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Ford Flex Lease Questions

123 messages,  Last post on Oct 06, 2009 at 11:32 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Ford Flex, Car Buying, Car Leasing, Wagon


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#110 of 123
Re: Flex SEL AWD [kyreba] by baggs32
May 13, 2009 (8:33 am)
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Replying to: kyreba (May 12, 2009 11:33 am)

I think someone told me once that a demo car had to have under 5,000 miles on it to be still sold as new also? Don't know if that's true or not....or if it's a regional thing?
 
That may very well be true too. My salesman was driving a demo Flex at the time and mentioned that he was a few hundred miles away from 5000 miles at which time he had to turn it in so they could certify it and sell it. I assumed "certify" meant certified used and it would no longer be available for sale as a demo. I'm pretty sure the mileage limit to lease as new is 500 miles here. Anything over that and you have to "build the mileage" into the lease as I tried to explain as accurately as possible above.
#111 of 123
Re: Flex Limited FWD Florida April Lease Rates [baxterdown] by Car_man HOST
May 18, 2009 (1:52 am)
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Replying to: baxterdown (Apr 22, 2009 3:16 am)

No problem baxterdown.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#112 of 123
Re: Flex Limited FWD in Southeast Michigan [yolanda4510] by Car_man HOST
May 18, 2009 (1:57 am)
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Replying to: yolanda4510 (Apr 22, 2009 6:25 am)

Hi yolanda4510. I can give you an idea of what Ford Credit's current lease program is like, but I do not keep tabs on US. Bank's program.
 
Ford's current lease program for the 2009 Flex varies by region. I see that you are in its Detroit region. 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 Flex Limited FWD with 15,000 miles per year in your area are 0.25% and 45%, respectively.
 
I'm not familiar with the $6,000 incentive that you mentioned. It's probably the combination of all of the available cash incentives that are available on this vehicle in your area right now, such as the $4,500 consumer cash, etc... If you are leasing this vehicle through any bank other than Ford Credit, it would be eligible for any available retail cash incentives.
 
It won't be easy to get out of any lease early. If you think that you might need to then you may want to finance instead of lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#113 of 123
Re: Flex SEL FWD SoCal April Lease Rates [amx] by Car_man HOST
May 18, 2009 (2:13 am)
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Replying to: amx (Apr 22, 2009 7:14 am)

You're very welcome, amx. I'm glad that I have been able to help you out. Make sure to stop back and let us know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#114 of 123
Re: Flex SEL FWD SoCal April Lease Rates [kyreba] by Car_man HOST
May 18, 2009 (2:27 am)
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Replying to: kyreba (May 05, 2009 3:26 pm)

Hi kyreba. I'm glad that you enjoy this site so much. Dealer invoice is as probably a good a deal as you are going to get on a leased Flex right now.
 
I've got Ford's lease program for your area and I'd be happy to use it to work up a sample lease payment on this vehicle for you. I just need you to provide me with its selling price. If you don't know what the exact selling price is, you can always look up the dealer invoice price of the exact Flex that you want, as you want it equipped, over in the New Vehicle Pricing section of Edmunds.com.
 
Let me know what the selling price is and I'll crunch some numbers for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#115 of 123
Re: Flex SEL AWD [austrianbrand] by Car_man HOST
May 18, 2009 (2:38 am)
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Replying to: austrianbrand (May 08, 2009 4:18 pm)

Greetings austrianbrand. Let me begin by saying that I always advise consumers agains making large down payments on leased vehicles. Those who make them 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 a little higher, you would be much safer going with a zero down lease.
 
While I don't know its exact dealer invoice price, I suspect that the Flex that you are interested in has a spread of around $2,500 between its full MSRP and invoice. A dealer discount of $2,700 is an excellent deal if it does not include the use of any cash incentives. Ford is not providing any lease cash on this model in your area right now, but it does have some loyalty and conquest cash out there. If the $2,700 that you mentioned includes a $1,000 incentive then this is still a decent deal, but you might be able to skim a couple hundred dollars off of it by comparison shopping.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#116 of 123
Re: Flex SEL FWD SoCal April Lease Rates [Car_man] by kyreba
May 19, 2009 (8:58 am)
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Replying to: Car_man (May 18, 2009 2:27 am)

I have 2 dealers I'm working with - both with the exact same car MSRP of $30,545.
 
Dealer A is quoting a selling price of $28,660 & Dealer B $27,938. However, both are coming up with a monthly price of $428+tax. "A" says that "B" is playing with numbers on the back end & at their selling price the payment should be $413ish.
 
It's hard to know who to believe. I do know that "B" is basically giving up all of their holdback (a thing that "A" tries to deny exists).
 
One last thing, "B" has an ad car with the same MSRP & a selling price of $26,400. It is not my first choice color (or second or third lol) but what would that come out to monthly if I decided to go that way?
 
Thank you for your help
#117 of 123
Re: Flex SEL FWD SoCal April Lease Rates [kyreba] by Car_man HOST
Jun 09, 2009 (2:27 am)
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Replying to: kyreba (May 19, 2009 8:58 am)

Hi kyreba. I would be happy to work up a lease payment on any Flex that you are interested in, but in order for me to do so I need you to provide me with some additional information first. This info includes:
 
the trim level (a detailed description of the vehicle)
 
MSRP
 
selling price
 
how long you want to lease for
 
what mileage allowance you need
 
Let me know what these variables are and I'll crunch some numbers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#118 of 123
Re: Flex SEL FWD SoCal April Lease Rates [Car_man] by kyreba
Jun 09, 2009 (9:14 am)
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Replying to: Car_man (Jun 09, 2009 2:27 am)

Thanks Car_man but it's a moot point now.
Although Ford Credit sent me a pre-approval for a new lease they would not honor it when I went in to get the new car. Very disappointing since I make all my payments on time & turn in my cars in excellent condition.
So I've now extended my current lease to build a down payment to purchase another vehicle. It won't be a Flex, it's out of the price range plus I'm not sure I want to be stuck in it for 5 years. I'll probably stick with another Escape since I've already had one for 3 years & know it works for my lifestyle. Although I'm also thinking of looking at an Element or an xB.
#119 of 123
Flex So Cal FWD SoCal June/July Lease Rates by neustadt
Jun 24, 2009 (2:16 pm)
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Hi,
 
I'm looking for the latest lease rates and monthly payment estimates for the greater Los Angeles area on a:
 
2009 Ford Flex SEL FWD
Conv Package
2nd Row 40/40
Cinnamon w/ White two-tone roof
SYNC
12,000 mi per year
36 month lease
 
Does the current cash rebate (i believe $3,500) still apply if you lease the vehicle as opposed to buying?
 
Anyone else in the area have any monthly lease payment comparisons? Dealer recommendations?
 
Thanks for any help provided.

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