What the heart wants, the wallet will provide. That’s definitely the case for the buyer of a 2000 Ford
Excursion who spent well over what you’d expect for a 22-year-old SUV. A seller listed the Super Duty-based Excursion
on auction site Bring A Trailer
for no reserve—meaning it would sell no matter the final price. And sell it did, going for $67,500 in late March. The Ford Excursion is a relic of the new millennium
To be fair, it looks like it’s in pretty great shape for a vehicle older than most college students with 101,000 miles on the odometer.
The listing for the metallic green 4WD SUV describes its mostly single-owner life, being first registered in Michigan before the seller acquired it earlier this year. It also helps that it has an accident-free record and a clean Georgia title.
Great news for the average used car buyer, but who would spend that much for a used SUV that Time Magazine
listed as one of the 50 worst cars of all time? Value is relative when it comes to cars
Scarcity has a habit of making folks pay much more than what they normally would if an item was still readily available.
Ford didn’t make too many of the truck-based
Excursion; in its best year, the automaker sold only 50,000 of the massive SUV—dubbed the Ford “Valdez” by the Sierra Club—in the U.S. compared with nearly half a million Explorers in the same period. Even fewer came equipped with the highly coveted 235-horsepower 7.3-liter Power Stroke diesel V8, which is what this particular example boasts.
The 2000 Ford Excursion retailed with a starting MSRP of $34,135 in 1999, which would be just over $58,000 in 2022 when adjusted for inflation. That means whoever bought this used Excursion paid nearly $10,000 more than its inflation-adjusted retail price when it was new.
For $67,500, you could almost score a brand-new base model Ford Expedition and you could definitely afford one of many brand-new mid-trim luxury SUVs out there, too.
If that’s not devotion, it’s probably desperation. The used car market is a mess right now—used vehicle prices are up around 40% over 2021
—and definitely plays into the pricing of this pristine-looking truck-based SUV. The Excursion is also a discontinued model, which can demand a premium.
It doesn’t help that new vehicles are also having trouble finding their way onto dealer lots. Global supply chain issues and computer chip shortages are taking a toll on new car inventories. When high-demand vehicles do make it onto dealer lots, they can be subject to ridiculous markups
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