How Much Should I Pay: 2007 Lincoln MKX Prices
Question From Bill: New or Used? Used
Buy or Sell? Current lease; considering buying or selling/trading for new
Year? 2007
Make? LINCOLN
Model? MKX
Trim? ALL UPGRADES EXCEPT SUN ROOF
2 or 4 Wheel Drive? AWD
Automatic or Manual? AUTOMATIC
Your Question? How do I determine if I should keep the vehicle (it’s in excellent shape) or trade in for newer or alternative one. The residual value is around $18. 41k miles.
Queen of the Road: Hi Bill. Welcome to AutoBragBlog, the car price authority! It’s really up to you if you want to keep it. I don’t know the condition of the car. It’s a personal preference. I listed the discount % for the 2010s.
2007 Lincoln MKX AWD V6 Crossover prices with 41,000 miles, wholesale prices range from $23,500 (being in above average condition) to $21,300 (being in average condition) and $19,200 (being in below average condition).
A fair range for a dealership sell a 2007 Lincoln MKX AWD V6 Crossover for +12%-14% more than wholesale, so their estimated retail prices could range from $24,200 to $28,800. A private seller will usually aim to sell it for 5%-10%.
According to AutoBrag’s statistics for the 2010 MKX,
The National Average discount off MSRP: 16.96%
The National Maximum discount off MSRP: 18.36%
How To Calculate The % Off MSRP: MSRP – Selling Price = X / MSRP = Y
Selling Price = The price the dealership is willing to sell the new car for. Excluding tax, registration and dealer fees
X = the dollar amount saved off MSRP
Y = the % off MSRP (Move the decimal point over two digits to the right and that’s the percentage you’re saving.)
Finance Specials: 0.00% up to 36 Months. Promotional APR is combinable with the $1,000 Promotional Retail Bonus Cash. Vehicle must be financed through the manufacturer’s captive finance company. Offer Expires: 3/31/2010
0.90% up to 48 Months. Promotional APR is combinable with the $1,000 Promotional Retail Bonus Cash. Vehicle must be financed through the manufacturer’s captive finance company. Offer Expires: 3/31/2010
1.90% up to 60 Months. Promotional APR is combinable with the $1,000 Promotional Retail Bonus Cash. Vehicle must be financed through the manufacturer’s captive finance company. Offer Expires: 3/31/2010
3.90% up to 72 Months. Promotional APR is combinable with the $1,000 Promotional Retail Bonus Cash. Vehicle must be financed through the manufacturer’s captive finance company. Offer Expires: 3/31/2010
Consumer Cash Incentives: A Cash Back Rebate of $500 is being offered to the new car Consumer upon purchase. $500 Customer Bonus Cash available to members of the American Quarter Horse Association. Must be a member for at least 60 days prior to the purchase of an eligible vehicle to qualify for this offer. See dealer for complete details. Offer Expires: 1/3/2011
A Cash Back Rebate of $500 is being offered to the new car Consumer upon purchase. $500 College Bonus Cash is available to all full-time and part-time college students, recent college graduates, trade school graduates, or current graduate school students. Please see your dealer for details and additional requirements. Offer Expires: 1/3/2011
A Cash Back Rebate of $500 is being offered to the new car Consumer upon purchase. $500 Military Appreciation Bonus Cash is available to active military personnel in the Army, Navy, Air Force, Marines, Coast Guard, National Guard, members of the Delayed Entry Deployment Program, and Veterans/Retirees within 180 days of separation or retirement, who are residents of the United States. Offer may be used towards purchase or lease contracts. Please see your dealer for details. Offer Expires: 1/3/2011
A Cash Back Rebate of $500 is being offered to the new car Consumer upon purchase. $500 Police Association Bonus Cash is available to members of the IUPA and/or NAPO towards the purchase or lease of a new 2010 Lincoln model. Proof of membership is required and must be a member for at least 60 days to qualify. See your local dealer for complete details. Offer Expires: 3/31/2010
A Cash Back Rebate of $1,000 is being offered to the new car Consumer upon purchase. $1,000 Promotional Bonus Cash is available towards the purchase of select, new 2010 Lincoln models. This offer may be combined with other cash programs and Promotional APR, but cannot be combined with Special APR financing. Please see your dealer for complete details. Offer Expires: 3/31/2010
Before you begin calling or visiting every dealership, I highly recommend you start a virtual negotiation with your surrounding dealers through Braggle on www.AutoBrag.com. You basically place anonymous offers to all dealerships within a 25 to 200 mile radius within your zip code. Dealerships get to compete for your business without gaining your contact information. This method is the easiest procedure and it’s free of charge. There is no obligation to buy if a dealer accepts your bid.
For car negotiation tips consider reading: Car Buying Tips From An Insider. Let our car pricing experts know if you have any further car questions.
Good luck!!
