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Prices Paid: Buying & Leasing Experiences 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: Car_man (Jun 29, 2009 4:44 am) X-plan price. The dealer took back my lease 2 months early ('07 Edge SEL +, 24 month)and they ate my overmileage. I ended up buying because the leasing was not very attractive (compared to 2 years ago). I was able to get the 0% for 60 months. I am happy with my new Edge, so far. Not too many changes from the '07.
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Replying to: elliemaej (Jul 03, 2009 3:48 pm) You can't argue with 0% financing for 5 years. If I was in the market for an Edge, that's probably the way that I would go. Enjoy your new ride  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Would like to know what the current Ford Red Carpet Lease money factor and residual values are on a 2010 Edge SEL and Limited, both AWD. Interested in a 24, 36 or 39 month lease with 10,000 miles. Thanks!
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Replying to: chornie (Sep 29, 2009 6:55 pm) Ford Credit's base lease rate for a 36 month lease of a 2010 Ford Edge SEL or Limited AWD were anywhere from 0.5% to 3.75%. The exact rate depends which one of Ford's myriad of regions you are in. Let me know what state you live in and I can tell you the exact rate that is available in your area. Ford Credit's 36 month, 10,000 mile per year residual value for this truck was 49%. The numbers for an otherwise identical 39 month lease were 0.75% to 4.0% and 47%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 02, 2009 2:33 am) I live in Cleveland, Ohio. I also posted on the Ford Flex thread as I am interested in rates for that vehicle as well. I look forward to reading your next update.
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I am in NJ and have a quote of $ 490 per month for a 2010 SEL AWD with a sticker price of $ 36,500. The lease is for 27 months with no out of pocket money except sales tax and motor vehicle fees. The dealer said the interest rate is 1/2 % and the residual is 48%. This residual seems low since the previous posts state the 36 month residual is 49%. Can you confirm the current money factors and residual on the new 27 month program.
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| I forgot to mention that the 49% residual in the previous quote was based upon 10,500 miles per year. | |
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Hi All and Car_Man, The lease on my ford edge is up on the 11th of Oct. It was originally up on Aug 11 and I was able to get it extended for two months. The MSRP was 34265 and the buy out is $20,717. It has low miles and is in great shape. Lease payments were 440 a month. We are desperately in need of a car and I have the following questions: a) should I buy it out? b) if not, would there be a similar car (SEL with premium package - vista roof and leather) that I can lease with no money down and approx 450 a month? I look forward to any help. Please let me know if I can get into another lease at a similar rate or if this is worth buying. If buying is better - do they negotiate on the end of lease purchase price? If so how much! I cannot tell you how important this is. Appreciate anybody'd help in this matter. Thanks!
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Car-Man, Please post the current 2010 Ford Edge SEL AWD lease rate and residual on a 27 month lease for Omaha, Nebraska. Thanks for all the great info you provide.
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Replying to: chuck68516 (Oct 13, 2009 1:19 pm) $298 per month for 27 months including 7% tax with only first payment due at signing. What do you guys think?
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