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Ford Edge Lease Questions

466 messages,  Last post on Sep 05, 2008 at 3:48 AM

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

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#417 of 466 Re: Ford Edge Limited 2WD Rates [ribbonking] by hardhawk Mar 05, 2008 (7:33 am)
Replying to: ribbonking (Mar 04, 2008 9:47 am) He will need to know where you live as these factors vary by geography. Have you tried asking your dealer what these numbers are? You can get the lease cash numbers from the Ford web site as well as suggested lease numbers. I found that most dealers will give you the information you are asking for if you approach them in the right way and they know you are serious about leasing a car. Many will provide this information via e-mail. Since Car Man has to try to cover all the Edmunds boards, it can take time before he can get back with a response. I always got the numbers from the dealers then waited to see if Car Man confirmed them.
#418 of 466 Lease Numbers - Good or Bad by syrah Mar 27, 2008 (4:44 pm)
Here is what my local Tampa, FL car dealer is offering me on a '08 Edge Limited, vista roof, navigation system,pwr liftgate,20" wheels, sat radio. How does it sound? 3yr lease, 15k per year    MSRP=36,380 Sale Price=31,508 Lease Rate=2.00 Residual = 49% Aquisition Fee= 595 Payment incl fees & Tax = 35 payments of $515.45    thanks in advance...... Replies to this message: Car_man (Apr 09, 2008 3:08 am)
#419 of 466 Re: Ford Edge Limited 2WD Rates [ribbonking] by Car_man HOST Apr 09, 2008 (2:37 am)
Replying to: ribbonking (Mar 04, 2008 9:47 am) Hey ribbonking. Ford Credit's current base lease rate and residual value for a 24 month lease of a 2008 Ford Edge Limited 2WD with 15,000 miles per year are 0.75% and 57%. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. The lease cash that is available on this truck varies by region. I need you to tell me what state you are in to give you an accurate idea of what it is in your area right now.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#420 of 466 Re: Lease Numbers - Good or Bad [syrah] by Car_man HOST Apr 09, 2008 (3:08 am)
Replying to: syrah (Mar 27, 2008 4:44 pm) Hi syrah. The dealer invoice price of the vehicle that you described is probably around $33,900. Plus Ford is currently providing a $1,750 cash incentive on leases of this model through Ford Credit. This drops the invoice down to around $32,000. The selling price that you were quoted looks excellent to me. The lease rate looks good, too. If you like the Edge, I personally don't see any reason not to pull the trigger on this deal.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#421 of 466 08 Edge SEL Lease in NJ by eric0476 Apr 12, 2008 (12:33 pm)
I am looking at a 08 SEL AWD that has the premium package (leather), roof, & SYNC. I have 7 payments left on my 06 Eddie Bauer Explorer. Ford is paying 2 dealership is paying 3 for me. $1200 (2 payments) will be rolled into the new lease. Here is their best price: $4000.00 down $459/month 36 months/ 12K   Is this a good deal or should I be able to get a smaller down payment? Replies to this message: Car_man (May 07, 2008 3:45 am)
#422 of 466 Deals by mudbug90 Apr 15, 2008 (11:52 am)
Replying to: jschaff (Jan 23, 2007 12:21 am) I just left a dealership in Smithtown Long Island, the deal was for an SEL with leather and the Vista roof. included in my deal was the money for my last 3 payments on my G35X = $1,200.00 On the SEL Vista w/ leather AWD $425.00 x 36 with $2,000 TOTAL OUT OF POCKET On the SEL w/ leather AWD $389.00 with $2,000 TOTAL OUT OF POCKET   I said to the salesman this makes no scence where is the money for the lease on my Infinity? If I give you $2,000 are you giving me $1,200? or do we deduct that from the $2,000???? Making me owe you $800.00? He said it is already included in the price.... Whatever..... I walked. The deal was prety good. But for te heck of it I checked out a Lincoln MkZ AWD, I realize this is a car, the price tag was $2,800 more that the Egde and the deal was $379 per month x 39 months, with TAX out of pocket... nothing else... Tax roughly $1,200.... I know it is 3 months longer which is another $1,000 but if you ad that in to the $1,200. and drop it to 36 months, the deal is $379 x 36 with $2200 total out of pocket. THE TRICK HERE IS TO HAVE AS LITTLE AS POSSIBLE OUT OF POCKET. Incase you total the car the money out of pocket is gone forever. Not insured, and not well spent.
#423 of 466 Need Some Help ASAP on this deal - Please by westham999 Apr 16, 2008 (10:20 am)
I have until Saturday 4/19 to close this deal: 2008 AWD-LMTD Black. 36 months; 10.5K per year; Leather; Vista; Nav; 20" wheels; X-PLAN Price; $1600 out-of-pocket. $505per month. All comments and advice welcome. Thanks
#424 of 466 Re: hey carman can you help me out? [Car_man] by bg1811 Apr 30, 2008 (1:22 pm)
Replying to: Car_man (Feb 20, 2008 5:07 am) Car Man. I don't understand the various terms such as money factor, lease rates, etc. Is there any way you can give an example of a Edge with a MSRP of 34,000 and what you times what times what divided by and so forth. I need an example of these various terms used in an example. Thanks. I'm interested in an Edge for my wife but I'm having difficulty in using all this info. Replies to this message: Car_man (May 07, 2008 3:51 am)
#425 of 466 May's Lease Rates & RV for... by ralora May 03, 2008 (7:12 am)
Car Man,   I need May's lease & RV for the following: Ford Edge Limited 36/mo. lease term 15,000 miles/yr.   Thanks, RL Replies to this message: Car_man (May 08, 2008 2:17 am)
#426 of 466 Re: 08 Edge SEL Lease in NJ [eric0476] by Car_man HOST May 07, 2008 (3:45 am)
Replying to: eric0476 (Apr 12, 2008 12:33 pm) Hi Eric. $4,000 is way too much money to put down on a lease. I always advise consumers not to make large down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you would be better off going with a zero down lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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