The Ford Expedition has been recognized by a number of entities in recent months for offering up quite a bit of value for the money in the used vehicle market, as well as being one of the highest depreciating models on the market and one of the longer-lasting used vehicles out there. Now, the Ford Expedition has once again been recognized – this time as one of the best 20-year-old used vehicles for the money by iSeeCars, a list that also includes the Ford Fusion.
iSeeCars recently released its list of the top 20 best 10-year-old used vehicles for the money, a group it singled out by analyzing over two million used vehicle transactions. The company then identified the models with the longest lifespan and compared each with current used car values. The resulting list ranks 10-year-old vehicles by the price of their remaining potential lifespan – or the lowest price per remaining 1,000 miles of expected lifespan.
In that sense, the Ford Expedition ranked eighteenth on this particular list with an average price tag of $15,584 and a remaining lifespan of 108,762 miles – which equates to $143 per 1,000 miles. iSeeCars estimates that 10-year-old Expedition SUVs have a potential lifespan of 244,682 miles, with around 44.5 percent of that total remaining, on average. By comparison, the top 20 best used cars for the money list averages $12,814, with a remaining lifespan of 101,923 miles or more than 46 percent left in their total usable lifespan.
“Although used car pricing is slowly dropping, it remains near record levels, putting a serious financial pinch on first-time buyers or used car shoppers needing to replace their current vehicle. And new vehicle pricing is simply unrealistic for many consumers,” said Karl Brauer, Executive Analyst for iSeeCars.com. “But we now know shoppers can buy a 10-year-old car that costs substantially less than 1-5 year-old used models, yet these vehicles still have 80,000 or more miles of life left in them. All of these top 20 cars provide a potential lifespan above 200,000 miles.”