- #24 of 120
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Re: 2007 Expedition lease [Car_man]
by car_help_pls
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Sep 20, 2006 (7:16 am)
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Replying to: Car_man (Sep 20, 2006 2:40 am)
I am in Arizona......I wasn't aware that they had different lease programs in different states. Does that effect the money factor?
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- #25 of 120
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Re: 2007 Expedition Leases [ckidder]
by Car_man HOST
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Oct 11, 2006 (2:32 am)
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Replying to: ckidder (Sep 20, 2006 5:06 am)
Here's the information that you are looking for, ckidder. Ford Credit's current base lease rate and residual value for a 24 month lease of a 2007 Expedition Limited 2WD with 10,500 miles (this is the lowest allowance that Ford Credit publishes residual values for) per year in your area should be 1.0% and 59%, respectively. The numbers for an otherwise identical 36 month lease should be 2.25% and 51%. This truck's lease rates should be the same for the other trim levels that you mentioned, but its residual values may be different.
Car_man
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- #26 of 120
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Re: 2007 Expedition lease [car_help_pls]
by Car_man HOST
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Oct 11, 2006 (2:34 am)
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Replying to: car_help_pls (Sep 20, 2006 7:16 am)
Hi car_help_pls. Yes, the lease rates of vehicles that are leased through Ford Credit often vary by region. I have not seen its specific lease program for Arizona, but I suspect that it is similar to, if not exactly the same as the program that I described in my previous post.
Car_man
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- #27 of 120
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2006 expedition
by macdad
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Oct 17, 2006 (4:51 pm)
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Is it still possible to lease a 2006 Eddie Bauer Expedition. With the huge gap between MSRP and negotiated purchase price, it would seem a good monthly would be possible. What is the current residual/money factor(or interest rate) for 24 mo / 12k miles or 36 mo / 12k miles on an '06. I used your Edmunds forum to lease a 5 series BMW and it worked perfectly but it looks looks like Ford uses an interest rate instead of a money factor. Would I plug in their interest rate in place of the money factor to do my calculations. I live in Florida.
Thank you,
Macdad
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- #28 of 120
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Re: 2006 expedition [macdad]
by Car_man HOST
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Nov 01, 2006 (3:03 am)
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Replying to: macdad (Oct 17, 2006 4:51 pm)
Hi Macdad. Unfortunately, the answer to your question is no. Ford Credit is no longer leasing 2006 models. You might still be able to lease a 2006 Expedition through an independent bank, but if you really want to lease you probably would be better off just leasing a 2007 model.
Car_man
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- #29 of 120
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Nov rates
by chow3
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Nov 03, 2006 (5:16 pm)
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Car Man- The wife's Honda Minivan lease is up at the end of the year She is interested in a 7-8 passenger SUV. What do the lease terms look like on the expedition for November? I am in South Florida if that matters
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- #30 of 120
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NY lease residuals
by nyinsuranceguy
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Nov 04, 2006 (10:09 am)
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Car man,
Thanks for providing such excellent information for us consumers. I'm looking for the November lease rates and residual values on the 07 expedition eddie bauer on a 36 or 39 month lease program in New York. Thanks!
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- #31 of 120
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Re: Nov rates [chow3]
by Car_man HOST
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Nov 05, 2006 (4:33 am)
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Replying to: chow3 (Nov 03, 2006 5:16 pm)
Hi chow3. You never mentioned how long you want to lease this truck for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. You never mentioned the exact model Expedition that you want either, so I will also have to make an assumption about this too. Let's say that you want a 2WD XLT model. 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 Expedition XLT 2WD with 15,000 miles per year in your area are 2.25% and 47%, respectively.
Car_man
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- #32 of 120
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Re: NY lease residuals [nyinsuranceguy]
by Car_man HOST
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Nov 05, 2006 (4:42 am)
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Replying to: nyinsuranceguy (Nov 04, 2006 10:09 am)
You're very welcome, nyinsuranceguy. Ford's New York area lease program for this truck is a little better than its Southeastern area program that I just mentioned. Ford's current base lease rate and residual value for a 36 month lease of a 2007 Expedition Eddie Bauer 4WD with 15,000 miles per year are 1.5% and 49%, respectively. This truck's 39 month numbers are 1.75% and 47%. In the New York area, Ford is providing $1,000 lease cash on the '07 Expedition. Make sure to take this cash into account when negotiating the capitalized cost for your lease.
Car_man
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- #33 of 120
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Re: NY lease residuals [Car_man]
by nyinsuranceguy
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Nov 06, 2006 (3:04 pm)
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Replying to: Car_man (Nov 05, 2006 4:42 am)
Thanks Car man. Refresh my memory- to calculate the monthly money factor, I use the cap cost + the residual value, and then I divide the 1.50% rate by 24, correct?
(cap cost + residual factor) x (rate/24)
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