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Ford Explorer Lease Questions

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  • I'm sorry.. we don't have the Ford residuals this month... the money factor for a 36 mo. lease is 1%, though..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • amn2amn2 Posts: 1
    Is this fair for lease? 2014 - options are 202A package, Navigation, powerlift gate, tow.
    MSRP: $40,575
    down to $36,244 (using xplan and $1500 RCL)
    36 month lease, 12000 miles
    $2000 cash due at signing
    $445/mo payments (which include 7.725% taxes)
    dealer advises Gov't fees of $52.75 & $80 doc fee which is included; also advises money factor is 1.75% and 55% residual

    Looking for any comments. THANKS
  • gooch5gooch5 Posts: 14
    edited October 2013
    Brooklyn, NY

    Equip group 401 A
    Pearl White

    $540 monthly
    $1600 out of pocket at signing
    36 mo 15k mile lease

    Not sure what MSRP was because my wife did the negotiating this time :) Better prices than I was able to get locally.
  • hows this deal:

    40880 msrp explorer XLT

    330 down at signing, nothing else down.

    36 months

    408.00 per month (Tax included) with 10500 miles per year.

    Is there anymore room for them to move? I dont expect there is...
  • October Residuals and MF on 2014 Sport for 24/15, 36/15 please - anyone?
  • Residuals are 63% and 54% respectively.

    I'm sorry, but we don't have the money factors for October...

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Hi, does anyone know the lease details for Explorer Sport for NY/NJ area? 36 month lease 10.5k miles, explorer sport. Thanks
  • navid_anavid_a Posts: 2
    edited November 2013
    Hi, I would like to know what the residual is for a 36 month 10K miles per year lease in the Los Angeles area. If anyone knows the money factor as well that would be great. Thanks!
  • 2014 Explorer Sport residual for 36mo, 10.5K/yr lease is 57% for the 4th Quarter.. Unfortunately, I don't have money factors...

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Residuals are model specific... Anywhere from 53% - 57% for 36mo, 10.5K/yr lease for the 4th Quarter..

    We don't have money factors for November, yet..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • kyfdx thanks for the reply! I am looking specifically at the XLT. From some of my correspondence with dealers, it appears the money factor is 0.0003125 (0.75%). Seems the residual is 56%, just wanted to verify that.
  • Yes.. .the residual is correct... Can't comment on the MF, since I don't have that information..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Don't know if you already got your explorer, But i'm in GA and I just got a limited.
    MSRP $47,235
    36month
    12,000miles/yr
    $570 per month
    Made first months payment at the dealership.
  • Here in Brooklyn for a 2014 XLT with 202A package, powerlift, gps and 20".

    MSRP $41,000
    36 months / 12,000 miles/yr

    $2838 due at signing and $459/m
  • GREATLY appreciate any wisdom, insight and/or help ANYONE can provide regarding a $378/month 36/month term lease we were quoted in Arizona for a 2014 Explorer XLT. They are also willing to pick up the first month’s payment and no out of pocket costs as we will be trading in our 2000 audi a6 2.7 twin turbo awd quarto. Would you consider this a “fair” price? Thoughts? – Thank you!!!

    Price Information BASE PRICE $32,600

    Included on this Vehicle
    EQUIPMENT GROUP 202A $3,220
    DRIVER CONNECT PACKAGE
    MYFORD TOUCH
    SYNC VOICE ACTIVATED SYSTEM
    REAR VIEW CAMERA
    DUAL ZONE AUTO TEMP CONTROL
    PREMIUM AUDIO W/9 SPEAKERS
    COMFORT PACKAGE W/LEATHER

    Optional Equipment
    2014 MODEL YEAR
    RUBY RED METALLIC TC $395
    LIGHT STONE LEATHER HEATED
    .3.5L V6 TIVCT ENGINE
    6-SPEED AUTO TRANSMISSION
    POWER LIFTGATE $495
    CALIFORNIA EMISSIONS SYSTEM
    TRAILER TOW PACKAGE CLASS III $570
    20" POLISHED ALUMINUM WHEELS $1,195
    BLIS/REAR INFLAT BELT PACKAGE $595
    .BLIND SPOT MONITORING SYS
    .2ND ROW OUTBOARD INFLAT BLTS
    SELECT SHIFT TRANSMISSION
    __________
    TOTAL VEHICLE & OPTIONS $39,070
    DESTINATION & DELIVERY $895
    __________
    TOTAL BEFORE DISCOUNTS $39,965

    RAPID SPEC SAVINGS -720

    TOTAL MSRP $39,245
  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,087
    Hello ltbrown. A few questions for you.

    How much is the dealer offering you for the Audi?
    What isvthe selling price of the Explorer?
    Money factor? Residual?

    All of the above are factors in determining if the monthly pmt is good or not.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • I just sent you an email with the details I was given from the dealership. Unfortunately being new to this I don't really know what I'm doing. Any help would be greatly appreciated. Thanks
  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,087
    I saw your email. Please repost here so all can benefit from the information.

    You can (and should) negotiate the selling price. Use the tools here on edmunds to determine invoice price and true market value.

    Money factor is the interest rate for a lease. Residual is the value placed by the finance company on the truck at the end of the lease.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • Here are the details I was just provided:

    Appreciate your thoughts on whether or not this is a "fair"deal:

    For the Audi: 3,500

    Final selling price. 36,000 With rebates.

    Money factor    .75

    Residual 55%
  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,087
    Do you know how much the rebates are? Might be some more room to negotiate on the selling price.

    And, the money factor looks off. Generally, it's a very small decimal value that yields a percentage when multiplied by 2400. It's possible that what you were quoted is the actual interest rate, which is very low (and good).

    Generally it's not a good idea to put money, or trade equity, down on a lease. If your vehicle is totaled or stolen, you are out that money. If you had the dealer cut you a check for the trade value of the Audi, your lease payment would increase about $100/mo.

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

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