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Ford F-Series Pickup Lease Questions

142 messages,  Last post on Mar 10, 2009 at 3:19 AM

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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#138 of 142
2008 Ford F250 42k MSRP lease by bullynj
Oct 19, 2008 (8:28 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 142
I need F-150 Lease Help by mattnday
Jan 05, 2009 (8:29 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 142
Re: I need F-150 Lease Help [mattnday] by Car_man HOST
Jan 07, 2009 (4:10 am)
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Replying to: mattnday (Jan 05, 2009 8:29 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 142
2009 f150 lease by rdb0222
Feb 27, 2009 (10:11 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 142
Re: 2009 f150 lease [rdb0222] by Car_man HOST
Mar 10, 2009 (3:19 am)
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Replying to: rdb0222 (Feb 27, 2009 10:11 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

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