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Prices Paid: Buying & Leasing Experiences Lincoln MKX Lease Questions
137 messages, Last post on Jul 08, 2008 at 7:12 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: lakerunner4h (Nov 01, 2007 6:29 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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I was wondering if anyone has the current residuals and money factors for a 36 month, 12,000 miles per year lease?
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Replying to: Car_man (Nov 26, 2007 5:04 am) Thank you! I'm planning on leasing one this week.
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Replying to: Car_man (Nov 26, 2007 5:04 am) 08 MKX, Elite, Ultimate, Limited Edition. 39mo/15k per year MSRP (inc dest.) $43088 $1500 Lease Rebate $35500 Trade (Payoff same) $2218.75 (tax credit) 49% Residual 3% Lease Rate $0 down (except first month) $567/month This includes some sort of Extra Care Coverage that covers up to $2500 in excessive damages at the end of the lease. Anyone want to weigh in as to how good a deal I got? Thanks |
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Replying to: 737capt (Dec 31, 2007 12:01 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: houston8 (Jan 07, 2008 3:55 pm)  . You never mentioned the selling price of the MKX that you are interested in. I will calculate a sample lease payment on it for you, but I am going to have to make an assumption about the selling price. For now I will assume that you are being given a $3,000 dealer discount on this truck. Let me know if its selling price is different than this. According to my calculations, if you were to lease a 2008 Lincoln MKX 2WD that has an MSRP of $43,610 and a selling price of $39,110 (MSRP - $3,000 dealer discount - $1,500 lease cash) through Ford Credit right now for 39 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $529. You can use the formula that is outlined in the following article to calculate lease payments on your own: Calculate Your Own Lease Payment. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm trying to figure out if i'm getting a decent deal. I'm interested in leasing a 2008 MKX with an MSRP of 42225 and I am paying $39,500, edmunds.com says the dealer invoice price is 38,800. I'm also getting $2,000 in incentives ($1,500 rebate + $500 college incentive program). I was interested in leasing it at 24 months with 12,000 miles. The dealer here (Indiana) quoted me at 0 down for $565 a month (i think that is without taxes, if it is that + 6% sales tax would make it $598). Can you tell me if that is a decent deal? Also what should it be a month if i went up to 36 months
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Replying to: fogarty19 (Feb 16, 2008 3:25 pm) The 36mo lease has a MF that is 5x higher at 2.5% or .00104. I recalled residual being about 51%. Your payment would be very close to the same. |
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My lovely wife would like to lease an MKX. She wants it all prettied up w/4wd. I have been offered a 15k lease rate of $599/month w/ approx. $3500 down. I think I can do better. I would appreciate any info and would like to thank you all in advance. Scumfrog
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Replying to: scumfrog (Mar 05, 2008 7:47 am) Hope this helps.
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