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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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#60 of 92
Re: New Lease [wildd] by kyfdx HOST
Oct 06, 2007 (10:03 am)
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Replying to: wildd (Oct 06, 2007 7:33 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 92
Escape by gowick
Oct 26, 2007 (5:45 am)
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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 92
Re: Escape [gowick] by Car_man HOST
Nov 07, 2007 (3:55 am)
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Replying to: gowick (Oct 26, 2007 5:45 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 92
Re: Escape [Car_man] by apprehensive
Nov 28, 2007 (9:54 am)
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Replying to: Car_man (Nov 07, 2007 3:55 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
#64 of 92
Re: Escape [apprehensive] by Car_man HOST
Dec 27, 2007 (2:20 am)
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Replying to: apprehensive (Nov 28, 2007 9:54 am)

Hi apprehensive. I would be happy to work up a lease payment on the Escape that you are interested in for you. However, in order for me to do so I need you to provide me with its full MSRP in addition to the selling price that you have already mentioned.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#65 of 92
Re: Leasing Ford Escape Hybrid 4WD [catlover15] by dianna6
Apr 08, 2008 (5:50 am)
Reply

Replying to: catlover15 (May 01, 2006 5:36 pm)

Hi,
I live in St. Louis and bought a 2008. Escape Hybrid a few months ago. I thought I was ready to scale down from an Expedition, but I've been frustrated, at times, when I can't carpool a load of kids or fill the cargo area with the extreme amount of equipment needed for my last 2 kids' softball tournaments. I feel like I made an error in downsizing too soon. It's with much regret that I'm thinking about selling this beautiful vehicle and buy something with 3 rows and more cargo room. My Escape is 2 wheel, loaded all the way, Leather, Nav, Satellite Radio, Heated seats, Sunroof, you name it. The color is black slate metallic - not really black, sometimes hints of the darkest blue, other times the darkest of green, I guess depending on the type of sunlight or lack of, but very cool, everybody comments about it. I know your posting is old, but I highly recommend this vehicle. I also live in the St. Louis area and the 2008 Escape Hybrid was hard to find. They had to ship it from out of town. Love the vehicle, 33mpg, Nice ride.
#66 of 92
$229 a month? by haftown
Apr 09, 2008 (9:21 pm)
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$229 a month lease for 12,000 miles a year, 36 months, no money down for a basic XLS.
 
Is this decent lease pricing or should I be able to get it down farther. It is some kind of sign and drive/red carpet event. I am new to leases. I appreciate the help!
 
Thanks
#67 of 92
Re: $229 a month? [haftown] by Car_man HOST
May 08, 2008 (1:22 am)
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Replying to: haftown (Apr 09, 2008 9:21 pm)

Greetings haftown. Since you are new to leasing, it would be in your best interest to understand exactly how it works before you visit any dealers so you do not get taken advantage of. Make sure to check out the following informative articles that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the best way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible and then have the dealer calculate your monthly payment using its base lease rate. Ford Credit's current base lease rate on the 2008 Edge is 3.25%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#68 of 92
Current 2008 Lease Rates and Residuals by jcbusby
Sep 29, 2008 (5:07 pm)
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Can anyone tell me the current lease rates and residuals for both the 2008 Escape XLT 4WD V6 and the 2008 Escape XLT Limited V6. I feel I am currently being jerked around my the dealership I am working with.
 
Thanks!
#69 of 92
Re: Current 2008 Lease Rates and Residuals [jcbusby] by brinks2
Sep 30, 2008 (7:53 pm)
Reply

Replying to: jcbusby (Sep 29, 2008 5:07 pm)

I was told the 24m lease had 54% residual and 1% rate.
For the 36m lease the residual dropped to 48% and rate up to 4.25%.
 
Auto co's have gotten killed on leases in the last 2 years so residuals
are plunging and most co's very hesitant to price aggresively beyond
24 months. Not the best time to lease. I think the better deal is to get a
big discount off msrp and then also try to get a low rate and finance over
5 years.

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