Showing posts with label cashforclunkers. Show all posts
Showing posts with label cashforclunkers. Show all posts

Monday, August 24, 2009

CARS aka Cash For Clunkers was a wild ride, but it's over and I didn't scrap the Ranger

So, like many Americans I took note of the CARS program, more commonly known as Cash For Clunkers, and was actually persuing a new vehicle under this program. Mine was a complicated deal initially, because I did not want to scrap my beloved Ranger, but instead trade in my beloved's Isuzu Rodeo. That was not going to work for a number of reasons.

Then I decided I would part with my Ranger, see it put to a miserable death and scrapped.
But fate had other plans for me and the Ranger. My dealer and I couldn't meet in the middle on a couple of details and I walked.

Now I've advertised the Ranger for sale, not scrap, but to a "good home" for "market value".
I've checked Kelly Blue Book and NADA sites for the estimated value of my Ranger and have actually gotten a couple of nibbles. I decided to get the Auto Check report from NADA, it's half the price of the CARFAX, in case any prospective buyers don't believe my claim of 57,670 miles on a truck that's 10 years old.

I'd love to sell my Ranger to a good home, then go back to the dealer that didn't want to honor my Xplan pin and see if he's so confident that he's going to get full price for the silver Escape.

In the end, it was an experience, not just for me, but for our nation. Pundits are kicking the can around the block, bitching and moaning about the program and every media is looking for the latest opinion and factoid. I still think that it was a good program, maybe not run very well, but out of the billions of stimulus dollars flushed this year, it's the only program that the average citizen could actually feel a benefit from.

I'm working long hours this week and waiting to hear if this fellow wants to buy the Ranger, but I'll update as I can.

Friday, August 21, 2009

CARS aka Cash For Clunkers to end Monday, just as plants spool up production?

So, news today (actually I think it was yesterday) is that the Feds have decided to end the CARS program Monday night. There's been debate about how much of a sucess the program has been, but in my opinion it's been a relatively good thing. I've heard that it's just pushed people's purchase timetable forward, steeling future sales, and that may be true. There's been criticism of how well the government has administered the program and dealers have concerns about payment. Pundits will be picking apart the details like a Thanksgiving Turkey for months to come. I missed my chance with this program, but there's still hope for me getting a new vehicle none the less, but I'll post on that Monday.

What I find amazing is the timing for the government canceling the program, it seems very sudden. Earlier this week it was anounced that the program was doing so well that manufacturers, including Ford and GM were ramping up production to meet demand.
All week I've been seeing more and more TV commercials from almost every manufacturer saying you can purchase or lease a new model under the Cash For Clunkers. And now they're pulling the plug? Just over 72 hours left to get your deal done. Will dealers be open on Sunday to take advantage of this?

Let's not forget that dealers have been pulling out of the program because of concerns about being paid for deals already in the pipeline. I went to a local Jeep/Chrysler dealer on Tuesday and was told they're no longer in the program.
I was a wild ride while it lasted and we'll see in a few months how good it was overall, but from my perspective I'd say it has to be the best spent stimulus money so far.

Monday, August 17, 2009

Now I know why my Honda dealer has so many CRVs on the lot while I can't find a Ford Escape ..

This is going to go in one ear and out of the other of folks that have drank the Kool Aid from Honda, but I went to the dealership to check out a new 2009 CRV. I know people love them, I went in with an open mind. And let me be honest, a couple of years ago I leased the last generation CRV for my mom. And I like that car, it was nice enough. But while I have been in the back seat of my friend's CRV for short trips (and hated it) I had not sat in the driver's seat of the newest CRV. And you know what? It's got to be one of the worst interiors I've ever sat in. And I'm not talking the base model, I sat in the CRV EX-L (with dealer installed wood trim.)

The arm rest, center console and door panes were just horrible. The seats were uncomfortable. The dashboard was ok, not horrible, but there's no way I could live with this. And again, I'll remind people that my honey drives a 2005 Honda Civic EX coupe and that's nice.

