Ford Makes the Case for their 2018 Expedition

Discussion in 'In the News' started by xcel, Aug 25, 2017.

  1. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    [​IMG] One gas spike away from being burned.

    Wayne Gerdes – CleanMPG – Aug. 24, 2017

    2018 Ford Expedition

    [​IMG]
    If there were ever a reason for Fords upcoming 3.0L V6 Turbo Diesel, this is it!​

    According to Ford, Millennials – America’s largest demographic, are beginning to buy the SUV, just a bit later in life than their baby boomer parents once did.

    For many years, student debt, a tough job market and tight lending standards were the bane of this generation’s existence. But life is improving on those fronts, and kids are entering the picture. Along with growing families comes the need for more space and better schools, most often found in suburban areas. More living space coincides with the need for more vehicle space, so larger SUVs are now toting kids and friends to soccer practice and dance recital according to a study funded by Ford. The compact/mid-size CUV is where the action is at. The Full size are still to this day very thirsty.

    Dr. Svenja Gudell, Chief Economist at Zillow:
    Almost half of millennial homeowners live in the suburbs, compared to 33 percent who bought in an urban area, said Gudell.

    A Ford-commissioned survey finds millennials having kids, buying homes in the suburbs and a vehicle that can accommodate family and belongings rank high on their wish lists. They even outrank some stereotypical life milestones, like living in an apartment or condo in a major city and relying on forms of transportation other than a personal vehicle. Survey results show younger millennials have an even greater appetite for family, home and a larger vehicle than leading-edge millennials, many of whom have already achieved these milestones.

    There’s one age group that currently favors medium and large SUVs over small ones – those ages 35 to 44, which includes the oldest millennials and youngest Gen Xers. Coincidentally, the birth rate among women ages 35 to 44 is growing fastest among all age groups. As millennials – a group that outnumbers Gen X by approximately 15 million – age, this likely means a wave of new parents and continued growth for medium and large SUVs.

    Ford U.S. sales analyst Erich Merkle:
    This year alone, total industry sales of midsize and large SUVs grew 9 and 11 percent respectively in the first half, versus 4 percent growth for small SUVs.

    Ford expects all SUV sales to grow from 40 percent to more than 45 percent of the total U.S. new vehicle market within the next five to seven years. In a potential market of 17 million sales, that could mean an additional 850,000 SUVs sold each year.

    Just in time for this projected surge in buyers is Ford’s all-new 2018 Expedition. The full-size, aluminum-bodied SUV grows in size and spaciousness while shaving hundreds of pounds off its curb weight – enabling 50 new features and innovations including a highly adaptable, super-high-tech interior and more efficient 10-speed AT.

    The upcoming Ford Expedition will be available at dealerships this fall.

    If only those considering such a purchase remember the fuel price spikes after Katrina or July of 2008 just weeks before the bottom fell out of the U.S. Economy… Disastrous resale is just a $1.00+ price spike away.
     
    BillLin likes this.
  2. thunderstruck

    thunderstruck Super Moderator

    A diesel would be a good option for it. I like the trailer in the picture more than the Expedition. Interesting that it offers a 10 speed transmission. Haven't given up on getting a performance car, but wondering why VW is still firmly sticking with only 6 speed transmissions.
     
    TheFordFamily, BillLin and xcel like this.
  3. PaleMelanesian

    PaleMelanesian Beat the System Staff Member

    They sell that with the 3.5 ecoboost engine, right? Sounds like a decent setup for a family and some towing capability. Minivans are slightly better at the family part, but come up short for towing.

    Oh. I looked it up. 15/20 mpg. Ouch. How does the same-engine F150 get 18/25 then? Or the V8 suburban get 16/23?
     
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  4. BillLin

    BillLin MASS: 2012 PiP, 2014 C-MAX Energi, 2017 Prime

    I'm not sure I trust the marketing analysis of the various generations of car buyers, but hey, more power to them if they can sell them. The class of vehicles including the Expedition and Suburban are very nice. What's not to like? I'd love to have one in my driveway if I didn't have concerns about our planet. If no one else buys them, the black suits will. :D

    Good question!
     
    xcel likes this.
  5. Trollbait

    Trollbait Well-Known Member

    Just saw an article today that the home sales to younger people have been grown.
     
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  6. BillLin

    BillLin MASS: 2012 PiP, 2014 C-MAX Energi, 2017 Prime

    Hard to turn down a 3-4% mortgage with no money down...
     
    xcel likes this.
  7. ALS

    ALS Super Moderator Staff Member

    Hi Wayne,

    Saw an article on Friday night talking about a .20 to .30 spike due to Harvey.

    There seems to be four or five major refineries that are located in the area of destruction.

    They may be down for a while depending on the damage that may have occurred.

    Even if there isn't structural damage to the plants you still have a major flooding issue to deal with.

    Al
     
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  8. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Millennials are on the move and spend more to travel and socialize in summer.


    Maven surveyed more than 2,000 millennials ages 18-35 and profiled their social calendars, spending habits and summer adventures. During summer 2017 (June 21-Sept. 23), millennials on average will attend 37 events and spend an incredible $1,300 on socializing. They also said they are much more likely to attend social events in the summer compared with the winter.

    This generation also has unmet travel needs. More than one in three wish they had access to an SUV/crossover, and nearly two-thirds of those surveyed would travel 100 miles or more for an event. In fact, 30 percent of millennials’ social events take place outside of the town or city where they live.

    Enter Maven, the personal mobility app offering hourly and daily vehicle rentals in 14 North American cities. Maven is helping with all that summer socializing by providing free gas and including 180 free miles per day in every reservation.

    MILLENNIAL SUMMER SPENDING AVERAGES
    • More than half noted that nice weather makes them more likely to attend or travel to a social event, followed closely by low gas prices, someone else driving, light traffic and access to a vehicle.
    • 37 percent wish they had access to a vehicle with better gas mileage.
    • $851 spent per summer per person on travel costs alone (not including work-related travel)
    • They spend 4 hours and 47 minutes per week traveling for non-work reasons and 62 hours traveling for social events each summer.
    • 62 percent are more spontaneous during the summer.
    • 63 percent are more likely to cancel social plans in colder months.
    Wayne
     
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