Used Pricing

[toywaltz]

So I've been considering a FFE and noticed there are quite a lot of these available lightly used.  That's kind of scary, particularly the 2013 models, but I also found some 2014's that are listed as "Ford manufacturer" cars and have 3k-7k miles.  Prices are about $2k less than if I bought new with the tax credit.  So about $28k before haggling which I presume I can do a little better.  I'd probably want to be at least $3k cheaper than a new one to make it worthwhile.  Has anyone had else picked up a used FFE? 

 

Also worth noting, my insurance will run 25% higher on the FFE vs a FFH.  I thought it could just be from the higher MSRP.  But that rate was actually quite a bit higher than some other vehicles I'm considering which are considerably more expensive than the FFE.  From an actual $$ perspective it's not much for me as I'm dirt cheap to insurance regardless, but I thought it was interesting.   

[Rexracer]

I have not heard of anyone getting a used one on here, nor have I even seen a used one!

 

The 28k for used, are you assume thats about 10k MSRP? I bought my 2013 end of year close out for 10k under, then got the 4k tax credit. 2014s MSRPs were lowered 4k. So Apples to Apples, when comparing a used car to a new 2014, you should be at least 10k under MSRP, just to make things equal. If its a 2013, then I would suggest even more.

 

Thats interesting on the insurance. I didnt ask what a FFH would be so not really sure, but the FFE was very close to what my 05 Acura TL was so I didn't worry about it.

 

Also, I have seen FFH's in my area certified used for 23k. For that price, you really need to be sure that the FFE is worth it over the FFH.

[jeff_h]

Also worth noting, my insurance will run 25% higher on the FFE vs a FFH.  I thought it could just be from the higher MSRP.  But that rate was actually quite a bit higher than some other vehicles I'm considering which are considerably more expensive than the FFE.  From an actual $$ perspective it's not much for me as I'm dirt cheap to insurance regardless, but I thought it was interesting.   

 

Really? For 8 months in 2013 I had a Fusion Hybrid and wife had a Fusion Energi - then in December I sold the Hybrid and also got an Energi, I think my 6-month premium for both cars together (with same coverage) went up by about $20-30 IIRC,

Edited May 3, 2014 at 01:22 AM by jeff_h

[toywaltz]

The 28k for used, are you assume thats about 10k MSRP? I bought my 2013 end of year close out for 10k under, then got the 4k tax credit. 2014s MSRPs were lowered 4k. So Apples to Apples, when comparing a used car to a new 2014, you should be at least 10k under MSRP, just to make things equal. If its a 2013, then I would suggest even more.

 

The used 2014 with an asking price of $28k had an MSRP of $41K, so it seems about right.  It's equipped a little better than what I was considering new. 

 

I've seen a few FFH in the $23k price range but they aren't apples to apples.  I've not seen any '14 models, and the used '13's have 20k miles and less options.  I would definitely agree that if an otherwise identical FFH was $23k that would be a no-brainer.  Comparing new prices, the FFE seems to be about indentical price after the tax credit so the only difference for me is the potentially lower mpg in hybrid mode.  I do about 10k a year just on the highway on longer trips so will likely be in hybrid more than electric.  I'm not a hypermiler by any stretch either.

Edited May 3, 2014 at 01:02 PM by toywaltz

[FrostFire]

Also worth noting, my insurance will run 25% higher on the FFE vs a FFH.  I thought it could just be from the higher MSRP.  But that rate was actually quite a bit higher than some other vehicles I'm considering which are considerably more expensive than the FFE.  From an actual $$ perspective it's not much for me as I'm dirt cheap to insurance regardless, but I thought it was interesting.   

 

My insurance company actually gave me a 25% electric/plug in discount, so the FFE costs about the same to insure as a conventional car with 75% of the MSRP (a similarly speced ICE Fusion?).  It's only $250 more a year than my 08 Mercury Mariner was.