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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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#71 of 109
2009 MKZ 2WD Lease Rates by jweissi2
Feb 21, 2009 (1:08 pm)
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Car Man,
 
Can you please tell me Ford Credit's latest lease rate, residuals and incentives for a 2WD MKZ, 10,500 miles per, 36 and/or 39 month terms?
 
Thanks!
 
John
#72 of 109
Re: 2009 MKZ 2WD Lease Rates [jweissi2] by thefordguru
Feb 22, 2009 (8:16 pm)
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Replying to: jweissi2 (Feb 21, 2009 1:08 pm)

John,
 
    The lease rates are 0.75 for 36 and 1.00 for 39 (at least for the philadelphia region). I'm not sure where you live. Incentives are the same no matter the term. Right now there is a $1,500 rebate. If you're in a Ford lease now there is also a $1,500 renewal rebate. Hope that helps. Oh, the residual for 36 is 47% and 45% for 39 at 10,500.
 
John
#73 of 109
Re: 2009 MKZ 2WD Lease Rates [jweissi2] by Car_man HOST
Feb 27, 2009 (4:12 am)
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Replying to: jweissi2 (Feb 21, 2009 1:08 pm)

I sure can, John. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Lincoln MKZ 2WD with 10,500 miles per year are 0.75% and 47%, respectively. The numbers for an otherwise identical 39 month lease are 1.0% and 45%.
 
I believe that Ford is currently providing a $1,000 cash incentive on leases of the '09 MKZ right now. It is also waiving the first month's lease payment on this car in certain areas.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#74 of 109
Re: 2009 MKZ 2WD Lease Rates [jweissi2] by 10sfan
Mar 02, 2009 (9:01 am)
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Replying to: jweissi2 (Feb 21, 2009 1:08 pm)

Would be interested if you were successful in negotiating a favorable lease and what was the monthly payment for either the 36 or 39 month term?
#75 of 109
Re: 2009 MKZ 2WD Lease Rates [10sfan] by jweissi2
Mar 02, 2009 (4:42 pm)
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Replying to: 10sfan (Mar 02, 2009 9:01 am)

Not as of yet. 36 months seems to be cheaper than the 39, with payments in the $390 - $420 range with no money down, exclusive of tax, title, reg, etc. Still trying to find the right color/option combo.
#76 of 109
Re: 2009 MKZ 2WD Lease Rates [jweissi2] by thefordguru
Mar 02, 2009 (5:03 pm)
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Replying to: jweissi2 (Mar 02, 2009 4:42 pm)

Have you checked out Lincoln's website? You can track the color/option combo down there. What's your zip and color/option combo? I can probably tell you who has it.
 
John
#77 of 109
Re: 2009 MKZ 2WD Lease Rates [10sfan] by jweissi2
Mar 16, 2009 (6:05 pm)
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Replying to: 10sfan (Mar 02, 2009 9:01 am)

I had the deal negotiated for my mother, but as she was signing the paperwork they switched the term from 36 to 39 months at the last moment. ...can't figure out why. Have the Lease Rate and/or Residual Values changed???
 
Thanks!
#78 of 109
Re: 2009 MKZ 2WD Lease Rates [jweissi2] by thefordguru
Mar 16, 2009 (7:04 pm)
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Replying to: jweissi2 (Mar 16, 2009 6:05 pm)

Yes, the residual and rate will be a little diffrent. I wouldn't worry over it. The payment should have been a little lower though if all the basic elements were the same.
#79 of 109
Looking to Sign this Week (or Next) by jweissi2
Mar 18, 2009 (6:31 am)
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Can someone please update me on the latest and greatest Incentives, Lease Rate and Residual Values for a 36/39 month 10,500 mile per lease for the 2009 Lincoln MKZ for registration in FLA.
 
Trying to get this signed for my mother this week or next. (She's waited to the last minute and has limited her choice of color to Red...)
 
Thank you!
#80 of 109
Lease Payment Calculation Help by jweissi2
Mar 19, 2009 (8:35 am)
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OK, so I thought I understood how lease payments are calculated, but apparently I must be misinformed. I just spent 15mins on the phone with a dealer who confirmed for a 2009 MKZ with 10,500 miles per annum
 
36 month 39 month
Lease Rate: 0.75% 1%
Residual Value 47% 45%
 
MSRP: $33,490
Cap Cost: $29,558
 
Payment ~$410.00 ~$402.00
 
He couldn’t explain why the 39 was cheaper…. Can anyone???

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