I have driven several competitors to the Escape, including the class leading interior of the 2010 Equinox. But the Honda CRV EX-L was a shock. For a car brand so beloved and hyped I really wonder how they sleep at night. And it's not limited to the front seat, it only gets worse out back. The back seat is like something out of the Inquisition and to flip and fold, while not difficult was just not what you'd expect after driving others in this field.

The Escape/Mariner twins may have rear drum brakes, but let me tell you again, how despite this handicap, it's still one of the best in class. I can say this safely after driving quite a few cute utes lately. My only complaint about the Ford/Mercury interior was the fact that you need to remove the rear headrests to fold the seat down. But I could sit in that back seat for a long drive if I had to.

My search for an Escape or Mariner continues. It seems that as soon as I find one on a local dealer's lot it's gone. Well, I had found one at a local dealership, but when I mentioned the X-Plan pin, he told me no way, he can get full price for it. I continue to search, with some luck.

I had considered an Escape without the leather, but then I sat in the cloth and wanted to puke.
That "Econ Friendly" cloth material is crap to the touch. I can find plenty of Escapes with leather and V6, but I4 and Leather seems to be a rare item. When they hit the dealer's floor their gone in 24 hours.

I'm checking dealers in my area on a daily basis. I know I'm not getting a Honda, my honey doesn't like the Chevy. Jeep dealers don't have Compass/Patriots with leather and moonroof. Jeep Liberty don't qualify for the Cash For Clunkers (so says my local dealer) because they don't get good enough economy ratings. Dodge is no better, Nissan ditto. I wouldn't buy a Toyota nor could you give me one.

I know I'm biased, but in all honesty I have to give the win the Escape/Mariner twins, if I can find one, that's where my money will go. I'm debating going for the V6, but that's unlikely.
One more week is what I'll give it. I'm not sure I'll have access to the Xplan Pin after that.
Cash For Clunkers money will more than likely be gone by September 1st.

It's an interesting adventure, I'll keep you posted.

Friday, August 14, 2009

SOLD in less than 24 hours on lot, but not to me

I rushed to the dealership today at noon and when I walked in the salesman sheepishly told me sorry that the blue Escape had been sold. I can't blame him, he didn't know that another salesman sold it last night. That's less than 24 hours on the dealer's lot! I called the dealership yesterday at noon and the salesman didn't even know it had arrived on his lot, so when I told him I'd be in today at noon, I didn't think I'd need to give him a deposit, big mistake.

I found another one, that's not on the dealer lot, tried to give a deposit over the phone, but salesman told me he'd call me when it arrives. He had a point, what if the car doesn't arrive? God knows, with my luck, it could be destroyed in transit.

I know the local Honda dealership has 17 CRV EX-L in stock, which is comparable to the Escape, but you know I want a blue oval in my driveway. I talk a good game about buying a Chevy or some other cute ute, but I bleed true blue. Wish me luck.

Ford's luck has been amazing with the Cash For Clunkers, just try and find an I-4 Escape, Fusion or Focus on dealer's lots this week, same goes for Milan and Mariner as well. The fact that my local Honda dealer has 17 CRVs on the lot and there doesn't seem to be an Escape/Mariner within 20 miles of me has to tell you something.

Thursday, August 13, 2009

Maybe? the 2010's are on dealer lots and CARS still has money, so maybe I'll do this..


On again, off again, when will I pull the trigger on this? As the adventure continues. I was just goofing around online, when I noticed that one of my local dealers has Escape Limited with I-4 leather and moonroof in stock. I called the salesman and I'm going to take a look at it Friday.
Now, I know I said I didn't want to scrap my Ranger, I do love that truck, it's the only way to do this. And for several reason I want to do this. Currently I own 2 vehicles, that I like a lot, but with the financial situation I could cut expenses considerably by trading the Mazda and scrapping the Ranger, and the Escape would still give me good mpg and winter driving ability.
So, here I go again, but this time armed with all the knowledge that I didn't have before and a simpler deal. I may know by Friday evening if this is going to happen and if it does, I could have the new vehicle by early next week.
And I was "this close" to going and buying a Honda CRV EX-L, the local dealer has 17 of them!
Couldn't find an Equinox at all.

