Last post on May 23, 2013 at 9:41 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Ford Explorer, Car Leasing, SUV
#505 of 605 February Lease Rates
Jan 29, 2013 (9:20 am)
Does anyone Ford's lease rate and residual for February on a XLT AWD(pretty loaded up) Looking for 3 yr/15k. Also, looking or order vehicle from TX dealership, any recomendations
Feb 02, 2013 (6:36 pm)
I'm about to start shopping for my 2013 Explorer Limited plus a number of options. I live in the M ichigan.
Looking for lease rates with 39 Months and highest mileage possible. I believe its 19500 per Year.
Can anyone tell me deals they've received and what the Residual and money factor are? also what is the average discount off MSRP?
Much appreciated in advance.
#507 of 605 Re: Explorer SPORT Lease [nighthawkn117]
Feb 02, 2013 (8:29 pm)
I apologize. I meant to say Sport. I'm interested in the Sport Model
#508 of 605 Re: February Lease Rates [sullywho]
Feb 02, 2013 (10:59 pm)
I just picked up our new Explorer XLT AWD w/202a, navigation, power liftgage, tow package as factory options. The lease rates should be around .5% for Ford tier 0 and 1 on a 36 month lease. I chose to go with a 24 month lease because the rates were so good and I change cars every two years anyway.
I feel pretty good about the deal we just struck at a dealership in MN. I received quotes from several area dealers and ultimately went with the dealer that provided the best overall experience. Even though they were not even close to being the best price, they eventually beat out all other offers. Here was our offer:
24 months, 10,500 miles
Qualified for lease rate of .25% (mf .0001)
Rebates- $1750 and $1000 conquest lease cash
Sale Price - $36,475
Total monthly payment - $375/mo
Only money down was the first months payment.
#509 of 605 Re: Explorer SPORT Lease [nighthawkn117]
Feb 05, 2013 (1:05 pm)
Hope this helps. I got word back from the dealer on the Explorer Sport:
36 Month W/15000 Miles
39 Month W/15000 Miles
They said there are $1500 in rebates currently. Is that accurate for the North East Region?
#510 of 605 Re: Explorer SPORT Lease [nighthawkn117]
Feb 05, 2013 (1:16 pm)
Did you go through Ford.com and request the mailed brochure for the Explorer? It takes about 7-10 days to get. In it there is a coupon for an additional - sorry I forget the exact amount - $1,000 or so off.
#511 of 605 Re: Explorer SPORT Lease [ct44]
Feb 05, 2013 (1:20 pm)
Thank you for the tip. I'll do that for sure.
#512 of 605 Car man-February Explorer lease rates please
Feb 05, 2013 (2:46 pm)
Looking for the money factor, residual values on the 2013 Ford Explorer XLT & Sport 24 month lease with 10,500 miles per year.
Also what rebates and cash incentives are avilable (I am a current Ford lease holder)?
Thanks for the help in advance
#513 of 605 Re: February Lease Rates [ltrain1]
Feb 07, 2013 (2:43 pm)
Seems to me like you might be paying too much on the monthly payment. Granted, our terms aren't the same, but I just got an Explorer XLT AWD, 202a, navigation, power lift gate, tow package, and dual panel moonroof in MI.
36 months, 10,500 miles
Lease rate of .25%
Rebates - $1500 + $500
Trade-in - $1000
MSRP - $42,075
Sale Price - $37,403.98
Taxes - $886.28 (6% of total monthly payments + 6% of capitalized cost reduction)
Residual - $23982.75 (57%)
The acquisition and doc fees ($710 total) were rolled into the Sale Price, and I had to pay $567 out of pocket for first month payment plus title, registration, etc.
Total monthly payment - $334/month
I'm not sure what your tax percentage is, but if I try plugging your numbers into an online lease calculator, I'm coming up with a lower payment for you than $375 (around $325). I was assuming 6.85% tax for MN. There is also a difference of $275 between my trade-in and rebates vs your rebates, but that shouldn't affect the monthly payment by much.
#514 of 605 Explorer XLT 4WD
Feb 08, 2013 (11:25 am)
Best offer I've received so far:
2013 Explorer XLT 4WD with 202A
All weather floor mats
Power lift gate
Dual panel moonroof
Rear seat DVD
Trailer tow package
20" Aluminum wheels
$2000 lease cash plus $1000 conquest cash
36 months, 15K miles per year with $760 total out of pocket for $442 per month including 7.75% tax rate. I'm looking to do better but it gets exhausting spending so much time at the dealer. Internet quotes aren't coming in this low. Thoughts?