211 messages,
Last post on May 22, 2013 at 4:38 PM
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Ford F-150, Ford F-250, Ford F-350, Car Leasing, Truck
#35 of 211 2006 Ford F150 Supercrew 4x4 (Lariat)
by colson
Mar 20, 2006 (2:37 pm)
Hey all, I am looking to lease a 2006 F150 4x4 Supercrew (Lariat), basically I'm looking at around 37-40K MSRP. My question is, what would be a good lease payment for this car?
This will be my first car purchase in quite a while, so I've been researching as much as possible, and was wondering what an acceptable lease payment would be?
As well, how exactly does the mileage work for leases? Is there a maximum amount of miles-per-year that you can get added to the lease, and how much does it normally add to your lease payments (I would like to get around 20k a year, if not more).
Thank you all so very much for your responses, and I look forward to reading them! And also thanks for everything that has already been written, it's been a great help!!
#36 of 211 To lease or no to lease...
by jetdx
Mar 20, 2006 (10:03 pm)
I have been suddenly thrown into the market for a new vehicle. My plans all along were to get a truck one day but not this soon. I am a big Ford guy from my short history of buying my own vehicles. I am looking at getting an F-150 4dr supercab 2wd short bed XL or XLT (in the Phoenix, AZ area). I have recently heard that leasing a vehicle isn't as bad now as it used to be. My dad taught me that leases were not a good thing to get into and cause a lot of worrying. I would like to know how good leasing is now. I guess what I am looking for is someone to sell me on a lease instead of buying. THX for any input.
#37 of 211 F-150 Lease Question
by eniver
Apr 05, 2006 (8:12 pm)
I am thinkning about leasing an 06 F-150 FX4 Reg Cab flareside with a sticker of 33K and a selling price of 25-26K, what would a lease payment be if I had nothing down with a 24 month term and a 10,500 mile limit?
#38 of 211 Re: 2006 Texas F150 supercrew deal [longhornlimo]
by Car_man HOST
Apr 23, 2006 (8:25 am)
Hi longhornlimo. Ford's Red Carpet Option program is what is known in the industry as a balloon note program. Balloon notes are very similar to leases in that the provide consumers with low monthly payments and the option to purchase their vehicles after a specific period of time for a specific price. The main difference between balloon notes and leases is that with leases your bank's name is on the vehicle's title, while with balloon notes yours is. Unfortunately, given the lack of popularity of balloon notes I do not personally keep tabs on the details of manufacturers' programs. I can tell you what this truck's lease program is like if you want though.
Car_man
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#39 of 211 Re: Ford Direct - SuperCrew XLT 4x4 Lease Question [doctor_t]
by Car_man HOST
Apr 23, 2006 (8:33 am)
Hi doctor_t. Manufacturers' advertised leases are usually decent deals, however they almost always leave a little meat on the bone so to speak. If one thinks about it, it makes sense. Dealers would get pretty annoyed if the manufacturer of the vehicles that they sell went around advertising the thinnest possible deals. Consumers who are in areas with a decent level of competition are almost always able to negotiate lower selling prices on vehicles than the ones that their advertised lease payments are based upon.
Consumers who qualify for Ford's X-Plan can lease vehicles. If you are able to get the special x-Plan price for this truck, its lease payment will almost certainly be lower than the one that you saw being advertised.
Car_man
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#40 of 211 Re: 2006 Ford F150 Supercrew 4x4 (Lariat) [colson]
by Car_man HOST
Apr 23, 2006 (8:45 am)
Hi colson. Your lease payment for this truck will vary depending upon what your selling price is for it. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. You may be able to get a good idea of how much you should pay for this truck right now by visiting the following discussion: "Ford F-Series: Prices Paid & Buying Experience". Once you have an approximate selling price that you want to pay, let me know. With this information, as well as your truck's full MSRP, how long you want to lease it for, how many miles per year you need to be able to drive it, and what state you are in I can estimate what your lease payment should be.
The highest mileage allowance that Ford Credit publishes residual values for is 19,500 miles per year. Its 19.5K mi/yr residual values are 3% lower than its 15,000 mile per year residuals. If you need to drive more than this, 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.
Car_man
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#41 of 211 Re: F-150 Lease Question [eniver]
by Car_man HOST
Apr 23, 2006 (8:59 am)
Hi eniver. If you were to lease a 2006 Ford F-150 Regular Cab FX4 4WD with an MSRP of $33,000 and a selling price of around $25,500 through Ford Credit right now for 24 months with 10,500 miles per year, its zero down, pre-tax monthly payment should be around $384.
Car_man
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#42 of 211 Re: F-150 Lease Question [Car_man]
by larry725
Apr 26, 2006 (12:38 pm)
Car Man,
Can you help me with the following to estimate a payment assuming a really high credit score?:
I am considering a 36 month lease on an F150 Super Crew XLT 4X4 with the 5.4 liter.
Sale outline looks like this:
$36,785 MSRP (inc $875 Dest/Delivery)
($6,805) Dealer incentives
Leaves a Vehicle Sale Price Before Rebates of:
$29,981
Other Plug-Ins discussed:
Sales Tax here is 8.75%
$1,045 Title/Reg/Acquisition Fee
($2000) Customer Cash Rebate
($1000) Cash Down Payment ("Perfect Match"-their half)
($1000) Cash Down Payment ("Perfect Match"-my half)
$20,232 quoted Residual Value against miles per year allocation of 10,500 miles
Questions
-What do you get for a payment using those?
-Will all those factory incentives apply to a lease?
-Did I miss any?
-Should I pay a $250 fee they are proposing to buy the car at the end-of term?
-Does Ford still waive security deposits if you have leased from them before?
Thank YOU!
#43 of 211 Re: F-150 Lease Question [larry725]
by Car_man HOST
May 22, 2006 (3:34 am)
I'd be happy to help you out, larry725. Ford's lease program for vehicles often varies depending upon what part of the country one is in. As a result, it would be a big help if you would tell me what state you are in. Ford's cash incentives on this truck vary as well. In some areas, Ford is providing $1,500 lease cash on the '06 F-150 SuperCrew, while in others it has $2,000 lease cash. In most of the country there is $500 Ford Credit bonus cash on this truck in addition to the aforementioned lease cash. The lease-end fee is levied by Ford Credit and the dealer that you are working with has no authority to waive it. I'm not sure if Ford Credit waives its security deposit requirement for returning lessees.
Car_man
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#44 of 211 Re: F-150 Lease Question [Car_man]
by larry725
May 30, 2006 (2:23 pm)
car man: Thanks so much, and sorry to have been away so long. I actually lost my patience with the local dealer returning my e-mails by saying "come on in"....that I bought used. Couldn't be happier. I found an '01 (on the internet) under warranty for 40,000 more miles for about the same money as the 3-year lease would have cost me. Fine by me.