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Lincoln MKS Lease Questions

34 messages,  Last post on May 22, 2012 at 1:56 PM

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What is this discussion about? Lincoln MKS, Car Buying, Car Leasing, Sedan

Messages Page 3 of 4

#14 of 34 Re: Car Man [Zack99] by Car_man HOST

Feb 10, 2009 (5:01 am)

Replying to: Zack99 (Feb 05, 2009 9:29 pm)
You're very welcome, Zack99. Yes, mileage allowance does have an impact upon vehicles' residual values. Ford Credit's 12,000 mile per year residuals are 2% higher than its 15,000 mile per year residuals. Its 10,500 mile per year resids are 3% higher than the 15k resids.
 
Ford Credit's current base lease rate and residual value for a 39 month lease of a 2009 Lincoln MKS 2WD with 15,000 miles per year are 2.0% and 48%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#15 of 34 Re: Lease prices MKS 2009 [geo111] by Car_man HOST

Feb 10, 2009 (5:04 am)

Replying to: geo111 (Feb 08, 2009 6:58 pm)
Welcome geo111. 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.
 
In short, the best way to get a good deal on a leased vehicle is to negotiate the lowest possible selling price on the vehicle that you want and then have the dealer calculate its monthly payment using its base lease rate. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are being given and thus how good a deal you are getting. I would be happy to give you my opinion of these deals if you let me know what the selling prices are.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#16 of 34 Lincoln MKS FWD Lease Question by jmanerik

Apr 24, 2009 (2:28 pm)

I heard Lincoln just released new lease programs. I am interested in MKS in Michigan with 12000 Miles per year, 36 Months lease with only 1000 down. I would appreciate if anybody can provide any info regarding the lease pricing. Thanks.

#17 of 34 Re: Lincoln MKS FWD Lease Question [jmanerik] by Car_man HOST

Apr 28, 2009 (3:41 am)

Replying to: jmanerik (Apr 24, 2009 2:28 pm)
Hi jmanerik. To the best of my knowledge Lincoln has not recently enhanced its slease program on the MKS. I'll make some calls to double check that is the case.
 
According to the latest info that I have seen, Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Lincoln MKS 2WD with 12,000 miles per year are 1.75% and 50%, respectively.
 
If you provide me with the MSRP and approximate selling price of the car that you are interested in I would be happy to work up a sample lease payment for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#18 of 34 daresq by daresq

May 11, 2009 (4:47 pm)

Please advise if these are good lease terms: 2009 mks awd w/ultimate pkg, msrp $46,070, lease end value 22,574; initial cap cost - 43, 678 - adjusted cap with tax, license and acq fee is $44,268. APR 3.25%. monthly lease amount $646.26. mileage is 12,000 and lease for 39 months. dealer in baltimore maryland.
 
Also, arguing with dealer that conquest rebate of $1,000 does apply to lincoln lease but they say only sale. please help!

#19 of 34 by madlock

Aug 06, 2009 (6:51 pm)

Anyone who chose to lease at the end of 2008 or beginning of 2009 ought to thank their lucky stars they did so at that time. Residual values have since been under such tremendous pressure from the spate of highly-subsidized vehicle purchases made during Q2/09 that virtually no new vehicle's residual value exceeds 50-55% 24 months or 40-44% 36. Virtually every vehicle in the $45-$50K range (MSRP) is falling at about $750 with even the most liberal cap cost incentives and promotional interest rates.
 
What were once considered to be "reasonable" terms will are only like to exist during the rarest of curcumstances when manufacturers face unprecedented gluts in the pipe and until both the size of the dealer network is corrected to meet the new market size and the supply of quality used vehicles becomes exhausted.
 
The days of leasing being a lower payment alternative to purchasing or a way customers can presume to move-up a vehicle class are gone for the foreseeable future. The best vehicle terms will be the first group of pre-driven 2011's to show up on lots.

#20 of 34 great lease deal-anybody want it? by rlsrlj

Sep 27, 2009 (6:49 am)

I leased my 2009 MKS back in March for $528.00 a month 12,000 miles a year for 39 months. No money down,...just a sign and drive with navigation, sunroof/moonroof-it's loaded! The vehicle has just 10,000 miles with around 30 months left in the lease. I have decided the MKS is just more car than I need...would love for someone to take over the lease. I will have the car delivered to your location. The car is just like new. I do not smoke and it has been garage kept. Send me a note at rlsrljaol.com if your are interested!

#21 of 34 MKS lease info by scgunner15

Oct 05, 2009 (1:39 pm)

Replying to: rlsrlj (Sep 27, 2009 6:49 am)
Carman
 
I was looking at ordering an MKS to lease as a replacement to our 2007 expedition. I was wondering if you might know if there are any regular rebates or lease loyalty rebates available. Also wondering what the residuals and money factors are on 24 & 36 month leases. Here is what I am looking at: 2010 MKS AWD MSRP $44,780 Invoice 41,247 I believe I can buy the car at 500 over invoice.
 
Thanks in advance.
 
Josh

#22 of 34 Re: MKS lease info [scgunner15] by Car_man HOST

Oct 08, 2009 (4:01 am)

Replying to: scgunner15 (Oct 05, 2009 1:39 pm)
Hi Josh. Ford Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Lincoln MKS AWD with 15,000 miles per year are 3.5% and 54%, respectively.
 
I don't believe that Ford is currently providing any cash incentives on leases of this car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#23 of 34 press request by kirstie_h HOST

Oct 12, 2009 (8:12 am)

A reporter is looking to speak to a recent buyer of a Lincoln vehicle. Please send your daytime phone number to ctalatiedmunds.com by Tuesday, October 13, 2009.
 
Thanks,
Chintan
Corporate Communications
Edmunds.com

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