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Prices Paid: Buying & Leasing Experiences Ford Expedition Prices Paid and Buying Experience
371 messages, Last post on Aug 31, 2009 at 10:51 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: bb3451 (Oct 11, 2007 3:42 am)
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Replying to: jimk6615 (Oct 11, 2007 5:28 am)
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Replying to: bb3451 (Oct 12, 2007 5:00 pm) Good luck. Jim K P.S. Don't forget about factory incentives as well. |
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Well, I've been active on the Camry Hybrid forum for over a year but I'm a newbie here. Just took delivery of an 08 EB Expo. I needed something to haul my John Deere, jet skis and at times my kids and grandkids. Tried the Surburban, acceptable but expensive, the Tahoe just was not comfortable or roomy enough. I'm dreading the 14mpg, but will live with it knowing up this front before buying. I finialy decided to lease for two years and with a 52% residual, I can buy this in two years and have less money in it than had I bought it outright now. The money factor on the lease is outstanding so I'm in effect getting the first 48% of the depreciation financed at 0.5%. Additionally I get the XPlan pricing and the $1500 in current rebates as a capital cost reduction. This way I have the option to walk away if gas is $5/gallon or I have electrical gremlins or something else that makes me regret this decision. This was the best of both options (assuming I can live with it for at least two years. |
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does anyone know the going lease price for a2007expedition el limited loaded with 3500 dollars upfront to pay for tax title tag ect
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Replying to: kevinulms (Nov 05, 2007 6:01 pm) My 08 had a 0.5% interest rate, 2 year lease, 52% residual (3% lower due to a 19,500 mile per year milage). The price included WV property tax, sales tax added monthly and gap insurance. I ran the numbers every way I could and it was considerably cheaper for me to lease this for 2 years even with the intention of buying it at the end of the lease than it was to simply buy it up front. I'm new to leasing but getting the first 48% depreciation financed at 0.5% really makes the difference. I believe the interest rate used on the 07 was 9%. I priced a 07Surburban (salesman demo) lease and it was sky high, even after they discounted it $11,000 (53000 MSRP to 42,000 sale price). Worked so well we also leased an 08F150 for my daughter and son-in-law. They did the 3 year lease and plan to buy later. I liked this because if gas does indeed hit $5 I'll walk away from this and won't be $8000 upside down as I would have been in a traditional loan.
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Replying to: wvgasguy (Nov 06, 2007 7:24 am)
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Replying to: kevinulms (Nov 06, 2007 3:45 pm) What really was great about the deal was I got $1000 more than I thought I would on the vehicle I had planned on trading. They bought my 4Runner at almost the "private party value" rather then trade in value. |
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Replying to: mrconklin (May 17, 2007 12:30 am) I also live in NVA, can you tell me what dealer to check with? I'm looking for an 08 Exped. I've never leased before but it seems like it's worth doing. Thanks |
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Replying to: mrconklin (May 17, 2007 12:30 am) Could you include the deatails on your lease. IE: What interest rate did you get and what was your final "base" payment. |
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