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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
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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..
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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
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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 vcopell
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Replying to: carbuyer34 (Jan 01, 2008 8:20 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: vcopell (Jan 04, 2008 2:09 pm) 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 |
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Replying to: vcopell (Jan 07, 2008 3:25 pm) 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
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Replying to: Car_man (Jan 18, 2008 2:24 am) Thanks!
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Replying to: rwarrencfp (Feb 01, 2008 1:47 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Feb 21, 2008 3:02 am) 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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