Lincoln MKZ Lease Questions

145 messages,  Last post on May 23, 2013 at 3:44 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#128 of 145 Re: March 2011 Lease rates [debraaz1] by mike_in_nepa

Mar 30, 2011 (10:33 am)

Replying to: debraaz1 (Mar 21, 2011 8:00 pm)
I am disappointed if those are truly the correct money factor (0.00219) and residual (54%). What was the terms? 27, 36, 42, etc.. months? Still, those numbers are depressing.

#129 of 145 Re: March 2011 Lease rates [debraaz1] by Car_man HOST

Mar 30, 2011 (4:43 pm)

Replying to: debraaz1 (Mar 21, 2011 8:00 pm)
Hi Debra. $1,000 over invoice doesn't seem unreasonable considering the fact that there aren't many MKZ Hybrids in your area. Ford Credit's base lease rate for this car is 4.75%. Make sure that the dealer uses that lease rate and not 5.25% to calculate your payment.
 
$5,000 is way too much money to put down when leasing. I always advise consumers not to make any capitalized cost reduction on leased vehicles. If they do they risk losing any money that they put down if their vehicle is totaled in an accident or stolen.
 
I'd be happy to work up a payment on this car for you, but I need both its MSRP and its selling price to do so (you only mentioned the former).
 
Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#130 of 145 Re: March 2011 Lease rates [Car_man] by 10sfan

Jun 02, 2011 (1:20 pm)

Replying to: Car_man (Mar 30, 2011 4:43 pm)
Hi Car Man, sitting a a lease proposal for a 2011 FWD MKZ. MSRP $35,675, selling price $34,050, with cash due at signing is after the $3,500 cash back program (subject to state sales tax). 36 month term for $399.00 per month.
 
In addition to the above tax, a tire tax, title and service fees, a $440 Security Deposit fee was removed when I mentioned it was not in the Lincoln Red Carpet Lease advertisement. Now a $595.00 acquisition fee was included, also not stated in the Linclon Red Carpet Lease advertisement.
Your thoughts are appreciated.

#131 of 145 Re: March 2011 Lease rates [10sfan] by Car_man HOST

Jun 06, 2011 (3:59 pm)

Replying to: 10sfan (Jun 02, 2011 1:20 pm)
Hi 10sfan. Ford Credit charges a $595 acquisition fee on every vehicle that it leases. The dealer won't be able to waive this fee. You can either pay it at lease signing or roll it into our vehicle's capitalized cost to make it part of your monthly payment.
 
The selling price that you were quoted looks good. It's probably only around a couple hundred dollars over dealer invoice, after as you mentioned the $3,500 cash incentive is taken into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#132 of 145 2013 MKZ by coleblooded

Oct 25, 2012 (10:51 am)

Are the numbers for 39 month, 15k/year on '13 MKZ FWD 2.0 Ecoboost out yet? Thanks.

#133 of 145 Re: 2013 MKZ [coleblooded] by Car_man HOST

Nov 27, 2012 (5:09 pm)

Replying to: coleblooded (Oct 25, 2012 10:51 am)
Yes they are coleblooded. Ford Credit's current base lease rate and residual value for a 39-month lease of a 2013 Lincoln MKZ Non-Hybrid FWD with 15,000 miles per year are 2.25% and 50%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#134 of 145 Re: 2013 MKZ [Car_man] by thefordguru

Nov 27, 2012 (5:32 pm)

Replying to: Car_man (Nov 27, 2012 5:09 pm)
It'll take some time. I lease a 12 MKZ and I also work for a Lincoln dealer. I traded out of my 11 to my 12 just so I could wait it put until the lease improves. When the new model year launches for anything you'll pay top dollar to drive one. You still have renewal rebates but its better to wait 6 months or so after launch until the programs improve. I've seen the new model and its a whole lot more vehicle than the current model. I do expect to pay more for the new one considering but I won't pay the premiums you'll have to pay the first quarter or two that they're out. Hope that helps.

#135 of 145 Re: 2013 MKZ [thefordguru] by coleblooded

Nov 27, 2012 (9:14 pm)

Replying to: thefordguru (Nov 27, 2012 5:32 pm)
Yea I know. Already negotiated to a reasonable amount under sticker. I'm starting to hate my dealer's service department, so it'll be a huge relief to get rid of my current car.

#136 of 145 Re: 2013 MKZ [Car_man] by rosenbj1

Jan 28, 2013 (12:14 pm)

Replying to: Car_man (Nov 27, 2012 5:09 pm)
Hi Car_man,
I'm looking for the current numbers for leasing a 2013 MKZ. I'd like to know money factor and residual for 36mo, 36k, but if there is a better deal with 39mo I'd be willing to sign up as well. Any current rebates? Also, are the numbers here different for the gas model vs the hybrid, even though stickers are the same? Thanks for your help!

#137 of 145 2013 MKZ by nighthawkn117

Feb 10, 2013 (4:38 pm)

Hi Car_man,
 
I'm also interested in 2013 lease rates for the MKZ. Looking for 36 - 39 Months. 15K miles and 19500.
 
Looking for 3.7 AWD.
 
Thank you in advance for all your help.
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