

    Conclusion

    Purchasing a discounted Ford Explorer can be a great deal if you do your homework. Ensure you understand the reasons behind the discount and carefully inspect the vehicle before finalizing your decision.

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