177 messages,
Last post on Mar 24, 2013 at 1:56 PM
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Ford Flex, Car Buying, Car Leasing, Wagon
#32 of 177 Re: 2009 Limited FWD in 92886 [nws_reader]
by Car_man HOST
Dec 19, 2008 (4:09 am)
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
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#33 of 177 Ford Flex FWD Limited
by flyman683
Jan 08, 2009 (8:04 pm)
Went by the dealer today and was getting the following terms at J&S Ford in Jersey City, NJ:
Ford Flex FWD Limited
MSRP: 40,270
Cap Price: 36,240
All taxes, title, etc up front - can't remember the exact # but approx: $2200
Trade-in: ~4,000 pending them seeing it in person but with the promise to adjust so the lease comes out at $400 a month.
Monthly Payment: $400
Good deal? I really want a midsize SUV with Navigation but lease deals aren't great on the normal manufacturers right now (Ford Flex, Toyota Highlander, Honda Pilot, VW Tiguan) with Navi & I keep feeling like I'm getting up to near Acura MDX or Lexus lease prices...
Any additional ideas or other similar vehicle suggestions?
#34 of 177 SEL lease
by clark4
Jan 10, 2009 (11:26 am)
My latest quote for:
SEL FWD
MSRP $36,720
Cap Cost $31,917
36 mo
zero down
36K miles
$525/mo
There is about $1700 up front including first month, acq fee and reg.
#35 of 177 Re: SEL lease [clark4]
by golic
Jan 11, 2009 (10:37 am)
Are you getting the Leases through Ford or are they 3rd party? Who is writing the leases??
thanks-
#36 of 177 2009 Ford Flex AWD Limited/SEL
by xdgelbertx
Jan 30, 2009 (9:17 am)
Car Man,
My wife is begging me to take her to lease her a new Flex tomorrow. Last day of advertised Employee Pricing. We have 2 months to go on present Pilot Lease so we are not pressed but dont want to give up potential big discounts offered thru EP. Two questions:
1. Any rumors out there as to whether Ford will extend EP into February/March on Flex or not? and
2. Live is North Jersey 07601 area and trying to find out interest and residual figures presently offered by Ford so I can calc lease numbers. Assume $15K/yr 36 month lease. Also, I see a $1000 rebate online also. Is that for leases and purchases?
thanks,
#37 of 177 Re: 2009 Ford Flex AWD Limited/SEL [xdgelbertx]
by Car_man HOST
Feb 04, 2009 (4:33 am)
Hi xdgelbertx. Ford did not extend its Employee Pricing offer for the month of February.
Ford Credit's February base lease rate and residual value for a 36 month lease of a 2009 Flex Limited AWD or SEL AWD with 15,000 miles per year in your area are 1.0% and 48%, respectively. I believe that Ford is currently providing a $250 cash incentive on leases of this model in your area right now.
Car_man
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#38 of 177 Re: 2009 Ford Flex AWD Limited/SEL [Car_man]
by satchriani
Feb 09, 2009 (3:01 pm)
With current Ford incentives, we just leased a Flex SE with Painted roof, Sync, and 6 Disk, and rear backup sensor system.
$2000 down total
39 months
10,500 miles/year
$410/month.
We opted for the service plan as well, which includes all oil changes, brakes, hoses, etc...(usually that's normal maintenance that needs to be taken care of and is not paid for). That made our payment
$429/month.
The car is amazing!!! We love it!!!
#39 of 177 Re: 2009 Ford Flex AWD Limited/SEL [satchriani]
by chuck68516
Feb 09, 2009 (6:33 pm)
I looked at leasing a Flex. Decided against it after working the numbers. It is actually cheaper to buy one. Financing $28,000 with ZERO down, your monthly payment is only $411. (1.9% for 72 months is the current special offer through Ford Credit). I think $28,000 is about invoice price on an SE FWD. You can get WAY WAY under invoice right now so that number would actually include sales tax. You also get $500 customer cash. Should've bought it, in my opinion anyway.
#40 of 177 Carman: Lease Loyalty Question
by baggs32
Feb 18, 2009 (11:58 am)
Hi Carman,
I was quoted $499 per month, after TTL, for 39 months/10500 miles per year on a 2009 Flex SEL with Sync, white roof, and rubber mats. Zero down (I'm guessing the first month's payment and security deposit are added into the lease payment in this case) and I have an X-Plan PIN which means I pay no fees either. I still have 3 payments left on my '06 Explorer lease and it is due to be turned in on 5/25/2009. Those 3 payments come to just about $1500 all together. I noticed on cars.com that the Flex currently has a $1500 lease loyalty incentive right now which I haven't seen mentioned here on Edmunds. Is that incentive really available and what exactly is it for? I'm guessing it was not factored into my quote and I'm wondering if I qualify for it and therefore allow me to turn the Explorer in early without any money out of my pocket?
I'm a little fearful of waiting until late May or early June to lease a Flex because the lease deals may be long gone by then. If you have any insight into that, I'm all ears!
Seems like there's a catch but I want to make sure.
Thanks for your help.
#41 of 177 Re: 2009 Ford Flex AWD Limited/SEL [satchriani]
by Car_man HOST
Feb 24, 2009 (3:58 am)
Congratulations on getting your new Flex, satchriani. Thanks for taking the time to share the details of your lease with everyone. Real world examples like this are always helpful for others who are in the market. If you haven't yet, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well. Enjoy your new ride!
Car_man
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