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Lincoln MKZ Lease Questions

68 messages,  Last post on Jul 17, 2008 at 12:24 PM

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

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#44 of 68 MKZ Lease by smokiejoe Oct 17, 2007 (8:49 am)
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 Replies to this message: casolorz (Oct 17, 2007 9:20 am)
#45 of 68 Re: MKZ Lease [smokiejoe] by casolorz Oct 17, 2007 (9:20 am)
Replying to: smokiejoe (Oct 17, 2007 8:49 am) I am not sure but that doesn't sound like its even below invoice. You should probably start there, then take out rebates. I am hoping to get a deal on them but I am waiting for one with SYNC.
#46 of 68 2008 Lincoln MKX base model by ventr4th Oct 20, 2007 (3:57 pm)
I just returned from the Ford dealer in Ft. Lauderdale who quoted me a lease rate of $468/month for a 2008 Ford Edge Limited (similar the the 07' SEL Plus?) with Sync and power liftgates. This is for a 36 month lease with sales tax included.   Last week I test drove the 2008 Lincoln MKX at the dealership in Pompano Beach, FL. Their price for the base model (no liftgate but it includes Sync and air conditioned seats which are not available on the Edge) is as follows:   Here is the information that you requested on a lease. 24mo/10,500miles/with a rebate of $1,500 / $1,428.22 due at signing is $545 plus tax at 62% residual & .50% rate . 39mo/10,500miles/with a rebate of $1,500 / $1,372.44 due at signing is $493 plus tax at 52% residual & 3.0% rate .   What other lease questions should I be asking?   I do not have the MSRP's for either of these cars but if anyone out there has leased either a 2008 Ford Edge Limited or a 2008 Lincoln MKX can you tell me if the lease rates are competitive? I can't imagine why anyone would pay nearly the same for an Edge as for a Lincoln? Replies to this message: Car_man (Nov 30, 2007 3:15 am)
#47 of 68 2008 MKZ FWD by ddelise Nov 10, 2007 (5:33 am)
Hello -   Looking for the current 36 or 39 month (whichever has better rates) Money Factor and Residual for the 2008 MKZ FWD in Florida. Also, what are the current lease incentives.   Thanks - Damon Replies to this message: ddelise (Nov 13, 2007 5:43 pm) Car_man (Nov 30, 2007 3:24 am) Car_man (Nov 30, 2007 3:23 am)
#48 of 68 Re: 2008 MKZ FWD [ddelise] by ddelise Nov 13, 2007 (5:43 pm)
Replying to: ddelise (Nov 10, 2007 5:33 am) Looking for 12k miles/yr., along with acquisition fee.   Thanks - Damon Replies to this message: Car_man (Nov 30, 2007 3:24 am)
#49 of 68 MKZ vs Fusion by bhmr59 Nov 20, 2007 (8:00 pm)
I know someone who just leased an MKZ. (She is very badge conscious.)   I can't imagine why anyone would pay the thousands of extra dollars for this car just because the badge says "Lincoln" instead of "Ford." Replies to this message: casolorz (Nov 20, 2007 8:33 pm)
#50 of 68 Re: MKZ vs Fusion [bhmr59] by casolorz Nov 20, 2007 (8:33 pm)
Replying to: bhmr59 (Nov 20, 2007 8:00 pm) I considered the milan and the mkz a while ago and test drove both. There is really very little in common between these two cars when it comes to driving them. True the milan and fusion do look nice but the inside quality, features and driving experience was totally different. I guess it all comes down to what you enjoy, if I had gone with a sedan I would definitely have gone with the mkz over the milan. Just try pushing the gas real hard on the milan and then do the same on the mkz, its not about the acceleration but the down shift, its just so much smoother. Also the steering was annoyingly soft on the milan, the mkz had fairly soft steering too but not as bad as the milan. When it comes to inside comfort, the milan is a nice regular car, the mkz feels like you just sat down on your lazy boy at home, its so comfortable that it almost makes that THX on the screen worth the money (I wouldn't have gotten that but then I am not into audio very much).   It really comes down to what you like to have, in my case I just couldn't get over the lack of some basic features, mostly power features like memory seats and automatic things like windshield wipers.
#51 of 68 Re: hoping to negotiate [casolorz] by Car_man HOST Nov 30, 2007 (3:12 am)
Replying to: casolorz (Oct 15, 2007 5:20 am) You're very welcome, Carlos. Unfortunately, I am not aware of any resource that provides information on banks' actual lease programs to the general public. You should be able to find out what the lease programs are like for most vehicles that you are interested in by visiting the appropriate discussions here though.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#52 of 68 Re: 2008 Lincoln MKX base model [ventr4th] by Car_man HOST Nov 30, 2007 (3:15 am)
Replying to: ventr4th (Oct 20, 2007 3:57 pm) Hi ventr4th. It's great that you found out what the lease rates and residual values are for the vehicles that you are interested in, but you also need to find out what their MSRPs and selling prices are. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. This information will make it easier to tell how good a deal you are getting.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#53 of 68 Re: 2008 MKZ FWD [ddelise] by Car_man HOST Nov 30, 2007 (3:23 am)
Replying to: ddelise (Nov 10, 2007 5:33 am) Hey Damon. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Lincoln MKZ 2WD with 12,000 miles per year are 2.25% and 53%, respectively. The numbers for an otherwise identical 39 month lease are 2.25% and 49%. As you can see, Ford Credit publishes lease rates instead of money factors for vehicles. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. When negotiating your lease, make sure to take advantage of the $1,000 lease cash that Lincoln is currently providing on this model.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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