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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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#81 of 123
Flex Limited FWD Florida April Lease Rates by baxterdown
Apr 11, 2009 (5:20 am)
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Hi Car_Man,
 
I'm in South Florida (Fort Lauderdale). Could you please get me the April lease rates for a 2009 Flex Limited FWD? Also, I see you've posted 15K miles in your replies. Do you know if Ford offers the 2 point increase in residual for 12K miles and 4 point for 10K miles? I'm looking to lease for 36 months.
 
Thanks in advance for your help!
 
Baxterdown.
#82 of 123
Flex SEL FWD SoCal April Lease Rates by amx
Apr 12, 2009 (10:18 am)
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Dear Car_Man,
 
Can you help with SoCal lease rates for a Flex SEL? We are looking at 36mo and 15K mi/yr. Is 39 mo. better? How does it look for 12k?
 
Are dealers doing invoice pricing? Or should I shoot for something like 2K below inv?
#87 of 123
Re: Not sure what to do in Long Island, NY [yokev] by Car_man HOST
Apr 22, 2009 (2:16 am)
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Replying to: yokev (Apr 09, 2009 5:16 am)

Hi yokev. Many of Ford's April incentives are scheduled to run through May 4th. Dealers always like to create a false sense of urgency in potential clients in an effort to get them to pull the trigger on a deal ASAP. The dealer doesn't know for certain whether Ford's May lease program for the Flex will be different or not. No one knows at this point, outside of a few people at Ford...if they have even already made up their minds.
 
If I was in your situation, I personally would wait. Even if the lease program does change, I can't imagine that it would be by a lot...certainly not enough to justify wasting hundreds of dollars per month on two payments. Of course, as I mentioned earlier it is impossible to say for certain what Ford's May program will be like at this point. I personally would wait, but don't blame me if the new program is worse, I'm just making an educated guess .
 
Car_man
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#88 of 123
Re: MF and Residual for SEL AWD in CT [deejaybunk] by Car_man HOST
Apr 22, 2009 (2:39 am)
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Replying to: deejaybunk (Apr 10, 2009 11:08 pm)

Hey deejaybunk. Here's the info that you're looking for. Ford Credit's current buy rate lease rate and residual value for a 36 month lease of a 2009 Flex SEL AWD with 12,000 miles per year in your area right now should be 0.25% and 48%, respectively.
 
Car_man
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#89 of 123
Re: Flex Limited FWD Florida April Lease Rates [baxterdown] by Car_man HOST
Apr 22, 2009 (2:43 am)
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Replying to: baxterdown (Apr 11, 2009 5:20 am)

Hi Baxterdown. In many parts of the country, Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Flex FWD with 15,000 miles per year are 1.25% and 46%, respectively. Ford Credit's 12k residuals are indeed 2% higher than its 15k resids and its 10.5k resids are 3% higher than its 15k resids.
 
Having said this, I'm not sure if this program is available in Florida right now. Ford has cut way back on the availability of leased through Ford Credit. I would not be surprised in the least if it was not leasing at all in your area at this time.
 
Car_man
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#90 of 123
Re: Flex SEL FWD SoCal April Lease Rates [amx] by Car_man HOST
Apr 22, 2009 (2:47 am)
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Replying to: amx (Apr 12, 2009 10:18 am)

Hello amx. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2009 Flex SEL FWD with 15,000 miles per year in SoCal are 1.25% and 45%, respectively. The numbers for an otherwise identical 39 month lease in your area are 1.5% and 43%. If you were to lease with only 12,000 miles per year, this vehicle's residual values would be 2% higher.
 
Ford is not currently providing any cash incentives on leases of this model. As a result, I doubt that you will be able to lease one for under invoice. Shoot for a capitalized cost of as close to invoice as possible.
 
Car_man
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