1997-2006 Expedition & Navigator 1997 - 2002 and 2003 - 2006 Ford Expedition and Lincoln Navigator Discussion

selling expo w/warranty

  #1  
Old 01-16-2010, 09:56 PM
jredwood's Avatar
jredwood
jredwood is offline
New User
Thread Starter
Join Date: Jan 2010
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
selling expo w/warranty

how much more money can i expect to get selling my 03 expo with a warranty that has a 2 year or 20000 miles left on it. i know i could cash the remaining warranty in but think i would be better off selling with the warranty so the person purchasing will have a better piece of mind <nobr style="font-weight: normal; font-size: 100%; color: darkgreen;" id="itxt_nobr_0_0">buying</nobr> a used vehicle from a private party.

2003 expedition
4.6
83000 miles
4x4
 
  #2  
Old 01-16-2010, 10:27 PM
guyina4x4's Avatar
guyina4x4
guyina4x4 is offline
Senior User
Join Date: Jul 2004
Location: Illinois
Posts: 247
Likes: 0
Received 2 Likes on 2 Posts
i doubt it would make any difference in what you could get

wouldn''t matter to me anyway, if I like and want it, I get it
 
  #3  
Old 01-16-2010, 10:52 PM
jredwood's Avatar
jredwood
jredwood is offline
New User
Thread Starter
Join Date: Jan 2010
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
so are you saying that the warranty does not increase the resale value.
 
  #4  
Old 01-17-2010, 12:46 AM
alloro's Avatar
alloro
alloro is online now
Moderator
Join Date: Apr 2008
Location: 0,0,1
Posts: 23,437
Received 4,178 Likes on 2,421 Posts
Originally Posted by jredwood
so are you saying that the warranty does not increase the resale value.
Yes it would, however, most people wouldn't have faith in the validity of the warranty. This is what make a warranty almost valueless.
 
  #5  
Old 01-17-2010, 01:43 AM
jredwood's Avatar
jredwood
jredwood is offline
New User
Thread Starter
Join Date: Jan 2010
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
it would only take one call to validate the warranties terms. its a ford extra care warranty.
 
  #6  
Old 01-17-2010, 07:42 AM
Moto Mel's Avatar
Moto Mel
Moto Mel is offline
Postmaster
Join Date: Jan 2009
Location: Chesapeake, Va.
Posts: 4,584
Likes: 0
Received 2 Likes on 2 Posts
The Ford warrantee does improve the saleability and value of your truck but, you will still have to be priced lower than the dealers in your area. The good things are that the buyer will have more faith in buying from the person who has been driving the vehicle for a while if they will help with the transfer and if they have copies of ALL of the past service/repair orders wether from the dealer or an indrpendent shop. A dealer can't come close to the confidence inspired buy buying from the person who has been operating the vehicle on a day to day basis.
The reason the dealers sell used cars is that there is often more profit in them than in a new car because they (the dealer) can and often does "low ball" the customer on the value of the trade-in vehicle. Often the customer knows this is happening but just takes it because they are tired of shopping and being beat down by the salespersons as well as not wanting to have to deal with the tire kickers and low ballers that often answer the for sale ads.
If you have a person that you know that is a member of your church, lodge, club, etc. that wants your truck having the extended warrantee to sell with the truck will increase the value. If you don't want to deal with the new owner or if there are issues that you know about with the truck that will come up later you might be better off just trading it in and letting the dealer put up with the issues.

Used vehicles and ex-girlfriends/wives and money are the cause of many broken frienships. It's your call.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
fireeater91
1999 - 2003 7.3L Power Stroke Diesel
29
12-31-2019 03:05 PM
Wiggin
1994.5 - 1997 7.3L Power Stroke Diesel
8
07-31-2010 06:11 AM
1868pike1978
1994.5 - 1997 7.3L Power Stroke Diesel
10
07-20-2010 01:44 PM
taylorme63
1999 to 2016 Super Duty
9
03-02-2010 05:37 PM
pditmars
1994.5 - 1997 7.3L Power Stroke Diesel
4
10-04-2009 04:35 PM


Thread Tools
Search this Thread
Quick Reply: selling expo w/warranty



All times are GMT -5. The time now is 09:16 AM.