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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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#454 of 520
Re: EDGE SEL AWD Question [indianajohns] by bg516
Jul 01, 2008 (7:04 am)
Reply

Replying to: indianajohns (Jun 29, 2008 7:58 pm)

thank you, i am a member of the disabled american vets, so i hopefully will be able to get one.
 
barry
#455 of 520
thank you by bg516
Jul 01, 2008 (7:18 am)
Reply
i am buying a volvo, they do give a better price with the xprice. i don't know why, but they are able to do a better deal.
i went ahead and sent it to them
 
thank you again, you really helped me out,
the only question is will there be gas in a few months to buy at any price, i am old and recall the 70's when i had to go every other day and wait in line to buy a whole 8 or 9 gallons of gas. I will live the the poor fuel milage this last time around, but i am worried about getting it. Now that i am retired, i only drive the truck (SUV) about 500 a miles a month.
 
thanks
barry
#456 of 520
Re: EDGE SEL AWD Question [Car_man] by daddyjakes
Jul 02, 2008 (9:43 pm)
Reply

Replying to: Car_man (Jun 25, 2008 1:33 am)

Car_man
 
Thanks for the reply and the advice. I went today and got down to invoice fairly easy but when I mentioned the cash back incentive it didn't really change anything. Just so I am clear, if get the price down to 28k and there is 3k of incentives, the price should be near or at 25k right? Would or should the incentive take me well below invoice?
 
Thanks in advance
#457 of 520
Re: EDGE SEL AWD Question [daddyjakes] by Car_man HOST
Jul 22, 2008 (2:49 am)
Reply

Replying to: daddyjakes (Jul 02, 2008 9:43 pm)

You're very welcome, daddyjakes. Yes, to truly get the Edge that you are interested in for dealer invoice you would have to pay $2,250 to $2,750 (the regional lease cash that is currently available on this truck below invoice).
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#458 of 520
Re: EDGE SEL AWD Question [Car_man] by topps9898
Jul 28, 2008 (6:29 pm)
Reply

Replying to: Car_man (Jun 25, 2008 1:33 am)

Hi all,
 
First time post; a newbie to both this forum and car buying. I need some help and this looks like the right place.
 
I am looking to lease a new ford edge, I am just interested in the sel AWD with the Vista roof. I want a 3yr lease at 12k per year and was hoping to stay around 300 per month.
 
My dealer is offering me a Dealer Demo with 3600 miles on it. It is a limited with voice navigation, sirius, matts and the vista roof. Leasing a Demo doesnt bother me as much because it is a lease and I will give it back.
 
 Below are the details
 
3 yr lease $3500 down 12K miles per yr
 
"Dealers terms"
 The money factor is 2. The doc fees are $125 and the Motor vehicle fees are approximately $421.70. The tax is $1195.96. There is no security deposit and Gap insurance is automatically included. The residual for three years at 12,000 miles per year is 47%. The monthly payment for two years was $209 and the payment for three years would be $336.
 
Dealer
Standard Price $32,305.00
RUBBER MATS $55.00
Vista Roof $1,495.00
Navigation $1,995.00
Sirius $195.00
Destination & Delivery $705.00
MSRP $36,750.00

Rebates $3,500.00
$33,250.00
Demo/Dealer Discount $1,140.00
Price $32,110.00
 
This seems a bit high. I definetely think that a car with 3600 miles on it should be coming with a much larger discount then $1140. Can anyone give me some advice on this deal and how I should negotiate going forward. Fords rebates end on 7/31 and I am hoping to make a decision by then. Thanks in advance for your help.
#460 of 520
Ford Credit numbers by tkschleg
Jul 29, 2008 (6:39 pm)
Reply
Hey Car man,
I'm turning in a Volvo lease on Aug. 23 and looking to lease a Ford Edge Limited in Dupage county, IL. One dealer told me that he is hearing rumors that Ford Credit will change their residual's due to the recent losses reported and the fact that Chrysler is getting out of the leasing business. He said it could save me about $100.00 per month if I sign before Aug.1.
 
Do you know how often Ford updates the residuals or money factors? Is it set every month at the first of the month?
 
Is this high pressure sales to get the sale in by the end of the month or is there some truth to it since Ford Credit lost $2 Billion?
 
Thanks,
#461 of 520
2008 Edge SEL Lease Q by eshane
Aug 04, 2008 (11:22 am)
Reply
in Miami, FL 15k/36mo 0 down plus plus paying my last two lease payments on acura 463/mo... msrp is 31,385...dealer offer is 479/mo all in...is this a good deal? if not, what is the ballpark i should be looking at? Thank you for your assistance!!!
#462 of 520
Re: Ford Credit numbers [tkschleg] by Car_man HOST
Aug 06, 2008 (2:30 am)
Reply

Replying to: tkschleg (Jul 29, 2008 6:39 pm)

Hi tkschleg. Even though Chrysler completely stopped leasing and General Motors' lease program is much worse this month, I believe that Ford's August lease program is the same as it was in July. It is possible that Ford might reduce its lease support after its current program ends on September 2nd, but I haven't heard any rumors to that effect yet. It sounds more like the dealer was trying to create a false sense of urgency to get you to finalize your deal ASAP.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#463 of 520
My Edge lease deal by ihatedealers
Aug 22, 2008 (10:48 am)
Reply
Just leased an Edge limited (FWD) 2008 -- Here is my deal, hope it helps.
 
MSRP: 36,620 (Nav, Pan roof, everything but AWD)
Sell Price: 29,999 (includes 2k factory loyalty)
Residual = 56% (24mos)
Money factor = .0003 (.75%)
$300 down + drive off costs (the 300 down payment was to come off drive off but they screwed up the paper work -- no big deal)
Base payment = $398.14
 
I'm in Massachusetts so I'll have to add 5% sales tax and excise tax for a total payment of $439.00
 
Good luck.

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