Ford Edge Lease Questions

777 messages,  Last post on May 15, 2013 at 5:55 AM

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What is this discussion about? Ford Edge, Car Leasing, Car Buying, SUV

    

#702 of 777 Re: Ford Limited [herko2225] by Car_man HOST

Aug 01, 2011 (5:14 pm)

Replying to: herko2225 (Jul 21, 2011 2:04 am)
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
Host
Prices Paid: Buying & Leasing Experiences Forum

#703 of 777 Re: Ford Edge Sport [montag28] by Car_man HOST

Aug 01, 2011 (5:18 pm)

Replying to: montag28 (Jul 21, 2011 8:32 am)
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
Host
Prices Paid: Buying & Leasing Experiences Forum

#704 of 777 Re: August lease rates? [jviscomi] by Car_man HOST

Aug 01, 2011 (5:22 pm)

Replying to: jviscomi (Jul 31, 2011 7:21 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#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)

Replying to: fabricia (Aug 02, 2011 7:24 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#707 of 777 Re: 2011 Edge Sport AWD [Car_man] by fabricia

Aug 04, 2011 (8:05 am)

Replying to: Car_man (Aug 03, 2011 4:01 pm)
Car_man,
 
Thank you so much, this info is much appreciated!
 
Fabricia

#708 of 777 Re: 2011 Edge Sport AWD [Car_man] by fabricia

Aug 04, 2011 (8:36 am)

Replying to: Car_man (Aug 03, 2011 4:01 pm)
Car_man,
 
Can you also please provide the rates for a 39 month term?
 
Thanks again!
 
Fabricia

#709 of 777 Re: 2011 Edge Sport AWD [fabricia] by herko2225

Aug 04, 2011 (1:48 pm)

Replying to: fabricia (Aug 04, 2011 8:36 am)
Fabricia,
I am considering a Ford Edge too. My recommendation (and I'm not an auto industry professional) is to keep the lease at 36 months or less. The reason is because Ford offers a 3yr/36k warranty. If something breaks at 3 yrs and 1 day -- the money comes out of your pocket. Although the MyFord touch system seems awesome, it appears this has been an electrical headache for some. Another thing to consider (especially with the Sport) is tire wear. The RCL agreements require 1/8in tread remaining or it's considered excess wear. Those sport tires will wear quickly and are costly to replace. Did you try a 24month lease? The MF rate is equivalent to .25% and I'm finding the monthly cost to be just a little higher.

#710 of 777 Chicag Area August lease rates by seanb61

Aug 10, 2011 (9:34 am)

Car_Man, please post the August lease numbers (Money Factor, Residual) for Chicago suburbs area if you have them. Looking at a 12K mile lease for 24 or 36 months on an Edge Limited FWD. MSRP of $40,965 (Rapid Spec 302A, and chrome clad 20" Wheels)
 
Thanks!

#711 of 777 Re: help with quote please by seanb61

Aug 10, 2011 (10:22 am)

Replying to: Car_man (Jul 18, 2011 4:58 pm)
Car_Man, please post the August lease numbers (Money Factor, Residual) for Chicago suburbs area if you have them. Looking at a 12K mile lease for 24 or 36 months on an Edge Limited FWD. MSRP of $40,965 (Rapid Spec 302A, and chrome clad 20" Wheels)
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