Last post on Oct 15, 2012 at 11:18 AM
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What is this discussion about?
Ford Fiesta, Car Buying, Car Leasing, Hatchback, Sedan
#6 of 8 Re: Leasing Numbers [sant0s]
Nov 06, 2011 (4:03 pm)
Hi sant0s. Ford Credit's lease rates for the 2012 Fiesta vary from 2.0% to 3.0%, depending upon which one of Ford's many regions you are in. Its residual values for a 36-month lease of the 2012 Fiesta Sedan SE with 15,000 miles per year is 55%.
Prices Paid: Buying & Leasing Experiences Forum
#7 of 8 Should I buyback my 2011 ford fiesta SES
Oct 15, 2012 (11:18 am)
I leased a 2011 Ford Fiesta SES. Due to a bad credit score, I am paying a lot for it. My lease is due in 4 months and I have a residual value of around $14K but the TMV is around $16K. Should I buy the car or just wash my hands of it?
I should be able to get a better % rate than the time I first got my car, so I don't expect to pay too much hence affordability would not be an issue.
Also in case I buy it, a couple of my friends have told me that the TMV value might not be accurate as the vehicle was not in my name during the lease term hence the value would be much less.
Any inputs/suggestions would be greatly appreciated.