Ask the Car People.SM


Ford Expedition: Lease Questions

132 messages,  Last post on Apr 21, 2013 at 3:29 PM

You are in the Ford Expedition Forum.

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

    

Messages Page 13 of 14

#119 of 132 Why Lease? by driverofcars

Oct 28, 2008 (9:11 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 132 Just wondering.... by wvgasguy

Dec 02, 2008 (7:03 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?

#121 of 132 Lease Rates by jim53

Mar 08, 2010 (7:52 am)

Does anyone know the current Money Factor and Residual for an Expedition EL at 36-39 months with 12K miles per year?

#122 of 132 Re: Lease Rates [jim53] by Car_man HOST

Mar 15, 2010 (3:15 am)

Replying to: jim53 (Mar 08, 2010 7:52 am)
Hey jim53. Like the Chevrolet Suburban that I believe you expressed interest in as well, there is not currently any lease support available on the 2010 Ford Expedition. As a result, it is not a good vehicle to lease right now either.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#123 of 132 Advice re leasing an Expedition 2010 by falbaw

Jul 13, 2010 (6:06 pm)

My company is looking to lease me a 2010 or 2011 expedition for 36 mos with 19,500 mi per yr. The estimate I received from dealership was MSRP $44,610, sales price $43,610, residual of 41%, deposit of $1481.95, with monthly payments being $950.95!! I cannot get them to specifically tell me the money factor which from all my calculations must be absurd...doesn't this seem too high?? and is the 41% residual acceptable? also is the residual calculated from the capitalized cost or the depreciative?
thanks in advance!!

#124 of 132 Re: Advice re leasing an Expedition 2010 [falbaw] by Car_man HOST

Jul 26, 2010 (2:34 am)

Replying to: falbaw (Jul 13, 2010 6:06 pm)
Hi falbaw. If you need to lease a large SUV, the Expedition is not for you. ford is not currently providing any lease support on it. As a result, as you have found leasing one right one will be unbelievably expensive.
 
If you really want to lease a big SUV, you'd be better off going with the Chevrolet Suburban, Nissan Armada, or even the Toyota Sequoia.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#126 of 132 Expedition Leases by dataport

Aug 04, 2012 (8:47 am)

Anyone have an Expedition lease - need to know what the money factor rate is.

#127 of 132 Re: Expedition Leases [dataport] by Car_man HOST

Aug 26, 2012 (8:08 am)

Replying to: dataport (Aug 04, 2012 8:47 am)
Greetings dataport. Ford Credit's current base lease rate for a 36-month lease of a 2012 Expedition is 2.75%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#128 of 132 Limited Lease Numbers by dolphin5

Dec 24, 2012 (12:50 pm)

Hi Car_man,
 
Can you provide the 24 month with 15k mi/yr lease numbers (mf & resid) on 2012 & 2013 4x4 Expedition Limited Models. Can you also list manufacturer and dealer incentives.
 
Thanks

Messages Page 13 of 14

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement