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Lincoln MKT Lease Questions

kyfdxkyfdx Posts: 31,128
Ask your MKT lease questions here!

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Prices Paid, Lease Questions, SUVs

Comments

  • bmlcarbmlcar Posts: 2
    Hey guys-
    Do you happen to have the leasing information for the MKT for March? Specifically the residual and mf on 36 or 39 month leasing with 12k per year? It appears on the surface they have some promotion running. We are coming out of a MB R350, 2009, which was purchased back by MB. Any help would be greatly appreciated.

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Welcome bmlcar. Here's the information that you're looking for. Ford Credit's March base lease rate and residual value for a 36 month lease of a 2010 Lincoln MKT 2WD with 12,000 miles per year are 1.5% and 49%, respectively.

    The numbers for an otherwise identical 39 month lease are 1.75% and 47%.

    As you can see, Ford publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.

    When negotiating your lease on this vehicle, make sure to take the $500 cash allowance that Lincoln is currently providing on leases of it into account (this allowance is a little higher than that in certain areas).

    If you don't mind me asking, what was wrong with your R350? It must have been pretty messed up for you to get Mercedes to buy it back.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • I'm considering a new lease on a 2010 MKT with a base rate of 2.25% with a 47% residual on a 39 month lease(2011 was 4.75% with a 50% res)...the salesman is telling me these rates are good till Oct 4th when new packages come out... i'm so close to that date i'm trying to decide if i should wait for "better rates" or incentives...Anyone out there with insight into what may be coming down the shute for the new rate packages or anyone who can tell me what "typically" happens this time of year with rates and residuals...any info or advice greatly appreciated..I am turning in a lease by the way on 2008 Nav...Thanks for your help

    Owen
  • sach5sach5 Posts: 4
    Many thanks to those who have posted information here.

    I just closed on a 2010 MKT lease in MA.
    - AWD Ecoboost 201A package with power folding 3rd row seats and park assist
    - 36mo, 12k miles
    - $740/mo inclusive of all sales and excise taxes (~$640/mo base cost)
    - $1500 out the door
    - I had an x-plan number to work with
    - promotional lease rate was 2.0%
  • Congratulations on getting your new MKT, sach5. Thanks for taking the time to give back and share the details of your lease with everyone. ENjoy your new ride!

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • zion611zion611 Posts: 1
    I have been given a lease quote:

    Red Carpet Lease

    36-month/31,500 miles

    $ 2,800 total due at start

    $696.44 + tax
    the invoice through zag is (56,649.53)

    This is a loaded Ecoboost- What questions should I ask, and is this a decent deal?
  • traderbtraderb Posts: 33
    can you give me may lease rates for 36 and 48 month lease, 12k/yr. ecoboost model. thx
  • caritascaritas Posts: 4
    Would you provide an indication of when the 2012's are going to be in stock, and whether this is still a good time to consider the purchase or lease of a 2011 MKT? Also,, these vehicles seem to be rare in dealer inventory - does that hurt the chances of finding a good deal on one? I am in the Dallas area.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to traderb. Ford Credit's May base lease rate and residual value for a 36 month lease of a Lincoln MKT Ecoboost with 12,000 miles per year are 2.75% and 56%, respectively.

    The numbers for an otherwise identical 48 month lease are 5.0% and 43%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi caritas. I'm not sure exactly when the 2012 MKT will begin to arrive at dealers. This isn't a bade time to consider getting a 2011 model. If I was in the market for one, I personally would either lease it or finance it through Ford Credit at 0% for 5 years or 1.9% for 6 years.

    The fact that dealers do not have a lot of MKTs in inventory can mean one of two things, either they are so hot that dealers cannot keep them in stock (unlikely) or that they are not in very high demand and dealers don't want to stock them (more likely). If the latter is the case then the fact that there aren't many around probably won't hurt your ability to negotiate an attractive deal. If I was personally in the market for an '11 MKT, I would shoot for a selling price of around $500 over dealer invoice minus any available cash incentives.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello Car_Man

    Could you please provide the money factor and residual percentage for a 2013 MKT Eco Boost AWD - 15K miles, 36 months, top tier credit.

    Thank you
  • qthqth Posts: 25
    Anyone buys 2013MKT. Please provice the price paid and driving experience. Thanks.
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