Cute Ute, small SUV and Cash For Clunkers talk.

I've been working 12 hour shifts at work and lapsed with blogging this week, but here's an old school down and dirty post about Cute Utes or small SUVs and the Cash For Clunkers aka CARS program. No photos, my PC is acting up. But you more than likely know all the players.

First, my observation has been this, Ford Motor Company has been shooting vehicles off the lots as a result of the CARS aka Cash For Clunkers program. My own personal experience is this, there are not many Ford Escape/Mercury Mariners on dealer lots. When I recently attempted to make a deal and it didn't work out, because of my complicated trade deal, I decided to wait a week, review the situation and try again. I'm hunting for a Mariner at this moment, expanding my search to neighboring counties, as here in Westchester there are none to be found.

And as part of my purchase process I've been looking at all sorts of Cute Utes. You may have read my recent piece comaring the aging Escape/Mariner twins to the new 2010 Chevy Equinox. I've also driven other cute utes and comparison shopped them. Here's a breakdown of some of them and my personal opinion of them. For the record, I was shopping with these criteria in mind, must have AWD and 4cylinder engine, must have leather interior and moonroof as optional equipment and must be on dealer lot, not special order.

Dodge Caliber/Jeep Compass/Patriot triplets; Well they're all available with AWD, but good luck finding a Dodge so equipped. Leather and Moonroof are options on all. I had driven the FWD version of the Dodge several years ago when comparison shopping the Mazda 3. When the Caliber first came out I liked it, the styling was unique and it has some interesting options and features. The Boston Acustics liftgate speaker system, lit cupholders and chilled glove box storage among them. The 1.8 and 2.4 engines had received good reviews and on my test drive power was adequate. But what killed it for me, then and now, was the CVT. I'm known to prefer a manual trans, but automatics are more popular and in this class of vehicle their the norm. The CVT is alien at best and just did not leave me with a fuzzy feeling. The two Jeep clones are the same under the skin. Now, I didn't even really pick too much on the cheap feeling plastics on the interior, in the class of vehicle that's not far from the norm.

2010 Chevy Equinox; This is a nice vehicle, no doubt about it, the interior is probably among the best in it's class, GM has done an amazing job, taking many of the enhanced feel cues from the Malibu. It's 180 hp 2.4 Ecotec engine is more than competative, it's again almost class leading, with more hp than most competitors and better mpg too. This was a difficult vehicle to walk away from. But it's big, it's too big, it's more like a mini van than a cute ute. This is one to watch folks. While it's too big for my liking, it's going to be perfect for folks with kids. I almost forgot to mention just how sweet that new 6 speed auto is, it's very nice, making great use of available power with no slipping or hunting.

Nissan Rogue; this one is sort of an odd duck. The interior had some nice points, but bordered on the Dodge's cheap feel too. Does that make any sense? A nice interior that also feels cheap? Styling is sort of bland, but not ugly like the Jeep twins. And the killer? CVT again.

Now, I looked up the Mitsubishi Outlander, but in AWD it only comes with a V6 so it's out. It shares platform with the Dodge/Jeep triplets but from what I've seen they aced the interior.
I even looked at Hyundai, but couldn't find one with an I-4, I believe they also only come with V6 when you check off the AWD option box. I didn't even look at the Toyota RAV-4, I hate Toyota with a passion, not even going to lie about that. Any Toyota I've sat in over the last 20 years had just felt like crap to the touch and you couldn't give me on, never mind get me to pay for one.

