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Mercury Mountaineer Lease Questions

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Comments

  • jim7485jim7485 Posts: 4
    2007 Premier AWD 6 Cyl, with pwr running boards, adjustable pedals, roof rails, navi/moonroof package, Satellite radio for 3 yrs. Total retail price $ 36815, invoice $34945. I am eligible for retiree A/Z plan price of $33,505. I need extra miles and have been quoted the following: 2 yr 27,000 miles at 455/mo with 845 on delivery, 2 yr 30,000 miles at 471/mo with 881 on delivery or 2 yr 33,000 miles at 487/mo with 878 on delivery. Given the current lease 'deals', extra mileage, term and plan papers, do those monthly prices seem correct? It's hard for me to compare, given that prices quoted in the newspaper are generally for longer terms and lower mileage. Help !!! thanks jim
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You;re absolutely correct, Gerry. You should be able to negotiate a selling price that is pretty close to dealer invoice on the Mountaineer that you want and then have the dealer subtract any available cash incentives from its price. As far as this truck's lease program goes, Ford Credit's current base lease rate and residual value for a 36 month lease of a 2007 Mercury Mountaineer Premier AWD with 15,000 miles per year in its New York region are 2.5% and 43%, respectively. As you can see, Ford Credit 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.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey Gerry. $500 over dealer invoice minus all of the available cash incentives sounds about right for a Mountaineer to me. I am not personally familiar with how sales tax is calculated on leased vehicles in New York, but you may be able to get an idea by visiting one of the following sites: New York State Department of Taxation and Finance or New York State Department of Motor Vehicles.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Jim. The fact that you are able to purchase your Mountaineer through Ford's retiree plan should enable you to get a good deal on it without having to haggle. The selling price that you were quoted looks good to me. Just make sure that all of this truck's available cash incentives are deducted from it. Ford's lease program for this truck varies by region. If you tell me what state you are in I would be happy to give you its exact lease program for your area.

    Car_man
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  • jim7485jim7485 Posts: 4
    Thanks Car_man: I am in SE Michigan There are several cash incentives, but I don't have them all in front of me. $1000 loyalty as I am turning in a Mountaineer at lease-end and leasing another. Also something like $4500 I think because sales are slow.... ? .... can you verify? The dealer rep faxed me the invoice with lease numbers scribbled on it, so I don't know if all of the available incentives have been deducted. If the A/Z plan price is ~$33,500 and I deduct $5500 (from above), I could buy for $28,000. So.... how do I determine if the discounts are included in the lease price? Thanks for your prompt reply. :shades:
  • lane6lane6 Posts: 1
    Just came back from dealer in Ohio. 3.75%Apr and .43 residual on a 36mo 15K/yr. lease. Mercury was offering $850 discount on the moonroof/navigation package, reducing the MSRP. Dealer said package discounts are added back in to calculate the MSRP for leasing. Any thoughts?
  • 2007 Premier v6-msrp $34,005+destination=$34740.
    Options include nav/moonroof package,power running brds and few others.Dealer website states retail customer cash rebate $1500 and retail bonus cash rebate $2007.
    Since this is a 2007,and (2008 is out) shouldnt this be priced at invoice minus these 2 rebates,and minus the $850 rebate they are giving on nav/moon package?PLease help-I am trying to lease this for 36 mos/12000miles p/yr.My zip is 33433 and tax here is 6%.Thanks
  • chuck68516chuck68516 Posts: 195
    If it says "RETAIL" it means purchasing with a bank loan. Not available with leasing.
  • CarMan or anyone else, what are the best lease deals currently for this vehicle? I am looking at a Premier, MSRP with options : $33,845. I want 36-39mon/ 10.5-12 K miles and no/low down. Bob
  • CarMan I need to know the residual and MF for the 08' Moutaineer Premier AWD, ASAP..... There are incentives available from Mercury but I want to calculate my payments. I am looking for 36-39 mon/10.5-12K per year. Thanks, BOB
  • I am curious whether I am getting a decent deal or not.

