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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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#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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#40 of 92
Re: 2007 Escape Lease [msully1090] by Car_man HOST
May 07, 2007 (2:09 am)
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Replying to: msully1090 (Apr 25, 2007 5:42 pm)

Hi Msully. $500 over dealer invoice is a very good price for a Ford Escape, as long as it is before the deduction of any available cash incentives. Assuming that the dealer that you got your Escape from used Ford Credit's 39 month base lease rate of 1.25% to calculate your monthly payment, it probably did because Ford dealers rarely seem to mark lease rates up, you got a very good deal. Enjoy your new truck!
 
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#41 of 92
Re: Ford Escape: Lease Questions [Car_man] by ron1958
May 07, 2007 (3:01 pm)
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Replying to: Car_man (May 07, 2007 2:03 am)

5 weeks later, the 2008 Escape I ordered came in - we closed the deal at $292 per month, with taxes and aquisition fee down (12k per year, 39 months) This is for a 4cyl XLT FWD w/ Sun and Satellite and convenience package. I had an X plan PIN, total sale price was about $50 below invoice, not including $545 rebate. Nice looking vehicle for the price, we are very happy with it so far.
#42 of 92
Ford Escape: LEASE by shouchien
May 08, 2007 (6:33 pm)
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Hi CarMan
I am very interested in leasing an escape, and have contact several dealers in my area. I got a quote of 07 XLT Sport (MSRP: $27055) for 39 mo 12K miles. They asked for $425 a month. and I have been told the residual is 46% with 1.75% rate, and the monthly payment is set by ford that they can not change it. I know they try to rip me off. What is the current rate/residual for a ford escape? thanks. 36 mo with 12K miles per year. Could you provide for both 07 XLT and XLT Sport?
#43 of 92
Re: Ford Escape: LEASE [shouchien] by elms3
May 09, 2007 (6:15 pm)
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Replying to: shouchien (May 08, 2007 6:33 pm)

hi, i just leased an escape, 2008 6v, xlt cloth, sun&satellite, cargo pkg, convenience pkg for 36 mo no money down $320/mo including tax. Worked really hard to get price:) residual was 53% and 1.75 rate.
#44 of 92
2008 Escape Lease by nkco
May 16, 2007 (4:31 pm)
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Hi Car_Man,
I'm looking to lease a 2008 Escape Hybrid 4WD for 36 month and 12000 miles a year in Denver, CO. I'm ok with a base model, but I would like the sun roof and upgraded stereo. I know there is bonus back right now ($545?) and also I'm a grad student so I should get another $500 bonus back. What kind of residual and money factor (or rate) can I expect from Ford right now? I want to make sure I know how much they're trying to rip me off when I go in to look. Thanks for your help!
#45 of 92
Re: Ford Escape: Lease Questions [ron1958] by Car_man HOST
Jun 07, 2007 (2:42 am)
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Replying to: ron1958 (May 07, 2007 3:01 pm)

It sounds like you got a great deal, ron1958. Enjoy your new truck .
 
Car_man
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#46 of 92
Re: Ford Escape: LEASE [shouchien] by Car_man HOST
Jun 07, 2007 (2:50 am)
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Replying to: shouchien (May 08, 2007 6:33 pm)

Hi shouchien. What you were told about this truck's lease payment being set by Ford is not true. Its lease program is set by Ford, but not its selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. It is important that you negotiate as low a selling price as possible on the Escape that you want before having the dealer calculate its lease payment.
 
I believe that Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Escape XLT 4WD with 12,000 miles per year are 1.25% and 46%, respectively.
 
Car_man
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