- #20 of 67
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Escape lease
by scott31
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May 24, 2006 (11:55 am)
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My apologies Car_man. I'm in VA
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- #21 of 67
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Re: Leasing an 06 Escape XLT [Car_man]
by mkjr16
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Jun 08, 2006 (4:15 pm)
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Replying to: Car_man (Jan 20, 2006 4:55 am)
Hi Car_man,
I live in Southern California (90266) and am interested in leasing a Ford Escape XLT 3.0. I was recently given the following quote from one of the local Ford dealerships...
- 36-month lease/12,000 miles per year
- $25,545 MSRP (includes a $1,500 Rebate)...no money down
- $352 monthly payment (includes taxes)
They're offering me a 1.5% APR and the only drive out fees are the first month's payment and a $210 DMV fee. Any idea if am getting a good deal? Is there any room for negotiation?
Thanks,
MK
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- #22 of 67
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Leasing Vs Buying
by inquisitive5
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Jun 24, 2006 (7:51 am)
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Hi Car Man
Can you explain the pro and cons with leasing and pros and cons with buying. Ford Escape or Jeep Cherokee 2006 in Las Vegas Nevada
Niecey
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- #23 of 67
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Re: Escape lease [scott31]
by Car_man HOST
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Jul 03, 2006 (2:35 am)
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Replying to: scott31 (May 24, 2006 11:55 am)
No need to apologize, scott31. Most community members never mention where they live. OK, if you were to lease a 2006 Ford Escape Limited FWD through Ford Credit for 36 months with 10,500 miles per year on or before July 5th, its base lease rate and residual value should be around 2.75% and 51%.
Car_man
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- #24 of 67
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Re: Leasing an 06 Escape XLT [mkjr16]
by Car_man HOST
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Jul 03, 2006 (2:38 am)
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Replying to: mkjr16 (Jun 08, 2006 4:15 pm)
Hey MK. The lease rate that you were quoted for the Escape that you are interested in is very attractive and it's right in line with what Ford Credit's base lease rate is for this model right now. This is a good thing. It would be easier for me to give you my opinion of this deal if you were able to provide me with this truck's selling price. This is a very very important number for consumers to know. Without it, you don't know how much of a discount you are getting on the vehicle that you want to lease. Let me know what this number is and I'll tell you what I think.
Car_man
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- #25 of 67
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Re: Leasing Vs Buying [inquisitive5]
by Car_man HOST
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Jul 03, 2006 (2:44 am)
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Replying to: inquisitive5 (Jun 24, 2006 7:51 am)
Hi Niecey. Both of the trucks that you are interested in, the Ford Escape and Jeep Grand Cherokee, typically have attractive lease programs available on them. If I personally was in the market for either one of them I probably would lease. Having said this, there's nothing wrong with financing them through their captive finance companies or through an independent bank. The advantage of leasing is that you get to drive both of these trucks without paying much at signing and with a low monthly payment. One of the major disadvantages of leasing is that you're pretty much stuck with your truck for several years, or however long your lease is on it. Sure, consumers can get out of leases early, but it is usually fairly expensive to do so. Not to mention the fact that you never really "own" a leased vehicle.
Car_man
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- #26 of 67
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Re: Ford Escape: Lease Questions [Car_man]
by wildfire13
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Jul 20, 2006 (11:52 pm)
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Replying to: Car_man (Aug 31, 2005 3:54 am)
I am looking to lease a loaded 2007 Escape Hybrid 2wd for 3 years, 12K per year in Chicago, IL. I was wondering if anyone knew what they are using for a residual value? The MSRP is 34,905 cost 32,145, not sure what my x-plan price is yet. Thanks
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- #27 of 67
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Re: Ford Escape: Lease Questions [wildfire13]
by Car_man HOST
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Aug 24, 2006 (2:26 am)
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Replying to: wildfire13 (Jul 20, 2006 11:52 pm)
Hi wildfire13. Ford Credit's current 24 month, 12,000 mile per year base lease rate and residual value for the 2007 Escape Hybrid 4WD are an unattractive 9.0% and 61%, respectively. The numbers for an otherwise identical 36 month lease are 9.0% and 52%.
Car_man
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- #28 of 67
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Re: Ford Escape: Lease Questions [Car_man]
by wildfire13
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Aug 26, 2006 (1:33 pm)
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Replying to: Car_man (Aug 24, 2006 2:26 am)
I e-mailed a Ford Dealer and they told me 3.25% and 49% residual. The interest rate is good but the residual stinks. I will wait for the Honda CRV Hybrid next Fall. At least that will be worth something down the road. Thanks.
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- #29 of 67
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Servicing a leased car
by homermedic
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Sep 08, 2006 (7:18 pm)
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Car bought in Toronto, Ont.
I own a 2006 Ford Escape, great vehicle btw, coming up to the 12 mth service. Question, do I have to get all the service 'suggested' at that interval? 
The want to charge me $400 for things that aren't going wrong. For instance, wheel alignment???
Do I have the right to say "no" and not be punished at warranty? 
I have no desire to keep the car after lease is over, but I would like to lease again at time's up? 
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