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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 18 of 18

#168 of 177 Car Man does this make sense? by socalcarfan

Sep 11, 2012 (10:46 am)

It is a 301a which adds adaptive cc, and powerfold 3rd row seat.
2500 cash and 15000 miles per year.
  
 
 1) Contract Date: 09/05/12
 2) Next Payment Date: 10/10/12
 3) Bank (W): OO2
 4) Stock Number: 1302
 5) Buyers County (W):
 6) M.S.R.P.: $ 45,640.00
 7) Residual %/Amt 51.00%$ 23,276.40
 8) Total Prepaid Mi Amt:
 9) APR: 1.7500%
10) Term: 36
11) SELLING PRICE: $ 44,000.00
12) Add to Cap (W): $ 595.00
13) WeOwes/AftMkt (W):
14) ServCont/Ins's (W):
15) Customer Cash: $ 2,500.00
16) Rebate: $ 3,000.00
17) Total Trade Allow: $ 22,000.00
18) Cash Cap Reduction: $ 1,015.41
19) CapTax Rt/Amt: 8.7500% $ 351.35
20) Ttl UpFrt Fees (W): $ 106.90
21) Ttl Annual Fees(W): $ 387.00
22) Security Deposit:
23) *** DRIVEOFF ***: $ 5,500.00
24) Working Cash (W): $ 5,500.00
25) Mnthly Use Tax: 8.7500%$ 50.88
26) Total Payment: $ 632.34
 
Base Monthly Rental: $ 581.46
 
      NET CAP: $ 42,494.59 27) One Pay Amt(W):
    Total Cap Reduction: $ 2,100.41
    CGRS: $ 270.11- Days in Stock: 33
Command (?):
  
Enter a command, a field number, or press a function key. Enter ? for help.
 F3=Sv/Ex F5=RRecall F6=Cust F7=Veh F8=Trd F10=Misc SF11=>

#169 of 177 Re: Car Man does this make sense? [socalcarfan] by Car_man HOST

Sep 25, 2012 (4:09 pm)

Replying to: socalcarfan (Sep 11, 2012 10:46 am)
Hi socalcarfan. A $45,000 Flex...that's one loaded vehicle. The selling price that you quoted looks to be around $1,300 or so over invoice. In a competitive market like Southern California, I personally would want a selling price that's a little closer to dealer invoice than that...say at least another $500 off if not more.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#170 of 177 2013 Flex SEL AWD lease? by lsp2012

Nov 06, 2012 (1:15 pm)

Hi Car_man:
 
Would love your (and others) take on the following lease offer:
 
2013 Flex SEL AWD, w 202A, Vista Roof and Nav. MSRP of $41,660.
 
$4100 down (includes 1st month, acq fee, etc), so about $3000 cap cost reduction.
 
Net selling price of $37,024, includes $1000 incentive (i.e. $38k - $1k).
 
$22,900 residual value (55%). 39 month lease, 10,000 miles/yr. Lease payment of $370/month including 7% sales tax. 2% financing -- is that the correct Ford Credit rate?
 
This is in New England.
 
Thanks in advance for any thoughts anyone has.

#171 of 177 2013 Ford Flex Limited AWD - Lease Deal? by mutchinator

Dec 09, 2012 (12:40 pm)

Hello - I am debating on leasing a new 2013 Flex Limted AWD - loaded (except Ecoboost) - here is breakdown in Eastern Pennsylvania:
 
Here is numbers I was provided when we started talking about purchasing:
MSRP $46,940.
Rebate $2,000.
Discount $2,496.
Ford Credit $1,000.
Net $41,444.
 
I have a 2009 GMC Acadia for Trade - they were offering $18,500. which I think is low and I'm considering selling it outright. But they were factoring in $1,000 equity for the trade so the number on loan comes down to $40,444.
 
Purchase Deal:
$687.48/60 months/ZERO down
$601.16/72 months/ZERO down
 
Here is the lease offer - I was told 48% residual on 39 months:
Lease + Fees
$647.18 18k miles/year 39 months ZERO Down
 
Does the loan and lease offer seem fair? I think the lease seems a bit high - and when I asked about money factor, APR on loan - they dealer was pretty ambiguous and said they would find lowest rate, etc. Seemed a bit fishy...
 
I would like to lease -but this seems pretty high with my calculated comparable APR around 6% when I plug the numbers into a spreadsheet I found.
 
Thoughts? Thanks in advance -

#172 of 177 Re: 2013 Flex SEL AWD lease? [lsp2012] by mutchinator

Dec 09, 2012 (7:30 pm)

Replying to: lsp2012 (Nov 06, 2012 1:15 pm)
Hi - did you ever finalize your lease? I am prepared to do so - but it looks like you had a decent deal on the rate; maybe a bit of a downpayment, but wondering how things worked out for you.

#173 of 177 ford flex lease numbers by realcul

Dec 24, 2012 (11:38 am)

Carman, can I get the current lease numbers (residual and money factor) for 2013 flex limited and sel models. 3yr 12k lease.

#174 of 177 Re: ford flex lease numbers [realcul] by Car_man HOST

Dec 28, 2012 (7:13 am)

Replying to: realcul (Dec 24, 2012 11:38 am)
Yes I do realcul. Ford Credit's December base lease rate and residual value for a 36-month lease of a 2013 Flex Limited AWD with 12,000 miles per year are 1.75% and 54% for consumers who qualify for its top credit tier.
 
The lease rate for the SEL AWD would be the same, but the residual value would be 56%.
 
There is a $1,000 cash incentive on leases of this vehicle right now (slightly higher in certain regions). Make sure to take this cash into account during your negotiations.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#175 of 177 Re: 2013 Flex SEL AWD lease? [mutchinator] by lsp2012

Dec 28, 2012 (7:39 am)

Replying to: mutchinator (Dec 09, 2012 7:30 pm)
Sorry for the tardy reply.
 
Yes, we went ahead with the lease under these terms. Seemed like a pretty good deal, and it was on a vehicle that was a hard to-find-color color combination.
 
Also, leasing through Ford is particularly advantageous for us, because we live in Providence, RI, where there is a 6% annual car tax (yes, really outrageous, isn't it?). Somehow, FoMoCredit has a deal with the state to pay a state-wide average rate of 1.5%, so that special arrangement saves us around $4000 over the life of the lease.
 
I have heard that the Flex is hard for many dealers to get rid of, so aggressive negotiating ought to be possible, particularly for cars on the lot.

#176 of 177 current flex lease residuals and rates by 993_911

Mar 06, 2013 (4:16 pm)

Hello Car_man -
I'm looking for the current lease numbers for a Flex Limited - fully loaded - in Washington State. 39 months and 12k miles/year.
Thank you!

#177 of 177 Re: current flex lease residuals and rates [993_911] by Car_man HOST

Mar 24, 2013 (1:56 pm)

Replying to: 993_911 (Mar 06, 2013 4:16 pm)
Hi 993_911. Ford Credit's March base lease rate and residual value for a 39-month lease of a 2013 Flex Limited AWD with 12,000 miles per year are 1.25% and 50%.
 
Ford is currently providing a $2,500 cash incentive on leases of this vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 18 of 18

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