Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Ford Explorer Lease Questions

1121315171825

Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Ozzie. Ford Credit's March base lease rate and residual value for a 24-month lease of a 2012 Explorer XLT FWD with 12,000 miles per year are 0.25% and 67%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man,

    I'm looking for the current lease rates on a 2012 ford explorer limited with the eco-boost FWD platform. do you have the money factor and residual for a 10k per year lease for both 24 and 36 months? Need to make a decision this weekend so your help is appreciated!
  • zoom03zoom03 Posts: 8
    edited March 2012
    Hi Car Man,

    I'm looking for the current lease rates on a 2013 ford explorer limited with 12 K/Yr for 36 m.

    2013 are on the lot .

    Thanks again.
  • zoom03zoom03 Posts: 8
    Anyone know 2013 Lease rates on Limited for 36 M & 12k/Yr

    Some dealers are saying 54 & 2.5% some 54 & 4.5%
  • chuck68516chuck68516 Posts: 195
    Car_Man,

    I need the current lease rate and residual for the 2013 Ford Explorer Limited 4WD for 24 and 36 months, 10,500 miles per year. Zip 68516. Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi chuck68516. Ford Credit's current base lease rate and residual value for a 24-month lease of a 2013 Explorer Limited 4WD in your area with 10,500 miles per year are 3.0% and 65%, respectively.

    The numbers for an otherwise identical 36-month lease are 4.5% and 56%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • earman68earman68 Posts: 4
    Hello Car Man,

    Can you please tell me the current lease rate and residual for the 2013 Ford Explorer Limited 4WD for 36 months, 12,000 miles per year. I live in Queens, New York and my zip is 11360.

    The dealer was talking with his manager and saying how the 2013 lease programs are not good and high at 4% and need to come down "2 points" to get me to the number i want to be at. I was looking for a sign and drive ( 1st month/transfer NYC plates) and looking to lease around mid $550s for a 2012 /2013Realistic/Unrealstic if they come down to 2%?

    Thanks so much,
    earman67
  • alextroyalextroy Posts: 7
    Hi Car_Man

    Can you please post May money factor/residual figures for 2013 Ford Explorer XLT with Equipment Package 202A, lease for 15k miles per year, zip code is 11803.

    Thanks!
  • earman68earman68 Posts: 4
    tri coat white with black leather
    205a package with lift gate, moon roof, tow package and bliss
    39 months 12k per year
    only paid first month and DMV
    montly $529
    good deal with options?

    ps car already at dealer for guess what?
    MY TOUCH voice recognition issues, told needed to order part..
    not feeling good car less than 1 week old.. help !!
  • fishnerdocfishnerdoc Posts: 2
    Hi Car Man, et al

    Just seeing if anyone thinks this is a good lease quote on a 2013 4wd xlt with 202a package, power lift gate, 20" Rims.

    Msrp 40475
    Pp 38130
    Rate 2%
    residual 54%
    no down
    First month and Reg drive off
    With tax (8.75%) total monthly payment of $537

    What do u guys think?
  • fishnerdocfishnerdoc Posts: 2
    This a 36 month lease at 15k miles/year
  • raslezraslez Posts: 1
    Hello,

    Does anybody know the current lease rate for a 2013 explorer xlt? My dealer first quoted me 1% for 3 yrs, 15k miles then said it is 2.5%. I haven't signed yet and wanted to check on here first.

    Thanks
  • I received the following quote from my local dealer in NJ:

    2012 Ford Explorer XLT 4wd msrp $38,451
    X-plan price of $36,416
    money factor 2%
    Residual 55%

    12k a year

    $2000 down
    $433.00 a month includes tax & fees

    or 15k per year
    $2000 down
    $455 a month includes tax % fees

    Seem like a good deal? $
  • djhalptertdjhalptert Posts: 115
    I don't see this as being "good." You could buy that same Explorer for about $580 a month including tax. I wouldn't lease one to save $125 or less. Might as well buy. Buying gives you additional rebate(s) not available to leasing. Buy it or negotiate a better lease.
  • mndconnmndconn Posts: 3
    edited May 2012
    Hi Car Man, others:

    Got a "deal" on an XLT Ecoboost my wife and I are considering:

    MSRP 37755
    Trade 4000 (03 Windstar 123K miles with some minor body issues and a few things not working)

    39 mos lease 12K miles per year
    money factor 3.25 (seems too high???)
    residual .55
    zip code 17331
    $642 due at signing
    Payment $460/mt

    Thoughts? Thanks!
  • rpm813rpm813 Posts: 2
    Hi Car Man,

    I am looking for the money factor and residual value for a 36 month lease of an Explorer XLT and Explorer Limited. Both for 12k miles/yr.

