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F150 2016 Platinum "used"

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Old 01-31-2017, 08:53 AM
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Default F150 2016 Platinum "used"

I found a Platinum on a dealers lot with over 7000 miles on it, they had it for almost 6 months. So apparently the dealer has been using it as a demo/personal vehicle. I am thinking that I can get a pretty good deal on it if they really want to sell it after all this time. sticker has 63K, asking 54K, my offer would be around $50. Does that seem reasonable? Personally to me it is a used vehicle, titled or not. It is fully loaded with the tech package etc.

Thoughts???
Old 01-31-2017, 08:59 AM
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Around where I live, "DEMO" is code for a vehicle that had some problem either at delivery or pre-delivery that had to be fixed. I would want to know what that was before even considering it for purchase.
Old 01-31-2017, 09:01 AM
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Originally Posted by Undercover Brother
Around where I live, "DEMO" is code for a vehicle that had some problem either at delivery or pre-delivery that had to be fixed. I would want to know what that was before even considering it for purchase.
well that is my thought, that it was a "demo", however I don't know for sure. My issue is why have they not sold it in over 250 days????
Old 01-31-2017, 09:04 AM
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one more point...it is the 5L V8, not sure if that has anything to do with it or not
Old 01-31-2017, 09:12 AM
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Originally Posted by graym
well that is my thought, that it was a "demo", however I don't know for sure. My issue is why have they not sold it in over 250 days????
Quite honestly, their discount off sticker is not all that great for a year model left over. I got more than that off my recent purchase and it was an XL with less profit margin. I think your $50K offer is fair.
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Old 01-31-2017, 12:34 PM
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heard back from the dealer, they want to sell it to me as NEW?!?!?!? Really you put over 8K miles on it and the owner of the dealership is even reluctant to sell it? I offered 50K all in...tax title and fees. we'll see where this goes!!

Am I wrong to think that this is used, just because it was not titled to a consumer?
Old 01-31-2017, 01:20 PM
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Regarding it being new or used I think that may vary by state. We looked at a demo vehicle a yeah or so ago and it was titled as used, but we didn't even consider it because they wouldn't take much off the price.

My parents had great luck on a Demo Ford 500 back in 2005, however they got a hell of a deal on it.
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Old 01-31-2017, 02:12 PM
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Originally Posted by graym
heard back from the dealer, they want to sell it to me as NEW?!?!?!? Really you put over 8K miles on it and the owner of the dealership is even reluctant to sell it? I offered 50K all in...tax title and fees. we'll see where this goes!!

Am I wrong to think that this is used, just because it was not titled to a consumer?

As mentioned before, depending on state, if it has never been titled, it can be sold as "new" regardless of mileage.

The plus side is but I would double check on this, is that your warranty starts from the actual mileage at the in-service date. So basically you would have that 8K miles added on the backside to the standard 3/36K and 5/60K warranty.

At the end of the day, if it does not feel right, walk from it. Plenty of other deals to be had at other places.
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Old 01-31-2017, 02:19 PM
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I have a 2016 Platinum that I've had since early Aug and it now has about 7,500 miles on it (picked up with just over 300 miles). I paid $57,200 out the door.

Edit: my sticker was $64,170

Just data for you to compare. I don't think I'd pay $54,000.

Let us know how it turns out.
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Old 01-31-2017, 02:30 PM
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Originally Posted by Zeke_in_SC
I have a 2016 Platinum that I've had since early Aug and it now has about 7,500 miles on it (picked up with just over 300 miles). I paid $57,200 out the door.

Edit: my sticker was $64,170

Just data for you to compare. I don't think I'd pay $54,000.

Let us know how it turns out.
I found one that is pretty comparable to your sticker price, used with 13K on it. Dealer is asking $54....that is crazy. I used the cargurus pricing site and they show that is should be in the range of 48-50K. I would have to travel to them as they are not local and I will not have a trade to deal with....kinda a cash customer have my own financing already done.

thoughts??



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