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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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Replying to: 4x4 (Jun 04, 2009 5:14 am) As far as how much you have to put down on a lease goes, consumers can and should put nothing down when leasing. When I say nothing down, I mean no capitalized cost reduction. Even on a zero down lease, lessees still have to pay their vehicle's first month's payment, security deposit, acquisition fee, and any other required fees at signing (unless they roll some of these charges into their car or truck's capitalized cost). Let's work up a sample lease payment on the truck that you are interested in and see what we come up with. According to my calculations, if you were to lease a fairly loaded 2009 Lincoln MKX FWD that has an MSRP of $45,575 and a selling price of $39,901 ($500 over dealer invoice minus the $2,100 bonus cash that is available right now) through Ford Credit right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $596. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jcurtistx (Jun 07, 2009 2:27 am) Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Check out the articles and let us know if you have any specific questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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On 7/7/09 I signed a contract to lease a new 2009 Lincoln MKX. I live in N.Y. (I also brought the car home that day) (The rebates totaled $2850.00 ) Two days later (7/9/09) I got a call from the dealer saying that Ford will not reimburse him on one of the $750 rebates because I leased a Lincoln and not a Ford. He is saying that I have to come down to the dealer and sign a new contract and that my monthly payment would have to go up. Do I have to go and sign a new contract since I have already signed the contract, all of the other paper work and have had the car for 2 days?
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Replying to: stunts1 (Jul 12, 2009 10:00 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Car_man, What is the residual and current lease rates for 2010 MKX? Also, are there any thing changed for August 2009? I believe, last promotions and incentives ended Aug 3, 09. Thanks.
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Replying to: ajoag (Aug 06, 2009 4:27 pm) When negotiating on this truck, which I was pleasantly surprised with when I had an opportunity to spend some time with one, make sure to take advantage of the $1,000 bonus cash that Ford is currently providing on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Aug 07, 2009 1:44 am)
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Hi there! MSRP $45,180 Discount $3,347 Rebate $1,500 Sale Price $40,333 Demo with 3,983 miles on it. Want to do a 39 mo lease with 0 down. Sounds like 2.75% and 43% are about right on lease rate and residual. I don't think this would be a very good deal on a brand new car. I think he should get down to $36,000 for a sale price. Should I ask for more than that since it's a demo and an '09? Thanks much!
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Replying to: ajoag (Aug 07, 2009 1:13 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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