599 messages,
Last post on May 08, 2013 at 7:57 AM
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Ford Explorer, Car Leasing, SUV
#395 of 599 Re: September Explorer Limited Numbers [copperskier]
by Car_man HOST
Oct 16, 2011 (5:00 pm)
I certainly would copperskier. Ford Credit's October base lease rate and residual value for a 36-month lease of a 2012 Explorer Limited 4WD with 12,000 miles per year are 3.5% and 55%, respectively for consumers who qualify for its top credit tier.
Your payment will definitely be higher on a 24-month lease, but you might be able to shave a few bucks per month off by going with a 39-month lease.
Car_man
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#396 of 599 Ford Explorer XLT Model
by ew_magic
Oct 18, 2011 (8:02 am)
Anyone have a good idea about what an Explorer XLT 4WD option package 205A and powerlift gate and dual panel moonroof show go for on a lease in Massachusettes? The website states something way off from the dealer - who insists that the lease rate can go up 100/month just on taxes.
Lease I'm looking for is 36 months at 12K/year.
#397 of 599 Re: September Explorer Limited Numbers [Car_man]
by peteyboy30
Oct 25, 2011 (6:10 am)
Car_Man: If you would please give me the residual, and money factor/lease rate for a 2012 Ford Explorer XLT 4WD 12k, 36 39 and 42 month lease, and any incentives they have running. Thank you so much.
#398 of 599 first time lease
by tycalmc
Oct 30, 2011 (4:08 am)
I have never leased before but am considering it, what should i look out for? I am looking at the ford explorer lease on the 2012 explorer XLT with leather for $319 and i can not figure out the factor or residual money. Can anyone help with this. I want to go into the dealer and add the mileage to 19,000 miles a year and not get screwed over. thanks for your help I live in upstate NY.
#399 of 599 Re: first time lease [tycalmc]
by chuck68516
Nov 04, 2011 (7:05 pm)
You can bet your payment will be $619 or quite likely more with zero down. $319 on a $40,000 SUV is too good to be true even at 10,500 miles per year. Since you're in NY you can bet your taxes and dmv, etc will also put your payment $40+ higher by themselves.
Also, you don't want to lease at 19,000 miles per year because your warranty will expire less than 2 years into the lease. Being under bumper to bumper warranty is one of the main reasons to lease.
#400 of 599 Re: September Explorer Limited Numbers [peteyboy30]
by Car_man HOST
Nov 06, 2011 (4:56 pm)
Greetings peteyboy30. Ford Credit's current base lease rate and residual value for a 36-month lease of a 2012 Explorer XLT AWD with 12,000 miles per year are 3.5% and 55%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 39-month lease are 3.75% and 54%.
The numbers for an otherwise identical 48-month lease are 6.75% and 48%.
I don't believe that Ford is currently providing any cash incentives on leases of this truck.
Car_man
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#401 of 599 Posted Same re enclave
by orangegringo
Nov 11, 2011 (9:16 pm)
Car Man and other experts and folks with experience,
Looking at Premium trim Enclave and Limited trim Explorer. Will add nav and entertainment. Want the car loaded. Dallas Texas. Not certain whether will lease or buy.
Questions:
1) residual and lease rate for both?
2) any rebates, deals, or negotiating tactics or ideas for both?
3) assuming best and expected negotiated price, what lease price should I expect for both for 36 or 39 months at 12k miles per year?
4) what price should I expect to negotiate if I buy ( I have pre approved financing through bank) for both?
5) anything else I should know or consider from a financial standpoint for both?
6) thoughts on which vehicle I should buy. They both approach the small crossover three row suv differently, but we like both and appreciate the access to the third row with the captain second row. Anyone own one and like or dislike specific features?
7) finally, I will be trading in an 08 Lexus es350 with 34k miles on it. The car is in very good shape and shows well. What should I be able to get on trade in?
Really appreciate help on this. I'm a used car guy that normally sells my old car myself. I'm treading in unfamiliar water and could use help and guidance. I hope to do a deal tomorrow.
#402 of 599 Good deal or not? - Opinions welcome!!
by engrgrad
Dec 12, 2011 (9:43 pm)
My wife wants to lease a 2012 Explorer XLT 4x4 with 205a package, trailer tow, leather mytouch, moonroof and the 3.5 l v-6. I drove it last night and we liked it.
My wife wants a 27 mo lease w/19500 miles per year (Michigan).
Dealer is quoting the following:
MSRP is $42330
1. A plan price: 38,058.93
2. Residual: 60%
3. Rate 1.5% (0.000625)
4. Acquisition Fee $595
Monthly payment is 466.08/mo with only first month's payment down.
Note that Ford is currently offering 2000 incentive for non Ford lease holders to come and lease a Ford. But dealer says that with leasing, the 2,000 is applied as a down payment and not used against the MSRP if I were to purchase. I am not sure this is correct, but it allows us to leave the dealer with only the first month's payment.
Car man et al - does this sound like a decent deal? I run spreadsheets and it appears legit but I am likely missing something w/regards to the non-Ford lease incentive.
#403 of 599 Re: Good deal or not? - Opinions welcome!! [engrgrad]
by Car_man HOST
Dec 14, 2011 (5:27 pm)
Hi engrgrad. The fact that you are able to get this truck through Ford's A-Plan means that you are getting a good selling price on it. This looks like a good deal to me.
The dealer was correct, the cash incentive for current lessees of non-Ford vehicles is only available on new leases...not cash purchases.
Car_man
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Dec 15, 2011 (11:04 am)
Car man,
Can you provide the residuals and money factors on the 2012 XLT AWD and Limited AWD?