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Ford F-Series Pickup Lease Questions

206 messages,  Last post on May 11, 2013 at 1:21 PM

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

    

Messages Page 2 of 21

#6 of 206 Re: 2005 F150 Lease Q's [Car_man] by hey765

Sep 20, 2005 (9:08 am)

Replying to: Car_man (Sep 20, 2005 3:29 am)
Thanks Car_man! Useful information. I have always bought, never leased. Do dealerships typically lease used vehicles? I was under the impression they don't and only smaller used car lots would do that? Part of what I'm trying to do is use Ford Credit as a way to improve my credit and being they are mainstream, they are better to have as a lender rather than what a used car lot would provide for a high credit risk person.
 
I agree, 14% is extremely high and if my credit were to be approved at that rate I most likely would not do the lease. It is the worst case scenario in light of recently discharged bankruptcy...
 
Thanks again,
Hey765

#7 of 206 Ford's leasing WearCare protection, pricing by hey765

Sep 26, 2005 (11:17 am)

Hi,
 
I did get a great rate for leasing the F150 ( 8.5%, Ford Tier 1). I am concerned with what happens when I turn it in. I kinda feel vulnerable to nit picking adding up to thousands of dollars at the dealer. Ford has a Wear Care program which they are pricing to me at $26.67/month on a 24 month lease. I was wondering what other people have paid, how they set that and if people have negotiated it down. I seem to remember seeing it on a website by ford or ford credit listing $15 - $20.month to get the $2500 worth of protection. Of course the dealership is saying if you have it, they pretty much wave the car through at the end of the lease, otherwise they nit pick. No pressure to buy that .
 
Anybody ever negotiate it or have more information on how they calulate it: flat fee for all cars and trucks or?
 
Thanks

#8 of 206 Re: Re: 2005 F150 Lease Q's by Car_man HOST

Oct 05, 2005 (2:50 am)

No problem Hey765. Some banks, including a number of manufacturers' captive finance companies lease used vehicles. The problem with leasing used vehicles is that they often end up costing more, or around the same, to lease as equivalent new models. This is because automakers provide support in the form of low interest rates, cash incentives, and inflated residual values on many new vehicle leases but they rarely do so on used vehicle leases. BMW is one of the few manufacturers that I can think of that has a fairly attractive used vehicle lease program.
 
Car_man
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#9 of 206 Re: Ford's leasing WearCare protection, pricing by Car_man HOST

Oct 05, 2005 (2:54 am)

I'm glad to hear that you ended up getting a decent interest rate, hey765. Don't worry too much about being nit picked about your truck's condition when you return it at the end of your lease. Most captive finance companies, like Ford Credit, are very reasonable when evaluating the condition of vehicles at the ends of leases. Of course, if your tires are really bald or your truck has some huge dents or scratches you will be charged for them, but the last thing that Ford wants to do is nickel and dime you to death, make you mad, and end up losing your future business.
 
Car_man
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#10 of 206 XLT lease by irg

Oct 18, 2005 (8:44 am)

Was wondering about the details of this lease I saw advertised. A F-150 XLT 4x4 (I think a supercab, not sure) for $199/month for 24 months. Couldn't tell if there was anything down or not. Anyone know of this deal? Seems good to me.
 
Also, can car seats be used in a supercab, or do they only work with a quad cab?

#11 of 206 Re: XLT lease by Car_man HOST

Oct 30, 2005 (8:36 am)

Hello irg. I have not seen the specific advertised lease that you mentioned in your post, but I can calculate exactly how much it would cost to lease any F-150 that you want, exactly as you want it equipped. Look up the full MSRP of the truck that you are interested in in the New Vehicle Pricing section of this site. Then stop by the following discussion to get an idea of how much you should pay for the truck that you want: /WebX?14.ef17d3a. Once you have an idea of the MSRP and selling price, let me know and I will estimate how much this truck should cost you to lease using Ford's actual lease program.
 
Car_man
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#12 of 206 i've leased several trucks from ford by m2bord

Nov 17, 2005 (11:59 am)

i've had a couple of trucks leased from ford before.
 
one of them i had zero problems with..the last one i hated the dealer because they pulled a switcheroo on me. we negotiated on one vehicle and they found a cheaper one with the same exterior, hid the window sticker and i was none the wiser until i found the sticker more than a week later tucked under the passenger seat.
 
i told ford motor credit immediately what happened and the absolved me from returning the car back to that dealer.
 
however...i live in texas and my understanding is that we have a different ford lease program here called the red carpet option.
 
i've always negotiated the price on the truck first and then work out leasing details after we've settled on the price.
 
then in the f&i room i go over every square inch about the lease details. if i see something i don't like...i don't sign or i just walk out.
 
i owe the dealer nothing. and if they want my business they'll meet my terms.

#13 of 206 2006 f-150 leasing price by buckeyechad

Dec 03, 2005 (11:10 pm)

in the market for full size truck and looking at f150 super crew cab. msrp is 31160 with sale price of 24000 and putting 2000 dollars down. would appreciate any advice or assistance

#14 of 206 2005 and 2006 F-150 lease by corrad

Dec 06, 2005 (7:38 pm)

Hi car_man,
 
Do you know what is the current money factor and residual value on the F-150 fro 36 months (for both 2005 and 2005 models)? Can the $4000 offered by Ford be used to toward the calculation of the negotiated price? Thank you.

#15 of 206 Re: 2006 f-150 leasing price [buckeyechad] by Car_man HOST

Dec 11, 2005 (8:14 am)

Replying to: buckeyechad (Dec 03, 2005 11:10 pm)
Hi buckeyechad. I would be happy to give you an idea of what sort of lease payment you can expect to pay for this truck. Its exact payment will depend upon how long you want to lease it for and how many miles per year you are allowed to drive it though. Let's say that you were to lease a 2006 Ford D-150 Super Crew XLT 4WD with an MSRP of $31,160 and a selling price of $24,000 through Ford Credit right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $255. With a $2,000 down payment, which I advise against making, the payment for this truck would drop to around $197. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for this truck would be exactly the same, regardless of whether you had put $2,000 down, or had made absolutely no down payment at all.
 
Car_man
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