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Ford Edge Lease Questions

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  • travel777surftravel777surf Posts: 1
    edited October 2012
    Ford Edge 2013 SEL
    Sync/Nav/Sel Package/20"/power lift/rear cam/leather

    37,305 MSRP
    31,721 Cap cost .5% APR/24 MO/10K
    24,621 Residual

    $300 per mo. +Tax

    2k sign and drive
  • jensen3jensen3 Posts: 35
    I'm still a year out from the end of my lease, but I've already decided that I'm changing to an Edge for my next vehicle. So, I'm subscribing here to get a feel for what others are paying and what to expect in regard to leases. Thanks to everyone here for all of their great input!
  • Hey Car Man, I'd like to add one more request to the list. I'm looking at the 2013 Edge AWD Limited with the 301A package, 12k/yr for 36 mo. I've had one quote from a dealer at 60%RV and 2.0% APR which seems pretty good, but I'm curious if I can do better. I'm in the Iowa area (52241). Thanks!
  • jl24jl24 Posts: 2
    edited January 2013
    Looking to Lease a 2013 Ford Edge Limited or Sport AWD.

    What's the Jan. Residual % and Money factor

    What's a good negotiated price ?

    I live in Connecticut

    thank you
  • jl24jl24 Posts: 2
    BTW- looking at a 36 month lease , 12-15k miles
  • Hello, car_man --

    Could you share the lease terms for a Sport AWD in the Chicago area? I'm looking at 36 months/10,500 miles.

    Thanks!
  • I've located a 2013 Edge Sport with the exact combination of options I'm seeking. It's a dealer demo with about 4000 miles on it. I'm told it's been driven by a salesman at the dealer. The sticker is $43,275, and the dealer quoted me $40,026 (before incentives). That's 8.5% off sticker. I'm struggling with how to determine what kind of a discount is fair for the miles on the car.

    My only frame of reference is a quote from another dealer for an exact copy of this demo (and thus, the exact same sticker), but brand new. The price on that one, which isn't to the dealer yet but is in transit, is $41,816 (again, pre-incentives). It seems to me that the 4000 miles on the demo should be worth more than that $1800 difference, but I don't really know.

    Any thoughts?
  • haenichaenic Posts: 1
    edited April 2013
    I just leased a 2013 Edge Limited AWD. 301A Package, vision package, 20'inch wheels/rims, tow package, black ex/black int. This is from the Madison, WI area. I went to Keyser and they gave me a very good offer from the start. This was a locate - they didn't have the exact one I wanted on their lot. They had it delivered and ready within 24 hours.

    Also, the 750 coupon is still available if you request the Boucher on ford.com, but keep in mind it takes about 3 weeks to come. I didn't get mine in time, but still feel I got a good deal. Old car blew up (drove it in smoking) and they still gave me 2k for it.

    MSRP 42,590
    discount 2,390.00
    negotiated price 40,200

    Trade-in 2000.00
    cash down 2000.00

    1,250 cash lease incentive

    36 month 12k/yr

    424.00 monthly payments.

    I also got them to throw in the all-weather mats for free. Hope that helps others. This site and car_guy really helped me in my search, so I wanted to post my info for others.

    Cheers!
  • smitonsmiton Posts: 10
    Hello, car_man --

    Could you share the lease terms for a Sport AWD in the D.C./Maryland/VA area? I'm looking at 24 or 36 months/15,000 miles.

    The Edge Sport will have the following options -- Sync/Nav/Driver's package/panoramic sunroof

    Thanks!
  • Folks,

    Thanks to a miserable divorce,my credit is an absolute mess... I need a new car, and have my mind set on a Ford Edge Limited. I'm in a position to pay off most of the debt I have in the next 30 days, but my credit is most likely in the low 500's. What are my options with regards to purchasing or leasing a car? Should I just forget about it for now given my credit situation? I have the income to support the purchase of the car, and looking to put 5K down. Any advice?

    Any on-line suggestions for fiance I should consider?

    Thanks very much for any advice...
  • smitonsmiton Posts: 10
    Hello All (or car_man) --

    Looking for the current residual/lease rate for a Sport FWD/AWD in the state of Virginia? I'm looking at 24 or 36 months/12,000 miles.

    The Edge Sport will have the following options -- Sync/Nav/Driver's package/panoramic sunroof

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello smiton. Ford Credit's current base lease rate and residual value for a 24-month lease of a 2013 Edge Sport FWD with 12,000 miles per year are 0.25% and 65%. The numbers for an otherwise identical 36-month lease are 1.75% and 57%.

    The lease rates are the same for the AWD model, but the residual values would be 1% higher.

    There is a $1,750 cash incentive on leases of this truck right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • brcarbrcar Posts: 10
    Car_Man,

    Could you please provide the June money factor and residual for the 2013 Ford Edge SE and SEL (both FWD and AWD if possible) for a 36 month, 12k mile lease.

    Also could you please provide the current cash incentives?