    Leasing an AWD 2008 Mountaineer with the following equipment: (a) Comfort package (heated leather with memory); (b) 3d row seat package; (c) Sync voice; (d) Running boards; and (e) Crossbars for the roof rails.

    Lease term: 36 months / Lease miles: 12k a year

    Lease price: $435 (true sign and drive -- all fees, taxes, etc. rolled in).

    Other local dealers could not match and trying to see how good of a deal this is. Trying to figure out whether to go with this truck (seems like the best priced in this category -- nothing else came close except for stripped down Pilot) or a car (like a Camry SE, for $315 a month - sign and drive).

    Anyone have any thoughts? Thanks.
  • I lease a Mercury Mountaineer, There is a problem with a module and ford is not letting people know about it. I lost the use of it for 3 weeks and they will not me any satisfaction. Their Customer service is Horrible. FORD PUT OUT A LETTER TO SERVICE DEPARTMENTS, BUT DID NOT NOT NOTIFY LEASSEES OR OWNERS. 9,100 miles on this truck. I'm afraid to drive it. Been is 3 times for same problem.

    Sal
  • I lease a Mercury Mountaineer, There is a problem with a module and ford is not letting people know about it. I lost the use of it for 3 weeks and they will not give me any satisfaction. Their Customer service is Horrible. FORD PUT OUT A LETTER TO SERVICE DEPARTMENTS, BUT DID NOT NOT NOTIFY LEASSEES OR OWNERS. 9,100 miles on this truck. I'm afraid to drive it. Been in the service dept. 3 times for same problem. Anyone with this truck should checxk this out. Has anyone experinced this problem. Engine Dragging and Bucking.
    Corrected from last message

    Sal
  • Is this site still active

    Sal
  • My 36-month,15K miles per year, lease on a 2007 Mercury Mountaineer is coming to an end in December. The Mercury is in good condition and has ~39K miles on it.

    I'd like to either buy the Mountaineer or a different CPO vehicle. I'm leaning toward returning the Mercury and just buying a different CPO vehicle in order to get a vehicle with a slightly smaller profile and better gas mileage. On my short-list are the used Toyota RAV-4 and used Subaru Forester.

    The buy-out price on the contract for the Mountaineer is just under TMV value, so it seems like a good deal. But, I don't feel as confident in the long term reliability of the vehicle and I'm not in love with the gas mileage. However, if I got a good deal, I would be inclined to keep the Mountaineer since I know its history. I don't imagine I can get them to negotiate on the buy-out price since its below TMV. Are there any other options such as a low finance rate? I plan to put down around $8K toward whatever I end up getting.

    My Mountaineer lease is my first leasing experience. I'm anxious about possible surprise charges if I try to return the vehicle back. I bought the additional wear and tear coverage that gives me an additional $2500 in leeway. But, I still worry that if they find out I plan to return the car, they'll scrutinize and charge me for anything and everything imaginable. I know this is likely me being paranoid since as I mention the vehicle is in good condition.

    How much of any of this should I share with the lease people when I call to discuss setting up the vehicle inspection and discussing lease end options?

    Any advice is appreciated.

    Thank you in advance,
    Crickets
  • jayriderjayrider Posts: 3,196
    Check out the edge awd. If you lease keep the 8k in the moneymarket and put zero down. Pay the extra monthly payment out of the 8k --- you protect yourself if the car is totaled. Ford has ok rates on leases.
  • Well - I wasn't really looking to lease again. I'd really prefer to buy either a used CPO or the Mountaineer. Any thoughts that don't involve re-leasing?
  • jayriderjayrider Posts: 3,196
    Absolutely buy new. Nice low mileage cars are going for insane prices. What kind of vehicle are you interested in and price range?
  • Had the following of vehicles on my short list:

    Toyota RAV-4
    Subaru Forester
    Ford Escape
    Honda CR-V

    But was thinking I'd have to buy used in order to stay around $20K
  • jayriderjayrider Posts: 3,196
    Maybe not -- click on my name and go to my carspace and request we be friends. I can help you check them out -- don't know if this forum is for car shopping.
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