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1998 Ford Expedition
Invoice: $24,737 - $30,233
Miles Per Gallon
City: 14 MPG
Highway: 19 MPG
Body Style: N/A
Engines: 4.6L V-8 215 HP
Ford has touted itself as the "Better Idea" company in years past. Its biggest Better Idea to date, the massive Expedition, may well be considered a Best Idea, judging from the horde of cash-in-hand customers queuing up at Ford dealerships. Assembly plants are working full steam to meet the demand for the the Expedition, and its luxurious near-twin, the Lincoln Navigator. Ford and Lincoln dealers are trying to get them as quickly as possible, but buyers have recently been placed on waiting lists. Enough Expeditions are now trickling into the Ford dealerships that buyers can drive one home. Those wishing to purchase a Navigator should expect to wait for awhile to get one. Why is the Expedition so successful? We think its success goes beyond the current enthusiasm for large sport-utilities. And we think it goes beyond the shortage of contenders; only the GMC and Chevrolet Suburbans compete in this big size class. We think the Expedition is selling like hot cakes because it does everything it was designed to do and it does it well. Its good looks certainly don't hurt, either. This year does not bring major changes to the Expedition because it is only in its second year of production. And the folks at Ford wouldn't want to change a thing. In fact, the only things setting the 1998 version apart from its predecessor are the availability of some additional paint colors. The Expedition has also been certified as a Low-Emissions Vehicle in states that have adopted California's tougher emissions regulations.
Purchasing an older vehicle, such as the 1998 Ford Expedition, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 1998 Ford Expedition for less money than when it was new. If the 1998 Ford Expedition was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 1998 Ford Expedition is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 1998 Ford Expedition will have a good resale value. This assumes that the 1998 Ford Expedition is in good condition and has a reasonable number of miles.
Find a used 1998 Ford Expedition for sale at CarsDirect.
