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Ford Explorer Lease Questions

601 messages,  Last post on May 19, 2013 at 9:26 AM

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

    

Messages Page 38 of 61

#365 of 601 Re: Ford Explorer LTD AWD Lease Rates [chuckg67] by Car_man HOST

Jun 09, 2011 (12:20 pm)

Replying to: chuckg67 (May 28, 2011 6:38 pm)
Here's the latest info for you, chuckg67. Ford Credit's current base lease rate and residual value for a 39 month lease of a 2011 Explorer Limited AWD with 12,000 miles per year are 4.25% and 52%, respectively.
 
The residual value for a lease with only 10,500 miles per year is 1% higher.
 
I don't believe that Ford is currently providing any cash incentives on leases of this truck.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#366 of 601 RE: LEASE FIGURES FOR JUNE 2011 [mmasteryo1] by Car_man HOST

Jun 09, 2011 (12:23 pm)

Replying to: mmasteryo1 (Jun 01, 2011 8:44 am)
Greetings mmasteryo1. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2011 Explorer Limited 2WD with 12,000 miles per year are 4.0% and 53%, respectively.
 
The numbers for an otherwise identical 24 month lease are 2.25% and 62%, respectively.
 
The 10,500 mile per year residual values are 1% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#367 of 601 Re: car man what is monthly lease cost [bigadam] by Car_man HOST

Jun 09, 2011 (12:27 pm)

Replying to: bigadam (Jun 04, 2011 10:56 am)
I'd be happy to crunch some numbers for you bigadam. According to my calculations, if you were to lease a 2011 Ford Explorer XLT 4WD that has an MSRP of $40,995 with a selling price of $36,531 through Ford Credit right now for 36 months with 10,500 miles per year, your zero down, pre-tax monthly payment would be around $487.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#368 of 601 GOOD DEAL? by mmasteryo1

Jun 09, 2011 (3:48 pm)

Hi Carman,
 
I was wondering if I should pull the trigger on this deal?
 
2011 Ford Explorer Limited FWD
 
MSRP $45,310
 
SELLING PRICE $42,784 ($500 OVER INVOICE)
 
24 MONTH/ 12K PER YR
 
$1500 DOWN PAYMENT
 
MONTHLY PAYMENT $682
 
THOUGHTS? THANKS!

#369 of 601 RE: LEASE FIGURES FOR JUNE 2011 [mmasteryo1] by techman69

Jun 11, 2011 (4:54 pm)

Replying to: mmasteryo1 (Jun 01, 2011 8:44 am)
I just got a qoute for a 2011 Ford Explorer Limited fully loaded with a MSRP of $50,215. 10500 per yr mileage, 36 month lease $2,900 to cover NYS tax, 1st months, fees. $668.00 a month but I have the X-plan, so it went down to $629.00 a month. I love the truck it has everything i need in a vehicle but I think it's just a bit to high for a explorer. hope this helps

#370 of 601 Re: GOOD DEAL? [mmasteryo1] by vikash

Jun 12, 2011 (12:16 am)

Replying to: mmasteryo1 (Jun 09, 2011 3:48 pm)
You can get an MDX for 12000 miles per year for this $600, even an Merc ML 350 also.

#371 of 601 Re: GOOD DEAL? [mmasteryo1] by Car_man HOST

Jun 12, 2011 (3:57 pm)

Replying to: mmasteryo1 (Jun 09, 2011 3:48 pm)
Hi mmasteryo1. $500 over dealer invoice is a good selling price for a leased Explorer, but I personally don't think that I could bring myself to pay nearly $700 per month for an Explorer. It's a really nice truck, but for that kind of money one could drive a ton of amazing vehicles or an SUV with just as much utility for half the price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#372 of 601 Re: GOOD DEAL? [Car_man] by mmasteryo1

Jun 12, 2011 (6:32 pm)

Replying to: Car_man (Jun 12, 2011 3:57 pm)
Car man,
 
Thank-you. I appreciate the honest feedback. What would you recommend. I just turned in an ML-350. I liked it, but was going to wait until the new 2012 came out, but was told by my dealer that they would be going at MSRP for a while. I also tried BMW X5, but with the minimum of $1500 down payments were north of $900. In short, what type of crossover/SUV would you recommend to lease with the features that the Explorer Limited comes with, specifically the 302a pkg (e.g., cool & heated seats; navigation; etc.)
 
THanks!

#373 of 601 Current Lease Rates by eckersly

Jun 20, 2011 (1:30 pm)

What are the current Residual and Money Factor for 2011 Explorer XLT FWD
 
Are these numbers different if it is an AWD?
 
Also, Do i do the calculations with the MSRP or the MSRP minus the Rapid Spec discount. In other words do i take the residual times the MSRP or the MSRP minus the Rapid Spec discount?
 
Thanks for your help!

#374 of 601 2011 Jeep Grand Cherokee Lease deal.. Please help by adam3477

Jun 21, 2011 (6:00 pm)

I am in the market for a new 2011 Jeep Grand Cherokee X package. Here is the offer I negotiated on the table.
 
They will buy out my existing lease payments ( approx $1200)
Get me into an X package with Nav $MSRP $37,825 i think it was
Selling me the car for $33,972 ($3,853 off MSRP)
$2600 total Out of pocket
$439/ month for 39 month ( tax in )
12k miles a year.
 
IS this a good deal or should I keep shopping?
 
thanks!

Messages Page 38 of 61

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