- #24 of 91
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Re: Leasing an 06 Escape XLT [mkjr16]
by Car_man HOST
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Jul 03, 2006 (1:38 am)
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Replying to: mkjr16 (Jun 08, 2006 3:15 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 91
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Re: Leasing Vs Buying [inquisitive5]
by Car_man HOST
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Jul 03, 2006 (1:44 am)
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Replying to: inquisitive5 (Jun 24, 2006 6:51 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 91
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Re: Ford Escape: Lease Questions [Car_man]
by wildfire13
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Jul 20, 2006 (10:52 pm)
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Replying to: Car_man (Aug 31, 2005 2:54 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 91
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Re: Ford Escape: Lease Questions [wildfire13]
by Car_man HOST
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Aug 24, 2006 (1:26 am)
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Replying to: wildfire13 (Jul 20, 2006 10:52 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 91
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Re: Ford Escape: Lease Questions [Car_man]
by wildfire13
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Aug 26, 2006 (12:33 pm)
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Replying to: Car_man (Aug 24, 2006 1:26 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 91
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Servicing a leased car
by homermedic
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Sep 08, 2006 (6:18 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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- #30 of 91
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Re: Servicing a leased car [homermedic]
by Car_man HOST
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Sep 20, 2006 (2:37 am)
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Replying to: homermedic (Sep 08, 2006 6:18 pm)
Hi homermedic. One of the great things about leasing is that you don't have to spend a whole lot of money on maintenance. Just get your truck's oil changed every several thousand miles and possibly the tires rotated every once in a while and you'll be fine. Performing any other maintenance on your truck would be a waste. You don't even have to go to a Ford dealer to get your oil changed, you can do it yourself or go to a Jiffy Lube type place. If you don't go to a dealer, it would be a good idea to save your receipt though. You really don't have to get your tires rotated either, but if you don't your tires might wear unevenly and it is possible that you would have to pay a penalty for excess wear and tear or buy new ones at lease-end.
Car_man
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- #31 of 91
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In negotiations
by sparty3
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Oct 03, 2006 (7:57 am)
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Looking at 36 month lease (12k miles) on a 2007 Escape XLT 4WD with moonroof and cargo pkg. Invoices for $24,670.
What kind of incentives are available? What is the going money factor or interest rate as well as residual value?
I qualify for X plan. All dealers quote me a price slightly higher then invoice though. What's the true X plan price compared to MSRP or invoice?
Current ads in my area are for $249/month lease, but I assume this is A plan. Is it realistic to assume I can negotiate a lease for under $270/month?
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- #32 of 91
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Dealing with salespersons
by sparty3
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Oct 04, 2006 (3:52 pm)
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Can someone please tell me if Ford Credit sets the residual values and acquisition fees. And if so, are these negotiable? when leasing a car?
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- #33 of 91
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Re: In negotiations [sparty3]
by Car_man HOST
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Oct 11, 2006 (2:22 am)
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Replying to: sparty3 (Oct 03, 2006 7:57 am)
Hi sparty3. Ford's cash incentives and lease program for the 2007 Escape vary by region. I would be happy to tell you what they currently are for your area if you tell me what state you are in.
Car_man
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