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Prices Paid: Buying & Leasing Experiences Lincoln MKS Lease Questions
25 messages, Last post on Oct 27, 2009 at 2:14 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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. |
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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!
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Replying to: rlsrlj (Sep 27, 2009 5:49 am) 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
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Replying to: scgunner15 (Oct 05, 2009 12:39 pm) 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
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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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Replying to: Car_man (Oct 08, 2009 3:01 am) Thank you very much for the info, I have a couple more questions for you if you could get the info. 1) What would be the money factor and residual for the MKS AWD 15k / year on a 24 month lease. 2) Is there a difference on the money factors and residuals for the ecoboost? Thanks Josh
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Replying to: scgunner15 (Oct 12, 2009 12:24 pm) The addition of Ecoboost doesn't seem to have any impact upon this car's lease rates, but I believe that it increases its residual values by 1%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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