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Prices Paid: Buying & Leasing Experiences 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
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.
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Replying to: setamp (Jul 14, 2007 4:19 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: BeamerMan (Nov 16, 2006 7:34 am) 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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Car_man or anyone else who wants to contribute. I am hoping to lease an mkz, 12k miles, 36mos (39 ok). The msrp is 33,005.00 and my credit scores are between 640 and 670 and my wifes are between 660 and 680. I have a tradein but I am only hoping to get enough for it to pay it off. What do you guys think a pretax payment might be like with zero down? Thanks.
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Replying to: Car_man (Aug 01, 2007 2:22 am) Is cheaper for me to buy or lease this 2008 MKZ? Assumptions: • MSRP = $33,680 • Price if purchased (including $1,000 cash back)= $29,206 • Lease price (including $500 factory allowance)= $29,706 • Own or lease for 24 months • Drive 12,000 miles per year • Two year residual value = 62% of MSRP • If Buy, pay all cash – no financing required • If Lease, pay $5,000 down plus $350 start-up fee • Consider lost opportunity cost for cash tied up for purchase option at 5%
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Replying to: casolorz (Oct 13, 2007 7:56 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: dandydon2 (Oct 13, 2007 1:19 pm) Furthermore, Ford is currently providing a special 1.75% interest rate on leases of the 2008 Lincoln MKZ. This is an additional benefit of leasing because this is a much lower interest rate than you would be able to get if you were to finance this car through an independent bank. Plus, you should be able to do better than 1.75% by investing the money that you would have laid out had you paid cash for this car. If I was positive that I was going to only keep this MKZ for only two years I personally would definitely lease it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Oct 15, 2007 2:23 am) --Carlos
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Looking real close at an MKZ. I am a Cadillac man and the new CTS is looking real good, but right now they have bad lease rates. I also like what I am hearing about reliability of the MKZ. Drove vehicle, liked the power, AWD, THX, Xenon, Light wood trimmed interior looks sharp. What I have from my local dealer is: MSRP: $34370 Rebate -500 Disc -1479 Total $32391 2% Interest 54% Residual 39 month Lease 12K 9% State Tax Approx $800 add on Lease Fees $446 per month $1K Down $475 per month $0 Down I know I can whittle them down probably $20 or $30 per month. Any comments to make my decision easier. Thanks
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Replying to: smokiejoe (Oct 17, 2007 7:49 am) I am hoping to get a deal on them but I am waiting for one with SYNC. |
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