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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

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


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#76 of 110
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 110
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 110
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 110
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 110
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???
#81 of 110
Re: Lease Payment Calculation Help [jweissi2] by kyfdx HOST
Mar 19, 2009 (8:58 am)
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Replying to: jweissi2 (Mar 19, 2009 8:35 am)

36 month
$29558 cap cost
$15740 residual
$13817 depreciation / 36 = $384/mo depreciation
 
39 month
$29558 cap cost
$15071 residual
$14487 depreciation / 39 = $372/mo. depreciation
 
The extra 2% depreciation results in a lower depreciation per month, because it's spread over a longer term... and more than makes up for the slightly higher interest rate..
 
regards,
kyfdx
#82 of 110
Re: Lease Payment Calculation Help [kyfdx] by jweissi2
Mar 19, 2009 (10:14 am)
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Replying to: kyfdx (Mar 19, 2009 8:58 am)

THANK YOU!
#83 of 110
Lease information by faellaf
Apr 04, 2009 (12:19 pm)
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Can you provide me with the Residual percentage and the Money rates for the 2010 Lincoln MKZ FWD? I'd like them for 36mo and 39mo/10Kmiles. lease. Also, are there any possible "lease" incentives coming down the line?
 
Thanks
#84 of 110
Re: Looking to Sign this Week (or Next) [jweissi2] by Car_man HOST
Apr 07, 2009 (2:36 am)
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Replying to: jweissi2 (Mar 18, 2009 6:31 am)

Here's the information that you're looking for, jweissi2. 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 0.25% and 45%, respectively. The numbers for an otherwise identical 39 month lease are 0.25% and 43%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#85 of 110
Re: Lease information [faellaf] by Car_man HOST
Apr 13, 2009 (1:46 am)
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Replying to: faellaf (Apr 04, 2009 12:19 pm)

Hi faellaf. Here's the information that you're looking for. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2010 Lincoln MKZ FWD with 10,000 miles per year are 2.0% and 51%, respectively. The numbers for an otherwise identical 39 month lease are 2.25% and 49%.
 
Ford is not currently providing any cash incentives on leases of this car, but I am sure that it will eventually introduce lease cash on it in a couple of months.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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