Last post on May 15, 2013 at 10:37 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Ford Escape, Car Leasing, SUV
#168 of 213 Leasing newbie Ford Escape
Nov 15, 2012 (12:16 am)
I'm about to lease my first car and am trying to tell if I am being offered a fair deal. Would anyone be able to tell me what the residual value and lease rate would be for a 2013 Ford Escape SEL with 300a package, AWD, 1.6 L engine, sunroof ( MSRP 31,840) for a 39 m lease, 15,000 miles. I am in the Connecticut area and have excellent credit. Any help or advice would be greatly appreciated.
#169 of 213 Re: 2013 Ford Escape SEL [alighter]
Nov 15, 2012 (11:10 am)
Because of your trade, no one would be able to comment on whether it is a good deal or not. For example, if you are trading in a clunker and the dealer is giving you $2K for it, then your $275 payment is probably a great deal, but if you were trading in a 2012 Mercedes and getting $2K, the dealer could lease you the Escape for a penny a month and still make a big profit on the deal. I'm sure you're not trading in a Mercedes but you get the point.
#170 of 213 Lease rate and residual Please !!
Nov 15, 2012 (11:56 am)
Looking at leasing a 2013 Escape SEL 302a,1.6L AWD panorama roof..$500 over Invoice of 30700 ..MSRP 33075. In NJ 08721
#171 of 213 Re: Lease rate and residual Please !! [jdukie1]
Nov 15, 2012 (12:02 pm)
BTW 15000 miles
#172 of 213 Re: 2013 Ford Escape SEL [gee22]
Nov 20, 2012 (4:30 pm)
I received $2.1k over the edmunds trade in value on my trade. This also ended up being 2k over my residual value since the vehicle lease was almost over.
#173 of 213 Re: Leasing Vs Buying [Car_man]
Nov 20, 2012 (6:41 pm)
my accountant advise: if you drive a lot..buy! if cruising city driving with occasional hwy...lease. Keep an eye on your mileage.
Ford is out to make money, after sales, they dont give a hoot about you. Check the LemonAid guide.
#174 of 213 Lease Rate and Residual
Nov 22, 2012 (6:56 am)
Looking at leasing the 2013 Escape Titanium 4WD loaded with tech, parking, leather seats, towing package. 36 month, 12000 miles. I'm in the midwest (52241). How much room is there for negotiation at the dealer with these numbers? I've never leased before and I'm just curious how the haggling process goes compared to buying. Thanks!
#175 of 213 they claim poor mouth
Nov 22, 2012 (2:21 pm)
but they buy on quantity. try it.
google ...leasing vs buying.
I do a lot of miles, leasing is no good for me
#176 of 213 Experts, Is this a good deal?
Dec 18, 2012 (10:31 am)
I am trying to figure out if this is a good deal in Metro Detroit area?
2013 Ford Escape SE 2.0L FWD
(201 Cargo management Package: 440
Ruby Red additional Charge: 395
2.0l Engine charge: 1095
Power Panorama Roof: 1395
18" Aluminium Wheels: 595)
Destination Charge: 825
Total MSRP: 29815
I do not know the residual value & money factor used and he quoted me the following:
24 month, 15K miles
500 due at signing and monthly would be $350/month OTD (including everything)
I could only qualify for x-plan and there $1000 customer cash offer from Ford and not sure what else he was able to do it.
How I can reverse calculate the selling price from the payment as I have never leased before.
#177 of 213 Re: Experts, Is this a good deal? [asagem]
Dec 18, 2012 (5:29 pm)
Just ask what the residual is. Good place to start to figure out the numbers.
Clicked on the Escape ad on this page found this info.
"Lessee has option to purchase vehicle at lease end at price negotiated with dealer at signing."
I think it can kind of complicate things.
There is a general leasing forum here somewhere.