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Lincoln MKX Lease Questions

137 messages,  Last post on Jul 08, 2008 at 7:12 PM

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

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#45 of 137 Re: June Lease Rates - Anyone have? [mistereed] by jak51 Jun 07, 2007 (12:08 pm)
Replying to: mistereed (Jun 07, 2007 11:26 am) I can tell you for 36 months the rate is 1.5% and the residual is 52% for a MKX and 51% for a MKX w/Ultimate package on 12K. I was told there were no anticipated changes for June, when I signed my papers May 31st. I am in IN, I would think they should be the same for Ohio. Replies to this message: ridge2 (Jun 18, 2007 10:37 am) jak51 (Jun 19, 2007 7:47 am)
#46 of 137 Re: June Lease Rates - Anyone have? [jak51] by ridge2 Jun 18, 2007 (10:37 am)
Replying to: jak51 (Jun 07, 2007 12:08 pm) When I purchased my car last month in May I was told it was 49% - I live in NJ. I thought that was low but each dealer told me the same when I was pricing the car.   I do have it and like the car a lot. But the glare is bad. But one gets use to it. Replies to this message: jak51 (Jun 19, 2007 7:47 am)
#47 of 137 Re: June Lease Rates - Anyone have? [ridge2] by jak51 Jun 19, 2007 (7:47 am)
Replying to: ridge2 (Jun 18, 2007 10:37 am) If your lease was 15K and you have the Ultimate package the residual was 49%. I have a 12K lease which puts the residual 2% higher.   The glare can be a challenge at times. I have the stone interior which is not too bad. I believe the glare is enhanced by the steep angle of the windshield. I just got off my Honda Pilot lease and it's windshield was not as angled as the MKX. It had some glare on sunny days even with the dark interior but not a much as the MKX.
#48 of 137 Re: The month of May lease rates [dylcon] by Car_man HOST Jun 21, 2007 (2:51 am)
Replying to: dylcon (May 16, 2007 11:19 am) Hi dylcon. The 36 month, 10,500 mile per year residual value for a base 2007 Lincoln MKX is currently 53%.   Car_man Host Prices Paid Forum
#49 of 137 Re: CURRENT LEASES INFO FOR 13212 [billsyr] by Car_man HOST Jun 21, 2007 (2:59 am)
Replying to: billsyr (May 20, 2007 10:45 am) You're very welcome, billsyr. I'm glad that you find this site so helpful. Dealers are usually fairly hesitant to provide consumers with written quotes on vehicles and rightfully so because if they let you leave the dealership with a written offer there is a good chance that you will shop it all over town and never come back. The best way to get a good deal on the Lincoln MKX that you are interested in is to comparison shop for the lowest possible selling price. Once you have a selling price that you are comfortable with, have the dealer that gave you it calculate your truck's lease payment using its base lease rate. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Lincoln MKX with 15,000 miles per year are 1.5% and 50%, respectively.   I see that you are considering trading in your Grand Cherokee when you get your new vehicle. There's nothing wrong with trading in your current vehicle when leasing, just make sure that you have the dealer that you trade it in to cut you a check for any equity that you have in it rather than using the proceeds from it as a down payment for your lease. I always advise consumers against making large down payments when leasing. Those who do risk losing all or part of the money that they put down if their leased vehicle is totaled in an accident or stolen and never recovered.   Car_man Host Prices Paid Forum
#50 of 137 Re: June Lease Rates - Anyone have? [mistereed] by Car_man HOST Jun 21, 2007 (3:10 am)
Replying to: mistereed (Jun 07, 2007 11:26 am) Hi mistereed. Ford Credit's base lease rate and residual value for a 36 month lease of a 2007 Lincoln MKX (non-Ultimate) with 12,000 miles per year are 1.5% and 52%, respectively. The numbers for an otherwise identical 39 month lease are 1.75% and 50%. If you were to lease this truck with only 10,500 miles per year, its residual values would be 1% higher. When negotiating your lease on this truck, make sure to take the $1,000 lease cash that Lincoln is providing on it into account. It will help you to negotiate an attractive capitalized cost for your lease.   Car_man Host Prices Paid Forum Replies to this message: ridge2 (Jun 21, 2007 7:43 am)
#51 of 137 Re: June Lease Rates - Anyone have? [Car_man] by ridge2 Jun 21, 2007 (7:43 am)
Replying to: Car_man (Jun 21, 2007 3:10 am) I don't understand the numbers that are presented don't seem to jive with what I was told by the dealership at the time of leasing - but I believe I got a very good deal with a 39 month lease for $431 a month with 12 miles per year, and no additional money down but the rebates and a cash promotion of $1000 that was given to me by the Ford Motor company. But they told me the residual was 49%
#52 of 137 July Lease Rates - Any updates? by prairiecritter Jul 08, 2007 (6:58 pm)
This site is awesome...and this is my first post! While my eyes have been opened wide with great information, I'm embarassed about all the money I've wasted over the years, due to my lack of education about leasing!   (But on to business) Does anyone have updated lease rate information for the MKX? I'm looking at an MKX AWD with the Ultimate package. I'm probably most interested in a 36-month lease with 12k miles/yr, but would consider a 10.5k/yr lease, depending upon how the rates shake out.   I'd appreciate any guidance you can give me...thanks so much in advance! Replies to this message: Car_man (Aug 01, 2007 2:45 am)
#53 of 137 New July Lease Rates by hardhawk Jul 09, 2007 (8:12 am)
Car Man:   Can you post the lease rates and residuals for the 2007 MKX Ultimate both AWD and FWD for 36 and 39 month leases with 12000 miles per year? The information was supposed to change today. Thank you. Replies to this message: Car_man (Aug 01, 2007 2:51 am)
#54 of 137 Leasing in NJ by tadboys Jul 09, 2007 (11:31 am)
Can someone please tell me if this is a good deal? 36 mos. lease with 13,500 miles/yr. allowance, cash due of $1,200 and trade-in of $16,000 on a Lincoln MKX AWD ultimate demo model with 5,500 miles: List Price 40,725 less Cust. Disc. 3,245 Selling price 37,480 less Trade-in Value 16,000 Trade Diff. 21,480 + Sales Tax 1,511 + Doc. Fee 197 + Motor Vehicle Fees 351       Sub-total 23,536 less Lien Payoff 16,000 Sub-total 39,539 less MFG Rebate 3,000 Total Purchase Price 36,539   Summary Lease Numbers: 36 mos. at $475.87 a month with residual value of $20,362.50   Thanks, in advance. Replies to this message: prairiecritter (Jul 09, 2007 1:01 pm) tadboys (Jul 09, 2007 1:18 pm) dunepearl (Oct 14, 2007 5:15 pm) and 6 more... Car_man (Aug 01, 2007 2:59 am) homelucy (Aug 14, 2007 3:01 pm) coco7322 (Oct 13, 2007 6:15 am)

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