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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

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


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#33 of 245
2006 EB Explorer by gonecruzan
Nov 25, 2005 (8:52 am)
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carfact,
 
Yes that included sales tax. Imagine walking into the dealership with 2500 dollars in your pocket and nothing else. Leaving with a Brand new explorer. that 2500 included EVERYTHING! Including tax, title doc fees, first months payment, you name it.
#34 of 245
Re: 2006 EB Explorer [gonecruzan] by carfact
Nov 25, 2005 (9:05 am)
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Replying to: gonecruzan (Nov 25, 2005 8:52 am)

Do you have the interest rate (money factor) and residual % used? Also, what was the breakdown of the final purchase price excluding tax? I'm in IL so tax is on the purchase price amount.
#35 of 245
Re: 2006 EB Explorer [gonecruzan] by docgary
Nov 25, 2005 (12:42 pm)
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Replying to: gonecruzan (Nov 25, 2005 8:52 am)

Well, you got an incredible deal!!!
 
I just brought my Explorer home-
 
24 MONTH LEASE - 1000 MILES/MONTH
2006 EB 6 cyl. base model - MSRP $33250
neg price $28600
residual - $20615 (62%) 24k miles
(factor=.00125)
 
total out-of-pocket-OTD $1600
total monthly payment-inc tax $345/mth
 
$1600 includes cap cost, all MV fees, Doc fees
 
No bank, no security deposit, no acquisition/deposition fee
 
My deal is OK however yours is the best I've ever seen!
 
Carman -any comments on my deal?
#36 of 245
Re: 2006 EB Explorer [docgary] by docgary
Nov 25, 2005 (2:56 pm)
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Replying to: docgary (Nov 25, 2005 12:42 pm)

FORGOT...the $1600 included the 1st monthly payment of $345
#37 of 245
How did I do? ('06 Mountaineer Premier V8) by vic74
Nov 26, 2005 (6:53 pm)
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Hi all. This was my first lease. You guys know alot more about leases than I do, so I would appreciate your feedback. How did I do for my first time? I KNOW I did not get the best deal, but I do not feel like I was ripped off either (at least I HOPE I got a fair deal). What do you think about this?
 
Mountainer Premier Loaded V8 (has everything except the DVD player and navigation)...24 months...$319/month...about a $600 bank fee....$400 sec deposit...plus DMV, etc.
 
My total payment is $400/month (because I rolled some of the fees into the payment)...paid them $2300 down...I have the option to buy at lease end for $23k...10,500 miles per year (which I won't go over--I usually drive 6-8k miles per year).
 
What should I do better next time?
#38 of 245
Just Inked a deal by jay34
Nov 27, 2005 (1:10 pm)
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I just leased a Ford Explorer XLT 2006 fully loaded. No money down just $1000 for taxes out of pocket expense..$397 month...
 
Any feedback??
#39 of 245
Re: 2006 EB Explorer [gonecruzan] by airborne4689
Nov 29, 2005 (10:58 am)
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Replying to: gonecruzan (Nov 14, 2005 9:30 am)

If you dont mind me asking i am in the market for the same truck and i an hesatant for running any more credit inquires from the dealers. I know my credit score is a whopping 584. No real bad things just a lot of inquires. How did you do it, what was your score like if you don't mind me asking. did you do it through ford credit?
#40 of 245
Should I? or Shouldn't I? by shenaniganz
Dec 01, 2005 (3:35 pm)
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Is excise Tax included in the monthly payment??
Are you supposed to pay excise when you don't really own the car your essentially "borrowing" it from them?
Here's what I was quoted:
 
2006 Ford Explorer EB, Full Loaded MSRP 39,325
Navigation, Luxury pack, Moonroof, Power Pedals, Reverse Sensor, you name it,, just doesn't have the Rear DVD.
$2700 down which includes First Monthly Payment, Acq. Fee, Down Payment, Doc Fee of a little over $130, Plates & Registration.
$327/per month 24 Months 12,000 miles per year.
 
However, there is sales tax & Excise tax (they say) which would bring my payment to about $369 per month.
 
Any Thoughts?
#41 of 245
Ford 2006 EB Explorer by gonecruzan
Dec 05, 2005 (12:41 pm)
Reply
Well, first I will say I am not sure of the money factor. my residual price was 62%. My purchase price included tax. Airborne, I will tell you this. Ford Motor Credit uses a ratio system. For evey 6 individuals Ford Motor Credit approves, they will accept 1 individual with horrendous credit. However, they will accept everyone with a co-signer. My credit isn't the greatest however I was approved on the spot. Right now, with Ford's losses, you should have no trouble leasing a Ford vehicle. Let me know how things go.
#42 of 245
Re:Explorer Lease by bkstew
Dec 09, 2005 (11:44 am)
Reply

Replying to: Car_man (Nov 22, 2005 3:54 am)

Carman
I am looking to lease a Explorer. Preferrably an EB, possibly with Nav. I have poor credit, but good cash. I'm looking for a 3 year lease with a payment in the 400's. I would also like to buy some additional miles, at lease 15K a year. Am I in the ballpark ? Thanks.
 
BKStew

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