How Much Does a Used 2017 Ford Edge Cost You?，Uncover the price range for a pre-owned 2017 Ford Edge, exploring depreciation, condition, and current market trends.
When it comes to purchasing a 2017 Ford Edge, the cost can vary significantly depending on factors such as mileage, condition, location, and demand. To give you a comprehensive picture, let s dive into the world of used car pricing.
The Depreciation Curve
A brand new 2017 Ford Edge hit the market with a starting MSRP of around $34,000. However, depreciation sets in quickly. According to Kelley Blue Book, after three years, a well-maintained Ford Edge loses about 40-50% of its value. That means you might expect to find a decently priced used 2017 Edge in the range of $17,000 to $22,000.
Maintained vs. Neglected
The condition of the vehicle plays a crucial role. A car that has been lovingly cared for and has regular maintenance will naturally hold its value better than one with neglected repairs or excessive wear. A pristine, low-mileage 2017 Edge could fetch closer to $25,000, while a car with higher mileage or mechanical issues could drop to $15,000 or lower.
Location Matters
Where you live can impact the price. Urban areas tend to have higher demand, which can drive prices up. Conversely, rural areas may offer more competitive pricing due to lower demand. Make sure to check local listings and adjust your expectations accordingly.
Current Market Trends
Keep an eye on the used car market for any fluctuations. If Ford Edge sales are strong, demand might push prices up, while slow sales could mean more negotiation room. Also, consider any updates or recalls that might affect the resale value. A clean bill of health from Ford could bump up the price, while known issues might lower it.
In summary, a 2017 Ford Edge can range from around $15,000 to $25,000 in the used car market, depending on factors like condition, mileage, and regional demand. Be prepared to do your research and haggle to get the best deal for your buck!