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Ford Edge Lease Questions

778 messages,  Last post on May 20, 2013 at 4:24 PM

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What is this discussion about? Ford Edge, Car Leasing, Car Buying, SUV

    

Messages Page 35 of 78

#338 of 778 Re: Car_Man - 07 Ford Edge Lease Info Needed Please! [barryjones] by Car_man HOST

Nov 07, 2007 (4:20 am)

Replying to: barryjones (Oct 28, 2007 10:08 am)
Thanks Barry. I'm glad that you have found these discussions so helpful. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Ford Edge Limited 4WD is currently 3.5% and 55%, respectively in most areas. The numbers for an otherwise identical 39 month lease are 3.75% and 53%. When negotiating your lease on this vehicle, make sure to take the $500 bonus cash and $500 lease cash that Ford is currently providing on it into account. Ford's cash incentives on the '08 Edge are slightly better in select areas. If you tell me what state you are in, I can tell you if you are in a region that has a better program on this model than the one that I mentioned.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#339 of 778 Re: Current Lease Rates [ddelise] by Car_man HOST

Nov 07, 2007 (4:29 am)

Replying to: ddelise (Oct 29, 2007 6:04 am)
Hi Damon. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Ford Edge SEL 2WD with 12,000 miles per year are 2.0% and 52%, respectively. The numbers for an otherwise identical lease of a 2008 Edge Limited 2WD are exactly the same. As you can see, Ford publishes lease rates instead of money factors for the vehicles that it leases. You can convert its publishes lease rates into approximate money factor equivalents by dividing them by 2400.
 
Ford is currently providing $500 bonus cash and $500 lease cash on the '08 Edge in your area. Make sure to take this cash into account when negotiating your vehicle's capitalized cost. Ford Credit charges a $595 acquisition fee on every vehicle that it leases.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#340 of 778 Re: Just got an Edge [djhalptert] by gonecruzan

Nov 09, 2007 (10:14 am)

Replying to: djhalptert (Nov 06, 2007 6:52 pm)
I don't understand why you wouldn't believe me. Why would I make that up? I will look at the write up of my lease and post it when I get home.

#341 of 778 Re: Just got an Edge [gonecruzan] by djhalptert

Nov 09, 2007 (7:07 pm)

Replying to: gonecruzan (Nov 09, 2007 10:14 am)
I don't believe you because it is mathmatically impossible. To answer your second question, I don't have any idea why you would make it up. I am a frequent leaser and have been doing the math on the Ford Edge since it came out and there is NO WAY you could possibly lease a 2008 Ford Edge LIMITED MSRP $38,000+ with only $2,500 down which included taxes, fees, etc. for $394 per month. You could probably lease a 2007 Edge for this much but not a 2008, NO WAY. Post ALL of your numbers from your contract line by line.

#342 of 778 Re: Just got an Edge [djhalptert] by steevo

Nov 10, 2007 (1:39 pm)

Replying to: djhalptert (Nov 09, 2007 7:07 pm)
THe math works fine if they went below invoice...and there is 750 rcl cash plus 500 customer cash available on the lease...The numbers work if you plug them in if the dealer went down that low. And maybe there was some equity in that Explorer he traded...

#344 of 778 Re: Just got an Edge [steevo] by steevo

Nov 11, 2007 (7:44 am)

Replying to: steevo (Nov 10, 2007 1:39 pm)
On further review...He also put down 2500.. SO depending on what taxes are in his area could be over 1000 as a ccr..So the math works out fine.
Nice deal!

#345 of 778 Re: Just got an Edge [steevo] by djhalptert

Nov 12, 2007 (4:53 pm)

Replying to: steevo (Nov 11, 2007 7:44 am)
You're high. Get a calculator. The $2500 included destination, taxes, title fees, first months payment. SO REALLY HE ONLY "PUT DOWN" $1,000 OR SO MAYBE EVEN LESS. Like I said, IMPOSSIBLE. And he hasn't posted the numbers so he is a (NON-TRUTH SPEAKING PERSON). I hope that is an acceptable description since they didn't like the word I used on my last post that was removed.

#346 of 778 Re: Just got an Edge [djhalptert] by gonecruzan

Nov 13, 2007 (10:12 am)

Replying to: djhalptert (Nov 12, 2007 4:53 pm)
Ok, well I'm not sure what numbers you want me to post. This is only my second leased vehicle so I'm not sure which ones are important. Let me know what numbers you want me to post and I will post them. I am in NJ so our taxes are 7.0% and keep in mind that this is the 2nd vehicle I have leased from them. If the deal is that good, why not come down to my dealer and see for yourself. I am a betting man and would love to bet you a new remote starter that that is what I put down and is what I am paying!

#347 of 778 Re: Just got an Edge [gonecruzan] by steevo

Nov 13, 2007 (11:11 am)

Replying to: gonecruzan (Nov 13, 2007 10:12 am)
Post the final Capitalized Cost of the vehicle from your lease contract. The rest can be extrapolated.
Nice deal

Messages Page 35 of 78

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