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Ford Expedition: Lease Questions

120 messages,  Last post on Dec 02, 2008 at 6:03 AM

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What is this discussion about? Ford Expedition, Car Leasing, SUV

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#111 of 120 Re: Current Money factor, residual and incentives on 2008 Expedition EL? [w [Car_man] by warbern Feb 22, 2008 (9:52 am)
Replying to: Car_man (Feb 21, 2008 2:25 am) Thanks so much for the info. I really appreciate it! I was actually looking at the Limited. Other than pricing, does that affect the lease numbers at all? Thanks again!!! Oops, almost forgot... what are the residuals for 10.5k and 12k miles a year? Thanks!!!
#112 of 120 hoping to lease 2008 expedition 4x4 limited by slpwlkers Mar 17, 2008 (5:38 am)
I am hoping to lease the 2008 Expedition Limited 4X4 for about $500/month, $0 down, 12,000 miles, 39 months. MSRP is $43,215, invoice is $39,396. Dealer holdbacks is about $1200. There is $2000 in rebates plus $1000 more for customers coming from a competitors lease, which I qualify for. Is this a possiblity for me? I live in Nassau County, NY. Please recommend a dealer.
#113 of 120 Lease Numbers by philly70 Apr 09, 2008 (8:04 am)
Anyone have the latest money/depreciation inputs for the Ford Expedition (EB or LTD) for 36 month leases?
#114 of 120 Lease Numbers 2 by philly70 May 02, 2008 (4:59 am)
Looking to lease an Expedition EB 4WD MSRP $47,130, negotiated price $43,500. Any help with the current money factor and residual I can expect (Minnesota) currently would be appreciated. Replies to this message: Car_man (May 08, 2008 1:33 am)
#115 of 120 Re: Lease Numbers 2 [philly70] by Car_man HOST May 08, 2008 (1:33 am)
Replying to: philly70 (May 02, 2008 4:59 am) Hi philly70. This truck's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Ford Expedition Eddie Bauer 4WD with 15,000 miles per year are 2.5% and 45%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#116 of 120 Options for a 3rd Expedition Lease by kevininnh May 08, 2008 (4:43 am)
Over the past 6 years, I have driven Expeditoins that were leased by my company. The first was a 2002 Expedition EB on a 36-month/45kmi, and then a 2005 EB on the same 36/45k terms. I had done my homework on what the lease should have cost my company per month on this last lease, which was figured to be $512/mo (if I recall). When the company owner went in to finalize the deal, the payment was jacked up to around $599/mo using the sleezy tricks the leasing guys do. Anyway, my company is scaling down due to the economic slowdown & does not want to spend that kind of mony on leasing a new truck when the current lease is up next month. The buyout on the lease is about $1800 more than the bluebook of the truck. What is my best bet on leasing another Expedition when monthly payments are the biggest concern. My ending lease is about 7k miles under the limit, and vehicle was kepit in perfect shape. I want another Expedition EB with a 24 or 36mo lease. Any input would be greatly appreciated. Thanks.
#117 of 120 2008 Expedition Lease by sellgens May 11, 2008 (6:09 pm)
I am looking for a 24 or 36 month lease on a 2008 Expedition XLT (4x4, black exterior, black leather interior, sun roof) with $0 out of pocket (sign & drive) with yes 25k per year. What is the maximum monthly payment I should expect? I currently lease an '05 Mercury Mountaineer with the mileage - my lease is up 7/24/08, but I am willing to get into a new vehicle immediately. I do alot of driving and will put this mileage on the vehicle.
#118 of 120 Expedition Lease by nckracer May 31, 2008 (6:17 pm)
I have a 2007 EL EB. The sticker priced out at 52K. I ran it under X-Plan with a returning customer rebate and got it down to 46K. Wrote up a 2 yr lease with 40K miles and it came to $890 per mo. with nothing down.
#119 of 120 Why Lease? by driverofcars Oct 28, 2008 (8:11 pm)
With the brutal interest rates and cliff drop depreciation on 07's and 08's, why would you lease? Even after taxes, etc., you can get a great value right now on a practically new Expedition. The companies that used to buy batches of leases are no longer touching American and many other cars- the value prop of a lease has fallen into the toilet since about August.
#120 of 120 Just wondering.... by wvgasguy Dec 02, 2008 (6:03 am)
Got my Expedition last November on a 2 year lease. Was excited with the deal and love the vehicle. What I liked was residual of about $23,500 at the end of the two years and was thinking WOW, what a deal that would be. I planned to purchase it. However with the huge drop in values and a year to go my 08 is already at a $22.7 trade / $25.9K private party value. I looked up the price on an 07 figuring that's what my 08 would be worth in a year and the trade is $17.3K and $20.5K private party value. It's looking like while keeping my ride in really good condition and having it as an excellent used vehicle buying opportunity is not going to pay off as the price I'll have to pay will be $3K to $4K over ppv and a whopping $6K over what I could get for it in a trade.   Looks more and more like a walk away deal every day. Have any of you been able to deal with Ford Credit/Leasing to purchase at a price below residual?

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