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Prices Paid: Buying & Leasing Experiences Ford Edge Lease Questions
466 messages, Last post on Sep 05, 2008 at 3:48 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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My parents are interested in leasing a 2008 Ford Edge SEL - no options. The MSRP is 29,020 with destination, and the invoice is 25,076 (inc. the 2K cash back). Are there any other incentives in the NY/NJ region, and should they aim for a price of less then the 25,076? Please advise what the residual and money factor are for a 3 year, 36K mile lease. if you know July's rates that would be helpful too. They are getting quotes of around 410/month (all-in), but I believe this seems high compared to what I've read on this forum. Thanks again...
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A reporter from a national newspaper is looking to speak to consumers who just purchased a new Ford Edge within the past six months and whether it had anything to do with gas prices. If you’re interested in speaking to the reporter, please contact Chintan Talati at ctalati edmunds.com with your daytime contact information no later than June 23, 2008.
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I am fairly new to leasing and this may be basic to many but I need some help understanding. Northern NJ. MSRP 32425 Resid 49% for 12k a year lease MF said it was 2% doc 149 MV 416 Bank 595 He said there was 2k and 1k in incentives, I assumed that 3k would take the car down to 29,425 before I negotiate. I tried to start at invoice go from there. He said 31,000 is a great deal. Shouldn't the 3k in incentives start me under 30k? He said with 2k down he could for 400 a month. Shouldn't the agreed upon price be lower? Thanks in advance |
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Here is what the dealer emailed me directly for the Edge 2008 SEL. "Sun and Sync" package w/ power lift/18" chrome wheels/cargo maintenence...I think the MSRP was 34,200 less 2 discounts in showed on sticker, so it then said $32,400. I think this is a little high....1st they said they would still honor Sun and Sync package...as they still advertise this on TV...so he said it was 279/month, total d/o 2100...but then this is what he sent me.....the audi A4...it looking better by the minute. Ok, here is the breakdown: 36 month lease 12k miles per year $3645 combined rebate Gap Insurance Incl (Comes in Fords Red Carpet Lease program) $2953.87 customer cash including drive off $354.20 including tax $15,986.40 purchase option at end of lease 36 month lease 12k miles per year $3645 combined rebate Gap Insurance Incl $3948.27 customer cash including drive off $324.82 including tax $15,986.40 purchase option at end of lease 24 Month Lease 12k miles per year $3645 Combined rebate Gap Insurance Incl $2956.87 customer cash including drive off $330.78 Including tax $19316.90 Purchase option at end of lease 24 Month Lease 12k miles per year $3645 Combined rebate Gap Insurance Incl $3978.32 customer cash including drive off $287.78 Including tax $19316.90 Purchase option at end of lease Sorry for the delay Andrew. I've been quite busy today! Hopefully this is informative and if you have any questions, please let me know. As you can see, the two year program is very, very good. I wouldn't see any need to go to a three year term since it is not saving you any money. Can't beat those payments for that car though! |
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Replying to: wufibug (May 21, 2008 12:04 am) |
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Replying to: daddyjakes (Jun 18, 2008 5:18 pm) You can go to www.fordpartner.com and type in the code DAVET to figure out X-Plan pricing. It will allow you to search your local dealer's lot and will tell you the exact X-Plan pricing. I would make an outlandishly low offer at first (around $5,000 under sticker and then add rebates) and gauge the salesman's reaction. Eventually you will get to middle ground. Remember, they need to sell you a car more than you need to buy a car.
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Replying to: cobrakai (Jun 14, 2008 5:06 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: njbloke (Jun 18, 2008 10:54 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: daddyjakes (Jun 18, 2008 5:18 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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