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Prices Paid: Buying & Leasing Experiences Lincoln MKX Lease Questions
169 messages, Last post on Oct 23, 2009 at 2:29 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Could somebody tell me what is money factor and residual for this month? 36 month 10K miles per year for FWD Thank you
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Replying to: edwood666 (Aug 02, 2008 9:19 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I went into the Wayne, NJ dealership yesterday and was interested in signing for a MKX. They only had AWD and I was not interested in the package with NAV or the roof and whatever. I have NAV on my cell phone. They came out with a price of $500 per month with nothing down  12k a year for 39 months. I did not tell him that I was elegible for the 'A' plan. I went outside, was told I can get the A plan price, went back in there and they said the $500 per is the best price. I think that is BS. I figured I would be able to get it for a lot less on the A plan. Any thoughts out there? I want to turn in my 2006 Lincoln LS early. Any help would be greatly appreciated. |
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Car Man, Do you know the current lease program by Ford credit for the MKX. That is, the money factor and residual - for 12k both for 36/39 month lease. Thanks.
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Replying to: Zack99 (Feb 05, 2009 5:13 pm) 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. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Feb 10, 2009 3:55 am) FWD model.
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Replying to: Zack99 (Feb 10, 2009 7:32 pm)
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Replying to: Car_man (Feb 10, 2009 3:55 am) I was just offered the following deal: 2009 MKX FWD 39 months 12k/yr MRSP 39180 Invoice : 37073 { includes advertisement fee of $ 935) Rebates $3000 Bank fee - $595 Price paid - 33741 (after rebate) + 595 bank fee Cap Cost 34336 Residual 43% 16847 Money factor 0.25% Monthly rate with $0 down and all taxes included in monthly rate (8.25%) is $505 and first month paid by Ford - current promotion. Due at signing license and title fee of $ 68. Is this a good deal? Car_man, you mentioned in a previous post the residual value on an AWD 39 months is 44%. Is the residual value on a FWD different ie. 43 % ( this was dealers residual value)
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Replying to: Zack99 (Feb 10, 2009 7:32 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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