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Prices Paid: Buying & Leasing Experiences Ford Explorer Lease Questions
239 messages, Last post on Apr 16, 2008 at 11:56 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: luckycait (May 09, 2007 4:57 pm)  . Unless you really need to get an SUV for some reason, like your family is expanding it would really ne in your best interest to wait until you are less upside down on your car to get something new. If you really have to get a new vehicle now, the Explorer is a good one to go with because you will be able to get a pretty big discount on it that will absorb most of your negative equity. The fact that you will be able to lease this truck through the X-Plan is great. It means that you will be able to get an excellent deal on it without having to haggle. Let's work up a lease payment on this truck and see what we come up with. According to my calculations, if you were to lease a 2007 Ford Explorer XLT 4WD that has an MSRP of $31,120 and a capitalized cost of $32,957 ($29,957 selling price - $4,000 lease cash - $2,000 cap cost reduction + $9,000 negative equity) through Ford Credit right now for 36 months with 12,000 miles per year, your $2,000 down, pre-tax monthly payment would be around $571. As you can see, there seems to be something wrong with the monthly payment that you were quoted. There's no way that sales tax adds $100 per month to your payment. If I was in your situation I would comparison shop with another dealer or two. Car_man Host Prices Paid Forum |
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We have the 2004 explorer xlt the purchase options at end of lease term is $16628.05---is this price negotiable? unfortunately my husband thinks he understands car buying but he doesn't. I love my explorer and would really like to keep it and we just put new tires on it thinking we were going to keep it. any tips would be greatly appreciated! oh our miles are low (37100) and there are some minor wear and tear to it. options (i am sure there are more, but these are the ones that i can think of off hand) third row seat moon roof cd player cruise control power drivers seat airbags 4wd thanks, aimee
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Replying to: memonster (Jun 22, 2007 6:35 am) Car_man Host Prices Paid Forum |
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Hello, I was looking for a new 07 Expl. Looking to lease for first time. Currently have 03 xlt w/46k miles but would like upgrade to EB with V8, trailer tow etc... Not sure about the whole lease thing. Any ideas what a good starting deal would be or where to start at???? I live in upstate New York but i have found that it is hard to find a vehicle up here with options that i would like to get
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Replying to: explorer3741 (Aug 07, 2007 6:34 am) In short, the best way to get a good deal on a lease is to negotiate as low a selling price as possible on the new vehicle that you want and then have the dealer that gives you that price calculate your monthly payment using its base lease rate. If you give me an idea of what the MSRP of the truck that you are interested in is and what sort of selling price you expect to be able to negotiate I would be happy to work up a sample lease payment for you. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (May 22, 2006 3:23 am)
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am looking to lease a ford explorer(07...EB) have never leased...got a quote from a dealer here in the portland,or. area. It seems awful high....any thoughts??? MSRP $37,675.00 Sale Price $35,999.00 Less Lease Rebates -$3000.00 (used to cover 1st payment, & DMV....ZERO out of pocket cash) 36 months  10,500 miles per year = 607.22 per month Lease end value = $17,707.25 36 months 12,000 miles per year = 617.08 per month Lease end value = $17,330.50 36 months 15,000 miles per year = 636.81 per month Lease end value = $16,577.00 *All leases figured at 5.75% APR On Approved Credit. |
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Replying to: mgc1 (Sep 11, 2007 5:44 pm) X Plan quote on a 2008 Eddie Bauer with options - vehicle had a MSRP of $39k. Dealership told me $532/mo for 12k/yr 39 months. Upon inception, only amount due was $1000 which comprised first month, taxes, title, registration, etc. Interestingly enough, guy said this was below X plan and said he may be able to do better.....I thought x plan was "fixed" price so I'm wondering if dealership is trying to work me like a champ.... Can anyone provide MF and residual factor for '08 EB with above details? Thanks.
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