2008 Limited - keep / get new one?

[Drth Vdr]

Hi all. I love my expy, and love this forum. Thought I would post a question here and get some input, if anyone is so inclined.

I have a 2008 Expedition Limited, all black and loaded up with everything except the HD towing and air-ride suspension. I love the truck, and would probably get another (maybe EL) as its replacement. I am trying to figure out if it's time to sell from a money and reliability perspective.

I figure i could sell at the following points, and at these supposed values (according to kbb, using 2008, 2006 and 2004 expedition values):

5 year old truck, 56,000 miles - worth about $25k (about 7k less than I paid 3 years ago)
7 year old truck, 75k - 80k miles - worth about $15k
9 year old truck, 100k miles give/take - worth about $10k

That's about as long as I'm willing to take it, since it is the primary vehicle for my wife and kids, and I want them in a reliable vehicle (this is weird to say, since I grew up driving a bunch of 100k+ mile cars lol). Other than tires, fluids and brakes (which I know are coming up) are there any other maintenance items I should be figuring into the equation?

If I sold, I'd probably get a 2010 or 2011 Expedition, maybe an EL (or Navigator or Nav L, for that matter), ideally certified and ideally in the 20k-30k mileage range.

 

[06KR]

Without debating financials which is not my business. By a mileage perspective, if your current limited only has 56k on it I would keep it. My F150 has 120k and runs strong my expedition has 75k. Just my .02

 

[sgtowing]

I would keep it. There is still plenty of life left in it.

Sent from my Galaxy SIII Using Tapatalk2

 

[mtondreo]

I am with everyone else - I would keep it. Between 2008 and present, there have not been any significant changes. If anything, I would keep it another year or two knowing that the new engines will be coming out soon in the Expy. at that point you could decide if you want a new one with the new power, or should be able to catch a deal on a holdover. I will say that I do not keep my vehicles for more than 70-80k miles though. But there are some significant changes expected. If it does what you need and is still reliable - I would keep. I know a lot of guys on these forums keep there vehicles much longer than 70-80k, that is just not me. It is not for fear of reliability - but more the financial portion that you somewhat broke down in your post. While I am well aware that keeping a vehicle much longer probably makes much more financial sense - vehicles, regulations and safety standards continually evolve. I would hold on another year or two.

 

[jglopic]

I agree to keep it. We have driven our previous ones close to 100K with little to nothing more than normal maintenance (tires, shocks, batteries, oil changes). The only exception to this may be our current one because I wrecked it and it hasn't ever driven the same since.

 

[dariod]

I put 300-400K on Expedition before it is gone. I got 2011 with 100K miles now

 

[rwmorrisonjr]

I put 300-400K on Expedition before it is gone. I got 2011 with 100K miles now

So I guess I need to get over my fear of racking up miles from my daily commute on my 2012!

 

[dariod]

So I guess I need to get over my fear of racking up miles from my daily commute on my 2012!

I traded in 2007 Lincoln Navigator "L" with 310K miles in 2011 for this Expedition EL. Hoping Expedition last me three more years and 200K miles more.

 

[GaryH2]

I agree to keep it. We have driven our previous ones close to 100K with little to nothing more than normal maintenance (tires, shocks, batteries, oil changes).

Same here. I have about 130k on my 07 EL and other than routine maintenance its been the best. I'm hoping for 200k!

 

[Drth Vdr]

Wow - thanks for the replies. I was just starting to get concerned by a few little issues I've been having pop up (bubbling on rear door - now fixed by a repaint, lousy window motors and squeaks, weird transmission sound when I need to brake suddenly...) and figuring it might be time to get a new one while there's still some value in this one... but sounds like they're solid vehicles for the long-haul.

 

[CJ0920]

I traded in 2007 Lincoln Navigator "L" with 310K miles in 2011 for this Expedition EL. Hoping Expedition last me three more years and 200K miles more.

Damn, are you a taxi or something?

My 07 has 120k

 

[06KR]

Wow - thanks for the replies. I was just starting to get concerned by a few little issues I've been having pop up (bubbling on rear door - now fixed by a repaint, lousy window motors and squeaks, weird transmission sound when I need to brake suddenly...) and figuring it might be time to get a new one while there's still some value in this one... but sounds like they're solid vehicles for the long-haul.

Yes and no. My old 99 with 115k was mechanically a POS. Nothing but issues after I hit 100k with it. My only reasoning is the prev. Owner had towed a extremly large snowmobile trailer to the UP yearly. My earlier response was assuming you had bought new or fairly close to. With the issues you state I can understand your concern and probably would be asking the same question myself.

 

[dariod]

Damn, are you a taxi or something?

My 07 has 120k

Livery vehicles

 

[ViperXC]

97 Exp EB 185,000
99 Windstar 273,000
01 Windstar 102,000
Looking into buying a 08 Exp Limited 55,000

I stress less about rock chips and dings when there are miles on a vehicle. Or with my 99, the metal is just missing(rust). lol

 

[tojohnso]

My '99 Expedition 4x4 had about 160K to 165K miles when I decided to get the '11 EL I have now. The only real issues that got me were the coil overs and the fuel pump went out on me. I had it serviced at the dealer and followed all recommended maintenance programs. I towed a 24' RV and went 4x4 on the outer banks of NC. So I did put it through it's paces a bit.

Funny thing was I bought the truck with 65K miles on it and found my average monthly milage was around 800 miles/month. It was my daily driver and our trip vehicle too. Guess I'll have this one for a long time as it only has about 16,700 miles now!

So - my vote would be to keep it. Much cheaper financially to do so. As long as you don't have a lemon and take care of it.

 

[SethKnoxville]

I have also had this thought go through my mind. We have a 2007 EL Limited 2wd now with 105k on it and debate whether to keep it or get one newer.

We have done new tires, brakes, fuel pump, COP's, and right rear window motor in the last 7,000 miles and it seems to be ok, but always wonder if there are any known issues to keep an eye out for now that we have cracked the 100k mark on it.

 

[bigpapa33]

Hi all. I love my expy, and love this forum. Thought I would post a question here and get some input, if anyone is so inclined.

I have a 2008 Expedition Limited, all black and loaded up with everything except the HD towing and air-ride suspension. I love the truck, and would probably get another (maybe EL) as its replacement. I am trying to figure out if it's time to sell from a money and reliability perspective.

I figure i could sell at the following points, and at these supposed values (according to kbb, using 2008, 2006 and 2004 expedition values):

5 year old truck, 56,000 miles - worth about $25k (about 7k less than I paid 3 years ago)
7 year old truck, 75k - 80k miles - worth about $15k
9 year old truck, 100k miles give/take - worth about $10k

That's about as long as I'm willing to take it, since it is the primary vehicle for my wife and kids, and I want them in a reliable vehicle (this is weird to say, since I grew up driving a bunch of 100k+ mile cars lol). Other than tires, fluids and brakes (which I know are coming up) are there any other maintenance items I should be figuring into the equation?

If I sold, I'd probably get a 2010 or 2011 Expedition, maybe an EL (or Navigator or Nav L, for that matter), ideally certified and ideally in the 20k-30k mileage range.

Mine 08 has 320k and I love it