Hi. I am looking to buy a Ford Edge or Explorer immediately. Coming from a BMW.
I want to buy the latest generation, so 2011 onwards. I am wondering which year to buy though, as the prices at the lower years are obviously much more appealing and they don't generally have too much KM's (Ex. 2012 Edge w/ 25,000km is for $35K, compared to $45K brand new)
I want these options for sure: Navigation, Leather, EcoBoost, and possibly the Driver's Entry Package.
The dealer I visited today is giving these options to me for $43,000 vs. $46,000 MSRP..(all fees inclusive). I am looking to lease it for the 0.0%.
Now here is the dilemma, I can get a 2012 with all the options I want (plus more such as the SONY sound system) with around 20,000km (not much) for literally $34K, and with taxes it'd come down to like, $39K. But this has more options. This new would be around $50K. The only thing holding me back is the depreciation that you must face when buying a new car, so buying a one/two year older version seems to be much more legit.
Any advice? Should I go for completely brand new, or a year/two older?
Also, my 2nd question, how is the reliability on these cars?