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Ford Expedition Lease Questions

120 messages,  Last post on Dec 02, 2008 at 6:03 AM

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

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#46 of 120 Lease questions for 2007 Expedition Ltd. by macltdk Jan 28, 2007 (11:31 am)
I'm in S.E. PA and yesterday was quoted invoice price of $44,651 ($48,890 MSRP) on a 4x4 Expedition Ltd. plus $1,000 cash back plus $6,000 trade on my van. Based on what I've read in your forum I'd like to keep down money to as little as possible. What factor/payment can I expect thru Ford for a 36 month lease w/15k miles? I don't mind putting the $1,000 cash back toward capitalized cost or first payment, but would prefer to keep the trade-in cash. Any thoughts? Thanks a lot. Replies to this message: Car_man (Feb 05, 2007 2:47 am)
#47 of 120 Re: 2007 Expedition Leases in Iowa [iaudi] by Car_man HOST Feb 05, 2007 (2:38 am)
Replying to: iaudi (Jan 17, 2007 6:19 am) Hi iaudi. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Ford Expedition Eddie Bauer 4WD leased in your area with 15,000 miles per year are 2.5% and 48%, respectively. 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 b dividing them by 2400.   I see that you are considering putting several thousand dollars down on the Expedition that you want to lease. I always advise consumers against making down payments on leased vehicles. I do so because if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment essentially disappears. There's nothing wrong with trading in your current vehicle when you lease your new one, just have the dealer that you're working with cut you a check for any equity that you have in it rather than using the proceeds as a down payment for your lease.   Car_man Host Prices Paid Forum
#48 of 120 Re: Lease questions for 2007 Expedition Ltd. [macltdk] by Car_man HOST Feb 05, 2007 (2:47 am)
Replying to: macltdk (Jan 28, 2007 11:31 am) Hi macltdk. Dealer invoice minus the $1,000 lease cash that is available in your area is a great price for lease of a 2007 Ford Expedition right now. I believe that Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Ford Expedition Limited 4WD with 15,000 miles per year are currently 2.5% and 47%, respectively in your area. Using these numbers, an MSRP of $48,890, and a selling price of $43,651 (dealer invoice minus the $1,000 lease cash), I estimate that this truck's zero down, pre-tax monthly payment should be around $644.   You have the right idea about your trade. You are better off having the dealer cut you a check for it than using the proceeds as a down payment on your lease.   Car_man Host Prices Paid Forum
#49 of 120 nj area by chucky380 Feb 06, 2007 (12:46 pm)
X plan less a grand, lease rate 1% and 47% for rv with 15,000 miles. quoted $620 for lease.. does this look reasonable Replies to this message: Car_man (Feb 27, 2007 4:01 am) chucky380 (Mar 05, 2007 12:04 pm) hardhawk (Mar 13, 2007 10:20 am)
#50 of 120 2007 Ford Expedition 4x2 Limited EL Lease Port St Lucie, FL by cromano Feb 09, 2007 (3:49 pm)
Hi, I'm currently in the market to release again. I was quoted 2500.00 down, $635 monthly, 15K miles, 39 months from one Ford dealer, for the same exact vehicle another ford dealer offered 4700 down, $697 monthly same mileage and term. Possible to get it lower than the 635.00?? Neither dealer has offered any rebates, yet this would be our 4th lease with Ford. Any advice?? I think i'm being hagggled by these salesmen. Please help. Replies to this message: Car_man (Feb 27, 2007 4:14 am)
#51 of 120 Re: nj area [chucky380] by Car_man HOST Feb 27, 2007 (4:01 am)
Replying to: chucky380 (Feb 06, 2007 12:46 pm) Hi chucky380. You're getting the Expedition that you're interested in for a great price, Ford's always attractive X-Plan price minus the $1,000 lease cash that is currently available on it. The 1% lease rate that you were quoted for this truck is right in line with Ford Credit's current program for it in your area. If you like the truck, I personally don't see any reason not to pull the trigger on this deal.   Car_man Host Prices Paid Forum Replies to this message: chucky380 (Mar 05, 2007 12:04 pm) hardhawk (Mar 13, 2007 10:20 am)
#52 of 120 Re: 2007 Ford Expedition 4x2 Limited EL Lease Port St Lucie, FL [cromano] by Car_man HOST Feb 27, 2007 (4:14 am)
Replying to: cromano (Feb 09, 2007 3:49 pm) Hi cromano. You never mentioned the selling price or MSRP of the Expedition 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.   Car_man Host Prices Paid Forum
#53 of 120 07 Expedition EL EB 2w Lease, Rock Hill SC by gkirk007 Mar 01, 2007 (9:45 pm)
CarMan, I live in SC (10 miles from NC), and am looking to lease a 07 Expedition EL Eddie Bauer 2wd, 36mon 12k miles yr. MSRP was $46405, but they are quoting me $98 over invoice ($42682.84) total $42780.84. 3.75%, w factor of .50, payment $663.79. with $1689.79 upfront. How do I determine if this is a good deal? I have copy of invoice that shows hold back of $1370, A&Z Plan $, D Plan $ and X Plan amount. What does all this mean? They didn't mention any incentives. Are they keeping any cash backs deals and not letting me in on it? Replies to this message: Car_man (May 07, 2007 2:13 am)
#54 of 120 Re: nj area [Car_man] by chucky380 Mar 05, 2007 (12:04 pm)
Replying to: Car_man (Feb 27, 2007 4:01 am) thanks.. have u ever heard of there being a tax on rebates? Replies to this message: hardhawk (Mar 13, 2007 10:20 am)
#55 of 120 Re: nj area [chucky380] by hardhawk Mar 13, 2007 (10:20 am)
Replying to: chucky380 (Mar 05, 2007 12:04 pm) You always pay sales tax on the sale price before rebate then the rebate is applied to that price. At least that is the way it has always been here in Kansas. Always sort of hit me wrong, but that is the way it has always been.

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