- #102 of 120
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Re: Can I negotiate further on this Eddie Bauer Deal? [davidr719]
by wvgasguy
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Dec 11, 2007 (1:45 pm)
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Replying to: davidr719 (Dec 10, 2007 4:13 pm)
If you got it at invoice I;m not sure I'd haggle the dealer too much for anymore anyway. However, as I said I got mine at x-plan less $1500 rebates as my capital costs
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- #103 of 120
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Money Factor, Residual - Leasing Eddie B Expedition
by freddy533
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Dec 15, 2007 (8:17 pm)
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Hi -
i'm ready to lease a 2008 Eddie Bauer Expedition.
Any idea what Ford Credit's current money factor is?
How about the residual on the 2008? (x% of MSRP).
assume 36 month lease.
With options, the vehicle I'm looking at is about a $44000 (including destination).
I'm just checking edmunds now, but invoice looks to be $39500.
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- #104 of 120
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Re: Money Factor, Residual - Leasing Eddie B Expedition [freddy533]
by wvgasguy
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Dec 17, 2007 (5:59 am)
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Replying to: freddy533 (Dec 15, 2007 8:17 pm)
That's about the same vehicle I got ($43,800) a month ago, and the interest rate used for the money factor was 0.5% then. However I got a 24 month lease and the residual was 52% due to selecting the 19,500 mile per year option (which was a 3% difference than the 15,000 mile option). It was a lot cheaper to lease for 2 years and then buy than it was to just buy now at current interest rates. I liked the idea of being able to walk away in 2 years if they offer a diesel option or if gas prices are $5, or simply buying it at 52% of MSRP if I still want it.
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- #105 of 120
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Re: RCL Residuals - 08 Expy [rob052067]
by Car_man HOST
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Dec 27, 2007 (2:21 am)
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Replying to: rob052067 (Nov 16, 2007 2:37 pm)
You're very welcome, rob052067. Make sure to stop back and let us all know how everything turns out.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #106 of 120
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Re: Hoss5 [hoss5]
by Car_man HOST
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Dec 27, 2007 (2:24 am)
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Replying to: hoss5 (Nov 21, 2007 7:23 pm)
Hi hoss5. It sounds like you have never leased before. If so, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. These articles will fill you in on the basics. Let me know if you have any specific questions about leasing an Expedition that weren't covered in these articles.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #107 of 120
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Re: Can I negotiate further on this Eddie Bauer Deal? [davidr719]
by Car_man HOST
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Dec 27, 2007 (2:31 am)
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Replying to: davidr719 (Dec 09, 2007 4:12 pm)
Hello davidr719. You absolutely should be able to negotiate a discount on top of the cash incentives that Ford is providing on the Expedition that you are interested in. The exact dealer discount that you are able to negotiate will vary by trim level, but I suspect that the truck that you want probably has another $2,000 or so to play with in its price. If I was in the market for this truck, I personally would shoot for $500 over dealer invoice minus the cash incentives from Ford.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #108 of 120
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Re: Money Factor, Residual - Leasing Eddie B Expedition [freddy533]
by Car_man HOST
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Dec 27, 2007 (2:39 am)
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Replying to: freddy533 (Dec 15, 2007 8:17 pm)
Greetings freddy533. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Expedition Eddie Bauer 4WD with 15,000 miles per year are 2.75% and 49%, respectively. As you can see, Ford Credit publishes lease rates instead of month factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
When negotiating your lease on this truck, make sure to take advantage of the $500 lease cash and $1,000 bonus cash ($1,500 total) that are currently available on it. This cash will help you to negotiate an attractive capitalized cost.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #109 of 120
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Current Money factor, residual and incentives on 2008 Expedition EL?
by warbern
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Feb 18, 2008 (10:39 pm)
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I am looking to lease a 2008 Expedition EL and wanted to know the current money factor, residual, and dealer incentives for 24 and 36 month leases. Any info would be greatly appreciated. Thanks!
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- #110 of 120
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Re: Current Money factor, residual and incentives on 2008 Expedition EL? [w
by Car_man HOST
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Feb 21, 2008 (2:25 am)
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Replying to: warbern (Feb 18, 2008 10:39 pm)
You've come to the right place, warbern. I's be happy to help you out. You never mentioned the exact trim level of the truck that you are interested in, so for now I will assume that you want an '08 Expedition XLT EL 4WD. Let me know if you want something different. Ford Credit's current base lease rate and residual value for a 24 month lease of a 2008 Ford Expedition XLT EL 4WD with 15,000 miles per year are 0.75% and 54%, respectively. The numbers for an otherwise identical 36 month lease are 3.0% and 48%. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. When negotiating your lease on this truck, make sure to take the $2,000 lease cash that Ford is currently providing on it into account.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #111 of 120
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Re: Current Money factor, residual and incentives on 2008 Expedition EL? [w [Car_man]
by warbern
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Feb 22, 2008 (9:52 am)
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Replying to: Car_man (Feb 21, 2008 2:25 am)
Thanks so much for the info. I really appreciate it! I was actually looking at the Limited. Other than pricing, does that affect the lease numbers at all? Thanks again!!! Oops, almost forgot... what are the residuals for 10.5k and 12k miles a year? Thanks!!!
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