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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: indianajohns (Mar 01, 2009 9:32 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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does anyone have residual and rates for 24/36 month 12k miles. I am in CT. My lease is up in the summer but I got a postcard to come back now and they will make the last 2 payments.
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Replying to: elliemaej (May 13, 2009 5:17 pm) I only mentioned the 36 month numbers because Ford is no longer providing support on 24 month leases. In addition to this special lease rate, I believe that Ford is currently providing a $1,000 cash incentive on leases of this model in your area. Make sure to take this cash into account when negotiating the capitalized cost for the Edge that you're interested in. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (May 15, 2009 2:30 am) Now I need to dig out my old lease spreadsheets from my as last least and plug in the new numbers. Thanks again.
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What happened to us is a classic example of why one should never put any significant money down on a lease. We put zero down on our 2008 Edge Limited lease in November of 2007. The Edge was flawless and we really liked everything about it. Late last month we had a house fire and the Edge was in the garage, going up in flames. Had we made a down payment in order to reduce the monthly payments, we would have lost that money when the Edge was destroyed and our insurance would have had to pay less. As it is, our insurance is "buying" the Edge and thus the lease is paid off and we will have payment from the company for sales tax and registration fees. Zero out of pocket costs plus no lost down payment. |
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Replying to: elliemaej (May 15, 2009 3:52 am) Good luck in your quest for your new ride. Let us know if you have any other questions and how things turn out. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (May 18, 2009 1:48 am) The stock of Edges is pretty high in my area so I am hoping for a good deal. If you could give me the rate and residuals for 36/12k for the SEL and Limited Trims in both AWD and FWD, that would be great.
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Replying to: elliemaej (Jun 02, 2009 5:21 pm) Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Ford Edge SEL or Limited AWD with 12,000 miles per year in its NY region are 1.25% and 44%, respectively. The numbers for an otherwise identical lease of an '09 Edge SEL or Limited FWD are 1.25% and 43%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jun 05, 2009 3:04 am)
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I received an postcard from Ford stating that I can return my lease early (2 months). When I went to the dealer today to discuss my options, he stated that mileage would be prorated. For some reason,I was under the impression that they didnt do that. Can anyone confirm this to be true? My only reason for returning the car early was to avoid the over mileage fees. I will wait until the end of my lease and pay it then. |
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