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Lincoln Zephyr: Lease Questions

110 messages, Last post on Nov 17, 2009 at 3:35 PM
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I have two months left on 2006 Zephyr lease for 39 month 10,500 miles. My current payment is $293 (with $0 down). This was a relatively base model car, the options added were the heated/cooled seats, the xenon lights, and the fancy wheels. No NAV or sun roof. I'm quite happy with the car and would consider doing a similar lease again but looks like the payments are quite a bit more, in the $400 range. What gives? Did the MKZ become that much more expensive?
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Quoted by a Yonkers NY dealer for a 2009 MKZ AWD with only 2 options of moon roof and 17" chrome wheels: 39 month term 10.5k miles/year lease rate of 1.5% $1k down $429/month + taxes and fees -or- purchase for $30,829 *Monthly rate seems high to me. Thoughts?? |
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Replying to: sammys (Jun 10, 2009 4:29 pm) When negotiating your lease on this car, make sure to take the $1,400 bonus cash that is currently available on it into account. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: rj123456 (Jun 13, 2009 2:59 pm) Vehicles' lease payments are made up of two parts, the interest portion and the depreciation portion. It retrospect, now that higher gas prices and a slower economy have taken their toll on used vehicle values, manufacturers had been overestimating the future values of vehicles that they were leasing. In many cases, the vehicles that they had leased to consumers were worth significantly less than what they had estimated they would be. This phenomenon caused many banks to take huge, millions and millions of dollars, hits to their earnings and to be more conservative in estimating vehicles' residual values going forward. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jun 15, 2009 1:53 am) Can you help me out again please with current incentives for the 2009 AWD MKZ, which I hear are set to expire on 6/30/2009? What, and how much, are these incentives? A previous poster, forthill, has an interesting deal and I wonder what your thoughts are on it? What is the RV for 10.5k miles on that auto? Thanks. SammyS
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Replying to: sammys (Jun 15, 2009 4:46 am) Thanks!
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Replying to: sammys (Jun 15, 2009 4:46 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: sammys (Jun 15, 2009 4:19 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jun 15, 2009 1:59 am) I wonder if there is any lease out for a midsize near luxo mobile in the $300 range. I saw an ad today in our local paper (San Jose Mercury News) for a BMW 328i (def. luxury terrain) for $399. But they wanted $2 or $3K down.
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Replying to: Car_man (Jun 15, 2009 1:59 am) So what gives?
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