So, moving on, what else do I see as competition? The Honda CRV. It's 2.4 liter I-4 puts out 166 hp, close to Ford's 171 hp from 2.5 liters. The CRV has 4 wheel disc brakes but it seems to only have a 4 speed auto? As with any Honda, it's an appliance, with little in the way of spirit. Sure it'll last 200,000 miles without a doubt, but it's like Prozac on wheels, neither spirited driver or bucking bronco, it's just sort of neutral. Like the Ford Escape it's getting kind of long in the tooth and in need of a major refresh, but it's not bad. I know one family that traded in their Clunker Chevy Blazer on one and they love it. It's an alternative there's no doubting that.

I did not look at Subarus, their mpg ratings are always so low and prices so high. I know folks that have them and love them, but I just haven't gotten around to checking them out. Maybe soon I'll drag my butt to a dealer and give a Foreter a whirl. But before I do, I'll go to their website and build/price one to see if it's competative.

So, after all that what do I have to say? First I'll say that while the Escape/Mariner are dated and not cutting edge, they're still great little wagons and a solid value. The Equinox is nicer, a lot nicer, but it's more like a mini van, sort of like the Dodge Journey. The Honda CRV is the major competior here. I don't know yet where my purchase will be, I'm still hunting an elusive Mariner.

Thursday, August 06, 2009

Washington Examiner, how is CARS aka Cash For Clunkers working out for Detroit?

Mark Tapscott emailed me this post from a fellow Washington Examiner writer that sheds some light onto how the Big 3 are doing in the CARS program. And it's interesting to see that 2 of the top ten models being sold are Ford.
While I expected the Focus to do very well, and it has, I was surprised to see it #2 to the Toyota Corolla, but above #3 Honda Civic. I dare you to find a Focus on dealer's lots today. As I said, Ford positioned itself very well for this program and the Focus was a natural with it's 34 mpg and high level of standard content.

And at #7, the Escape is the best selling cute ute or tall wagon, beating out the Honda Fit and Dodge Caliber. As you'll know, if you've been checking my site lately, I recently tried to wrangle a deal on a Mariner (the Escape's "City Cousin") and dealer supplies of these twins are flying off the lots. So, while Toyota and Honda do dominate the list, Ford's placement is very good.


And on the list of top ten vehicles traded in? Wow, a lot of older Dearborn iron is being crushed!
Explorer #1 F-150 #2 and out of the top ten 5 are Ford? As the author notes, it's no surprise that Honda and Toyota are doing well, but his concerns that these are losses of past Ford customers may be of less concern. How many owners bought these vehicles new is not in these stats. I'm going to assume that many of them may have been bought second hand and this does not reflect poorly on FoMoCo.
Sure I'm biased, that's obvious, but it's also fair to say that the Focus 2nd place spot on the sales list is certainly a sign that Dearborn, if not their Detroit neighbors, has done very well. Further proof of how well is available in a recent Autoblog post on monthly sales stats here
Some see the glass as half empty, I see Ford doing very well.



Saturday, August 01, 2009

New car is not in the cards, CARS or no

So, the end result of a week's worth of labor? No new car for me. After 7 days of arguing every single point of the deal, I've decided that Ford needs the sale more than we need the car.
That means the only Ford I'm dreaming about right now, is my good old Ranger.

I'm not going into personal details here in a public forum, but to be fair to the dealership, this was not a simple deal, it involved me and my honey and a very complicated government program. I could have simplified things very simply by trading my Ranger in as a "Clunker" but there is no way I'm allowing this truck to be scrapped, it's just been too good to me these last 10.5 years and it's only got 57,500 miles on it. Original clutch and only second set of tires.

I had looked at many options with this program, even considering going beyond the Blue Oval and test driving a Chevy Equinox, and I'll comment on that in another post.

It's my opinion that anyone who didn't get a deal in the first weeks of this program won't be getting a great deal no matter how much money the government throws at the program.
First, there are too many hoops to jump through. Second, dealers are overwhelmed by the mountain of paperwork involved. And lastly, with lower inventory on dealer lots, the cars that qualify for the greatest discounts just aren't on the lots.

