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Ford Edge, Car Leasing, Car Buying, SUV
#627 of 792 2011 Ford Edge Limited AWD
Feb 18, 2011 (5:26 pm)
Finally settled on a Edge. Had a quick question on what the residuals and money factor were for 12000/yr 24 or 36 mo lease here in Boston. Also as a returning Leasee do you know what my total bonus cash would be including what is currently available to everyone?
Also it looks like the SEL might have a better residual so if you have those numbers hand I'd appreciate it.
Thank you in advance.
#628 of 792 Is this a good offer ???
Feb 19, 2011 (10:05 am)
2011 Limited Ford Edge for $399 a month with 3,000 down ? Or $430 a month with 2,000 down ? For 12,000 miles for 3 years . Also getting the 301A package and FWD . this is in NYC area . Just wondering ... We really like the car we are just in the money phase now !
#629 of 792 Re: Is this a good offer ??? [momstruck1]
Feb 19, 2011 (1:19 pm)
You can't tell by a monthly payment. Ask the dealer what the actual selling price of the car is and what the MSRP is. I wouldn't recommend putting money down b/c if the car becomes a total loss in a accident then your insurance co pays the car value less the 3K. . Go to truecar.com to see a good price for the car. Also leaseguide.com is a good site to figure your own payments to make sure the dealer isn't playing games. You just need the money factor and residual. Hope that helps. Looking to get my hands on a sport in the next month or two'
#630 of 792 Re: So Cal - Edge SEL FWD [agillman]
Feb 22, 2011 (3:49 pm)
Hi agillman. Ford Credit's February base lease rate and residual value for a 24 month lease of a 2011 Edge SEL FWD with 12,000 miles per year in Southern California are 1.0% and 66%, respectively.
The numbers for an otherwise identical 36 month lease are 2.75% and 59%, respectively.
If you were to lease this vehicle with only 10,000 miles per year, its residual values would be 1% higher.
When negotiating your deal on this truck, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it through Ford Credit in your area.
Prices Paid: Buying & Leasing Experiences Forum
#631 of 792 Re: 2011 Ford Edge Limited AWD [anaom]
Feb 22, 2011 (3:53 pm)
Hi Drew. Good choice...I've always liked the Edge. Ford Credit's February base lease rate and residual value for a 24 month lease of a 2011 Edge Limited AWD with 12,000 miles per year in Boston are 1.0% and 66%, respectively.
The numbers for an otherwise identical 36 month lease are 3.0% and 59%.
As you can see, Ford Credit publishes lease rates interest) rates for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
The lease rates for the SEL AWD are the same, but its residual values are 1% higher.
I don't believe that Ford Credit is currently providing any cash incentives on leases of this vehicle in your area right now.
Prices Paid: Buying & Leasing Experiences Forum
Mar 01, 2011 (2:18 pm)
I've been looking for a Limited AWD Edge and spoke to a few dealers today. It sounds like the residuals stayed the same... 57% for 15k miles but the MF went up to 4% this month. I was told they increased the incentives though. $1000 conquest for coming off of a competitor lease plus an additional $500.
Mar 02, 2011 (8:33 am)
I am in NY and interested in leasing a ford edge sel with 202A package and NAV, The price I was able to negotiate is 33,016. they told me lease with nothing down for 12,000 miles per year, 3 years is 480 per month
what is the residual and rate on this car (Is the dealer supposed to disclose that to me)
Also, my main worry is when I return the car after three year lease how particular are they with say dings etc, do they go over with a fine tooth comb? Will ford ask me to come in early to get it checked so I can fix anything on my own before I return it.
Am I required to do regular schedule maintenance or does dearler do that?
Mar 05, 2011 (7:43 pm)
Carman, would you be so kind to post the March 2011 Residual and MF for a 2011 Ford Edge Sport V6 AWD for a 36 month lease with 12k per year?
Can you also advise any incentives applicable to a lease?
#635 of 792 Re: Lease Newbie [wallstreet1234]
Mar 08, 2011 (10:25 pm)
where was this dealer in NY (manhattan dealer?)...that seems pretty good..I am looking for the same, SEL Navi, AWD, but with 15kmiles and 3 years....so may want to see what your dealer offers
I just turned in a BMW X3, and they were pretty easy going- no issues on outside, even in manhattan, couple of scrapes and tears inside, not problem. BMW lease got too expensive, so now looking at the Pilot and the Edge...Honda offers $1500 wear and tear for free when turn it in
let me know what dealer gave u that price. thanks
#636 of 792 Re: Edge Sport [njtechwarrior]
Mar 09, 2011 (6:50 am)
My name is Seni from Ford Customer Service We would be happy to look up your local area incentives, please feel free to call the Ford Marketing Headquarters at 800-334-4375 at your convenience. You may also check out www.Ford.com/Incentives, for local incentives on all of your favorite Ford vehicles.
Ford Customer Service Division