- #296 of 465
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Re: ..Little slow on leases... [elliemaej]
by svofan2
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Aug 30, 2007 (6:03 am)
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Replying to: elliemaej (Aug 29, 2007 5:45 pm)
Everyday that I come here I get really amazed at the knowledge that is provided. The previous person that gave that long and well thought explanation was terrific,but he or she is aware of figures and facts that most of us are far..very far away from fully understanding. On the other hand your explanation was simple enough for me to understand. yes the beauty of the X-Plan pricing is that the dealer is controlled by Ford on what they can charge and I fully aware of that.So based on your expiriences x-plan is the way to go since the selling price is already established by FORD. Sometimes I wonder if it is really that much better to lease than to buy based on all the pitfalls,granted leasing is the only way to get more car for less money but then one could be paying more (because of dealers tactics) than if you could buy..just my thoughts.
Thanks for all your help guys..
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- #297 of 465
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Re: ..Little slow on leases... [svofan2]
by jak51
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Aug 30, 2007 (10:30 am)
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Replying to: svofan2 (Aug 30, 2007 6:03 am)
I used X-plan and it quite simple. However, you still need to know what is the current money factor or percentage in Fords's case for leasing. The are bound to sell you the vehicle at x-plan price but they can mark up the money factor/percentage whether it be x-plan or not. I knew the money factor going into the negotiations and one dealer tried to mark it up on me. Needless to say they lost the deal.
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- #298 of 465
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Re: ..Little slow on leases... [svofan2]
by elliemaej
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Aug 30, 2007 (11:09 am)
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Replying to: svofan2 (Aug 30, 2007 6:03 am)
I used to lease years ago when I travelled for business. Then I purchased for a few more years. But, as I got older and more spoiled, I really want a new car every 2 - 4 years.
Leasing makes much more sense. As you said, you can definately get more car for your money. I wish I had this site when I did my last lease.
I am paying less per month for 24 months than I was paying for 39 months for a car that is about $1500 higher in MSRP.
Do your homework and stand your ground!
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- #299 of 465
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Re: ..Little slow on leases... [elliemaej]
by svofan2
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Aug 30, 2007 (12:35 pm)
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Replying to: elliemaej (Aug 30, 2007 11:09 am)
Thanks for the advise, the reason for all my asking is that the dealer I do business with are,well good acquaintances of mine, but as the old saying goe "business is business" and the ones doing the grunt work (even thou they know who I am) may try to "manuever" numbers around (that the owners may not know about or may know about).
I do believe that sometimes one is better off with strangers when it comes to business.If I know what I am talking about..well in a word is better to be prepared ALL the time,right?..and since I can get X-Plan I can go anywhere.
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- #300 of 465
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Re: ..Little slow on leases... [elliemaej]
by hardhawk
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Aug 30, 2007 (1:32 pm)
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Replying to: elliemaej (Aug 30, 2007 11:09 am)
Hooray for you in getting a good deal! It does pay to do your homework. I just wish there was a site where we could get residuals, interest rates (or money factors), acquisition fees, etc. for the various models out there. I am looking at several makes and models and the information changes every month. I hate to keep asking CarMan here and just wish there was one source where all of that could be found each month of all of the vehicles. Does any place like that exist or am I exercising wishful thinking? I'd pay for such a service as I am getting down to the end of my lease and want to make a decision soon.
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- #301 of 465
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Re: ..Little slow on leases... [hardhawk]
by svofan2
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Aug 30, 2007 (4:14 pm)
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Replying to: hardhawk (Aug 30, 2007 1:32 pm)
I hear you and I are in similar positions. My 05 Expedition lease ends in April 08 and I do want an 08 EDGE LIMITED with all bells and for what I hear they will take long on orders at the begining...and guess what my time frame is...you got right at the begining of production (placing order in Nov or Dec)even thou I have been told that by Nov and Dec the shortages will be over. At any rate it seems that some of the ingridients of the leases are a moving target and we as buyers hope to be as close as possible to honest numbers. I agree with you about a central site where all this numbers could be accessed,but don't hold your breath I guess that is the nature of the beast....A car salesman friend of mine (he sells Lexus) said to me once that the selling business changes so rapidly that someone buying the same car from the same dealer and same salesman acouple of hours apart may pay different prices. Of course negotiating skills play a big role on this but also it depends on what the sales manager's orders are to the sale staff.
The dealer biggest concern is to get the vehicles out of the lot as quickly as possible so the "floor plan" is a low as possible (read bank interest).
Information is our only weapon in this deals and that brings me to my original concern would I be best served buying? rather than leasing?..even thou I know the it will be cheaper to lease?...buying is the only way to be in total control if using X-PLAN, I think
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- #302 of 465
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Re: ..Little slow on leases... [svofan2]
by hardhawk
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Aug 31, 2007 (6:38 am)
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Replying to: svofan2 (Aug 30, 2007 4:14 pm)
One of the cars I like is the Edge. My dealer has ordered a 2008 Edge Limited with everything (BAMR,Nav,20" wheels, and SYNC is standard on the Limited) so we will see when it comes in. I am not obligated to lease it, but considering a sold order gets higher priority than a stock order, they are happy to do it. We will see what the numbers are when it comes in, if I have not gotten something else by then.
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- #303 of 465
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Re: ..Little slow on leases... [hardhawk]
by svofan2
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Aug 31, 2007 (9:44 am)
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Replying to: hardhawk (Aug 31, 2007 6:38 am)
That is great!...where are you located?...what color did you order?....did they give you a clue as too how long it will take to arrive?....please let us know...thanks
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- #304 of 465
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Re: ..Little slow on leases... [svofan2]
by hardhawk
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Aug 31, 2007 (2:10 pm)
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Replying to: svofan2 (Aug 31, 2007 9:44 am)
Black Limited, camel leather, BAMR, Nav, 20" wheels, power rear hatch, basically everything you can get except AWD. They gave no clue on time, but did offer an interesting comment on the SYNC system. They feel that the Limiteds will still get built even if SYNC is not ready yet with a price reduction for the stand alone option cost then simply add the cost back in when the SYNC becomes available. They wanted to know if SYNC is critical to me or not. I am in KS.
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- #305 of 465
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Re: ..Little slow on leases... [hardhawk]
by svofan2
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Aug 31, 2007 (7:54 pm)
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Replying to: hardhawk (Aug 31, 2007 2:10 pm)
..great SYNC will be critical to me....I want the bluetooth capability for the phone and all wheeel drive also the dvd entertainment..so I guess I will have to give up the BAMR...I wonder if you can 18"wheels instead of 20" with the LIMITED..
Good luck to you and enjoy it in the best of health..let us all know how you like it when you get and how long it took..
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