What is the MSRP on a 2004 Murcury Mountaineer AWD loaded. It is in excellent shape and has 114,000 miles.
kbb.com look it up, then go to autotrader and see what Mountaineers like yours are selling for in your area and compare that to the used car values on KBB.
To begin with, that is a vehicle with HIGH MILEAGE!!! A Major decuction in value! Also, SUV's are DINOSAURS and folks are getting rid of them right and left. Take a look at the car lot and look at what's piling up there. Go to NADA.com and do a price search. It will ask for all specifics and gve you the retail value and loan value of the vehicle. You should pay as close to the loan value as you can for the vehicle. However, a price in the middle of the two is considered a good buy. BUT!!! I'd consider looking at a new or slightly used SUV instead of that high mileage Mountaineer. It is a BUYERS MARKET! The end of the year is approaching, leased vehicles are being returned, SUV are stockpiling on the lots and they ARE NOT MOVING! GM and FORD are having difficulties moving those vehicles; they are offering HUGE rebates and GREAT interest rates! Consider passing on the Mountaineer unless they are willing to come waaaaay down on the asking price. You can totally get a far, far better deal currently.
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