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Is buying a used Ford Explorer worth it?

Is buying a used Ford Explorer worth it?

A used Ford Explorer is definitely worth the money and represents a much better value purchase than a brand new one. A new Explorer can get seriously expensive when you get to the higher trim levels and the lower-spec models are the best value.

When should I sell my car or repair it?

When repair costs start to exceed the vehicle’s value or one year’s worth of monthly payments on a replacement, it’s time to break up with your car, according to automotive site Edmunds and Consumer Reports, the product review site. Manelis also suggests thinking about your current car after repairs.

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How long will a 2001 Ford Explorer last?

According to Motor and Wheels, “A Ford Explorer can last up to 10-17 years with regular maintenance. An average Ford Explorer can easily achieve 80,000 to 200,000 miles.

What is the book value of a 2001 Ford Explorer?

2001 Ford Explorer Value – $507-$3,727 | Edmunds.

What’s the best year to buy a used Ford Explorer?

The two best years for the Ford Explorer are 2010 and 2011. The 2010 Ford Explorer is a little older but has a very reliable engine. 2011 is much the same but has more modern features that many people find useful. Both older and more recent models have several noteworthy issues.

Are older Ford Explorers reliable?

Ford Explorers are pretty reliable SUVs and they have been around for over 20 years now, but like any vehicle there are some known problems with them. Some of the older Explorers have been known to have transmission problems that can cost well over $2,000 to fix.

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Should I sell my car after fixing it?

Generally, you can expect to make back close to what you put into the repairs – provided you sell the car soon after the repairs are done. This isn’t a guarantee, but putting work into a used car usually pays off when it comes time for resale.

What year is the most reliable Ford Explorer?

How many miles to the gallon does a Ford Explorer 2001?

Up to 16 city / 22 highway2001 Ford Explorer / MPG

What engine is in a 2001 Ford Explorer?

4.0 L V6
5.0 L V8
2001 Ford Explorer/Engine