Does a Ford Expedition hold its value?
The Ford Expedition is a popular full-size SUV, but how well does it hold its value over time? According to industry data, the Expedition generally retains a good portion of its original value, making it a solid investment for many buyers.
Factors Affecting the Expedition's Resale Value
Several key factors influence how well the Ford Expedition holds its value:
- Demand and Popularity - The Expedition is a highly sought-after SUV, which helps maintain strong resale prices.
- Reliability and Reputation - The Expedition is known for its reliability and durability, which boosts its resale value.
- Mileage and Condition - Like any vehicle, the Expedition's resale value is affected by its mileage and overall condition. Well-maintained Expeditions with lower mileage will retain more value.li>
- Model Year and Updates - Newer model years and Expeditions with the latest features and design updates tend to hold their value better.li>
These factors all contribute to the Expedition's generally strong resale performance compared to many other full-size SUVs on the market.
Expedition Resale Value Estimates
According to industry data, a Ford Expedition can retain 60-70% of its original value after 3 years of ownership. This is considered a good resale rate for a large SUV. For example, a 2022 Expedition with an original MSRP of $55,000 could be worth around $38,500 to $41,250 after 3 years.
Of course, the actual resale value can vary depending on the specific vehicle's condition, mileage, and other factors. But in general, the Ford Expedition is known to hold its value well compared to many of its competitors in the full-size SUV segment.
Which is more reliable, Ford Expedition or Chevy Suburban?
Reliability is always a crucial factor when choosing a vehicle. According to a recent report, the 2024 Chevrolet Suburban has a predicted reliability score of 81 out of 100, while the 2024 Ford Expedition Max scores 83 out of 100. Warranty offerings are similar for both models.
Does Ford hold its resale value?
Strong Brand Reputation and Resale Value
Known for their engineering and quality, Ford SUVs tend to retain their resale value better than many competitors. The Ford Expedition, in particular, benefits from a strong following among buyers looking for a spacious and capable SUV with proven longevity.
Is the Ford Expedition worth it?
Highs Potent twin-turbo engine, cavernous cabin, tows like a pickup truck. Lows Truckish handling, noticeable cheapness inside, fancy versions encroach on Lincoln pricing territory. Verdict The Expedition is practical and quick, but that's not enough to put it ahead of its rivals.
How well do Ford Expeditions hold their value?
“The Expedition may be great at carrying families, but it's not so awesome at holding its value,” U.S. News said. Consumers can look to other SUVs that will take their money much farther over the years. The average depreciation value for the Ford Expedition is 50.7% over a five year period.
Is Ford better quality than Chevy?
Ford is renowned for its innovations in performance and tech, often leading the pack with capable handling, strong powertrains and cutting-edge features. Chevy, on the other hand, has built its reputation on value and dependability, appealing to buyers who prioritize affordability and long-term reliability.
Which car brand has the highest resale value?
List of 10 Best Resale Value Cars in India
- Hyundai Creta.
- Maruti Suzuki Swift.
- Honda City.
- Mahindra Scorpio.
- Tata Nexon.
- Maruti Suzuki Wagon R.
- Hyundai Grand i10 Nios.
- Mahindra Bolero. The Mahindra Bolero caters to a specific segment.
What is a common problem with Ford Expedition?
Transmission Problems
Many owners of 2021-2024 Ford Expedition models report transmission issues, particularly with rough shifting, delayed gear engagement, and transmission slipping.
Is an Expedition bigger than a tahoe?
Chevy Tahoe dimensions are similar yet favor the Tahoe. For starters, the Tahoe measures 210.7 inches long, 81 inches wide, and 75.8 inches tall; the Expedition is 210 inches long, 79.9 inches wide, and 76.6 inches tall. The Expedition has 43.9-inch front-, 41.5-inch second-, and 36.1-inch third-row legroom.
What SUV has the longest life expectancy?
The Longest-Lasting Cars, Trucks and SUVs To Reach 250,000 Miles and Beyond
| Top 20 SUVs Most Likely To Last 250,000+ Miles – iSeeCars Study | ||
|---|---|---|
| Rank | Model | % Chance of Lasting 250,000+ Miles |
| 1 | Toyota Sequoia | 36.4% |
| 2 | Toyota 4Runner | 26.8% |
| 3 | Toyota Highlander Hybrid | 25.9% |
What is the life expectancy of an Expedition?
According to vehiclehistory.com, the Ford Expedition can last 150,000-300,000 miles, depending on the engine and the care put into the vehicle.
