Ask the Car People.SM


Mercury Mountaineer Lease Questions - READ ONLY

45 messages,  Last post on Jun 16, 2011 at 7:59 AM

You are in the Prices Paid & Leasing Experiences Archive Forum.

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

Messages Page 3 of 5

#19 of 45 Current lease rates by stevied32

Feb 19, 2007 (8:29 pm)

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 45 Current Deals by gerry2

May 02, 2007 (12:59 pm)

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

#21 of 45 2007 Mountaineer Premier by gerry2

May 12, 2007 (11:16 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?????
 
Thanks!!!
 
Gerry
(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? by jim7485

May 16, 2007 (12:56 pm)

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] by Car_man HOST

May 17, 2007 (3:11 am)

Replying to: gerry2 (May 02, 2007 12:59 pm)
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.
 
Car_man
Host
Prices Paid Forum

#24 of 45 Re: 2007 Mountaineer Premier [gerry2] by Car_man HOST

May 17, 2007 (3:24 am)

Replying to: gerry2 (May 12, 2007 11:16 am)
Hey Gerry. $500 over dealer invoice minus all of the available cash incentives sounds about right for a Mountaineer to me. I am not personally familiar with how sales tax is calculated on leased vehicles in New York, but you may be able to get an idea by visiting one of the following sites: New York State Department of Taxation and Finance or New York State Department of Motor Vehicles.
 
Car_man
Host
Prices Paid Forum

#25 of 45 Re: 2007 Mountaineer lease Q: priced correctly? [jim7485] by Car_man HOST

May 17, 2007 (3:27 am)

Replying to: jim7485 (May 16, 2007 12:56 pm)
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.
 
Car_man
Host
Prices Paid Forum

#26 of 45 Re: 2007 Mountaineer lease Q: priced correctly? [Car_man] by jim7485

May 17, 2007 (5:34 am)

Replying to: Car_man (May 17, 2007 3:27 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.

#27 of 45 2007 Mountaineer Premium Current Rates by lane6

Aug 01, 2007 (12:00 pm)

Just came back from dealer in Ohio. 3.75%Apr and .43 residual on a 36mo 15K/yr. lease. Mercury was offering $850 discount on the moonroof/navigation package, reducing the MSRP. Dealer said package discounts are added back in to calculate the MSRP for leasing. Any thoughts?

#28 of 45 2007 Mountaineer Premier lease-NEED HELP by sportsgirl

Aug 11, 2007 (8:01 am)

2007 Premier v6-msrp $34,005+destination=$34740.
Options include nav/moonroof package,power running brds and few others.Dealer website states retail customer cash rebate $1500 and retail bonus cash rebate $2007.
Since this is a 2007,and (2008 is out) shouldnt this be priced at invoice minus these 2 rebates,and minus the $850 rebate they are giving on nav/moon package?PLease help-I am trying to lease this for 36 mos/12000miles p/yr.My zip is 33433 and tax here is 6%.Thanks

Messages Page 3 of 5

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement