Tuesday, August 26, 2008

HOA from hell - The Lincoln Mark LT vs. the Ford F150

A HOA (home owners association) in Texas recently told one of its residents that he wasn't allowed to park his new Ford F-150 pickup truck in his driveway. Apparently, the HOA doesn't allow pickup trucks to be parked in owners' driveways. However, Escalades, Ridgelines and even Hummers have been exceptions to the rule. When the owner asked why a Lincoln Mark LT was allowed under the HOA rules and his Ford F150 was not, this was the response from the HOA:

"It's our belief that Lincoln markets to a different class of people."

This story has been well documented AutoBlog.

I wanted to quickly compare the actual sales prices for the Lincoln Mark LT and the Ford F150. While we don't have a huge amount of data for the Lincoln Mark LT, a 2007 model with 11K miles sold for about $34K. The average actual selling price for a Ford F150 was about $22.5K.
I guess $11K and a Lincoln badge are all you need to live like 'the other half'...

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