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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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#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
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#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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#86 of 110
2010 MKZ lease incentives by faellaf
Apr 27, 2009 (5:52 pm)
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Carman:
On several car forums, there appears a Competitive Bonus Incentive listed as follows "Bonus Cash Lincoln Mercury 2010 Ford Credit Competitive Lease Conquest #32888-National" ($1000.) I currently coming off a lease of a Lexus and am considering the '10 MKZ. I've e-mailed 2 dealers inquiring about the above "incentive. One indicated that I had to have a direct "mailing" offer from Ford in order to qualify. The 2nd dealer stated that the incentive could only be verified once a specific VIN # was entered. Since he had no '10's in stock, he could not verify the incentive offer. Is there any way of verifying (other than relying on the dealer) who qualifies for this incentive?
Thanks
faellaf
#87 of 110
Re: 2010 MKZ lease incentives [faellaf] by Car_man HOST
Apr 28, 2009 (3:09 am)
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Replying to: faellaf (Apr 27, 2009 5:52 pm)

Hi faellaf. I was under the impression that all owners and lessees of competitive luxury makes, and Lexus certainly would qualify, are eligible for the competitive bonus incentive. I don't think that you have to receive a direct mail piece, but I am not 100% positive that is the case.
 
Car_man
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#88 of 110
Re: 2010 MKZ lease incentives [Car_man] by theking72
Jun 04, 2009 (11:06 am)
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Replying to: Car_man (Apr 28, 2009 3:09 am)

Anybody have current info re: MKZ lease?
 
Gracias
#89 of 110
Lease rates and incentives MKZ '10 by sammys
Jun 10, 2009 (4:29 pm)
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As of June 10th can anyone provide lease rates for an AWD MKZ '10 for 36 months?
 
Thanks!
SammyS
#90 of 110
MKZ lease by rj123456
Jun 13, 2009 (2:59 pm)
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I have two months left on 2006 Zephyr lease for 39 month 10,500 miles. My current payment is $293 (with $0 down). This was a relatively base model car, the options added were the heated/cooled seats, the xenon lights, and the fancy wheels. No NAV or sun roof.
 
I'm quite happy with the car and would consider doing a similar lease again but looks like the payments are quite a bit more, in the $400 range.
 
What gives? Did the MKZ become that much more expensive?
#91 of 110
2009 AWD MKZ quote in NY by forthill
Jun 14, 2009 (6:41 am)
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Quoted by a Yonkers NY dealer for a 2009 MKZ AWD with only 2 options of moon roof and 17" chrome wheels:
39 month term
10.5k miles/year
lease rate of 1.5%
$1k down
$429/month + taxes and fees
-or- purchase for $30,829
 
*Monthly rate seems high to me. Thoughts??
#92 of 110
Re: Lease rates and incentives MKZ '10 [sammys] by Car_man HOST
Jun 15, 2009 (1:53 am)
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Replying to: sammys (Jun 10, 2009 4:29 pm)

Hi sammys. Here's the information that you're looking for. Ford Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Lincoln MKZ AWD with 15,000 miles per year are 4.0% and 49%, respectively.
 
When negotiating your lease on this car, make sure to take the $1,400 bonus cash that is currently available on it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#93 of 110
Re: MKZ lease [rj123456] by Car_man HOST
Jun 15, 2009 (1:59 am)
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Replying to: rj123456 (Jun 13, 2009 2:59 pm)

Hi rj123456. I'm sure that the MKZ is more expensive today than when you leased yours back in 2006, but that's probably not the main issue here. Leasing in general is more expensive today than it was back then.
 
Vehicles' lease payments are made up of two parts, the interest portion and the depreciation portion. It retrospect, now that higher gas prices and a slower economy have taken their toll on used vehicle values, manufacturers had been overestimating the future values of vehicles that they were leasing. In many cases, the vehicles that they had leased to consumers were worth significantly less than what they had estimated they would be. This phenomenon caused many banks to take huge, millions and millions of dollars, hits to their earnings and to be more conservative in estimating vehicles' residual values going forward.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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