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Mercury Mountaineer Lease Questions

44 messages,  Last post on Nov 15, 2009 at 4:48 PM

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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#11 of 44
2006 Mecury Mountaineer V6 Luxury by tomnic
Aug 29, 2006 (3:19 pm)
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Car-Man
 
I am leasing a 2006 Mercury Mountaineer V6 Luxury Package
 
MSRP w/o DVD is $35,495
X-Plan w/o DVD is $32,828
 
Selling Price with DVD $$33,680 (Also has walnut interior trim, chrome mud guards )(I guess dealer supplied accessories)
 
Rebate $5500
 
Rate 4%
Residual amount $16,925
Mileage 10,500
 
Out of Pocket Money $960.00
 
39 Monthly Payment $419
 
Please confirm if you think acceptable deal or not. Thanks.
#12 of 44
Leasing a Mountaineer by susanw6
Nov 02, 2006 (6:54 am)
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Replying to: tomnic (Aug 29, 2006 3:19 pm)

I heard that the Mountaineer does not have good resale value and therefore would not be a good car to lease. Anyone have any info?
#13 of 44
Mecury Mountainerr:Lease Questions by k239cjr
Dec 03, 2006 (5:30 am)
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Car-Man:
I'm in northeast NJ and looking to lease a 2007 Mountaineer for 36 months and 12,000 yearly. Base price is $29,575 and with options it is $32,400. Invoice is $30,445. Dealer is quoting me National Ad lease rate of $399 per month with $0 down. Seems too high. What is the money factor for this area and residual for this car/area? I was coming up with closer to $360 based on what info I can gather.
#14 of 44
Re: leasing [mcdermott2] by Car_man HOST
Dec 12, 2006 (4:14 am)
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Replying to: mcdermott2 (Jun 21, 2006 7:05 am)

You're welcome, mcdermott2.
 
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#15 of 44
Re: Mountaineer lease [shorebound] by Car_man HOST
Dec 12, 2006 (4:19 am)
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Replying to: shorebound (Jul 26, 2006 9:16 am)

Hello shorebound. Unfortunately, Ford is no longer providing lease support on 2006 Mercury models. If you want a 2006 Mountaineer right now you will either have to pay cash for, taking advantage of the $4,000 in cash incentives that are available on it, or finance it through Ford Credit at 0% for up to 5 years / 1.9% for 6 years plus a $1,000 bonus.
 
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#16 of 44
Re: Leasing a Mountaineer [susanw6] by Car_man HOST
Dec 12, 2006 (4:23 am)
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Replying to: susanw6 (Nov 02, 2006 6:54 am)

Hi susanw6. You're right, Mercury vehicles don't have the best resale values. Ford Credit's residual values for leases of 2007 Mercury models aren't that bad though. I suspect that Ford artificially inflates them a little bit, like automakers often do. Ford Credit's current 36 month, 12,000 mile per year residual value for the 2007 Mercury Mountaineer is 50%, which isn't great but isn't the worst residual that I have ever seen either.
 
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#17 of 44
Re: Mecury Mountainerr:Lease Questions [k239cjr] by Car_man HOST
Dec 12, 2006 (4:30 am)
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Replying to: k239cjr (Dec 03, 2006 5:30 am)

Welcome k239cjr. Most manufacturers' advertised leases leave a little meat on the bone so to speak. You are in a competitive enough market, the New York area, that you should not have much trouble beating the lease that Mercury is currently advertising on the 2007 Mountaineer. If I was in the market for this truck right now, I personally would shoot for $500 over invoice minus any available lease cash. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Mercury Mountaineer with 12,000 miles per year in the New York area are 2.75% and 50%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for vehicles. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
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#18 of 44
Current lease rates by joe134
Feb 05, 2007 (5:02 pm)
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I was hoping you could tell me what the current lease interest rates and residual values are for the Cleveland Ohio market. 36-39 month lease Mountaineer Premier.
 
Thanks Joe
#19 of 44
Current lease rates by stevied32
Feb 19, 2007 (7:29 pm)
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Car-Man-
 
I'm in Northern NJ and my 24 month lease on my Mountaineer is expiring the end of March. I was paying $273 month (w/Tax) for a 2005 Luxury V6, 10,500 miles a year, no money down. This was a great deal and was hoping Mercury would be offering a similar deal now. (my deal in 2005 had the car's purchase price after rebates at $26,600 and the residual value at $21,000)I visited the dealer this week and was disappointed that they wanted $399 for a 24 month lease.Have they drastically reduced the residual values they are offering today compared to two years ago? Do you know of any special programs, rebates, financing they are offering now? Also, if I only need 10,500 miles a year how much will that rise the residual value vs. 12,000 miles a year?
 
Thanks.
#20 of 44
Current Deals by gerry2
May 02, 2007 (11:59 am)
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I notice that the 2007 Mountaineer Premier has $4000 cash rebate plus $195 credit plus Nav/Moonroof discount in the NY metro area. I presume this is all after I negotiate the price to invoice (I got below invoice on my last one). What are the current money factors and residual values for 15k miles and 36 mo. on a V8 AWD. Thanks!
 
Gerry

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