    Thank you
  • Dealer quoted $418/month, included everything for 3yr/36k miles for 2013 Limited AWD w/302A package. I had to give $1000 upfront (includes first month payment). This is black on black with 302A package. Is that a good steal?
    Thanks,
  • jensen3jensen3 Posts: 35
    Does the $1000 include tax, title and license? Or is that extra?
  • yes $1000 includes everything. not extra, I feel like I am paying $680 extra for nothing,,
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi brcar. Ford Credit's June base lease rate and residual value for a 36-month lease of a 2013 Ford Edge SE AWD with 12,000 miles per year are 1.75% to 2.0% (the exact rate varies by region) and 56%.

    The lease rates would be the same for the other variants that you mentioned, but the residual values would be 57% for the SE FWD, 58% for the SEL AWD and 57% for the SEL FWD.

    The cash incentives on leases of the '13 Edge range from $1,500 to $2,250, again by region.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • heycableheycable Posts: 1
    Hi there,

    What are the current lease rates and finance incentives for:

    2013 Ford Edge
    Limited
    301A
    No more than $2500 down
    In Los Angeles?

    Any idea how much I should expect to pay a month for the above?

    Thank you!
  • loudubeloudube Posts: 4
    Thanks for all the info. I leased a 2013 Ford Edge SEL with appearance pkg in NJ for 24 mos

    MSRP: $41,495
    Incentives: $3500 (incl conquest)
    Sign and Drive: $800 (incl first mo, motor vehicle and doc fee)
    Monthly payment: $385

    Residual: 64% for 12K miles
    Interest Rate: 0.5
  • rbl123rbl123 Posts: 1
    Could someone please send me the following target numbers to negotiate a 12k mile lease for 36 months in Los Angeles for the Limited with the 302A package:

    True Market Value
    Residual Value
    Base Lease Rate
    Discounts/Incentives

    I am dealing with some very slick salespeople at a dealership in North Hollywood so I need some help!

    Thank you very much!
  • Hey. Any help is appreciated. I got a quote today for the 2013 edge. I don't know much about the numbers. Just that it's a 36 month lease. It's the SEL Model with navigation/leather/back up camera and it's AWD.

    I got a price of 380 a month to lease. Nothing down. Taxes included in the 380. I think I'm gonna go back this week and grab it. Anyone have any insight?

    Thanks!
  • MichaellMichaell ColoradoPosts: 3,662
    Hello hmaranino.

    In order to evaluate your deal, we will need the following information:

    MSRP
    Selling price
    Residual amount or Percentage
    Money factor

    Thanks!

    MODERATOR
    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • Unfortunately, I am not too sure about the numbers. I know that the MSRP is a little over 36k. I believe the residual value is around 57% if that makes sense...Not sure about the money factor..

    Hope you are able to help.

    Thanks!
  • MichaellMichaell ColoradoPosts: 3,662
    Without all the information, I'm afraid we aren't able to evaluate your deal.

    MODERATOR
    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • Hi,

    I've been offered this deal. It's the very first offer they made and was over the phone, so I just grabbed as much info as I could think of and told him I'd think about it. I definitely think I can get a way better deal, but I'd like it to be analyzed by someone that knows more than I do, if possible. Thanks!

    $37,700 base
    1.25% APR
    $33,341 - Adjusted cap
    $20,160 - residual
    $3,000 down
    $396 a month plus tax
  • Sorry, I forgot to mention it's 15,000 miles a year - 3 year lease.
  • I just got an offer from my NJ dealer to replace my current 11' Edge lease with a 13' Edge lease for same car SEL AWD with only leather seats and 20" wheels for 39 months and $2,000 down (includes all closing costs) and I get out of my lease 4 months early for $440 a month on the new lease. Is that a good deal?

  • I see most people are getting 36 month leases. I wonder why my dealer only offers 39 month leases?

  • Can someone help evaluate my lease offer?:

    2013 Ford Edge (dealer still has 2013) 3.5L TI-VCT V6 Engine Equipent Group 205A Panoramic Roof 18" Chrome Wheels

    MSRP: 37005.00 (TOTAL MSRP on window sticker they gave me 36,385 Term: 36 Months 15,000 miles per year 3,000 rebate (cap reduction) Residual: .52 Adj Residual: 19242.60

    Lease Payment: 402.05 Per month 802.00 due on delivery

    Sounds like rebate goes towards the initial money down payment bringing that total to 3802.05. I am also thinking about putting down more: 1500 due on delivery to bring payment to 381.00 or 2,000.00 due at delivery for a payment of 367.00. Th emoney down includes all taxes, title and license fees.

    Thanks!

  • jagovigjagovig Posts: 1
    edited January 24

    I went into a dealer today in NYC. Maybe I am missing the plot but a $45k Ford Edge Sport with $2,000 down total got quoted at $560. A bit more and I can get a Mercedes....or am I expecting too much?

This discussion has been closed.