Ask the Car People.SM


Lincoln MKS Lease Questions

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

You are in the Lincoln MKS Forum.

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

Messages Page 1 of 4

#1 of 34 Lincoln MKS Lease Questions by kyfdx HOST

Jul 09, 2008 (6:47 pm)

Ask your MKS lease questions here!

#2 of 34 Lease terms by mksowner

Jul 09, 2008 (10:16 pm)

43.5k w/ultimate package. Lease terms 53% residual value, 1.5 money factor and 10.5k miles/year.

#3 of 34 by sunshine26

Oct 08, 2008 (9:32 am)

Am interested in what would be competitive selling price, residual and money factor for a 2009 MKS w/ultimate pakage....36 months and 15K miles

#4 of 34 Re: [sunshine26] by Car_man HOST

Oct 09, 2008 (4:28 am)

Replying to: sunshine26 (Oct 08, 2008 9:32 am)
Good morning sunshine26 . 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 published lease rate into approximate money factor equivalents by dividing it by 2400.
 
I personally am not all that familiar with what the market is like for the MKS right now, but given how terrible the current environment for auto sales is in the U.S. I personally would shoot for a selling price of a couple hundred dollars over dealer invoice and see what happens. Make sure to stop by the "Lincoln MKS Prices Paid and Buying Experience" discussion to see how much other community members have paid for this car lately.
 
Good luck and make sure to let us know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#5 of 34 Re: [Car_man] by demarcom

Nov 01, 2008 (12:44 pm)

Replying to: Car_man (Oct 09, 2008 4:28 am)
Hello Car Man!!! Looking for Lincoln MKS 2wd w/Ultimate 15k per year 36 month or so... lease factors for November... Very similar to SUnshine26's request. Thanks!!!

#6 of 34 Good Deal? by bobsokoler

Nov 09, 2008 (6:58 pm)

I just ordered an MKS with an MSRP of 44,180... invoice price 41178. With tax, title, etc.. and $5000 down my lease will be 526 a month. I'm not sure if I got a good deal or not.

#7 of 34 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 34 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 34 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 34 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

Messages Page 1 of 4

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement