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2003 Ford Explorer
Invoice: $23,924 - $33,460
Miles Per Gallon
City: 14 MPG - 15 MPG
Highway: 19 MPG - 21 MPG
Body Style: N/A
Engines: 4.0L V-6 210 HP, 4.6L V-8 239 HP
The Ford Explorer is one of the best sport-utilities in its class. Redesigned and re-engineered last year, the Explorer is a much better vehicle than the previous-generation Explorer. It offers a more solid stance than before, with a longer wheelbase and a wider track. A stiffer frame and a fully independent suspension provide superior ride and handling on road and off road. Its V6 was revised last year and a V8 was added as an option. Both are available with a superb five-speed automatic. It's roomy, capable of seating seven people when equipped with the optional third row that folds flat into the cargo floor when not being used. For 2003, Ford added more standard equipment and important new options. Ford's AdvanceTrac electronic stability system is available for improved traction and safety, along with a rear-seat DVD system.
Purchasing an older vehicle, such as the 2003 Ford Explorer, 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 2003 Ford Explorer for less money than when it was new. If the 2003 Ford Explorer 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 2003 Ford Explorer 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 2003 Ford Explorer will have a good resale value. This assumes that the 2003 Ford Explorer is in good condition and has a reasonable number of miles.
Find a used 2003 Ford Explorer for sale at CarsDirect.
