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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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#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
#427 of 466 Re: hey carman can you help me out? [bg1811] by Car_man HOST May 07, 2008 (3:51 am)
Replying to: bg1811 (Apr 30, 2008 1:22 pm) Greetings bg1811. It sounds like you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Once you have read them, let me know if you have any specific questions about leasing an Edge.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#428 of 466 Re: A good price? [simz1] by lunchmeats May 07, 2008 (7:11 pm)
Replying to: simz1 (Feb 27, 2008 5:51 pm) Did you do a deal if so what was the bottom line. I am shopping for a similar car can you e-mail the dealer and sales person.   Thanks Ivan
#429 of 466 Re: May's Lease Rates & RV for... [ralora] by Car_man HOST May 08, 2008 (2:17 am)
Replying to: ralora (May 03, 2008 7:12 am) Here's the info that you're looking for, ralora. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2008 Ford Edge Limited 4WD with 15,000 miles per year are 2.25% and 47%, respectively in most areas.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#430 of 466 2008 Edge Limited AWD Lease by jga638 May 16, 2008 (3:58 pm)
Does this appear to be a good offer:   MSRP 32,305   Options: Mats 55               Vista Roof 1495               Pwr Liftgate 490               Cargo Mgt 65               Sirius 195               Destination 705   Total 35,310   Total Out-of-Pocket $2000 12,000 miles/yr $450/month   I ran the numbers and it looks good as far as I could tell, but I would like to hear from others -I haven't leased/bought in many years. Opinions greatly appreciated. Thanks. Replies to this message: djhalptert (Jun 01, 2008 7:08 pm)
#431 of 466 2008 Ford Edge SEL FWD by dirtball May 20, 2008 (12:40 pm)
Hello All,   This is my first time posting here, so forgive me if I say things incorrectly. I was offered this by a dealer in Southfield (metro Detroit), Michigan:   2008 Ford Edge SEL FWD Options: Sync; Audiophile System; Panoramic Roof; Sirius; Cloth interior... MSRP 31410.00 Price 28601.65 Adjusted price w/A Plan and Ford Loyalty - $25601.65 36-month lease; 15,000/year Residual - .46 Money Factor .0009375 (2.25% APR) $616 due at signing including 1st pymt Monthly Payment $ 388.32   My question is, does this sound like a good deal? By my calculations using the Money factor and resid, I come up with a bottom line payment of $367.04 with tax. It seems alright to me, but - - - I just want to be sure, since you're the experts. Has anyone gotten any better pricing? Should I haggle for lower payments?   Thanks in advance for your input!
#432 of 466 Question about Lease rates in San Diego by wufibug May 21, 2008 (12:04 am)
Hello,   My wife and I have been looking into an Edge for quite some time and we're thinking about pulling the trigger this weekend.   Specs are as follows:   2008 SEL Vista Roof Blk Leather Cargo Management Power Liftgate Power fold down seats Sync 18" Chromes   We're in San Diego, CA 92122.   The local dealer has one in Vapor Silver. We didn't get into invoice, but...   sticker was $31,770...   He quoted us:   $2750 in rebates   $2,000 down, $299 per month, 36 months, 15k   This was without running our credit and using the xplan that my wife gets through work. When I told him I didn't want to put anything down, he said it depended on my credit -- maybe a safety deposit?? He also said that for every $750 less I put down my monthly payment goes up $20.   My wife and I both have decent credit, seven hundred and change. Do you think we'll qualify for the Red Carpet low lease rate? If so, what % is that? Residual?   Thanks in advance, wufibug Replies to this message: djhalptert (Jun 01, 2008 7:34 pm) awinner (Jun 18, 2008 6:39 pm)
#433 of 466 Car_man - Current Edge Lease Info Please by baggs32 Jun 01, 2008 (6:54 pm)
Hi Car man, We're looking for the lease info on a 2008 Edge SEL or Limited in the Pittsburgh, PA area. We can do 10,500 miles per year for 24, 36, or 39 months. MSRP of the Limited we like is $36,140 and we have not negotiated a price yet. We're still in the info gathering phase so if you can give us an idea of a monthly payment it would be appreciated too. $34,965 is the MSRP of the SEL we like if that helps any. Replies to this message: Car_man (Jun 05, 2008 2:22 am)
#434 of 466 Re: 2008 Edge Limited AWD Lease [jga638] by djhalptert Jun 01, 2008 (7:08 pm)
Replying to: jga638 (May 16, 2008 3:58 pm) No one is replying out of kindness. In a word......no.
#435 of 466 Re: Question about Lease rates in San Diego [wufibug] by djhalptert Jun 01, 2008 (7:34 pm)
Replying to: wufibug (May 21, 2008 12:04 am) That is a pretty good deal. Some thoughts though....   1. Never put money down on a lease. If you total it driving it off the lot you are out that $2,000. Put that money in the bank and pay your slightly higher monthly payment with it.   2. If it is a FWD Edge SEL and the current residual is 46% and MF is 2.25% then the dealer gave you an additional (approx.) $2500 off sticker plus rebates and your down payment. That is a pretty good deal but you could probably do better. The new incentives come out 6/30. I'd wait it out if possible. The deals will only get sweeter as the new model delivery date gets closer.   I got $350 per month, nothing down on a SEL MSRP $33K. They need your business more than you need a car this week. Wait until after 6/30 or let them come down even more on sticker.

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