- #87 of 90
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Need money factor and residual for 2008 Mustang V6 Premium Convertible
by crestonave
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Mar 22, 2008 (4:12 pm)
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I'm looking to lease a 2008 Ford Mustang V6 Premium convertible. I believe there's a $500 lease incentive going on right now in my area (Long Island New York). Can someone supply the money factor and residual for this car? Any other incentives available that I'm not aware of? Much appreciated!
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- #88 of 90
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Re: trouble with figuring payments on cars [shebah87]
by crestonave
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Mar 22, 2008 (4:14 pm)
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Replying to: shebah87 (Feb 25, 2008 10:50 am)
You're comparing apples and oranges. A 2005 is going to be cheaper than a 2008.
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- #89 of 90
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Re: monthly payments [shebah87]
by Car_man HOST
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Apr 10, 2008 (1:26 am)
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Replying to: shebah87 (Feb 25, 2008 3:39 pm)
Hi shebah87. I would be happy to help you estimate what the lease payment would be on the 2008 Mustang that you are interested in leasing. However, it will be next to impossible for me to do so without some additional information from you first, including exactly which Mustang model you want, what its MSRP and selling price are, how long you want to lease it for, and how many miles per year you need to be able to drive it. Let me know what these variables are and I will crunch some numbers for you.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #90 of 90
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Re: Need money factor and residual for 2008 Mustang V6 Premium Convertible
by Car_man HOST
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Apr 10, 2008 (1:31 am)
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Replying to: crestonave (Mar 22, 2008 4:12 pm)
Hello crestonave. Here is the information that you are looking for. You never mentioned how long you want to lease this car for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Ford Credit's current base rate and residual value for a 36 month lease of a 2008 Mustang V6 Premium Convertible with 15,000 miles per year are 5.25% and 52%, 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. When you negotiate your lease on this car, make sure to take the $500 lease cash that is currently available on it into account.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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