Ford Edge is a midsize crossover SUV manufactured by Ford Motor Company. The production for this car model started in the year 2006 and the model came to the market in 2007.
In this feature, we will compare the insurance averages and median prices of this model across various states of the United States and try to find the best deal for the interested customers. Please note that the used cars belong to the year range of 2005-2012.
The table below helps us compare the three states with the lowest insurance average.
| State | Insurance average ($) | Median Price ($) | Insurance percentage |
|---|---|---|---|
| Maine | 805 | 19,500 | 4% |
| Iowa | 880 | 21,202 | 4% |
| North Carolina | 913 | 21,900 | 4% |
Looking at the above figures it is certain that buying Ford Edge from the state of Maine will be the best option since it has the lowest insurance average overall and the lowest median price among the above three states.
Let us now compare the three states with the lowest median price.
| State | Insurance average ($) | Median price ($) | Insurance percentage |
|---|---|---|---|
| Colorado | 1,083 | 19,000 | 5% |
| Maine | 805 | 19,500 | 4% |
| Utah | 1,214 | 19,972 | 6% |
Even after analyzing the above figures, Maine is the best option for buying this car model, with the second lowest median price and lowest insurance average overall.
Looking at the highest insurance average, Louisiana tops the chart ($ 2218) followed by Michigan ($ 2186). The median prices in Louisiana and Michigan are $ 21994 and $ 19995, respectively. Both the median prices are close to the low median price but in spite of this buying the cars from these two states would not benefit the customers due to the high insurance average.
The lowest insurance percentage has been recorded at Vermont (3%) where the median price is on the higher side ($ 26965).
Alaska, the largest U.S. state in terms of area has the highest median price of $ 27998 followed by Wyoming, the second densely populated state ($ 27180). According to available data, Alaska has only one Ford Edge and Wyoming, four. This could have contributed to increasing the median price of the car in these states.
