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Ford Escape Lease Questions

219 messages,  Last post on May 22, 2013 at 3:10 PM

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

    

Messages Page 7 of 23

#54 of 219 Re: For Escape residual values? [rs1807] by Car_man HOST

Jul 18, 2007 (2:59 am)

Replying to: rs1807 (Jun 09, 2007 2:28 pm)
Hi rs1807. Ford Credit's 36 month, 15,000 mile per year residual value for the 2008 Escape XLT 4WD is 52%. This compares to 43% for an otherwise identical lease of a 2007 model, which is a solid 9% improvement...but not quite the 11% that you mentioned. The Edge's residuals vary by trim level though so the spread might be different for other versions of this truck.
 
Car_man
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Prices Paid Forum

#55 of 219 Re: 2008 Escape Lease Questions [rwbuck] by Car_man HOST

Jul 18, 2007 (3:02 am)

Replying to: rwbuck (Jun 13, 2007 8:58 am)
Greetings rwbuck. You never mentioned the selling price or MSRP of the Edge that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
 
For now I can tell you that manufacturers' advertised lease payments usually leave a little meat on the bone so to speak. I would not be surprised if you were able to negotiate a more attractive selling price on the Edge that you are interested in than the one that was used to arrive at the advertised payment. If you are able to do this, the monthly payment would drop a little.
 
Car_man
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Prices Paid Forum

#56 of 219 Re: 2007 Escape XLS or XLT [bnix82] by Car_man HOST

Jul 18, 2007 (3:07 am)

Replying to: bnix82 (Jul 02, 2007 9:52 pm)
Hi bnix82. Unfortunately, as of July 10th Ford is no longer providing lease support on the 2007 Escape. If you really want to lease an Escape, you will probably have to go with a 2008 model. You can always finance the Escape that you are interested in at 0% for 5 years if you are set on going with an '07 model.
 
Car_man
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Prices Paid Forum

#57 of 219 Re: Pricing info [tjaisv] by Car_man HOST

Jul 18, 2007 (3:13 am)

Replying to: tjaisv (Jul 07, 2007 10:54 am)
Here's the information that you're looking for, tjaisv. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Escape XLS 2WD with 15,000 miles per year are 1.75% and 46%, respectively. I don't believe that Ford is providing any cash incentives on leases of this truck right now. If you were to lease one, at signing you would have to pay your first month's payment, Ford Credit's $595 acquisition fee, a security deposit equivalent to your monthly payment rounded up to the nearest $25 increment, and any required state taxes or fees.
 
As far as how to negotiate with dealers goes, I personally don't think that it matters if you do so via e-mail, the phone, or in person. Dealers always prefer that consumers physically visit them because they feel as though they have a much better chance of sealing the deal with a person who is actually in the showroom. Regardless of which method you choose, negotiate as low a selling price as possible and then have the dealer calculate your monthly payment using the aforementioned lease rate.
 
Car_man
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Prices Paid Forum

#58 of 219 Want to lease a '08 XLT AWD by afwife93

Sep 21, 2007 (1:09 pm)

Hi Car man,
 
I noticed the last post on this topic dates back a few months. I am in the market for the above car and I'm wondering about the lease rate (money factor) and the residual value on this SUV for 24 & 36 months. Please shed some light so I can be enlightened when I head to the dealer. Thanks.

#59 of 219 New Lease by wildd

Oct 06, 2007 (8:33 am)

Replying to: Car_man (May 22, 2006 3:18 am)
Hi, Car_man!
 
I am new to leasing program. So I have few questions.
 
1). Can I lease a car in one state NY and transfer it over to California?
 
2). As soon as I get a car, I would need to drive to California, If I am going to lease can dealers add extra let's say 3000 miles to the yearly mileage. Can they do that?
 
3). Do you think it's better to lease in the state where I am moving to or it doesn't really matter?
 
Thank you so much....
- D.

#60 of 219 Re: New Lease [wildd] by kyfdx HOST

Oct 06, 2007 (11:03 am)

Replying to: wildd (Oct 06, 2007 8:33 am)
In NY, you pay tax upfront... In California, you pay on the monthly payment..
 
If you buy in NY, then immediately move to California, you will effectively be paying the sales tax twice. In this example, you definitely want to wait to lease a car in the state you are moving to.
 
regards,
kyfdx

#61 of 219 Escape by gowick

Oct 26, 2007 (6:45 am)

Hey all....
 
Can you help me with lease rates and residuals, and perhaps leasing cash, on 2008 Escape.
 
Looking at 36-39 months I would guess and 12,000 per year.

#62 of 219 Re: Escape [gowick] by Car_man HOST

Nov 07, 2007 (4:55 am)

Replying to: gowick (Oct 26, 2007 6:45 am)
Hey gowick. Here's the information that you're looking for. This truck's lease program varies by trim level. For now I will assume that you are interested in an '08 Escape XLT 4WD. 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 2008 Ford Escape XLT 4WD with 12,000 miles per year are 3.50% and 54%, respectively. The numbers for an otherwise identical 39 month lease are 3.75% and 52%. When negotiating your lease on this truck, make sure to take advantage of the $1,000 bonus cash that Ford is currently providing on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#63 of 219 Re: Escape [Car_man] by apprehensive

Nov 28, 2007 (10:54 am)

Replying to: Car_man (Nov 07, 2007 4:55 am)
Follow up, I too am interested in a 36 mo lease 12k/yr miles. My employer has an arrangement with Ford- some kinda no haggle best price and still eligible for all incentives offered by Ford. Long story short I went through the company linked website and got $16,500 after all rebates, cash incentives etc... on the totally stripped 2008 2WD/ MT model. Was wondering if you could tell me what I'd look at for payments (no tax in NH). Don't want to put much if anything down.
 
Thanks

Messages Page 7 of 23

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