Last post on Nov 16, 2013 at 10:08 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Ford Taurus, Car Buying, Car Leasing, Sedan
#10 of 60 sho lease
Jul 16, 2010 (7:17 am)
Would appreciate response on #6 from Car man / Forum Host:
Can you confirm mf and residual are best possible / correct?
Any incentives to lower price?
Dealer also won't show me worksheet.
#11 of 60 2011 SHO Lease Post #6
Jul 17, 2010 (3:34 am)
For those interested...
kitmax provides the following information...
24 month lease on 2011 sho (12K mi/yr) based upon following:
Cook County IL
excellent credit score
0 down; 1st payment and tax upfront
1. does $719/mo & 4219 (taxes & 1st payment) seem right?
2. is Xplan good price for this model/year (possible to negotiate lower)?
3. are there any Ford incentives that dealer has available (but may not have offered)
Ford's lease rate is, indeed, 1.75%. It's an interest rate and not a money factor. IF the residual and payment are correct and the $41,326 Xplan price is the "sell price", then the adjusted captialized cost is $42,772.69 suggesting that $1,446.69 has been capitalized (financed) in the lease. Because kitmax is paying $4,219 [1st payment + IL Sales Tax (no cap reduction indicated)] at lease signing, the $1,446.69 must consist of the following...
FMC Acquisition Fee........................ 595.00
Doc fee/DMV Fees/Other Fees........ 851.69
The bolded fees are of some concern (they're not itemized). And so, the best way to eliminate confusion and misunderstanding is to ask the dealer to provide their lease worksheet. If they don't provide it, you're not in control of the deal or not being forceful enough. There is absolutely no reason for any dealer not to provide this document.
Also, the bet here is that this vehicle can be acquired for a few hundred dollars less than the indicated Xplan price of $41,326. And, as far as I know, there are no leasing incentives for the SHO at this time.
Jul 21, 2010 (4:16 am)
A reporter is hoping to talk with someone who is shopping for a new Taurus or recently bought one. If you care to share your story, please email your daytime contact information and your brief thoughts on the car to predmunds.com no later than Friday, July 23, 2010.
#13 of 60 Re: 2011 sho lease [kitmax]
Jul 26, 2010 (1:41 am)
Hi kitmax. The lease rate that you were quoted looks high to me. According to the latest information that I have seen, Ford Credit's current base lease rate for a 24 month lease of a 2011 Taurus SHO is only 0.75% for consumers who qualify for its top credit tier. The 60% residual value that you were quoted is right on the money.
The X-Plan selling price is attractive. I doubt that you would be able to do much better than that on your own.
Prices Paid: Buying & Leasing Experiences Forum
#14 of 60 Taurus lease
Sep 18, 2010 (4:44 am)
I am in FL - looking to lease a 2011 Limited FWD with 303A spec and moonroof and contour seats MSRP $37k...can someone tell me a good tell for 18,000 miles for 36 month lease thanks
#15 of 60 Re: Ford Taurus Lease Questions [kyfdx]
Sep 18, 2010 (6:19 am)
I am in FL - looking to lease a 2011 Limited FWD with 303A spec and moonroof and contour seats MSRP $37k...can someone tell me a good price for 18,000 miles/year for 36 month lease thanks
#16 of 60 Please Help-Lease
Nov 12, 2010 (4:37 pm)
I live in NY & just got back from a Ford dealer & need to know if the following is a good deal:
2011 Ford Taurus SEL MSRP- $31995 w/ 3700 mi
10,500 mi per yr
w/ leather trim
#17 of 60 Re: Please Help-Lease [hillsave]
Nov 22, 2010 (4:57 pm)
Hi hillsave. The easiest way for me to evaluate this deal would be to look at this car's selling price in relation to its MSRP. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is much more difficult to tell how large a dealer discount you are being given and in turn if there is any room left to negotiate. Let us know and I'm sure that either myself or another knowledgeable community member will gladly tell you what they think.
Prices Paid: Buying & Leasing Experiences Forum
#18 of 60 Lease on Taurus Limited
Dec 29, 2010 (6:21 pm)
Quick question before the end of the year. Going to try and leverage year end quotas.
Looking to lease a Taurus AWD limited for 39 mo 12/year. Anyone know the money factor (lease rate) and residual for it? Oh A previous post made mention of location. I currently reside in Massachusetts.
Thanks in advance.
Also does anyone know if the year end 1500 cash towards payments apply to leases or only purchases?
#19 of 60 FEB Lease Rates on 11 Taurus SEL FWD
Feb 25, 2011 (5:06 am)
Could you post the MF and residual for the 2011 Taurus FWD SEL for 24 months w/ 10.5k per yr? Any lease cash/dealer cash that you are aware off? I would appreciate it. Thank you.