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Lincoln MKS Lease Questions

25 messages,  Last post on Oct 27, 2009 at 2:14 AM

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

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#10 of 25 Lease MKS 2009 by fituso09 Jan 13, 2009 (4:30 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 3:48 am)
#11 of 25 Re: Lease MKS 2009 [fituso09] by Car_man HOST Jan 20, 2009 (3:48 am)
Replying to: fituso09 (Jan 13, 2009 4:30 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 25 Car Man by Zack99 Feb 05, 2009 (8:29 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 4:01 am)
#13 of 25 Lease prices MKS 2009 by geo111 Feb 08, 2009 (5:58 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 4:04 am)
#14 of 25 Re: Car Man [Zack99] by Car_man HOST Feb 10, 2009 (4:01 am)
Replying to: Zack99 (Feb 05, 2009 8:29 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 25 Re: Lease prices MKS 2009 [geo111] by Car_man HOST Feb 10, 2009 (4:04 am)
Replying to: geo111 (Feb 08, 2009 5:58 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 25 Lincoln MKS FWD Lease Question by jmanerik Apr 24, 2009 (1:28 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 2:41 am)
#17 of 25 Re: Lincoln MKS FWD Lease Question [jmanerik] by Car_man HOST Apr 28, 2009 (2:41 am)
Replying to: jmanerik (Apr 24, 2009 1:28 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 Host Prices Paid: Buying & Leasing Experiences Forum
#18 of 25 daresq by daresq May 11, 2009 (3:47 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 25 by madlock Aug 06, 2009 (5:51 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.

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