Last post on Nov 18, 2013 at 8:44 PM
You are in the Ford F-Series
What is this discussion about?
Ford F-150, Ford F-250, Ford F-350, Car Leasing, Truck
#149 of 226 Re: ford lease end problems //nightmares [redwing_al]
Sep 27, 2009 (6:41 pm)
Unless you are leasing for business purposes where it cant be a write off on your taxes, nobody in their right mind should ever lease.
I strongly disagree with you. There are many advantages to leasing. I leased a 2007 Ford Edge SEL Plus, MSRP $33K for $349 a month/ 36 months with ZERO down. I saved over $6,000 in car payments by leasing it instead of buying it. Do you honestly think I would be $6K ahead if I would've bought it and traded it in after 36 months? No chance. This is my 5th lease and I never have had a bad experience. I save at least $150 a month leasing and that really adds up. It allows me to drive cars that would normally be way out of my price range. You just have to do your homework and not be a victim of shady dealers.
#150 of 226 Leasing a Ford truck
Oct 02, 2009 (8:41 pm)
Hello, new member here. I was wondering if Ford leases the F350. I need a duely to pull a 4-car hauler. If yes, what engine and drivetrain specs do you recommend?
Thanx. BTW, what is the price range of the lease? I just need the bare essentials.
#152 of 226 Ford Leasing Judgement
Dec 07, 2009 (12:09 am)
Need help and advice. I leased a 2005 Ford F-150 FX4 package fully loaded, shortly after my wife and I seperated in Southern California. At that time, my credit was fair enough to not need a co-signer. Still payments were over $600 per month but I was making good money at a company I had been at for over 10 years. Shortly after (3 months) I lost my job. I had planned on moving back to Northern Illinois where I grew up, both the sales person and leasing manager were fully aware of this before anything was signed.
Ok, let me just get to the point. I was unemployed for 6 months and when I got a job here, I was only able to get pretty much minimum wage with the economy. I was however able to keep up with payments. It was eating about 70% of my disposable income between gas and insurance though. I loved the truck and called the 800 number several times to explain all of this and would it be possible to opt out of the lease, and get financing to buy the truck. The 800 # told me should not be a problem as my credit with them was in great favor. Just had to go to the dealership and work it out. 3 dealerships and pretty much got the run around. The dealerships also refused to honor my lease contract.
Out of frustration and after calling the 800# again, I turned the truck in 12 months early being told and understanding I would owe the remaining 12 months lease and an early termination fee of about $1000.00 I was ok with this. The dealership I returned it to refused it because of a defective odometer (by the way I had not driven the truck for about a year, so this is not an excessive mileage issue) I figured it may be a fuse, but was threatened by the service manager that my lease contract warranty would not cover this. It was my understanding that my no questions warranty was bumper to bumper and included tires at no cost to me. The service manager said it could cost as much as $4000.00 to fix odometer.
Needless to say I am very disgusted at this point, the dealership did not even notify Ford for 3 weeks that the vehicle was turned in at their dealership. Turns out the odometer was their mistake, faulty something. 6 months went by till Ford sent me a bill for more than $15,000.00. I do not understand any of it, including a reposession fee, even though I voluntarily turned it in. It was in imaculate condition with low miles and about 3 years old, worth high $20k- low $30k, they however dumped it at auction for $15,000-
I go to court for jury trial next month, please help. I can't afford a judgement for the full amount. All I wanted from all this is a fair judgement amount and after the economy situation and Federal Bailout for the automotive groups, what gives Ford the right to attack me and my credit? I live paycheck to paycheck right now, but would be willing to settle for about $4K-6K, which is more then fair with the crummy service and atitutude I received at the dealerships.
Any help and advice would greatly be appreciated. Thanks !!
#153 of 226 Re: Leasing a Ford truck [gekko13]
Dec 07, 2009 (3:38 am)
Hi gekko13. Unfortunatgely, Ford hasn't provided lease support on any F-Series pickups in a long time. As a result, it really doesn't make sense to lease one. You may want to consider financing through Ford Credit instead. You can finance a 2010 F-350 at 2.9% and a 2009 model at 0% for 5 years right now.
Prices Paid: Buying & Leasing Experiences Forum
#155 of 226 F150 lease trade in
Jul 19, 2010 (1:01 am)
My husband is currently leasing a 2008 F150 and is due to turn in his lease in September. I was curious if Ford has any deals on a new car(or used) if you purchase a ford after returning a lease? Also he has a damaged pass side mirror and I was curious if it was worth fixing or if they wont take much off for the damage?
#156 of 226 Re: F150 lease trade in [sgedd]
Jul 19, 2010 (6:23 am)
Hi, When I turned in my f150 super crew someone had keyed both driver side doors, I was worried about what ford would charge me for the damage so I had the truck detailed before turning it in..... Funny thing is I was not able to lease another ford at a good lease rate and ended up leasing a toyota tundra from the same dealership. They were so pleased with the low miles and how clean my f150 was that they never charged me for the damage. The deals offered vary from month to month seems like timing is everything when it comes to leasing/purchasing. I recently leased a subaru impreza premium 2nd one for my son for 314.00 a month 42 months and a kia sorrento lx awd for 351.00 month 36 months both leases were no money down. Good luck on your next vehicle!
#157 of 226 F150 Lease Question
Feb 21, 2011 (7:20 am)
Car Man, what are the current interest rate and residuals for 15k and 13.5k on Ford RCL for F150 supercrew 4x4 platinum edition for Houston area. Also what rebates or dealer incentives apply to leases.
#158 of 226 Re: F150 Lease Question [lwv]
Feb 22, 2011 (4:14 pm)
Here's the information that you're looking for, lwv.
Ford Credit's current base lease rate and residual value for a 36 month lease of a 2011 F-150 SuperCrew Platinum 4WD with 15,000 miles per year are 2.5% and 56%, respectively.
I don't believe that Ford is currently providing any cash incentives on leases of this truck right now.
Prices Paid: Buying & Leasing Experiences Forum