How Much Does a Used 2017 Ford Edge Cost You?，Curious about the price tag for a gently-used 2017 Ford Edge? Dive into the world of automotive affordability with this comprehensive guide on its current resale value.
When it comes to purchasing a used car, the price of a 2017 Ford Edge can vary significantly depending on factors such as condition, mileage, location, and demand. To give you a rough idea, expect to find a base model SE with around $20,000 to $25,000, while a higher-end Sport or Limited trim could fetch closer to $28,000 to $32,000.
The Depreciation Curve
Ford vehicles, like most cars, experience depreciation over time. A 2017 Edge has been on the market for a few years now, so it has undergone some initial depreciation. According to the Kelley Blue Book, the first-year depreciation rate for a new Edge was around 20-25%. By 2018, that rate would have slowed down, but it s still important to factor in a decrease of around 10-15% annually for the next few years.
Maintenance and Condition Matters
A well-maintained 2017 Edge with low mileage and no major accidents will command a higher price. Regular service records, clean interior, and minimal wear and tear can bump the price up by a few thousand dollars. Conversely, if the car has seen rough handling or requires extensive repairs, the price will reflect that.
The Market and Trends
Keep an eye on local market conditions and trends. If Ford Edge is a popular choice in your area, demand might drive prices up. Conversely, if supply is high, you may find better deals. Check online marketplaces, classified ads, and local dealerships for the most accurate pricing information.
The Future of Resale
As time goes on, the 2017 Ford Edge will continue to depreciate, but classic car enthusiasts might start appreciating these vehicles for their design and reliability. Future resale value will depend on how well the Edge holds its place in the nostalgia-driven auto market.
In summary, a 2017 Ford Edge s price can range anywhere from $20,000 to $32,000, depending on factors. Make sure to inspect the car thoroughly and consider the long-term resale potential before making a decision. Happy hunting!