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Ford Escape Lease Questions

92 messages,  Last post on Nov 27, 2009 at 5:40 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Ford Escape, Car Leasing, SUV


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#30 of 92
Re: Servicing a leased car [homermedic] by Car_man HOST
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.
 
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#31 of 92
In negotiations by sparty3
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?
#32 of 92
Dealing with salespersons by sparty3
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?
#33 of 92
Re: In negotiations [sparty3] by Car_man HOST
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.
 
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#34 of 92
Re: Dealing with salespersons [sparty3] by Car_man HOST
Oct 11, 2006 (2:24 am)
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Replying to: sparty3 (Oct 04, 2006 3:52 pm)

Hi again sparty3. Vehicles' residual values are set by banks and individual dealers do not have the authority to alter them. Acquisition fees on leases are set by banks too, but dealers sometimes have the ability to mark them up to add additional back-end profit to deals. The last time that I checked, Ford Credit's base lease acquisition fee was $595.
 
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#35 of 92
Re: Ford Escape: Lease Questions [Car_man] by ron1958
Apr 10, 2007 (8:49 am)
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Replying to: Car_man (Aug 31, 2005 2:54 am)

Car Man
 
I ordered a 2008 Ford Escape XLT 4cyl FWD from dealer, since they had none in stock. He quoted me xplan price at time of order, but could not give me a lease payment. Can you tell me what the current money factor and residual should be on this vehicle? Also, what are the other customary fees that I will be expected to pay at signing?
 
I did not sign anything to order this vehicle, all I did was leave a refundable $300 deposit, so I can walk after the vehicle arrives if the deal is not good.
 
Thanks.
#36 of 92
Re: Ford Escape: Lease Questions [ron1958] by Car_man HOST
Apr 16, 2007 (1:47 am)
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Replying to: ron1958 (Apr 10, 2007 8:49 am)

I'd be happy to help you out, ron1958. This truck's lease program varies by term and mileage allowance. For now I am going to assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Ford Escape XLT 2WD with 15,000 miles per year are 1.75% and 51%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. One can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
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#37 of 92
Re: Ford Escape: Lease Questions [Car_man] by ron1958
Apr 19, 2007 (7:35 am)
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Replying to: Car_man (Apr 16, 2007 1:47 am)

Car Man
 
Thanks for the reply. The Escape I'm interested in is a 2008, not 2007. Do you have those figures? Also, looking at 12k per year 36mo lease.
 
Thanks!
 
-Ron
#38 of 92
2007 Escape Lease by msully1090
Apr 25, 2007 (5:42 pm)
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">Just leased an 07 Escape XLT, Leather seats, sun/sound, roof rack in the central vermont area. Not your average lease mileage though. I did a 19.5K/39 month, $700 is what I put down, and the Wear/Tear program for $500 (normally $650) Tax, Title, Reg built in to the lease as well. monthly comes out to $412. Incentives applied were $2500 and they make the first payment. To me this seems to be a fair price considering it was agreed upon at $300 over Invoice. Realizing that this is already a done deal, was this a good deal?
Thanks
Msully
#39 of 92
Re: Ford Escape: Lease Questions [ron1958] by Car_man HOST
May 07, 2007 (2:03 am)
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Replying to: ron1958 (Apr 19, 2007 7:35 am)

No problem, Ron. The 2007 that I posted was actually a typo, sorry about that. Those are the numbers for the 2008 Escape. I'm just so used to typing '07 .
 
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