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi rpm813. Ford Credit's current base lease rate and residual value for a 36-month lease of a 2012 Explorer XLT AWD with 12,000 miles per year are 2.0% and 55%, respectively.

    The lease rate for a '12 Explorer Limited AWD would be the same, but its residual value would be 53%.

    When negotiating your deal on this truck, make sure to take advantage of the $500 cash incentive that is currently available on leases of it through Ford Credit.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • zapman12zapman12 Posts: 1
    Hey car man,
    The 24mo leases look most attractive. Whats the rate/residual
    for a 2wd XLT in northern california. Is the lease rates regionally priced
    on this vehicle?
    Thanks for any input
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey zapman12. Ford's June lease program is only scheduled to run through today. It is supposed to introduce its new July numbers some time tomorrow. Please post a reminder for me in a day or two and I'll be happy to fill you in on what I have been able to find out about the new program. Thanks.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jarradejarrade Posts: 3
    Car_Man,

    I too am in the market for an Explorer this month. Have you heard what the new incentives for July are today?

    Thanks!
  • nyccarguynyccarguy Stamford, CTPosts: 7,986
    My sister & brother-in-law have decided they are going to lease a 4WD Explorer XLT for 24 months/10,500 miles per year. Can you tell me Red Carpet's current base residuals & money factors? I'm not sure yet if they are looking for a 2012 or a 2013. Are there any incentives or rebates currently available for this vehicle?

    Thanks so much as always for your help! You do an amazing job here.

    2001 Prelude Type SH, 2011 Pilot EX-L 4WD, 2015 Subaru Legacy 2.5i Premium

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I have seen the new lease program for the 2012 Explorer, jarrade. For a 36-month lease of this truck there is a 1.75% lease rate and a $750 cash incentive.

    The residual values vary by trim level.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey nyccarguy. Thanks :) . Ford Credit's current base lease rate and residual value for a 24-month lease of a 2012 Explorer XLT 4WD with 10,500 miles per year are 0.25% and 64%, respectively. There is a $750 cash incentive on leases of this truck right now.

    The numbers for an otherwise identical lease of a 2013 model are 1.0% and 67%. There is no cash on leases of the 2013 model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • walt201walt201 Posts: 1
    Hey guys, looking to lease a 2012 or 13 explorer. Can u give me a roundabout figure what my monthly payment would be if I put down around 2K with 12000 miles a year on a 2 or 3 year lease? Thanks a lot.
  • nyccarguynyccarguy Stamford, CTPosts: 7,986
    Thanks again car_man. I'm not sure what their exact monthly pmt is, but they picked up their '13 XLT 4WD with an MSRP of $42,800 & a Selling Price of $39,613. 1% money factor for 24 months. I really appreciate your help.

    2001 Prelude Type SH, 2011 Pilot EX-L 4WD, 2015 Subaru Legacy 2.5i Premium

  • Hi car man,

    Would appreciate if you could let me know the residuals and money factors for 2012 and 2013 Explorers for 24 and 36 month leases with 12,000 miles per year. Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to help you out. Ford Credit's current base lease rate and residual value for a 24-month lease of a base 2013 Explorer AWD with 12,000 miles per year are 0.5% and 66%, respectively.

    The numbers for an otherwise identical 36-month lease are 1.5% and 57%.

    The numbers for the 2012 model are 0.25% / 63% and 1.75% / 54%.

    Make sure to take advantage of the $250 cash incentive that is currently available on leases of the 2013 and $750 on the 2012 model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 1. Do you know if these lease rates apply to 2013 Explorer Sport?
    2. What would be the lease rates for the Sport for a 10K, 36mo lease?

    Thanks.

    DR
  • Hi Car_man,

    Thanks for the information. Is this the same for a Limited? The local dealer here is telling me the residual for a 24 month lease, 12K miles per year is 63%. Thanks.
  • Hi Car_man,

    Two local dealers in the palm beach county area in South Florida are quoting around $700 per month for a 24 month lease with 12K miles per year with no cap cost reduction. MSRP is $47,690. Based on the TMV of this car tracking close to the invoice price of approx $44,000, and a 66% residual and .5% MF, I have been calculating a lease price around $572 with no money down. Has anyone else been getting a similar price, or does the $700 per month seem reasonable? Thanks.
This discussion has been closed.