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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

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


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#32 of 169
Good deal or no deal for a MKX lease by ridge2
May 23, 2007 (7:57 am)
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will be getting my MKX - vivid red MKX next week. Is there a way to know if I have a good lease deal?
  
I am leasing the MKX with only the ultimate package showing MSRP of $38440 for $444 a month.
Here are the details
 - May incentives of $1250 cash rebate
 - $1000 MFG to customer rebate sent to me from FORD
   (no other money put down),
 - 39 months with 12000 miles,
 - money factor based on 1.5% top tier credit
  _ Monthly lease including taxes $444 a month.
  - Only other expense will be my "out the door" which I will pay separately for a total of $1567
THis is in New Jersesy
Hoping I am getting a good lease deal.
#33 of 169
Re: Good deal or no deal for a MKX lease [ridge2] by bromano
May 23, 2007 (12:35 pm)
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Replying to: ridge2 (May 23, 2007 7:57 am)

Dear Ridge2. We're in the process of buying much the same car in a dif color. Offer we got was $38,000 at 1.5%, too. We haven't talked payments yet. The dealer here (Drivers' village), has not mentioned the incentives and rebates you noted in your message....so that's good to hear about. I'll have to ask! Thanks.
#35 of 169
Re: Good deal or no deal for a MKX lease [bromano] by ridge2
May 24, 2007 (5:32 am)
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Replying to: bromano (May 23, 2007 12:35 pm)

Dear Bromano,
 
Go to the Ford site and select special offers. There you will see all the lease special that are being offered. The one until July 2007 is a cash rebate of $1250. you can bring it with you that is what I did.
The other one that I had was a special offfering to me from FORD - not sure why I received it ( I was leaseing from another company) but glad they sent it to me - I receive that 3 months ago in the mail.
Good luck Hope we both are getting a good deal.
 
#36 of 169
Re: Good deal or no deal for a MKX lease [ridge2] by billsyr
May 26, 2007 (10:18 am)
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Replying to: ridge2 (May 24, 2007 5:32 am)

We pretty much closed on our MKX deal this morning. I have a question. We applied an employee "X" plan to the cost. We were told that it is applied to the MSRP. Is that correct?
#37 of 169
Re: Good deal or no deal for a MKX lease [billsyr] by dylcon
May 26, 2007 (7:00 pm)
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Replying to: billsyr (May 26, 2007 10:18 am)

Nobody seems to care and answer in this forum so....it seems to be a waste of time to ask any questions.
 
Good luck.
#38 of 169
Re: Good deal or no deal for a MKX lease [dylcon] by ridge2
May 27, 2007 (6:31 am)
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Replying to: dylcon (May 26, 2007 7:00 pm)

I think you are right. My guess is after everybody is finished with the neg and has their car. THey don't bother looking back here.
Here wishing you a good driving experience
#39 of 169
No response by hardhawk
May 27, 2007 (2:49 pm)
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I don't know if we are supposed to e-mail Car Man direct or just post here. There never seem to be any responses here. It would be nice if he posted each month the residuals, money factors, and incentives for each vehicle. Then we would not have to ask and gamble on hearing back. I am sure there is lots more action on some of the other lease boards, so in fairness he is very busy.
#40 of 169
Re: Good deal or no deal for a MKX lease [ridge2] by cad4me
Jun 02, 2007 (8:42 pm)
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Replying to: ridge2 (May 23, 2007 7:57 am)

that's a good deal. It looks like the price of the car is marked down to about 35K using the current interest rates on 39 mo leases. May be there is little more room depending on how bad the dealer wants to close it out.
you may be able to get a better deal with 24 mo lease; interest rate is .25% currently.
#41 of 169
residual value by carquestion2
Jun 03, 2007 (4:29 am)
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How do you check the accuracy of what the dealer lists as the residual value of the vehicle at the end of the lease period?

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