patperry2766 wrote:
Having spent 7 year in the car business, the statement of only being a $3000 difference in model years isn't exactly true. While no one pays MSRP on a vehicle like this, the dealers will be clearing the lots for the new year models. The APR's and rebates from the manufacturer will be better on the outgoing vehicles.
Right now (in Texas) there are $6000 in rebates or $2500 rebate and 0% APR for 60 months on the 2014's vs $1500 rebate or $500 rebate and 3.9% APR on the 2015's.
It's a mute point since they decided on something smaller. but it's always best to wait until the new models start coming out because that's when the manufacturers have the best incentives.
Actually, with the gas prices going lower, the larger vehicles will start to become more popular again. Consumers get lulled into the mindset that the gas prices will be low for a long time and that they can now afford a vehicle like this. Next summer when the gas prices have risen back up to "normal" these same people will be "B"ing that they cant afford it anymore and want to trade it in on a more economical vehicle. Then they won't understand why the trade in value has gone down....I saw that happen SEVERAL times.
This is true. I just bought a new 2014 Expedition Limited last Friday. They came off sticker $11k without even asking. The 2015 is just what is stated above and no lower. I wanted the 5.4 because after buying a Ford 6.0 diesel in Jan of 03 I said I will never again buy a first year vehicle with a new engine.(I know Ecoboost has been around a while now but not in the Expedition) The 5.4 engine has plenty of power to pull a 5,800 lb boat and that's all I needed. I will give the new turbo engine about 5 years and see how they are holding up then maybe get one. What I saved wipes out the drive off the lot depreciation and will buy some gas too. Bought my 08 Dodge Ram in March of 09 and saved $16k off sticker. $27k between two vehicles is reason enough for me to wait until the end of a model year to buy new.