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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 (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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Replying to: chuck68516 (Oct 15, 2009 9:54 am) You better jump on it! What area do you live in? I would like to know what interest rate and residual value they quoted you. I'm in the Cleveland, OH area and I was quoted WAY higher even with A Plan.
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Replying to: chornie (Oct 15, 2009 10:13 am)
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Replying to: chuck68516 (Oct 15, 2009 11:10 am) Here in OH it is 49% residual, 1.00% rate and higher tax...big difference! Enjoy your new Edge! |
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| Does anyone know what the residuals and rate are in the Atlanta Area for a SEL? Also what are the incentives? | |
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