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Mercury Mountaineer, Car Leasing, SUV
#17 of 45 Re: Mecury Mountainerr:Lease Questions [k239cjr]
Dec 12, 2006 (4:30 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.
Prices Paid Forum
#18 of 45 Current lease rates
Feb 05, 2007 (5:02 pm)
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.
#19 of 45 Current lease rates
Feb 19, 2007 (7:29 pm)
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?
#20 of 45 Current Deals
May 02, 2007 (11:59 am)
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!
#21 of 45 2007 Mountaineer Premier
May 12, 2007 (10:16 am)
Looking at a Premier AWD V8 with Nav,DVD,Sunroof, sirius, Class III & roof crossbars. MSRP is $38,680 with Nav/Moonroof discount of $850. My calculations show invoice is $35,458. Deducted from that are total rebates of $5,695. Add in Bank fee of $595 and agreed $500 over invoice. My calculation is much different than the dealers and he says it is because I forgot to add in the tax on the pre-rebate price. Resid is 43% and MF is .00104 (2.5%). I'm under $500 and he's over by about $40. Any idea how to calculate a lease payment while including the tax on the rebates?????
(by the way, I am leasing two vehicles at the same time - am I too generous with $500 over invoice on each?)
#22 of 45 2007 Mountaineer lease Q: priced correctly?
May 16, 2007 (11:56 am)
2007 Premier AWD 6 Cyl, with pwr running boards, adjustable pedals, roof rails, navi/moonroof package, Satellite radio for 3 yrs. Total retail price $ 36815, invoice $34945. I am eligible for retiree A/Z plan price of $33,505. I need extra miles and have been quoted the following: 2 yr 27,000 miles at 455/mo with 845 on delivery, 2 yr 30,000 miles at 471/mo with 881 on delivery or 2 yr 33,000 miles at 487/mo with 878 on delivery. Given the current lease 'deals', extra mileage, term and plan papers, do those monthly prices seem correct? It's hard for me to compare, given that prices quoted in the newspaper are generally for longer terms and lower mileage. Help !!! thanks jim
#23 of 45 Re: Current Deals [gerry2]
May 17, 2007 (2:11 am)
You;re absolutely correct, Gerry. You should be able to negotiate a selling price that is pretty close to dealer invoice on the Mountaineer that you want and then have the dealer subtract any available cash incentives from its price. As far as this truck's lease program goes, Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Mercury Mountaineer Premier AWD with 15,000 miles per year in its New York region are 2.5% and 43%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
Prices Paid Forum
#25 of 45 Re: 2007 Mountaineer lease Q: priced correctly? [jim7485]
May 17, 2007 (2:27 am)
Hi Jim. The fact that you are able to purchase your Mountaineer through Ford's retiree plan should enable you to get a good deal on it without having to haggle. The selling price that you were quoted looks good to me. Just make sure that all of this truck's available cash incentives are deducted from it. Ford's lease program for this truck varies by region. If you tell me what state you are in I would be happy to give you its exact lease program for your area.
Prices Paid Forum
#26 of 45 Re: 2007 Mountaineer lease Q: priced correctly? [Car_man]
May 17, 2007 (4:34 am)
Thanks Car_man: I am in SE Michigan There are several cash incentives, but I don't have them all in front of me. $1000 loyalty as I am turning in a Mountaineer at lease-end and leasing another. Also something like $4500 I think because sales are slow.... ? .... can you verify? The dealer rep faxed me the invoice with lease numbers scribbled on it, so I don't know if all of the available incentives have been deducted. If the A/Z plan price is ~$33,500 and I deduct $5500 (from above), I could buy for $28,000. So.... how do I determine if the discounts are included in the lease price? Thanks for your prompt reply.