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Ford Flex Lease Questions

123 messages, Last post on Oct 06, 2009 at 11:32 AM
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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? |
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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.
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Replying to: clark4 (Jan 10, 2009 10:26 am) thanks- |
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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, |
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Replying to: xdgelbertx (Jan 30, 2009 8:17 am) 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 Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Feb 04, 2009 3:33 am) $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!!!
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Replying to: satchriani (Feb 09, 2009 2:01 pm) |
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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.
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Replying to: satchriani (Feb 09, 2009 2:01 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: baggs32 (Feb 18, 2009 10:58 am) If I personally was in your situation though, I would wait until my current lease was up to get something new. It would drive me nuts knowing that I paid $1,500 more than I should have for my new vehicle just because I wanted to get it a couple of months early. The only risk that you run in waiting is that Ford will be forced to pull the plug on its lease program, like General Motors and Chrysler had to. This is probably unlikely, but who knows what will happen in this economy. To be honest with you, $500 per month seems like a lot of money to lease a Ford Flex to me anyhow. Leasing just isn't what it used to be for domestic vehicles. The Flex is probably slightly bigger, but you could lease a fairly similar nice AWD Subaru for at least $100 per month less than that, if not $150/month less. That seems like a much better value to me. If I really wanted a Flex, I personally would be more inclined to finance it instead of lease it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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