Last post on Nov 07, 2013 at 5:11 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Ford Edge, Car Leasing, Car Buying, SUV
#217 of 790 Re: Rate My Lease Offer [shite4brains]
Aug 16, 2007 (6:00 pm)
No, I didn't mean you were paying the sales tax out of pocket. I just don't get how they got that number (sales tax: $809.71) It's not 5% of the sales price, not 5% of the net cap minus residual. It's not 5% of your monthly payment. I don't get it.
The about $3,100 was before rebate but included acq fee. He quoted me a rebate of $1,250. So, really total it would be NEARLY $5,000 off sticker. ($3,100 sale price, $1,250 rebate, $595 acq fee included). If you can qualify for the additional $500 rebate it would be almost $5,500 OFF STICKER with no out of pocket.
I was inquiring about this quote for elliemaej. If you are interested, the dealer is Woodhouse Ford in Blair, NE. They said they could deliver a car for $0.30 per mile both ways. I got my Edge from them in April and immediately was quoted by email a little over $28,800 on an MSRP of $32,690.
I just don't get how some of your dealers are still not even giving invoice prices on these 2007's. It's like they want to keep them forever.
#218 of 790 Re: Help! Current lease offer [leaserbuy]
Aug 16, 2007 (6:04 pm)
FYI if you could get the above deal your payment would be about $345 per month.
#219 of 790 Re: Help! Current lease offer [chuck68516]
Aug 17, 2007 (6:40 am)
Sorry, the above FYI was intended for shite4brains.
#220 of 790 Re: Help! Current lease offer [leaserbuy]
Aug 17, 2007 (8:13 am)
I think if you're tier 1 you should be getting 0.75%. Also, you didn't give MSRP so it is impossible for anyone to comment on your deal. You need the MSRP to calculate the lease. I will say that you are putting way too much down. You should be able to get a payment of $377 with nothing down.
#221 of 790 Re: Help! Current lease offer [chuck68516]
Aug 17, 2007 (9:10 am)
My mistake, I listed the MSRP as the sale price.
#222 of 790 ..how careful...
Aug 17, 2007 (9:26 am)
..one should be about the lease numbers even if I go with an X- Plan selling figure?....is there still room for someone to take advantage of me?...at the dealer of course
#223 of 790 Re: ..how careful... [svofan2]
Aug 17, 2007 (9:41 am)
You should be able to get X-Plan on your 2008 which would be okay. You can still get taken on the rent charge and fees.
The X-Plan just guarantees a certain discounted sale price.
It doesn't shield you from any of their money grubbing tactics.
#224 of 790 Re: Help! Current lease offer [leaserbuy]
Aug 17, 2007 (9:53 am)
Here's what we would need to calculate your payment for you.
It can't be calculated on "OUT OF POCKET" or "TOTAL DOWN
NEGOTIATED PRICE: The agreed upon sale price of the vehicle
NET CAP COST: Sale price minus rebates, minus down payment, plus the acquistion fees, other fees. DON'T INCLUDE YOUR FIRST MONTHLY PAYMENT HERE
Also check your actual residual price. Make sure they are actually giving you 49% or whatever the contract says.
They could quote you 49% then put a number below that in the contract.
It doesn't matter what invoice is. I said in a previous post that I couldn't believe people were still paying over invoice. I was just saying that would be a starting point at negotiations. I would expect you could do way better than that. My dealer said $5,000 off sticker, I don't see why most dealers couldn't at least come close to that.
#225 of 790 Re: Rate My Lease Offer [chuck68516]
Aug 17, 2007 (10:56 am)
You're a great American. Your advice and insight is truly appreciated. I'm in Maine so I don't think the Nebraska deal is going to makes sense at $0.30 per mile. Still, there are at least 30 2007 Edge's within 100 miles of me. I'm very flexible about color and options. I'm going to grind on a few people and push for a better deal. With the economy in turmoil, the market on the skids, credit getting tighter and the 2008s in the pipeline, I gotta think as the end of the month draws near somebody is going to want move some metal off the lot and come down in price along the lines you have described. I'll keep you apprised. Thanks again.
#226 of 790 Re: Help! Current lease offer [chuck68516]
Aug 17, 2007 (12:58 pm)
What is your dealer doing on Expedition leases? I have a 5000# boat to tow and the Edge won't pull it. Eddie Bauer regular length Expedition would fit the bill nicely. I am in SE KS so Blair, NE is not that much of a strect for me.