132 messages,
Last post on Apr 21, 2013 at 3:29 PM
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Ford Expedition, Car Leasing, SUV
#27 of 132 2006 expedition
by macdad
Oct 17, 2006 (5:51 pm)
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
#28 of 132 Re: 2006 expedition [macdad]
by Car_man HOST
Nov 01, 2006 (4:03 am)
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 132 Nov rates
by chow3
Nov 03, 2006 (6:16 pm)
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
Nov 04, 2006 (11:09 am)
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!
#31 of 132 Re: Nov rates [chow3]
by Car_man HOST
Nov 05, 2006 (5:33 am)
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 132 Re: NY lease residuals [nyinsuranceguy]
by Car_man HOST
Nov 05, 2006 (5:42 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 132 Re: NY lease residuals [Car_man]
by nyinsuranceguy
Nov 06, 2006 (4:04 pm)
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)
#34 of 132 Possibly considering the Expedition
by sasuke
Nov 09, 2006 (6:19 pm)
I havent gone to a ford dealership yet, but I might consider the expedition considering the price of the 06' pathfinder jumped up on leasing.
I'm interested in the expedition Limited AWD...can anyone give a ballpark price on it for a 39 month, 15k miles.
#35 of 132 Looking for 2007 Expedition XLT Lease in Dallas/FW, Texsa
by
Nov 18, 2006 (5:28 pm)
My lease is expiring on 12/26. I'm most likely stuck with another Expedition because we need the space for 2 labs and 2 retrievers. This will be my 5th Expedition. Today, I was told that Ford basically isn't dealing or offering anything yet for 2007 leases -- well, $500 for "customer loyality." I want the XLT version, with 6 CD player, keyless entry, folding third seat, 18" wheels, convenience package, XLT Comfort Group, Cloth seats, alarm system, etc. Probably only 24-26,000 miles will be put on the vehicle during the 36 month term limit. What should I expect to pay? How can I figure the costs? Thanks for any information.
#36 of 132 Which one makes sense
by ccap
Nov 30, 2006 (7:34 pm)
Question... Would it be better to take the value of my trade $8,500, I own it 100%, and put it down on the car and purchase it, which would make the payments 650 for 5 years. I would have to pay sales tax and excise as it comes due. I would have to come up with $2k for sales tax and misc fees.
Or do I lease the vehicle for $632 month which includes sales and excise for 3 years. 2k for 1st, security dep and bank fees and the net of the 8,500 would come to me in a check from the dealer which would be 6300 which could go back in the bank.
What would you do? How best to analize this? I made a deal and need help asap!!!