It was about 20 years before the Ford Edge appeared at Ford dealers nationwide. At that time, it seemed like a very nice crossover. At this time, the automaker was still an all-lines manufacturer. In 2006, the automaker made the marketing decision to sell primarily SUVs, crossovers, and pickups.
Consumer Reports Favorite
And now comes the news that Consumer Reports, according to the Ford Authority, a key independent voice of information, that the Edge, long a favorite of the consumer organization, has named the Edge one of the automaker’s best models. Indeed, CR has named the Edge “one of the best” crossovers for less than $40,000. Indeed, the consumer group has named the Edge one of the “best American vehicles on sale today.”
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The Edge is still produced at Ford’s Oakville Assembly Plant in Canada. Its production run is slated to end at the end of March. The Ford Authority (FA) advised those who want a nice crossover to buy one now “before it sails off into the proverbial sunset.”
More importantly, customers have another reason to purchase one “as the Edge has been recognized as one of the best mid-size SUVs for the money based on new data from iSeeCars.” The Edge thus “joins the Ford Escape, which has cut the overall best new vehicle category.”
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According to the research done by iSeeCars, the Edge has been ranked as the “fifth best new mid-size SUV/crossover on the market out of 14 models that made this particular list.”
Deep Dive Into Vehicle Values
In its deep dive to see vehicle values, iSeeCars looked at the prices of “over 8.3 million new cars sold in September – December 2023.” iSeeCars also looked at the odometer readings of over 181 million used cars from its Longest Lasting Cars Study to determine the rankings for the best new cars for the money.”
As for the statistics on the Edge, the crossover “had an average MSRP of $43,571 throughout the study. It also had an “average lifespan of 195,147 miles.”
This mileage means the crossover presented “owners with a price of $2,233 per 10,000 miles.”
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In comparison, this market segment had an average MSRP of $54.290 and an average lifespan of 178,695, making for an effective cost of $3,021 per 10k miles,” noted FA.
Expert Makes Observations
Karl Brauer, executive analyst of iSeeCars, noted that new car “prices keep climbing, which makes finding the highest value models more important than ever for buyers. By identifying cars that combine the lowest purchase price with the longest lifespan, we’re helping consumers who want to maximize their car-buying budget.”
Marc Stern has been an automotive writer since 1971. His automotive articles have appeared in venues including Popular Mechanics, Mechanix Illustrated, AutoWeek, SuperStock, Trailer Life, Old Cars Weekly, Special Interest Autos, and others. You can follow Marc on Twitter or Facebook.