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Ford Explorer Lease Questions

599 messages,  Last post on May 08, 2013 at 7:57 AM

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

    

Messages Page 51 of 61

#494 of 599 2013 Explorer XLT Lease Feedback by jimt126

Dec 08, 2012 (2:49 pm)

Hi Car_man
First time leasing and while I researched the terms thoroughly Ford seems hesitant to provide lease details- they won't provided the MF but call it a Ford Lease Rate. So need some feedback please:
2013 XLT with 202A package and a few other accessories totaling to MSRP of $39,860 and sale price after incentives, rebates & $1750 trade-in is $34,241.
 
24 month lease proposed is $437 including taxes. The "Ford Lease Rate" is.5 (whatever that means) and it seems close to a MF of .00125 according to a lease app I used to back into the MF.
 
Fast Feedback would be really appreciated and I am close to a deal...

#495 of 599 Re: 2013 Explorer XLT Lease Feedback [jimt126] by rick_r1

Dec 08, 2012 (5:37 pm)

Replying to: jimt126 (Dec 08, 2012 2:49 pm)
Seems like Car Man has left the building.

#496 of 599 Re: 2013 Explorer XLT Lease Feedback [rick_r1] by Car_man HOST

Dec 27, 2012 (7:28 am)

Replying to: rick_r1 (Dec 08, 2012 5:37 pm)
I'm here guys. Questions about Ford leases are often very difficult to answer because it has a whopping twenty-two regions, each one with the potential to have different programs. Needless to say, that's a lot of variables. That's why I don't always stop by the Ford and Toyota discussions as often as I do for the ones of some of the less regional brands.
 
Let me see what I can find out about the Explorer's lease program for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#497 of 599 Re: 2013 Explorer XLT Lease Feedback [jimt126] by Car_man HOST

Dec 27, 2012 (7:33 am)

Replying to: jimt126 (Dec 08, 2012 2:49 pm)
Hi jimt126. Ford uses interest rates instead of money factors to calculate vehicles' lease payments. You can convert its lease rates into an approximate money factor equivalent by dividing them by 2400. So a lease rate of 0.5% is equivalent to a money factor of around .00021.
 
Ford Credit's December base lease rate and residual value for a 24-month lease of a 2013 Explorer XLT 4WD with 15,000 miles per year are 0.5% and 64%.
 
There is a $1,000 national cash incentive on leases of this truck and various regional incentives.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#498 of 599 Re: 2013 Explorer XLT Lease Feedback [Car_man] by rick_r1

Dec 29, 2012 (1:35 pm)

Replying to: Car_man (Dec 27, 2012 7:33 am)
Many thanks for the information. ALso I wanted to ask, is it fair to say that for 24 month leases, other things being equal the residual on a Limited is normally one or two points lower than that of an XLT?

#499 of 599 ford explorer xlt 2013 by ram81

Dec 29, 2012 (6:45 pm)

What is the residual value and money factor for Ford Explorer XLT 2013 for 36 months, 10,500 miles?
 
Thanks.

#500 of 599 2013 XLT lease deal 36 months 15k miles/yr by liman2

Jan 05, 2013 (3:53 pm)

I got this deal, what do you all think? I have put in a deposit and have to pick up in a week.
2013 XLT 4WD 3.5L V6 TIVCT
Has the 202A package with rear view, myford touch, voice activated sync, comfort package + Leather, Heated seats, Power lift gate, Voice activated Navigation and some extras.
Total sticker price before rebates and discounts is $39,700.
After applying all discounts the price they are using is about 34,000.
 
Deal is $395/Month 15K miles per year, 36 months.
Zero down. Total out of pocket is for taxes, DMV, registration and plates = $1950.

#501 of 599 Re: 2013 XLT lease deal 36 months 15k miles/yr [liman2] by albert72

Jan 08, 2013 (6:45 pm)

Replying to: liman2 (Jan 05, 2013 3:53 pm)
Would you mind telling where you got the deal from? Thanks,

#502 of 599 Re: 2013 XLT lease deal 36 months 15k miles/yr [albert72] by sullywho

Jan 23, 2013 (9:00 am)

Replying to: albert72 (Jan 08, 2013 6:45 pm)
We are looking for near identical model and would like to know where this was offered as well.
 
Thanks

Messages Page 51 of 61

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