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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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#63 of 81
Re: Freestyle vs Edge [ron48164] by Car_man HOST
Aug 29, 2007 (1:33 am)
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Replying to: ron48164 (Jul 21, 2007 2:19 am)

Hi ron48164. Ford is no longer providing lease support on the 2007 Freestyle. It only has lease support on the 2008 Taurus X. So for now I will give you an idea of what the lease programs are like for the '07 Edge and the '08 Taurus X.
 
Ford Credit's current base lease rate and residual value for a 24 month lease of a 2007 Ford Edge SEL AWD are 0.75% and 61%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. When negotiating your lease on this truck, make sure to take advantage of the $1,250 lease cash that is currently available on it in your area.
 
Ford Credit's current base lease rate and residual value for a 24 month lease of a 2008 Taurus X SEL AWD with 15,000 miles per year are 1.5% and 59%, respectively. Ford is currently providing $1,000 lease cash on this model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#64 of 81
Re: Freestyle vs Edge [Car_man] by ron48164
Aug 29, 2007 (5:45 pm)
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Replying to: Car_man (Aug 29, 2007 1:33 am)

I found out about the lack of lease support. Made it back to Detroit and spoke to my long time salesman.
 
I ended up getting a Edge SE-AWD In Denver. FMCC added an extra $500 here on 8/23, but not in Detroit. $1750 in rebates, 64% residual on 10,500/yr lease, .75% lease rate. $26000 on z-plan, $295/mo before taxes.
#65 of 81
'08 AWD Limited, Lease Question by david101
Oct 19, 2007 (7:20 am)
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I am about to close on an '08 Taurus X AWD Limited, with DVD, Power Moonroof, Chrome Wheels, Limited Conv. package, Satellite Radio and Limited Wood package. I am looking at a lease payment of $452 month, for a 39 month, 36,000 mile lease, no CAP reduction, taxes, fees, title upfront. This is based off of an x-plan price of $33,267 with a $1000 rebate (I think I could get another $500). Any thoughts out there on whether or not this is a good deal? I am located in NY.
#66 of 81
Re: '08 AWD Limited, Lease Question [david101] by Car_man HOST
Nov 09, 2007 (3:01 am)
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Replying to: david101 (Oct 19, 2007 7:20 am)

Greetings david101. The fact that you are able to purchase (or in this case lease) the Taurus X that you want through Ford's X-Plan basically guarantees that you are getting it for a good price. You can always double check that the dealer you are working with is using Ford Credit's base lease rate of 3% to calculate your monthly payment, but other than that you should be in good shape.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#67 of 81
Current Lease rates for '08 TX AWD by peetert
Mar 17, 2008 (5:42 am)
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We're still working out if we are going to buy/Lease a new TX or an '07 Freestyle. To that end, does anyone know the current lease rates and residuals for the AWD versions (SEL, EB and Ltd).
 
If we lease it'll probably be 3 yr, 15k/yr ( we've been averaging 13k on our current van)
 
Thanks
 
Peeter
#68 of 81
taurus X by swampdragon
Apr 01, 2008 (11:22 am)
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Does anybody lease these vehicles?
 
I am interested in leasing a pretty stripped down one that seats 6 - 36k miles - 36 months and have no idea on a good price.
 
I think that the residual is going to be poor making other higher priced japanese cars a better leasing deal.
#69 of 81
Re: Current Lease rates for '08 TX AWD [peetert] by Car_man HOST
Apr 10, 2008 (1:40 am)
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Replying to: peetert (Mar 17, 2008 5:42 am)

Hey Peeter. Here's the information that you're looking for. Ford Credit's current base lease rate and residual value in most areas for a 36 month lease of a 2008 Taurus X Eddie Bauer AWD with 15,000 miles per year are 3.5% and 46%, respectively. The lease rates for otherwise identical leases of the Taurus X Limited AWD and SEL AWD are the same, but their residual values are 45%. When negotiating your lease on this vehicle, make sure to take the $1,750 lease cash that Ford is currently providing on it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#70 of 81
Re: taurus X [swampdragon] by Car_man HOST
Apr 10, 2008 (1:46 am)
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Replying to: swampdragon (Apr 01, 2008 11:22 am)

Hi swampdragon. I see that you have an excellent idea of how leasing works. You're right, chances are that the Ford Taurus X will have lower residual values than a similar Honda or Toyota. This vehicle's lease payment will vary depending upon what its MSRP and selling price are. I can make some assumptions and work up a sample lease payment on one for you to give you an idea of what to expect. I will base the lease on a 2008 Ford Taurus X SEL 2WD that has an MSRP of $27,830 and a selling price of $24,492 ($500 over invoice minus $1,750 lease cash). According to my calculations. if you were to lease this vehicle through Ford Credit right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $380.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#71 of 81
Any indications of Ford Flex by sammin
Apr 30, 2008 (10:38 am)
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Hi Carman-
 
I'm planning on leasing a pretty much fully loaded Ford Flex Limited...any early indications on resid/money factors from Ford?
 
Thanks

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