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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: wnuk (Oct 23, 2009 8:29 am) No money down. Rebates are applicable just like X Plan pricing. Sales tax is 6% here. I called the dealership and told them to forget it. I just don't get it, the way the market is - why are they still playing their damn games. It is getting annoying. This dealership is about 40 miles from me. There is a dealership extremely...A LOT closer - a couple of miles away. I went to them first and I was told... A Ford Edge lease is approximately $700 - $800 per month. They told me it is that high because Ford is not in the leasing business and rather you finance the vehicle than lease. So Ford keeps their lease rates high to prevent people from leasing. WTF?!?! I have a car - a fairly new one. I want (don't need) a bigger and more comfortable ride. The Edge met my needs but I will not play their games and I really don't feel like playing these games anymore.
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Replying to: cey1 (Oct 23, 2009 2:11 pm) |
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Replying to: chuck68516 (Oct 23, 2009 11:34 am) Was any extras thrown in such as Wear Care, Acquisition Fee? |
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Replying to: rockymtnwulf (Oct 25, 2009 5:10 am) Just by getting rid of the wear care and using 6% sales tax I come up with a payment of $481.17 per month. Funny you should mention about the first Ford dealer you went to. First thing- he is badly mistaken and sounds like he just doesn't want to deal with leasing a vehicle. Secondly, I went to a Ford dealer on Tuesday this past week to get leasing prices on an Edge he had on the lot. I still have yet to hear back from him. A dealer like that won't get my business. I agree with you, as bad as it is in the auto industry right now, I'm amazed how some dealers still treat people. With the advent of the internet, so many more people are educated on car buying yet dealerships still come up with some crazy numbers sometimes. On the other hand- I have also been getting lease prices from Chevy dealers on a new Traverse. Two dealers have been bending over backwards to get me the numbers I want- once they realized I can calculate my own figures using their pricing, residual, and money factors. Heck, I just had a sales manager yesterday admit to me he didn't know chevy was leasing again and he e-mailed me this morning (Sunday morning mind you) saying he is calling GMAC on Monday to get all their leasing info, he doesn't even have it. He did tell me that if the numbers I gave him are correct (they are based on another dealer I'm working on), he should be able to do the deal I'm looking for.
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Replying to: wnuk (Oct 25, 2009 9:10 am) 27 Month lease rate with 10,500 miles per year Residual of $53% Money Factor is .0001 (.25%) $2250 Red Carpet lease rebate 36 Month with 10,500 miles per year jumped to Residual of 50% Money Factor of .00166 (4%) $2250 Red Carpet lease rebate. I asked about the rebate as Edmunds.com is showing this additional rebate: "$1,000 Promotional bonus cash is available towards the purchase of a new 2010 Edge. May be combined with other cash programs, APR or lease specials." edmunds rebates I was told there is nothing showing on Ford's end about this, only the $2250 Red Carpet Lease rebate. Anyone have any idea or knowledge of the $1000 rebate being shown on edmunds?
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Replying to: wnuk (Nov 09, 2009 10:57 am)
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Replying to: stoopy (Nov 11, 2009 12:30 pm) edge rebates It looks like you got $1500 for being a current Ford leasee, but shouldn't you still have got the $2250 Red Carpet lease rebate too? The $1000 rebate here on Edmunds still gets me though: It's Ford's program number # 11736 I believe. The way Edmunds has it written implies (to me at least) you can use the bonus cash toward a lease too. At any rate, enjoy your new Edge! edit: I just noticed that link I gave above defaults back to the Taurus rebates. Just change the selection to Edge instead.
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Replying to: wnuk (Nov 12, 2009 11:34 am) That is standard across the board. If any rebate has the word "RETAIL" in it, you cannot use it on a lease. |
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