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Lincoln Navigator: Lease Questions

103 messages,  Last post on Mar 17, 2009 at 11:56 AM

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What is this discussion about? Lincoln Navigator, Car Leasing, SUV


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#94 of 103
2008 Navigator (2WD) w/ Elite - Southern Cal by neocortex
May 09, 2008 (8:45 pm)
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I'm in the market to lease a Navigator with the Elite Package + 20" Tires. Does anyone have any good information lease deals in Southern California - i.e. recommend a dealer and the price you paid?
 
In the current market, I'm having a difficult time getting dealers to go to invoice or below on such a gas guzzler. The factory incentive is good, but I'd really like breakdowns of some recent deals.
#95 of 103
Re: 2008 Navigator (2WD) w/ Elite - Southern Cal [neocortex] by toto88
May 22, 2008 (3:07 pm)
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Replying to: neocortex (May 09, 2008 8:45 pm)

Carman - I saw that Lincoln is offering $5,750 off on a Navigator lease. Do you know what the current MF/Interest rates and residuals are for a 4x2 Navigator for 24/36 months 12/15k miles/yr?
#96 of 103
Nav lease w/ 5,750 incentive by robihris99
Jun 01, 2008 (7:47 pm)
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Hi Car man. What do you think about these numbers. Elite package truck w/ 20" rims, window sticker shows MSRP $60,300. Lease cap $56,300 and after rebate of $5,750 - adjusted cap $50,550. Zero down, 39 mo, 12K miles/year, 44% residual ( I know in a previous posting you said residual was 48% for 39 mo- do you think they are not giving me the right terms or did they adjust the residual and bump up the rebate?) and 3% interest. Before taxes payment came to $713. After tax 835 ( ford includes excise tax and sales tax).
Also do you think the rebates and incentives are going to get even better after June 30th (the 5,750 expires then) since they will have to clear the inventory for the next year model. thank you
 
P.s. I have numbers for a Range Rover lease but I'll put that in the range rover stream. please respond I have a decision to make. lol
#97 of 103
Re: 2008 Navigator (2WD) w/ Elite - Southern Cal [toto88] by Car_man HOST
Jun 11, 2008 (3:05 am)
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Replying to: toto88 (May 22, 2008 3:07 pm)

Hi toto88. According to the latest information that I have seen, if you were to lease a 2008 Lincoln Navigator 2WD through Ford Credit right now for 24 months with 15,000 miles per year 0.5% and 52%, respectively. The numbers for an otherwise identical 36 month lease are 3.25% and 44%. If you were to lease with only 12,000 miles per year, this truck's residual values will be 2% higher. As you can see, Ford Credit publishes lease rates instead of money factors for vehicles. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#98 of 103
Re: Nav lease w/ 5,750 incentive [robihris99] by Car_man HOST
Jun 11, 2008 (3:17 am)
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Replying to: robihris99 (Jun 01, 2008 7:47 pm)

Hi robihris99. What is the selling price that you were quoted in relation to this truck's dealer invoice price? You can look up its exact invoice price over in the New Vehicle Pricing section of Edmunds.com. Given the absolutely terrible market for large SUVs right now, I suspect that you should be able to get the Gator that you want for around invoice minus all of the available cash incentives.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#99 of 103
July Lease #'s for 'Gator by wjtinatl
Jul 09, 2008 (7:23 am)
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Car guy
Ford just published some new lease incentives on both Navigator and Expedidtion. Looking to replace our '04 Gator and leasing may be an option. Given the big cash incentives to lease these trucks ($7500), what are the money factors and residuals? 24 or 39 months 15k miles/year? Dealer staes they'll set up cap cost at invoice which is $54524 on the 'gator, $45,227 on the Ex. THANKS!
#100 of 103
Re: July Lease #'s for 'Gator [wjtinatl] by Car_man HOST
Aug 01, 2008 (2:51 am)
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Replying to: wjtinatl (Jul 09, 2008 7:23 am)

Hi wjtinatl. According to the latest information that I have seen, Ford Credit's current base lease rate and residual value for a 24 month lease of a 2008 Lincoln Navigator 4WD with 15,000 miles per year are 0.25% and 47%, respectively. The numbers for an otherwise identical 39 month lease are 3.75% and 37%. 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 that the dealer subtracts the $7,500 lease cash that is currently available on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#101 of 103
Could use some help on leasing an '08 or '09 by redroc14
Jan 17, 2009 (7:21 am)
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I'm hoping to get some help before I go to the dealer. I'm looking to lease either an '08 or '09 Navigator on Long Island NY. It looks like the deals on the '08 are very good and there seems to be a lot around. One specific one I see is an '08 with a sticker price of $61,065. On Edmunds it shows the invoice as $55,213 and TMV price of $54,865. So here are the questions
- Should I expect the cost of the truck to be appx the TMV price minus the $6500 in incentives ($54,865 - $6,500 = $48,365)?
- what are the money factor or interest rates and residual percentages for an '08 with 24mos, 36 mos and 39 mos with 15,000 miles per year?
- same question for an '09 regarding money factor and residual
 
I appreciate any help I can get before I go to the dealer. Chances are I will end up back here afterwards to get some thoughts on what I learn!
#102 of 103
Re: Could use some help on leasing an '08 or '09 [redroc14] by Car_man HOST
Jan 20, 2009 (4:03 am)
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Replying to: redroc14 (Jan 17, 2009 7:21 am)

Hi redroc14. There isn't much negotiation on the Lincoln Navigator right now because Ford is running its "Employee Pricing Plus" promotion which provides all consumers with the ability to purchase or lease new vehicles at its employee purchase price.
 
Ford is no longer leasing 2008 models, so if you want to lease a Navigator through Ford Credit you will have to go with a 2009 model. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Lincoln Navigator 4WD with 15,000 miles per year are 4.25% and an atrocious 36%, respectively. The numbers for an otherwise identical 39 month lease are 4.5% and 34%. Ford is not currently providing support on 24 month leases.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#103 of 103
Is this a good deal? by jeb3779
Mar 17, 2009 (11:56 am)
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We are looking for a 3 row suv that actually has trunk space (we have strollers) when the third row is being used. Have basically looked at everything but the seqouia (can't find one). We are limited to the navigator, armada, qx56, and expedition. I haven't driven the navigator or expedition yet and was wondering if they basically drive the same or is the expedition more truck like? Pricing these cars out for leases are crazy and they want in the 800-900 range for a loaded armada. I can't justify paying that much. I was able to find a 08 fully loaded navigator that is on a lease and the person wants out. It has 9k miles on it and I can average a little over a 1000 miles a month for the rest of the 26 months. The payments would be about $690 with tax. This sounds like a great deal to me considering the prices I have been getting. Has anyone taken over a lease before and if so what should I make sure to do so I don't get taken advantage of. Is this ia good deal? Thanks for your help

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