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Ford Flex Lease Questions

177 messages,  Last post on Mar 24, 2013 at 1:56 PM

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

    

Messages Page 4 of 19

#23 of 177 Re: Employee Pricing Lease Deal [sammin] by Car_man HOST

Dec 01, 2008 (5:31 am)

Replying to: sammin (Nov 20, 2008 10:10 am)
Hey sammin. I see that you are already aware of Ford's Employee Pricing offer. Ford is not offering any cash incentives on leases above and beyond this. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Flex Limited AWD with 12,000 miles per year in its New York region are 3.25% and 51%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#24 of 177 Re: Employee Pricing Lease Deal [Car_man] by sammin

Dec 01, 2008 (8:51 am)

Replying to: Car_man (Dec 01, 2008 5:31 am)
Hi Car-Man,
 
Thank you; that confirm what the dealer is telling me. I was worried there was more cash to be had that the dealer was not telling me about. They are not going lower than employee pricing (which I can't complain about since it is nearly $5,000 off MSRP)
 
Unfortunately the employee pricing seems to be lowering my trade-in value, that's a rotten thing for them to be pulling, so we are still negotiating that point.
 
This was an ordered vehicle, (before employee pricing), now that the delivery date is falling during employee pricing, my trade (in their evil eyes) seems to have lost a lot of value to compensate for the employee pricing.
 
Rotten bast*erds

#25 of 177 Re: Employee Pricing Lease Deal [sammin] by Car_man HOST

Dec 02, 2008 (3:40 am)

Replying to: sammin (Dec 01, 2008 8:51 am)
You're welcome, sammin. I doubt that the Employee Pricing promotion has anything to do with the value of your trade. Used vehicle prices are falling at the fastest pace that I have ever seen right now. They are dropping so rapidly that a local chain of dealers in my neck of the woods recently instructed its managers not to take any trade-ins. The dealer is probably just being conservative in quoting you a price for your trade, and rightfully so in the current economic environment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#26 of 177 Re: Employee Pricing Lease Deal [Car_man] by sammin

Dec 02, 2008 (7:45 am)

Replying to: Car_man (Dec 02, 2008 3:40 am)
Ok, that makes me feel a little better as that is what they said as well.
 
So here are the details on the deal, how did I do?
 
Flex AWD Limited MSRP: $43,705
Employee Price: $38,912
Up front taxes (in NY), bank fee, DMV, etc: +$2100
Cap Cost red: (trade credit after payoff and $500 dep): -$6400
Adjusted Cap Cost: $34,612
Resid: $22,290
Out the door per month: $419
 
I know, I know, I should not have put so much down (with the trade), but that is the only way I could keep the monthly payments semi reasonable.

#27 of 177 by Rich_A

Dec 06, 2008 (5:37 pm)

Carman or anyone else with the info. I would greatly appreciate the current lease terms on the Ford Flex Limited with 10500 miles a year over 36 months. I am in Miami, FL 33144. Thank you in advance.

#28 of 177 2009 Limited FWD in 92886 by nws_reader

Dec 08, 2008 (3:10 pm)

Please pass rate and residual for the Orange County area in CA (92886). Also, I need to return my current non-Ford lease. A Ford salesman told me I could return it to Ford and he will waive my last month lease payment. Can this be done, how?
 
BTW, the residual value at the time of lease for my current car is $40K and the buyout price is $22K. Can Ford dealer buy it out for me and use whatever difference as a trade in value?

#29 of 177 Re: 2009 Limited FWD in 92886 [nws_reader] by golic

Dec 08, 2008 (3:40 pm)

Replying to: nws_reader (Dec 08, 2008 3:10 pm)
If the buyout value is 22K what is the trade in value?
 
If the trade in value exceeds the buyout, you can do a multi-step transaction where you purchase the car and then trade it in for another car at the dealership.
 
I had the privilege of this happening to me once in my life.

#30 of 177 Re: 2009 Limited FWD in 92886 [golic] by nws_reader

Dec 08, 2008 (4:43 pm)

Replying to: golic (Dec 08, 2008 3:40 pm)
'Internet' trade in value came out to be around $25K, but don't know how much the dealer would quote me ... I'll just be happy if I get enough to cover the $500 turn in fee.

#31 of 177 Re: [Rich_A] by Car_man HOST

Dec 19, 2008 (4:04 am)

Replying to: Rich_A (Dec 06, 2008 5:37 pm)
Hi Rich. Here's the information that you're looking for. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Ford Flex Limited 2WD with 10,500 miles per year in your area are 4.5% and 51%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#32 of 177 Re: 2009 Limited FWD in 92886 [nws_reader] by Car_man HOST

Dec 19, 2008 (4:09 am)

Replying to: nws_reader (Dec 08, 2008 3:10 pm)
Here's the information that you're looking for, nws_reader. This vehicle's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.
 
Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Ford Flex Limited FWD with 15,000 miles per year in your area are 4.5% and 48%, respectively.
 
While it is possible that Ford is running a special early lease termination program, it has done so from time to time, I am not aware of one that is currently running. If this is not an official Ford program, having the dealer eat the final payment on your current lease will likely hamper your ability to get the best possible deal on your new vehicle.
 
The values of used vehicles have absolutely fallen off of a cliff over the past several months. It is unlikely that your current leased vehicle is worth thousands of dollars more than its purchase option price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 4 of 19

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