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Ford F-Series Pickup Lease Questions

211 messages,  Last post on May 22, 2013 at 4:38 PM

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

    

Messages Page 13 of 22

#113 of 211 Re: Early lease turn in program [carbuyer34] by Car_man HOST

Jan 17, 2008 (4:44 am)

Replying to: carbuyer34 (Jan 01, 2008 9:20 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
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#114 of 211 Re: F150 SuperCrew Lease 2008 [vcopell] by Car_man HOST

Jan 17, 2008 (5:04 am)

Replying to: vcopell (Jan 04, 2008 3:09 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
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#115 of 211 Re: *URGENT* F-150 Super Crew [vcopell] by Car_man HOST

Jan 18, 2008 (3:24 am)

Replying to: vcopell (Jan 07, 2008 4:25 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
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Prices Paid: Buying & Leasing Experiences Forum

#116 of 211 Feb Lease Info Needed by rwarrencfp

Feb 01, 2008 (2:47 pm)

Replying to: Car_man (Jan 18, 2008 3:24 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 211 Re: Feb Lease Info Needed [rwarrencfp] by Car_man HOST

Feb 21, 2008 (4:02 am)

Replying to: rwarrencfp (Feb 01, 2008 2:47 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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#118 of 211 Current F-150 Lease Offer by cheeko965

Mar 24, 2008 (8:13 pm)

Replying to: Car_man (Feb 21, 2008 4:02 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.

#119 of 211 Re: Current F-150 Lease Offer [cheeko965] by carbuyer34

Mar 25, 2008 (7:02 am)

Replying to: cheeko965 (Mar 24, 2008 8:13 pm)
I recently called my dealer that advertised a 2008 ford f-150 4x4 supercrew new england edition $269.00 month, 24 months, $2499 down. I would be a return lease customer> I was quoted a payment of $381.00 month 24 months $0 down. I have asked for a quote on paper but still have not recieved it? The msrp is $37,000.00 they have it listed on sale for $29,000.00. So i'm wondering what price I'm being charged when figuring the lease, am i wrong in assuming the lease should be based on the $29,000.00 sales price not the $37,000.00 msrp?
 
I was also told that the Dodge Ram 1500 4x4 quad cab slt is leasing at a better rate is this true!

#120 of 211 Re: Current F-150 Lease Offer [carbuyer34] by mrenadette1

Mar 29, 2008 (8:58 am)

Replying to: carbuyer34 (Mar 25, 2008 7:02 am)
Check out the ads on-line for Portsmouth Ford and Quirk Ford. They are advertising the same truck for around $280 with only acquistion fees, dealer fees and first payment which probably runs about $1K.

#121 of 211 F-150 FX-4 LEASE OFFER by wshful1

Apr 01, 2008 (10:37 pm)

Car_man ,my dealer is offering me an '08 F-150 SC with a MSRP. of $36695 for $348 a mo. after all rebates and $2000 down . This is for 24 mo. and 12000 mi a year. He 'll take in my present lease 2 mo. early. Is this a good deal? thanks

#122 of 211 Re: F-150 FX-4 LEASE OFFER [wshful1] by Car_man HOST

Apr 09, 2008 (3:33 am)

Replying to: wshful1 (Apr 01, 2008 10:37 pm)
Hello wshful1. You never mentioned the selling price of the truck that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the F-150 that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. The market for light vehicles, especially pickups is very weak right now. I suspect that you will be able to negotiate a substantial discount on this truck. If I was in the market for an F-150 right now, I personally would shoot for a selling price of around $500 over dealer invoice minus all of the available cash incentives. You can look up the exact dealer invoice price of the truck that you want by visiting the New Vehicle Pricing section of Edmunds.com.
 
Once you have arrived at a selling price that you are happy with, have the dealer calculate your monthly payment using this truck's current 24 month base lease rate of 0.50% and you're in business.
 
Car_man
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Messages Page 13 of 22

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