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Ford Freestyle: Lease Questions

81 messages,  Last post on Sep 24, 2008 at 2:42 AM

You are in the Ford Freestyle Forum. Your Hosts are steve_ & tidester

What is this discussion about? Ford Freestyle, Ford Taurus X, Car Leasing, SUV


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#1 of 81
Ford Freestyle: Lease Questions by Car_man HOST
Aug 31, 2005 (2:59 am)
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Ford Freestyle. Thanks.
 
Car_man
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#2 of 81
Lease Payment for a Freestyle by dieselg4
Oct 18, 2005 (7:30 am)
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I went to Ford's website, but they don't have lease information for the Freestyle. I was looking at a Freestyle SE w/ AWD and the convenience package. Any ideas? Somehow I think it will be higher than the nearly ubsurd $299 lease promotion on the new Explorer XLT.
#3 of 81
Re: Lease Payment for a Freestyle [dieselg4] by edmeyer01
Oct 18, 2005 (8:05 pm)
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Replying to: dieselg4 (Oct 18, 2005 7:30 am)

I've actually been checking quotes for the FS and from what I can see, they right now are waiving sec. deposits and acq fees, and they have good interest rates and residuals with some cap cost reduction. Good luck.
#4 of 81
Re: Lease Payment for a Freestyle [dieselg4] by sueesponte
Oct 23, 2005 (5:30 am)
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Replying to: dieselg4 (Oct 18, 2005 7:30 am)

We actually went to a dealer real quickly yesterday to test drive a Freestyle, and ask a few questions about pricing. The salesman wasn't the greatest, and I'm not even sure if he wanted to sell a car from his attitude, but without ANY negotiation on our part or incentives on the dealer's side whatsoever (in fact, the net cap cost was basically set at MSRP), the lease price we were given on a Limited (with no options - no sec deposit) was $477/mo (w/6% tax). If you put $485 (or something like that) down as a sec dep the fee was about $455 (w/6% tax).
 
Now, I know the X3 3.0i is a completely different animal, but my parents just picked one up from BMW a few months ago. Their car is nicely optioned, it's a much more expensive vehicle, and they're spending almost $80/mo less.
 
Is Ford really trying to push people away from the Freestyle and into an Explorer? The $299/mo value of the Explorer XLT lease is so heavily incentivized compared to the fees for the less expensive Freestyle that it makes me wonder what Ford is thinking.
 
-Eric
#5 of 81
sueesponte - try this by passat_2002
Oct 23, 2005 (8:11 am)
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Why don't you share the X3 lease info with your Ford dealer and see if the terms for a Freestyle Limited lease don't get suddenly better. Also, make sure you're comparing apples to apples when comparing lease's. For instance, didn't the X3 lease include a considerable down payment? (capital cost reduction, deposit, etc.) Allowed yearly mileage is another way leases vary. A persons credit rating may make a difference as well.
#6 of 81
Re: sueesponte - try this [passat_2002] by stmss
Oct 24, 2005 (10:23 am)
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Replying to: passat_2002 (Oct 23, 2005 8:11 am)

Good advice - you really need to be careful in comparing. You can run some numbers to check out what Ford is offering on many auto websites, including this one. You need to be sure Ford is giving you all the terms in order to evaluate properly. There should be no hidden numbers. These tools are also very helpful in understanding effect of downpayment and interest rate.
 
On my recent lease, I found the Ford worksheet missing some numbers. As you suggest, I took in my own numbers (both from my own research and competitors) to arrive at an agreeable monthly rate. I jsut made them rework whatever they had to to get the right answer!
#7 of 81
Re: Lease Payment for a Freestyle by Car_man HOST
Oct 30, 2005 (8:11 am)
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Hi dieselg4. I suspect that a Ford Freestyle will be more expensive to lease than a Ford Explorer as well. We can find out how much the exact Freestyle that you want will cost to lease if you let me know which model you want, a Freestyle SE 2WD, a Freestyle SEL AWD, etc..., its full MSRP, and approximate selling price.
 
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#8 of 81
Re: Lease Payment for a Freestyle [Car_man] by mtds
Nov 19, 2005 (5:52 am)
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Replying to: Car_man (Oct 30, 2005 8:11 am)

Car_man - Since I haven't seen dieselg4's reply I am interested in a Ford Freestyle Limited AWD with MSRP ($30,580) and approximate selling price, true market value($30,254)per Edmunds.com
#9 of 81
Re: Lease Payment for a Freestyle [mtds] by Car_man HOST
Nov 22, 2005 (4:20 am)
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Replying to: mtds (Nov 19, 2005 5:52 am)

Hi mtds. I take it that you would like me to estimate what this vehicle's lease program should be for you. You never mentioned how long you want to lease it for or how many miles per year you want to be able to drive it, so for now I will assume that we are talking about a 36 month lease with 12,000 miles per year. You definitely can do a lot better than the terrible True Market Value price that is listed for this model right now. Using the pricing that is currently being offered through Ford's "Keep it Simple" promotion a 2006 Ford Freestyle Limited AWD has an MSRP of $31,280 and a selling price of $28,228.62. Since you are leasing though, the cash incentives on this model are $500 less, so the capitalized cost would be based upon a price of $28,728.62. Using these numbers, if you were to lease this truck through Ford Credit right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $378.
 
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#10 of 81
2006 - Freestyle Limited AWD lease by minaldo1
Jan 15, 2006 (10:43 am)
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I got a lease of $405 per month on a 2006 AWD Freestyle LTD. The car is totally loaded with every option, MSRP is $37,150. They also put in a remote starter and passive alarm system. I paid $1,712 up front, which covered taxes, 1st month payment, and plate transfer fees. 36 month lease, 12,000 miles per year. What do you think of this deal?
Thanks

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