Ford Explorer Lease Questions

604 messages,  Last post on May 22, 2013 at 5:00 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

    

#519 of 604 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 604 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 604 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 604 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 604 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 604 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 604 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.

#526 of 604 Re: Explorer Base XLT Lease [rehab702] by ootsie79

Feb 12, 2013 (11:10 am)

Replying to: rehab702 (Feb 12, 2013 8:56 am)
I called Ford Marketing Headquarters. Our market area is not getting the personal cash voucher right now so that's off the table. Would have been nice.
 
Good luck!

#527 of 604 Re: Explorer Base XLT Lease [ootsie79] by rjoh1969

Feb 12, 2013 (2:14 pm)

Replying to: ootsie79 (Feb 11, 2013 6:56 pm)
Interesting. I have been told the $750 private cash offer cannot be combined with $1000 conquest cash. It does state on the brochure that it can be used "in addition to any current public offers." $3750 in rebates would be GREAT!

#528 of 604 my lease quote by nkf2008

Feb 13, 2013 (3:18 pm)

Just got this lease quote for the XLT with 202A package, around the NY tri-state area
10K per years, 36 months, MSRP: 35825 (with the 2000 incentive included)
 
With only 1800 drive off money, 425 per month.
 
Is this a good deal or is there better deals to be had for this truck ? thx
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