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Lincoln MKZ Lease Questions

110 messages,  Last post on Nov 17, 2009 at 3:35 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lincoln Zephyr, Lincoln MKZ, Car Leasing, Sedan


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#107 of 110
MKZ Lease by jimmydean7
Oct 02, 2009 (1:51 pm)
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Hi Car man:
Can you please give me the Sept lease numbers for an MKZ?
My preliminary inquiry for a 39 mo 15K per year lease resulted in:
MSRP 41,000...Sale Price...35,000 Interest 2.25% and Residual of 46%
Dealer acknowledged a $2,000 cash back, but not for the lease.
The initial work up using the above reflects a 535 monthly payment w/o taxes which seems high. What is your take on this deal and the absence of any cash back incentive on a lease for this vehicle.
Thanks.
#108 of 110
Re: MKZ Lease [jimmydean7] by Car_man HOST
Oct 09, 2009 (1:39 am)
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Replying to: jimmydean7 (Oct 02, 2009 1:51 pm)

Hi jimmydean7. Here's the information that you're looking for. Ford Credit's current base lease rate and residual value for a 39 month lease of a 2010 Lincoln MKZ 2WD with 15,000 miles per year are 2.25% and 46%, respectively. As you can see, this is right in line with what you were quoted.
 
I don't believe that Ford is currently providing any cash incentives on leases of this car.
 
The $6,000 discount that you were quoted on this car certainly looks attractive to me.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#109 of 110
press request by kirstie_h HOST
Oct 12, 2009 (7:11 am)
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A reporter is looking to speak to a recent buyer of a Lincoln vehicle. Please send your daytime phone number to ctalatiedmunds.com by Tuesday, October 13, 2009.
 
Thanks,
Chintan
Corporate Communications
Edmunds.com
#110 of 110
2010 Lincoln MKZ Lease by rcmdesign
Nov 17, 2009 (3:35 pm)
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I'm currently leasing a 2007 Mercury Milan set to expire in 6 months. I am looking to upgrade to the 2010 Lincoln MKZ. I have 6 months of payments remaining of $307.34 for the Milan ($1844.04). Here is what I was quoted for a loaded MKZ with Nav Package, Ultimate Package, Technology Package, 17" Chrome Rims, Moonroof, Rapid Spec 103A:
 
-They will pay my 6 remaining months on Milan
- They pay first month's payment
- They waive security deposit
   Basically sign and drive
- Sticker price 41,175
- Residual: 49%
- 39 month lease (with first month paid)
- 10,500 a year
- Monthly Payment: 529.88
 
Is this a good deal? Where can I negotiate? I do need more miles.

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