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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 53 of 61

#516 of 599 Re: Explorer Base XLT Lease [ootsie79] by rehab702

Feb 11, 2013 (9:35 am)

Replying to: ootsie79 (Feb 10, 2013 8:15 am)
You left out a critical part of the equation. How many months is the lease?

#517 of 599 Explorer Limited w/res Lease by mike2555

Feb 11, 2013 (10:26 am)

I am looking for money factor and residual value on a 2013 Explorer Limited with rear seat entertainment. I am in Southern California and need 12,000 miles per year on a 36 month lease.
 
If anybody has this information it would be much appreciated. I am in the process of formulating the numbers.
 
Thanks

#518 of 599 Re: Explorer Base XLT Lease [rehab702] by ootsie79

Feb 11, 2013 (11:05 am)

Replying to: rehab702 (Feb 11, 2013 9:35 am)
Yes I did...36 months. We're scheduled to sign on Friday.

#519 of 599 Re: Explorer Base XLT Lease [ootsie79] by rehab702

Feb 11, 2013 (1:31 pm)

Replying to: ootsie79 (Feb 11, 2013 11:05 am)
Doesn't say anywhere in your original post that it was 36 months, maybe you had an earlier post that I didn't see. Either way that clears it up. Thanks!

#520 of 599 Re: Explorer Base XLT Lease [rehab702] by ootsie79

Feb 11, 2013 (2:15 pm)

Replying to: rehab702 (Feb 11, 2013 1:31 pm)
Sorry...meant yes I did forget to include it. Was my mistake. Thanks for responding to my post.
 
More info that might be helpful, I think they're using a .25% interest rate, and when I run the numbers, I came to the conclusion that they're using a residual of about 58%, which I believe is good.

#521 of 599 Re: Explorer Base XLT Lease [ootsie79] by rehab702

Feb 11, 2013 (2:36 pm)

Replying to: ootsie79 (Feb 11, 2013 2:15 pm)
I'm looking at the same vehicle and trying to determine whether to buy or lease. The residual and interest rate look very good.
 
What rebates did you qualify for?
Does your monthly payment include sales tax?

#522 of 599 Re: Explorer Base XLT Lease [rehab702] by ootsie79

Feb 11, 2013 (6:56 pm)

Replying to: rehab702 (Feb 11, 2013 2:36 pm)
Qualify for about $3,000 in incentives which includes $1,000 in conquest cash.
 
Payment includes sales tax. Residual might actually be a bit higher because the lease calculator didn't calculate registration and title which is included as well.
 
We also requested the Explorer brochure in the mail which may or may not contain a coupon for more off. Dealer said if it comes before Friday, he will honor it.

#523 of 599 Re: Explorer Base XLT Lease [ootsie79] by rehab702

Feb 11, 2013 (11:26 pm)

Replying to: ootsie79 (Feb 11, 2013 6:56 pm)
Excellent! I qualify for the lease conquest and received a $750 certificate in the mail.
 
Good luck and thanks for the info.

#524 of 599 Re: Explorer Base XLT Lease [rehab702] by ootsie79

Feb 12, 2013 (7:20 am)

Replying to: rehab702 (Feb 11, 2013 11:26 pm)
How long did it take you to receive the $750 in the mail? We submitted an online request on 2/2/13. Received a brochure, but no coupon.

#525 of 599 Re: Explorer Base XLT Lease [ootsie79] by rehab702

Feb 12, 2013 (8:56 am)

Replying to: ootsie79 (Feb 12, 2013 7:20 am)
The coupon is part of the brochure - the inside of the back cover. It says, "$750 Cash just for you" and can be combined with other offers. It only took a week or so to receive it.

Messages Page 53 of 61

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