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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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#135 of 151
f150/tundra by carbuyer34
Aug 14, 2008 (4:49 am)
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endlessmoto, I turned in my 2006 f150 xlt supercrew in may. I feel the tundra is a much better truck. The engine blows away the ford 5.4 plus I'm getting close to 17 mpg mountain roads and 19mpg on the interstate. The double cab is smaller than the supercrew but still plenty of space for my bulky body. I also like the interior styling much more comfortable and feels more soild not the plastic feel i got from the ford. At the time the tundra was the best deaL I suggest at least trying the tundra I have the SR5 pkg. and opted to not get the TRD pkg as i mainly stay on the pavement. Good Luck
#136 of 151
05'F-150 Purchase after Lease by dstrange
Aug 15, 2008 (5:09 pm)
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My lease is up at the end of this mo. I would like to purchase the truck.
The residual value is $15,720 and Ford Leasing and dealer are not willing to negotiate that number, even though they will whole sell it out at a much lower cost.
Any guidance
#137 of 151
Re: [endlessmoto] by Car_man HOST
Aug 18, 2008 (2:07 am)
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Replying to: endlessmoto (Aug 13, 2008 7:07 pm)

Hi endlessmoto. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 F-150 SuperCrew XLT 4WD with 12,000 miles per year are 4.75% and 45%, respectively.
 
If I was in the market for this truck right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $3,250 cash incentive that Ford is providing on leases of this truck in your region right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#138 of 151
2008 Ford F250 42k MSRP lease by bullynj
Oct 19, 2008 (7:28 am)
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Im trying to find out what I am going to be looking at on a lease for a F250 with a MSRP of 42k and 2500 down - they are to expensive to purchase and I would like to get a price on a lease.
 
Also considering a F150 for 38k with a lease price if anyone can give me an idea of what it would be .... Thank you!
#139 of 151
I need F-150 Lease Help by mattnday
Jan 05, 2009 (7:29 pm)
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Car_Man
 
I am a business customer who is trying to get the best lease possible on a new Ford F-150. I have several questions but will start with the offer I am considering today:
 
2008 F-150 4X4 XLT CREW
MSRP 39160
Invoice 35596
Track Lease - 42 months - 7.62% - Residual 35% -
Payment - $560.58 + tax
Drive Off of First Payment License and Tire Fee ~1050
Cap Cost - 28344.55
Cap Cost figured with a 5800 rebate and ford a plan pricing of 34144
 
Questions:
 
1)My company has used red carpet business leases and track leases in the last 12 months. Apparently they don't care which direction as long as we get the necessary miles to not get killed on the back end. I drive ~30k per year. With today's programs is their a definitive advantage to redcarpet vs. track?
 
2)I am trying to get the same dealer to quote me this vehicle on a red carpet business lease to see how the terms change. Can you give me the current red carpet business rebates and money factors for the f-150 for 2008 and 2009 models.
 
Thanks in advance for any and all help
#140 of 151
Re: I need F-150 Lease Help [mattnday] by Car_man HOST
Jan 07, 2009 (3:10 am)
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Replying to: mattnday (Jan 05, 2009 7:29 pm)

Hi mattnday. You're in luck. Ford extended the Employee Pricing offer that it was running in December through January 12th. This means that you will be able to get an excellent selling price on the '08 F-150 that you are interested in without having to haggle.
 
Wow, you drive 30,000 miles per year . That's a lot of driving. I believe that the highest mileage allowance that Ford Credit offers is 19,500 miles per year. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
This may be a moot point though, because I don't believe that Ford Credit is offering Red Carped leases on any '08 models other than the Edge at this point. Most banks pull the plug on lease support for leftover models late in the model year because the residual values are so low at that point that providing enough support to arrive at a reasonable payment is very expensive.
 
Ford Credit is leasing the 2009 F-150, but as you know it has been redesigned and it is a completely different truck than the 2008 model. Ford Credit's current base lease rate and residual value for a 39 month lease of a 2009 F-150 SuperCrew 4WD with 19,500 miles per year are 3.5% and an unattractive 36%, respectively.
 
As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#141 of 151
2009 f150 lease by rdb0222
Feb 27, 2009 (9:11 am)
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Hi, I am looking for ford's current lease residual value and lease rate for a 2009 f -150 lariat supercrew 4x4 for 24 mo. and 10,500 mi/per yr. thanks for the help
#142 of 151
Re: 2009 f150 lease [rdb0222] by Car_man HOST
Mar 10, 2009 (2:19 am)
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Replying to: rdb0222 (Feb 27, 2009 9:11 am)

Hi rdb0222. Unfortunately, Ford is not currently providing lease support on the F-150. As a result, leasing this truck right now is going to be very expensive. Unfortunately, it appears as though the days of reasonable leases on pickups are over.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#144 of 151
ford lease end problems //nightmares by cheatedtoo
Aug 22, 2009 (8:34 am)
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I had leased Ford products for 10 years. I had never been charged for any damage (or so I was told) on any turn ins when I leased a new vehicle. When I turned in a Mustang I was told there was $1800 in damage but I would be charged $2200. I had a large body shop give me an off site estimate and their price was $425.00. for touch ups. I told the dealer I would not pay their estimate and I would the body shop do the touch ups. They said no. If I did not pay them their price they would turn me in to FMCC and they would ruin my credit.....they did.
Three moths later I turned in an Explorer. I had it detailed and it was perfect. I owed for extra miles but, the dealer charged me for the mileage and $800 in body damage. I told them I would pay for the milage but not the fictitious damages. They said I would pay them all of it or they would turn in the full amount to Ford and if I did not pay them the full amount that FMCC would ruin my credit...they did.
Now I was feeling like I was being a target of extortion.
Just a few months later I turned in my F150 super crew...great truck. This time I was so angry I did not speak to anyone at the dealer and just dorpped it off. A week went by and my old salesman...the guy whom I had bought or leased 13 vehicles in 10 years from...called to ask the combo to get in the truck for the keys. I thought they kept that in a file. I was wrong. I told him to contact me with the final info. He or no one at the dealership ever did contact me. But a $17600.00 now the by out for the lease was $17500.00. I called them and ask how I could owe more than the pay off amount. They said they would send me copies of the dealer documents.
When I looked at them I realized someone had changed the terms of my lease and falsly signed my initials in two different locations...actually it was two different sets of initials and not even close to mine. This change the amount of lease mile I paid for up front. I also found that the dealer had charged me for a bad engine ( it was not, I would as an engine mechanic in a dealership and have substaintial engine experience) and $4600 in body damage for scratches in the bed an whatever. I was a lie....I have pictures of when I turned it in.
FMCC said if I did not pay the full amount they would attach my credit file. I told them of the altered lease and sent them a copy of my original. They took off $3500 of the charges but, not for their previous amount of $17600 but instead the took it off an aount of the dealer "turn in sheet" of $18150.00, an amount they previously did not approve. I told them it did not have the engine and body damges I was charged for. They provided me their documents that supported my claim of false damage claims but, said I had to pay them whatever they said of they would ruin my credit....they did
This has gone on for 6 years and they continue to stall. I have since found other cheated by this dealer. Do you have any ideas how to correct this or have you had simmilar problems? Please respond to me here
in the subject window
 
Thanks for your help

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