- #53 of 118
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07 Expedition EL EB 2w Lease, Rock Hill SC
by gkirk007
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Mar 01, 2007 (10:45 pm)
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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?
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- #54 of 118
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Re: nj area [Car_man]
by chucky380
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Mar 05, 2007 (1:04 pm)
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Replying to: Car_man (Feb 27, 2007 5:01 am)
thanks.. have u ever heard of there being a tax on rebates?
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- #55 of 118
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Re: nj area [chucky380]
by hardhawk
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Mar 13, 2007 (11:20 am)
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Replying to: chucky380 (Mar 05, 2007 1:04 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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- #56 of 118
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HELP ME OUT HERE?
by hilliergroup
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Mar 13, 2007 (5:08 pm)
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THIS IS THE INFORMATION (E-MAIL) I GOT FROM AN UPSTATE NY FORD DEALER ABOUT A 2007 FORD EXPEDITION XLT 4WD LOADED. "YOUR PAYMENTSFOR A 36 MONTH/36000 MILE LEASE WITH AN X PLAN (HAVE A FAMILY MEMBER WILLING TO GIVE ME HER X PLAN OPTION) WOULD BE $464 PLUS TAX AND FEES. THE MSRP IS $39,115 AND YOUR RETAIL X PLAN PRICE WOULD BE $34,270.95.
I HAVE ALWAYS LEASED A GM AND KNOW HOW THEY FIGURE LEASES. I GOT NO MORE INFO FROM THE DEALER THAN ABOVE.
DOES IT SOUND OK? SHOULD IT BE LESS PER MONTH? I WANT TO PUT NOTHING DOWN, AND USE CASH FOR SALES TAX, AND FEES.
ANY ADVICE. I WOULD APPRECIATE IT.
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- #57 of 118
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2007 EB 4x4 Lease Factors
by mjtaysdad
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Mar 25, 2007 (10:14 am)
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Carman,
I was wondering if you could tell me the current Ford deals for a 36 month (15K/yr) lease on a 2007 Expedition EB -- do you know the MF and the residual? I am looking to shop this week, but I want to be armed with data before going to the dealer. Many Thanks!
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- #58 of 118
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Re: A deal or a dud?
by suvmom1
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Apr 01, 2007 (1:03 pm)
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Replying to: Car_man (Aug 31, 2005 3:55 am)
We leased an XLT yesterday and didn't shop around at all....so now i am trying to figure out whether we got a good deal or not. Sticker price was very close to 40k. We put 2500 down + first payment of $480. (which includes ttl) 39 month lease and 12k miles/yr. How did we do? Thanks.
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- #59 of 118
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Re: 07 Expedition EL EB 2w Lease, Rock Hill SC [gkirk007]
by Car_man HOST
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May 07, 2007 (3:13 am)
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Replying to: gkirk007 (Mar 01, 2007 10:45 pm)
Hi gkirk007. $98 over dealer invoice is a very good deal for a lease of a 2007 Ford Expedition, as long the $2,000 lease cash that Ford is providing on this truck right now is then subtracted from that. Also, make sure that the dealer that you are working with uses Ford Credit's current 36 month base lease rate of 2.0% to calculate your truck's monthly payment. Unless you are eligible for Ford's employee or supplier purchase programs, don't worry about all of the A, X, Z, D-Plan numbers.
Car_man
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- #60 of 118
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Re: HELP ME OUT HERE? [hilliergroup]
by Car_man HOST
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May 07, 2007 (3:18 am)
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Replying to: hilliergroup (Mar 13, 2007 5:08 pm)
Hello hilliergroup. If you are leasing this truck using Ford's X-Plan then you are in great shape. This program will provide you with a great selling price without the need to haggle with dealers. You probably should double check that the dealer you are working with us using Ford Credit's current 36 month base lease rate of 2.0% to calculate your lease payment, but I suspect that they are. If you like the truck, I personally don't see any reason not to go for this deal.
Car_man
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- #61 of 118
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Re: 2007 EB 4x4 Lease Factors [mjtaysdad]
by Car_man HOST
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May 07, 2007 (3:21 am)
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Replying to: mjtaysdad (Mar 25, 2007 10:14 am)
Here's the information that you're looking for, mjtaysdad. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Ford Expedition Eddie Bauer 4WD with 15,000 miles per year are 2.0% and 46%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400.
Car_man
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- #62 of 118
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Re: A deal or a dud? [suvmom1]
by Car_man HOST
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May 07, 2007 (3:22 am)
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Replying to: suvmom1 (Apr 01, 2007 1:03 pm)
Hi suvmom1. You never mentioned the selling price of the Expedition that you are interested in leasing. This is an important number 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 the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary 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 its selling price is.
Car_man
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