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I'm willing to bet it has to do with the fact that most 1995-1997 Windstars had
serious issues with 3.8 engine head gaskets, overdrive transmissions, steering
racks, and that has also lowered the perceived value of the 1998 models which
are similar in appearance. I don't see any reason for 1999 models to be that
cheap.
2000 model Windstars in Texas sell anywhere from $6000-$8000 for private parties
to $12,000 for a nice one at a Ford dealer. 2001's and 2002's are somewhat
higher. Best deal I've seen around here was a clean black and silver 2003 SE
Sport with 45K for $12,495. But most 2003 models are still selling closer to
$15,000. Used 2004 Freestars are still fetching $16,000-$18,000 or even more
for upgraded models.
I think people are still afraid of 3.8 head gaskets and the transmission issues.
It's more expensive to change and motor or transmission in a minivan because of
accessibility. So a 1998 Windstar is only worth $2500-$3500 in the eyes of a
consumer or dealer because that person sees a potential $2000 repair ahead. Or
worse, TWO $2000 repairs.
Alan Moore
Couriers On Demand
Dallas, TX
1991 Ford Aerostar XL extended van, blue/blue, 3.0L/A4LD, 156K
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