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Lincoln MKX Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 24 of 26

#227 of 250 Re: 2012 MKX AWD Lease [Car_man] by nybroker

Oct 26, 2012 (6:10 pm)

Replying to: Car_man (Oct 23, 2012 5:09 pm)
37950 is selling price

#228 of 250 April Lease Rates Needed by hilltop3

Mar 31, 2013 (12:31 pm)

Would you please tell me the April MF and RV for 2013 MKX, AWD, Michigan. Equip Grp 102A. Need 24, 36, 39 mos for 15K. What extra discount does the X-Plan entail?
 
Thanks so much!

#229 of 250 April Lease Questions Cont. by hilltop3

Apr 02, 2013 (6:56 am)

Hi Car_ man,
Additional question to the above MKX inquiry... Are Lincoln dealerships currently getting a$2000 incentive?

#230 of 250 Re: April Lease Questions Cont. [hilltop3] by hadi0116

Apr 03, 2013 (8:59 am)

Replying to: hilltop3 (Apr 02, 2013 6:56 am)
hiltop3,
 
I live in south florida and went to lincoln dealer yesterday. Below you will find the numbers I received back from the dealer. Trying to get a better deal, I felt that the MF at 2% was high. What are your thoughts car_man? Please help.
 
Lincoln MKX 102A Package with Elite and 22 inch polished wheels
True sign & Drive - 0 out of pocket
39months
15,000 miles
Lease payment - $564 tax and fees included
MSRP: $48,000 and change
Invoice was - $45,000 and change
Cap Cost - $41,100 - there were $3600 dealer incentives
MF: 2 %
RV: 52%

#231 of 250 Re: April Lease Questions Cont. [hadi0116] by hilltop3

Apr 04, 2013 (5:22 am)

Replying to: hadi0116 (Apr 03, 2013 8:59 am)
Michigan
24 mos 15k, MF 1/2%, RV 62%
36 mos 15k, MF 1.75%, RV 53%
 
MSRP $49,730
X-plan Selling Price (includes $645 Acquisition fee) $47225
$4600 in rebates this month
Net Cap Cost $42,725
36 mos, 15K, 6% tax
$550 mos with tax and tire and rim warranty ($540 w/out)

#232 of 250 Re: April Lease Questions Cont. [hadi0116] by hilltop3

Apr 04, 2013 (1:18 pm)

Replying to: hadi0116 (Apr 03, 2013 8:59 am)
Hi hadi0116,
Just received best quote yet.
36mos/15K
$529 mos w/tax, and, tire and rim warranty ( not sure if I really need... Never a problem w/current 20" wheels, but...) $517 w/out warranty. Had best quote from heavy volume dealer. Goal now is $500mos.
 
Notice there is a $971 dealer holdback on this car.

#233 of 250 Re: April Lease Questions Cont. [hilltop3] by hadi0116

Apr 04, 2013 (10:25 pm)

Replying to: hilltop3 (Apr 04, 2013 1:18 pm)
Hi hilltop3,
 
The last quote you received sounds great but do you have to put anything down? Is the deal sign & drive? Thanks for all the info, I will continue to shop to see if I can do better. Let's keep in touch.

#234 of 250 Re: April Lease Questions Cont. [hadi0116] by hilltop3

Apr 05, 2013 (5:11 am)

Replying to: hadi0116 (Apr 04, 2013 10:25 pm)
Nothing down, drive off is 1st mos payment, doc, registration/transfer... $921. MF and RV appear consistent with everyone. Not sure how they finnagle. I have been asking everyone for their very best offer because I am shopping around. Told them that I am aware of what the invoice cost is, and want a good deal based on that. Then make sure you are getting tax included and rebates in the monthly they offer you (every dealership tells me I am getting $4600 in rebates. X-plan adds about $500 to invoice.) The last car I leased I went with a dealership that is an hour away. Will probably wait until the last week of the month to ask for a $500 mos payment offer. Hopefully they will have a quota to fill, and will make me the best offer.
 
I have been working with the Internet Manager at each dealership, saving me a lot of running around. Will only go in once I get pricing I want.

#235 of 250 Re: April Lease Questions Cont. [hilltop3] by hadi0116

Apr 05, 2013 (2:25 pm)

Replying to: hilltop3 (Apr 05, 2013 5:11 am)
Thanks hilltop3,
 
I'm doing the same, working online until I get closer to what I think is a good deal. Waiting for one more dealer to get back to me today or tomorrow, will keep you updated. When you pay the $921 to drive off you are adding to the true cost. Divide it into the 36 months so you see your true lease cost for the vehicle. In your case your net lease is $542 a month with out the tire and wheel package. The $564 I was quoted was 0 drive off ( sign and drive ) with a 7% tax rate. I would love to get 36 months instead of 39 and would like to be under $530 with tax on 15,000 miles and sign/drive. Thanks for the X-plan info, I will ask about it. My dealer is asking 2 points for the money factor on 39months, not sure how you got 1.75 on 36months.

#236 of 250 Re: April Lease Questions Cont. [hadi0116] by hilltop3

Apr 05, 2013 (8:42 pm)

Replying to: hadi0116 (Apr 05, 2013 2:25 pm)
Hey Hadi0116,
The ($921) I expect to pay... First month payment, documentation fee, plate transfer. Otherwise too much additional $ to add to your monthly, and its being charged interest.
 
Just got best offer today $505mos. with taxes. Very excited. These guys are ready to deal!
 
X-plan is a discount you can get if you know Ford employee to get a PIN# from.
 
For 39 mos./15 K the 2% seems in line... 24m is .5 (.0002), 36m is 1.75 (.0007), so 39 mos 2% is probably what it is. Keep talking to dealerships and you will no doubt keep getting better prices.
 
Have been told tire and rim is something to get, but include it at the end afterball is written up, and bargain for it.
 
Look at website Leasesmart and plug in up front $921 (whatever it is) in Drive Off section. Pretty good idea of what to expect.

Messages Page 24 of 26

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