Kinda new car why so cheap??

Question

So our local Ford dealer wants to sell me a 2005 Ford Taurus with 39,000 miles. I drove it all day and on the highway and it seems like its in great shape. It's a lease program car and it was on sale for $10,600-that already seemed a low mark. Then after the guy calls me a few times today I tell him I just cant afford the payments. I tell him I can get a car for 6,000 and he decides he can sell me the taurus for that price-whats going on here? Am I in for problems with the car or what?

Answer 1

Since it's an off-lease vehicle the dealer probably owns it for very little money and is probably still turning a profit even at that relatively low price. It's quite possible that it was an early lease termination and the lessee had their clock cleaned financially when they did the early turn-in.

Get it checked out by an independent mechanic and run a CarFax report. If everything checks out, go for it; you've found the rare gem -- a decent vehicle at below wholesale value.

Just watch out on the financing! The dealer may well make up for a loss on the sale price with an interest rate that will more than make up for the loss. Get a loan quote from your bank and be prepared to substitute your bank's financing at the last minute if the dealer's deal isn't up to par.

Answer 2

the 2005 Taurus was a decent car, what it lacks in style and flavor, it makes up for in reliability and comfort.

the average milage for a new car is around 12,000 per year, but nowadays, that's a really low figure. it looks like the miles are a bit high, but it is not uncommon for a Taurus to run well over 100,000 miles. the only chronic problem that i ever ran into with the new Taurus was engine electrical sensors. the 04s had issues with component failure, but i dont recall ever seeing a 05 with the same issues. if this taurus was built early in 2004, then you may have some issues, but probably not if it was built Sept 04 or newer. just make sure you get the oil changed and the vehicle inspected every 5,000 miles (this goes for any newer car)

your best bet would be to ask for a carfax report from the dealer who wants to sell you the car. if it was a vehicle damaged from flood or is on a salvage title, then do not even consider this car for a second.

ford has stopped production on the Taurus, this may be a reason why so cheap.

ps. the vehicle is NOT under full warranty (3 years / 36,000 miles, whichever is first) you still have the emissions warranty (5/50 or 7/70 depending on where you live and what part)

Answer 3

Since it was a lease, usually that means it was paid for by the time that lease was up. But it's an '05. That's a 1 year lease. I don't know if anybody does a 1 year lease. If not, somebody paid heavy penalties to turn that car back in early. And 39,000 is high for a car that's only a year old. If it was an '03, I'd say jump on it, but that new? I don't know. You're smart to be suspicious. It is too good to be true, and you know what they say about those.

Answer 4

Ford has been going down, and seems pretty desperate to me. Don't even get that car, invest in a car that you know will be reliable like a Honda or a Toyota, year doesn't matter as a whole. Id prefer a 2003 Toyota over a 2005 Ford any day.

Answer 5

Ford sales are WAY down. The Taurus is not a popular car. They wanted to unload it. It is the end of the month - maybe is the sales person made a quota he/she got a huge bonus and they sacrificed this one. Consider it a good deal. I have a Mercury Sable that is basically the same (mine is a '97) and I have 150k and it is still going strong. You should learn how to negotiate car sales better in the future. They are marked up to be marked down.

Answer 6

Because the Taurus has one of the worst resale value known to man. After five years, Accord and Camry retain 50% of their value... but the Taurus? Around 25%.

Plus the Taurus has been discontinued so the interest is even lower.

I drove a 2003 Taurus rental once.... it was plain awful. The gas gauge didn't work and it barely got 20mpg. I mean Accord and Camry with more hp get over 25mpg.

My family owned several Taurus while I was growing up and they all were such crap. Every single one of them had stalling problems prior to 30k miles.

I always see plenty of 2-3 year old Taurus' for under $5k so $6k isn't out of the norm. But you can't trust a salesman until it's in writing. I've had situations where the salesman agrees to my low price, just to get me back in the seat to work me for a higher price.

Ask them to fax you that price in writing with manager's signature... if he won't do it then you know he was just trying to get you in the dealership to work you over.

Answer 7

you need to purchase maximum young toddlers issues used devoid of subjects. A motor vehicle seat isn't certainly one of them. Used motor vehicle seats are risky, no count how new they're. except you're identifying to purchase from a depended on buddy or relative, you won't be able to be genuinely particular of the background of the seat and that it incorporates all of the products and the instruction manual. motor vehicle seats are meant as a one relatives merchandise, truly even a one toddler merchandise, they do no longer look to be meant to be exceeded around. call your police station, they often have classes to grant out low value/loose seats to families that want them. OR verify the wellbeing facility you're handing over at, they could often help, too. yet one greater reason used motor vehicle seats are risky - motor vehicle seats expire 6 years after the date of manufacture and could trashed after that, yet via fact that fairly some human beings do no longer understand that they sell expired used seats, even worse than in basic terms used seats.

Answer 8

Well it's a Ford no wonder it's a cheap price.

Answer 9

it would make me wonder to if it were me i would take it to a shop and have them look it over good and if they say it all looks good jump on it they are good cars, (my Merc. Sable has 175 thousand and still goen strong)

Answer 10

taurus isn't selling
neither is ford