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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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#100 of 123
Flex SEL AWD by austrianbrand
May 08, 2009 (4:18 pm)
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Hi car_man,
 
read a lot of your comments and I am sure you can help me out here.
Was looking into leasing (and lease only, for business) a Flex SEL AWD
 
Here is the offer i got from dealer and I live in NJ, 07960
 
Retail 33920 w/ extras 39035 (incl. dest fee 700)
savings offered 2702
sale price 36333
Net sale w/ all the taxes, doc fee, etc 39700
Said included 1000 lease cash !?
down 3500, 12k, 39 months ea. 482
 
Is this anything decent ?
here are my questions:
with 3500 down where should the monthly rate be ?
lets say 1500 down, how much should the monthly rate be ?
 
Appreciate all the help guys !
 
Thx
#101 of 123
Re: Flex SEL AWD [austrianbrand] by vandyman4
May 08, 2009 (5:58 pm)
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Replying to: austrianbrand (May 08, 2009 4:18 pm)

Hi:
I am in zip code 07004 and got a better deal on a FLEX AWD yesterday. My deal is as follows:
List 38,300
sell price $35,369.00
available rebate from dealer---$750.00
total out of pocket--$1000.00
12,000 miles per year, 36 months
residual---.48
money factor---.25
monthly payment---$499.00
 
I shopped around and this was the best deal. Let me know if you are interested and I will put you in touch with the dealer. They have a lot of cars and are honest.
 
Good luck.
JON
#102 of 123
Re: Flex SEL AWD [vandyman4] by austrianbrand
May 09, 2009 (4:12 am)
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Replying to: vandyman4 (May 08, 2009 5:58 pm)

Hi Jon,
what was the stock number you had quoted ?
What are std's and what optional equip
Thanks,
#103 of 123
Re: Flex SEL AWD [austrianbrand] by vandyman4
May 09, 2009 (4:51 am)
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Replying to: austrianbrand (May 09, 2009 4:12 am)

Hi:
I don't have stock number in front of me but the car is a SEL AWD Black/black with:
vista roof
2nd row 40/40 seats
SYNC wireless
no second row console
rear entertainment
  
Thanks,
JON
P.S. I am moving from a Caddy and I love the Flex for a family of 5.
#104 of 123
Re: Flex SEL AWD [austrianbrand] by austrianbrand
May 09, 2009 (5:08 am)
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Replying to: austrianbrand (May 08, 2009 4:18 pm)

ok just got another offer faxed from same dealer
they have a demo (think 8500miles) Limited AWD
Retail 36555 w/ extras 44500 (incl. dest fee 700)
savings offered 6389
sale price 38111
Net sale w/ all the taxes, doc fee, etc 41755
Said included 1000 lease cash !?
down 3500, 12k, 39 months ea. 466
 
it seems the obviously wanna get rid of the demo cars
only think i wonder is how (and if) they tack on the 8500 already
on the car with the 39000 lease miles
should i even consider leasing a demo with miles on ?
thx again
#105 of 123
Re: Flex SEL AWD [austrianbrand] by kyreba
May 11, 2009 (11:51 am)
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Replying to: austrianbrand (May 09, 2009 5:08 am)

Here's my experience with leasing.....My current Escape had 60 miles on it when I got it. Mycontract says that if I turn it in at the end of the 3 years withmore than 36060 then I will owe for the mileage over that.
 
So with the demo you are looking at I'd say your "over" mileage would start at 47,500 (39,000 +8,500). However I would not do a 39 month lease if I were you.
 
If you lease for 39 months, you will have to pay the 3rd year registration on the car & only get the benefit of 3 months of the 12 you just paid for. I'd keep it to an even 36 months because anything you save by going 39 mo will be eaten up by that registration payment for sure.
 
Just my 2 cents
#106 of 123
Re: Flex SEL AWD [kyreba] by baggs32
May 12, 2009 (11:06 am)
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Replying to: kyreba (May 11, 2009 11:51 am)

So with the demo you are looking at I'd say your "over" mileage would start at 47,500 (39,000 +8,500).
 
I'm not sure if this varies by region but here's how it was explained to me a few years ago. The details are a little fuzzy so please correct me if I'm wrong a little.
 
To lease a demo (I'm in PA) with the odo reading over some mileage limit, I think he said 2000 miles or somewhere around there, you have to build the mileage into the lease and you basically lose them but still pay for them. Using the example above and starting the lease at 8,500 miles on the Flex, on a 36k mile lease you would really only get to drive it for 29,500 miles (36000 - (8500-2000). After that you would pay for each mile over the limit.
 
Salesmen have always steered me away from leasing a demo for this reason. The price is attractive, but make sure you don't need the extra mileage.
#107 of 123
Re: Flex SEL AWD [baggs32] by austrianbrand
May 12, 2009 (11:27 am)
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Replying to: baggs32 (May 12, 2009 11:06 am)

Thansk for both your comments...Indeed I am sure I have to question the dealer about the mileage and the lease mileage. What I was really more concerened is the warranty which is in effect upon registration (or sale)...Since Ford's have 3 year or 36000 miles warranty (which ever comes first) I am sure I would slide into the 36k mileage area within or around the end of the second year...so wouldnt I also take a chance on driving a lease without warranty for the last year ?
#108 of 123
Re: Flex SEL AWD [baggs32] by kyreba
May 12, 2009 (11:33 am)
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Replying to: baggs32 (May 12, 2009 11:06 am)

You could be right. I've never tried to lease a demo car before. I was just using the same principal from how the 60 miles on my current car was handled. However 8,500 is a BIG difference from 60 so I can see where it would be handled differently.
 
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?
 
I'm in SoCal & I'm still trying to work out a good deal for a Flex. I thought I might be able to score a deal on an SEL this last weekend but it is still out of my budget. So I'm back to trying to work the best deal possible on an SE. I know I'l have one by the end of the month but I want it NOW! lol
#109 of 123
Re: Flex SEL AWD [austrianbrand] by kyreba
May 12, 2009 (11:38 am)
Reply

Replying to: austrianbrand (May 12, 2009 11:27 am)

What I was really more concerened is the warranty which is in effect upon registration (or sale)...Since Ford's have 3 year or 36000 miles warranty (which ever comes first) I am sure I would slide into the 36k mileage area within or around the end of the second year
 
I'm pretty sure the warranty would apllied to the actual miles on the car so I'm guessing you would lose those. But I bet you could get an extended warranty to cover afterwards.
 
It all boils down to are they going to sell you the demo chaep enough that after adding on the extra warranty, miles etc are you still under what price you could have negotiated on a non-demo?

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