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Last post on May 15, 2013 at 5:55 AM
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Ford Edge, Car Leasing, Car Buying, SUV
#697 of 777 Re: Ford Edge Sport [montag28]
by Car_man HOST
Jul 20, 2011 (3:34 pm)
Here you go montag28. Ford Credit's July buy rate lease money factor and residual value for a 36 month lease of a 2011 Edge Sport 2WD with 12,000 miles per year in Florida are 3.0% and 53%, respectively.
The numbers for an otherwise identical 39 month lease are 3.25% and 51%.
When negotiating your deal on this truck, make sure to take advantage of the $1,250 cash incentive that is currently available on leases of it through Ford Credit.
Car_man
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Jul 21, 2011 (2:04 am)
Hi Car man,
Please advise on MF and residual for Limited Front wheel drive in SoCal. (24m with 12k & 15k miles).
Even though this will most likely be through Ford Red Carpet Lease, I am only entitled to the current $1k rebate and not the additional $1k rebate (which states you must finance through Ford), correct?
Also, in June two different dealers in San Diego listed their Limiteds at $5k off sticker plus rebates (making it $8k off with trade-in). However, those ads now stopped. Was there a special dealer incentive at the time? It looks like most are only able to get $2-3k off sticker now.
Sorry for all the questions. This will be my first lease and I'm learning alot from you & other members. Thank you so much for contributing to this site!
#699 of 777 Re: Ford Edge Sport [Car_man]
by montag28
Jul 21, 2011 (8:32 am)
Thanks Car_Man, very helpful.
I assume the 3% isn't very negotitable? The 1,250 credit I would get if I do a lease, is that on top of the $2,000 in customer cash incentives going on or in lieu of since Im not purchasing?
Thanks!
#700 of 777 ford Edge SLE 2011 in Orange County
by sshasan1
Jul 22, 2011 (7:38 pm)
I have a couple of quotes from two dealers 1 at 365 and one at 360 3 years 10500 miles/yr llease.
Does this sound like a good deal? (this is my first time considering a lease)
Sy
#701 of 777 August lease rates?
by jviscomi
Jul 31, 2011 (7:21 pm)
Car_Man, please post the August lease numbers when you have them. Looking at a 10K or 12K mile lease for 36 months on an Edge Limited. Guessing MSRP will end up around $39k-$40k. Atlanta, GA. Coming off a Nissan lease at end of month, not sure if they have any conquest incentives in August. Thanks.
#702 of 777 Re: Ford Limited [herko2225]
by Car_man HOST
Aug 01, 2011 (5:14 pm)
You're welcome, herko2225. Ford Credit's current base lease rate and residual value for a 24 month lease of a 2011 Ford Edge Limited Front Wheel Drive with 15,000 miles per year are 0.25% and 59%, respectively.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Ford is currently providing a $1,750 cash incentive on leases of the Edge in your region. If I was in the market for an Edge right now, I personally would shoot for a couple hundred dollars over dealer invoice minus the aforementioned cash.
Car_man
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#703 of 777 Re: Ford Edge Sport [montag28]
by Car_man HOST
Aug 01, 2011 (5:18 pm)
You're welcome, montag28. Unfortunately, the $1,250 is in lieu of the customer cash, not in addition to it. Regular consumer cash incentives are not compatible with Ford Credit's special lease program.
Any lease rates that I mentioned are the lowest available rates.
Car_man
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#704 of 777 Re: August lease rates? [jviscomi]
by Car_man HOST
Aug 01, 2011 (5:22 pm)
I'd be happy to jviscomi. Ford Credit's July base lease rate and residual value for a 36 month lease of a 2011 Edge Limited FWD with 12,000 miles per year in Atlanta are 3.0% and 54%, respectively.
The residual value for a lease with only 10,000 miles per year is 1% higher.
Ford currently has a $1,250 cash incentive on leases of this truck in your area, but no conquest cash that I am aware of in your neck of the woods.
Car_man
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#705 of 777 2011 Edge Sport AWD
by fabricia
Aug 02, 2011 (7:24 pm)
Car_man,
Can you please provide me with the MF and residual on a 2011 Edge Sport AWD for August 2011? We're interested in either 12k miles per year or 15k and we're located in the 20877 Zip Code (DC Metro Area).
Thanks!
#706 of 777 Re: 2011 Edge Sport AWD [fabricia]
by Car_man HOST
Aug 03, 2011 (4:01 pm)
I certainly can fabricia. Ford Credit's August buy rate lease money factor and residual value for a 36 month lease of a 2011 Edge Sport AWD with 15,000 miles per year in its Washington DC region are 3.0% and 52%, respectively.
The residual value for a lease with only 12,000 miles per year are 2% higher.
Car_man
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