I've visited several Ford and Mercury dealerships and Escapes and Mariners are becoming scarce, as are Fusions, Milans and Focus.

I'm finally throwing up my hands and wishing everyone involved good luck.
Customers, dealers, auto recyclers and every taxpayer. In the end, I think this was a great program and I hope it worked for some folks. If I was willing to see my faithful Ranger killed it would have worked for me.

I'm going to try and avoid posting about the CARS program unless there's something that really sparks interest in me.

Friday, July 31, 2009

CARS aka Cash For Clunkers to be expanded....


So, it looks like Washington is going to expand the CARS aka Cash For Clunkers program.
The initial response was overwhelming and it looks like the first Billion was spent almost before the program got started. Deals started on July 1st, even though the program wasn't finalized until July 24. So, $2 billion has been approved by the House and is expected to be approved from Congress allowing the program to go on uninterrupted.
This program gets wild responses on both ends of the spectrum. Dealers are loving the traffic through the showrooms, but concerned about the disposal of the clunkers. Consumers ( myself included ) are concerned about the complicated process and potential for abuse, while hopeful and showing a real interest. Pundits, like Mark Tapscott (who I respect a great deal ) are concerned that the program, like so many Federal "entitlements" will take on a life of it's own and become permanent, something that I personally believe is very unlikely.
There's no doubt that the program seems to be a huge boon to sales, with over 23,000 dealers taking part. It's being praised as the most actual stimulus out of all the Fed's programs. Mostly because it's the only program that the average citizen can realize a genuine personal benefit.
But as with any incentive program, many are concerned what will happen to sales when the money again runs out.
Obviously my opinion is biased, because I've been trying to cash in on this myself. But after seeing how well similar programs worked in Europe I'm still a supporter.

Thursday, July 30, 2009

CARS aka Cash For Clunkers to shut down?


Only 4 days into the program, the AP is reporting, from un-named sources, that the Obama administration will stop the CARS program? I know it's been cranking beyond anyone's imaginings, with 10% of the funds already spent and a bunch more in the pipeline, but stopping it? I'm hoping this is either untrue or just temporary, as I'm still holding out hope for my own deal, which if the dealer hadn't putzed around would have been done tonight.
I heard earlier today on the radio that the program was so sucessful that many wanted to see the fund increased. It's estimate that the money will run out long before the November cut off date. Some say as early as September.

Tuesday, July 28, 2009

The dealer says $3500, Edmunds, CARS and LetFord say $4500

I'm getting sick of this stuff, but here's what I found on Edmunds and it agrees with what Ford's site and how I read the CARS site say;

1997 Isuzu RodeoLS 4dr SUV 4WD

It appears your vehicle qualifies for the C.A.R.S. program based on the information you selected.
Combined Fuel Economy† of My Trade-In ............. 16 MPG
C.A.R.S. Category for My Trade-In ......................... Category 1 Truck
Data provided was for the following configuration:
Engine ...................................................................... 3.2L 6-Cylinder
Transmission ............................................................ 5-Speed Manual
Drivetrain .................................................................. Four-wheel drive
Note: If this is not your vehicle's configuration, your vehicle may not qualify under the C.A.R.S. Program. Search for your Combined Fuel Economy at the EPA Website. ( I checked here too )


2009 Mercury MarinerPremier I4 4dr SUV AWD (2.5L 4cyl 6A)

MPG of New Vehicle:
-->
Estimated Credit†† Based on New Vehicle Selected: $4500
MSRP: .................................................................... $27,240
Combined Fuel Economy† of new vehicle ............. 21 MPG
C.A.R.S. Category for new vehicle ......................... Category 1 Truck

Yet my local Mercury dealer is telling me it's only $3500.

Now, when I punch the new Chevy Equinox in it's also $4500. Who's going to get my money?

