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Prices Paid: Buying & Leasing Experiences Ford Explorer Lease Questions
245 messages, Last post on Sep 29, 2009 at 2:26 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Ford Explorer. Thanks. Car_man Host Smart Shopper / Prices Paid Forums |
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| Can you please provide the money factor and residuals for a 2006 Ford Explorer XLT and Eddie Bauer models. I would lease for 36 months. Please provide residuals for 15k, 12k, and 10.5k miles using a Ford Red Carpet Lease. Thank you. | |
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Hi al330i. Ford's lease program for the 2006 Explorer seems to vary depending upon what area of the country one is in. In most of the U.S., Ford Credit's base lease rate and residual value for a 36 month, 15,000 miles per year lease of a 2006 Explorer XLT 4WD are 4.0% and 49%, respectively. The numbers for an otherwise identical lease of a 2006 Explorer Eddie Bauer 4WD are 4.0% and 51%, respectively. Ford Credit's residual values for leases with 12,000 miles per year are 2% higher than its 15,000 miles per year residuals and its residuals for leases with 10,500 miles per year are 3% higher. When negotiating your lease on this truck, remember that Ford is currently providing $1,500 lease cash plus an additional $500 Ford Credit Bonus ($2,000 total) on the '06 Explorer right now. This money will help you to negotiate an attractive capitalized cost. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Oct 30, 2005 7:30 am)
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Replying to: Car_man (Oct 30, 2005 7:30 am) I am looking at leasing a 2006 EB Explorer. I was wondering what the difference in residual is between the V6 and the V8. Any help in this area would be sufficient.
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Here's what we've got to share so far: MSRP 40865 Due at signing 1424.55 Monthly 24mo 12k/yr $510 includes CT sales & prop taxes pwr 3rd row roof dvd nav luxury reverse sensing safety canopy Can anyone comment? Thx, Rich
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Replying to: al330i (Oct 31, 2005 6:21 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: gonecruzan (Oct 31, 2005 10:59 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: richleasequest (Nov 01, 2005 2:26 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: richleasequest (Nov 01, 2005 2:26 pm) am also from ct and have looked into leasing from ford(actually did one time). i'll just give you my experience, which may be different from yours. property tax is a big deal. when i was quoted payments, the property tax was .0025 (a quarter of a percent) of the msrp per month. 40k times .0025 = 100. 100 times 12 = $1200 per year. this is way more money than i would pay on a 40k vehicles in my town, and you have to pay that each year of the lease. the property tax basis is also calculated from the base msrp, in other words excluding any option packages. property tax usually decreases as the vehicle ages. the dealer would not negotiate this. when i leased from saab, they just billed me the amount on the property tax bill, and i was able to claim it. it might have just been the dealer i was negotiating with. also the state sales/use tax is calculated including the property tax portion. hope this helps. |
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