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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
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Replying to: bancroft162 (Dec 22, 2007 8:05 am) |
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My 08 Ltd AWD is due sometime in January. Not sure if I will be leasing or buying but I am leaning toward leasing. Does anyone have any information about this X-Plan discount? I am reading about this on blueovalnews.com and I have to say I am a little suspicious. Could it be true? If so, how do I get an X-Plan number?
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Replying to: goatee (Dec 22, 2007 6:40 pm) My wife works for a major airline, and as they buy large volumes of Fords, she can get the discount. It's a great program because the X-Plan price is set by Ford to the dealer. The dealer can't charge a "dealer fee" add-on either. That's a Ford rule, and the X-Plan price is usually +/- $100 of invoice price. Also, most all rebates apply. I've seen some people on blueovalforums offering these codes, but there is limited transferability so don't pay for one. If you can get the car for invoice, you'll be close in price, but the dealer fee maybe something you can't get out of. Hope this helped. Hal |
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Hi all , new to the site as I have been happy with my 02 Cherokee for a long time. I am looking at leasing a new 08 edge as I know I am city living in downtown st louis. The model I am looking at is as follows. any assistance with lease rates payments I should target etc would be appreciated. I would be putting 0 or little down. and am in the ST Louis area 2008 Limited black 20" premium wheels class 2 trailor tow interior appearance upgrade panoramic roof thanks
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I am looking at leasing a ford edge limited and got the below offer yesterday can you help me figure out how to move forward in negotiating this deal? MSRP (Sticker Price) $36,210.00 Discount Price $34,381.95 Term/Miles 24mo 12,000 miles a year total of 24,000 at the end of your lease Lease Rate .75% Residual 62% Cash Down 0.00 Ford Rebate $1,250.00 Your Sales Tax Rate 7.741% Govt Fees (personal property tax and Plates) $216.00 Taxes $984.48 Security Deposit (Refundable at the end of lease) $575.00 Payment $570.88 Total due at signing $1145.88 thanks alot for your help!!
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Replying to: jgriffs (Jan 08, 2008 8:21 am) Let's come up with some approximate pricing so that we can estimate this truck's monthly payment. The Edge that you described has an MSRP of around $36,320 and a dealer invoice price of $33,855. Ford is currently providing $1,250 lease cash on this model in most areas. If we subtract that from the invoice price and add $500 for the dealer we come up with a capitalized cost of $33,105. Using these numbers, I come up with a 36 month, 15,000 mile per year, zero down, pre-tax monthly payment of around $458. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jgriffs (Jan 10, 2008 7:28 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jan 17, 2008 2:29 am) Can you supply money factor and residual for 08 Ford Edge limited AWD lease for 12k per year Thanks
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Replying to: Car_man (Jan 17, 2008 2:29 am) X-plan price: $32,432 Rebate: $1,750 Money factor 3.5 $50 dealer fee Sales tax is 7% I have $1200 from my current lease to pay $600 will be paid down Their payment is $565.30/month. Thanks for your help.
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Is there anyway to tell what the current Ford lease rate is? I see in post #410 the money factor is 3.5. If that's a "money factor" it equates to 8.4% interest. I don't think I'd ever pay that in this day and age of falling interest rates. I had a dealer quote me a money factor of .00225 (2.25) for 36 months which is 5.4%. I think that is still pretty high considering a 60 month loan is 3.9%. Is there anywhere we can find out a typical interest rate for Ford, for someone with credit rating over 700 (I've read many places that anything above that gets best rates).
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