Last post on Mar 29, 2010 at 12:34 PM
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Mercury Mariner, Car Leasing, SUV
#19 of 20 Re: Current Lease Rates [gerry2]
Mar 22, 2010 (2:12 am)
Hi Gerry. Ford credit's lease program often varies by region. You never mentioned what state you are in, so for now I will provide you with information on what I believe is the most common program for the vehicle that you are interested in.
Ford Credit's current base lease rate and residual value for a 36 month lease of a Mariner Premier 4WD with 15,000 miles per year are 3.0% and 48%, respectively.
If you were to lease this vehicle with only 12,000 miles per year, its residual value would be 2% higher.
Prices Paid: Buying & Leasing Experiences Forum
#20 of 20 Coming to the end of the lease
Mar 29, 2010 (12:34 pm)
I will make my last payment on a 2008 Mercuyr Mariner in October 2010. How many months in advance to Ford notify you?
Also, how many months would Ford finance you if you want to buy the car? I am not sure if I want to finance the car with Ford or go with Bank of America. I would like to have my payments as cheap as possible. Right now, my lease payment is $362.
My payoff will be $14000, and I only have 5000 miles on the car. Yes, that is correct, only 5000 miles. The car is in perfect condition. I have always taken the train to work, and I basically just drive the car on weekends.
I am in the state of California.