What is a 2002 Ford Escape worth?
The value of a 2002 Ford Escape can vary depending on several factors, such as the vehicle's condition, mileage, and location. On average, a 2002 Ford Escape in good condition with average mileage can be worth between $2,000 and $5,000 in the used car market.
Factors Affecting the Value of a 2002 Ford Escape
The value of a 2002 Ford Escape is influenced by several key factors:
- Mileage: Vehicles with lower mileage tend to be worth more than those with higher mileage. A 2002 Ford Escape with under 100,000 miles will generally be worth more than one with over 150,000 miles.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining its value. A well-maintained 2002 Ford Escape in excellent condition will be worth more than one with significant wear and tear.
- Location: The geographic location can also impact the value of a 2002 Ford Escape. Vehicles in areas with high demand and limited supply may be worth more than those in areas with a surplus of similar models.
- Trim Level and Options: Higher-end trim levels and additional features, such as four-wheel drive or a premium audio system, can increase the value of a 2002 Ford Escape.
It's important to note that the value of a 2002 Ford Escape can also be influenced by market conditions, such as the overall supply and demand for used vehicles, as well as any recalls or known issues with the model.
Determining the Value of a 2002 Ford Escape
To get a more accurate estimate of the value of a specific 2002 Ford Escape, it's recommended to consult online resources such as Kelley Blue Book or Edmunds, which provide detailed pricing information based on the vehicle's specific details. Additionally, checking local classified ads and dealership listings can give you a sense of the current market prices for similar vehicles in your area.
By considering the factors mentioned above and researching the current market conditions, you can make a more informed decision when buying or selling a 2002 Ford Escape.
What is the fair market value of a 2002 Ford Escape?
A 2002 Ford Escape XLT Sport Utility 4D has depreciated $237 or 9% in the last 3 years and has a current resale value of $2,235 and trade-in value of $739.
What is a used Ford Escape worth?
Prices for a used Ford Escape currently range from $1,900 to $75,000, with vehicle mileage ranging from 5 to 315,000. Find used Ford Escape inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.
What are the bad years of the Ford Escape?
The 2005, 2008, 2009, 2013, and 2014 models should be avoided, while other years are considered strong choices. Overall, the Ford Escape has been a successful model for Ford, with over 5 million units sold. As one of the most popular compact crossover SUVs around, the Ford Escape is very important to Ford.
How long should a Ford Escape engine last?
On average, a Ford Escape can last anywhere from 150,000 to 200,000 miles or about 10-15 years with the proper care. Of course, this varies depending on factors like maintenance, driving habits, and climate.
What are common problems in a 2002 Ford Escape?
Top 2002 Ford Escape Problems
- Ignition Misfires. 436 people have reported this.
- Check Engine Light and Hesitation or Stumbling While Driving. 391 people have reported this.
- Internal Transfer Case Problem on the 4WD models. 218 people have reported this.
- Inactive-Merged-Failure of EGR Differential Pressure Sensor.
Does the Ford Escape have a good resale value?
On average, a Ford Escape will depreciate by about 48% after five years, according to Car Edge reports. This means that a vehicle initially priced around $34,600 will have a resale value of approximately $18,007 after five years of ownership.
What is the fair market value of a Ford Escape?
driven per year, with no color or options selected. 2023 Ford Escape trade-in prices range from $16,123 - $27,171. Get a more accurate value for your car with the Edmunds appraisal tool.
What is a used Ford Escape worth today?
Prices for a used Ford Escape currently range from $1,900 to $75,000, with vehicle mileage ranging from 5 to 315,000. Find used Ford Escape inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.
What year was the Ford Escape bad?
The 2013 and 2014 Ford Escape, more generally, have had the toughest time of it all. The former, in fact, is designated "Avoid like the plague" by CarComplaints.com, having generated over 3,000 driver complaints to the US transportation regulator (NHTSA). Cases of engine failure, stalling and fire are legion.
How many miles will a 2002 Ford Escape last?
Ford Escape Lifespan
With proper care and maintenance, a Ford Escape can easily surpass the 200,000-mile mark. Some owners have even reported driving their Escapes well beyond 300,000 miles.
