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Lincoln MKZ Lease Questions

109 messages,  Last post on Oct 12, 2009 at 7:11 AM

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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#29 of 109
Re: Question on current lease offer [pegasus17] by newleaserrr
Mar 09, 2007 (10:40 am)
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Replying to: pegasus17 (Mar 09, 2007 10:09 am)

Thanks Pegasus. If I understand, you're saying see what I could get as a lease based on a negotiated cap cost, residual, $0 down, etc. and see if it compares to the $386 deal, right? That makes sense.
#30 of 109
Re: Question on current lease offer [newleaserrr] by pegasus17
Mar 09, 2007 (10:50 am)
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Replying to: newleaserrr (Mar 09, 2007 10:40 am)

The residual percentage and lease rate (aka money factor) are set by FMC. The cap cost includes a certain amount of dealer profit which they don't disclose. If you figure out what that is, it becomes negotiable and you may end up with a better deal than 386 (which is high IMO). Good luck and remember information is power when it comes to leasing!
#31 of 109
Re: Lincoln MKZ lease promo on lincoln.com [pegasus17] by Car_man HOST
Mar 14, 2007 (2:42 am)
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Replying to: pegasus17 (Feb 24, 2007 7:58 am)

Thanks pegasus17. I am familiar with the $386 per month advertised lease that you referenced in your post. I believe that the selling price that was used to arrive at this lease payment is around $950 over dealer invoice, which isn't bad. If you are in an area that has a decent level of competition, you may be able to beat the selling price that the advertised deal is based on by a couple hundred dollars, lowering the monthly payment by a few dollars per month. Ford Credit's current base lease rate and residual value for a 39 month lease of a 2007 Lincoln MKZ with 12,000 miles per year are 1.5% and 50%, 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 rate into an approximate money factor equivalent by dividing it by 2400.
 
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#32 of 109
Need Lease Payment calculated by hardhawk
May 02, 2007 (1:22 pm)
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Car Man: Here is what I am looking at. 2007 MKZ FWD. MSRP of $34,465. Selling price of $32,661 less $500 rebate. 10,500 miles per year. 51% residual. 2.25% rate 39 month term. Dealer says payment is $494.90 per month. This may include about 8% sales tax on each payment. I am checking on that. What is your take on this?
#33 of 109
Re: Need Lease Payment calculated [hardhawk] by andycinti
May 27, 2007 (9:29 am)
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Replying to: hardhawk (May 02, 2007 1:22 pm)

Carman - My dad is a retired Ford employee and I am considering a lease of an MKZ. The Z plan pricing on the Ford web site is about $2,600 - $3,000 below MSRP depending on options selected. My question is this: am I always better off just telling the sales guy I am buying/leasing on z plan as soon as I walk in? Is it possible I may be able to get a better deal than z plan in a few months when they start clearing out 2007 inventory? Thanks.
#34 of 109
Re: Need Lease Payment calculated [hardhawk] by Car_man HOST
Jun 21, 2007 (2:27 am)
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Replying to: hardhawk (May 02, 2007 1:22 pm)

Hi hardhawk. The car that you described has a spread of around $2,800 between its full MSRP and its dealer invoice price. That puts the $1,800 discount that you were quoted at around $1,000 over invoice. If you are in an area that has a decent level of competition and you shop around I would not be surprised if you were able to beat this price by $500 or so. According to the latest information that I have seen, Ford Credit's current base lease rate and residual value for a 39 month lease of a 2007 Lincoln MKZ 2WD with 10,500 miles per year are 1.75% and 51%, respectively.
 
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#35 of 109
Re: Need Lease Payment calculated [andycinti] by Car_man HOST
Jun 21, 2007 (2:29 am)
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Replying to: andycinti (May 27, 2007 9:29 am)

Hi andycinti. I personally doubt that you will be able to negotiate a deal that's much better than the Z-Plan price on your own.
 
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#36 of 109
MKZ red carpet lease details? by setamp
Jul 14, 2007 (4:19 pm)
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Does anyone know the residual % and the interest factor used for the new MKZ 39 month lease promotion? Also, any help would be appreciated for selling price. I just hit the local dealership and they have a BUNCH of MKZ's on the lot.
#37 of 109
Re: MKZ red carpet lease details? [setamp] by Car_man HOST
Aug 01, 2007 (2:22 am)
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Replying to: setamp (Jul 14, 2007 4:19 pm)

Hi setamp. Ford Credit's current base lease rate and residual value for a 39 month lease of a 2007 Lincoln MKZ 2WD with 12,000 miles per year are 1.5% and 49%, respectively. When negotiating your lease on this car, make sure to take advantage of the $500 lease cash that is currently available on it.
 
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Prices Paid: Buying & Leasing Experiences Forum
#38 of 109
Re: Beamerman [BeamerMan] by patrick2
Aug 15, 2007 (12:26 am)
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Replying to: BeamerMan (Nov 16, 2006 7:34 am)

Hello, I was wondering, if anyone on this board, has some info
on the financial numbers for the 2008 Lincoln MKZ. What I am looking for is the residual and interest rate for the 2008 model. I was going to wait about 30 days and lease one with the new Sync system in it. Any help I would appreciate it.
Thanks.
Fltrucker

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