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Lincoln Zephyr, Lincoln MKZ, Car Leasing, Sedan
#2 of 174 Lincoln Zephyr Lease
Mar 10, 2006 (9:40 pm)
Thanks Car-Man, can you shed some light on the national "signature sales event" program Lincoln has going on right now:
2006 Lincoln Zephyr
$364 a month,
39 month Red Carpet Lease.
$0 Cash Due at Signing
$0 Down Payment
$0 First Month's Payment
Security deposit waived.
Excludes tax, title and license fees.
Specifically, interest rate/money factor, not sure what Ford uses. The residual value for 12K & 15K per year. MSRP of the base vehicle is $29,660. I think Lincoln has $1000 customer cash back that is used as a cap cost reduction. Is the acquisition fee waived or rolled into the payment? Thank
#3 of 174 Re: Lincoln Zephyr Lease [fsufan]
May 28, 2006 (9:42 am)
Here's a question. I saw a promo ad for a Zephyr with $4K down 39 month lease for $179+tax. This was the base model with 3 options: THX, Cooled Seats, 17" chrome wheels for an MSRP of $32,045 (incl. destination charge).
I don't know what the residual value they were using. This seems like a terrific deal, is it?
#4 of 174 Re: Lincoln Zephyr Lease [rj123456]
Jul 24, 2006 (9:30 pm)
Carman, can you comment on the previos posts. Thanks.
Can you actually lower the monthly paymnt on the red carpet lease special? I am trying to get a pymnt under $300 per month. The current special said $364/mnth w/ zero down.
Thanks in advance.
#5 of 174 Re: Lincoln Zephyr Lease [kmos]
Jul 24, 2006 (11:50 pm)
Yes, I ended up with $0 down and $294/month 39 months $16,250 residual. The only catch I can see is 10,500 miles per year.
#6 of 174 Re: Lincoln Zephyr Lease [rj123456]
Jul 25, 2006 (4:33 pm)
How did you get the monthly paymnt so low without a down payment?
#7 of 174 Re: Lincoln Zephyr Lease [kmos]
Jul 28, 2006 (4:01 pm)
It was the Memorial Day weekend special and I went at 7pm on Monday.
In fact the Zephyr was not even on my radar screen till I read the ad and the #s were too good to be true. And in the process of trying to screw me with various warranties and other payments I think they got themselves all wrapped up in knots trying to undo it. The effective APR on the lease is 0.74%.
Jul 31, 2006 (11:42 am)
Yes Carman it is me again on this side. I am going to lease a 07 Lincoln MKZ. What types of pitfalls from Ford leasing should I look for? What is their lowest money factor at this time? Is the 39 month lease they are currently advertising a good deal? Again, thanks as always.
#9 of 174 2007 Lease Information for Lincoln MKZ
Aug 09, 2006 (4:41 am)
Hi Pat or Karens, I never rexceived an answer from my July post so here we go again. Iam getting ready to enter the domestic world of Lincoln. Hope I am not disappointed. What is a good money factor for a red carpet lease, I will be looking at 10 k miles and 36 months with 0 down. I have the best of credit am coming off a BMW lease. Also any word on the availability would be appreciated. Thanks so much, Beamerman
#10 of 174 Re: Beamerman [BeamerMan]
Sep 16, 2006 (9:47 am)
Hey BeamerMan. I don't think that there are any "pitfalls" to look out for when leasing through Ford Credit. Just negotiate as low a selling price as you can on the car that you are interested in and then make sure that the dealer that you are leasing it through is using a reasonable lease rate. I actually haven't seen Ford Credit's lease program for the 2007 Lincoln MKZ yet. It may not have a special lease program on it yet. You mentioned that you saw a special advertised lease for this car, where did you see it and how much was it? The only special offer that I have seen on the MKZ is 2.9% financing for up to 3 years, 3.9% for 4 years, 4.9% for 5 years, and 6.9^ for 6 years.
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#11 of 174 Re: Beamerman [Car_man]
Sep 16, 2006 (10:24 am)
Carman. so glad you are back! I have an xplan for the car, are you familiar with that? It is approx. 1 % over invoice. Seems anyone can get one. I am just worried about the money factor. Glad you are back, Wayne.