Ford Mustang Lease Questions

199 messages,  Last post on May 15, 2013 at 7:22 PM

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

What is this discussion about? Ford Mustang, Car Leasing, Coupe, Convertible

    

#132 of 199 Re: Please assist with my lease deal [rdel1] by Car_man HOST

Jul 20, 2011 (3:46 pm)

Replying to: rdel1 (Jul 01, 2011 7:17 am)
Hi rdel1. I see that you mentioned receiving a $1,000 and a $750 cash incentive taken off of this car's price, but you never mentioned anything about a dealer discount. You really should be able to negotiate an additional discount on top of any available incentives.
 
The lease rate that you mentioned sounds a little high as well. Ford Credit's current base lease rate for a 39 month lease of a 2012 Mustang is only 2.5%. Make sure that the dealer uses this rate to calculate your car's payment.
 
If the color that you want is really in demand then yes the fact that it was discontinued could be a disadvantage during negotiations.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#133 of 199 Re: July Lease Numbers: 2012 Mustang [ajpbf7] by Car_man HOST

Jul 20, 2011 (3:48 pm)

Replying to: ajpbf7 (Jul 19, 2011 6:59 pm)
I'd be happy to help you out, ajpbf7. Ford Credit's July buy rate lease money factor and residual value for a 2012 Mustang Base V6 Coupe with 10,000 miles per year are 2.25% and 56%, respectively.
 
The numbers for an otherwise identical 24 month lease are 0.25% and 62%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#134 of 199 Re: Please assist with my lease deal [rdel1] by vaibhave

Jul 30, 2011 (6:36 pm)

Replying to: rdel1 (Jul 01, 2011 7:17 am)
Hi rdel1,
 
You mentioned $1000 lease incentive.
Which is this incentive?
I am going to LEASE a Ford Mustand 2012 convertible next month. It is in build right now. I am able to get the $750 Ford coupon off, but the dealer never mentioned the $1000 lease incentive.
 
Can you give me the details on the $1000 lease incentive?
Thanks
Vaibhave

#135 of 199 Re: Please assist with my lease deal [vaibhave] by edamon

Aug 02, 2011 (4:07 am)

Replying to: vaibhave (Jul 30, 2011 6:36 pm)
the program is called Lease Conquest - it's $1000 incentive (on top of any other cash back programs). To qualify you just need to lease the car with a bank other than ford (which has no real lease programs for the GT).
 
So right now there is $1500 cash back + $1000 lease conquest money -- and any other incentives (order a brochure by mail and you'll get a $750 coupon).
 
If you have own other Fords, there is loyalty cash of $1000 as well.
 
So you're looking at $4250 in incentives. Use truecar.com to get the best price in your area (often lower than invoice or x-plan) and you'll buy the car for at least $4250 under invoice. US Bank's lease program is 64% residual and .00182 (~4% interest) which is pretty healthy. You can pick up the car with no down (less incentives) and just drive off in the very low $300/mo range tax included.
 
d

#136 of 199 Re: Please assist with my lease deal [edamon] by ajpbf7

Aug 02, 2011 (8:49 am)

Replying to: edamon (Aug 02, 2011 4:07 am)
edamon,
 
Are you sure the $1500 cash back can be used on a lease? I was told that only $250 was available in "lease cash" + the $1000 conquest cash. the sales manager printed out a sheet that said cash back was for purchase only. Do you know of an easy way to find out which dealers use US Bank as an alternative to Ford, in terms of leasing the Mustang GT?

#137 of 199 Re: Please assist with my lease deal [ajpbf7] by qbrozen

Aug 02, 2011 (9:30 am)

Replying to: ajpbf7 (Aug 02, 2011 8:49 am)
that usually is the case. Cash back and lease cash are typically for different purposes. Edmunds doesn't list any cash back, unfortunately, so no help there.

#138 of 199 Re: July Lease Numbers: 2012 Mustang [Car_man] by vaibhave

Aug 02, 2011 (12:12 pm)

Replying to: Car_man (Jul 20, 2011 3:48 pm)
Hi Car_man,
 
What are the lease money factor and residual, for 2012 Ford Mustang V6 premium convertible. This is for a 10,500 miles per year and 36 month Lease.
My dealer quoted 3.25% and 54% residual. Are these correct?
 
Thanks
Vaibhave

#139 of 199 Re: Please assist with my lease deal [edamon] by vaibhave

Aug 02, 2011 (12:14 pm)

Replying to: edamon (Aug 02, 2011 4:07 am)
Thanks Edamon for your reply.
I will definitely inquire with US Bank to find out their lease rates.

#140 of 199 Re: July Lease Numbers: 2012 Mustang [vaibhave] by Car_man HOST

Aug 03, 2011 (4:11 pm)

Replying to: vaibhave (Aug 02, 2011 12:12 pm)
Hi Vaibhave. Ford Credit's current base lease rate and residual value for a 2012 Mustang V6 Convertible with 10,500 miles per year are 2.25% and 53%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#141 of 199 Re: July Lease Numbers: 2012 Mustang [Car_man] by vaibhave

Aug 03, 2011 (5:49 pm)

Replying to: Car_man (Aug 03, 2011 4:11 pm)
Thanks Car_man, for your reply.
Where can I get these lease numbers from, which I can then show to my dealer.
Is there a website which lists these numbers.
Or Should I call the Ford Credit company itself and ask in writing for their leasing rates.
 
Thanks
Vaibhave
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