I hope she can afford the gas for it.
Tell her to be gentle on the brakes too George. Explorers are noted for having to have the brakes replaced frequently. Earlier Explorers (1997, etc.) were really deficient in that area. Ford could have improved things on the new ones though.
They're high maintenance vechicles and the cost of ownership over five years is staggering. So she has to take that into account. You bought it but I'm guessing she will maintain it, right?
Depreciation on Ford Explorers is mind numbing too. To give you an example of depreciation, a fella and his family were selling their house and were moving out of state and they were trying to sell their 1997 Ford Explorer for $6,500. The house sold and they had to be out of it within 2 months time and listed the Explorer for sale in the interim. The Explorer was a top of the line, i.e., leather seats, moon roof, CD Player with JBL [may have been Infinity] Sound System, "new" tires, etc., etc., etc. >> The guy never had a bite! Not one call or interested party!!
He ended up "giving" it away if you can believe that! He gave it too a non-profit organization and used it as a tax write off...
PS: I'm sure if he could have stuck around with more time to sell it he probably would have got his asking price of $6,500. But the SUV only had 60 some thousand miles on it, with new tires and the top of the line model when it was new, and he didn't get one bite??? At $6,500?!?!?!?!
It is a shame to say the least.
Oh well, I hope your daughter fares much better George when she goes to sell it.
Best regards,
Mike