Ford F-Series Pickup Lease Questions

210 messages,  Last post on May 22, 2013 at 3:18 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

    

#199 of 210 2013 Ford F-150 Supercrew Lariat 5.0L by insidecarbuy

Feb 01, 2013 (6:27 am)

I was very happy with this deal I just got someone. It's very loaded with the 502A package, 3.55 Electronic RR Axle, 20" Chrome Clad Wheels, Lariat Chrome Package (This Makes The Look Of the Truck), Tailgate Step, Pickup Bed Extender, Rubber Mats and Bedliner. MSRP - $51,185 and sale price of $45,690 plus $1,000 Conquest Rebate. Leased it for 36 months/12,000 miles year with not a penny out of pocket = $513.56 Here are the details below...
 
  
CUSTOMER DISCLOSURE
Customer Name: Inside Car Buying WD Deal ID: 788
Sale Vehicle: New 2013 FORD TRKS F-150 4WD W1E SuperCrew Lariat w/AC , Automatic , Odom: 0
  
   
Payment Details
Term 36
Base Payment 513.56
Total Payment 513.56
Purchase Option 32,234.70
MSRP 51,185.00
Est. Miles Per Year 12,000
Termination Fee 200.00
Excess Mileage Charge 0.25
       
       
       
Amount Due at Signing
  
1st Month Payment 513.56
Total Inception Fees 513.56
Rebate as Cap Reduction 1,500.00
Total Drive Off 2,013.56
   
How Inception Fees are Paid
Inception Fees Waived 513.56
Total Credits 513.56
   
Remaining Due (Still Owed) 0.00
   
Total Cash Required on Delivery 0.00
  
   
Tax Information
Customer State: New York Customer County: WESTCHESTER
Type Amount Rate Paid
Cashdown Tax 125.63 8.3750 Capped
Upfront Tax 1,543.62 8.3750 Capped
   
Fee Information
Description Amount Paid
Reg 125.00 Capped
Insp 10.00 Capped
Title 12.50 Capped
DocFee 75.00 Capped

#200 of 210 X-Plan and Lease Question by benson79

Feb 08, 2013 (1:16 pm)

Hi everyone. I'm looking at leasing a new F-150, and I am eligible for the X-Plan discount through work. Based on searching local dealer inventory and finding the same truck on cars.com, I see the same trucks advertised for less on cars.com. I haven't used the X-Plan discount before, so I was just wondering if in reality it would wind up costing less with the X-Plan than the advertised price. The X-Plan documentation says it is still eligible for incentives and other rebates, which is usually why the advertised prices are lower in the first place.
 
Thanks for your help. Obviously I can as a dealer this question as well, but I hate looking like a tool when I'm going to buy something. I like as much information as I can get before going in. My last couple of cars that I've bought or leased have been pretty smooth because I've had the information before heading in. Thanks again!

#201 of 210 2013 F150 - Money Factor/Residual by ca555

Mar 01, 2013 (3:18 pm)

Hi CarMan... do you have the latest money factor and residual for the 2013 F150 XLT SuperCrew 2WD? 36mo lease, 12K miles per year. Thanks!

#202 of 210 FX4 money factor ??'s by jbair14

Mar 02, 2013 (7:23 am)

Car man,
 
I'm looking at leasing a '13 FX4 ecoboost, when I was at the dealer yesterday I feel like I wasn't getting the correct answer on the money factor. I was around 16k for the difference between truck OTD to the 62% residual rate. The money factor for my tier shown on fords sheet was at 2.5% for 36mos. They kept coming out with a monthly payment of around 530/month. When I calculate that, that's an interest rate of 12% so I walked. Am I missing something or are they trying to really screw me. The sales manager says he doesn't know how they get the numbers that's just what the computer spits out.

#203 of 210 Re: FX4 money factor ??'s [jbair14] by kyfdx HOST

Mar 02, 2013 (8:34 pm)

Replying to: jbair14 (Mar 02, 2013 7:23 am)
You are paying finance charges on an average of the purchase price and the residual, not the difference between the two.
 
At the start of the lease, you borrow the purchase price, and pay that down to the residual amount, over the term of the lease.

#204 of 210 Re: 2013 F150 - Money Factor/Residual [ca555] by Car_man HOST

Mar 24, 2013 (1:52 pm)

Replying to: ca555 (Mar 01, 2013 3:18 pm)
Here you go ca555. Ford Credit's March base lease rate and residual value for a 36-month lease of a 2013 F-150 Super Crew XLT 2WD with 12,000 miles per year are 1.75% to 2.5% (they vary by region) and 60%.
 
The lease rates for the 4WD are the same, but the residual value is 2% higher, at least partially offsetting the cost of getting 4WD so you may want to consider going that route.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#205 of 210 One-Pay Lease by careyd38

May 01, 2013 (3:03 pm)

Car_man - Can I save much by paying my entire lease payment upfront? I am looking at a 2013 F-150 2wd Supercrew Lariat with the Ecoboost. Thanks!

#206 of 210 Re: Ford F-Series Pickup: Lease Questions [Car_man] by rickny1971

May 11, 2013 (1:21 pm)

Replying to: Car_man (Aug 31, 2005 3:57 am)
Looking to trade in a 2010 Nissan Frontier with positive equity (financed) of at least $1500. Looking at an F-150 SuperCrew 4WD Lariat with EcoBoost, 502A, 3.55 E-locker, Tailgate step and Lariat Chrome.. With current incentives, curious what the current MF and residual is for a 36 mo lease with 16,500 miles. Additionally, should I apply cash for CCR on it?
 
This is my first lease prospect -- never done it before.. I'm in NY - Sales Tax is 8.625%
 
Can qualify for student graduate (earned MS in Aug 2011) as well as same-house lease incentive.
 
Thanks,
Rick

#207 of 210 Re: Ford F-Series Pickup: Lease Questions [rickny1971] by rickny1971

May 19, 2013 (12:39 pm)

Replying to: rickny1971 (May 11, 2013 1:21 pm)
Questions on the following lease offer... Rather confused about how the dealer arrived at the numbers for this lease.. Hoping someone can explain some of it (New York).
 
2013 F-150 Lariat 145" WB 4WD SuperCrew
Lariat Chrome Package
EcoBoost V6
Equip Group 502A
3.55 E-Lock Axle
 
MSRP as stated on the offer is 51,380
Negotiated Price is 47,000
36 months / 15K-yr / 2.5% APR / 60% Residual (30,828)
 
Trade: 17000 - Payoff 15061 = $1,939 Positive Equity
Competitive Lease Conquest: (1,000)
Cash Deposit: $200
Add'l Cap Cost Reduction: $2,000
 
Acquisition Fee: $645 - Upfront: NO
Govt Fees: $22.50
Taxes: $1571.29
Doc Fee: $75.00 - Upfront: YES
 
Monthly Payment: $459.04
 
For the life of me, I cannot figure out how this monthly payment was obtained. The only thing I can think of is the dealer calculated the payment with the tax rolled into the financing of the lease -- that gets me close to the value. Also believe acquisition fee was rolled into the financing as well..
 
Any ideas? Help would be appreciated. NY is a complicated state when it comes to taxes on leases.
 
-R

#208 of 210 Re: One-Pay Lease [careyd38] by Car_man HOST

May 20, 2013 (4:44 pm)

Replying to: careyd38 (May 01, 2013 3:03 pm)
Hi careyd38. Many banks do offer lower interest rates on leases that are paid entirely in advance. I do not know Ford Credit's specific policy on this matter though.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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