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Ford F-Series Pickup Lease Questions

151 messages,  Last post on Oct 02, 2009 at 8:41 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Ford F-150, Ford F-250, Ford F-350, Car Leasing, Truck


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#110 of 151
Early lease turn in program by carbuyer34
Jan 01, 2008 (8:20 am)
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I received a notification from my dealer Berlin City that ford has a early bird lease program that would allow me to turn in my vehicle early as long as I leased another ford product. I currently lease a 2006 f 150 supercrew xlt 4x4 I pay 292.00 and paid $2000.00 up front for 24 months 10,500 miles a year the lease is up in april 2008.
 
I would like to lease the same vehicle which Berlin city has listed for $28,999.00 which includes the 2500.00 consumer rebate the msrp is $35,670.00 I would want to lease this vehicle for 24 months. Can someone explain the ford early bird lease program to me and figure out what the new lease would cost? I know its easier too just call the dealer but i like to be informed as much as possible before talking too any salepeople thanks! Oh i live in NY if that helps..
#111 of 151
F150 SuperCrew Lease 2008 by vcopell
Jan 04, 2008 (2:09 pm)
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Dear Car Man:
 
I am looking to buy F-150 SuperCrew. I am able to negotiate the following:
  
Cap cost - Purchase: $25,400 (after $4100 rebate)
(If they give me loan, it would be at 4.9% but I have to give up $1,500 in rebate)
 
CAP Cost - Lease: $26,900 with rebate.
Zip Code: 75006 (Dallas Texas)
  
I want to talk Lease Option with them for 3 yr with 45,000 miles. My credit is Excellent.
 
1: What are the MF and other costs that I should be worried about? They did say that the lease would be calculated at 4.75%. Is that equivalent to MF = 4.75% / 2400 = 0.001979?
 
2: What is the residual for this car?
 
3: What other things should I be careful about?
  
Can you please guide me here?
 
Also, if there are other pick-up trucks, I rather entertain instead of this, please suggest.
  
Thanks, vick
#112 of 151
*URGENT* F-150 Super Crew by vcopell
Jan 07, 2008 (3:25 pm)
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Dear Car Man:
  
I am looking to buy F-150 SuperCrew. I am able to negotiate the following:
   
Cap cost - Purchase: $25,400 (after $4100 rebate)
(If they give me loan, it would be at 4.9% but I have to give up $1,500 in rebate)
  
CAP Cost - Lease: $26,900 with rebate.
Zip Code: 75006 (Dallas Texas)
   
I want to talk Lease Option with them for 3 yr with 45,000 miles. My credit is Excellent.
  
1: What are the MF and other costs that I should be worried about? They did say that the lease would be calculated at 4.75%. Is that equivalent to MF = 4.75% / 2400 = 0.001979? Does this not seem high?
  
2: What is the residual for this car?
  
3: What other things should I be careful about?
   
Can you please guide me here?
  
Also, if there are other pick-up trucks, I rather entertain instead of this, please suggest.
   
------------------------------------Toyota TUNDRA QUESTION -------------------------
2008
4.7L, Double Cab
Bedliner
Tint
Running board
Price quoted after Toyotal rebate: $25,411
MF: 0.00029
 
Can you please comment on the Toyotal Tundra as well please? I am looking to make sure that the MF and Residual are correct. They have not given me the residual yet.
---------------------------------------------
 
Thanks, vick
vcopellyahoo.com
#113 of 151
Re: Early lease turn in program [carbuyer34] by Car_man HOST
Jan 17, 2008 (3:44 am)
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Replying to: carbuyer34 (Jan 01, 2008 8:20 am)

Hi carbuyer34. Ford's "early bird" program lets current Ford Credit lessees of select models out of their contracts a couple of months early for free if they purchase or lease a new Ford division vehicle. Let's crunch some numbers and what the lease payment would be like on a new truck. According to my calculations, if you were to lease a 2008 Ford F-150 Super Crew XLT 4WD that has an MSRP of $35,670 and a selling price of $28,999 through Ford Credit right now for 24 months with 10,500 miles per year its zero down, pre-tax monthly payment would be around $462. I used a lease rate of 3.5% and a residual value of 55% to arrive at this monthly payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#114 of 151
Re: F150 SuperCrew Lease 2008 [vcopell] by Car_man HOST
Jan 17, 2008 (4:04 am)
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Replying to: vcopell (Jan 04, 2008 2:09 pm)

Hi Vick. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Ford F-150 Super Crew 4WD with 15,000 miles per year are 3.5% and 52%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for vehicles. You can convert its published rates into approximate money factor equivalents by dividing them by 2400. So a lease rate of 3.5% would be equivalent to a money factor of around .00146.
 
The most important thing to negotiate on a lease is your vehicle's selling price. You shouldn't have any trouble getting this truck for close to dealer invoice and then have the dealer subtract any available cash incentives from that. You can look up the exact invoice price of your truck by visiting the New Vehicle Pricing section of Edmunds.com.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#115 of 151
Re: *URGENT* F-150 Super Crew [vcopell] by Car_man HOST
Jan 18, 2008 (2:24 am)
Reply

Replying to: vcopell (Jan 07, 2008 3:25 pm)

Hey Vick. According to the latest information that I have seen, Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Ford F-150 Super Crew 4WD with 15,000 miles per year are 3.5% and 52%, respectively. A lease rate of 3.5% is equivalent to a money factor of .00146 (3.5 / 2400).
 
If you're looking for suggestions about what large pickup to get, you should also check out the Toyota Tundra (I see that you are already looking at it) and the Chevrolet Silverado / GMC Sierra. These two trucks are probably the best vehicles in this segment right now.
 
The residual value for a 36 month lease of a 2008 Toyota Tundra Double Cab 4WD with 15,000 miles per year is 56%. The problem is that unlike most banks, including Ford Credit, which allow lessees to residualize all factory installed options, Toyota Financial Services places restrictions upon which options can be residualized making it difficult to calculate vehicles' dollar residual values. It's so difficult that Toyota provides dealers with a list of dollar residual values for the vehicles that they have in stock rather than having them calculate them themsevles using the percentages.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#116 of 151
Feb Lease Info Needed by rwarrencfp
Feb 01, 2008 (1:47 pm)
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Replying to: Car_man (Jan 18, 2008 2:24 am)

Hey CarMan, do you have the Ford APR for February? How about the residual for an F-150 4x4 XLT on a 36 month 15k mile/year lease?
 
Thanks!
#117 of 151
Re: Feb Lease Info Needed [rwarrencfp] by Car_man HOST
Feb 21, 2008 (3:02 am)
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Replying to: rwarrencfp (Feb 01, 2008 1:47 pm)

Here's the info that you're looking for, rwarrencfp. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 F-150 Super Cab XLT 4WD are 2.25% and 47%, respectively. This F-150's lease program varies by trim level. Its numbers for an otherwise identical lease of a Regular Cab would be 4.25% and 39%. The Super Crew numbers would be 3.5% and 52%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#118 of 151
Current F-150 Lease Offer by cheeko965
Mar 24, 2008 (7:13 pm)
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Replying to: Car_man (Feb 21, 2008 3:02 am)

Car_man,
I live in Salt Lake City and recently saw a commercial for leasing an F-150. The offer was for a 4x4 crew cab F-150, 24 month lease, $249/mo. I was not able to see what the milage allowance was or if there was a downpayment.
 
Could you please comment on this lease, as it seems too good to be true, and what other aspects of the lease I should find out about.
 
Thank you.

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