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Mercury Mountaineer Lease Questions

43 messages,  Last post on Nov 02, 2009 at 9:30 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mercury Mountaineer, Car Leasing, SUV


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#34 of 43
Dragging problem with 2007 Mountaineer by uppereye
Dec 14, 2007 (6:28 am)
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I lease a Mercury Mountaineer, There is a problem with a module and ford is not letting people know about it. I lost the use of it for 3 weeks and they will not give me any satisfaction. Their Customer service is Horrible. FORD PUT OUT A LETTER TO SERVICE DEPARTMENTS, BUT DID NOT NOT NOTIFY LEASSEES OR OWNERS. 9,100 miles on this truck. I'm afraid to drive it. Been in the service dept. 3 times for same problem. Anyone with this truck should checxk this out. Has anyone experinced this problem. Engine Dragging and Bucking.
Corrected from last message
  
Sal
#35 of 43
NO ONE REPLYING TO MY MESSAGE by uppereye
Dec 19, 2007 (9:11 am)
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Is this site still active
 
Sal
#36 of 43
Mountaineer Lease End - To Buy or Not to Buy by Crickets
Oct 29, 2009 (11:22 pm)
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My 36-month,15K miles per year, lease on a 2007 Mercury Mountaineer is coming to an end in December. The Mercury is in good condition and has ~39K miles on it.
 
I'd like to either buy the Mountaineer or a different CPO vehicle. I'm leaning toward returning the Mercury and just buying a different CPO vehicle in order to get a vehicle with a slightly smaller profile and better gas mileage. On my short-list are the used Toyota RAV-4 and used Subaru Forester.
 
The buy-out price on the contract for the Mountaineer is just under TMV value, so it seems like a good deal. But, I don't feel as confident in the long term reliability of the vehicle and I'm not in love with the gas mileage. However, if I got a good deal, I would be inclined to keep the Mountaineer since I know its history. I don't imagine I can get them to negotiate on the buy-out price since its below TMV. Are there any other options such as a low finance rate? I plan to put down around $8K toward whatever I end up getting.
 
My Mountaineer lease is my first leasing experience. I'm anxious about possible surprise charges if I try to return the vehicle back. I bought the additional wear and tear coverage that gives me an additional $2500 in leeway. But, I still worry that if they find out I plan to return the car, they'll scrutinize and charge me for anything and everything imaginable. I know this is likely me being paranoid since as I mention the vehicle is in good condition.
 
How much of any of this should I share with the lease people when I call to discuss setting up the vehicle inspection and discussing lease end options?
 
Any advice is appreciated.
 
Thank you in advance,
Crickets
#37 of 43
Re: Mountaineer Lease End - To Buy or Not to Buy [Crickets] by jayrider
Oct 30, 2009 (1:51 pm)
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Replying to: Crickets (Oct 29, 2009 11:22 pm)

Check out the edge awd. If you lease keep the 8k in the moneymarket and put zero down. Pay the extra monthly payment out of the 8k --- you protect yourself if the car is totaled. Ford has ok rates on leases.
#38 of 43
Re: Mountaineer Lease End - To Buy or Not to Buy [jayrider] by Crickets
Oct 30, 2009 (3:03 pm)
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Replying to: jayrider (Oct 30, 2009 1:51 pm)

Well - I wasn't really looking to lease again. I'd really prefer to buy either a used CPO or the Mountaineer. Any thoughts that don't involve re-leasing?
#39 of 43
Re: Mountaineer Lease End - To Buy or Not to Buy [Crickets] by jayrider
Oct 30, 2009 (3:28 pm)
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Replying to: Crickets (Oct 30, 2009 3:03 pm)

Absolutely buy new. Nice low mileage cars are going for insane prices. What kind of vehicle are you interested in and price range?
#40 of 43
Re: Mountaineer Lease End - To Buy or Not to Buy [jayrider] by Crickets
Oct 30, 2009 (3:40 pm)
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Replying to: jayrider (Oct 30, 2009 3:28 pm)

Had the following of vehicles on my short list:
 
Toyota RAV-4
Subaru Forester
Ford Escape
Honda CR-V
 
But was thinking I'd have to buy used in order to stay around $20K
#41 of 43
Re: Mountaineer Lease End - To Buy or Not to Buy [Crickets] by jayrider
Oct 30, 2009 (4:00 pm)
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Replying to: Crickets (Oct 30, 2009 3:40 pm)

Maybe not -- click on my name and go to my carspace and request we be friends. I can help you check them out -- don't know if this forum is for car shopping.
#42 of 43
Re: Mountaineer Lease End - To Buy or Not to Buy [Crickets] by jayrider
Oct 31, 2009 (5:14 am)
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Replying to: Crickets (Oct 30, 2009 3:40 pm)

Do you need awd? If fwd is ok then you probably find something decent at 20k. Go to overstock .com and click on autos. Put in your zip and click on bargains. Saw a base 09 crv for around 20k in my area. They give you dealers who honor the price. Kia rondo is rated well. There are 09's of your model preferences around at prices around 20k.2010 4wd escape base for 21500. 09 should be less. Kia rondo ex at 19500 nicely equipped lx base like 17k. Lots of choices -- have fun.
#43 of 43
Re: Mountaineer Lease End - To Buy or Not to Buy [jayrider] by Crickets
Nov 02, 2009 (9:30 am)
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Replying to: jayrider (Oct 31, 2009 5:14 am)

Thanks very helpful!
 
So, you agree that I'm better off buying another car rather than buying the mountaineer at lease end (e.g. buying something different in order to lower overall operating costs is better deal)?

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