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Sedans Ford Fusion/Mercury Milan Ford Fusion Lease Questions
203 messages, Last post on Oct 16, 2009 at 7:59 AM
You are in the Ford Fusion/Mercury Milan Forum. Your Hosts are pat & karens
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Ford Fusion. Thanks. Car_man Host Smart Shopper / Prices Paid Forums |
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Definitely want to Lease a New Fusion! Can hardly wait for new promotion to come out. It shouldn't be long once sales plummet following the end of employee pricing. All of these cars are just too expensive at MSRP. Hoping for special lease deals soon. |
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Hi jpmiller99. The Ford Fusion is a pretty nice new car. Ford is already providing a little lease support on it in the form of interest rates as low as 3.75% and a total of $1,000 in cash incentives that can be used to reduce this model's capitalized cost. I suspect that the lease program on this car will become more aggressive in the future, but only time will tell for certain. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Oct 05, 2005 1:57 am) Two-year: (a) 15,000 miles (b) 17,000 miles (or nearest mileage) Three-year: (a) 15,000 miles (b) 17,000 miles (or nearest mileage) Anyone with that info? I'm in metro Detroit area. Thanks
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Replying to: Car_man (Oct 05, 2005 1:57 am) |
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Replying to: mi_sat (Oct 06, 2005 4:06 pm) Two years, 15k miles: 57% residual, 2.5% Three years, 15k miles: 49%, 2.75% Rates/residuals courtesy of my local mercury dealer. Now if I could only calculate the same lease payment my dealer did. His calc is $18/month higher than mine, which means he is padding the costs with something. I buy A-plan, and he and I agreed on MSRP and A-plan price; he provided residual and interest rate. Yet, we're still different by $18/month. (Shock: His payment is higher than my calculation.) I always insist on the same lease calculation payment before buying to ensure no padding of costs. A-plan doesn't allow doc prep fees, etc., so it must be something like rustproofing.
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Replying to: mi_sat (Oct 07, 2005 4:14 pm) |
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Replying to: jpmiller99 (Oct 07, 2005 4:36 pm)
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Replying to: jpmiller99 (Oct 07, 2005 4:36 pm) |
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Replying to: jpmiller99 (Oct 07, 2005 4:38 pm) I ran the payments on a fully loaded Milan at the Accord's 57% residual and 6.1% interest rate to see what impact it had. The payment was only $4/month less when using the Accord's assumptions on the Milan. Bottom line was that the Accord's residual lowered the payment while its interest rate increased it. Net net was close to a wash. My Milan assumptions (fully loaded -- cannot get any more factory installed options): MSRP $26,290; A-Plan $23,360; Rate: 2.75%; Residual: 49%; Rebate: $1,000 (this is the present offering). Resulting payment was $322/month for 36 months (incl 6% sales tax). This comparison isn't to determine which vehicle is better. Rather, just to illustrate the impact of all the assuptions going into the lease payment. Hope this helps with your decision. One more point: Fusion residual may differ; I was interested in a Milan.
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