Don't use the Ford site folks, it looks like they've got it all confused? Use Edmunds.com

This program is not clear and reports are that even though everything was supposed to be settled Friday July 24, there were some last minute changes by the EPA. These changes help some folks, which is a good thing. But you really have to be careful and hope your dealer is smart and honest. I'm running into speedbumps with my trade, the dealer now says that my allowance is only $3500. But I've read the 136 page PDF from www.cars.gov and checked Ford's site and both read to me that the allowance should be $4500, based on 2 Class 1 trucks and a differnce of 5 mpg.
But don't trust the Ford site folks! Looks like they've got bugs. Which is a real shame, because FoMoCo was geared up to perform well under this program. I had used this site over and over and now can't trust the numbers it gives me. But wait, there's hope! www.edmunds.com has a calculator on their site and it seems to be working better. One odd note, is that if I put Mercury Mariner in, there's a glitch that doesn't allow me to pull down the trim. No problem, I entered Ford Escape and similar trim/drivetrain and it says yes, the deal is $4500.
If I were Ford I'd get my guys on this pronto. Last thing they need is bad PR about a site designed to help folks. It's bad enough that there seem to be shady dealers trying to screw folks over as it is.



Saturday, July 25, 2009

Buyers be aware of Dealers scams! Especially with the new CARS program..

Ok, so we went to the dealership today and a couple of red flags on the deal.
First the salesmen told me there would be a $50 Document Fee, which is in direct contradiction to the CARS program guidelines. Second he told me that if there is an excess Scrapage value above the $4500 federal credit the dealership takes the first $50, which is allowable under the CARS guidelines. It's Saturday and the program just went into effect yesterday, so it's understandable if some dealers don't fully understand the program, but it's more likely that they're counting on buyers not understanding either.

Buyer Beware! Go to the CARS site http://cars.gov and click on the link to the PDF file, print it out if you need and highlight the passages that are directly in conflict with anything the dealer says. Remember there are always other dealerships and other deals.

In this case it's very stupid of the salesman to try and pull this kind of stunt, there are several Mercury dealerships in my area and as many Ford dealerships also. I can switch dealerships with no problem. It's not as if I'm looking for a rare vehicle, I know there are at least 7 sped'd like I want in the local area.

I'm waiting until Monday to decide how to procede, I've told the salesman that he can't have the $50 Doc Fee. The ball is in his court, deal like a professional or play games and I walk! FoMoCo are you reading this? Email me and I'll give you the dealership's name as well as the salesman.

CARS confusion on LetFordRecycleYourRide with a friend

As I've posted about, I'm taking advantage of the CARS program and I've found Ford's website to be imensely useful. So, when a close friend was asking if his car would qualify also we headed over to Ford's site, linked in title, so see if it does.
And according to Ford, it most certainly does. But I'm confused, his car, a 2000 Jeep Grand Cherokee, isn't 10 years old. I tried looking elsewhere, but I've been busy.



I was looking at the Fed's site www.cars.gov but they don't have the easy to use tool that the Ford site does. Instead they've got a link to a PDF file over 130 pages long and in legalese that if I took the time would probably clear things up. I think later today I'll just go to http://theautoprophet.blogspot.com/ and use his chart. With all the research The Auto Prophet has done, I'm counting on him as yet again one of my best resources and you should too.

MyMercuryDream?


