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With a base entry price of over $50K retail it doesn't surprise me one bit. Before I get flamed for that statement, I can afford a Platinum Expy or Superduty but I simply choose to be more conservative with my dollars and sense.
The Expy is a fantastic vehicle especially with the ecoboost and 10 speed. Ford simply needs to make this vehicle more affordable to a broader group of buyers. The F-150 nails that comments perfectly.
A lot of that has to do with supply issues as well. Most consumers are optong for ltd and plat, ford cant keep the supply for those padticular trucks. Noone really wants to pay 55k for a xlt when 65k can get you in an almost fully loaded ltd.
With a base entry price of over $50K retail it doesn't surprise me one bit.
The number of people capable and willing to pay $60k and up for a truck is not infinite. While the number of such people might be growing, at some point, all those people will have one.
I do not blame the OEMs for pushing the limit, but demand has to slow down eventually.
A family member of mine runs a large rental fleet and he can't get expeditions at all right now. They have apparently allocated all stock to dealerships for retail sales not the heavily discounted fleets. Once they open it up to him he will be ordering 20-30 of them.
Probably not, I think they get a mix of XLT and platinum. I don't know why they don't get all XLT, they can't charge more for the platinum trim. They order a few navigators for the "luxury" market along with lots of Escalades.
Supply constraints have to be a problem. I see almost no Expys on dealer lots--maybe one in stock where in the past there were at least 4 or 5 sitting in a row. And if a dealer has one, they may not be that interested in selling it because customers want to try it on and crawl around it.
Although ramping up production ASAP would seem to be the logical approach for max profits, it almost helps to put fewer on the road at the very beginning in case there are any teething problems with any new components.
I see GM ads where they are still blowing out 2017 Tahoes and Yukons so part of their sales have to be leftover models.
The dealer I use is just now getting enough Expeditions for the lot. Most all have been sold as soon as they arrive. I bought my loaded Limited in early January and definitely have not regretted it. This is a fine vehicle.
The Feb article says that Expy's have a 13 day turnover rate on the lots and despite an overall decrease in sales, there is a 41% increase in non-fleet sales. So the theories above are right. They are not making enough of them, and fleets are having to wait for them.
What's kind of sad is total Lincoln sales....in Feb they moved only 6700 vehicles for the whole DIVISION--that is 10% of Ford's F series sales alone(!?) I can't imagine how their dealers can survive. They will sell more when they can make enough Navigators, but realistically even if the whole division doubles sales, they will sell fewer vehicles than many of Ford's individual models. If I was thinking about a Lincoln, I might be concerned that my local dealer could fold...I still don't know if axing Mercury was really the right thing to do.
The dealer I use is just now getting enough Expeditions for the lot. Most all have been sold as soon as they arrive. I bought my loaded Limited in early January and definitely have not regretted it. This is a fine vehicle.
I think the 2018's are the most attractive Expy that Ford has ever built. I'd love to see sales rebound to a level that would at least compete with GM.
Rezvani's Latest Post-Apocalytic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.