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Last post on May 20, 2013 at 4:24 PM
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Ford Edge, Car Leasing, Car Buying, SUV
#630 of 778 Re: So Cal - Edge SEL FWD [agillman]
by Car_man HOST
Feb 22, 2011 (4:49 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.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#631 of 778 Re: 2011 Ford Edge Limited AWD [anaom]
by Car_man HOST
Feb 22, 2011 (4:53 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.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Mar 01, 2011 (3:18 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 (9:33 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?
Thank you!!!!!!!!!!1
Steven
Mar 05, 2011 (8:43 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?
Thanks
#635 of 778 Re: Lease Newbie [wallstreet1234]
by nygene
Mar 08, 2011 (11:25 pm)
Hey wallstreet1234-
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 778 Re: Edge Sport [njtechwarrior]
by fordcustsrvc
Mar 09, 2011 (7:50 am)
njtechwarrior,
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.
Kind regards,
Seni
Ford Customer Service Division
#637 of 778 Re: Lease Newbie [nygene]
by wallstreet1234
Mar 09, 2011 (8:26 am)
The dealer was diBlassi Ford in QUeens and I used X-Plan pricing for the $33,016 price I received.
Are all Honda dealers offering 1,500 wear and tear?
I am also looking at the Pilot, what prices and options have you gotten from Honda?
I never leased before so I am worried about turning it in after 3 years and they say you need brakes, tires, etc and you owe us 2,000 to cover that. Do dealers offer you an inspection before turning in the car so you can fix what needs to be done before you turn it in?
Mar 09, 2011 (3:10 pm)
Just picked up my Edge Limited AWD with the following:
302A Rapid Spec Package
White Plat Coat
Rubber Mats
20" Chrome Wheels
MSRP $43,310
2 year/24,000 mile lease for $385 a month with $2000 down(includes 1st month payment & Acq. fee) plus MV fees. I got RCL incentive of $1250 and $750 coupon from ford.
24 month lease payments were less than 36 month!
#639 of 778 Re: My Edge [kona721]
by pechu1
Mar 09, 2011 (10:04 pm)
That's a great deal, where did you go? I'm looking for something exactly like that, Thanks