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Ford Edge Lease Questions

520 messages,  Last post on Nov 12, 2009 at 3:41 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#5 of 520
Re: Lease quotes [oxford3] by suttons
Jan 05, 2007 (1:25 pm)
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Replying to: oxford3 (Jan 04, 2007 3:01 pm)

It was my understanding that conventional leases are not legally available in New York State (hence the residency restrictions apply disclaimers on most lease ads).
Have you tried a retail balloon loan? With a retail balloon, there is no security deposit, first month payment or acquisition fee required at signing. I just got a voicemail from a dealer in Mahwah, NJ informing me of special lease deals on the Edge that go thru April of 2007. I'll post what info he provides me with.
#6 of 520
Re:Lease quotes by oxford3
Jan 05, 2007 (2:09 pm)
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Leases are back in New York.We had been the only state where you could sue the manufacterer in case of an accident.Congress attached a change at the end of some bill and Bush signed it much to the trial lawyers chagrin.Mahwah is not to far.I have traveled to P.A.(Reedman) before and have gotten better prices then N.Y.
#7 of 520
Re:Lease quotes [oxford3] by akirby
Jan 08, 2007 (8:13 am)
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Replying to: oxford3 (Jan 05, 2007 2:09 pm)

It wasn't accidents as much as parking tickets and moving violations. The cities were suing Ford if the leasees didn't pay their fines.
 
There was no real difference in the RCO vs. RCL dollars anyway.
 
When did the new law go into effect?
#8 of 520
Residual change, incentives by jdivers
Jan 08, 2007 (9:38 am)
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(in CA) I just went in and started paperwork on one Friday, the residual had changed from 52% to 51%. I'm getting $1000 competative lease cash because I currantly lease a Toyota. And I found out that the $500 student/graduate cash isn't available with the X-plan. My payments for the 39 mo lease will be just over $400 after tax.
 
But.. my Edge should be in from LA tomorrow, so I'm excited nonetheless
#9 of 520
edge lease by dspdave
Jan 10, 2007 (12:09 pm)
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Just picked up my edge. 2000 grand down a-plan red carpet lease 290.00 a month, a-plan price 26233. Have 300 miles on it averaging 19.7 mpg. New 3.5 liter and tran is smooth with plenty of power.
#10 of 520
Re: Lease factors? [jdivers] by Car_man HOST
Jan 11, 2007 (2:33 am)
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Replying to: jdivers (Jan 02, 2007 12:34 pm)

Hello jdivers. This vehicle's lease program varies depending upon how long you lease it for and what mileage allowance you need. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. If you were to lease a 2007 Ford Edge through Ford Credit right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 0.75% and 51%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400.
 
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#11 of 520
Help with a dealer , Bait and switch? by jschaff
Jan 22, 2007 (11:21 pm)
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I am going to be getting an SEL Plus tomorrow. I spoke with two dealers and was offered 15000 miles, 0.75% for 36months or 1.00% for 39 months. And a residual of 53% at 36 months, and 51% at 39 months.
 
Agreed on a deal of $500 over invoice price. They want to add in something called Certified Gold to fix door dings (can't find this online) and the price is $540/month.
 
Called back today to get the final figures (so I can check it out) and the finance guy would not give me any info until I drove 250 miles there to sit with them. I kept pushing them to give me info. Their lease deal now says 2%interest rate with a residual of 49%.
 
I got mad with the guy and said to quit the bait and switch business.
 
Does anyone have a URL to a page with the Ford 0.75 lease deal on it to show these guys? And the residual page too?
 
Thanks
#12 of 520
Re: Help with a dealer , Bait and switch? [jschaff] by Car_man HOST
Feb 05, 2007 (2:32 am)
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Replying to: jschaff (Jan 22, 2007 11:21 pm)

Hi jschaff. The lease rates that you were quoted for the Edge look good to me. Moreover, $500 over invoice is a good price for one. Just make sure to pass on the door ding repair policy. It is probably overpriced for what it is. I always advise consumers to pass on stuff like this, paint protection, etc... Unfortunately, I am not aware of any web site that provides consumers with information on manufacturers' current lease programs.
 
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#13 of 520
Here's my deal by fpdafish
Feb 17, 2007 (7:50 pm)
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I was kinda rushed into this after totaling my other car so I was just wondering if this sounds reasonable.
   
SEL Plus, AWD, Vista Roof, Sirius Radio, All-Weather Mats, Reverse Sensing.
 
MSRP= 33,285 price= 32,500 resid= 17,974
 
36 mos./10.5 k. Lease Rate=0.75 $478/mo $0 down ($546 for fees & stuff) 1520 in taxes put into payments.
 
Please tell me I didn't get boned too bad. BTW, I'm in Long Island, NY.
#14 of 520
New York lease by oxford3
Feb 20, 2007 (11:07 am)
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After much shopping and internet work I found 2 dealers in Jersey who were actually reasonable.New York dealers are IMPOSSIBLE.In Staten Island we have 1 dealer and they feel that they can charge what they want because people dont want to leave the Island.I ordered a pretty well loaded FWD for 410 a month,no money down plus tax.I wanted the awd but took the saved money and got chrome rims and best stereo figuring I could enjoy them on a more regular basis.

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