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Ford Edge, Car Leasing, Car Buying, SUV
#540 of 792 advise me on these ford edge lease numbers
Mar 21, 2010 (12:35 pm)
These are the numbers a car saleman sent back to me on leasing a 2010 ford edge SEL with Vista sunroof. I am wanting know what is a negotion point for me. I live in Atlanta, GA. I reviewed this car on www.truecar.com and it estimated its value to be around $31700 and that is fully loaded. Would I respond back to him with the price I am willing to pay and ignore the MSRP. This is my first time considering a lease so I am quite green.
36 Mo/36k w/$0 due signing = 628 + Tax
Money Factor: 5.25
#541 of 792 5500 Off a Ford Edge Lease?
Mar 21, 2010 (1:22 pm)
That's what the Dealer in Woodland Hills, CA just mentioned. Anyone else hear of this? I know they're trying to jettison the 2010 because the re-designed (and better upgraded) 2011 are right around the corner.
Is this on the STICKER or could you make a killer deal on the INVOICE minus the 5500 - just wondering
#542 of 792 5500 off msrp
Mar 21, 2010 (2:43 pm)
I was advised that the Cash incentives were off the MSRP. Granted, this information came from a salesmen.
#543 of 792 Ford Loyalty Program
Mar 23, 2010 (11:19 am)
i got a call from the so cal dealership i leased my car from. 07' Edge. Lease up in in a few months. He said they are offering $7k off another car as part of a loyalty program if i sign up for a new lease. i still have a few payments left on my current lease and he said i'd have to pay that off but the rebate they are offering makes up for that. are you familiar with this loyality program? good deal or should i just wait till my lease is up to re-sign? thanks.
#544 of 792 Re: 5500 off msrp [lenamac]
Mar 31, 2010 (2:28 am)
Cash incentives are typically entirely paid for by manufacturers. As a result, they should not have any impact upon your ability to negotiate a discount with dealers. Shop around for the lowest possible selling price on the Edge that you are interested in stipulating that any available cash incentives will be deducted from that. Either that or just look up the invoice price for the exact vehicle that you want right here at Edmunds.com, subtract any available cash incentives, and add a couple hundred dollars to that to arrive at a target price to shoot for in your negotiations.
Prices Paid: Buying & Leasing Experiences Forum
#545 of 792 End of Lease help ? Carman?
Apr 23, 2010 (2:17 pm)
I'm at the end of my 36 month lease 2007 Edge SEL AWD Loaded...Residual Value on contract is 18,400,Edmunds TMV range from 21k to 23.5k (miles are 34.5k and excellent condition).My wife loves the car so I'm gonna buy..The sales Guy says they charge $595 fee to do buyout paperwork( new tags also extra)...NO WHERE ON MY LEASE does it say this...I'm not paying $595 for them to fill out a form.I have financing line up elsewhere.Any Help?..Is this fee BOGUS?
#546 of 792 6,815 off msrp ford edge lease
Apr 26, 2010 (7:07 pm)
hi car man, based on 39 month lease
this is what i was offered from a new york ford dealer.
2010 ford edge with awd,202A option.
$35,815 MSRP.got the car down to 29,000, now the kicker.
$2,459.91 out of pocket tax, title, tags and i believe first month.
$97.50 doc and tire
money factor of 5.25 is this guy nuts? with 42% residual
$545 a month
also was told $4,920 out of pocket 420 a month
can you give me some real world numbers car man.
#547 of 792 Re: 6,815 off msrp ford edge lease [mspeed6]
Apr 27, 2010 (5:34 pm)
Without even running the numbers... You could walk into an Acura dealer tomorrow and leave with an MDX lease without even negotiating and be under 600 a month.
Also, Nissan Murano with 15000 miles the residual is 54%. The low residual of the Ford is killing the lease.
If you really like the Edge and are already willing to pay 550 a month, you should buy it forget about leasing a Ford unless they are offering super low money factors.
#548 of 792 Great Deal in The San Fernando Valley
May 13, 2010 (1:50 pm)
Galpin on Roscoe can't be beat - Blew Vista near where I live away. Vista was 545 a month, that was "the best they could do".
2010 Edge Limited
3 year 31,500 mile lease (10,500 per year)
This is what Galpin, over the internet negotiated.
They took 1,000 off from a Ford friend (search the internet for a PIN #)
They took 3,000 off for cash back
They gave me an extra 2,500 off
Total rebates: 6,500.00
Then they took 2K off the cap cost (how, I don't know, maybe someone can tell me, but my paperwork says 37,734.92 on a 40,095.00 sticker)
I put 2,600 down.
The 40,095 car was now 30,378.33
Leased for $475.00 per month
Here's the out of pocket:
First Mo Payment: 475.00
tire fee 8.75
Upfront taxes 721.66
DMV filing fee 29.00
Doc Fee 45.00
Residual value 19,243.20
For the SAME car, Vista couldn't go below $545.00. Galpin did it for $475.00. Saved myself $2,520.00 over the course of the lease.
I hope I did good.
#549 of 792 Re: Great Deal in The San Fernando Valley [bgk99]
May 23, 2010 (5:40 pm)
What features/packages did that 2010 Edge Limited have? Given that the price initially went up to $40K, I'm guessing it has the panoramic vista roof, leather seats (I think that's standard with the Limited) and nav system? I'm looking at about the same thing, and want to call Galpin for a similar quote.