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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: billsyr (May 20, 2007 9:45 am) 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 |
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Replying to: mistereed (Jun 07, 2007 10:26 am) Car_man Host Prices Paid Forum
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Replying to: Car_man (Jun 21, 2007 2:10 am) 
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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!
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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.
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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.
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Replying to: tadboys (Jul 09, 2007 10:31 am)
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Replying to: prairiecritter (Jul 09, 2007 12:01 pm) Anyway, I don't know if including the trade-in value of my current lease is better, or if I should just take the early termination discount (up to 3 last payments) and consider a brand new lease of a Lincoln.
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Heard back from a Ford/Lincoln/Mercury dealer today: MKX AWD 24mos/12k lease $1750 rebate APR of 0.25% Residual of 61% |
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Looking for the rates and residuals for the new lease programs that came out yesterday. I someone can post them for 36, 39 and 48 months. Thanks very much.
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