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Lincoln MKX Lease Questions

250 messages,  Last post on May 06, 2013 at 12:18 PM

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What is this discussion about? Lincoln MKX, Car Leasing, Car Buying, SUV

Messages Page 19 of 26

#178 of 250 Lease Rates 2011 MKX by bbutash

Oct 08, 2010 (6:59 am)

Can you please post October rates for 2011 MKX for 12k miles?
 
Thanks

#179 of 250 Re: Lease Rates 2011 MKX [bbutash] by jpres11

Oct 10, 2010 (8:44 am)

Replying to: bbutash (Oct 08, 2010 6:59 am)
Carman-
 
Hello, hope all is well. I am also looking for October rates for 2011 15K miles on a MKX.. Take care.

#180 of 250 End of 39 month lease on 2007 MKX by harmonysrq

Oct 20, 2010 (2:33 pm)

I am a newbie and need your expertise. I am 2 payments away from the end of my 39 month FORD lease on my 2007 base Red MKX (great car). My payments are $403 month (including tax), for 10,500 miles/year - odometer at 26,500 now. I put down $595 out of pocket at signing, I'm looking at the lease and see amount due at signing says $3693 so that must have been dealer rebates, cost of vehicle says. $33,302. My question is: can i get into a 2010/2011 MKX for same monthly payment? (I cannot afford cash out of pocket or a higher monthly payment). Is my trade in worth anything to the dealer? the end of lease purchase price says $17,186 plus fee/taxes of $1499 = $18,686. When I search for comps they are selling anywhere $20,000 - $25,000 and Carmax gave me quote $20,000. I love the car but really want a new one. What should I do? Let me know if you need any other numbers? How much bargaining power do I have with dealer? All my maintenance was on time thru Lincoln dealer">

#181 of 250 Re: Lease Rates 2011 MKX [bbutash] by Car_man HOST

Oct 25, 2010 (2:51 am)

Replying to: bbutash (Oct 08, 2010 6:59 am)
I'd be happy to help you out, bbutash. Unfortunately, this truck's lease program varies by region. Its lease rates are anywhere from 2% to 4.5%. I would be happy to give you an idea of what its exact program is like on your area if you tell me what state you are in.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#182 of 250 Re: Lease Rates 2011 MKX [jpres11] by Car_man HOST

Oct 25, 2010 (2:52 am)

Replying to: jpres11 (Oct 10, 2010 8:44 am)
Thanks jpres11. I'd be happy to help you out. Unfortunately, this truck's lease program varies by region. Its lease rates are anywhere from 2% to 4.5%. I would be happy to give you an idea of what its exact program is like on your area if you tell me what state you are in.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#183 of 250 Re: End of 39 month lease on 2007 MKX [harmonysrq] by Car_man HOST

Oct 25, 2010 (2:54 am)

Replying to: harmonysrq (Oct 20, 2010 2:33 pm)
That is an excellent question, harmonysrq. At first glance, I'd say that you are going to have a tough time matching the excellent deal that you got on your current MKX. I can crunch some numbers for you to see what a new one would cost, but I need you to provide me with the full MSRP and approximate selling price of the new MKX that you want along with what state you are in. Let me know what these variables are and I'll work up a payment for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#184 of 250 Re: End of 39 month lease on 2007 MKX [Car_man] by harmonysrq

Nov 15, 2010 (4:17 pm)

Replying to: Car_man (Oct 25, 2010 2:54 am)
hi carman,
finally the new 2011 MKX are out and I saw some at Ed Howard Lincoln in Sarasota, Florida. After talking to salesman and seeing how much the standard price has gone up in 3 years on base model $39,145 I don't think we can make it work. I don't think My 2007 MKX which now has 27,125 miles on it is worth anything to them (they said it would go to auction) even though my purchase price is $17,186 and I only have one more $403 payment, they couldn't get me into one under $400 without any money down. Should I go to CARMAX and see what my car appraises for again? It's been 5 months and 3,000 more miles since their $20,000 appraisal. thanks - so what is the best deal i can expect on new 2011 MKX lease with only $1500 down?

#185 of 250 Re: End of 39 month lease on 2007 MKX [harmonysrq] by capt_don

Nov 17, 2010 (8:47 am)

Replying to: harmonysrq (Nov 15, 2010 4:17 pm)
I recently leased a 2011 MKX fully loaded (everything but the rear seat DVD's) for 36mos 12/mi for 460/mo. in N. Jersey. I did put 4K down - 1500 for inception and 2500 down. I believe residual was 28K. The only thing I am disappointed in so far are the "Chrome" clad wheels and no power folding sideview mirrors. Everything else is fantastic. I went to several dealerships and found prices varied as much as 150 dollars a month so there seems to be some negotiability, but I think in the end, I got a good price. This is my first time leasing.

#186 of 250 Lease Question by njbmwpa

Dec 01, 2010 (7:56 pm)

Car_Man
 
Can you perhaps work up a lease figure for me? I am looking to lease a 2011 MKX AWD before month end. One question - my current lease ends in January 2011 - what are your thoughts about holding out on leasing in 2010 and waiting until 2011? I figure I might be safer doing a lease now versus later due to residuals.
 
Here is what was worked up the dealer.
 MSRP - $50,235
 Negotiated Price - $46,919
 Term - 39 months - was told they would do 39 versus 36 since it would be cheaper
 Residual - 56%
 MF - 3.75%
  
 NO CAP COST REDUCTION please... & state of residency is NJ.
 
 Secondly I also have a Costco membership so can go through Costco - but they are kind of a pain because no dealership will give you a quote over the phone (except BMW) any other dealer wants you to come in... And I also qualify for X plan pricing which currently shows $1,833 off of the sticker, and all additional $1,000 incentive. Lastly Lincoln has an $ 800 discount off of sticker called "NE Special Edition Discount" whatever that is. I had called Lincoln today and all of the "Lincoln Wish List $1,500 off... is for purchases only - apparently"
 
Any help is greatly appreciated!
  
Thank you!

#187 of 250 Re: End of 39 month lease on 2007 MKX [capt_don] by njbmwpa

Dec 03, 2010 (7:27 am)

Replying to: capt_don (Nov 17, 2010 8:47 am)
Capt_Don
 
How do you like the MKX thus far? Two questions for you... First being, and please excuse the fact that I am clueless on wheels, what does the Chrome Clad wheel look like? Does it actually look like Chrome? I test drove one the other day but it had the Limited Edition Package wheels on it which are polished aluminum. Second question is what dealership did you lease your MKX through?
 
Thank you

Messages Page 19 of 26

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