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Started shopping for used...

2028 Views 6 Replies 6 Participants Last post by  klp
It will be a couple months before I'm ready to purchase a used T250/350 high, hopefully extended, but I'm starting to watch the market closely now. Its difficult to tell how much volume there is out there, and I see a higher % of low roofs than anything.

But I have never shopped for a 1yr old vehicle before and I am not sure I understand the market too well. The first question I always have in the back of my head is "why are so many people selling at less than a year and taking such a loss?"

Second question is "does mileage really matter when we're talking about 8k vs 14k vs 20k?" I'm not even certain that mileage is effecting prices in any predictable way.

And third question is how much are these used Transits in demand, as in, will dealerships negotiate? Or is it one of those things where if I see it advertised what I want, best snap it up and don't try the old "hmm, lemme think about it" walk out trick.

Sorry if this isn't posted in the correct place, but it seemed to fit. And any advice car shopping experience has always been a much more open-ended process with lots of input from Edmunds, KBB, etc, if you know what I mean.

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Most of the Transits coming out now will be rental or lease units. They will be base units unless you find some that are ordered by corporate standards where they request specific options on the van. There was a group of red ones in San Antonio that were HR 148" Ext vans and some white ones at Five Star Ford in North Richland Hills, TX that were HR 148" Ext Wagons. The low mileage ones (under 20K miles) run through the Ford Factory auctions and are exclusive to Ford dealers. If over 20K miles or pass the auction block 2 times with less than 20K miles, they go through the open auctions where any wholesale dealer can bid/buy them. You will see the ones that go to the Ford dealers will be higher priced than the higher mileage open sale units.

Right now based on the rebates from Ford and the local dealer discount, you may get a NEW 2015 Transit cheaper than a used 2015. There may be some long distance travel involved but when you can get $6000+ off of the MSRP and get specific options you want, it may be better to go with the NEW one. The mileage on the used one will be affected by the 3 year/36,000 mile warranty. If you somehow end up with one that may have had prior damage that voids the warranty, then you lose that part of the value that would be there in a NEW one.

What exact Transit are you looking for and at what price range? What area of the US are you located? Sometimes the area of the country has a lot to do with Transit value.
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