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Lincoln MKS Lease Questions

18 messages,  Last post on May 11, 2009 at 4:47 PM

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

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#7 of 18 Re: [demarcom] by Car_man HOST Nov 10, 2008 (6:20 pm)
Replying to: demarcom (Nov 01, 2008 12:44 pm) Hi demarcom. I believe that Lincoln extended its lease program on the MKS through November 18th. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Lincoln MKS 2WD with 15,000 miles per year are 1.5% 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 Host Prices Paid: Buying & Leasing Experiences Forum
#8 of 18 Re: Good Deal? [bobsokoler] by Car_man HOST Nov 10, 2008 (6:25 pm)
Replying to: bobsokoler (Nov 09, 2008 6:58 pm) Hi bobsokoler. I see that you are considering making a $5,000 down payment on the MKS that you are interested in leasing. I always advise consumers not to make large down payments when leasing. Those who do risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though your monthly payment will be higher, it would be much safer to go with a zero down lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#9 of 18 by mlad11 Nov 22, 2008 (12:59 am)
Just got a lease on an awd with ultimate pkg. 10500 a year 36 mos. Only put taxes, fee's and first month down and am paying $485 a month. Compared to the shopping around this seems to be a good deal.
#10 of 18 Lease MKS 2009 by fituso09 Jan 13, 2009 (5:30 pm)
I am intrested in a 36 month 10500k lease and was wondering what current people are paying with current Residuals and Money Factors Thanks Replies to this message: Car_man (Jan 20, 2009 4:48 am)
#11 of 18 Re: Lease MKS 2009 [fituso09] by Car_man HOST Jan 20, 2009 (4:48 am)
Replying to: fituso09 (Jan 13, 2009 5:30 pm) Hi fituso09. According to the latest information 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 10,500 miles per year are 4.5% and 53%, respectively.   As you can see, Ford Credit publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#12 of 18 Car Man by Zack99 Feb 05, 2009 (9:29 pm)
Thank you for your response. Does 12k a year change the residual value. In addition, does a 39 month lease change the money factor or residual. Thank you. Replies to this message: Car_man (Feb 10, 2009 5:01 am)
#13 of 18 Lease prices MKS 2009 by geo111 Feb 08, 2009 (6:58 pm)
Feels like I'm one of the few people in the country looking into this car. Tried two dealers so far with different prices: 10,500/miles Ultimate pkg FWD for 585/mo + taxes and fees 12000/miles base model w/moonroof AWD for 540/mo + taxes and fees Both are 39 month leases- both seem high given the slow economy- any comments would be appreciated, I am new to leasing. Replies to this message: Car_man (Feb 10, 2009 5:04 am)
#14 of 18 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 Host Prices Paid: Buying & Leasing Experiences Forum
#15 of 18 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 Host Prices Paid: Buying & Leasing Experiences Forum
#16 of 18 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. Replies to this message: Car_man (Apr 28, 2009 3:41 am)

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