First I'd like to thank MF my friend from Dearborn for the Xplan pin, much appreciated.
It looks like today we're going to give the Mariner a second test drive and if all goes well sign on the dotted line. We're taking advantage of the CARS program (Cash For Clunkers) and trading in our Isuzu Rodeo (Ranger is in too good shape to be scrapped) and combining that with the Fed program and FoMoCo incentives means that this is a great value.
While it's obvious I'm biased toward FoMoCo products, I did my due diligence, researching available vehicles and incentives on small SUVs, CUVs and Wagons from Jeep, Dodge, Chevy, Chrysler, VW, Honda and Subaru ( as well as Ford, but more on that later.) End result? The Mariner is the value leader among them, when combined with mild incentives and the programs I'm taking part in (CARS & XPlan.)
The Mariner drove well in the first drive, the interior was very nice and there are a ton of features I really like. One thing I haven't seen in years, but was a real plus, was the two way opening hatch, where either just the window or the entire liftgate open depending on what you need to load/unload. The one deficiency that jumps out is the lack of 4wheel disc brakes? The Ford/Mercury twins were the only ones that didn't even have this as an option.
Traction Control, ABS, full compliment of Air Bags and the RSC (Roll Stability Control) offer a level of safety and confidence that help aleviate the nag of rear drum brakes. The tech goodies and amenities make the Mariner a near luxury vehicle at a more reasonable price. The 2.5L I-4's 25 mpg and 171 hp have the power and economy balance I'm looking for and the Smart 4WD will help in bad weather.
I've spec'd all the major options, Moonroof, Sync, Power and Heated everything, Dual Zone A/C and Stereo, so this is no stripper. I didn't opt for the DVD Navigation, I've never needed it, with my natural navigation skills, but a Tom Tom or Garmin GPS can be had for much less.
The one surprise was that with all the same option boxes ticked, the Mariner comes up $600 less than it's Ford Escape twin. That and my dislike of the Escape's egg crate grille were the tipping points for the Mariner.
I'll blog more about my adventure with this purchase later this weekend. This will be my first Mercury, I've owned quite a few Fords and even 1 Lincoln over the years, and my mom and dad each had a Mercury over the years, so I'm looking forward to this.
The one downer is that my Mazda 3 sGT is going away, but I'm just thinking of this as MyFordDreams doing my part to stimulate the economy and support the home team.

Sunday, July 19, 2009

The wheels are spinning in my head. possible new car in my future?


So, with no Internet on vacation and some down time I got to thinking, not always a good thing.
My quiry was this, would this be a good time for me to take advantage of several programs and trade up while reducing my monthly payments? Let me lay the foundation, I currently have 2 vehicles, 1999 Ford Ranger XLT with 4.0 V6 and 4x4, plus 2006 Mazda 3 s GT. The truck is paid for, the Mazda is more than half paid, but I'm paying insurance, gas and repairs (minimal luckily ) for 2 vehicles. Now, the Ranger as much as I love it is a prime candidate for the CARS program, more commonly called the Cash For Clunkers, it's 10 years old and gets poor fuel economy. So, I went to Ford's CARS site to see what I knew, that if I were to scrap the Ranger I would be eligable for up to $4500 if I picked a vehicle that got better milage.
Yesterday, after enduring the long drive back to the New York Metro area from Cape Cod, I started tipping and tapping at my keyboard and checked KBB and NADA values of the Ranger, both pegged at aproximately $4300, so the $4500 scrapage is very fair. I also checked the Federal website and noticed that beyond the $4500 I may be eligable to apply the further scrappage value of the truck. But let's just assume the $4500. What to buy? Well after a lot of thought I settled on the 2009 Ford Escape Limited with the I-4 and AWD. It's 175 hp may not be impressive, but the Ranger has 5 less and the Mazda's 158 does fine. My racing days are long over. The Escape's MPG rating of 19 city and 25 city is less than the Mazda's but very livable.
Life's a compramise and I need the following qualities/features in my next vehicle;
I-4 engine for economy
AWD for winter driving
Wagon style versatility for hauling and people moving.
I'd like the following as well
Moonroof
Heated Leather seating
Premium CD stereo
and since it's a Ford Sync.
I'm thinking that if I do this, I can get one vehicle that will fulfill all my needs and save me a few bucks every month. After the CARS and Trade In of the Mazda my monthyly payment should be about $40 less per month and since I'll be paying for Insurance on only one vehicle you can add about $90 more to that.
The only drawback to the entire thing? No Manual Transmission available with the AWD.
Research has only begun on this idea, I need to shop the competition, see what's going to be a better price with comparable options and see if I can get the Manual with AWD anywhere.
Do I stay Ford loyal ? Keep an eye on these pages over the next few weeks as I explore my buying options.