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How much should you pay for a used 2020 Ford Edge?

in Car Costs
White Ford Edge on a street

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The 2020 Ford Edge is a very capable midsize SUV with two quality engine options, great standard features, and premium options available. Despite its large size for a five seat SUV, the standard 4-cylinder engine gets surprisingly good fuel mileage, and the optional V6 engine provides impressively sporty performance.

And this doesn’t have to come at a massive expense, as you can save a lot of money buying a nearly new pre-owned 2020 Ford Edge. CoPilot can help you find the right one for you at the right price.

How Much Does the Average Used 2020 Ford Edge Cost                          

Certified Pre-Owned: $29,571

Savings vs. New: $12,482

As part of Ford’s certified pre-owned program, the average 2020 Ford Edge costs $29,571, which is about 30% less than buying one new.

Non-Certified Pre-owned: $29,481

Savings vs. New: $12,572

The average non-CPO 2020 Ford Edge has a similar price to the average certified pre-owned one, listing at $29,481, also 30% below MSRP.


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What’s the Average Mileage for Used 2020 Ford Edges?

Average Certified Pre-Owned Mileage: 18,105

Average Uncertified Mileage: 25,877

What factors affect used prices the most?

Certified/Non-certified status

Ford’s certified pre-owned program includes a 172-point inspection and entitles them to a 12-year/12,000-mile comprehensive warranty, 7-year/100,000-mile powertrain warranty, including rental car reimbursement, trip-interruption services, and 247 roadside assistance. Currently, the average certified pre-owned Ford Edge only costs $90 more than the average non-CPO model.

Trim levels & features

The 2020 Ford Edge comes in four trims: SE, SEL, Titanium, and ST.

2020 Ford Edge SE

The SE trim features an 8-inch touchscreen infotainment center, complete with Apple CarPlay and Android Auto, rearview camera, blindspot monitoring, rear cross-traffic alert, lane keeping assist, forward collision warning, automatic braking, and a WiFi hotspot. The average list price for the base model is $25,049.


THE BEST USED LUXURY CARS ON THE MARKET

Buying a used or CPO luxury car is one of the smartest buys you can make - you can get a lot of car for not much money. You can pick up a three-year-old luxury car for about half of what you’d pay new. Check out this list of the best used luxury cars on the market to find the best deals. 


2020 Ford Edge SEL

The SEL trim adds simulated leather seating, a leather-wrapped steering wheel, power-adjustable heated seats, roof rails, and an improved sound system. This trim costs $29,525 on average.

2020 Ford Edge Titanium

The Titanium trim upgrades the seats to genuine leather and front sport seats, and adds parking sensors, a hands free liftgate, heated steering wheel, ambient lighting, and a premium 12-speaker Bang and Olufsen audio system. The average price for this trim is $30,792.

2020 Ford Edge ST

The Ford Edge saves its sportiest version for the highest trim. The ST has a turbocharged V6 engine with 335 horsepower, an eight speed transmission, a sport-tuned suspension, sportier interior design, and 20-inch wheels. The average price of this top trim is $38,541.


THE BEST USED SUVS UNDER $10,000

We looked into price, reliability, features, and more to create this list of the best used SUVs under $10k on the market today. Take a look - some of the best used SUVs have gone mostly overlooked or forgotten. 


Mileage

The average 2020 Ford Edge has been driven 25,877 miles, and costs $12,572 less than the new price. This means that you should be saving about $4,858 for every 10,000 miles on the odometer. For certified pre-owned Edges, with an average mileage of 18,105 miles and an average savings of $12,482, you can expect to save $6,894 for every 10,000 miles it has been driven.

The Easiest Way to Find Reliable 2020 Edges in Your Area

Want to see the math behind which year model of Ford Edge you should buy? Check out CoPilot Compare, the search engine for nearly-new cars. We’ll break down your savings for each used year model of Ford Edge and search all the dealerships in your area for the best deals.

The best part? CoPilot is built using the same software that dealerships use, so you’ll get access to data you can’t get elsewhere, like how long a car has been on the lot or if there are better-priced alternatives nearby.

Also, CoPilot doesn’t work with dealerships, so there are no ‘promoted’ or ‘sponsored’ listings - just the best cars in your area. Learn more about how CoPilot works on our About Us page.