How Much Should I Pay: 2008 Ford Taurus

Question From Mark: Hi
I’m looking for a used 2008 Ford Taurus (unless a new 08 can get in vaguely the same price range with Ford’s $4000 current rebate – the dealers around here (St Louis) still have several 08’s on their lots).
Year: 2008
Make: Ford
Model: Taurus
Trim: Limited 2WD (FWD) w/Moonroof + Sync
Mileage: Approx 20000
Buying or Selling? Buying
From Private Party or From A Dealership? Dealership
Thanks for the help.
Mark
Queen of the Road: Hi Mark. Welcome to our blog.
For a 2008 Ford Taurus Sedan Limited with 20,000 miles, wholesale prices range from $16,700 (being in above average condition) to $15,500 (being in average condition) and $14,300 (being in below average condition).
A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $16,000 to $18,600. A private seller will usually aim to sell it for 5%-10%.
Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here’s a good article to read before continuing: Car Buying Tips From An Insider.
Good luck and keep us posted on how the purchase goes!

