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Lincoln MKX: Lease Questions

169 messages,  Last post on Oct 23, 2009 at 2:29 PM

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What is this discussion about? Lincoln MKX, Car Leasing, Car Buying, SUV

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#150 of 169 Re: Money Factor - Residual [Zack99] by Car_man HOST Mar 17, 2009 (1:43 am)
Replying to: Zack99 (Feb 27, 2009 5:48 pm) Hey Zack99. Wow that's annoying, but it makes sense I guess. I didn't think that the dealer was applying the available incentives correctly. If I was in your situation I would definitely take my business elsewhere.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: KMS2009 (Mar 18, 2009 3:57 pm) Car_man (Apr 07, 2009 1:45 am)
#151 of 169 Was this a good Price Feb. 28th. by michaelvg1 Mar 17, 2009 (4:26 am)
They paid off out my Lincoln LS v8 3 months early for a total of $1250. Sign and Drive MKX AWD, the new Dark Silver Ultimate Package for $450 per month sign and drive. They even paid my first payment. Don't have to make a payment until April.
#152 of 169 Re: Money Factor - Residual [Car_man] by KMS2009 Mar 18, 2009 (3:57 pm)
Replying to: Car_man (Mar 17, 2009 1:43 am) Hi Car man   it looks like Lincoln is currently pushing their "low mile" lease on the MKX. on their web site they are advertising 0/0/0 for 499 a month.   Can you please tell me the MF and residual value on a FWD 39 month/10,500 miles per year lease, Is lincoln still offering the "$1250" discount? Thanks in advance Replies to this message: Car_man (Apr 07, 2009 1:45 am)
#153 of 169 Re: Money Factor - Residual [KMS2009] by Car_man HOST Apr 07, 2009 (1:45 am)
Replying to: KMS2009 (Mar 18, 2009 3:57 pm) Hi KMS2009. Ford Credit's current base lease rate and residual value for a 39 month lease of a 2009 Lincoln MKX AWD with 10,500 miles per year are 0.50% and 45%, respectively. Ford's lease programs often vary by region. If you tell me what state you are in I can confirm that this is the program that is available in your area.   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.   Ford is providing a cash incentive of up to $500 on leases of the '09 MKX in select regions.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#154 of 169 May Incentives by ebeyder May 06, 2009 (6:37 am)
Hey Car Man,   Are there currently any incentives (specifically lease cash/rebate) available for the MKX, MKS, and MKZ in the NY region?   I am looking at all three depending on which is the best value.   Thanks Replies to this message: Car_man (May 22, 2009 3:04 am) 4x4 (Jun 04, 2009 5:14 am) Car_man (Jun 12, 2009 3:08 am)
#155 of 169 Re: May Incentives [ebeyder] by Car_man HOST May 22, 2009 (3:04 am)
Replying to: ebeyder (May 06, 2009 6:37 am) Hi ebeyder. Lincoln is currently providing a $500 cash incentive on leases of the 2009 MKX through Ford Credit. It also has $1,500 on the 2009 MKZ, but no cash on the 2009 MKS.   If you're talking about just regular old consumer cash that is not available on leases, there is $3,500 on the '09 MKX / MKZ and again none on the '09 MKS.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: 4x4 (Jun 04, 2009 5:14 am) Car_man (Jun 12, 2009 3:08 am)
#156 of 169 Re: May Incentives [Car_man] by 4x4 Jun 04, 2009 (5:14 am)
Replying to: Car_man (May 22, 2009 3:04 am) What kind of payment am I looking at on a loaded out FWD MKX.....msrp on these has been around 45K....nav, sun roof, etc....and how much do you have to put down on a lease? i assume the smallest amount possible   also looks like there are no incentives for June? Replies to this message: Car_man (Jun 12, 2009 3:08 am)
#157 of 169 2009 MKX Lease - Good deal or not? by jcurtistx Jun 07, 2009 (2:27 am)
My wife and I are looking at a 2009 MKX to lease for 39 months and I am trying to figure out if the price I am getting is a decent deal or not. The sticker price for the car is $46035 and they are willing to take the price down to $500 below invoice plus take another $2100 (some kind of rebate) off the price of the car taking with the selling price down to just over 40k. After all is said and done and they factor in something called a "Tax Credit" which knocks my tax down to 1.25%, my monthly payments are about $640 ($0 down).   I have never leased before so we are doing our homework to see if this is a decent price or not. The residual price they are giving me is 43% which is about $19,500 after 39 months.   http://planolincoln.mcdavid.com/New-Inventory.aspx?InventoryId=27613521   Just as an FYI, they have 41 MKXs on the lot...   Thoughts? Replies to this message: Car_man (Jun 12, 2009 3:24 am)
#158 of 169 Re: May Incentives [4x4] by Car_man HOST Jun 12, 2009 (3:08 am)
Replying to: 4x4 (Jun 04, 2009 5:14 am) Hi 4x4. Ford is providing incentives on the Lincoln MKX in June.   As far as how much you have to put down on a lease goes, consumers can and should put nothing down when leasing. When I say nothing down, I mean no capitalized cost reduction. Even on a zero down lease, lessees still have to pay their vehicle's first month's payment, security deposit, acquisition fee, and any other required fees at signing (unless they roll some of these charges into their car or truck's capitalized cost).   Let's work up a sample lease payment on the truck that you are interested in and see what we come up with. According to my calculations, if you were to lease a fairly loaded 2009 Lincoln MKX FWD that has an MSRP of $45,575 and a selling price of $39,901 ($500 over dealer invoice minus the $2,100 bonus cash that is available right now) through Ford Credit right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $596.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#159 of 169 Re: 2009 MKX Lease - Good deal or not? [jcurtistx] by Car_man HOST Jun 12, 2009 (3:24 am)
Replying to: jcurtistx (Jun 07, 2009 2:27 am) Hi jcurtistx. $500 under dealer invoice and the deduction of the available $2,100 bonus cash is an excellent price on a 2009 Lincoln MKX.   Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   Check out the articles and let us know if you have any specific questions.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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