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Ford Edge: Lease Questions

778 messages,  Last post on May 20, 2013 at 4:24 PM

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

    

Messages Page 1 of 78

#1 of 778 Ford Edge: Lease Questions by kyfdx HOST

Jan 02, 2007 (7:57 pm)

Ask your Ford Edge lease questions here!

#2 of 778 Lease factors? by jdivers

Jan 02, 2007 (1:34 pm)

Replying to: kyfdx (Jan 02, 2007 7:57 pm)
Hello! Does anyone know what residual & money factors are for the Edge? I had read a few places it would be 59%, but my dealer is saying 52%. Also, he lists the "lease factor" at 1.5 - is that the same as a .00063 money factor?
 
Thanks!

#3 of 778 Re: Lease factors? [jdivers] by cole

Jan 03, 2007 (9:37 am)

Replying to: jdivers (Jan 02, 2007 1:34 pm)
My Ford dealer is quoting 52% residual for a 39-month lease at 15,000 miles/year. They quoted an interest rate of 3.5% (MF of .00145. This was last month, though, so the MF may have changed on 1/2.

#4 of 778 Lease quotes by oxford3

Jan 04, 2007 (4:01 pm)

In the New York area the lease quotes are crazy.I have been to 2 dealers and have been quoted 530-580 a month with $2000 down.I have excellent credit.I have been loyal to Ford and have a 04 Explorer but I could drive a Lexus with those #s.

#5 of 778 Re: Lease quotes [oxford3] by suttons

Jan 05, 2007 (2:25 pm)

Replying to: oxford3 (Jan 04, 2007 4:01 pm)
It was my understanding that conventional leases are not legally available in New York State (hence the residency restrictions apply disclaimers on most lease ads).
Have you tried a retail balloon loan? With a retail balloon, there is no security deposit, first month payment or acquisition fee required at signing. I just got a voicemail from a dealer in Mahwah, NJ informing me of special lease deals on the Edge that go thru April of 2007. I'll post what info he provides me with.

#6 of 778 Re:Lease quotes by oxford3

Jan 05, 2007 (3:09 pm)

Leases are back in New York.We had been the only state where you could sue the manufacterer in case of an accident.Congress attached a change at the end of some bill and Bush signed it much to the trial lawyers chagrin.Mahwah is not to far.I have traveled to P.A.(Reedman) before and have gotten better prices then N.Y.

#7 of 778 Re:Lease quotes [oxford3] by akirby

Jan 08, 2007 (9:13 am)

Replying to: oxford3 (Jan 05, 2007 3:09 pm)
It wasn't accidents as much as parking tickets and moving violations. The cities were suing Ford if the leasees didn't pay their fines.
 
There was no real difference in the RCO vs. RCL dollars anyway.
 
When did the new law go into effect?

#8 of 778 Residual change, incentives by jdivers

Jan 08, 2007 (10:38 am)

(in CA) I just went in and started paperwork on one Friday, the residual had changed from 52% to 51%. I'm getting $1000 competative lease cash because I currantly lease a Toyota. And I found out that the $500 student/graduate cash isn't available with the X-plan. My payments for the 39 mo lease will be just over $400 after tax.
 
But.. my Edge should be in from LA tomorrow, so I'm excited nonetheless

#9 of 778 edge lease by dspdave

Jan 10, 2007 (1:09 pm)

Just picked up my edge. 2000 grand down a-plan red carpet lease 290.00 a month, a-plan price 26233. Have 300 miles on it averaging 19.7 mpg. New 3.5 liter and tran is smooth with plenty of power.

#10 of 778 Re: Lease factors? [jdivers] by Car_man HOST

Jan 11, 2007 (3:33 am)

Replying to: jdivers (Jan 02, 2007 1:34 pm)
Hello jdivers. This vehicle's lease program varies depending upon how long you lease it for and what mileage allowance you need. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. If you were to lease a 2007 Ford Edge through Ford Credit right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 0.75% and 51%, respectively. As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400.
 
Car_man
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Messages Page 1 of 78

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