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Ford Fusion Lease Questions

393 messages,  Last post on May 20, 2013 at 5:05 PM

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What is this discussion about? Ford Fusion, Car Leasing, Sedan

    

Messages Page 30 of 40

#288 of 393 2012 Fusion SEL Lease by xfinityguy

Jun 06, 2012 (7:12 pm)

I was approved for a Tier 1 Ford Motor Credit lease. I first looked at a Ford Fusion SE with Sun and Sync Package as this is what they were advertising on TV. With a 10,500 mile lease on 24 months, my payment would be 192.94 (w tax) and $2740.72 Down due at signing including first month payment. I get Xplan pricing with my work and they told me this is the absolute best deal I can get. The residual is $15790.95 which is 63%.
 
The second option to my surprise was to lease an SEL (fully loaded w/o appearance pack) model Fusion for 194.96 for 24 months with a residual of $18,851.20. 62%. Same down payment. I am trying to understand with Xplan pricing if this is a good deal on either of these. I would like a 12,000 mile lease, but it will be roughly be about $12 a month they said would take my payment to $208. I have to bring the car back tomorrow and make a decision. I was going to ask them to split the difference on the mileage extra so I could stay at $199. The residual seems high on these but I will probably turn the car in because I will be upside down at the lease turn in. What are anybodys thoughts on these? Should I go for it with the xplan or am I getting taken? Please help. I am a first time lease customer. Also, the manager said the xplan was $125-150 above invoice and I am getting the "best deal anybody can get". Thanks.

#289 of 393 Ford Fusion SEL lease 24 months, 10500 miles, Please HELP?! by xfinityguy

Jun 06, 2012 (7:15 pm)

I was approved for a Tier 1 Ford Motor Credit lease. I first looked at a Ford Fusion SE with Sun and Sync Package as this is what they were advertising on TV. With a 10,500 mile lease on 24 months, my payment would be 192.94 (w tax) and $2740.72 Down due at signing including first month payment. I get Xplan pricing with my work and they told me this is the absolute best deal I can get. The residual is $15790.95 which is 63%.
  
The second option to my surprise was to lease an SEL (fully loaded w/o appearance pack) model Fusion for 194.96 for 24 months with a residual of $18,851.20. 62%. Same down payment. I am trying to understand with Xplan pricing if this is a good deal on either of these. I would like a 12,000 mile lease, but it will be roughly be about $12 a month they said would take my payment to $208. I have to bring the car back tomorrow and make a decision. I was going to ask them to split the difference on the mileage extra so I could stay at $199. The residual seems high on these but I will probably turn the car in because I will be upside down at the lease turn in. What are anybodys thoughts on these? Should I go for it with the xplan or am I getting taken? Please help. I am a first time lease customer. Also, the manager said the xplan was $125-150 above invoice and I am getting the "best deal anybody can get". Thanks.

#290 of 393 Re: 2012 Fusion SEL Lease [xfinityguy] by temj12

Jun 07, 2012 (11:03 am)

Replying to: xfinityguy (Jun 06, 2012 7:12 pm)
I recently looked at leasing for the first time. With the Z plan and 10,500 annually 24 month lease on a Fusion Sport list 31,690, the payment with taxes was 294 with 0 down. This was two weeks ago. The residual is high, which surprised me due to the model change. I would think that it would have been lower than that. I live in Nashville, Tennessee which has a 7% state tax and $100 max local tax. They are advertising a package which they call the moon and tune package in Detroit on an SEL that would probably be a little less than that. Your 2740 due at signing adds another 114 per month charge when spread out.

#291 of 393 2013 Ford Fusion lease details by chad75

Jun 09, 2012 (3:28 pm)

Even though the new 2013 Ford Fusion is not yet available, is it possible to acquire lease details for the vehicle, particularly the residual value and money factor details? We plan to lease a 2013 Fusion SE 1.6L EcoBoost 6-speed manual (10k or 12k miles per year) for 36 months (or 48, depending on the deal).
 
While we are on the subject of new Fusion, is it better to wait until the car has been on the market for a bit before jumping at a lease (to get the best deals), or does Ford often offer great deals when new cars are first introduced? My wife and I have owned 19 cars between the two of us, but neither of us has ever leased a car!
 
Thank you!

#292 of 393 Re: 2013 Ford Fusion lease details [chad75] by Car_man HOST

Jun 18, 2012 (5:08 pm)

Replying to: chad75 (Jun 09, 2012 3:28 pm)
I should be able to give you an idea of what this car's current lease program is like chad75. It varies by region though. What state are you in? I can tell you that its current program isn't bad.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#293 of 393 Re: 2013 Ford Fusion lease details [Car_man] by chad75

Jun 18, 2012 (5:25 pm)

Replying to: Car_man (Jun 18, 2012 5:08 pm)
Sorry, I should have put that in the original message: Southwest Florida, specifically Fort Myers (33901).
 
Thank you!

#294 of 393 Re: 2013 Ford Fusion lease details [chad75] by Car_man HOST

Jun 19, 2012 (3:31 pm)

Replying to: chad75 (Jun 18, 2012 5:25 pm)
Don't worry about it chad75, it happens all the time .
 
OK, Ford Credit's June base lease rate and residual value for a 36-month lease of a 2013 Fusion SE 1.6L with 12,000 miles per year are...hmmmmm it appears as though your initial thought was right, I don't believe that Ford has any lease support on the '13 Fusion yet.
 
I'll keep my eyes peeled for it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#295 of 393 2012 Fusion Money Factor by greencardwpb

Aug 19, 2012 (6:45 pm)

Hi Car-man,
 
Can you provide me with the current money factors and residuals for a 2012 Ford Fusion, SE and SEL? I am thinking of leasing one. Also, are you aware of any dealer incentives?
 
Thanks!

#296 of 393 Re: 2012 Fusion Money Factor [greencardwpb] by Car_man HOST

Aug 26, 2012 (8:28 am)

Replying to: greencardwpb (Aug 19, 2012 6:45 pm)
I'd be happy to help you out greencardwpb. Ford Credit's current base lease rate and residual value for a 36-month lease of a 2012 Fusion SE with 15,000 miles per year are 0.75% to 1.25% (depending upon what region you are in) and 51%, respectively.
 
The lease rates would be exactly the same for the SEL, but its residual value would be 1% higher.
 
The cash incentive that is available on leases of this car again varies by region from $1,750 to $2,250.
 
There really isn't much in the way of dealer cash available on this car right now, just $500 on really old models in a couple of Ford's 22 regions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#297 of 393 2012 Ford Fusion SE by balthazar9

Aug 26, 2012 (9:35 am)

Hi Car_man,
 
Could you provide me with residuals and money factors for a 15k/yr and 16.5k/yr leases in the Philadelphia area for a 2012 Ford Fusion SE for 24 and 36 months for this month? I'm not sure if they use a prepay mileage charge for the 16.5k since they would only do 15k, 16.5k, or 18k. The others dealers that do a prepay let you buy any amount.
 
Thanks!

Messages Page 30 of 40

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